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The US work culture is so broken that there are hotel rooms for it.
Elon Musk responded to San Francisco Mayor Ed Lee’s tweet criticising “hardcore” work culture by writing, “So city of San Francisco attacks companies providing beds for tired employees instead of making sure kids are safe from fentanyl.” “When you arrive to work in jeans and a company sweatshirt you will stop by the cafeteria for…
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Musk is under investigation by the federal government.
Twitter in a regulatory filing alleged that Tesla CEO Elon Musk and his legal team failed to produce draft communications with the Securities and Exchange Commission (SEC) and a slide presentation to the Federal Trade Commission (FTC). Twitter said it wasn’t told to burn notebooks as claimed by Musk’s team earlier this month. It added,…
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The pay package of Musk and his company is under scrutiny in separate cases.
A shareholder has alleged that Tesla’s board lacked independence from CEO Elon Musk when approving the company’s 2018 CEOs’ compensation plan. The shareholder said Tesla’s board included Musk’s brother Kimbal Musk, as well as friends Antonio Gracias and Steve Jurvetson. In March of 2018, shareholders approved Musk’s compensation plan which led to his rise to…
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Immediately after taking control of the micro-Blogging service, Musk immediately ousted the top executives.
Twitter CEO Parag Agrawal has asked CEO Elon Musk to stop damaging the company’s image, following a series of tweets criticising Twitter’s efforts to address a surge in hateful rhetoric. “I’m not going to stand for it any longer,” he said. “We’re trying to protect people, but you can’t damage a company that’s protecting you,”…
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Musk was the world’s richest person.
A US-based shareholder has filed a lawsuit against Tesla CEO Elon Musk, accusing him of “exploiting his control over the company and its board of directors” to fund his ambition to colonise Mars. The shareholder, Richard Tornetta, had filed a lawsuit in 2018 against Musk for allegedly running the company with “no regard for the…
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Mastodon is on fire, because of all the chaos on social media.
Twitter Co-founder Jack Dorsey said he’s “very sceptical” about SpaceX CEO Elon Musk’s claims that he plans to take Twitter private. Dorsey added that his company is “not willing to go that route”. He added, “I think [Musk] is being disingenuous by saying that we’re planning to take Twitter private.” Musk claimed he’s planning to…
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The free speech of people on the social media platform is in danger.
Elon Musk’s goal of building a billion-plus user base may affect his willingness to battle foreign governments to keep content on Twitter, Global Network Initiative Executive Director Christoph Pielemeier said. He added that countries like Pakistan, Turkey and Indonesia are all attractive markets for Twitter as it looks to grow its revenue and increase its…
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Employees are bracing for layoffs as Musk’s takeover continues.
Twitter CEO Elon Musk responded to a user who said, “It’s free money for Twitter. Advertising makes up the majority of Twitter’s revenue. It’s free money for Twitter.” Musk also responded to the user with a bullseye emoji, a smiley face wearing sunglasses and a bag of money emoji. Notably, Twitter’s revenue has fallen since…
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Musk said that a lot of brands have paused ads, which has seen a drop in revenue.
Twitter CEO Elon Musk said the platform is a safe platform for all legal speech and information consumption in the European Digital Services Act, as proposed by Musk in a Twitter post. This comes after Musk announced that he would charge a monthly fee of $8 for a service called “Twitter Blue” that would allow…
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If Musk buys it, he will probably do some things with it.
Twitter CEO Elon Musk on Friday said there’s no choice except to cut jobs “when the company’s losing over $4 million/day”. He didn’t give any information on the day-to-day losses or the amount of pay offered to employees who were fired. This comes after Twitter announced it had fired around 80 employees, including some of…
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Musk wants people to stop mimicking his accounts on the social network.
Twitter has fired three people, including the company’s SVP of Global Public Policy and Safety, Vijaya Gadde, after it announced a “major restructuring” on Friday. Twitter CEO Elon Musk had earlier tweeted that the company was “losing over $4 million/day” and that there was no choice to cut jobs “when the company is losing over…
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The verification plan was going to be delayed until after the elections.
Twitter CEO Elon Musk has said he’s “absolutely” considering bringing back Vine. The comment came in response to a user’s suggestion to rethink the platform’s character limits. Earlier, Musk had vowed to restore accounts of former US President Donald Trump and others, who were previously banned from the platform. Musk has also said he’ll restrict…
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Musk is filling the void on his account that Trump left.
