Sources: Peter Thiel, Jack Dorsey, and others who dislike Twitter’s direction pushed Elon Musk to launch a bid; Musk remains dismayed that Trump is still banned
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| Reuters: |
Sources: Elon Musk has a new Twitter CEO lined up and offered monetizing ideas, like charging websites for quoting or embedding tweets from verified accounts — Elon Musk instructed banks that agreed to assist fund his $44 billion acquisition of Twitter Inc (TWTR.N) that he might crack down on govt …
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Input, Android Authority, Protocol, PCMag, Engadget, The Week, USA Today, Android Headlines, Wall Street Journal, Los Angeles Times, Deadline, TechCrunch, Gizmodo, Neowin, TNW, The Economic Times, SlashGear, Silicon Republic, and Financial Times
Tweets: @somebadideas, @reckless, @joshtpm, @harrymccracken, @kiliandoyle, @kfury, @aiddya, @hunterwalk, @proforganizer, @tomgara, @onechrisedwards, @carriecnh12, @jon_greenberg, @matthew_d_green, @edbott, @wavesblog, @4evernevertrump, @paultassi, @stand_for_all, @bmkibler, @davoyager, @carney, @nycsouthpaw, @jennschiffer, @stribs, @venkatananth, @sebastianmurdoc, @icehockeystick, @dylanreeve, @eriqgardner, @thelincoln, @societyofhonor, @cbouzy, @omarjsakr, @peterkwells, @austinflack, @peeotus8, @econreporter, @jkarsh, @tomwarren, @jonhumbert, @ppavnr, @damienmulley, @ianbetteridge, @business_today, @thedextriarchy, @kirbeep, @gormoexjourno, @upulie, @tyleraking, @teddy_brosevelt, @benfischersbj, @craigcalcaterra, @andyboxall, @ellievhall, @readkrystalhu, @davidmackau, @evan_greer, @alexhern, @marypcbuk, @karissabe, @sime0nstylites, @blehayne, and @davidrlurie. Thanks:@readkrystalhu
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C. Scott Brown / Android Authority: Musk’s ideas for increasing Twitter profits could involve monetizing your tweets
Issie Lapowsky / Protocol: Teen protection online will require big redesigns
Brendan Morrow / The Week: Elon Musk reportedly eyes new ways to monetize tweets as he lines up next Twitter CEO
Brett Molina / USA Today: Elon Musk Twitter deal: Billionaire sells Tesla shares, reportedly weighs cutting executive pay
Rebecca Elliott / Wall Street Journal: Filings: Elon Musk sold roughly $4B worth of Tesla stock in two days after agreeing to buy Twitter, at prices between $870 and $1,000 per share
Michael Hiltzik / Los Angeles Times: Is Elon Musk already looking to bail out of his Twitter deal?
Dade Hayes / Deadline: Tesla Shares Move Higher After CEO Elon Musk Says He Has Wrapped $8.5B In Stock Sales To Fund Twitter Acquisition
Aisha Malik / TechCrunch: Elon Musk has reportedly lined up a new Twitter CEO, shared ideas for monetizing tweets
Jody Serrano / Gizmodo: Musk’s Brilliant Idea to ‘Unlock’ Twitter’s Potential: Charge for Embedded Tweets
Ivan Mehta / TNW: All of Elon Musk’s ideas for making money with Twitter
Nadeem Sarwar / SlashGear: How Elon Musk Plans To Make Money From Tweets
Tweets:
Aaron Stewart-Ahn / @somebadideas: Musk’s big plan to monetize twitter that got his absurd loan: charging a fee for quote / embedding tweets?? That’s easier to defeat than right click saving an NFT? From https://www.reuters.com/… https://twitter.com/…
Josh Marshall / @joshtpm: lol only the CEO/owner ever brings ideas as raw, silly and unstresstested as these to banks when trying to line up money. dear lord. https://www.reuters.com/…
Harry McCracken / @harrymccracken: Who becomes CEO of a Musk-owned Twitter is an underdiscussed and vital aspect of this whole story. https://www.reuters.com/…
@kfury: Musk joked about dropping the ‘w’ in ‘Twitter’ but it looks like his actual plan is to drop the ‘r’ from ‘Free speech’. https://twitter.com/…
@aiddya: Honestly, Elon Musk has been a great cure for any imposter syndrome I might have had. Every time I even doubt myself in the future, I’ll remind myself that this moron got banks to lend him billions https://twitter.com/…
@hunterwalk: twitter fan fic: Board told the new CEO is @biz who has really be orchestrating all of this since the beginning, angered to have been the only founder who didn’t get his shot at CEO Keyser Söze style reveal https://twitter.com/… https://twitter.com/…
Julie Bestry / @proforganizer: And why wouldn’t we just take screenshots and embed them instead? https://twitter.com/…
