CEO of X reveals MAJOR changes Elon Musk is about to unleash



As many know, Twitter has been renamed X, but that’s not the only thing Elon Musk intends to change about the social media platform.

X CEO Linda Yaccarino says that Musk has had rebranding plans for a long time now to “transform Twitter into X — the everything app,” a “global town square that is fueled by free expression, where the public gathers in real time.”

"'In real time' is what's most important about the vibrancy of X and how people interact with it," Yaccarino says, adding that since Musk acquired the platform, X has transformed "experiences and evolution into long-form video and articles" where people can "subscribe to [their] favorite creators who are now earning a real living on the platform."

“Soon you'll be able to make video chat calls without having to give your phone number to anyone on the platform” and potentially make payments to friends and other creators.

“The rebrand represented really a liberation from Twitter, a liberation that allowed us to evolve past a legacy mindset and a thinking and to reimagine how everyone on Spaces who's listening, everybody who's watching. Around the world, it's going to change how we congregate, how we entertain, how we transact all in one place,” she continues.


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Elon Musk proclaims he may decide to step down as Twitter CEO within hours



Elon Musk proclaimed that he would step down as Twitter CEO if the users of the popular social media platform demanded his removal.

Musk conducted a new poll at 6:20 p.m. on Sunday, asking his more than 122 million followers if he should abdicate his leadership role on Twitter.

Musk tweeted, "Should I step down as head of Twitter? I will abide by the results of this poll."

At the time of publication, nearly 5 million Twitter users voted in Musk's poll. Approximately 58% called for Musk to step down versus roughly 42% who wanted him to retain his Twitter CEO duties.

The poll is set to expire at around 4:20 a.m. on Monday.

\u201cShould I step down as head of Twitter? I will abide by the results of this poll.\u201d
— Elon Musk (@Elon Musk) 1671405633

A Twitter account suspected that Musk "already has the new CEO picked out." The user hypothesized, "Elon will retire to being Chairman of the Board and Tweeter."

Musk replied, "No one wants the job who can actually keep Twitter alive. There is no successor."

Musk responded to another Twitter user, "The question is not finding a CEO, the question is finding a CEO who can keep Twitter alive."

Popular podcast host, computer scientist, and artificial intelligence researcher Lex Fridman offered to be the Twitter CEO for free.

Fridman tweeted, "Fun suggestion @elonmusk: Let me run Twitter for a bit. No salary. All in. Focus on great engineering and increasing the amount of love in the world. Just offering my help in the unlikely case it's useful."

Musk replied, "You must like pain a lot. One catch: you have to invest your life savings in Twitter and it has been in the fast lane to bankruptcy since May. Still want the job?"

Despite the conditions, Fridman still wanted the job, and vowed to "turn it around."

There have been multiple controversies and eye-opening events since Musk acquired the social media network.

Musk helped release the "Twitter Files," Twitter temporarily suspended several journalists for reportedly doxxing his exact location in real time, and briefly banned Washington Post tech writer Taylor Lorenz.

Musk spent part of his Sunday watching the World Cup final between France and Argentina with Jared Kushner – the son-in-law of former President Donald Trump.

\u201cMusk and Kushner spotted at World Cup final https://t.co/JZSYuTbn2u\u201d
— The Hill (@The Hill) 1671390966

Hillary Clinton blames Republicans for attack on Paul Pelosi, Elon Musk steps in and questions the narrative: 'Might be more to this story than meets the eye'



Following the alleged hammer attack on Paul Pelosi, several Democrats accused Republicans of inciting political violence. Some Democrats made the damning accusations despite the investigation in its infancy and there not being concrete proof that the suspect – David DePape – was motivated by politics to attack the husband of House Speaker Nancy Pelosi (D-Calif.).

On Saturday, Hillary Clinton blamed Republicans for political violence.

"The Republican Party and its mouthpieces now regularly spread hate and deranged conspiracy theories," Clinton wrote on Twitter. "It is shocking, but not surprising, that violence is the result. As citizens, we must hold them accountable for their words and the actions that follow."

Clinton's tweet linked to a Los Angeles Times article with the headline: "Accused Pelosi attacker David DePape spread QAnon, other far-right, bigoted conspiracies."

