Silicon Valley leaders welcome Elon Musk's management of Twitter

Thursday, 1 December 2022 06:07

By Reuters

Silicon Valley leaders welcomed Elon Musk's management of Twitter, with Netflix co-founder Reed Hastings going so far as to call the billionaire "the bravest, most creative person on the planet."

Meta Platforms META CEO Mark Zuckerberg on Wednesday said he was keen to see how Elon Musk's management of content moderation on Twitter would fare, arguing it was good for platforms to take different approaches.

"You can agree or disagree with what Elon is doing, or how he's doing it, but I do think it's going to be very interesting to see how this plays out," said Zuckerberg, speaking at the New York Times DealBook conference.

"I would guess that not everything is going to work, but I think some things might work," he said.

Hastings said Musk has a different management style than his own but added: "I'm 100% convinced he's trying to help the world with all of his endeavors."

The Netflix co-founder said Musk believes in free speech and its role in democracy.

"It's not how I would do it, but I'm deeply respectful," said Hastings. "I'm amazed that people are so nitpicky."

More from Business News

UK's Jaguar Land Rover to halt US shipments over tariffs

Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.
US starts collecting Trump's new 10% tariff

U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.
Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).