Journalist Suspensions Widen Rift between Twitter and Media

26 April 2022, Bavaria, Kempten: The logo of Twitter is seen on the display of a laptop. (dpa)
26 April 2022, Bavaria, Kempten: The logo of Twitter is seen on the display of a laptop. (dpa)
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Journalist Suspensions Widen Rift between Twitter and Media

26 April 2022, Bavaria, Kempten: The logo of Twitter is seen on the display of a laptop. (dpa)
26 April 2022, Bavaria, Kempten: The logo of Twitter is seen on the display of a laptop. (dpa)

Elon Musk's abrupt suspension of several journalists who cover Twitter widens a growing rift between the social media site and media organizations that have used the platform to build their audiences.

Individual reporters with The New York Times, The Washington Post, CNN, Voice of America and other news agencies saw their accounts go dark Thursday, The Associated Press said.

Musk tweeted late Friday that the company would lift the suspensions following the results of a public poll on the site. The poll showed 58.7% of respondents favored a move to immediately unsuspend accounts over 41.3% who said the suspensions should be lifted in seven days.

The company has not explained why the accounts were taken down. But Musk took to Twitter on Thursday night to accuse journalists of sharing private information about his whereabouts, which he described as “basically assassination coordinates.” He provided no evidence for that claim.

Many advertisers abandoned Twitter over content moderation questions after Musk acquired it in October, and he now risks a rupture with media organizations, which are among the most active on the platform.

Most of the accounts were back early Saturday, with some exceptions and at least one new suspension.

Washington Post reporter Taylor Lorenz confirmed in an email to The Associated Press that her Twitter account was suspended Saturday evening. Her online newsletter published on Substack said she was working on a story involving Musk and had sought comment from him through a Twitter post shortly before her account was suspended.

Business Insider's Linette Lopez was suspended Friday, also with no explanation, she told The Associated Press. Lopez published a series of articles between 2018 and 2021 highlighting what she called dangerous Tesla manufacturing shortcomings.

Shortly before being suspended, she said she had posted court-related documents to Twitter that included a 2018 Musk email address. That address is not current, Lopez said, because “he changes his email every few weeks."

On Tuesday, she posted a 2019 story about Tesla troubles, commenting, “Now, just like then, most of @elonmusk’s wounds are self inflicted.”

The same day, she cited reports that Musk was reneging on severance for laid-off Twitter employees, threatening workers who talk to the media and refusing to make rent payments. Lopez described his actions as “classic Elon-going-for-broke behavior.”

Steve Herman, a national correspondent for Voice of America, told The Associated Press that his suspended Twitter account still hadn't been fully restored as of Saturday afternoon because of his refusal to delete three tweets that the company flagged for purportedly sharing Musk's whereabouts. Although Herman's Twitter timeline is now visible to most users, he said he can't see it himself nor can he post anything new until he removes the tweets that the company contends violate its revised terms of service.

“I am in a new level of purgatory," Herman said. “I do not believe anything I have tweeted violated any reasonable standard of any social media platform."
Alarm over the suspensions extended beyond media circles to the United Nations, which was reconsidering its involvement in Twitter.

The move sets “a dangerous precedent at a time when journalists all over the world are facing censorship, physical threats and even worse," UN spokesman Stephane Dujarric said.

The reporters' suspensions followed Musk’s decision Wednesday to permanently ban an account that automatically tracked the flights of his private jet using publicly available data. That also led Twitter to change its rules for all users to prohibit the sharing of another person’s current location without their consent.

Several of the reporters suspended Thursday night had been writing about the new policy and Musk's rationale for imposing it, which involved his allegations about a stalking incident he said affected his family Tuesday night in Los Angeles.

The official Twitter account for Mastodon, a decentralized alternative social network where many Twitter users are fleeing, was also banned. The reason was unclear, though it had tweeted about the jet-tracking account. Twitter also began preventing users from posting links to Mastodon accounts, in some cases flagging them as potential malware.

“This is of course a bald-faced lie,” cybersecurity journalist Brian Krebs posted.

Explaining the reporter bans, Musk tweeted, “Same doxxing rules apply to ‘journalists’ as to everyone else."

He later added: “Criticizing me all day long is totally fine, but doxxing my real-time location and endangering my family is not.”

" Doxxing ” refers to disclosing someone’s identity, address, phone number or other personal details that violate their privacy and could bring harm.

The Washington Post’s executive editor, Sally Buzbee, said technology reporter Drew Harwell “was banished without warning, process or explanation” following the publication of accurate reporting about Musk.

