Following the news of Tesla CEO’s $ 3 billion investment in the platform, employees took to Twitter to send messages of both serious concern and ridicule.
“Good morning to our new lord!” Lara Cohen, the company’s Global Head of Partners, wrote on Twitter.
Company researcher Matt DeMichiel shared a meme with rapper Drake that apparently implied that Musk would shift the company’s focus from growth, product innovation and sustainability to ways for further financial success.
“Elon Musk just (temporarily at least) made me a lot of money. And I still dislike him, “said Haraldur Thorleifsson, head of Twitter’s 0 ομάδας 1 team, referring to how Musk’s share and board membership have boosted the company’s stock value.
The billionaire, who initially filed a Securities and Exchange Commission (SEC) disclosure document for passive shareholders, filed a second paper on Tuesday indicating he had invested in the platform to bring about change.
The new deposit, obtained by DailyMail.com, revealed that Musk started buying shares on Twitter on January 31 and continued to buy shares at every meeting until April 1.
Twitter executives have expressed concern after Elon Musk promised to make “significant improvements” to the social networking platform as a member of the company’s board of directors and a majority shareholder, admitting that his investment in the company was not passive.
Twitter announced Tuesday morning that Musk will hold a position on the company’s board of directors until the platform’s annual general meeting in 2024.
In return, Musk – either alone or as a member of a group – is not allowed to push his stake in the company beyond 14.9 percent during his tenure on the board and for 90 days thereafter, according to with the SEC filing on Tuesday.
However, Twitter employees seemed to be worried about the company’s operations and values now that Musk seems to have a significant weight in the company.
Michael Sayman, 0 → 1 product manager at Twitter, entered the platform to share a meme that allegedly depicts the next board meeting of the company.
The post contained a group attending a meeting with Wario, Nintendo’s Mario series rival, sitting at the table. The meme had the caption: “The next Twitter board meeting.”
DeMichiel, who shared Drake’s meme, also responded to a commenter who asked if employees should include Musk in all work-related communications.
He replied: “This and all email signatures must be linked to the Tesla website.”
Although most of the responses contained targeted sarcasm, EJ Samson, a member of the platform’s marketing team, gave a more neutral response, questioning Musk’s role in the company.
Retweeting a poll published by SpaceX CEO asking if users wanted an edit button, Samson replied via meme: “What’s up?”
Lara Cohen, the company’s Global Head of Partners, compared Musk to a feudal lord
Company researcher Matt DeMichiel shared a meme with rapper Drake that apparently implied that Musk would shift the company’s focus from growth, product innovation and sustainability to ways for further financial success.
DeMichiel also responded to a commenter asking if employees should include Musk in all work-related communications
Haraldur Thorleifsson, head of Twitter’s 0 ομάδας 1 team, spoke about how Musk’s share and board membership had boosted the company’s stock value.
Michael Sayman, 0 → 1 chief product on Twitter, compared Musk to Wario, Nintendo’s Mario series rival
EJ Samson, a member of the platform’s marketing team, appears to have questioned Musk’s role in the company
As employees voiced their concerns, the newsletter platform Substack scoffed at employees, saying that even though the store was hiring them, Twitter employees should not apply.
“If you’re a Twitter employee considering resigning because you’re worried about Elon Musk pushing for less regulated speech, please do not come here to work,” Lulu Cheng Meservey, Vice President of Communications at Substack, wrote on Twitter on Tuesday.
“But for everyone else, we really hire! “Join a talented, determined, passionate, diverse team of all backgrounds and beliefs,” he added. “We talk respectfully, we perform maniacally and we live to serve writers and podcasters. Long live the independent version “.
Her comments were widely criticized by social media users who said she was unprofessional, politically discriminatory, unfair and hostile.
One user even wrote: “Congratulations on helping me decide that I would never write to Substack or subscribe to any writer there.”
Meservey, claiming that “the context has now collapsed” after her outcry, probably made the comments in response to Tuesday’s reaction from progressive users who feared that Musk, a well-known critic of Twitter’s obvious censorship policies, would destroy the platform.
