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Chronicles

The story behind the story

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Source: Elon Musk plans to become Twitter's CEO, but may cede the role in the longer term

It Was Never Taken Down Heather Kelly / Washington Post : You've decided to quit Twitter. Here's what you can use to replace it. Charlie Conchie / City A.M. : Sacked Twitter chiefs could pocket $122m in payouts Gargi Sarkar / Inc42 Media : Will New Content Moderation Council Help Twitter Better Deal With Indian Regulations? Travis Clark / Insider : Elon Musk tweeted ‘let the good times roll’ after buying Twitter. His first day instead saw heads roll, emboldened trolls, and inspired hoaxes. Science News : Status update for Twitter. Tech Xplore : What will Elon Musk's Twitter look like? Shikhar Mehrotra / Digit : Elon Musk takes over Twitter: Whats next for the to-be privately held company Atayama Collins / Killer NewsTv : Elon Musk: The Twitter moderation criteria have still not changed. Lauren Feiner / CNBC : Departing Twitter employees say layoffs have started as Elon Musk takes over The Economic Times : Elon Musk Effect: Experts split on what Twitter takeover means for India Elizabeth Nolan Brown / Reason : Musk Says He Bought Twitter ‘To Help Humanity,’ Pledges Not To Let It Become a ‘Free-for-All Hellscape’ Tweets: @catturd2 : Report ... day one of @elonmusk owning Twitter. I'll be doing this every day to see if anything changes. As of now, I'm still Shadowbanned, ghostbanned, searchbanned, and Twitter removed 1200 followers today - as usual. Nothing has changed - I'll report again tomorrow. Elon Musk / @elonmusk : 🎶 let the good times roll 🎶 Elon Musk / @elonmusk : @catturd2 I will be digging in more today Eliot Higgins / @eliothiggins : A lack of self-regulation on Twitter will just increase the likelihood of government regulation of all social media, it's as simple as that. Brianna Wu / @briannawu : I'm sorry, there's no future where Mastadon replaces Twitter. If you're looking for a decentralized social network for smaller communities, that's discord. The mass public wants one place with easy UI and trust and safety policies. That's not Mastadon. Alex Sherman / @sherman4949 : Not only was this not a hostile takeover, the buyer literally tried everything he could NOT to buy Twitter for months. https://twitter.com/... Ben Rosen / @ben_rosen : these drafts just appeared in my app https://twitter.com/... Kaya Yurieff / @kyurieff : With Musk in control of Twitter, all eyes are on the workforce and job cuts. @beckpeterson and I look at what's next. Headcount has more than doubled since 2016 to 7,500 people at the end of last year https://www.theinformation.com/ ... https://twitter.com/... @kashhill : The Elon effect: My dormant Mastodon account is suddenly picking up new followers. @forbes : Not Just Trump: Here Are The Other Notorious Names—Jones, Shkreli, Yiannopoulos Included—Who Could Be Unbanned On Twitter https://www.forbes.com/... https://twitter.com/... @noahpinion : After Gamergate, everyone who ran Twitter saw what the quote-tweet had turned this platform into. And yet they kept it, because they knew it was their money-maker. Twitter as a video game where you get clout for hate was the only way they knew how to get rich. Tim Pool / @timcast : Veritas, Babylon Bee, JBP, Alex Jones, Trump, Carpe Donktum, James Lindsay, Milo, Sargon, Loomer So many more https://twitter.com/... Nich Carlson / @nichcarlson : Have been thinking... Does it really matter that Trump isn't on here anymore? Seems to me all of his Truth posts get reported on the way his tweets used to. And many of them become screengrab tweets anyway. https://twitter.com/... Judd Legum / @juddlegum : REMINDER: The new owner of one of the most powerful communications platforms in the world is a Ron DeSantis supporter https://twitter.com/... Brandy Zadrozny / @brandyzadrozny : First order of business for the world's richest man, now in charge of the global town square: digging into catturd. https://twitter.com/... Zack Voell / @zackvoell : Steve Jobs' wife owns The Atlantic. Bezos bought the Washington Post. Salesforce CEO owns TIME magazine. A biotech billionaire owns the LA Times. A Thai billionaire owns Fortune magazine. But Elon Musk buying Twitter is the end of our sacred democratic norms? Lauren Boebert / @laurenboebert : Congratulations, @elonmusk! Now please bring back America's most trusted news source. @TheBabylonBee Alex Kantrowitz / @kantrowitz : With Elon in charge of Twitter, do republicans drop the push to repeal section 230? The social media censorship line seems to be toast as well. Jacob Silverman / @silvermanjacob : Just want everyone to keep in mind that the old Twitter regime was really bad — just ask Saudi users. The new regime will find new forms of failure, innovated upon by Elon's crack team of five Joe Rogan knockoffs. (Also, DMs were never secure but especially not now.) @nxthompson : Weigh these three things: 1) Musk's ideas seem likely to make the problems here worse 2) Musk's understanding of the business appears surprisingly shallow 3) Musk has as good a track record of anyone of his generation of creating value. 3 might well matter more than 1&2 @noahpinion : I hope Elon taking over Twitter will mean at least a few negative consequences for the people who turned our whole society into a clout-chasing hate-fest. Donie O'Sullivan / @donie : Notable accounts “permanently” banned over the years: @realdonaldtrump @mtgreenee @infowars @realalexjones @Nero (Milo Yiannopoulos) @therealgeorgez (George Zimmerman) See also Mediagazer

Bloomberg

Context & Ripple Effects

The leadership plan follows months of reporting that Musk expected to be a temporary Twitter CEO after the acquisition, even as he had reportedly lined up another chief executive earlier in the process. His takeover has already removed Parag Agrawal, Ned Segal, and Vijaya Gadde, leaving the company without its prior top leadership team.