CNN said in a statement that “the impulsive and unjustified suspension of a number of reporters, including CNN’s Donie O’Sullivan, is concerning but not surprising.”
“Twitter’s increasing instability and volatility should be of incredible concern for everyone who uses Twitter,” the statement added.

Another suspended journalist, Matt Binder of the technology news outlet Mashable, said he was banned Thursday night immediately after sharing a screenshot that O’Sullivan had posted before his own suspension.

The screenshot showed a statement from the Los Angeles Police Department sent earlier Thursday to multiple media outlets, including the AP, about how it was in touch with Musk's representatives about the alleged stalking incident.

Binder said he did not share any location data or any links to the jet-tracking account or other location-tracking accounts.

“I have been highly critical of Musk but never broke any of Twitter’s listed policies,” Binder said in an email.

The suspensions come as Musk makes major changes to content moderation on Twitter. He has tried, through the release of selected company documents dubbed “The Twitter Files,” to claim the platform suppressed right-wing voices under its previous leaders.

He has promised to let free speech reign and has reinstated high-profile accounts that previously broke Twitter's rules against hateful conduct or harmful misinformation. He has also said he would suppress negativity and hate by depriving some accounts of “freedom of reach.”

Opinion columnist Bari Weiss, who tweeted out some of “The Twitter Files,” called for the suspended journalists to be reinstated.

“The old regime at Twitter governed by its own whims and biases and it sure looks like the new regime has the same problem,” she tweeted “I oppose it in both cases.”

If the suspensions lead to the exodus of media organizations that are highly active on Twitter, the platform would be changed at the fundamental level, said Lou Paskalis, longtime marketing and media executive and former Bank of America head of global media.

CBS briefly shut down its activity on Twitter in November due to “uncertainty” about new management, but media organizations have largely remained on the platform.

“We all know news breaks on Twitter ... and to now go after journalists really saws at the main foundational tent pole of Twitter,” Paskalis said. “Driving journalists off Twitter is the biggest self-inflicted wound I can think of.”

The suspensions may be the biggest red flag yet for advertisers, Paskalis said, some of which had already cut their spending on Twitter over uncertainty about the direction Musk is taking the platform.

“It is an overt demonstration of what advertisers fear the most — retribution for an action that Elon doesn’t agree with," he added.

On Thursday night, Twitter's Spaces conference chat went down shortly after Musk abruptly signed out of a session hosted by a journalist during which he had been questioned about the reporters' ousting. Musk later tweeted that Spaces had been taken offline to deal with a “Legacy bug.” Late Friday, Spaces returned.

Advertisers are also monitoring the potential loss of Twitter users. Twitter is projected to lose 32 million users over the next two years, according to a forecast by Insider Intelligence, which cited technical issues and the return of accounts banned for offensive posts.

Meanwhile, some Twitter alternatives are gaining momentum.

Mastodon on Friday had more than 6 million users, nearly double the 3.4 million it had on the day Musk took ownership of Twitter. On many of the thousands of confederated networks in the open-source Mastodon platform, administrators and users solicited donations as disaffected Twitter users strained computing resources. Many of the networks, known as “instances,” are crowd-funded. The platform is designed to be ad-free.



Binance Hackers Used Fake Job Interview in $6.3 Billion Attack

The Binance logo and hacker code are seen in this illustration taken October 30, 2026. (Reuters)
The Binance logo and hacker code are seen in this illustration taken October 30, 2026. (Reuters)
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Binance Hackers Used Fake Job Interview in $6.3 Billion Attack

The Binance logo and hacker code are seen in this illustration taken October 30, 2026. (Reuters)
The Binance logo and hacker code are seen in this illustration taken October 30, 2026. (Reuters)

Hackers used a bogus job interview and software hidden in an advertisement to compromise the computers of two Binance software engineers before using a third's computer to drain $6.3 billion worth of crypto in last week's record heist, the exchange said on Tuesday.

In its initial report on how hackers pulled off what could be the largest-ever financial theft, Binance detailed a multi-stage hacking endeavor that began in June and set off a series of security breaches culminating in the theft on Thursday.

Even as Binance scrambled to lock down its system and freeze withdrawals after detecting the attack late on Thursday, the hackers were still making off with crypto from the exchange nearly four hours after the first theft, Binance said.

The FBI has blamed a North Korean hacking group, a claim North Korea has rejected. ‌Binance has said it ‌is repaying all customers whose funds were stolen.

