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Copyright of Volkswirtschaft is the property of State Secretariat for Economic Affairs (SECO) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The article presents a discussion of the problems faced by social media company Twitter after its acquisition by billionaire businessman Elon Musk, adapted from the book "Battle for the Bird: Jack Dorsey, Elon Musk and the $44 Billion Fight for Twitter's Soul" by J. Kurt Wagner. Topics include misalignment of the absolute free speech principles of Musk and Twitter's advertising business and the conflict between Musk and Parag Agrawal who was endorsed to be the next chief executive officer.

The article discusses how the shareholders of electric automobile company Tesla would be impacted if chief executive officer (CEO) Elon Musk were to purchase the social media company Twitter.

This article discusses the decline of Twitter as a social network and explores alternative platforms for users to consider. The author notes that Twitter's acquisition by Elon Musk has led to the fragmentation of its user base, with some well-known individuals migrating to other platforms such as BlueSky, Mastodon, and Threads. The author provides personal experiences and opinions on these alternative platforms, highlighting their strengths and weaknesses. Additionally, the article addresses privacy concerns related to connected cars, citing a study by Mozilla that found car manufacturers to be lacking in privacy and security practices. The author offers limited suggestions for mitigating these risks and emphasizes the importance of updating car software and taking precautions against keyless entry theft. [Extracted from the article]

The article presents an interview with Laurent Buanec, Chief Executive Officer for France and Germany at the platform X (formerly Twitter) after its acquisition by Elon Musk. Topics include the platform's transformation, changes in company culture, and the challenges faced amid criticism, emphasizing its openness and efforts to balance freedom of expression with brand safety for advertisers.

Twitter, when you simmer it down to its base premise, like some kind of unholy stock, is essentially a super-fast way to spread little sentences all around the world. If you like writing and using writing to say things, chances are you'll thrive on Twitter, which remains stubbornly word-based, a storm of textual sound and fury that is as ferocious as it is brief and transitory. [ABSTRACT FROM AUTHOR]

The article discusses Elon Musk's purchase of Twitter. It highlights how Musk has revealed the previous regime's censorship practices and reinstated banned accounts, including those of notable conservatives and exposure of Twitter's manipulation by government agencies, along with its impact on Democracy.

The article discusses the internal documents leaked from Twitter that shed light on the company's content moderation practices. It argues that the files reveal a pattern of censorship of conservative voices and the privileging of left-leaning viewpoints and also examines Twitter's close relationship with the Chinese government and its willingness to censor content to appease the Chinese Communist Party.

Copyright of POP is the property of Transcript Verlag and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Trust and safety teams at tech companies play a crucial role in combating propaganda and online harassment. These teams handle issues such as misinformation, data breaches, and user harassment. The importance of trust and safety became evident when Elon Musk downsized Twitter's team, resulting in spam, harassment, and a loss of trust from users and advertisers. Trust and safety teams have a range of skills and responsibilities, including protecting organizations from bad actors and maintaining brand integrity. They were particularly important during recent US election cycles, working to combat misinformation and ensure accurate information about voting. However, the work of trust and safety teams often goes unnoticed because their success is not immediately apparent. This lack of recognition is partly due to cognitive biases that lead people to believe that victims of harassment or hacking are at fault, rather than recognizing design flaws or systemic problems. It is important to appreciate the work of trust and safety teams, as their absence can lead to negative consequences. [Extracted from the article]

The article reports on how businessman Elon Musk is managing the social media firm Twitter Inc. following his acquisition of the company. Also cited are the termination of employees and executives ordered by Musk, his plan to restore the accounts of former U.S. President Donald Trump and other right-wing personalities who allegedly spread misinformation and foment violence, and the appointments of Musk loyalists like Alex Spiro, David Sacks, and Sriram Krishnan.

The article discusses recent stories about workplace benefits policies, particularly focusing on the impact of cutting family-building benefits like fertility treatments, adoption sponsorship, and egg freezing. It emphasizes the importance of these benefits in retaining talent, promoting diversity, equity, and inclusion, and enhancing employees' well-being and productivity. The article urges organizations to evolve their benefits packages to meet the needs of the modern workforce.

The article offers news briefs on various topics. It mentions Elon Musk's decision to close X (formerly Twitter) operations in Brazil following a judge's order to block accounts of ultra-conservative figures spreading misinformation about the electronic voting system, with the judge, Alexandre de Moraes, being criticized by Musk. It discusses the third installment of the summer series "Successions" by Raphaëlle Bacqué and Vanessa Schneider.

