Musk Cusses Out Advertisers in Interview; Microsoft Joins OpenAI Board, Threads Will Launch in Europe in December; Top Tech Cos. Sign UK Government Charter Against Online Fraud

In an interview at the DealBook Summit in New York yesterday, Elon Musk let loose on advertisers boycotting his X platform due to antisemitic posts he amplified there. “If somebody’s gonna try to blackmail me with advertising? Blackmail me with money? Go f—yourself.” He added, “Don’t advertise.” According to CNBC, he even took a specific shot at Disney and CEO Bob Iger. Musk also said he wouldn’t use his own money to bail out X…which doesn’t bode well for the former Twitter. 

Sam Altman is officially back at OpenAI as CEO, and Microsoft will get a non-voting observer board seat on the nonprofit board that controls the company. Theverge.com reports that the new OpenAI board will be made up of Chair Bret Taylor, Larry Summers, and Adam D’Angelo. 

Threads plans to launch in Europe in December. Meta has decided to play nice with the EU’s online services regulations. Engadget.com says they will be in compliance with EU policies, and allow users to access the platform without needing to create a profile. Threads first launched to most of the world in July as an alternative to Elon Musk’s increasingly polarizing X, formerly known as Twitter. Threads reached 100 million users in its first week but has experienced some drop-off. The Meta-owned platform currently has about 73 million active users compared to X’s 365 million.

Twelve major tech companies have signed on to the UK government’s Online Fraud Charter. The charter is designed to combat online scams, fake advertising, and romance fraud. According to The Independent, the firms include Facebook, TikTok, Snapchat, YouTube, Amazon, eBay, Google, Instagram, LinkedIn, Match Group, Microsoft and X. The Charter calls on the firms to introduce a number of measures to better protect users, including verifying new advertisers and promptly removing fraudulent content. There will also be increased levels of verification on peer-to-peer marketplaces and people using online dating services. The companies have pledged to implement the measures which apply to their services within six months.

I’m Clark Reid and you’re ’Technified’ for now.


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