Elon Musk now owns 9.2% of twitter...update.. will soon be the sole owner as Board of Directors accepts his purchase offer

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Vic

Elite Member
Jun 12, 2001
50,415
14,307
136
The only people left are nuts like him or workers held hostage on H1-Bs.
Prior to Musk's acquisition of twitter, a substantial portion of employees' compensation was in RSU's (stock options). So Musk basically cashed them all out beyond their wildest expectations by paying too much for the company, and then acted big by expecting them to all work longer hours for less (because there won't be any more RSU's in the future now that the company is private). Is it any surprise most of them said "peace out"? It shouldn't be.
 
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linkgoron

Platinum Member
Mar 9, 2005
2,334
857
136
Prior to Musk's acquisition of twitter, a substantial portion of employees' compensation was in RSU's (stock options). So Musk basically cashed them all out beyond their wildest expectations by paying too much for the company, and then acted big by expecting them to all work longer hours for less (because there won't be any more RSU's in the future now that the company is private). Is it any surprise most of them said "peace out"? It shouldn't be.
They could have sold all of their stocks when the price was higher last year, at 60-70 USD, or around November last year for the same price as Musk paid. From what I found on Blind there was no RSU vesting acceleration. However, according to the same post, the remaining vesting schedule is being paid as cash in the same interval - so it's not such a terrible retention.
 

MrSquished

Lifer
Jan 14, 2013
21,969
20,227
136
Elon has gutted the team dedicated to getting rid of as much of the child safety issues off of Twitter. They would never get all of them as Twitter has admitted, but they were growing that team. Elon has said it is a priority but it's all just lies. As this article notes the teams are gutted and there are zero ads for jobs for that kind of job right now. This was a big issue with companies advertising. They would literally have their ads shown next to child abuse tweets and now Elon has shown he does not give two shits about any of this.

Imagine being such a piece of shit you use child safety issues as a propaganda tool because all you can do is lie so your ego is satisfied. And this will become a serious legal issue for that trash of a human being. When you say this is a priority but literally make it worse while doing nothing to fix it, you are using children to further your own goals while doing literally nothing to fix it. Sick sick guy.



A few weeks ago, Twitter CEO Elon Musk asked his remaining staff for a show of loyalty by prompting them to click a "yes" link in an email. By clicking yes, the employees were telling Musk that they agreed to work longer hours—if they could keep their jobs. It was Musk’s way of seeing who on his existing team was truly ready to fall in line behind his “hardcore” efforts to build Twitter 2.0. Musk quickly learned how unattractive his offer was when an overwhelming number of employees did not click yes, and among those rejecting Musk’s severe terms was apparently almost half of Twitter’s global team dedicated to preventing child sexual exploitation on the platform.

Three people familiar with Twitter’s current staffing told Bloomberg that when 2022 started, Twitter had 20 team members responsible for reviewing and escalating reports of child sexual abuse materials (CSAM). Today, after layoffs and resignations, there are fewer than 10 specialists forming what Bloomberg described as “an overwhelmed skeleton crew.” It seems that despite Musk continually tweeting that blocking CSAM is Twitter’s top priority and even going so far as inviting users to tweet CSAM directly at him, Musk may already be losing his battle to keep the material off Twitter.

“Musk didn’t create an environment where the team wanted to stay,” sources told Bloomberg.

The staff that Musk lost, according to Bloomberg, included child safety experts and former law enforcement officers in the US, Ireland, and Singapore. Sources said that this team was already working longer hours—before Musk asked employees to commit to more hours—just trying to keep up with the constant flow of user reports and legal requests.

These people removed the CSAM, assisted in law enforcement investigations, and—relying on human reasoning instead of artificial intelligence—identified accounts grooming minors or promoting attraction to minors as healthy.

Although Twitter recently removed some known hashtags used to spread CSAM, the move was not a complete or permanent solution because hashtags change, and so does the coded language that abusers use to skirt automated content removal. Because the removal of these hashtags happened after Musk’s takeover, it’s easy to credit him with the decision and see it as his commitment to blocking CSAM. However, sources told Bloomberg that the decision to remove the hashtags happened before Musk came on board.

According to Wired, there’s only one child safety team member left to handle all the reports coming from the Asia-Pacific region. This means Twitter has one expert who understands both regional laws to coordinate with law enforcement and evolving code words used in languages other than English in that region to evade detection.

In the early morning hours today, Musk was awake and tweeting, insisting that removing CSAM from Twitter “will forever be our top priority.”

It’s a responsibility that he can't dodge. Unlike blocking hate speech and misinformation—which can, in some cases, violate Twitter rules—Musk is legally required to block CSAM on his platform.

