Elon Musk’s 1st tweet after Twitter layoffs: ‘No choice when company losing…’
2 years, 2 months ago

Elon Musk’s 1st tweet after Twitter layoffs: ‘No choice when company losing…’

Live Mint  

Elon Musk, the new head of Twitter, has defended his move of sacking the company's almost 50% of its workforce. Companies are under increasing pressure to decide on whether to keep spending on Twitter after Musk took over the company last week and ushered in sweeping changes, including content moderation. Musk has also blamed the losses on a coalition of civil rights groups that has been pressing Twitter's top advertisers to take action if he did not protect content moderation. Yesterday Musk tweeted, "Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists. Senior executives including Vice President of Engineering Arnaud Weber also said their goodbyes on Twitter on Friday: "Twitter still has a lot of unlocked potentials but I'm proud of what we accomplished," he tweeted.

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History of this topic

Musk says US is demanding he pay penalty over disclosures of his Twitter stock purchases
3 weeks, 6 days ago

Musk says US is demanding he pay penalty over disclosures of his Twitter stock purchases

Associated Press  

DETROIT — Elon Musk says the Securities and Exchange Commission wants him to pay a penalty or face charges involving what he disclosed — or failed to disclose — about his purchases of Twitter stock before he bought the social media platform in 2022. In a letter posted by Musk on the platform now called X, his lawyer Alex Spiro …

Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges
Trending News
4 weeks ago

Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges

CNN  

New York CNN — Elon Musk apparently has one last battle to wage with outgoing Securities and Exchange Commission Chairman Gary Gensler. Musk posted a letter sent from his attorney Alex Spiro to Gensler in which he said that the agency demanded that Musk agree within 48 hours to pay a fine related to his failure to disclose his initial …

Oh Gary, how could you: Elon Musk mocks US body amid Twitter stock probe
4 weeks ago

Oh Gary, how could you: Elon Musk mocks US body amid Twitter stock probe

India Today  

Elon Musk reignited his ongoing dispute with the US Securities and Exchange Commission on Thursday by posting a letter on X, revealing that the US Securities and Exchange Commission has reopened its investigation into his brain-chip company, Neuralink. “Oh Gary, how could you do this to me?” Elon Musk said, addressing SEC Chair Gary Gensler in the post alongside a …

Elon Musk’s Twitter Takeover Set Off a Race to the Bottom
55 years ago

Elon Musk’s Twitter Takeover Set Off a Race to the Bottom

Wired  

In the final lead-up to the US presidential election, Elon Musk has thrown the full weight of his celebrity and his resources behind former president and Republican nominee Donald Trump. “In a race to the bottom, Elon Musk paved the way for a new, toxic tech basement,” says Nora Benavidez, senior counsel at the nonprofit Free Press. “Yet, as long …

Tesla CEO Wins Court Battle Over Social Media Post
2 months, 1 week ago

Tesla CEO Wins Court Battle Over Social Media Post

India TV News  

Tesla CEO Elon Musk was relieved in a court case related to his 2018 social media post. The case involved a tweet made on what was then known as Twitter during United Auto Workers organising efforts at a Tesla facility in Fremont, California. Musk tweeted against United Auto Workers, saying that he would vote against the union if they threatened …

Twitter brain drain: Academic exodus followed Elon Musk’s takeover
2 months, 2 weeks ago

Twitter brain drain: Academic exodus followed Elon Musk’s takeover

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk’s takeover of Twitter in 2022 triggered an exodus of academics from …

‘How Elon Musk Destroyed Twitter’ authors say platform is ‘a tool for controlling political discourse’
3 months, 4 weeks ago

‘How Elon Musk Destroyed Twitter’ authors say platform is ‘a tool for controlling political discourse’

LA Times  

Elon Musk’s ownership of Twitter is the subject of a new book, “Character Limit: How Elon Musk Destroyed Twitter,” out Sept. 17. On the Shelf Character Limit: How Elon Musk Destroyed Twitter By Kate Conger and Ryan Mac Penguin Press: 480 pages, $32 If you buy books linked on our site, The Times may earn a commission from Bookshop.org, whose …

