Musk has sent mixed signals about whether Twitter will or will not screen out tweets that are racist and hateful and tweets that contain lies and propaganda. The NAACP, among other activist groups, has called on Elon Musk to take a clear stand against hate. Major advertisers have suspended their advertising until Musk clarifies his policies.
Musk responded by threatening to “name and shame” the advertisers who have pulled their ads. This is a curious position, since their names are already in public.
He held a live meeting on Wednesday, attended by 100,000 or so people including some of Twitter’s largest advertisers and marketing partners, hoping to reassure the biggest sources of Twitter’s revenues.
Elon Musk laid out more of his plans for Twitter in a publicly broadcast meeting Wednesday, assuring advertisers he had noted their concerns about hate speech and misinformation on the site while saying the platform would continue changing rapidly and that some of its new features would fail.
Musk took questions over the course of roughly an hour from two of his executives and a representative of the advertising industry during a Twitter Spaces meeting, which was broadcast live on the site midday. More than 100,000 people listened live….
He repeated that the company hasn’t made any changes to its content moderation policies — which attempt to keep rule-breaking content off the site — but said he believes requiring more people to pay to use Twitter through a new $8 verification program would lower the amount of hate speech overall.
The billionaire said the company’s progress would be much more freewheeling than in the past, with new ideas rapidly becoming features and then being cut quickly if they don’t work out. Mistakes will be made, he said.
“If nothing else I am a technologist and I can make technology go fast,” Musk said. “If we do not try bold moves, how will we make great improvements?”
The move comes days after Musk – who acquired the company in a $44 billion deal last month – threatened a “thermonuclear name & shame” campaign against advertisers that jilt his platform.
Musk last week said Twitter was facing a “massive drop in revenue” as advertisers paused campaigns on the platform. Since Musk completed his acquisition, reports of hate speech and abuse on Twitter have swelled.
NAACP President Derrick Johnson called on businesses to drop their advertisements on Twitter “until actions are taken to make Twitter a safe space.” Musk, a self-proclaimed “free speech absolutist,” accused businesses that participate in the boycott of “trying to destroy free speech in America.”
Automakers Ford, General Motors and Volkswagen have all pulled their Twitter ads, along with cereal and snack companies General Mills and Mondelez, the corporation behind Oreo cookies, Ritz crackers and Sour Patch Kids candy. International ad and consulting firm Interpublic, which represents American Express, Coca-Cola, Fitbit, Spotify and dozens of other major corporations, has also suspended its Twitter ad buys.

An individual so thin-skinned should not be making policy for such a major public platform. Hopefully, his bullying will backfire. People are going to keep buying Oreos, cars, etc. They don’t need a platform that allows and participates in the hate (Musk’s insinuating Paul Pelosi’s attack was due to a homosexual relationship and seemingly retaliative suspension of the accounts of the head of the League of Women Voters’ and comedian Kathy Griffin’s accounts). It seems the only plausible reason for the suspension of the League of Women Voters suspension was because she is a member of the LGBTQ+ community.
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Individual users should follow suit, and bail out as well. Teach Elon a lesson. Let him lord over the remaining tatters of an hate-filled platform, for which he vastly overpaid and now is stuck with the machinations of managing both the crazies and the corporations. Good luck with that “free speech” thingy.
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What an idiot.
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That should get them to come back and encourage other companies to advertise or sure.
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Elon is just throwing away billions hand over fist at this point.
He should stop while he is still ahead of Jeff Bezos.
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It wasn’t enough for Elon that he threw away $44 billion on a company that was barely afloat.
No, he had to puncture the life raft with an ice pick like a crazed lobotomy doctor.
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It is interesting to watch the richest man on the stratosphere act like a total jerk in public.
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Not just a jerk.
An idiot.
The latter is far more concerning, given that he is building rockets and self driving cars, which potentially put everyone at risk.
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OK, so let me get this straight: if a company declines to purchase presentation of its name on Twitter, the consequences will be that Mr. Musk will present their names on Twitter for free? Yeah, I can see how that would snap them into line.🙄
Also, in what way is it “shameful” not to advertise on Twitter, especially if the reason is concern over the possibility of being associated with hate speech??!🤔
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I think Musk is making a fool of himself. His management style is chaos, disruption, intimidation.
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“ I think Musk is making a fool of himself.”
Always best to leave it to an expert! Brings to mind that classic conundrum, “If he’s so rich, how come he ain’t smart?”
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I always heard it the other way around, “If he’s so smart, why ain’t he rich?”
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That was the joke!!!
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Though it was in jest, Lenny’s version actually makes more sense.
Lots of smart people aren’t rich.
Look at Gregori Perelman, who was awarded a Field s medal (maths version of the Nobel prize) and also a Clay Millennium Prize of $1 million, but refused both on principle. He instead chose to live in relative poverty.
On the other hand lots of very rich people are not particularly smart but just happened to be lucky and/or know the right people.
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I tried twitter when it first came out at the urging of my district. I thought the content was too often superficial so I quit using it. Musk has just given me a reason never to go back.
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By endorsing Republican candidates, he lost my “vote,” when the rich and powerful say “trust me,” the rest of us risk getting pregnant…
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Endorsements are a weird thing, whoever does them.
The logic behind them actually violates the basic principle of a democracy, where everyone is supposed to vote for the candidate that they themselves believe is best for the particular position. To follow an endorsement is effectively to give up your judgement to someone else.
Not coincidentally, our current two party system also violates this principle because we are incessantly being told whom to vote for by people who presume to know more than we do.
It takes some gall to presume that you know better than anyone else.
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In fact, it is a profoundly UNdemocratic position to take.
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This week I have been helping my brother. He builds houses. I can ga run tee none of those guys are checking their Twitter account. What they are doing is working long hours, going with their daughter to a soccer match two states away, caring for their wife, an amputee after cancer, and other stuff that makes politics seem far away.
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Companies that pull out of a particular advertising venue do so solely on the basis of a business calculation that public perception of their “integrity” (and, hence, new and continuing customer engagement) will outweigh whatever customer losses they may suffer from the loss of people seeing their ads in that venue. If Musk does “name and shame” these businesses, he will only be doing them a favor by promoting their “integrity” for more people to see. Which is pretty ironic that he would be essentially advertising for companies that pulled their advertising from his site.
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Yup.
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If anyone has doubts about Elon Musk’s stability, threatening many CEOs of major corporations to name and shame them, many companies worth a lot more than Twitter, this should be evidence enough.
Historically, public threats do not work well and often cause more damage.
Is it too early to say, “Good bye, Twitter. We don’t have to put up with Musk’s crap. We have choices: Pinterest, Snap Chat, Instagram, and even Facebook?”
Who would you prefer if you were forced to make a choice: Musk or Zuckerberg?
Mark Zuckerberg, for one, must be doing flips and hand-stands as his company gears up to reach as many of Twitter’s followers as possible and lure them away from Musk’s insanity and instability.
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Zuckerberg is having his own company meltdown. He just laid off 11,000 employees!
If I had to guess, I’d say the novelty is wearing off of social. Media sites like Twitter and Facebook.
Like a fool , Musk paid top dollar for a company of dubious value that was most likely destined for a serious downsizing anyway.
And if I had the choice between Musk and Zuckerberg, I’d choose an iceberg.
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Lettuce??
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What do tRump, Musk, and Zuckerberg have in common?
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Besides the obvious fact that they are all narcissists?
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