That means his “freedom of speech, not freedom of reach” promise (planning to contain non-criminal hate speech and information simply by not promoting it to Twitter users) is not an acceptable strategy for dealing with CSAM. Especially in Europe, lawmakers are cracking down on CSAM, with new laws dictating how platforms approach online child safety. Musk could continue losing money on Twitter if he risks fines, which could be as high as 10 percent of Twitter’s revenue, for breaking child safety laws. The UK’s Online Child Safety Bill even threatens to block platforms regionally in serious cases where CSAM cannot be adequately controlled.

Musk also seems to know that he cannot afford for Twitter to be dropped by the Apple App Store, which former head of Twitter Trust & Safety Yoel Roth wrote in The New York Times could happen if Twitter doesn’t prioritize protecting kids on the platform.

Twitter didn’t respond to Ars’ request for comment, but The Verge reported earlier this year that Twitter itself concluded in April that “Twitter cannot accurately detect child sexual exploitation and non-consensual nudity at scale.” In September, Reuters reported that some brands were dropping Twitter specifically because Twitter placed their ads next to CSAM. David Maddocks, the brand president of Cole Haan, summed up advertiser concerns to Reuters, saying, "We're horrified.”

Experts told Wired that child safety organizations help social media platforms like Twitter automatically detect and remove a lot of CSAM, but the technology can’t replace human moderators who have access to more data than outside organizations.

In September, when Twitter still had a spokesperson, Celeste Carswell told Reuters that Twitter was “investing more resources dedicated to child safety, including hiring for new positions to write policy and implement solutions.” Ars couldn’t find any current job listings for child safety positions, so the only update since then seems to be the slide Musk recently shared from a Twitter 2.0 presentation that broadly claimed, “We’re recruiting.”
 
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Paratus

Lifer
Jun 4, 2004
16,846
13,778
146
Elon has gutted the team dedicated to getting rid of as much of the child safety issues off of Twitter. They would never get all of them as Twitter has admitted, but they were growing that team. Elon has said it is a priority but it's all just lies. As this article notes the teams are gutted and there are zero ads for jobs for that kind of job right now. This was a big issue with companies advertising. They would literally have their ads shown next to child abuse tweets and now Elon has shown he does not give two shits about any of this.

Imagine being such a piece of shit you use child safety issues as a propaganda tool because all you can do is lie so your ego is satisfied. And this will become a serious legal issue for that trash of a human being. When you say this is a priority but literally make it worse while doing nothing to fix it, you are using children to further your own goals while doing literally nothing to fix it. Sick sick guy.



A few weeks ago, Twitter CEO Elon Musk asked his remaining staff for a show of loyalty by prompting them to click a "yes" link in an email. By clicking yes, the employees were telling Musk that they agreed to work longer hours—if they could keep their jobs. It was Musk’s way of seeing who on his existing team was truly ready to fall in line behind his “hardcore” efforts to build Twitter 2.0. Musk quickly learned how unattractive his offer was when an overwhelming number of employees did not click yes, and among those rejecting Musk’s severe terms was apparently almost half of Twitter’s global team dedicated to preventing child sexual exploitation on the platform.

Three people familiar with Twitter’s current staffing told Bloomberg that when 2022 started, Twitter had 20 team members responsible for reviewing and escalating reports of child sexual abuse materials (CSAM). Today, after layoffs and resignations, there are fewer than 10 specialists forming what Bloomberg described as “an overwhelmed skeleton crew.” It seems that despite Musk continually tweeting that blocking CSAM is Twitter’s top priority and even going so far as inviting users to tweet CSAM directly at him, Musk may already be losing his battle to keep the material off Twitter.

“Musk didn’t create an environment where the team wanted to stay,” sources told Bloomberg.

The staff that Musk lost, according to Bloomberg, included child safety experts and former law enforcement officers in the US, Ireland, and Singapore. Sources said that this team was already working longer hours—before Musk asked employees to commit to more hours—just trying to keep up with the constant flow of user reports and legal requests.

These people removed the CSAM, assisted in law enforcement investigations, and—relying on human reasoning instead of artificial intelligence—identified accounts grooming minors or promoting attraction to minors as healthy.

Although Twitter recently removed some known hashtags used to spread CSAM, the move was not a complete or permanent solution because hashtags change, and so does the coded language that abusers use to skirt automated content removal. Because the removal of these hashtags happened after Musk’s takeover, it’s easy to credit him with the decision and see it as his commitment to blocking CSAM. However, sources told Bloomberg that the decision to remove the hashtags happened before Musk came on board.

