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Weekly News Digest

November 3, 2022 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.

CLICK HERE to view more Weekly News Digest items.

Elon Musk and Twitter News Roundup

Writers for The New York Times share that “Elon Musk’s deal to buy Twitter may have closed, but his battle with the company’s board and executives seems to be barreling forward. … Musk is taunting Twitter and the law firm it worked with in its lawsuit against him, Wachtell Lipton, with the prospect of litigation, while trying to avoid paying top executives the golden parachutes they’re owed. It appears that fraught legal battles lie ahead, and it’s unclear whether Musk’s aim is to win or simply punish.”

Lora Kolodny writes for CNBC, “New Twitter owner Elon Musk has pulled more than 50 of his trusted Tesla employees, mostly software engineers from the Autopilot team, into his Twitter takeover. … He fired the company’s CEO, chief financial officer, policy and legal team leaders right away, and has also dissolved Twitter’s board of directors. … [E]mployees from Musk’s other companies are now authorized to work at Twitter. …”

Mitchell Clark and Jay Peters from The Verge state, “Elon Musk has announced that a new version of Twitter Blue will include some sort of verification accessible for $8 per month in the US, with the price ‘adjusted by country proportionate to purchasing power parity.’ He announced the shake-up of the premium service by saying that ‘Twitter’s current lords & peasants system for who has or doesn’t have a blue checkmark is bullshit.’”

Naomi Nix reports for The Washington Post, “Elon Musk pledged … that Twitter will not reinstate banned accounts for weeks, meaning users including former president Donald Trump will not have the ability to rejoin the social media site before the midterm elections.” Musk held “a Zoom meeting with representatives of civil rights group where Musk discussed the content moderation council that he told the group would guide decision-making on user bans and policing of the platform.”



Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

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