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☆ Twitter's trust and safety team held a one-day sickout to protest against Elon Musk's policies, report says
▼ + stars: | 2022-11-23 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Twitter's trust and safety team staged a sickout on November 10, the Washington Post reported. This was in protest to Musk initially ignoring their warnings about the risks of Twitter Blue. Just weeks earlier, on the day he completed the purchase of the company, Musk fired Roth's predecessor Vijaya Gadde, who headed Twitter's trust and safety team for 11 years. The rollout of Twitter Blue has been paused in recent weeks, with users currently unable to sign up for the premium service. Musk appointed executive Ella Irwin as the new head of trust and safety last week.

The complaint was met with skepticism by election authorities and other political figures who have recognized Lula's victory. The head of Brazil's Senate, Rodrigo Pacheco, said the election result was "unquestionable," while the center-right Brazilian Social Democratic Party (PSDB) called Bolsonaro's challenge "senseless." When the PSDB challenged the result of the 2014 presidential election, the investigation took one year and no irregularities were found. Vice President Hamilton Mourao, on a trip to Portugal, acknowledged on Wednesday that Bolsonaro's challenge was unlikely to succeed but said Brazil's electoral process needed more "transparency." Analyst Andre Cesar at Hold Legislativa consultancy said, however, that the challenge would provide ammunition for an ongoing protest movement of Bolsonaro's hardcore supporters.

☆ Elon Musk wanted to reinstate a right-wing satire account on day one as Twitter chief
▼ + stars: | 2022-11-22 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +2 min

Elon Musk expressed interest in reinstating the Babylon Bee's twitter account hours after he took over. According to The Washington Post, Musk thought the right-wing satire site shouldn't have been banned. The Babylon Bee had called Biden health official Rachel Levine, who is a transgender woman, "Man of the Year." The site's account was reinstated on Sunday, three weeks after his takeover of Twitter. Weeks before Musk's purchase, ex-wife Talulah Riley texted Musk criticizing the platform's decision to ban The Babylon Bee and calling for him to reverse the decision and make the platform "radically free speech."

☆ What Cramer is watching Tuesday — Nasdaq tough year, seasonal oil strength, P&G looking good
▼ + stars: | 2022-11-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Citi lowers DVN price target by $2 pe share to $78; keeps buy rating. Piper Sandler cuts Club holding Amazon (AMZN) price target to $119 per share from $125. Honeywell (HON), also a Club stock, is an underappreciated tech franchise, JPMorgan says. Zoom Video (ZM) catches multiple price target cuts on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ A self-driving car developer who tweeted support for the 'extremely hardcore' culture at Twitter got a 12-week internship after saying he wants to improve its search quality
▼ + stars: | 2022-11-22 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

A self-driving car developer and hacker tweeted that he's doing a 12 week internship at Twitter. Hotz replied with, "Cool, my phone number hasn't changed," and added that he's "not the guy" if Musk wants "long term stability." Before offering to do the internship, Hotz asked how people on Twitter feel about "the quality of Twitter search," and what it would take for people to ditch Google for searching on Twitter. Hotz replied that it was "true" and that he "Will look into if there's some easy way to improve this." Musk and Hotz also have a history, as outlined in a 2015 Bloomberg feature about Hotz developing self-driving car technology.

☆ Elon Musk's 'hardcore' work ultimatum was a deliberate plan to push Twitter employees out after he was warned against cutting more than 50% of staff
▼ + stars: | 2022-11-22 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Elon Musk laid off half of Twitter's staff. But he agreed to laying off just 50% to start with after he was advised again making bigger cuts, Platformer reported, citing sources familiar with the matter. Instead, he sent staff a now-infamous email telling them to commit to "hardcore" work as a deliberate ploy to push more employees to leave, Platformer reported. Immediately after taking control of Twitter, Musk fired some key execs including CEO Parag Agrawal and CFO Ned Segal. Some staff who committed to Musk's "hardcore" Twitter, meanwhile, were laid off by the company, Platformer and Bloomberg reported.

