– Elon Musk gave a wide-ranging interview with the BBC where he discussed his management of Twitter and gave an update on layoffs, cash flow, the status of the blue checks, and who might succeed him as CEO.
– Musk admitted that he only went ahead with the $44 billion acquisition of Twitter because he believed he would lose his legal case to try and back out of it, and that running the company had been "painful."
– Since buying Twitter six months ago, Musk has slashed staff and made big changes to the platform, including introducing an $8 monthly blue-check subscription to try to reverse losses.
– Musk defended the mass layoffs, saying the company was four months from going bankrupt and "drastic action" was needed. However, he also admitted that it was "not fun at all" to fire people and not everyone had been told in person.
– Musk pushed back against the BBC's assertions that there had been more hate speech on the platform since he took over and said it was his mission to make Twitter as accurate as possible. He also said that the blue checks would be phased out by next week and complained that big media companies were reluctant to pay for them.
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