Doesn't everyone want to shed a tear?: CEO Parag Agrawal will only get an estimated $42 million if he is terminated within 12 months of a change in control at the social media company, according to research firm Equilar.
No surprise. It became clear that when Parag took over from Jack, he wouldn’t tolerate anyone who wasn’t a yes man and gutted their security/abuse teams.
> Musk Said to Begin Firing Twitter’s Top Executives
And nothing of value was lost.
I look forward to seeing what Musk has in store for Twitter. It's been a biased cesspool for a long time now. Maybe he can at least make it a less biased cesspool.
So what will they do next, now that the world is less tolerant of the type of rich person who destroys a company then tries to retreat onto a yacht or a ranch or something. Since COVID fell, many rapists have hung themselves[1,2] or been imprisoned,... and "The Europeans" are seizing their yachts one by one[3,4,5]?
(It's like I told Mike Nelson in the hall at the hacker convention -- there's no EU wide intelligence agency, and one day men with guns with come into your home without permission and do a hell of a lot more than knock on the door and go away after being politely told they never should have been let into the building without a warrant[6].)
If the last 6-12 months is any indication, lot of the journalists and Musk critics will be banned from the platform too. I am sure he has a list ready.
But the free speech!!! And bots!!! Heck, I bet what happens is he amplifies the bots to make it seem like the public supports everything he does. That is what this is all about. People are too manipulated by perceived public perception not realizing they are being deceived.
I suppose the big question is whether this makes Twitter more or less attractive to the audience at large.
Social media is extremely fickle and driven by mass migrations. All it takes is a few key players moving and the house of cards collapses.
I think Facebook is a textbook example, having once been the cool alternative to MySpace, which was the cool alternative to web 1.0 and Friendster, etc.
Right... running a social media company is different from running a rocket company or an electric car company. I wouldn't bet against Musk though. He has already adjusted his position on what is allowed on Twitter, now that he is running the company. Previously he said anything that is legal would be allowed but now he says Twitter won't be a "free-for-all hellscape where anything can be said with no consequences"! [1]
Twitter is funny imo because it started as the microblogging service nobody wanted or understood ("nobody cares what you had for breakfast") but somehow got media traction to become an often quoted source for stuff. My perception was the chicken came before the egg, ie media pushed Twitter as a source when it was still irrelevant, and as a consequence it became relevant. So if it loses that media support, it's not immediately clear to me if it will become self sustaining because of its user base. Maybe. Or maybe they will go wherever mainstream media gives the most attention.
It's not based on a grudge. It's based on previous conversations with Agrawal and him coming to the conclusion (along with Jack Dorsey) that Agrawal won't work with him to make the changes he wants to see.
'Changes he wants to see" like publicly declaring that the company/product is dying?
Jack Dorsey is trying to use Twitter as a foil to launch a crypto gimmick. Twitter's problems are largely Dorsey's fault so his opinion isn't reliable.
He was disinvited from joining the board. (Personally, I think CEO Parag Agrawal had good reason for doing so, if you remember Musk's tweets from that time, regarding changes he wanted to see in Twitter.)
https://www.reuters.com/technology/twitter-ceo-set-receive-4...