Tom Gara / @tomgara: *sweating, nervous, shifting in seat* yeah, it’s crazy, can you even imagine https://twitter.com/…
Chris Edwards / @onechrisedwards: I wish quote-tweeting was banned. Simply charging a fee would lead to the same result we’ve got now: people with massive clout, hammering nobodies. https://twitter.com/…
Carolyn Hinds / @carriecnh12: I already have sites like @BuzzFeedNews taking my tweets and making monetized content from them, for which I never get a red cent, and now that clown wants to do the same thing?! 
https://twitter.com/…
https://twitter.com/…Jon Greenberg / @jon_greenberg: Charging a fee for quote tweets would improve Twitter immensely. https://twitter.com/…
Matthew Inexperienced / @matthew_d_green: Five days of Elon Musk Twitter has been like a hundred years. https://twitter.com/…
Ed Bott / @edbott: “Musk’s pitch to the banks constituted his vision rather than firm commitments, the sources said, and the exact cost cuts he will pursue once he owns Twitter remain unclear. The plan he outlined to banks was thin on detail, the sources added.” LOL https://twitter.com/…
@wavesblog: Our tweets and also intellectual interactions with others are the product – paid speech. https://twitter.com/…
@4evernevertrump: I’m not a software engineer but… this doesn’t seem like something you could realistically make happen. https://twitter.com/…
Paul Tassi / @paultassi: this is, no exaggeration, one of the dumbest ideas I’ve ever heard as someone who embeds tweets in articles now, to get around this you’d just…screenshot the tweet, or quote the text with a link to the tweet https://twitter.com/…
Daniel Sohege / @stand_for_all: As someone whose tweets get used, often without asking, in a lot of articles how about this idea? We find out how much Musk is charging and you can contact me directly and I will re-write them for you more cheaply? https://twitter.com/…
Brian Kibler / @bmkibler: He just steals art and memes and doesn’t credit anyone anyway so this tracks. https://twitter.com/…
@davoyager: Would invite endless litigation. Who owns a tweet, Twitter or the author. Will Musk pay residuals if people pickup a tweet and it goes viral? Can of worms https://twitter.com/…
John Carney / @carney: This would actually be a good model, especially if the revenue were shared with the creators. https://twitter.com/…
@nycsouthpaw: The genius plan is you will write the tweet and then Elon Musk will charge Jeff Bezos $0.08 to embed it on the Washington Post’s website. https://twitter.com/…
Jenn / @jennschiffer: i love elon’s idea to charge people to embed tweets – not because the idea is good, but that it displays how he’s no more tech savvy and inventive than any other metrosexual uncle who finds out you “know computers” and has an idea for an app
@stribs: “charging a fee for quoting or embedding tweets” So basically taking a flamethrower to some of the features which made Twitter successful https://twitter.com/…
Venkat Ananth / @venkatananth: “Musk has also lined a up a new chief executive for Twitter, one of the sources added, declining to name the identity of that person.” https://www.reuters.com/… (if this deal goes through, and there’s some way to go yet, my bet is on well…jack dorsey 
)
)Sebastian Murdock / @sebastianmurdoc: elon is bringing back free speech!* *$2.99 per tweet https://twitter.com/…
Jashvina Shah / @icehockeystick: This is dumb and if anyone gets money from their tweets being embedded, IT SHOULD BE THE PEOPLE WHO WROTE THEM https://twitter.com/… https://twitter.com/…
Dylan Reeve / @dylanreeve: If making Twitter profitable were as simple as charging some people to do some stuff, then it would already be consistently profitable. https://twitter.com/…
Eriq Gardner / @eriqgardner: Maybe they should have ran Musk’s acquisition of Twitter past a copyright lawyer. I’m skeptical of this idea, though as I said on @MattBelloni podcast, there may be other revenue-generating schemes like using the platform to serve legal papers on someone. https://www.reuters.com/… https://twitter.com/…
Lincoln Michel / @thelincoln: Increasingly convinced the worry about Musk turning Twitter into 4chan is misplaced. He’s instead either going to back out of the deal or make the site unusable though desperate monetization attempts https://www.reuters.com/…
@societyofhonor: He’s getting no monetizing from me, for sure. I don’t pay for games or apps or click on ads and I’m surely not paying for Musk’s arrogance and greed. https://twitter.com/…