Former President Donald Trump posted on X, formerly known as Twitter, for just the second time since he was banned from the platform in the wake of the Jan. 6 riot. [ABSTRACT FROM AUTHOR]

The Global Alliance for Responsible Media (GARM), a coalition of advertisers, has dissolved following a lawsuit filed by Elon Musk's X. GARM, established in 2019, provided guidelines for brand safety controls to prevent harmful content from appearing next to advertisements on social media platforms. Musk's lawsuit claims that GARM was responsible for an "illegal" advertising boycott in 2022. Musk has a history of filing lawsuits against organizations he perceives as threatening to X's advertising business. The closure of GARM is expected to have a significant impact on the industry. [Extracted from the article]

The Global Alliance for Responsible Media (GARM), a coalition of advertisers, has dissolved following a lawsuit filed by Elon Musk's X. GARM, established in 2019, provided guidelines for brand safety controls to prevent harmful content from appearing next to advertisements on social media platforms. Musk's lawsuit claims that GARM was responsible for an "illegal" advertising boycott in 2022. Musk has a history of filing lawsuits against organizations that he perceives as threatening to X's advertising business. The closure of GARM is expected to have a significant impact on the industry. [Extracted from the article]

Elon Musk's X Corp., formerly known as Twitter, has filed a lawsuit against the Global Alliance for Responsible Media (GARM) for violating antitrust laws. The lawsuit claims that GARM coordinated an advertising boycott of the platform, which resulted in billions of dollars in losses for X. X CEO Linda Yaccarino stated that the boycott undermines the marketplace of ideas and favors certain viewpoints over others. GARM is an industry group with over 100 members, including advertisers and tech companies. This lawsuit follows accusations by House Republicans that GARM violated antitrust laws. [Extracted from the article]

Elon Musk's social network, X (formerly known as Twitter), will be closing its San Francisco office and relocating its employees to offices in San Jose and Palo Alto. Musk, who acquired the company in 2022, has expressed his dislike for San Francisco and blamed its left-leaning culture for making Twitter too liberal. The move marks the end of X's presence in the city where Twitter was founded almost 20 years ago. The Mid-Market neighborhood, where X's office is located, has been struggling due to the slow return of workers following the Covid-19 pandemic. However, the artificial intelligence boom has helped revive the area, with AI startups leasing significant office space in San Francisco. [Extracted from the article]

Elon Musk's social network, X (formerly known as Twitter), will be closing its San Francisco office and relocating its employees to offices in San Jose and Palo Alto. This move comes after Musk expressed his dislike for San Francisco's culture and announced that X's headquarters would be relocated to Texas. The closure of the San Francisco office marks the end of X's long history in the city where Twitter was founded almost 20 years ago. The Mid-Market neighborhood, where X's office is located, has been struggling due to the slow return of workers following the Covid-19 pandemic, resulting in a high office-vacancy rate. [Extracted from the article]

Roelof Botha, the head of venture capital firm Sequoia Capital, is leading the company in a changing industry. Botha, who has a background in rugby, draws lessons from the sport to guide his work in venture capital. Sequoia Capital has a strong track record of successful investments, including Apple, Google, and Nvidia, and has distributed billions of dollars to its investors. Botha is focused on adapting to the evolving venture capital landscape and maintaining Sequoia's success. He has implemented changes such as a new investment fund structure and is known for his analytical and methodical approach. Botha's upbringing in South Africa and his drive to distinguish himself have shaped his career. [Extracted from the article]

Elon Musk, the billionaire owner of X social media company (formerly known as Twitter), has announced that the company will be relocating its headquarters from San Francisco to Austin. This move follows Musk's decision to also move his aerospace company, SpaceX, from California to Starbase in Texas. Musk acquired Twitter in 2022 and has since reduced its workforce. The decision to move the headquarters is partly due to the company's desire to give up a significant portion of its office space in San Francisco and Musk's concerns about safety in the area. [Extracted from the article]

Elon Musk has successfully defended himself against a lawsuit in which he was accused of refusing to pay severance to thousands of Twitter employees he fired after acquiring the company. The judge ruled that the federal Employee Retirement Income Security Act did not cover the claims made by the former employees, therefore lacking jurisdiction. This is one of several cases in which Musk has been accused of breaking promises to former Twitter employees and vendors after the acquisition. The plaintiffs have the option to amend their complaint for claims not governed by the Employee Retirement Income Security Act. [Extracted from the article]

Elon Musk and X Corp., formerly known as Twitter, have successfully defended themselves against a lawsuit seeking $500 million in severance pay for 6,000 laid-off employees. The plaintiffs, former executives of the company, argued that the employees were entitled to more than the one month's pay they received. However, the judge ruled that the claims were not covered under the federal Employee Retirement Income Security Act because the company had informed employees that they would only receive cash payouts. Similar cases filed by former Twitter employees are still ongoing. [Extracted from the article]

