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As it happenedended1671633959

Elon Musk news: Twitter CEO says suspending accounts for Mastodon links was ‘a mistake’

Billionaire admits to Mastodon ‘mistake’ after confirming he will step down as Twitter chief

Stuti Mishra,Graeme Massie
Wednesday 21 December 2022 14:45 GMT
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Musk polls twitter users on whether he should step down

Elon Musk has admitted taking down accounts for posting links to rival Mastodon was “a mistake” as he looks for a replacement after announcing he is stepping down.

While speaking in a Twitter space on Wednesday, Mr Musk was questioned about the suspension of accounts, like that of venture capitalist Paul Graham, for posting links to Mastodon.

“Yeah, that one was a mistake,” Mr Musk said.

He was then asked to clarify whether people can post the link to Mastodon now.

“Yeah f***ing post Mastodon all goddamn day long, I don’t care,” he added.

Twitter rolled back the controversial policy of suspending users for posting links to rival sites like the open-source Mastodon which is seeing a surge in new users since Mr Musk took control.

The admission comes after Mr Musk's confirmation that he would step down as Twitter CEO.

“I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams,” he tweeted.

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Musk says taking down accounts for posting links of rival Mastodon was ‘a mistake’

Elon Musk has admitted taking down accounts for posting links to rival Mastodon was “a mistake” as he looks for a replacement after announcing he is stepping down.

While speaking in a Twitter space on Wednesday, Mr Musk was questioned about the suspension of accounts, like that of venture capitalist Paul Graham, for posting links to Mastodon.

“Yeah, that one was a mistake,” Mr Musk said when asked about users getting banned for mentioning Mastodon.

“‘I agree, it was a mistake,” the Tesla billionaire again said after being told that arguments can be made for suspending Kanye West and ElonJet.

He was then asked to clarify whether people can post the link to Mastodon now.

“Yeah f***ing post Mastodon all goddamn day long, I don’t care,” he added.

Read the full story here:

Elon Musk says taking down accounts for posting Mastodon’s links was ‘a mistake’

‘I agree, it was a mistake,’ says Musk on Mastodon suspensions

Stuti Mishra21 December 2022 07:51
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Musk appears to fuel notion that bots played part in Twitter poll defeat

ICYMI: Mr Musk on Monday night appeared to fuel a theory that bots were to blame for his defeat in the poll asking whether he should remain Twitter CEO.

Earlier on Monday, an account with the username Wall Street Silver quote-tweeted a side-by-side comparison of the poll on the question of reinstating the account of former President Donald Trump with the poll on the question of Mr Musk’s ongoing Twitter leadership.

The former poll had roughly 15m votes and 836,000 likes, while the later poll had nearly 15m votes and just 312,000 likes. This led Wall Street Silver to wonder “Did bots brigade the Elon poll yesterday?”

Mr Musk replied, “Interesting”. It is not clear why there would be any relationship between voting in a poll on Twitter and liking a tweet, two different actions that do not seem to have any direct relationship.

Stuti Mishra21 December 2022 08:50
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AOC criticises Musk: ‘Lay off the proto-fascism’

ICYMI: Member of congress Alexandria Ocasio-Cortez condemned billionaire Elon Musk after the new Twitter chief suspended the accounts of half a dozen journalists who routinely reported on him and the social media platform.

Responding to the billionaire’s abrupt ban on journalists, Ms Ocasio-Cortez pointed out that he should take a “beat and lay off the proto-fascism”.

She pointed out that Mr Musk was an extremely controversial and powerful public figure. “I get feeling unsafe, but descending into abuse of power + erratically banning journalists only increases the intensity around you,” the Democratic lawmaker said.

As someone who has been subject to real and dangerous plots, I do get it. I didn’t have security and have experienced many scary incidents,” she added.

“In fact, many of the right-wing outlets you now elevate published photos of my home, car, etc. At a certain point you gotta disconnect. Maybe try putting down your phone,” she suggested.

Mr Musk swiftly responded: “You first lol.”

Read more here.

Graeme Massie21 December 2022 09:53
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2.5 million users flock to Twitter rival Mastodon since Musk takeover

Mastodon has seen millions of users flock in since Twitter's takeover by Elon Musk in October, growing eight times in monthly users.

According to a blog post by the platform’s founder, Eugen Rochko, the website saw 2.5 million users between the months of October and November, a big jump from 300,000 users earlier.

In the post addressing Twitter's now rolled-back rules limiting posting links to other social media sites and suspension of journalists, Mr Rochko wrote "more and more journalists, political figures, writers, actors and organisations" were moving over.

"Understanding that freedom of the press is absolutely essential for a functional democracy, we are excited to see Mastodon grow and become a household name in newsrooms across the world, and we are committed to continuing to improve our software to face up to new challenges that come with rapid growth and increasing demand," he wrote.

Mastodon is a free, open-source and self=hosted platform which has soared in popularity off late. However, its user base still remains a fraction of Twitter's over 238 million users.

Stuti Mishra21 December 2022 10:30
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Elon Musk ‘actively searching’ for new Twitter CEO

ICYMI: Elon Musk is reportedly “actively searching” for a new CEO of Twitter, according to sources cited by CNBC.

There’s no word on who might be a potential successor, despite several figures putting their name forward - including the rapper Snoop Dogg and computer scientist Lex Fridman.

“The question is not finding a CEO, the question is finding a CEO who can keep Twitter alive,” Musk tweeted on Sunday night.

Stuti Mishra21 December 2022 11:15
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Are Elon Musk’s Twitter antics damaging Tesla?

ICYMI: Tesla investors are reportedly fuming over what they see as a major distraction for Musk. The electric car maker is currently experiencing the biggest stock sell-off since going public 12 years ago (see chart below), and the CEO’s antics on Twitter are seen as a significant factor in this $600 billion slide.

We’ve heard from Antoine Argouges the founder of ethical investment group Tulipshare:

Elon Musk’s decision to call on Twitter users to vote on whether he should remain the CEO is the latest in a string of controversial decisions that is undermining his reputation and credibility with [Tesla] shareholders.

his is the latest move in a long line of actions that demonstrate his volatility and how his preoccupation with Twitter is damaging confidence amongst his shareholders. Tesla’s market value has plunged since the Musk’s takeover of Twitter, and his performance demonstrates how the Tesla Board has failed to hold Musk accountable – it’s time for shareholders to act.

Backed by retail investors, we are asking Elon Musk’s pay to be linked to his performance on environmental, social, and governance metrics. Tesla’s Board and its shareholders must take greater responsibility to adopt and deliver more ambitious ESG commitments – and retail investors have a vital role to play in holding them to account. Through shareholder activism, we are calling for Musk’s pay to be linked to ESG, to demand increased governance as well as delivering for the environment and worker’s rights across the economy.

Antoine Argouges
Graeme Massie21 December 2022 12:02
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Elon Musk and Adam Schiff spar on twitter again

ICYMI: The billionaire asked the lawmaker from California if he had approved “hidden state censorship in direct violation of the Constitution of the United States.”

Mr Schiff was quick to turn the tables on Twitter’s owner.

“I don’t support censorship. Or hate speech. As the (outgoing) CEO of Twitter, how about you? Why not do more to stop slurs against Black people, LGBTQ+ people, Jewish people, and others? Do you commit to providing the public with actual answers and data, not just tweets?” he wrote.

Graeme Massie21 December 2022 13:01

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