Christopher Bouzy / @cbouzy: To secure funding from banks, Elon Musk told bankers, he would grow Twitter’s revenue by charging third-party websites if they wanted to embed or quote verified users. I am starting to think Elon doesn’t know what he is doing. https://www.reuters.com/… https://twitter.com/…
Omar Sakr / @omarjsakr: Another swing and a miss from the “free speech” lover — literally erasing the free part lmao https://twitter.com/…
Peter Wells / @peterkwells: I have a mental image of copyright lawyers, businesses that sell automated enforcement tools, and ppl who argue that individuals own property rights in the data they create online all rubbing their hands in glee https://twitter.com/…
@peeotus8: LOL! .@elonmusk to his banker: “I can totally service the debt if I charge a nickel for every time users type in the wrong password.” https://twitter.com/…
@econreporter: 
“ new ways to make money out of tweets that contain important information or go viral, the sources said. Ideas he brought up included charging a fee when a third-party website wants to quote or embed a tweet from verified individuals or organizations.” https://twitter.com/…
“ new ways to make money out of tweets that contain important information or go viral, the sources said. Ideas he brought up included charging a fee when a third-party website wants to quote or embed a tweet from verified individuals or organizations.” https://twitter.com/…Jason Karsh / @jkarsh: Yeah, right now I’m about 50% “He never buys this place” and 50% “This place is a smoldering husk by the end of the year.” https://twitter.com/…
Tom Warren / @tomwarren: every website will just screenshot tweets instead of embedding them 
https://twitter.com/…
https://twitter.com/…@jonhumbert: Free speech, but you pay for it. Bang up job, board of directors. https://twitter.com/…
@ppavnr: Really held out hope that he could make the platform better but his plans are in a straight downward direction. https://twitter.com/…
@damienmulley: OMG this is hilarious. Fuck that just cost me twelvety muskratcoins https://twitter.com/…
Ian Betteridge / @ianbetteridge: The fact that banks listened to this tosh and thought “hmm, yes, this guy sounds like he’s got a great business idea” tells you everything about how smart banks are. They do more due diligence loaning a pizza shop £5k for a new oven than lending a rich man billions for a new toy. https://twitter.com/…
@business_today: .@elonmusk told banks that he could crack down on executive & board pay at Twitter in a push to slash costs, and would develop new ways to monetize tweets: Sources https://www.businesstoday.in/ …
Adi Robertson / @thedextriarchy: the free speech absolutist urge to make people pay to engage with popular and important conversations https://twitter.com/…
@kirbeep: Actually I take it all back — it’s going to be hilarious watching Elon ruin Twitter and lose billions in the process https://twitter.com/…
Ryan Gorman / @gormoexjourno: This is a terrible idea and immediately takes free speech from the masses in favor of giving it only to those who can afford to speak freely. Such actions would destroy Twitter. https://twitter.com/…
Tyler King / @tyleraking: Attempts to prevent screenshots, right-clicks, and copy/paste across the web burned bright and brief in the mid-’00s and I sincerely invite him to try. https://twitter.com/…
James / @teddy_brosevelt: these are the dumbest possible ways to increase revenue (they will kill platform engagement), seems more and more probable that he’s just doing this because of his tantrum/the kill fee https://twitter.com/…
Ben Fischer / @benfischersbj: Hmm… I don’t mind the brainstorming, but I really, truly, seriously doubt very many people need the bird that badly. https://twitter.com/…
Craig Calcaterra / @craigcalcaterra: On the one hand this is stupid. On the other hand it will put an end to the practice of media companies publishing articles that are nothing but people’s tweets and headlines like “Twitter reacts to [whatever event]” https://www.reuters.com/… https://twitter.com/…
Andy Boxall / @andyboxall: Wouldn’t charging third parties to embed/quote popular tweets just make Twitter a less attractive place to share or find news? It’s free to link to a press release, a company blog, or an Instagram post. 
