BREAKING: Elon Musk dissolves Twitter’s 9-member board, appoints himself ‘sole director’
Elon Musk has dissolved Twitter’s board of directors and appointed himself the company’s “sole director,” according to a Monday securities filing. The board included nine directors.
Immediately after completing his $44 billion acquisition of Twitter on Thursday, Musk fired several senior executives, including CEO Parag Agrawal.
Elon Musk has finally acquired Twitter and taking a sharp and swift axe to the company. Musk announced plans to reverse the lifetime bans for Twitter users who had previously been kicked off the platform under Twitter’s previous violations of the First Amendment.
Musk took over Twitter late Thursday, and immediately fired CEO Parag Agrawal, CFO Ned Segal, senior legal representative Vijaya Gadde, and general counsel Sean Edgett, the Washington Post reported.
Earlier this week Twitter employees banned together to protest Musk’s plans to fire or replace nearly 75% of the staff; but to no avail. Musk fired major executives and intends to replace CEO Parag Agrawal temporarily with himself until he finds a permanent replacement, a source told Bloomberg.
Twitter workers created an open letter, obtained by Time, demanding that Musk not get rid of anyone and not discriminate against them on the basis of political views.
Oh the irony, the staff asked to be treated completely opposite of how they ran the company:
“We demand to be treated with dignity, and to not be treated as mere pawns in a game played by billionaires,” it read. “A threat of this magnitude is reckless, undermines our users’ and customers’ trust in our platform, and is a transparent act of worker intimidation.”
Despite the worry from Twitter employees, Musk has maintained faithful to his reason and purpose behind purchasing the giant company. Musk tweeted his motivations on Thursday, just before he fully acquired Twitter:
“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence,” Musk wrote.
Dear Twitter Advertisers pic.twitter.com/GMwHmInPAS
— Elon Musk (@elonmusk) October 27, 2022
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Fake, AI-generated photo of Pentagon explosion causes brief drop in US stocks
A fake photo of a terrifying explosion at the Pentagon circulated the internet Monday, but not before causing panic in the stock market. “A purportedly AI-generated photo of a fake explosion at the Pentagon spread rapidly on social media on Monday – prompting mass confusion among users and a brief selloff in the US stock market” reports the New York Post.
As the photo was shared on social media platforms, US stocks took a dip; fortunately recovery occurred “quickly”. The Post reported that the photo showing billowing smoke “was shared by Russian state media outlet and other accounts alongside claims that an explosion has occurred at the complex. RT later deleted the image.”
This morning, an AI generated image of an explosion at the US Pentagon surfaced.
With multiple news sources reporting it as real, the S&P 500 fell 30 points in minutes.
This resulted in a $500 billion market cap swing on a fake image.
It then rebounded once the image was… pic.twitter.com/DpHgflkMXP
— The Kobeissi Letter (@KobeissiLetter) May 22, 2023
The scare is the latest example of the global damages and repercussions that can occur due to artificial intelligence. The Post gives additional examples: “Previously, social media users were tricked by viral AI-generated images of Pope Francis wearing a Balenciaga puffer jacket and of former President Donald Trump clashing with the NYPD while being arrested.”
@PFPAOfficial and the ACFD are aware of a social media report circulating online about an explosion near the Pentagon. There is NO explosion or incident taking place at or near the Pentagon reservation, and there is no immediate danger or hazards to the public. pic.twitter.com/uznY0s7deL
— Arlington Fire & EMS (@ArlingtonVaFD) May 22, 2023
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Keith J Messinger
October 28, 2022 at 6:13 pm
I am waiting for my Twitter account to be restored. I may have to write Elon.
October 29, 2022 at 9:11 am
“We demand!” a bunch of Twitter idiots.
I hope he fires everyone
October 29, 2022 at 9:12 am
I wish Elon would buy aol and clean house because they reject any conservative post I try to share.