☆ Ex-Tesla and SpaceX managers say Elon Musk's commitment to his companies is often inspirational but can also turn toxic
▼ + stars: | 2022-11-22 | by ( Kate Duffy | ) www.businessinsider.com time to read: +2 min

Ex-SpaceX and Tesla workers said his commitment was often inspirational. The comments came after Musk gave Twitter employees an ultimatum last week: work "extremely hardcore" or resign. Musk's strict work ethic and aggressive goals have also been evident at some of his other companies. Last year, Musk told SpaceX employees a lack of progress on Starship engines created a "risk of bankruptcy," per a memo obtained by CNBC. He also urged Tesla workers in an email seen by Reuters to "go super hardcore" to finish the quarter strong.

☆ Elon Musk says he wants 'Twitter 2.0' to have video chat, voice calls, and encrypted DMs — and has enlisted the help of Signal's founder
▼ + stars: | 2022-11-22 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Musk said in the meeting he wants to encrypt DMs for security and add voice and video chat functions. The creator of messaging app Signal, a former Twitter employee, could help with the plans, Musk said. Under the plans, DMs would be encrypted, meaning the text could only be read by participants, as is the case on platforms like WhatsApp, Telegram, and Signal. Musk added that he had spoken with the creator of Signal, Moxie Marlinspike, an ex-Twitter employee, who is "potentially willing to help out" with encrypting Twitter DMs. In August, an ex-employee was found guilty of spying after passing Twitter users' information to Saudi Arabia, having been paid over $300,000 to do so.

☆ Some Twitter staff who committed to Elon Musk's 'hardcore' Twitter 2.0 last week have since been laid off, report says
▼ + stars: | 2022-11-22 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Several Twitter sales staff who committed to Elon Musk's "Twitter 2.0" vision have since been laid off. Bloomberg said Musk is trying to balance layoffs across Twitter's technical and sales teams. Some employees on Twitter's sales team were given notice they were being laid off despite having committed last week to Musk's ultimatum to work harder and longer under his leadership, Bloomberg reported. Account managers and client partners on the sales team were part of the layoffs, which took place Sunday evening, Platformer reported. Riedy has replaced Robin Wheeler who had initially been persuaded by Musk to stay at Twitter after handing in a resignation letter on November 10.

☆ A fired Twitter engineer said he would have come up with 'way cleverer and more devastating jokes' about Elon Musk if he'd known he was getting canned
▼ + stars: | 2022-11-21 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

A Twitter engineer said he believes he was fired for violating for criticizing Elon Musk on Slack. He said he would have come up with "way cleverer and more devastating jokes" if he'd known he'd be fired. then I would have come up with way cleverer and more devastating jokes," Fletcher tweeted. "I had meant to spend my whole career at Twitter," Fletcher added. In addition to the mass layoffs and targeted firings, dozens of Twitter workers have also been opting to leave the company.

☆ Twitter loses another top exec who says workers 'had it good at Twitter 1.0,' in an apparent jab at Elon Musk's plans for the company
▼ + stars: | 2022-11-21 | by ( Kate Duffy | ) www.businessinsider.com time to read: +2 min

Twitter's head of US content partnerships announced she had left Elon Musk's platform. Sarah Rosen tweeted about her departure, writing "we had it good at Twitter 1.0." Per reports, Twitter also recently lost its head of ad sales, as well as its VP of partnerships. Her departure follows those of other executives who have left Twitter within the past few days. Maggie McLean Suniewick, vice president of partnerships, tweeted on Sunday about her departure from Twitter after having joined four months ago.

☆ Elon Musk has been preaching the value of 'hardcore' work to employees for over a decade, early Tesla emails show
▼ + stars: | 2022-11-21 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Elon Musk is mirroring his Tesla management style at Twitter. The CEO has told Tesla employees to "go super hardcore" and "ultra hardcore" in the past. Last week, the billionaire gave Twitter employees an ultimatum: commit to working "extremely hardcore" or resign. While the note spurred a mass exodus of Twitter staffers, it was a move that is all too familiar to Tesla employees. Musk's more utilitarian leadership style style represents a sharp departure from that of Jack Dorsey and Parag Agrawal.

