Headline RoundupOctober 31st, 2022

Musk Becomes Twitter's Sole Director After Dissolving Board

AllSides Summary

Amid his takeover of Twitter, Elon Musk dissolved the company's nine-person board of directors and became its sole leader.

Key Quotes: "On October 27, 2022, and as a result of the consummation of the Merger, Mr. Musk became the sole director of Twitter," the company wrote in an SEC filing published Monday.

For Context: Musk's purchase of Twitter was finalized last week. He quickly fired the CEO and other top employees, and more changes are expected, including major workforce cuts and $20 per month charges for verified users to keep their "blue checkmark" verification badge.

How the Media Covered It: Speculation continues across the political spectrum about what Musk's takeover will mean for censorship and content moderation on Twitter. Insider reported that Musk "scrapped" the board. CNN Business (Lean Left bias) said the move "cemented" Musk's "control over" the company. Many left-and center-rated sources also framed Musk as irresponsible and potentially dangerous after he tweeted and then deleted an article suggesting, without direct evidence, that Paul Pelosi was drunk and in a dispute with a male prostitute when he was attacked at his home last week. Right-rated sources have generally focused mostly on arguments that free speech needs more protection on Twitter, and on criticism of those who oppose Musk's takeover.

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