https://twitter.com/…
https://twitter.com/…Ellie Corridor / @ellievhall: Is it just me or is Twitter wilding out this week? It’s like the Elon Musk thing flipped a switch and now everyone’s going HAM on main.
Krystal Hu / @readkrystalhu: To secure the loan to buy Twitter, @elonmusk gave a simple pitch to banks: cut costs & grow revenue One interesting idea from his pitch: monetizing tweets by charging a third-party platform for embedding or quoting a tweet, sources told me tip @Techmeme https://www.reuters.com/…
David Mack / @davidmackau: i need to start saving NOW in order to dunk on people https://twitter.com/…
Evan Greer / @evan_greer: Lol dude went from “free speech absolutist” to “charging a fee to embed tweets” real fast https://t.co/XLzcQTJQcW https://t.co/GCBSIRBIuV
@alexhern: It is extremely funny that musk’s first big idea is so transparently based on his own incredibly weird experience of twitter. “Whenever I tweet, people write news articles about it. Therefore, there’s value on charging newspapers to write about tweets” https://twitter.com/…
Mary Branscombe / @marypcbuk: So free speech is paid for? https://twitter.com/…
Karissa Bell / @karissabe: I guess if you’ve watched literally thousands of articles get written about your insane tweets you might start thinking they are actually valuable https://twitter.com/…
@blehayne: This is your genius? Lets all stop pretending all rich people are smart. Musk is dumb as a sack of rocks. https://twitter.com/…
@davidrlurie: Leaving all the policy debates aside, the question is whether Musk — after borrowing huge sums to buy Twitter — take on the financial risk to turning Twitter into a hellscape of trolls and abusers that drives away users and advertisers, in order to prove he’s not “woke.” https://twitter.com/…
Thanks:@readkrystalhu
| Wall Street Journal: |
Sources: Peter Thiel, Jack Dorsey, and others who dislike Twitter’s direction pushed Elon Musk to launch a bid; Musk remains dismayed that Trump is still banned — Behind the scenes, fellow billionaires and web provocateurs bent Tesla CEO’s ear; Jack Dorsey’s function — Elon Musk unveils the Tesla Mannequin Y in 2019.
Tweets: @jack, @margarita, @caseynewton, @anthony, @anthony, @sarahfrier, @sweeneytylor, @igb, @davidrlurie, @brendelbored, @largecatboy, @pjux, @scout_finch, @mattyglesias, @karina_reyy, @tcarmody, @brianroemmele, @shonaghosh, @dcherring, @pkafka, @gaberivera, @tomaxwell, @jeanburgess, @damienmulley, @adamblickstein, @realrobcopeland, and @martinsfp
Tweets:
@jack: I have tried taking a break from Twitter recently, but I must say: the company has always tried to do its best given the information it had. Every decision we made was ultimately my responsibility*. In the cases we were wrong or went too far, we admitted it and worked to correct.
