[ad_1] Twitter Inc’s new CEO Elon Musk said on Sunday the social media platform’s mission was to become the most accurate source of information about the world, sparking debate about how it would achieve that and who determines what is accurate. A flurry of drastic measures including sacking half the staff and charging users that […]
Continue Reading
[ad_1] Elon Musk said on Sunday Twitter users engaging in impersonation without clearly specifying it as a “parody” account will be permanently suspended without a warning. In a separate tweet, Musk said Twitter previously issued a warning before suspension, but as Twitter is rolling out widespread verification, there will be no warning as well as […]
Continue Reading
[ad_1] U.S. billionaire Elon Musk became Twitter Inc’s owner on Thursday, firing top executives and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform. Here’s what people are saying about the purchase. STEVE JOHNSON, CHIEF INVESTMENT OFFICER, FORAGER FUNDS MANAGEMENT, SYDNEY: “It’s been a […]
Continue Reading
[ad_1] 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 […]
Continue Reading
[ad_1] Twitter Inc is not looking at company-wide layoffs but could likely continue to restructure the business, the social media company said in a filing on Wednesday. The filing comes a day after Twitter sued Tesla Inc Chief Executive Elon Musk for violating his $44 billion deal to buy the company and asked a Delaware […]
Continue Reading
[ad_1] Twitter Inc has a strong legal case against Elon Musk walking away from his $44 billion deal to acquire the U.S. social media company but could opt for a renegotiation or settlement instead of a long court fight, according to legal experts. Delaware courts, where the dispute between the two sides is set to […]
Continue Reading
[ad_1] Elon Musk’s attempt to walk away from his $44 billion Twitter Inc. buyout will turn on a three-word phrase that’s sometimes asserted in busted mergers — but rarely passes muster with judges. “Material Adverse Effect” was cited by Musk’s lawyers in a regulatory filing Friday which argued that undisclosed information about bots on the […]
Continue Reading
[ad_1] Since Elon Musk’s deal to acquire Twitter became public last week, the Tesla co-founder has been busy posting all of his ideas on what he intends to do with the platform. Musk has insisted that Twitter has immense potential and he is determined to ‘unlock’ this with his own take on how the social […]
Continue Reading