But now, the fun and games are over and it is time for Elon Musk to prove that he can turn around the fortunes of the company amidst rising pressure from creditors and advertisers alike. As part of these efforts, Musk has announced a set of sweeping changes to the platform, including charging $8 for […]
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Twitter on Saturday updated its app in Apple’s App Store to begin charging $8 for sought-after blue check verification marks, in Elon Musk’s first major revision of the social media platform. The change comes a week after Musk took over the social media company in a $44 billion deal. The billionaire entrepreneur and CEO of […]
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Twitter Inc laid off half its workforce on Friday but said cuts were smaller in the team responsible for preventing the spread of misinformation, as advertisers pulled spending amid concerns about content moderation. Tweets by staff of the social media company said teams responsible for communications, content curation, human rights and machine learning ethics were […]
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The lawyer who sued Twitter Inc. “pre-emptively” on the eve of mass layoffs by Elon Musk said she’s “pleased” to learn at least some employees will continue being paid until Jan. 4. Attorney Shannon Liss-Riordan said Friday that the billionaire “is making an effort to comply” with the law, less than half a day after […]
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Twitter will tell employees by email on Friday about whether they have been laid off, temporarily closing its offices and preventing staff access, following a week of uncertainty about the company’s future under new owner Elon Musk. The social media company said in an email to staff that it will alert employees by 9 a.m. […]
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Elon Musk promised advertisers he would keep Twitter from turning into a “free-for-all hellscape.” This week, advertisers are beginning to demand details on how he plans to uphold the commitment. A media buyer at one major ad agency, who declined to be named for fear of reprisal, said the agency would meet with Musk this […]
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Ever since he took over as the CEO, Elon Musk has introduced a slew of changes in Twitter, including an $8 Blue subscription that’ll also fetch subscribers a blue tick. And the list of changes isn’t limited to the platform alone, as the CEO is also planning on a major restructuring of his company, with […]
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Elon Musk’s Vine revival: Soon after his acquisition of Twitter, Elon Musk has taken some major decisions at Twitter, including firing key staff members and reportedly changing how major Twitter aspects like platform verification will work. Musk has also reportedly asked Twitter’s engineers to look back at old Vine code to assess the possibility of […]
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SpaceX is targeting early December to launch its giant Starship rocket system into orbit for the first time, a pivotal demonstration flight as it aims to fly NASA astronauts to the moon in the next few years, a U.S. official said on Monday. Billionaire Elon Musk’s SpaceX has sought for years to send its towering […]
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Billionaire Elon Musk is already floating major changes for Twitter — and faces major hurdles as he begins his first week as owner of the social-media platform. Twitter’s new owner fired the company’s board of directors and made himself the board’s sole member, according to a company filing Monday with the Securities and Exchange Commission. […]
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