Hi everybody and welcome back to the Elon Musk podcast on today's episode, we delve into the stormy seas, the Twitter Inc or X Corp, as it's now, known is currently navigating will be discussing everything from a multimillion-dollar lawsuit, claiming Twitter failed to pay promised employee bonuses. The new user policies shaking the twitterverse will dissect.
The transformative effect that musk's take over his head on this social media Behemoth as well as how these drastic changes are spurring user migration into surge in litigation Ian from unexpected changes such as tweet access restrictions aimed at combating data scraping to the resurrection of previously, banned accounts. Musk's leadership of Twitter has been nothing. If not eventful the platform. Now, faces mounting legal challenges, a discontented user base and the departure of key
Evert sizers. Yet amidst the upheaval, some competitors, such as Blue Sky are witnessing record, high traffic. So stick around as we dive deep into these developments. Applications for Twitter's future. And what this means for the tech World At Large, but first, let's hear a word from our generous sponsors. Don't go anywhere. We'll be right back with the heart of the matter. Twitter Inc, also known as X Corp once the epicenter of
online. Social dialogue is now mired in legal disputes, a consequential, Exodus of users and the controversial reign of the new ownership from Elon Musk, and with its acquisition by Tech tycoons. Ilan last year, the platform has seen drastic shifts. It is Policies and conduct the social media giant. Now confronts a class action lawsuit, alleging that it has failed to deliver on promised employee bonuses.
The suit was filed on Tuesday by Mark show Binger a former senior director of compensation at Twitter who exited the company. Last month. In the suit alleges that Twitter had committed to giving employees 50% of their target bonuses for 2022. Promises that the lawsuit claims have not been fulfilled and the clean. It's towards a potential breach of contract on Twitter's part, Twitter's official response to the legal action was characteristically musk X. They offered up a poop emoji.
The media relations office, like many other facets of the social media. Giant has vanished since musk's acquisition the legal representation for show Bender. Attorney Shannon. Liz Riordan is no stranger to Twitter's courtroom escapades this Riordan represents former Twitter employees. Several other lawsuits in approximately 2000 individual arbitration cases these stem from musk's Mass layoffs last year, which led to accusations of unfulfilled Severance packages.
It alleged discriminatory targeting a female and disabled employees during the layoffs. Twitter has consistently denied any wrongdoing in these instances and the influx of legal troubles, doesn't stop with disgruntled employees, many, landlords vendors, and Consultants have also brought legal action against Twitter over unpaid bills, a legacy inherited by musk upon purchasing the company.
And in another significant soup, three, former Twitter, Executives, including the ex-ceo are, suing the company in Delaware, they claim that Twitter reneged on an agreement to reimburse over 1 million dollars in legal fees, incurred in responding to government regulatory requests. In a midst, This legal Quagmire musk announced.
A sudden change to Twitter's user policies to To combat data, scraping by AI companies, Twitter has temporarily restricted, the number of tweets users can access daily. The limitation varies for verified and unfair of I'd users. And it's unclear how long these limits will last or the conditions required to lift them as per musk's declaration. Verified accounts can access
6,000 tweets per day. While unverified ones are limited to 600 Now, new unverified users, who, Joined post, the announcement are further, restricted to only three hundred tweets per day. These rates are expected to increase soon, according to musk. Now, musk's move followed his expression of concern, over quote, extreme levels of data, scraping by artificial intelligence companies, This directly affects chatbots like
chat. TBT the rely on substantial data servers typically, script from the internet and the impact of these new restrictions and other Twitter features such as their audio conversation, platform spaces remains unclear, however, a surgeon error messages like quote rate limit exceeded on users home feed suggest far-reaching implications user reports of Twitter malfunctions on down detector spiked it a a.m. eastern on Saturday and continued throughout that whole
day. At since purchasing Twitter for forty four billion dollars, last October musk has introduced a slew of significant changes, he's restored previously. Banned accounts including former President, Donald Trump's replace the verification system with a pay to verify model in a pointed Linda. Yeah, kirino formerly of NBC Universal as Twitter CEO. However, these changes have not been without consequence. Others have departed and mass raising questions about Twitter's future Revenue model.
Moreover, Twitter's frequent glitches and changing user experience have spurred users to migrate to similar platforms, like mastodons, blue sky and a proposed Twitter clone by meta. And in a Twist of irony, Blue Sky. A platform backed by former Twitter, CEO, Jack Dorsey has seen record high traffic after musk's announcement. The app is described as a decentralized. Social network and has been considered a potential Twitter
alternative. However it remains invite-only at this time in another major policy shift. Twitter is clamp down on the number of tweets per day. The various accounts can read the new restriction aimed at deterring extreme levels of data, scraping and system. Manipulation was announced by Elon Musk Saturday. Now the 6603 hundred numbers there are going to be changes to that however musk later, raise those limits to 10,000 for verified users, 1004 unverified and 504, new unverified users.
He provided no additional Tours explanation to these changes. The move follows Twitter's decision to make viewing tweets and exclusive feature for its account holders must label. This a temporary emergency measure and clip that hundreds of organizations were scraping Twitter data, extremely
aggressively. Thus impairing the user experience must frustrations are not new and have been directed towards artificial intelligence firms, including open AI, the developer of chat, CBT is previously criticized them for using Twitter. Data to train their large language, models in the implementation of these changes has not been without hitches on Saturday morning, Twitter experience, a significant outage with nearly 7,500 users
reporting issues. In other musk's ownership, Twitter has made several attempts to regain advertisers, who abandoned the platform. One such move has been monetizing verification, check marks as part of the Twitter blue program to boost subscription revenue and the legal battles. In tumultuous policy changes paint a really challenging Picture for Twitter future with an increasingly disgruntled user base and mounting legal
disputes. It remains to be seen whether musk's drastic measures will lead to revitalizing the platform or to continue to provoke instability and discontent. Thanks for listening to the Elon Musk podcast. Appreciate your support and I appreciate you spending the time here with me today. Now, if he could take a second and hit the Subscribe or follow button on whatever podcast platform you're listening on right now that would help the show too. - Lee.
So thank you for that. Also, please take care of yourselves and each other and I'll see you in the next one. This podcast is brought to you by Starship shirts.com. Find the coolest T's mugs and more inspired by Elon musk's Universe. Celebrate your love for SpaceX Tesla and Beyond and gear up with Starship shirts.com. Where every purchase is a launch pad for adventure.