Tausi Insider

Elon Musk’s Twitter Inc. TWTR-N on Friday brought back the “official” badge to some accounts, just days after doing away with it, while several users reported the new subscription option for the blue verification check mark had disappeared. The move follows a surge in fake accounts on the platform after new boss Elon Musk allowed users to pay US$8 for the coveted blue check mark that was previously reserved for verified accounts of politicians, actors and other major personalities. Fake accounts of several big brands have popped up with the blue check, including Mr. Musk’s Tesla and SpaceX as well as Roblox, Nestle and Lockheed Martin. “To combat impersonation, we’ve added an ‘Official’ label to some accounts,” Twitter’s support account – which has the “official” tag – tweeted on Friday. Mr. Musk on Wednesday tweeted he had “killed” the new label, just hours after rolling it out. Drug maker Eli Lilly and Co. issued an apology after an imposter account tweeted that insulin would be fr...

Since Elon Musk took over Twitter in October, many fast-paced changes have taken place at the social media company. DADO RUVIC/Reuters Elon Musk became Twitter Inc.’s new owner on Oct. 27, closing out the US$44-billion deal and a months-long takeover that included many twists and turns. Since then, the drama has only intensified. Within days of becoming chief executive officer, Mr. Musk went on a firing spree of executives, board members and employees. His overhaul of the social media platform has also sparked changes to its verification system, core policies, content moderation and advertising. In the latest news on Tuesday, Mr. Musk announced he will step down as CEO of Twitter “as soon as I find someone foolish enough to take the job.” He made the announcement after he posted a poll to his Twitter page, asking followers if he should step down as the head of the company. More than 17 million people replied, with 57.5 per cent saying yes. The roller-coaster decision-making has been ...