Elon Musk says he will step down as Twitter CEO after finding a replacement

Elon Musk says he will step down as Twitter CEO after finding a replacement

Elon Musk’s photo is seen through a Twitter logo. | Photo Credit: Reuters Elon Musk said on Tuesday, December 20, 2022, he will step down as chief executive of Twitter after finding a replacement. “I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will […]

Continue Reading
Elon Musk’s team seeks new funding for Twitter, says potential investor

Elon Musk’s team seeks new funding for Twitter, says potential investor

File photo of Twitter CEO Elon Musk | Photo Credit: AP Elon Musk’s team has reached out to investors to raise new funds for his struggling social media platform Twitter, one of the investors said. Ross Gerber, president and CEO at Gerber Kawasaki Wealth & Investment Management, told Reuters that he was contacted by a […]

Continue Reading
Elon Musk says he expects to find a new Twitter CEO ‘over time’

Elon Musk says he expects to find a new Twitter CEO ‘over time’

Elon Musk said Twitter is a software and servers company at its heart. | Photo Credit: Reuters Billionaire Elon Musk, who just took over as the chief executive at Twitter after buying the company, said he does not want to be the CEO of any company. Mr. Musk took the witness stand on Wednesday in […]

Continue Reading
Facing a tide of criticism, Elon Musk Is tweeting through it

Facing a tide of criticism, Elon Musk Is tweeting through it

Under pressure and facing a wave of criticism, Elon Musk has increasingly turned to his favorite release valve: Twitter. Since Saturday, Musk, the world’s richest man and the new owner of Twitter, has embarked on a tweeting spree so voluminous that he is on a pace to post more than 750 times this month, or […]

Continue Reading
Twitter lays off staff as Musk blames activists for ‘massive’ ad revenue drop

Twitter lays off staff as Musk blames activists for ‘massive’ ad revenue drop

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 […]

Continue Reading
Lawyer suing Twitter over layoffs says Musk trying to comply

Lawyer suing Twitter over layoffs says Musk trying to comply

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 […]

Continue Reading
Elon Musk is said to have ordered job cuts across Twitter

Elon Musk is said to have ordered job cuts across Twitter

Elon Musk planned to begin laying off workers at Twitter as soon as Saturday, four people with knowledge of the matter said, with some managers being asked to draw up lists of employees to cut. Musk, who completed a $44 billion deal to buy Twitter on Thursday, has ordered the cuts across the company, with […]

Continue Reading
Elon Musk Twitter takeover Live Updates: Twitter to form Content Moderation Council

Elon Musk Twitter takeover Live Updates: Twitter to form Content Moderation Council

Here are live updates from what is going on at Twitter after Elon Musk’s acquisition. (Image Source: Reuters) Elon Musk Twitter Live Updates: Twitter is now officially owned by Elon Musk, the world’s richest man. As expected the acquisition comes with full drama, with Musk sacking the CEO and three other executives to fake employees […]

Continue Reading
Elon Musk fires top Twitter executives including CEO Parag Agrawal

Elon Musk fires top Twitter executives including CEO Parag Agrawal

Elon Musk began his Twitter ownership by terminating Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and policy chief Vijaya Gadde Elon Musk began his Twitter ownership by terminating Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and policy chief Vijaya Gadde Elon Musk became Twitter’s new […]

Continue Reading
Elon Musk’s  billion Twitter deal gets board endorsement

Elon Musk’s $44 billion Twitter deal gets board endorsement

Mr. Musk reiterated his desire to move forward with the acquisition last week during a virtual meeting with Twitter employees Mr. Musk reiterated his desire to move forward with the acquisition last week during a virtual meeting with Twitter employees Twitter’s board has recommended unanimously that shareholders approve the proposed $44 billion sale of the […]

Continue Reading