A comedian, who is a verified user, puts Twitter’s moderation practices to the test by starting the #TrumpIsDead hashtag, which began trending on Tuesday (Kali Hays/Insider)

Kali Hays / Insider:
SEC filing: Jack Dorsey has agreed to rollover his remaining 2.4% in Twitter, worth over $1B, into X Holdings, an amount Elon Musk won’t have to pay  —  – Dorsey left his second stint as CEO of Twitter last year.  — A co-founder of the platform and friend of Musk, he’s been supportive of the $44 billion takeover.

Kali Hays / Insider:
Sources: Twitter is leaving at least 12 international offices due to closures or not paying rent, including in Hong Kong, Mexico, Ghana, Australia, and India  —  – Twitter is leaving at least a dozen international offices due to closures or not paying rent.  — Hubs in Europe and even Twitter’s headquarters in Asia are shuttered.

David Gutman / The Seattle Times:
Meta receives a ~$24.7M fine, the maximum possible, after a Washington judge found it had intentionally violated campaign finance disclosure laws 822 times  —  Meta, Facebook’s parent company, was fined nearly $25 million Wednesday for intentionally and repeatedly violating Washington’s campaign finance laws.

Casey Newton / Platformer:
A Twitter HQ seating chart shows Elon Musk’s top five special projects: Blue verified, Blue for business, encrypted DMs, tips on tweets, and longform notes  —  After demanding the remaining Twitter employees pledge their loyalty, Musk’s product priorities are coming into focus  —  I. Extremely hardcore

Nilay Patel / The Verge:
“Welcome to hell, Elon:” Musk won’t be able to grow Twitter users and revenue without compromises and realizing that content moderation is the main product  —  You break it, you buy it. … Twitter is a disaster clown car company that is successful despite itself …

Nilay Patel / The Verge:
Q&A with Automattic CEO Matt Mullenweg on closing the Tumblr deal, profitability, content moderation, Apple’s rules, Twitter, lessons for Elon Musk, and more  —  What can Elon learn from Tumblr?  —  We have to talk about Twitter, right?  Elon Musk bought it.