The near-term CEO role makes Musk the operating decision-maker immediately after the acquisition, while the prospect of a later handoff separates control of Twitter from the eventual day-to-day management structure.

First-order effects

  • Twitter employees face decisions from Musk directly as departing staff report layoffs have begun and the prior CEO, CFO, and policy head have been fired.
  • Musk assumes responsibility for Twitter's executive direction while saying its moderation criteria have not changed; a future CEO would inherit any operating choices made during his tenure.

Second-order effects

  • A prospective successor will be evaluated against a company whose executive bench and workforce are being reshaped at the same time, making continuity harder to establish.
  • Twitter's users and policy stakeholders must distinguish between Musk's stated unchanged moderation criteria and the longer-term governance model implied by a CEO transition.

Third-order effects

  • The acquisition points to an owner-led transition model in which control can remain concentrated with Musk even if operational leadership later moves to a hired executive.
  • If the planned handoff occurs, Twitter's governance will hinge on whether a future CEO has authority independent of the owner during decisions on staffing and moderation.

The trend: Twitter is moving into an owner-directed restructuring phase, with formal executive leadership potentially becoming a separate role from control of the platform.

Discussion

  • @caseynewton Casey Newton on x
    Here it is: Twitter engineers were told today to *print out* their last 30 to 60 days of code, so they could show it to Elon Musk himself. Then they were told wait, no, actually, please shred all that code you just printed out. Subscribe to read ➡️ https://www.platformer.news/ ..…
  • @catturd2 @catturd2 on x
    Report ... day one of @elonmusk owning Twitter. I'll be doing this every day to see if anything changes. As of now, I'm still Shadowbanned, ghostbanned, searchbanned, and Twitter removed 1200 followers today - as usual. Nothing has changed - I'll report again tomorrow.
  • @elonmusk Elon Musk on x
    🎶 let the good times roll 🎶
  • @elonmusk Elon Musk on x
    @catturd2 I will be digging in more today
  • @alwaleed_talal @alwaleed_talal on x
    Dear friend “Chief Twit” @elonmusk Together all the way 🤝🏻 @Twitter https://twitter.com/... https://twitter.com/...
  • @briannawu Brianna Wu on x
    I'm sorry, there's no future where Mastadon replaces Twitter. If you're looking for a decentralized social network for smaller communities, that's discord. The mass public wants one place with easy UI and trust and safety policies. That's not Mastadon.
  • @sherman4949 Alex Sherman on x
    Not only was this not a hostile takeover, the buyer literally tried everything he could NOT to buy Twitter for months. https://twitter.com/...
  • @ben_rosen Ben Rosen on x
    these drafts just appeared in my app https://twitter.com/...
  • @forbes @forbes on x
    Not Just Trump: Here Are The Other Notorious Names—Jones, Shkreli, Yiannopoulos Included—Who Could Be Unbanned On Twitter https://www.forbes.com/... https://twitter.com/...
  • @noahpinion @noahpinion on x
    After Gamergate, everyone who ran Twitter saw what the quote-tweet had turned this platform into. And yet they kept it, because they knew it was their money-maker. Twitter as a video game where you get clout for hate was the only way they knew how to get rich.
  • @timcast Tim Pool on x
    Veritas, Babylon Bee, JBP, Alex Jones, Trump, Carpe Donktum, James Lindsay, Milo, Sargon, Loomer So many more https://twitter.com/...
  • @alexhern @alexhern on x
    He's spent so long in companies where anyone who tells him his ideas are dumb is fired on the spot that he thinks his ideas are genius https://twitter.com/...
  • @nichcarlson Nich Carlson on x
    Have been thinking... Does it really matter that Trump isn't on here anymore? Seems to me all of his Truth posts get reported on the way his tweets used to. And many of them become screengrab tweets anyway. https://twitter.com/...
  • @juddlegum Judd Legum on x
    REMINDER: The new owner of one of the most powerful communications platforms in the world is a Ron DeSantis supporter https://twitter.com/...
  • @brandyzadrozny Brandy Zadrozny on x
    First order of business for the world's richest man, now in charge of the global town square: digging into catturd. https://twitter.com/...
  • @laurenboebert Lauren Boebert on x
    Congratulations, @elonmusk! Now please bring back America's most trusted news source. @TheBabylonBee
  • @zackvoell Zack Voell on x
    Steve Jobs' wife owns The Atlantic. Bezos bought the Washington Post. Salesforce CEO owns TIME magazine. A biotech billionaire owns the LA Times. A Thai billionaire owns Fortune magazine. But Elon Musk buying Twitter is the end of our sacred democratic norms?
  • @kantrowitz Alex Kantrowitz on x
    With Elon in charge of Twitter, do republicans drop the push to repeal section 230? The social media censorship line seems to be toast as well.
  • @silvermanjacob Jacob Silverman on x
    Just want everyone to keep in mind that the old Twitter regime was really bad — just ask Saudi users. The new regime will find new forms of failure, innovated upon by Elon's crack team of five Joe Rogan knockoffs. (Also, DMs were never secure but especially not now.)
  • @nxthompson @nxthompson on x
    Weigh these three things: 1) Musk's ideas seem likely to make the problems here worse 2) Musk's understanding of the business appears surprisingly shallow 3) Musk has as good a track record of anyone of his generation of creating value. 3 might well matter more than 1&2
  • @noahpinion @noahpinion on x
    I hope Elon taking over Twitter will mean at least a few negative consequences for the people who turned our whole society into a clout-chasing hate-fest.