“The platforms that see user growth and gains in ad revenue take content moderation very seriously and work to keep their online communities safe. In the aftermath of all that, more than half of the top 100 advertisers left the platform - leading to a dramatic drop in the platform’s revenue.Īdam Kovacevich, the CEO of tech trade group Chamber of Progress, said that content moderation is ultimately good for business. Marjorie Taylor Greene (R-Ga.) as the billionaire weakened Twitter’s suspension policy to favor “free-speech absolutism.” And Musk himself moved to reinstate MAGA politicians like former President Donald Trump and Rep. Since Musk purchased Twitter last October, some watchdogs reported a surge in racial slurs. Musk also tweeted, “Looking forward to working with Linda to transform this platform into X, the everything app.” Musk had alluded over the last year he wants to transform Twitter into an “everything app” like China’s WeChat, but that could pose more regulatory headaches for the rule-averse billionaire. Musk tweeted that she’d focus on business operations and he would transition to being an executive chair and chief technology officer “overseeing product, software & sysops.” Musk’s hiring of Yaccarino - who will start in about six weeks - suggests he may be attempting to lure back more big name brands with an exec who worked at NBCUniversal in advertising for over a decade. Failing to do so will put lives at risk and further dismantle our democracy,” he said in a statement. “It is our hope that the integrity of the platform will be reestablished and that disinformation, misinformation, and hate speech are dispelled.
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