Elon Musk’s takeover of Twitter: 5 latest developments so far

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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‘I realise many are angry with me… I apologize for that’: Twitter founder Jack Dorsey as Elon Musk begins layoffs

A day after Elon Musk-led Twitter began mass layoffs, firing half of the company’s 7,500 staff, the company’s founder Jack Dorsey apologized to the employees of the company and said that he took the “responsibility for why everyone is in this situation”. Dorsey tweeted: “Folks at Twitter past and present are strong and resilient. They […]

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Jack Dorsey says his biggest regret is Twitter became a company

Twitter founder and former chief executive Jack Dorsey tweeted Thursday that he regrets the social media platform became a company. “The biggest issue and my biggest regret is that it became a company,” Dorsey tweeted in response to a question about whether Twitter turned out the way he had envisioned. Dorsey stands to receive $978 […]

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Tesla CEO Elon Musk subpoenas former Twitter CEO and friend Jack Dorsey

Tesla CEO Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort to back out of his $44 billion agreement to acquire the company Dorsey helped found Tesla CEO Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort to back […]

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Musk seeks documents from Jack Dorsey in fight over Twitter deal

Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $44 billion deal for the social media company, according to a court filing. Dorsey, who resigned as Twitter’s chief executive in November and left the board […]

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Downdetector Twitter outage users reported disruptions like Meta Platforms Instagram last year

More than 27,000 users had reported outage of the service, according to Downdetector.com More than 27,000 users had reported outage of the service, according to Downdetector.com Twitter Inc said on Tuesday it had fixed issues after thousands of users reported that they were having trouble accessing the micro-blogging platform. (Sign up to our Technology newsletter, […]

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Weekly Crypto Roundup: new rules, severe report cards, and yet more hacks

Mainstream companies and regulators are feeling the ripples coming from the crypto industry Mainstream companies and regulators are feeling the ripples coming from the crypto industry As several crypto firms reported falling revenues in the second quarter of 2022, a growing number of traders are facing the ripple effect of the meltdown spreading from the crypto […]

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Jack Dorsey’s Block slows hiring, investment as Bitcoin plunge slams earnings

The former Twitter CEO’s company Block will slash its 2022 investment target by $250 million The former Twitter CEO’s company Block will slash its 2022 investment target by $250 million Jack Dorsey-led Block Inc said it has slowed hiring and will slash its 2022 investment target by $250 million, after a slump in Bitcoin prices […]

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Elon Musk files defense under seal as Twitter trial set for October 17

Twitter Inc.’s lawsuit against Elon Musk over a cancelled $44 billion buyout of the social media platform is set for a five-day trial starting October 17 in Delaware, with the billionaire filing his defense and counterclaims under seal. Delaware Chancery Court Judge Kathaleen St. J. McCormick set the trial date after Musk’s lawyers claimed Twitter […]

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From Web3 to Web5: How evolution of the internet is focused on data privacy

Web3 is buzzing with blockchain companies foraying into the idea of a decentralised internet. However, former Twitter CEO Jack Dorsey is taking the idea of Web3 to the next level by launching Web5, a combination of Web3 and Web2. Web5 is built on the Bitcoin blockchain, developed by The Block Head (TBH), one of the […]

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