The attack has raised questions about ‌how ⁠hackers breached the world's ⁠largest crypto exchange after years of North Korea-linked attacks, which have grown in ambition and frequency, and renewed questions about the vulnerability of digital assets to cybercrime.

Cybersecurity experts and government officials have for years warned about North Korean and other hackers using phony job interviews to target employees at companies of interest, said Michael Barnhart, a researcher with cybersecurity firm DTEX. Fake job interviews are a well-known hacking technique.

Binance said it had detected and prevented 57 suspected North Korea-linked cyberthreats in 2026. That shows Binance is “just getting barraged,” Barnhart said.

"This should not have happened, and we apologize for the concern, disruption and uncertainty it caused our users, partners ⁠and the wider industry," Binance said in its report.

LEFT EXPOSED

Binance said the attack ‌began in June when an employee on its wallet developer team downloaded ‌a tool from the internet that hackers had tampered with. The exchange said it detected this afterwards, replaced the device and changed ‌credentials, but the employee's role and those of others on the wallet team were exposed.

A person familiar with the ‌incident said the tool's malicious version had been placed in an advertisement, which meant it appeared higher in a search engine than the real version.

Then in September, a second software engineer seeking a new job downloaded a "malicious code repository" onto the person's computer after interviewing for what they thought was a legitimate role, including meeting virtually with the CEO of a fictitious company, Binance's report said.

On October 20, ‌the attacker used the compromised computer plus an internal AI tool to gain control of the wallet developer's system and that of a second wallet developer.

Nine days later, ⁠the attacker used the second ⁠wallet developer's computer, with stolen credentials from the first wallet developer, and triggered a malicious script to launch the attack.

A limited number of engineers at the company have direct access to wallets — which store or trade crypto — the person familiar with the hack said.

CRYPTO REMOVED IN MINUTES

The attack unfolded quickly on October 29, removing 233.46 million XRP — a cryptocurrency — from five Binance hot, or internet-connected, wallets to an attacker-controlled address in just four minutes, before attackers withdrew other cryptocurrencies including bitcoin, the exchange said in its report.

Binance said it received an internal alert about large transfers and began investigating. It moved to suspend withdrawals, freeze affected tokens and remove unauthorized permissions, resulting in about $2.85 billion of frozen assets, but suspending withdrawals alone could not stop all unauthorized asset movements.

Attackers used 50 signing transactions to manipulate the account, while Binance said it was forced to build new procedures to revoke authorizations, slowing its response.

The final unauthorized transfer was at 2356 GMT, Binance said, nearly four hours after the attack began.

Binance said as a result of the hack, it was increasing investment in AI-enabled detection and working on establishing a security research fund and targeted initiatives with leading AI companies.


Big-Ticket Tech Deals Need to Keep Pace with AI Boom but Risks Remain High, Financial Leaders Say

David Solomon, Chairman and Chief Executive Officer of Goldman Sachs, speaks during the Global Financial Leaders' Investment Summit in Hong Kong, China, November 3, 2026. (Reuters)
David Solomon, Chairman and Chief Executive Officer of Goldman Sachs, speaks during the Global Financial Leaders' Investment Summit in Hong Kong, China, November 3, 2026. (Reuters)
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Big-Ticket Tech Deals Need to Keep Pace with AI Boom but Risks Remain High, Financial Leaders Say

David Solomon, Chairman and Chief Executive Officer of Goldman Sachs, speaks during the Global Financial Leaders' Investment Summit in Hong Kong, China, November 3, 2026. (Reuters)
David Solomon, Chairman and Chief Executive Officer of Goldman Sachs, speaks during the Global Financial Leaders' Investment Summit in Hong Kong, China, November 3, 2026. (Reuters)

Tech companies will need to raise more capital to help meet the enormous demand for the AI industry's growth boom, but there is a risk of an industry correction, global financial leaders said on Tuesday.

Tech stocks globally have faced pressure in recent weeks as growing concerns about AI spending trigger a new wave of selloffs, with combined spending set to exceed $730 billion this year, up from about $700 billion.

Most of the major tech companies were expected to raise more capital to keep up with the enormous likely demand from the AI industry's growth, said Jon Gray, president of Blackstone, which is an active investor in AI infrastructure.

"Now you're in an environment where the demand's running well ahead of supply," Gray said at an investment gathering in Hong Kong, citing "pretty extraordinary" demand for computing power.

"So that gives me a lot of comfort," he added. "Meta and Google and ‌Oracle raising equity ... ‌SpaceX going public, Anthropic going public," Gray said.

"On top of it ... the data centers, the ‌energy ⁠needs are enormous."