"In a personal blog that DePape maintained, posts include such topics as 'Manipulation of History,' 'Holohoax' and 'It’s OK to be white.' He mentioned 4chan, a favorite message board of the far right. He posted videos about conspiracies involving COVID-19 vaccines and the war in Ukraine being a ploy for Jewish people to buy land," the article read.

"DePape’s screeds included posts about QAnon, an unfounded theory that former President Trump is at war with a cabal of Satan-worshipping elites who run a child sex ring and control the world," the article added. "In an Aug. 23 entry titled 'Q,' DePape wrote: 'Either Q is Trump himself or Q is the deepstate moles within Trumps inner circle.'"

However, the website that the Los Angeles Times links to was created on Sept. 8, 2022, according to WHOIS – a public database that provides information about who and when a domain name was registered by.

The Wayback Machine – a digital archive of internet websites – only began archiving the site on Oct. 28, 2022.

The website in question, frenlyfrens.com, was deactivated by the hosting company Wix after the attack on Pelosi.

Elon Musk responded to Clinton's tweet, and questioned the narrative.

The new CEO of Twitter replied to Clinton, "There is a tiny possibility there might be more to this story than meets the eye."

Musk linked his tweet to an article from the Santa Monica Observer titled: "The Awful Truth: Paul Pelosi Was Drunk Again, And In a Dispute With a Male Prostitute Early Friday Morning."

\u201c@HillaryClinton There is a tiny possibility there might be more to this story than meets the eye https://t.co/HCaF5DrRjP\u201d
— Hillary Clinton (@Hillary Clinton) 1667064871

The Santa Monica Observer claimed – without evidence – that Paul Pelosi was with a male prostitute on the night of his attack. The writer admitted that the accusation is "my humble opinion."

The Santa Monica Observer has a factual reporting rating of "low" by Media Bias/Fact Check – a self-proclaimed "independent website that has promoted awareness of media bias and misinformation by rating the bias, factual accuracy, and credibility of media sources, large and small."

MBFC labeled the Santa Monica Observer as a "questionable source," which the site defines as having "extreme bias, consistent promotion of propaganda/conspiracies, poor or no sourcing to credible information, a complete lack of transparency and/or is fake news."

However, there are many questions still to be answered about the alleged home invasion involving David DePape – a reported nudist hemp jewelry maker from Berkeley.

As TheBlaze previously reported, DePape allegedly infiltrated the home of the third person in line for the presidency only using a hammer.

Paul Pelosi purportedly was permitted to use the bathroom by hammer-wielding DePape in the middle of the home invasion. Pelosi allegedly had his cell phone charging in the bathroom, which he used to call 911.

Reports claim, "The operator heard Mr. Pelosi asking: 'What’s going on? Why are you here? What are you doing to me?'"

However, there is audio of an alleged police dispatcher informing officers that a "somewhat confused" Pelosi told him that a "friend" by the name of "David" was in his home.

The dispatcher is heard saying, "There is a male in the home and that he is going to wait for his wife. However, he stated that he doesn't know who the male is but that his name is 'David 'and that he is a friend."

The dispatcher noted that the reporting person "sounded somewhat confused."

When police arrived at the Pelosi's home in San Francisco, they "knocked on the front door and were let inside by an unknown person," according to Politico.

The report continued, "They discovered DePape and Pelosi struggling for a hammer, and after they instructed them to drop the weapon."

Police say that's when DePape "violently attacked" Pelosi with the hammer.

In first all-hands meeting with Twitter employees, Elon Musk discusses future of the company, his politics, freedom of speech, and aliens



Elon Musk met with Twitter employees for the first time on Thursday during an all-hands meeting. Musk addressed the future of Twitter, layoffs, freedom of speech, and aliens. Ahead of his $44 billion acquisition of Twitter, Musk answered employee questions during the hour-long town hall meeting.

An employee asked Musk why he elected to buy Twitter, and he responded, "I love Twitter. I learn a lot from what I learn on Twitter." He added that Twitter is a "great way to get a message out."

"Some people use their hair to express themselves, I use Twitter," he said.

