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Elon Musk, CEO of Tesla, speaks with CNBC on May 16th, 2023.

David A. Grogan | CNBC

The sudden departure of Twitter executives tasked with content moderation and brand safety has left the company more vulnerable than ever to hate speech.

On Thursday, Twitter’s vice president of trust and safety, Ella Irwin, resigned from the company. Following Irwin’s departure, the company’s head of brand safety and ad quality, A.J. Brown, reportedly left, as did Maie Aiyed, a program manager who worked on brand safety partnerships.

It’s been just over seven months since Elon Musk closed his $44 billion purchase of Twitter, an investment that’s so far has been a giant money loser. Musk has dramatically downsized the company’s workforce and rolled back policies that restricted what kind of content could circulate. In response, numerous brands suspended or decreased their advertising spending, as several civil rights groups have documented.

Twitter, under Musk, is the fourth most-hated brand in the U.S. according to the 2023 Axios Harris reputation rankings.

The controversy surrounding Musk’s control of Twitter continues to build.

This week, Musk said it’s not against Twitter’s terms of service to misgender trans people on the platform. He said doing so is merely “rude” but not illegal.” LGBTQ+ advocates and researchers dispute his position, claiming it invites bullying of trans people. On Friday, Musk boosted a video on Twitter that was deemed transphobic by these groups.

Numerous LGBTQ organizations expressed dismay to NBC News over Musk’s decision, saying the company’s new policies will lead to an uptick in anti-trans hate speech and online abuse.

Although Musk recently hired former NBC Universal global advertising chief Linda Yaccarino to succeed him as CEO, it’s unclear how the new boss will assuage advertisers’ concerns regarding racist, anti-Semitic, transphobic and homophobic content in light of the recent departures and Musk’s ongoing role as majority owner and technology chief.

Even before the latest high-profile exits, Musk had been reducing the number of workers tasked with safety and content moderation as part of the company’s widespread layoffs. He eliminated the entire AI ethics team, which was responsible for ensuring that harmful content wasn’t being algorithmically recommended to users.

Musk, who is also the CEO of Tesla and SpaceX, has recently downplayed concerns about the prevalence of hate speech on Twitter. He claimed during a Wall Street Journal event that since he took over the company in October, hate speech on the platform has declined, and that Twitter has slashed “spam, scams and bots” by “at least 90%.”

Experts and ad industry insiders told CNBC that there’s no evidence to support those claims. Some say Twitter is actively impeding independent researchers who are attempting to track such metrics.

Twitter didn’t provide a comment for this story.

The state of hate speech on Twitter

In a paper published in April that will be presented at the upcoming International Conference on Web and Social Media in Cyprus, researchers from Oregon State, University of Southern California, and other institutions showed that hate speech has increased since Musk bought Twitter.

The authors wrote that the accounts known for posts containing hateful content and slurs targeting Blacks, Asians, LGTBQ groups and others increased such tweeting “dramatically following Musk’s takeover” and do not show signs of slowing down. They found that Twitter hasn’t made progress on bots, which have remained as prevalent and active on Twitter as they were prior to Musk’s tenure.

Musk previously indicated that Twitter’s recommendation algorithms surface less offensive content to people who don’t want to see it.

Tesla CEO Elon Musk discusses the implications of A.I. on his children's future in the workforce

Keith Burghardt, one of the authors of the paper and a computer scientist at the University of Southern California’s Information Sciences Institute, told CNBC that the deluge of hate speech and other explicit content correlates to the reduction of people working on trust and safety issues and the relaxed content moderation policies.

Musk also said at the WSJ event that “most advertisers” had come back to Twitter.

Louis Jones, a long-time media and advertising executive who now works at the Brand Safety Institute, said it’s not clear how many advertisers have resumed spending but that “many advertisers remain on pause, as Twitter has limited reach compared to some other platforms.”

Jones said many advertisers are waiting to see how levels of “toxicity” and hate speech on Twitter change as the site appears to slant towards more right-wing users and as U.S. elections approach. He said one big challenge for brands is that Musk and Twitter haven’t made clear what they count in their measurements assessing hate speech, spam, scams and bots.

