Elon Musk’s tenure at Twitter got even bumpier on Thursday, as he reportedly told employees during an emergency all-hands meeting that he can’t rule out the company filing for bankruptcy in the next year. Musk made the announcement during the all-hands meeting after an employee asked about the company’s current run rate, according to both […]
Tag: musk
Musk to end Half of Twitter Jobs to Cut Costs
Elon Musk plans to eliminate about 3,700 jobs at Twitter Inc., or half of the social media company’s workforce, in a bid to drive down costs following his $44 billion acquisition, according to people with knowledge of the matter. Twitter’s new owner aims to inform affected staffers Friday, said the people, who requested anonymity discussing […]
Left meltdown over Musk Twitter takeover
Billionaire industrialist Elon Musk took over Twitter Thursday night and immediately fired several top executives, sending shockwaves throughout the social media platform. CEO Parag Agrawal, CFO Ned Segal and head of legal policy, trust, and safety Vijaya Gadde were all fired after Musk had accused them of misleading him and investors over the number of […]
Russia threatens to target Western satellites
Russian foreign ministry spokesman Konstantin Vorontsov this week threatened to target Western commercial satellites, like Telsa CEO Elon Musk’s Starlink, during a U.N. General Assembly meeting. Musk’s space exploration program, SpaceX, has donated roughly 20,000 Starlink satellites, for Kyiv’s use since Russia invaded Ukraine, at a cost that is expected to exceed $100 million by […]
Exec admits Twitter does not believe in Free Speech
A senior engineer at Twitter has admitted the social media giant has a strong left-wing bias and they routinely censor conservatives. Siru Murugesan was recorded saying the company culture is extremely far left where workers are ‘commie as f**k’ and they ‘hate, hate, hate’ Elon Musk’s $44billion takeover. In a shockingly frank conversation, filmed over […]
Musk says Twitter deal is on hold
Elon Musk said he is putting his bid to acquire Twitter (TWTR) on hold, weeks after agreeing to take the company private in a $44 billion deal. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted on Friday.The news initially sent Twitter […]
Elon Musk To Sell 10% Of Stock Based On Twitter Vote
Elon Musk’s Twitter followers weighed in this weekend on whether the Tesla CEO should sell 10% of his stock in the company. The Twitter poll, which garnered more than 3.5 million votes closed Sunday, with nearly 58% in favor of Musk’s proposition and more than 42% against the idea. Musk said he would abide by the results of the […]