Elon Musk sued by former Twitter board member Omid Kordestani over shares
4 months, 4 weeks ago

Elon Musk sued by former Twitter board member Omid Kordestani over shares

The Hindu  

X owner Elon Musk was sued by a former Twitter board member, Omid Kordestani, who said he was owed more than $20 million in shares that the billionaire had not given him, per The New York Times. In 2022, when billionaire Elon Musk proceeded to buy the social media platform for around $44 billion, Kordestani helped in the process. However, …

Elon Musk's X sues advertisers over alleged 'massive advertiser boycott' after Twitter takeover
5 months ago

Elon Musk's X sues advertisers over alleged 'massive advertiser boycott' after Twitter takeover

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk's social media …

Elon Musk beats $500m severance lawsuit by fired Twitter workers
6 months ago

Elon Musk beats $500m severance lawsuit by fired Twitter workers

Al Jazeera  

The US judge said the federal law governing benefit plans did not cover the former employees’ claims. United States District Judge Trina Thompson in San Francisco, California ruled on Tuesday that the federal Employee Retirement Income Security Act governing benefit plans did not cover the former employees’ claims, and therefore she lacked jurisdiction. The case is one of many accusing …

Elon Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit
6 months ago

Elon Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit

Hindustan Times  

Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying "all indications" show his delay was a mistake. Investors in the proposed class action said Musk and his wealth manager Jared Birchall knew a U.S. Securities and Exchange …

Elon Musk tries to walk back ‘go f*** yourself’ comments to woo advertisers who fled X
6 months, 3 weeks ago

Elon Musk tries to walk back ‘go f*** yourself’ comments to woo advertisers who fled X

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Last year, Elon Musk …

Elon Musk ‘secretly acquired’ Twitter stock before buying company, Morgan Stanley covered up: Report
7 months, 1 week ago

Elon Musk ‘secretly acquired’ Twitter stock before buying company, Morgan Stanley covered up: Report

Hindustan Times  

Elon Musk secretly acquired a major stake in Twitter in early 2022 before eventually buying the social media platform. The banker, who remains unidentified, offered Elon Musk and his business manager Jared Birchall regular updates on “trading strategies to avoid public detection” and “‘Money Saved’ by hiding these trades from the market,” the lawsuit showed. Elon Musk ended acquired a …

Supreme Court rejects Musk appeal over tweets that must be approved by Tesla
8 months, 1 week ago

Supreme Court rejects Musk appeal over tweets that must be approved by Tesla

The Hindu  

The Supreme Court has rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some tweets that relate to Tesla, the electric vehicle company he leads. The case stems from tweets Musk posted in 2018 in which he claimed he had secured funding to take Tesla private. It also …

From domestic violence to terrorism and war, social media is a thread that connects all the issues that now challenge us
8 months, 2 weeks ago

From domestic violence to terrorism and war, social media is a thread that connects all the issues that now challenge us

ABC  

It has become a standard, if unfortunate, part of Australian politics in recent years for politicians to pick up and run with some incident to crystallise public sentiment on an issue and let the media debate rage on it. Social media is a thread that has run through all these stories: from the misinformation and disinformation spread about the Bondi …

Elon Musk apologizes to Tesla employees: Sent ‘incorrectly low’ severance
8 months, 3 weeks ago

Elon Musk apologizes to Tesla employees: Sent ‘incorrectly low’ severance

Hindustan Times  

Elon Musk, the CEO of Tesla, informed employees via internal email on Wednesday that the company sent out severance packages that were too low to a number of laid-off workers this week. Elon Musk arrives at the Tenth Breakthrough Prize Ceremony at the Academy Museum of Motion Pictures in Los Angeles, California. After the company’s decline in sales last year, …

‘There is nothing I hate more, but it must be done’: Elon Musk to cut 14,000 jobs from Tesla
8 months, 3 weeks ago

‘There is nothing I hate more, but it must be done’: Elon Musk to cut 14,000 jobs from Tesla

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Electric vehicle powerhouse Tesla …

OpenAI's Sam Altman picks this lawyer to fight Elon Musk case
9 months, 4 weeks ago