Two Twitter employees have said the company’s current lords and peasants system for who has or doesn’t have a blue checkmark is “bullshit”. This comes after Twitter CEO Elon Musk said, “Twitter’s current lords and peasants system for who has or doesn’t have a blue checkmark is bullshit.” Twitter’s former consumer teams lead said they…
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As Musk’s takeover continues, employees at the social network are bracing for layoffs.
Several Twitter employees have said Elon Musk has brought over 50 Tesla employees into the company to help with the transition after he abruptly fired four top executives on Thursday. A former employee said the health team had been told to listen to Musk adviser David Sacks’ podcast for insights into why they had just…
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When he takes control of the micro-networking website, Musk immediately removed top executives.
Twitter has postponed the introduction of a blue checkmark on users’ profiles to avoid confusion over whether it would be available for all users. Earlier, CEO Elon Musk had said that the feature was going to be made available to all users and he would be reversing the ban if he becomes the company’s owner.
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Here’s hoping that Musk does not have a following on the micro-blogging site.
Twitter CEO Elon Musk has reportedly completed his $44 billion deal to buy Twitter. Musk had announced the deal on Wednesday, saying that he would take Twitter private in a deal valuing the social media platform at around $50 billion. Earlier this month, Musk had said that he would take Twitter private if he became…
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Employees await the fate of Mr. Musk.
Tesla CEO Elon Musk has been “completely absent” for weeks, a Twitter employee said. He has been encouraging people to follow him on social media for a more accurate understanding of trust and safety on the platform. Investors Jason Calacanis and Sriram Krishnan, Andreessen Horowitz’s General Partner focused on cryptocurrency and Twitter’s former consumer teams…
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Here is hoping that Musk destroys his follower base.
After Elon Musk announced his decision to step down from Twitter’s board, the company’s chief customer officer Sarah Personette tweeted she had a “great discussion” with Musk on Wednesday. Personette also shared a screenshot of a conversation between Musk and Twitter’s CEO Jack Dorsey. Earlier, Musk had said he’ll step down as Twitter’s CEO in…
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Musk doesn’t want the website to become a free-for-all hellscape.
Twitter CEO Jack Dorsey was questioned by the SEC over the company’s proposed $4 billion deal with Elon Musk and whether he had knowledge of it, reports said. Dorsey said he didn’t know about the deal when it was offered to him, reports added. “I didn’t believe it at all,” Dorsey said. This comes after…
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Life under Musk is described by two Twitter employees.
Twitter has delayed the launch of a feature that would let users verify their accounts for $8 a month. The feature, which is called ‘blue checkmark’, was announced by Twitter CEO Elon Musk after his acquisition of the micro-blogging service. “We’re sorry to inform you that our new blue checkmark won’t be available starting today,”…
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Researchers think that Musk’s takeover might change the social networking site.
In his first public statement after buying Twitter, Elon Musk said he doesn’t want the micro-blogging platform to become a “free-for-all hellscape”. He added that he is buying the platform to help humanity and doesn’t want it to become a “free-for-all hellscape.” He also said that he’ll “dramatically reduce” Twitter’s oversight of social media posts.
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Disinformation become more intractable.
US President Donald Trump’s anti-Semitic tweet on ‘Truth Social’ was shared over 11,000 times and received thousands of comments, according to the data from social media analysis firm Graphiq. Trump’s tweet claimed that he won the 2020 presidential vote in Wisconsin despite all evidence to the contrary. In May, Tesla CEO Elon Musk argued that…
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How high will interest rates go?
Twitter’s board members, including the company’s former CEO Parag Agrawal and Chairman Bret Taylor, are no longer directors “in accordance with the terms of the merger agreement,” the company’s filing said. This comes after Tesla CEO Elon Musk said he doesn’t want the platform to become a ” free-for-all-hellscape” and that he doesn’t want Twitter…
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TheTwitter deal is done, according to Musk.
Billionaire entrepreneur Elon Musk, while talking about Twitter’s verification process, said, “The whole verification process is being revamped right now.” He also said, “We’re looking at the spam bots or die trying…defeat the spam bots or die trying.” The blue check mark on Twitter has been seen as a status symbol for users to determine…
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Staff layoffs are set to begin according to Musk.
A court order has halted the takeover of Twitter by Elon Musk’s SpaceX until October 28 after a deposition on October 6 was delayed. The deposition was scheduled to take place on October 6 at 10:30 am and 7 pm, respectively, in Los Angeles, US. The deadline for the deal has now been extended to…