Researchers are calling on Musk to provide data to back up his recent claims.

“More data is critical to really understand whether there is a continuous decrease in either hate speech or bots,” Burghardt said. “That again emphasizes the need for greater transparency and for academics to have a freely available data.”

Show us the data

Getting that data is becoming harder.

Twitter recently started charging companies for access to its application programing interface (API), which allows them to incorporate and analyze Twitter data. The lowest-paid tier costs $42,000 for 50 million tweets.

Imran Ahmed, CEO of the Center for Countering Digital Hate nonprofit, said that because researchers now have “to pay a fortune” to access the API, they’re having to rely on other potential routes to the data.

“Twitter under Elon Musk has been more opaque,” Ahmed said.

He added that Twitter’s search function is less effective than in the past and that view counts, as seen on certain tweets, can suddenly change, making them unstable to use.

“We no longer have any confidence in the accuracy of the data,” Ahmed said.

The CCDH analyzed a series of tweets from the beginning of 2022 through February 28, 2023. It released a report in March analyzing over 1.7 million tweets collected using a data-scraping tool and Twitter’s search function and discovered that tweets mentioning the hateful “grooming” narrative have risen 119% since Musk took over.

That refers to “the false and hateful lie” that the LGBTQ+ community grooms children. The CCDH found that a small number of popular Twitter accounts like Libs of TikTok and Gays Against Groomers have been driving the “hateful ‘grooming’ narrative online.”

The Simon Wiesenthal Center, a Jewish human rights group, continues to find anti-Semitic posts on Twitter. The group recently conducted its 2023 study of digital terrorism and hate on social platforms and graded Twitter a D-, putting it on par with Russia’s VK as the worst in the world for large social networks.

Rabbi Abraham Cooper, associate dean and director of global social action agenda at the center, called on Musk to meet with him to discuss the rise of hate speech on Twitter. He said he has yet to receive a response.

“They need to look at it seriously,” Cooper said. If they don’t, he said, lawmakers are going to be called upon to “do something about it.”

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YouTube wipes out thousands of propaganda channels linked to China, Russia, others

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YouTube wipes out thousands of propaganda channels linked to China, Russia, others

Beata Zawrzel | Nurphoto | Getty Images

Google announced Monday the removal of nearly 11,000 YouTube channels and other accounts tied to state-linked propaganda campaigns from China, Russia and more in the second quarter.

The takedown included more than 7,700 YouTube channels linked to China.

These campaigns primarily shared content in Chinese and English that promoted the People’s Republic of China, supported President Xi Jinping and commented on U.S. foreign affairs.

Over 2,000 removed channels were linked to Russia. The content was in multiple languages that supported Russia and criticized Ukraine, NATO and the West.

Google, in May, removed 20 YouTube channels, 4 Ads accounts, and 1 Blogger blog linked to RT, the Russian state-controlled media outlet accused of paying prominent conservative influencers for social media content ahead of the 2024 election.

Tim Pool, Dave Rubin and Benny Johnson — all staunch supporters of President Donald Trump — made content for Tenent Media, the Tennessee company described in the indictment, according to NBC News.

Read more CNBC tech news

YouTube began blocking RT channels in March 2022, shortly after Russia invaded Ukraine.

The active removal of accounts is part of the Google Threat Analysis Group’s work to counter global disinformation campaigns and “coordinated influence” operations.

Google’s second quarter report also outlined the removal of influence campaigns linked to Azerbaijan, Iran, Turkey, Israel, Romania and Ghana that were found to be targeting political rivals.

Some campaigns centered on growing geopolitical conflicts, including narratives on both sides of the Israel-Palestine War.

CNBC has reached out to YouTube for further comment or information on the report.

Google took down more than 23,000 accounts in the first quarter.

Meta announced last week it removed about 10 million profiles for impersonating large content producers through the first half of 2025 as part of an effort by the company to combat “spammy content.”