☆ The only thing Elon Musk understands about Twitter is how to kill it
▼ + stars: | 2022-11-21 | by ( Adam Rogers | ) www.businessinsider.com time to read: +15 min

Biologists, anthropologists, and information theorists do think that social networks, like Musk's bird app, show at least some signs of being flocks. "Elon's tweet is basically espousing the invisible hand of social behavior," Bak-Coleman says. In this construction, a social network might have become a collective superintelligence, had capitalists left it to its — our? Under Musk, Twitter has entered the dance-off phase. I'll be sad if the Twitter superintelligence starts singing a Kubrickian cover of "Daisy" and implodes into a pile of melting isolinear chips.

☆ The story of Sam Bankman-Fried's FTX implosion put crypto news sites like CoinDesk and The Block on the map. Inside their plan to fend off an ad slump and conspiracy theories — and keep winning.
▼ + stars: | 2022-11-21 | by ( Reed Alexander | Steven Perlberg | ) www.businessinsider.com time to read: +14 min

Now, crypto media staffers are wondering whether more dominoes falling from FTX could further hurt the industry or cripple their ad revenues. Crypto media kicks into overdriveRoberts said Decrypt's traffic doubled during the first week of the FTX saga. "In general, I think these things are good for crypto media," he said. Stacy-Marie Ishmael, the managing editor for Bloomberg's crypto team, likened burgeoning crypto coverage to 1990s coverage of the Internet. "It's now a situation where the crypto media has egg on their face.

☆ Disney’s tale of two Bobs
▼ + stars: | 2022-11-21 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

This was a big surprise Sunday night, for a few reasons:1) Iger has previously dismissed the idea of going back to Disney. Then, he kept going: Iger’s Disney acquired Lucasfilm, home of the Star Wars franchise, for a little over $4 billion. Disney shares surged 9% Monday morning, reflecting investors’ hopes that Iger will swoop in and work his magic. The Trump news was no surprise — even before buying Twitter, Musk made clear he would reinstate Trump and rethink the site’s content-moderation policies. And if Musk’s strategy is to stoke controversy, he’s already brought out the big guns in letting Trump back on.

☆ Elon Musk is 'outside his depth' at Twitter and his 'bullying management culture' won't fix it, early SpaceX investor says
▼ + stars: | 2022-11-21 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Early SpaceX investor Chris Kelly said Elon Musk's "bullying management culture" won't work at Twitter. Kelly said on Saturday that Musk is "outside his depth" at Twitter and his actions don't "bode well." Since buying Twitter, Musk has laid of half of its workforce and issued an ultimatum to remaining staff. Kelly said he's "mostly an Elon fan," but added he was "surprised" by Musk's recent actions at Twitter. "The massive cutbacks and chainsaw that Elon Musk has taken to the company does not bode well for its future."

☆ A former Twitter manager mocked Elon Musk's leadership in a song about 'working 9 to 9'
▼ + stars: | 2022-11-21 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

A former Twitter manager mocked new owner Elon Musk's "Twitter 2.0" in a song. The lyrics reference long working hours, mass layoffs and resignations, and Musk's "sink in" stunt. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyA former Twitter manager mocked new owner Elon Musk in a song about "working nine to nine." The song pokes fun at many aspects of Musk's vision for "Twitter 2.0." "I slept on the floor, no time for a shower, gone hardcore with my 80 hours," Crider's song starts.

☆ Elon Musk tells remaining Twitter employees no more layoffs 'planned' and HQ will not move to Texas
▼ + stars: | 2022-11-21 | by ( Kali Hays | ) www.businessinsider.com time to read: +4 min

Elon Musk held another meeting with Twitter employees. Musk gave remaining Twitter employees tidbits of good news during an all-hands meeting on Monday at Twitter's San Francisco headquarters, according to two people present. One employee who made it through Musk's layoffs and a spate of firings of perceived critics said Musk's comments were met with "some relief." Musk also said during the meeting he "does not intend" to move Twitter's headquarters to Texas from San Francisco. Twitter employees were also told that part of their future compensation plans under Musk will include stock grants and be offered and paid out as they are with employees at SpaceX.