“It simply came to our notice then. “Hoping entrepreneurs are dreaming of new alternatives on Twitter and Facebook,” Amy Siskind, an activist, author and president of The New Agenda, told Fox News after the board member announced Tuesday.
Political analyst Tim O’Brien has argued that freedom of speech activists should be concerned about the entrepreneur’s new strength in the company.
“Musk makes himself a purifier of freedom of speech, but he intimidates critics,” he said.
As employees voiced their concerns, Substack newsletter platform mocked employees, saying that even though the store was hiring them, Twitter employees should not apply.
Lulu Cheng Meservey, Vice President of Communications at Substack, backed her platform’s commitment to “independent publishing” after telling Twitter users that they were not welcome to work on the platform
After receiving criticism, Meservey claimed that the “framework” behind her comments had been lost. Most likely she made the comments in response to Tuesday’s reaction from progressive users who feared that Musk, a well-known critic of Twitter’s obvious censorship policies, would destroy the platform.
One user accused Meservey of political discrimination
Another criticized Meservey for posting the remark and later claimed it was misunderstood.
Most users reject Meservey’s claim that “frame collapse has occurred now”
Another user noted that after Meservey’s comments they would never subscribe to Substack or read works by its authors
Meservey received significant criticism for its comments about Twitter employees who joined Substack staff
Podcast presenter Sawyer Hackett, who also served as Secretary of Housing and Urban Development during the Obama administration, criticized Musk as a hypocritical tax evader.
“The youngest member of Twitter’s board once went on Twitter and called a U.S. senator ‘Senator Karen’ because he suggested he – the richest man in the world – pay income taxes,” Hackett said. “He paid $ 0 in income taxes last year.”
Others, including MSNBC presenter Joey Reed, expressed concern that Musk would require the company to restore the account of former President Donald Trump, who was permanently suspended last year after the Jan. 6 attack on the US Capitol.
So if this platform brings back Trump, his white nationalist friends, Q-anon and antivox, and is no different from failed side apps like Gettr (yet one of the most inadvertently hilarious brand names of all time) or Gab, how many of them will stay here? Reed was arguing.
He added: “If they let the hive re-enter, they will be about the same size as those failed ‘new Twitter’ and the way will be wide open for a smart developer out there. Just say Twitter Twitter can be quite unpleasant without misinformation and the Nazi brothers “.
The billionaire, who initially filed a Securities and Exchange Commission (SEC) disclosure document for passive shareholders, filed a second paper on Tuesday stating that he had invested in Twitter (pictured at San Francisco headquarters) to provoke a change
Twitter concluded the board member’s agreement with Musk on Monday, a SEC report revealed.
Following the submission of the regulatory filing on Tuesday, Twitter CEO Parag Agrawal announced Musk’s board membership on social media, arguing that the billionaire brings “great value” to the company.
“I’m excited to share the appointment of @elonmusk to our board! “Through talks with Elon in recent weeks, it became clear to us that he would give great value to our board,” Agrawal wrote.
“He is both a passionate believer and an outspoken critic of the service, which is exactly what we need on @Twitter and in the conference room to make us stronger in the long run. Welcome Elon! ‘
Musk responded to the CEO, saying: “I look forward to working with the Parag & Twitter board to make significant improvements to Twitter in the coming months!”
Musk’s role as both a member of the board and a major shareholder in Twitter certainly gives him a big voice in the future of the company. He has been publicly praised this week by the CEO and other board members, a sign that Twitter’s leadership is likely to take his ideas seriously.
But he is still the only member of a 12-member board that Twitter says has an “important advisory and feedback role,” but is not responsible for day-to-day operations and decisions. This means that Musk will not have the power to add an “edit button” or restore the suspended Donald Trump account.
“Our policy decisions are not determined by the board or shareholders and we have no plans to reverse any policy decisions,” said Twitter spokesman Adrian Zamora.
Twitter shares have risen since mid-March when Musk bought his stake
Despite this, millions of investors flocked to the Twitter stock after Musk, who has more than …
