The takeover of the social app, which has been struggling for years to revive growth amid worries about the spread of fake news and hate speech on its platform, by the world’s richest man, a free speech absolutist, has raised both hopes and concerns about its future The takeover of the social app, which has […]
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“Is Twitter dying?” billionaire Elon Musk mused in April, five days before offering to buy the social media platform. The reality, according to internal Twitter research seen by Reuters, goes far beyond the handful of examples of celebrities ghosting their own accounts. Twitter is struggling to keep its most active users – who are vital […]
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The banks providing $13 billion in financing for Tesla CEO Elon Musk’s acquisition of Twitter Inc have abandoned plans to sell the debt to investors because of uncertainty around the social media company’s fortunes and losses, people familiar with the matter said. The banks are not planning to syndicate the debt as is typical with […]
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Twitter Inc on Thursday clarified to staff that there are no plans for company-wide layoffs since it signed a deal to be acquired by billionaire Elon Musk, after a media outlet reported that Musk is considering layoffs at the company. Twitter General Counsel Sean Edgett emailed employees on Thursday saying the company does not plan […]
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News that Elon Musk has agreed to proceed with his $44 billion deal to buy Twitter after all may feel like a big surprise News that Elon Musk has agreed to proceed with his $44 billion deal to buy Twitter after all may feel like a big surprise News that Elon Musk has agreed after […]
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On Tuesday, Zatko’s testimony before the Senate Judiciary Committee revealed Twitter’s security issues could be far more serious On Tuesday, Zatko’s testimony before the Senate Judiciary Committee revealed Twitter’s security issues could be far more serious The FBI informed Twitter Inc. of at least one Chinese agent working at the company, U.S. Senator Chuck Grassley […]
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A former Twitter Inc executive turned whistleblower is set to testify on Tuesday before a U.S. Senate committee about his claims of serious security lapses at the social media network. A deadline for Twitter shareholders to vote on Elon Musk’s deal to buy the company also falls on Tuesday. The testimony of Peiter “Mudge” Zatko, […]
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Former Disney CEO Bob Iger said on Wednesday the entertainment giant had determined that a “substantial portion” of Twitter’s users were “not real” in 2016, when Disney was weighing a purchase of the social network. Iger said the Walt Disney Co and Twitter Inc boards were prepared to enter negotiations when he got cold feet. […]
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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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Elon Musk said Saturday his planned $44 billion takeover of Twitter should move forward if the company can confirm some details about how it measures whether user accounts are ‘spam bots’ or real people. The billionaire and Tesla CEO has been trying to back out of his April agreement to buy the social media company, […]
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