Musk revealed that he doesn't necessarily need to be the CEO of Twitter, but he is committed to taking an active role in improving the company and being involved in developing new products and features, according to the New York Times.

Musk was asked about potential layoffs at Twitter, and he hinted that there could be terminations.

"Right now, costs exceed revenue. That's not a great situation,” he said. "The company does need to get healthy."

He said he believed in meritocracy, and said, "Anyone who is a signification contributor has nothing to worry about."

On the topic of remote work, Musk noted that it is "much better if you are on location physically." However, he also said, "If someone can only work remotely and they’re exceptional, it wouldn’t make sense to fire them."

Musk acknowledged that working at a social media company is much more conducive to working at home versus at a car manufacturer or space exploration company.

Twitter's remote work policy is "one of the most flexible among U.S. tech companies," according to Fortune.

Earlier this month, Musk allegedly threatened Tesla employees who do not return to the office.

“If you don’t show up, we will assume you have resigned,” Musk reported told his employees in an email.

Musk outlined where Twitter should be in five to 10 years, "Contributing to a stronger, longer lasting civilization where we are better able to understand the nature of reality."

The tech billionaire praised the Chinese social media app WeChat. He noted that the app is a one-stop shop for messaging, shopping, and making mobile payments.

"You basically live on WeChat," Musk stated.

During the question-and-answer session, Musk declared that his goal is for Twitter to have 1 billion users. However, the Tesla CEO also said he wants to rid the platform of bots.

Last month, Musk said the deal was "on hold" and "cannot move forward" until the company revealed how many users are bots and not real people. Twitter provided Musk with a "firehose" of user data.

Twitter maintains that fake or spam accounts are fewer than 5% of its total 229 million daily active users. If Musk discovers that there are more than 5% of spam bots, he may attempt to renegotiate the $44 billion deal that he signed in April.

Musk told Twitter employees that the mission of SpaceX is "to make life multi-planetary and thus improve the problem lifespan of consciousness."

The SpaceX CEO said he has "seen no actual evidence for aliens."

Musk told Twitter employees that he has "moderate politics," and is "pretty close to center."

He said that if 10% of the far left and far right are upset, then Twitter is doing the right thing.

When it comes to freedom of speech, Musk proclaimed that "pretty outrageous things" should be allowed on Twitter, as long as they don't violate the law. Musk added that Twitter does not have to promote offensive tweets.

He pointed out that Twitter already provides tools for users to filter out content that they don't want to see.

CNBC reported, "Musk said the standard is much more than not offending people, it’s that they are entertained and informed."

Report: Elon Musk to temporarily take over as Twitter CEO after deal is finished



Elon Musk will temporarily take over as Twitter's CEO for a few months once his deal to buy the social media company for $44 billion is completed, according to CNBC.

Previous reports have indicated that Musk plans to replace current Twitter CEO Parag Agrawal, who has only managed the company for a few months, but it remains unclear whom Musk has in mind to replace him. Agrawal, the company's former chief technology officer, took over Twitter after Jack Dorsey stepped down as CEO in November. He has been criticized by conservatives and free speech advocates for comments he made in 2020 suggesting that Twitter should not be "bound by the First Amendment."

Musk is one of Twitter's most vocal critics. He has accused the company of failing to adhere to free speech principles, pledging that under his ownership the social media platform will make several improvements in terms of both user features and dedication to free speech as "the bedrock of a functioning democracy."

After the deal to take Twitter private was announced last month, Agrawal held a meeting with employees where he said the future of the company was uncertain, Reuters reported.

"Once the deal closes, we don't know which direction the platform will go," Agrawal reportedly said after someone asked if former U.S. President Donald Trump would be permitted to return to Twitter under Musk's leadership. Trump was permanently banned from Twitter for violating the platform's rules by asserting that the 2020 presidential election was stolen, which Twitter said incited violence at the Jan. 6, 2021, riot at the U.S. Capitol.

TechCrunch reported in April that if Agrawal is let go, he is set to receive a "significant compensation package" valued at $38.7 million.