☆ Some older workers have fond memories of sleeping at the office, but the Elon Musk-style 84-hour workweek is falling flat with younger Americans
▼ + stars: | 2022-11-20 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Some Twitter employees are working 80-hour weeks and sleeping at the office. Some older workers have fond memories of sleeping at work, but younger Americans aren't on board. Americans are divided on what to make of this, and a workplace-culture expert believes the schism reveals a generational divide. But younger workers are unlikely to buy in, said the best-selling author and workplace well-being expert Jennifer Moss. While older generations worked through the dot-com craze and the rise of Silicon Valley hustle culture, younger workers are changing attitudes around how far you need to go for your job.

☆ Here's why the Fed may have won already but is still acting like nothing has improved
▼ + stars: | 2022-11-20 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

We can bet that they will be one-upping each other about how high they want to take fed funds, the overnight bank lending rate. They seem to want to ignore anything that's succeeded since the Fed's rate increase cycle began back in March. I think that, again, if the Fed were to wait through Christmas they would see the layoffs and the corporate failures. One thing that's for certain, the buyers of the 2-year may be more sensitive to the data than the Fed. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Users are uploading entire movies to Twitter – and many aren't being blocked
▼ + stars: | 2022-11-20 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Twitter users are uploading entire movies to the platform and most are yet to be taken down. Movies including "Hackers" and "The Fast and the Furious: Tokyo Drift" have been posted on the site. However, Insider found posts on Sunday allowing users to view a full-length film that have not been blocked. Another Twitter user posted "Need for Speed" in 66 tweets through an account with the username "Need for speed movie", which was also still viewable on Sunday. Earlier this month, Elon Musk laid off close to 3,500 Twitter employees after he took control of the company.

☆ Elon Musk is considering even more layoffs, this time in Twitter's sales and partnerships teams, report says
▼ + stars: | 2022-11-20 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +2 min

Elon Musk is considering further layoffs at Twitter as early as Monday, Bloomberg reported. The cuts would target Twitter's sales and partnerships teams, per the report. The additional cuts would target employees in the company's sales and partnerships teams that were less affected by recent resignations than technical roles. Musk asked leaders in Twitter's sales and partnerships teams to agree to fire more of their employees on Friday, Bloomberg reported. Robin Wheeler, who ran the marketing and sales team, and Maggie Suniewick, head of Twitter's partnerships team, were both fired for resisting the cuts, per the report.

On the contrary, he’s fired Twitter employees who publicly disagreed with him about engineering issues at the company. Musk originally claimed he bought Twitter because he wanted to encourage more free speech on the platform. But no one should be surprised that “free speech” for Musk really means free speech for the powerful. But that doesn’t make him an avatar of free speech. But like other bosses, he’s got a genius for manufacturing unfreedom.

☆ Twitter’s Mass Resignations Test Elon Musk’s Management Playbook
▼ + stars: | 2022-11-19 | by ( Alexa Corse | Tim Higgins | ) www.wsj.com time to read: 1 min

The first day of Twitter 2.0 got off to a chaotic start, after an avalanche of employees rejected Elon Musk‘s ultimatum that they commit to being “hardcore” and he raced to remake the social network to his liking. Less than 24 hours after mass resignations rolled in, Mr. Musk called his remaining employees back to work on Friday morning, saying in a series of emails to staff that “anyone who actually writes software” should report to the company’s headquarters at 2 p.m. local time, adding that only those who can’t physically get there or have a family emergency are excused.

☆ What derails Elon Musk's Twitter experiment might not be legislators or users, but exhausted employees rebelling against hustle culture
▼ + stars: | 2022-11-19 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

Elon Musk recently told employees that "bankruptcy isn't out of the question." A workplace culture expert says "exhausted" employees responding to Musk's management style may ultimately derail the company. The email has reportedly spurred a "mass exodus" of Twitter employees, a former Twitter executive told CNN, with many deciding to leave the company once and for all. Musk recently told employees the "economic picture ahead is dire" and that "bankruptcy isn't out of the question." Still, even though many disgruntled Twitter employees have quit, Moss says some are likely to stick around.

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