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New Astronomer CEO gives first statement since Coldplay kiss-cam scandal

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New Astronomer CEO gives first statement since Coldplay kiss-cam scandal

Chris Martin of Coldplay performs live at San Siro Stadium, Milan, Italy, in July 2017.

Mairo Cinquetti | NurPhoto | Getty Images

Astronomer‘s interim CEO said in his first public comment since unexpectedly taking over the role on Saturday that he hopes to move the tech startup past the viral moment that captured national attention last week.

Pete DeJoy was appointed to the top job due to the resignation of CEO Andy Byron, days after he was caught on video in an intimate moment with the company’s head of human resources at a Coldplay concert. Astronomer said over the weekend that it would begin a search for a new CEO.

“The events of the past few days have received a level of media attention that few companies — let alone startups in our small corner of the data and AI world — ever encounter,” DeJoy wrote in a LinkedIn post on Monday. “The spotlight has been unusual and surreal for our team and, while I would never have wished for it to happen like this, Astronomer is now a household name.”

Byron was shown on a big screen at the concert in Boston on Wednesday with his arms around Chief People Officer Kristin Cabot. Byron, who is married with children, immediately hid when the couple was shown on screen. Lead singer Chris Martin said, “Either they’re having an affair or they’re just very shy.” A concert attendee’s video of the affair went viral.

Read more CNBC reporting on AI

DeJoy helped start Astronomer in 2017, according to his LinkedIn profile, and had been serving as chief product officer since earlier this year.

In May, Astronomer announced a $93 million investment round led by Bain Ventures and other investors, including Salesforce Ventures.

“I’m stepping into this role with a wholehearted commitment to taking care of our people and delivering for our customers,” DeJoy wrote. He added that “our story is very much still being written.”

Astronomer is commercializing the open-source data operations platform Astro. DeJoy wrote that customers “trust us with their most ambitious data & AI projects” and that “we’re here because the mission is bigger than any one moment.”

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Figma IPO could value design software maker at $16 billion

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Figma IPO could value design software maker at  billion

Dylan Field, co-founder and CEO of Figma Inc., after the morning sessions at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2024.

David Paul Morris | Bloomberg | Getty Images

Design software company Figma on Monday published an updated prospectus for its initial public offering.

The company said it expects to sell about 37 million shares at $25 to $28 each. That would generate as much as $1 billion in proceeds, between the company and selling shareholders.

The IPO could value Figma, led by co-founder Dylan Field, a fully diluted valuation of $14.6 billion to $16.4 billion. Field plans to sell 2.35 million shares, which could be worth as much as $65.8 million.

In a 2024 tender offer, investors valued the company at $12.5 billion. In 2022, Adobe had agreed to acquire Figma for $20 billion, but the deal was scrapped after regulators objected.

The flow of technology companies joining U.S. exchanges has slowed since late 2021. Concerns over inflation and a recession made some investors less interested in backing fast-growing but money-losing companies.

But a few technology stocks have become available in recent months. CoreWeave went public in March, and Circle and Chime shares started trading in June.

Read more CNBC tech news

Figma filed to go public on July 1, announcing plans to trade on the New York Stock Exchange under the symbol “FIG.”

On Monday, it provided preliminary results for the second quarter, showing $9.0 million to $12.0 million in operating income on $247 million to $250 million in revenue. That would imply year-over-year revenue growth of 39% at the low end and 41% at the high end. Growth in the first quarter exceeded 46%.

During the second quarter, Figma added clients and expanded business with existing ones. The company’s operating margin would be ticking up to 4% to 5%, up from 3% in the same quarter a year ago, based on the preliminary results.

Figma said it has authorized the issuance of “blockchain common stock” in the form of “blockchain-based tokens.” So far, though, Figma said it isn’t planning to issue this type of stock. In July, Figma disclosed investments in a stablecoin and a Bitcoin exchange-traded fund.

Mike Krieger, a co-founder of Instagram who is now chief product officer of artificial intelligence model developer Anthropic, has joined the board. Luis von Ahn, co-founder and CEO of Duolingo, is also joining the board, according to the filing.

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