OpenAI's Sam Altman picks this lawyer to fight Elon Musk case

Hindustan Times  

Elon Musk-Sam Altman lawsuit: OpenAI hired a law firm that Elon Musk earlier sued for $90 million to defend it against Tesla owner's recent case. Elon Musk had alleged that Microsoft-backed artificial intelligence company left its nonprofit mission to ensure that AI benefits humanity and is focussing on profit making, claims that OpenAI firmly denied. OpenAI said that Elon Musk …

Why is ex-Twitter CEO Parag Agrawal suing Elon Musk?
10 months ago

Why is ex-Twitter CEO Parag Agrawal suing Elon Musk?

Hindustan Times  

Parag Agrawal sues Elon Musk: Former Twitter CEO Parag Agrawal and three other ex-executives have suited company boss Elon Musk for $128 million in unpaid severance payments alleging that the billionaire showed "special ire" towards them by publicly vowing to withhold their severance payments of around $200 million. Parag Agrawal- Elon Musk: Former Twitter CEO Parag Agrawal has filed a …

Former Twitter executives sue Elon Musk over firings, seek more than $128 million in severance
10 months ago

Former Twitter executives sue Elon Musk over firings, seek more than $128 million in severance

Associated Press  

Former senior executives of Twitter are suing Elon Musk and X Corp., saying they are entitled to a total of more than $128 million in unpaid severance payments. Twitter’s former CEO Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Counsel Vijaya Gadde and General Counsel Sean Edgett claim in the lawsuit filed Monday that they were fired without a …

Ex-Twitter CEO Parag Agarwal, 3 others sue Elon Musk for $128 million in severance pay
10 months ago

Ex-Twitter CEO Parag Agarwal, 3 others sue Elon Musk for $128 million in severance pay

Hindustan Times  

Four ex-Twitter executives, including former Chief Executive Officer Parag Agrawal, sued company owner Elon Musk for allegedly stiffing them on more than $128 million in severance payments after they were ousted from the company. The former top officials said Musk showed “special ire” toward them after he took over the social-media platform in 2022, publicly vowing to withhold their severance …

Elon Musk's X shed 1,000 employees across team tasked to combat online hate
11 months, 4 weeks ago

Elon Musk's X shed 1,000 employees across team tasked to combat online hate

Hindustan Times  

Amid rise in "hateful and toxic" content on the platform, Elon Musk's X told an Australian watchdog that it has shed around 1,000 employees from its 'safety' team, which is responsible for stopping abusive content online. The online regulator said that Elon Musk's takeover of X, formerly Twitter, coincided with a spike in "toxicity and hate" on the platform. The …

Elon Musk said something very rude and mean to advertisers. It’s because he wants Twitter to die.
1 year, 1 month ago

Elon Musk said something very rude and mean to advertisers. It’s because he wants Twitter to die.

Slate  

What does Elon Musk want with Twitter? Yes, Musk had said he didn’t “care about the economics at all” and that buying Twitter was a matter of his ideological commitment to free speech. Antagonizing his old advertisers points in the exact same direction that Musk’s boring endorsement of antisemitism pointed: He is no longer interested in salvaging Twitter as a …

Elon Musk's X reprimanded after disinformation safety feature scrapped
1 year, 1 month ago

Elon Musk's X reprimanded after disinformation safety feature scrapped

ABC  

An independent committee has found that X, formerly Twitter, was in breach of Australia's voluntary misinformation and disinformation code, and has withdrawn it as a signatory. Key points: X removed the mechanism for reporting misinformation posted on its platform The ability to report misinformation is a key tenet of the ACPDM code The code is voluntary X removed the mechanism …

Did Elon Musk break Twitter – or did Twitter break him?
1 year, 1 month ago

Did Elon Musk break Twitter – or did Twitter break him?

The Independent  

The bad news for Ben Mezrich and his book about Elon Musk’s “most controversial corporate takeover in history” is that Hollywood has just paid several million dollars for an Elon Musk biopic, directed by Darren Aronofsky, based on Walter Isaacson’s biography of the world’s richest man. In October 2022, having leveraged a modest 9 per cent shareholding into a quixotic …

Elon Musk bought Twitter one year ago. Here’s everything he broke there.
1 year, 2 months ago

Elon Musk bought Twitter one year ago. Here’s everything he broke there.