Musk has floated several changes he intends to make once the deal to buy Twitter is completed. Reuters reported that when Musk approached banks to help fund his acquisition of Twitter, he reportedly said he would slash the salaries of executives and board members to make the company more profitable. He also tweeted that "Board salary will be $0 if my bid succeeds," which he said would save the company $3 million annually. It was unclear whether he was being serious, as Musk's tweets are often ironic or joking.

According to CNBC, in presentations to investors, Musk has said Twitter's earnings before interest, taxes, depreciation, and amoritization margin were too low and that the company has "too many engineers not doing enough." Musk also reportedly said he intends to make the company a "magnet for talent."

Elon Musk reportedly told banks he plans to slash pay of Twitter executives, charge for tweets, and has a new CEO lined up



Elon Musk has major changes planned for when he takes over Twitter, according to a new report. Musk reportedly unveiled the sweeping revisions in his pitch to banks, which included slashing the pay of Twitter executives, charging for tweets, and installing a new CEO at the social media platform.

Musk – who has a net worth of $246 billion – told the lenders that he has a plan to develop new methods to monetize the social media network, three anonymous sources familiar with the matter told Reuters.

One of the proposed ideas is to charge third-party websites for tweets that are quoted or embedded from verified individuals or organizations – especially "tweets that contain important information or go viral."

To make Twitter more profitable, Musk reportedly told banks that he intends to slash the salaries of executives and board members.

Earlier this month, Musk tweeted that Twitter's board directors would not be paid, adding, "So that’s ~$3M/year saved right there."

Board salary will be $0 if my bid succeeds, so that\u2019s ~$3M/year saved right there
— Elon Musk (@Elon Musk) 1650290963

Possibly on the chopping block is Twitter's top lawyer. Vijaya Gadde – Twitter's head of legal, policy, and trust – reportedly made $17 million in 2021.

According to the report, Musk told Twitter chairman Bret Taylor that he does not have confidence in the company’s management.

In SEC filings, Musk declared, "I don’t have confidence in management nor do I believe I can drive the necessary change in the public market, I would need to reconsider my position as a shareholder."

Musk purportedly plans to let go of Twitter's current CEO – Parag Agrawal. Musk allegedly already has a new Twitter chief executive lined up, but the report did not name the alleged candidate.

"The company’s current CEO Parag Agrawal would also be set for a significant compensation package if the deal closes," TechCrunch reported. "If Musk were to bring in new management, Agrawal would receive $38.7 million due to a clause in his contract, according to the company’s latest proxy filing. Agrawal’s total compensation for 2021 was $30.4 million, largely in stock awards."

Bloomberg reported on Thursday, "As he negotiated a $44 billion deal to acquire Twitter Inc. , Elon Musk told bankers that he would be focused on the social-media company's bottom line, and floated the idea of cutting both costs and jobs, according to people familiar with the matter."

The Washington Post reported that Musk is toying with the idea of paying influencers to create content for the platform – much like TikTok and YouTube.

In order to secure financing of $44 billion to acquire Twitter, Musk allegedly told banks that Twitter has a much lower gross margin than other successful social media platforms such as Facebook and Pinterest, so there is plenty of room to grow.

In tweets that were posted earlier this month and subsequently deleted, Musk proposed lowering the price of the Twitter Blue subscription service. The Tesla CEO also suggested banning advertising on the microblogging platform.

"Musk had to convince the banks that Twitter produced enough cash flow to service the debt he sought. In the end, he clinched $13 billion in loans secured against Twitter and a $12.5 billion margin loan tied to his Tesla stock," Reuters reported. "He agreed to pay for the remainder of the consideration with his own cash."

"The $13 billion Twitter loan is equivalent to seven times Twitter's 2022 projected earnings before interest, taxes, depreciation and amortization," the outlet added. "This was too risky for some banks who decided to participate only in the margin loan, the sources said."

Musk has repeatedly stressed that he wants to allow users to have as much free speech as their jurisdiction allows.

Bill Clark-Pool/Getty Images

Jack Dorsey Claims Twitter’s Censorship Policies Encourage ‘More Speech’

'"All of our policies are focused on encouraging more speech," the Twitter CEO told senators on Tuesday.