Margarita Noriega / @margarita: After the club go to Truffoni’s for sloppy steaks. They’d say; ‘no sloppy steaks’ but they can’t stop you from ordering a steak and a glass of water, before you knew it we were dumping that water on those steaks! https://www.wsj.com/…
Casey Newton / @caseynewton: It really is a shame Jack Dorsey never had any influence over Twitter’s direction https://twitter.com/…
Anthony DeRosa / @anthony: Friends of Elon Musk who disliked Twitter’s direction—including Peter Thiel—secretly pushed him to launch a bid for the platform. Twitter executives say they became aware of his budding friendship with then-CEO Mr. Dorsey https://www.wsj.com/…
Anthony DeRosa / @anthony: Charles C. Johnson, banned in 2015, texted Jared Birchall, the head of Elon Musk’s family office asking when he might get his Twitter account back. “Hopefully soon,” Mr. Birchall responded https://www.wsj.com/…
Sarah Frier / @sarahfrier: Translation: Don’t attack @vijaya (a couple days after this started) https://www.bloomberg.com/… https://twitter.com/…
@sweeneytylor: Musk is dismayed Trump is still banned. Which means that Trump is coming back and Twitter’s crackdown in misinformation will likely stop. This platform will become an even bigger cesspool of mis/disinfo than it already is. https://twitter.com/…
@davidrlurie: Musk’s people are also reportedly eager to reopen the account of a guy who used Twitter to raise money to fund the murders of BLM activists. https://twitter.com/…
@brendelbored: lol literally a group of unaccountable elites plotting together https://twitter.com/…
@largecatboy: If Peter Thiel agrees with what you’re doing, what you’re doing is almost certainly completely evil. https://twitter.com/…
@pjux: “Oh no. Our ideas are outdated. We are old and out of touch. Do something elonnnnnnn. MORTALITYYYYYY THE HORROORRRRRR” https://twitter.com/…
Jennifer Hayden / @scout_finch: Far more sinister than I thought https://twitter.com/…
Matthew Yglesias / @mattyglesias: Wait did Jack Dorsey incept Elon Musk into paying a huge premium for his Twitter shares in order to reverse content moderation policies he created? https://twitter.com/…
@karina_reyy: i mean jack dorsey literally came out and endorsed musk so we are supposed to be shocked by this? https://twitter.com/…
Tim Carmody / @tcarmody: “Mr. Dorsey asked Mr. Musk to choose a single tweet to represent himself. “’I put the art in fart,’ replied Mr. Musk, then 48 years old.” https://www.wsj.com/…
Brian Roemmele / @brianroemmele: The reunion of payment guys, as I predicted has started. Short term tribal parroting has obscured the longer term for many. Jack- Square Peter- PayPal Elon- X + PayPal In 5 years it will be clear why I said in 2012, Twitter would ultimately become a payment company. https://twitter.com/…
Shona Ghosh / @shonaghosh: Ok, well it’s hard to see this as anything other than a big wet pile of rotting fish https://twitter.com/…
Dennis Herring / @dcherring: ok, confirmed: @jack’s exit was the launch. https://twitter.com/…
Peter Kafka / @pkafka: “One former Twitter executive said Mr. Dorsey would sometimes appear to space out in meetings because he was messaging Mr. Musk during the workday.” https://twitter.com/…
Thomas Maxwell / @tomaxwell: So, Peter Thiel really has been involved in the Twitter takeover because of course https://twitter.com/…
Prof Jean Burgess / @jeanburgess: Pushed to launch the takeover bid by the PayPal mafia (+ @jack cheering from the sidelines), egged on by overexcited fanbros and trolls, knows remarkably little about Twitter or the challenges of running it well, but possibly doesn’t much care…and this may all yet fall apart. https://twitter.com/…
Adam Blickstein / @adamblickstein: Basically the fears of a right wing takeover of Twitter have been confirmed. More reason to flee this website once or if Elon takes over https://twitter.com/…
Rob Copeland / @realrobcopeland: Many have asked: Why out of all things has @elonmusk decided Twitter is something that he alone can fix? The answer, we discovered, is a secret crew of billionaires and misfits egging him on behind the scenes (1/x) https://www.wsj.com/…
Martin Sfp Bryant / @martinsfp: And this is just grim, if you’re familiar with Johnson: https://twitter.com/…
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