Slate  

He didn’t want to, but Elon Musk closed his purchase of Twitter one year ago. The lawyers representing Twitter’s outgoing board of directors were better than Musk’s—or, maybe more accurately, had a close-to-ironclad case against a reputably brilliant billionaire who tried to call “backsies!” on a contract he’d inked. Related From Slate The Elon Effect Is Real: Twitter Users Are …

Twitter really is losing users under Elon Musk.
55 years ago

Twitter really is losing users under Elon Musk.

Slate  

This article is from Big Technology, a newsletter by Alex Kantrowitz. Since Musk bought Twitter in October 2022, it’s lost approximately 13 percent of its app’s daily active users, according to new data from mobile research firm Apptopia, and its rebrand as X only accelerated the decline. Under his stewardship, X’s daily user base has declined from an estimated 140 …

Commentary: Elon Musk bought Twitter just to break it. With a new war, we’re paying the price
1 year, 3 months ago

Commentary: Elon Musk bought Twitter just to break it. With a new war, we’re paying the price

LA Times  

It’s been nearly a year since Elon Musk acquired Twitter, and more than the average landlord, he’s made some changes to the storefront: replacing the social media platform’s cheerful winged mascot with an ominous “X,” stripping all but paying subscribers of verified status, and turning it from a frenetic crossroads of breaking news and opinion to a playground for falsehoods …

Twitter's head of safety was scared of Elon Musk if they ended on bad terms, left without severance
1 year, 3 months ago

Twitter's head of safety was scared of Elon Musk if they ended on bad terms, left without severance

India Today  

When Elon Musk took over Twitter last year, a lot was written about how he was shaking up things inside the Twitter headquarters and began firing people left, right and center. Several Twitter employees also stepped down voluntarily under Musk’s rule and Twitter’s head of safety, Yoel Roth, was one of them. According to Elon Musk’s biography that was launched …

U.S. ad revenue at Elon Musk's X declined each month since takeover: Report
1 year, 3 months ago

U.S. ad revenue at Elon Musk's X declined each month since takeover: Report

The Hindu  

Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought the company formerly known as Twitter in October 2022, according to third-party data provided to Reuters. X's chief executive, Linda Yaccarino, is expected to meet on Thursday with bank lenders who helped finance Musk's acquisition to outline the …

U.S. regulators seek to compel Elon Musk to testify in Twitter acquisition investigation
1 year, 3 months ago

U.S. regulators seek to compel Elon Musk to testify in Twitter acquisition investigation

LA Times  

The SEC said in a filing that Elon Musk failed to appear for testimony on Sept. 15 despite an investigative subpoena. The Securities and Exchange Commission said Thursday that it is seeking a court order that would compel Elon Musk to testify as part of an investigation into his purchase of Twitter, now called X. But “two days before his …

Elon Musk must face fraud lawsuit for disclosing Twitter stake late
1 year, 3 months ago

Elon Musk must face fraud lawsuit for disclosing Twitter stake late

The Hindu  

Elon Musk was ordered by a US judge to face most of a lawsuit claiming he defrauded former Twitter shareholders last year by waiting too long to disclose that he had invested in the social media company, which he later bought and renamed X. In a decision made public on Monday, US District Judge Andrew Carter said shareholders in the …

Elon Musk-owned X will be ‘turning a profit’ in early 2024, says CEO Linda Yaccarino
1 year, 3 months ago

Elon Musk-owned X will be ‘turning a profit’ in early 2024, says CEO Linda Yaccarino

Live Mint  

Social media giant X could become profitable by the start of 2024, CEO Linda Yaccarino has confirmed in an appearance at Vox Media's Code conference. Speaking about the roadmap of profitability for X, Yaccarino said, "Now that I have immersed myself in the business, and we have a good set of eyes on what is predictable, what's coming is that …

Elon Musk-owned X could turn a profit by 2024: CEO Linda Yaccarino
1 year, 3 months ago

