Musk lays out Twitter mission, sparks debate on content accuracy By Reuters
Economy 1 hour ago (Nov 07, 2022 08:47)
© Reuters. FILE PHOTO: Elon Musk photo and Twitter logo are seen through magnifier in this illustration taken November 4, 2022. REUTERS/Dado Ruvic/Illustration
(Reuters) -Twitter Inc’s new CEO Elon Musk said on Sunday the social media platform’s mission was to become the most accurate source of information about the world, sparking debate about how it would achieve that and who determines what is accurate.
A flurry of drastic measures including sacking half the staff and charging users that Musk has taken since he took over Twitter in a $44 billion deal just about a week ago has provided some early clues to how the platform will be reshaped by the world’s richest person.
Some advertises have pulled spending since the deal was announced, with Musk blaming activist groups for pressuring advertisers amid concerns about its content moderation.
“Twitter needs to become by far the most accurate source of information about the world. That’s our mission,” Musk said on Sunday.
His tweet instantly triggered tens of thousands replies and provoked lively debates on how the mission will be achieved.
“Accurate to who?,” Twitter founder and former CEO Jack Dorsey asked.
Musk, who also runs electric vehicle company Tesla and rocket firm SpaceX, said last month Twitter will be forming a content moderation council with “widely diverse viewpoints”.
The self-described free speech absolutist said at the time that no major content decisions or account reinstatements will happen before that council convenes.
Musk also said on Sunday Twitter users engaging in impersonation without clearly specifying it as a “parody” account will be permanently suspended without a warning.
He said Twitter previously issued a warning before suspension, but as Twitter is rolling out widespread verification, there will be no warning as well as “no exceptions.”
“This will be clearly identified as a condition for signing up to Twitter Blue,” Musk said, adding any name change at all will cause temporary loss of verified checkmark.
Twitter on Saturday updated its app in Apple (NASDAQ:AAPL)’s App Store to begin charging $8 for sought-after blue check verification marks as it seeks to shore up revenue.
Benefits of the verification service would include “half the ads”, the ability to post longer videos to Twitter and priority ranking for quality content, Twitter said.
But earlier on Sunday, the New York Times reported Twitter is delaying the rollout of verification check marks to subscribers of its new service until after Tuesday’s midterm elections.
In a sign of more confusion after Musk’s takeover, Twitter is now reaching out to dozens of employees who lost their jobs and asking them to return, Bloomberg News reported on Sunday.
Some of those who are being asked to return were laid off by mistake. Others were let go before management realized that their work and experience may be necessary to build the new features Musk envisions, the report said citing people familiar with the moves.
Twitter did not immediately respond to Reuters’ request for comment about the rehiring efforts.
Musk lays out Twitter mission, sparks debate on content accuracy
(Corrects to October from September in first paragraph) MOSCOW (Reuters) -The rouble strengthened on Monday, belatedly responding to last Friday’s dollar weakness as it pulled…
LONDON (Reuters) -Britain’s foreign minister James Cleverly on Monday will announce investments of more than 100 million pounds ($115 million) to support developing countries in…
LONDON (Reuters) -Improving transparency of ‘non-banks’ such as pension funds is a first step in applying lessons from recent turmoil in Britain’s government bond market, Bank of…
© 2007-2022 Fusion Media Limited. All Rights Reserved.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.