As Elon Musk’s crusade against Twitter escalated from a war of words to a full-on takeover, he was egged on behind the scenes by a mix of voices—from fellow billionaires to internet trolls—with their own beefs with the social media platform. (WSJ)
Musk told banks that agreed to help fund his $44 billion acquisition of Twitter that he could crack down on executive and board pay at the social media company in a push to slash costs—and would develop new ways to monetize tweets, three people familiar with the matter said. (Reuters)
Reuters also reports Musk has reportedly already lined up a new CEO to take over from Parag Agrawal—and cites a source saying he won’t make decisions on job cuts until he actually takes ownership of the company. (The Verge)
Most Americans don’t have a problem with Twitter or other social media companies removing posts that include misinformation, promote violence or pose a risk to the public, according to an Ipsos poll. (Axios)