Documents obtained by Bloomberg Businessweek reveal Elon Musk's plans to expand his company, X, into an "everything app" by incorporating a payments network into its social networking service. The documents show that X aims to offer a Venmo-like payments feature that allows users to store money, make payments to other users or businesses, and purchase goods and services in physical stores. X plans to charge minimal fees for its payment services and sees offering payments as a way to increase user engagement on the app. The documents also highlight X's financial struggles since Musk took over, with a significant drop in revenue in 2023. X Payments, a subsidiary of X, has been approved for money transmitter licenses in 28 states and aims to launch its payment services across the US later this year. However, X faces challenges in a market where many customers already use competing payment services, and it will need to build new services and persuade users to adopt them. X plans to provide users with a digital dashboard on its website and mobile app for all payments activity. The company may charge small fees for certain transactions and could generate revenue by offering banking services. X's payments feature could also boost its advertising business if marketers view it as a platform where customers store money and make purchases. Musk has also discussed the possibility of X serving as a savings account with a high yield. X Payments has agreements with payment providers such as Stripe and Adyen, and it is anticipated that these partnerships will continue. However, X has no plans to allow [Extracted from the article]

According to a new report from the Pew Research Center, Elon Musk's social media site, X (formerly known as Twitter), has seen an increase in popularity among conservative users and those who identify with the political right since Musk took over in 2022. The percentage of Republican users who view X as "mostly good" for American democracy has more than tripled since Musk's takeover, while the number of Democrats who hold this view has decreased. Musk has actively platformed and amplified right-leaning leaders and viewpoints on X, creating an environment where Republican perspectives are more widely accepted and where right-leaning users experience less harassment compared to their liberal counterparts. Musk's efforts to support free speech and create an open platform have made X a more attractive place for political conservatives, particularly in the US. The report comes ahead of the 2024 US Presidential election, where social media sites like X have historically played a significant role. Musk has been open about his political leanings and his intention to push X towards the right, and he has shared and commented on posts that align with conservative views. Republican politicians have embraced this shift on X, with Musk hosting events for figures like Florida Governor Ron DeSantis and planning a town hall with former President Donald Trump. [Extracted from the article]

Elon Musk has threatened to abandon his bid to buy Twitter, accusing the social media company of failing to provide data on fake accounts. Musk claims that Twitter has breached its obligations under the merger agreement and is withholding requested data. He believes that the number of bots on Twitter may be four times higher than the company estimates. Musk has expressed the need for a complete understanding of Twitter's active user base before proceeding with the deal. It remains uncertain whether the deal will proceed, as Musk had previously acquired a 9.2% stake in Twitter and expressed his willingness to buy 100% of the company. [Extracted from the article]

Musk reclaims the very top spot in a month where nine of the top ten richest people in the world expanded their fortunes. [ABSTRACT FROM AUTHOR]

The article discusses the selection of former NBCUniversal Media LLC advertising chief Linda Yaccarino as successor of Twitter chief executive officer (CEO) Elon Musk. Topics explored include the challenges that Yaccarino needs to address with regard to the relationship of Twitter with advertisers, the focus of Yaccarino on business operations according to Musk, and the perceived corporate benefits of the appointment of a woman CEO at Twitter.

Copyright of POP is the property of Transcript Verlag and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

DEPARTMENTS If you don't use Twitter often, you may be unaware of how the site has dissolved into organizational chaos. Prior to the company's sale to Elon Musk, Twitter had a verification process that confirmed the identity of account owners. [Extracted from the article]

The author analyzes the chances of billionaire Elon Musk to accomplish his goal for social media company Twitter to provide an inclusive arena for free speech for the future of civilization. He raises concern over Twitter being a virtual hangout for elites in media and policymaking wherein they decide which issues are fit to be discussed and set the agenda for other technology firms and the media. He recognizes the advantage of Musk's manic energy and the business plans he floated for Twitter.

The article informs that Twitter's new owner, Elon Musk, faced backlash after dissolving the board of directors and dismissing a record number of employees. Musk's introduction of paid blue ticks for 8 dollar per month led to an impersonation debacle, causing Twitter to temporarily pause the service. However, Twitter remains active and has revolutionized news consumption and thought leadership.

Elon Musk has agreed to testify in the US Securities and Exchange Commission's investigation into his acquisition of Twitter. Musk will participate in a five-hour deposition after deciding not to appeal a court order requiring him to comply with a government subpoena. The SEC is seeking information about Musk's purchases of Twitter stock and his statements about his investments prior to buying the social media platform. This development is the latest in a legal battle over Musk's buyout of Twitter, which he initially tried to cancel but later completed. Musk has previously testified twice in the SEC's investigation, but regulators have requested another deposition. The SEC is investigating whether Musk violated securities laws by failing to disclose his initial 9.2% stake in Twitter within the required timeframe. Musk has been critical of the SEC's enforcement practices and previously challenged an agreement that required him to have his social media posts about Tesla pre-approved by an in-house lawyer. The case is ongoing in the US District Court for the Northern District of California. [Extracted from the article]