Elon Musk-owned X could turn a profit by 2024: CEO Linda Yaccarino

Hindustan Times  

Social media platform X could turn a profit in early 2024, Chief Executive Officer Linda Yaccarino said on Wednesday, during a wide-ranging interview in which she defended the company's progress under billionaire owner Elon Musk. X Chief Executive Officer Linda Yaccarino The appearance at Vox Media's Code conference comes as Yaccarino marked 100 days as CEO of the platform formerly …

Elon Musk’s X finally agrees to try and settle Twitter’s mass layoffs lawsuit
1 year, 3 months ago

Elon Musk’s X finally agrees to try and settle Twitter’s mass layoffs lawsuit

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk’s X has agreed to attempt to settle a lawsuit by former …

US says Elon Musk should not be immune to testifying about the former Twitter.
1 year, 3 months ago

US says Elon Musk should not be immune to testifying about the former Twitter.

The Hindu  

The US government says the former Twitter's request to end oversight of its data privacy and security practices is “meritless” and owner Elon Musk should not be immune to testifying about the company since he has “first-hand knowledge” of the conduct being investigated. The company's July filing seeks relief from the consent order, saying that the FTC's investigation has “spiralled …

Elon Musk sacked Parag Agarwal as Twitter CEO because…
1 year, 4 months ago

Elon Musk sacked Parag Agarwal as Twitter CEO because…

Hindustan Times  

Parag Agarwal, who lost his job as Twitter CEO days after Elon Musk's October 2022 acquisition of the social media giant, was sacked because Agarwal, Musk opined, was not a ‘fire-breathing dragon,’ a new book has revealed. Elon Musk and Parag Agarwal The book, a biography of the billionaire titled after him, is authored by Walter Isaacson and is set …

The Real Story of Musk’s Twitter Takeover
1 year, 4 months ago

The Real Story of Musk’s Twitter Takeover

Live Mint  

In April 2022, things were going surprisingly well for Elon Musk. “Fixing Twitter by chatting with Parag won’t work," Musk answered. ‘I made an offer.’ Musk says that it became clear to him when he got to Hawaii that he would not be able to fix Twitter or turn it into X.com by going on the board: “I decided I …

Elon Musk reveals Twitter takeover driven by 'woke mind virus' that infected his trans daughter
1 year, 4 months ago

Elon Musk reveals Twitter takeover driven by 'woke mind virus' that infected his trans daughter

The Telegraph  

The purpose of the trip was to introduce their son, X, to her parents. Back in the hotel, Mr Musk texted his decision to Mr Taylor “I have decided to move forward with taking Twitter private.” The tycoon unwound by playing a video game until 5.30am, before tweeting: “I made an offer.” Mr Musk then set about trying to find …

Vivek Ramaswamy wants Musk as adviser, says, ‘he laid off 75% Twitter staff’
1 year, 4 months ago

Vivek Ramaswamy wants Musk as adviser, says, ‘he laid off 75% Twitter staff’

Live Mint  

2024 US President Elections: Indian-American Republican presidential candidate Vivek Ramaswamy has indicated that he would like Elon Musk to be an adviser in his administration if he gets elected as the US president next year. “I’ve enjoyed getting to know better, Elon Musk recently, I expect him to be an interesting adviser of mine because he laid off 75 percent …

Elon Musk blocks James Woods on Twitter after weekend spat
1 year, 4 months ago

Elon Musk blocks James Woods on Twitter after weekend spat

The Independent  

Get our free weekly email for all the latest cinematic news from our film critic Clarisse Loughrey Get our The Life Cinematic email for free Get our The Life Cinematic email for free SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk has blocked actor James Woods …

Elon Musk: Twitter will not cut earnings for most users
1 year, 5 months ago

Elon Musk: Twitter will not cut earnings for most users

India TV News  

Elon Musk, the owner of X, recently introduced an ad revenue-sharing program to help creators earn money from their tweets. Musk expressed his discontent with Apple's 30% fee for in-app purchases made through the Twitter app on iOS devices during the first year, which reduces to 15% for subsequent years. Image Source : X APPElon Musk's Tweet X's new creator …

