'Many Mistakes' Made Since Twitter Takeover; Company 'Roughly Breaking Even' Now: Elon Musk

Twitter CEO Elon Musk made the comments in a live interview with the BBC.

Advertisement
By Agence France-Presse | Updated: 12 April 2023 16:40 IST
Highlights
  • Twitter will remove legacy blue check marks from April 20
  • Users will be required to pay to subscribe to Twitter Blue
  • Musk will change the designation on the BBC's Twitter handle

Twitter tagged NPR, which has nearly 9 million followers, "government-funded media"

Photo Credit: Twitter

Twitter boss Elon Musk said running the social media network has been "quite a rollercoaster" and acknowledged "many mistakes" along the way, six months after he bought the company for $44 billion (roughly Rs. 36,117,399 crores).

In a live interview with the BBC after agreeing to a last-minute invitation for the "spontaneity" of it, Musk appeared to tacitly acknowledge that one of those errors was the decision to label the broadcaster's account "government-funded media".

Advertisement

He said he would change the designation on the BBC's Twitter handle after the broadcaster objected.

"We want it as truthful and accurate as possible –- we're adjusting the label to 'publicly funded'," Musk said.

Advertisement

Britain's national broadcaster is predominantly funded by an annual license fee set by the government but paid by individual households.

The labeling spat follows an earlier controversy over a similar move involving US radio network NPR, which Twitter briefly branded "state-affiliated", the same way it styles government-run Chinese and Russian platforms.

Advertisement

NPR stopped tweeting in protest.

Twitter now tags NPR, which has nearly 9 million followers, as "government-funded media", and applied the same label to the BBC's account.

Advertisement

Musk has expressed deep disdain for news media for years and recently installed an automatic response of a poop emoji to emails sent to the site's main media address.

Speaking with the BBC late on Tuesday, he also addressed Twitter's controversial move to strip the New York Times of its blue verified check mark after the company refused to pay to keep it.

From April 20, any legacy verified accounts on Twitter -- which were verified as authentic under the company's old ownership -- will have to pay to subscribe to Twitter Blue.

One of the reasons for this, Musk said, was that he does not want Twitter to boost "some anointed class of journalists" who determine what constitutes news.

"I'm hopeful that this can be more a case of the public choosing the narrative, as opposed to the media choosing the narrative," he said.

Twitter, he said, would "treat everyone equally".

Musk, in assessing his time in charge of the social media network since he took over in October, said it had been "a stressful situation over the last several months".

"Were there many mistakes made along the way? Of course," he said. "But all's well that ends well. I feel like we're headed to a good place."

He said the company was now "roughly breaking even" with the return of advertisers.

When pushed on who was Twitter's new CEO after he stepped down in response to a poll on the site, he named his dog, Floki.

 


Smartphone companies have launched many compelling devices over the first quarter of 2023. What are some of the best phones launched in 2023 you can buy today? We discuss this on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Affiliate links may be automatically generated - see our ethics statement for details.
 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Twitter, Elon Musk, Twitter Blue
Advertisement

Related Stories

Popular Mobile Brands
  1. Lava Bold N2 Pro With 50-Megapixel Rear Camera Debuts in India: See Price
  2. Vivo X300 Ultra, Vivo X300s Launched With Zeiss-Tuned Cameras and Teleconverter Support
  3. Google Pixel 11 Design, Key Specifications and Launch Timeline Leaked
  4. Vivo Pad 6 Pro Launched With 13-2-Inch 4K Display and This Snapdragon Chip
  5. Oppo Find X9 Ultra Listed on BIS Database, Might Launch in India Soon
  1. Lava Bold N2 Pro Launched in India With 5,000mAh Battery, 50-Megapixel Rear Camera: Price, Specifications
  2. Google Pixel 11 Spotted in Leaked CAD Renders That Suggest It Will Arrive With Subtle Design Changes
  3. Apple's iPhone 18 Pro Could Feature Smaller Dynamic Island Instead of Hole Punch Cutout, Leaked Screen Protector Suggests
  4. Vivo Pad 6 Pro Launched With 13.2-Inch 4K Display, Snapdragon 8 Elite Gen 5 Chip: Price, Specifications
  5. Vivo X300 Ultra With Snapdragon 8 Elite Gen 5 SoC Launched Alongside Vivo X300s: Price, Features
  6. Vi 5G Rollout: Telco Says It Will Expand 5G Coverage in 90 Cities Within Two Months
  7. Google Reportedly Working on AirDrop-Like Tap to Share Feature Discovered in One UI 9, Android 17 Builds
  8. OnePlus Ace 6 Ultra Tipped to Launch in April, Could Rival Redmi K90 Ultra
  9. Oppo Find X9 Ultra Gets One Step Closer to Launching in India as Handset Surfaces on BIS Database
  10. Vivo X300s Specifications Officially Confirmed; Will Feature 200-Megapixel Main Camera and 7,100mAh Battery
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.