Behind Elon Musk’s chaotic Twitter takeover, look for the ‘yes men’

From Fortune:

Elon Musk’s takeover of Twitter in October 2022 has been a disaster. Surrounded by yes men, his vision for a free speech platform called “X” has not gone as planned. X’s value has plummeted by 72% since the acquisition, with constant outages, bad ads, and a decline in users. Musk’s lack of empathy and attraction to sycophants has hindered product development. The company has also faced lawsuits and investigations related to mistreatment of employees, failure to counter disinformation, and inappropriate advertisement practices. Furthermore, the future of X is bleak as those surrounding Musk are more interested in proximity to power and money than improving the platform.



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