"Straight out of the authoritarian playbook": Hate speech watchdog sued by Musk's X hits back
1 year, 5 months ago

"Straight out of the authoritarian playbook": Hate speech watchdog sued by Musk's X hits back

Salon  

This article originally appeared at Common Dreams. The internet watchdog Center for Countering Digital Hate hit back at billionaire Elon Musk Tuesday after X—his company formerly known as Twitter—sued the organization over its research into the dissemination of hate speech on the social media platform. In a complaint filed Monday in the U.S. District Court for Northern California in San …

Elon Musk threatens to sue researchers who documented the rise in hateful tweets
1 year, 5 months ago

Elon Musk threatens to sue researchers who documented the rise in hateful tweets

The Hindu  

X, the social media platform formerly known as Twitter, has threatened to sue a group of independent researchers whose research documented an increase in hate speech on the site since it was purchased last year by Elon Musk. An attorney representing the social media site wrote to the Center for Countering Digital Hate on July 20 threatening legal action over …

How is Elon Musk as a boss? Ex-Twitter employee reveals details. See post
1 year, 5 months ago

How is Elon Musk as a boss? Ex-Twitter employee reveals details. See post

Live Mint  

Fired Twitter product manager Esther Crawford, whose picture sleeping in a Twitter office late last year made her a viral sensation, shared her thoughts about Elon Musk, about the social media giant in a lengthy post at X. Crawford sold her startup to Twitter in 2020. Before Elon Musk's take over, Crawford said Twitter often felt ‘siloed’ and ‘bureaucratic’. ELON …

Column: Elon Musk has replaced Twitter with X — and an actual business with science fiction
1 year, 5 months ago

Column: Elon Musk has replaced Twitter with X — and an actual business with science fiction

LA Times  

Before Elon Musk entered the picture, Twitter had a real, and mostly sustainable business model. A reporter for TechCrunch, a website famous for reflecting Silicon Valley optimism, wrote, simply, “It’s trash.” The tech world spent the following days trying to read the tea leaves, to game out Musk’s plans and motives for overhauling — some would say desecrating — one …

Twitter owes ex-employees $500 million in severance, lawsuit claims
1 year, 5 months ago

Twitter owes ex-employees $500 million in severance, lawsuit claims

Live Mint  

Twitter is facing a second lawsuit claiming it owes at least $500 million in severance pay to former workers. The proposed class action filed by former Twitter senior engineer Chris Woodfield also alleges that the company targeted older workers for layoffs, though the complaint does not state his age. According to the lawsuit, Woodfield signed an agreement to arbitrate work-related …

Elon Musk is ‘distracted’, a ‘top risk’ for Tesla, say investors: Report
1 year, 5 months ago

Elon Musk is ‘distracted’, a ‘top risk’ for Tesla, say investors: Report

Hindustan Times  

Right on cue, Tesla Inc. skeptics are pushing back after this year's sizzling $500 billion rally. Tesla CEO Elon Musk said July 15 that the social media platform he bought for $44 billion last October has lost roughly half of its advertising revenue. Rival automakers pouncing on booming demand for electric vehicles pose the biggest challenge for Tesla over the …

Laid-off Twitter Africa team ‘ghosted’ without severance pay or benefits, former employees say
1 year, 5 months ago

Laid-off Twitter Africa team ‘ghosted’ without severance pay or benefits, former employees say

CNN  

Nairobi, Kenya CNN — Former employees of Twitter Africa who were laid off as part of a global cost-cutting measure after Elon Musk’s acquisition have not received any severance pay more than seven months since leaving the company, several sources told CNN. In late May, the former employees, who were based in the Ghanaian capital Accra, accepted Twitter’s offer to …

Elon Musk says Twitter has lost half its advertising revenue
1 year, 5 months ago

Elon Musk says Twitter has lost half its advertising revenue

The Hindu  

Twitter has lost roughly half of its advertising revenue, according to owner Elon Musk, since he bought the social media platform for $44 billion last October. Earlier this month, Musk announced that Twitter was limiting verified accounts to reading 10,000 tweets a day, in a bid "to address extreme levels of data scraping" and "system manipulation" by third-party platforms. Twitter …

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