According to Wired, there’s only one child safety team member left to handle all the reports coming from the Asia-Pacific region. This means Twitter has one expert who understands both regional laws to coordinate with law enforcement and evolving code words used in languages other than English in that region to evade detection.

In the early morning hours today, Musk was awake and tweeting, insisting that removing CSAM from Twitter “will forever be our top priority.”

It’s a responsibility that he can't dodge. Unlike blocking hate speech and misinformation—which can, in some cases, violate Twitter rules—Musk is legally required to block CSAM on his platform.

That means his “freedom of speech, not freedom of reach” promise (planning to contain non-criminal hate speech and information simply by not promoting it to Twitter users) is not an acceptable strategy for dealing with CSAM. Especially in Europe, lawmakers are cracking down on CSAM, with new laws dictating how platforms approach online child safety. Musk could continue losing money on Twitter if he risks fines, which could be as high as 10 percent of Twitter’s revenue, for breaking child safety laws. The UK’s Online Child Safety Bill even threatens to block platforms regionally in serious cases where CSAM cannot be adequately controlled.

Musk also seems to know that he cannot afford for Twitter to be dropped by the Apple App Store, which former head of Twitter Trust & Safety Yoel Roth wrote in The New York Times could happen if Twitter doesn’t prioritize protecting kids on the platform.

Twitter didn’t respond to Ars’ request for comment, but The Verge reported earlier this year that Twitter itself concluded in April that “Twitter cannot accurately detect child sexual exploitation and non-consensual nudity at scale.” In September, Reuters reported that some brands were dropping Twitter specifically because Twitter placed their ads next to CSAM. David Maddocks, the brand president of Cole Haan, summed up advertiser concerns to Reuters, saying, "We're horrified.”

Experts told Wired that child safety organizations help social media platforms like Twitter automatically detect and remove a lot of CSAM, but the technology can’t replace human moderators who have access to more data than outside organizations.

In September, when Twitter still had a spokesperson, Celeste Carswell told Reuters that Twitter was “investing more resources dedicated to child safety, including hiring for new positions to write policy and implement solutions.” Ars couldn’t find any current job listings for child safety positions, so the only update since then seems to be the slide Musk recently shared from a Twitter 2.0 presentation that broadly claimed, “We’re recruiting.”
Wow 10% of revenue fines?

Big Brain Musk: No fines if you drive away all your revenue.
 

cytg111

Lifer
Mar 17, 2008
23,551
13,116
136
Elon cant contemplate that all these programmers are not Musk fans. Surely its woke deepstate at play here.
 

MrSquished

Lifer
Jan 14, 2013
21,969
20,227
136
At Thanksgiving there is this couple there, older couple in their late 50's, every year. I know they bought a Tesla a couple years ago. I asked him a question about the cars functionality and asked what features he liked and disliked. He mentioned a few things and then said what really bothers him is Musk himself. He had no idea the guy was such a terrible person and the stuff he has been doing and saying is insane. He said he wished he could get like a Chevy logo and put it over the Tesla logo as he did not like being associated with him in any way.
 
Reactions: Leeea and Thump553

Bitek

Lifer
Aug 2, 2001
10,658
5,228
136
At Thanksgiving there is this couple there, older couple in their late 50's, every year. I know they bought a Tesla a couple years ago. I asked him a question about the cars functionality and asked what features he liked and disliked. He mentioned a few things and then said what really bothers him is Musk himself. He had no idea the guy was such a terrible person and the stuff he has been doing and saying is insane. He said he wished he could get like a Chevy logo and put it over the Tesla logo as he did not like being associated with him in any way.
More so, I'll be avoiding Tesla's.

Plenty of other quality EVs NOT built by the King of MAGA Incels.

I am enjoying the moral dilemmas the suburban yuppy Tesla owners are finding themselves in.

Bought an $80k EV to show off and virtue signal how they are saving the planet... But also they love them some Nazis and Donald Trump lololol


Yup. Musk is actively destroying two companies
 

cytg111

Lifer
Mar 17, 2008
23,551
13,116
136
Twitter, sure. I'm already doing that.

More so, I'll be avoiding Tesla's.

Plenty of other quality EVs NOT built by the King of MAGA Incels.

I am enjoying the moral dilemmas the suburban yuppy Tesla owners are finding themselves in.

Bought an $80k EV to show off and virtue signal how they are saving the planet... But also they love them some Nazis and Donald Trump lololol
Yup me too… was eyeballing a 3 too.
 

Zor Prime

Golden Member
Nov 7, 1999
1,023
588
136
Looks like there's been a delay in Apple banning Twitter, Tim Cook recently gave Elon a tour of Apple HQ.
 
Reactions: Leeea
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