STRONG COMPANIES ⁠WITH 'GOOD STORIES'

Despite some AI-related market upheavals, strong companies with "good stories" would still be able to raise capital, though the industry's strong growth could create volatility for investors, said Goldman Sachs Chief Executive David Solomon.

"But things will go wrong too, and we'll get things wrong," he added at the event, the Hong Kong Monetary Authority's Global Financial Leaders' Investment Summit.

"Investors will find situations where they pick wrong, where they lose money ... It's important to have a balanced, diversified view."

JPMorgan Vice Chairman Daniel Pinto said he was bullish on AI, but the market was pricing in revenue and earnings growth for related companies that was too steep.

"I do believe that it has a positive, slow curve and ⁠it may not be as steep as the market is pricing," he said.

"So I think that ‌it could be a correction in the AI sector," he said, adding that ‌other firms with high valuations related to AI could come under pressure as the industry started to recalibrate its expectations.

Last month, S&P said it ‌expected the top six US hyperscalers - Amazon, Microsoft, Alphabet, Oracle, Meta and SpaceX - to spend more than $7 trillion on data centers ‌and other AI-related capex between 2025 and 2030, while having negative free cash flow until at least next year.

Citadel Securities Chief Executive Peng Zhao said the sheer scale of capital and growth in AI was proving difficult for some investors to value correctly, which was adding to volatility in the sector.

"Our ability to really know what this technology will do and its revenue potential is very, very limited due to the fact that we've ‌never seen anything like this," he said.

"It's not so much that people all of a sudden develop a bearish view of what the technology can accomplish, but it's rather the ⁠sudden realization that we can ⁠only know so much ... the numbers involved are so huge."

Morgan Stanley Chief Executive Ted Pick flagged emerging early signs of US markets edging close to a correction, with a majority of stocks in major indices off nearly 10%.

The latest test of investor appetite is a sale of €6 billion ($6.7 billion) in bonds on Monday by Google parent Alphabet .

ASIA-PAC TECH FUNDRAISING MORE THAN TRIPLED

Fundraising by Asia-Pacific tech companies more than tripled to $125.8 billion in the first three quarters of 2026 from $36 billion a year earlier.

The growth was driven by a wave of semiconductor and AI-related deals, such as Chinese chipmaker CXMT’s $9.8-billion IPO and Enflame Technology's $910.6-million listing, LSEG data shows.

Alphabet, Amazon, Microsoft and Meta have signaled that spending on AI will not slow.

In one of the largest debt deals tied to the AI buildout,

Blackstone agreed last week to provide financing of $63 billion with Bank of America, Citi and Morgan Stanley to buy Broadcom's AI chips and networking gear for Anthropic.

The rising cost of capital and some of today's skepticism will slow the pace, however, Gray added.

"But the overall trend is towards greater investment and therefore more needs for multiple forms of capital."

Emmanuel Roman, CEO of asset manager PIMCO, said AI financing deals are attractive, with more coming for the firm.


OpenAI Hires Former US Army Secretary for National Security Role

A person stands next to the logo of ChatGPT, an AI-powered chatbot by OpenAI at Bharat Mandapam, one of the venues for AI Impact Summit, in New Delhi, India, February 17, 2026. (Reuters)
A person stands next to the logo of ChatGPT, an AI-powered chatbot by OpenAI at Bharat Mandapam, one of the venues for AI Impact Summit, in New Delhi, India, February 17, 2026. (Reuters)
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OpenAI Hires Former US Army Secretary for National Security Role

A person stands next to the logo of ChatGPT, an AI-powered chatbot by OpenAI at Bharat Mandapam, one of the venues for AI Impact Summit, in New Delhi, India, February 17, 2026. (Reuters)
A person stands next to the logo of ChatGPT, an AI-powered chatbot by OpenAI at Bharat Mandapam, one of the venues for AI Impact Summit, in New Delhi, India, February 17, 2026. (Reuters)

OpenAI has appointed former US Army secretary Dan Driscoll to a newly created role focused on advancing the use of artificial intelligence in national security, the company said on Monday.

Driscoll will join OpenAI as senior counselor for national security and will "advise on how advanced AI can strengthen national and cyber security," according to a company statement.

Driscoll stepped down from his US Army post in September following reports of tensions with Defense Secretary Pete Hegseth.

"I'm joining OpenAI to help the United States and our allies put this technology to work responsibly, for the people who keep us safe," Driscoll said in OpenAI's announcement.

"The people who serve deserve the very best tools we can put in their hands," he said, adding that AI can help process information and reduce paperwork.