New Twitter owner Elon Musk presided over a rambling, hourlong appeal to advertisers, defending the newly instituted $8-a-month blue-check verification program and vowing to make the social platform “a force for good.”
21.10.2022 - 03:03 / deadline.com
Elon Musk told prospective investors in Twitter that he planned to eliminate about 75% of the social media platform’s 7,500-strong workforce.
Such a move would leave Twitter with about 2,000 staffers, not nearly enough to handle the flood of spam, hate and misinformation on the platform, according to a report in the Washington Post.
However, Twitter itself was already thinking of laying off about 25% of its workers as well as closing key data centers even before the billionaire Tesla founder entered the scene, WaPo said.
A Twitter spokesperson wasn’t immediately available to comment.
Musk is not above exaggerating and comments made to potential financial partners aren’t necessarily a blueprint for the future as he nears an Oct. 28 deadline to close the acquisition. But he has talked publicly about downsizing Twitter, without specifics. A cut that steep could pose dangers as the platform already struggles with the scope of global content moderation. Recent headlines have focused the possible reinstatement on the service of former President Donald Trump, and antisemitic posts by rapper Kanye West.
Whistleblower Peiter Zatko described in part an organization in need of more resources, not less.
Musk yesterday during a Tesla earnings call said he and current investors going in with him on the deal are way overpaying for the company, but that he sees “huge potential” and great value in (a slimmer?) Twitter down the road.
There may not be long to wait for Musk’s plans to be unveiled. Talks are ongoing and he’ll need to get the deal closed by next week’s deadline to avoid the trial in Delaware Chancery Court. “I’m excited by the Twitter situation,” he said yesterday in one of of the first positive comments about the
New Twitter owner Elon Musk presided over a rambling, hourlong appeal to advertisers, defending the newly instituted $8-a-month blue-check verification program and vowing to make the social platform “a force for good.”
Bye to the bird app. Controversial entrepreneur Elon Musk’s takeover of Twitter has led to many polarizing opinions — and many stars’ departures from the social media platform.
Kathy Griffin was suspended from Twitter but found a way to return to the digital platform by using her deceased mother’s account.
Kathy Griffin lost her privilege of “free speech” on Twitter after her account was suspended. This was followed by a tweet from Elon Musk warning people about “engaging in impersonation.”
As Twitter employees face mass layoffs starting today, new overlord Elon Musk says the platform has seen “a massive drop in revenue, due to activist groups pressuring advertisers.”
Twitter has reportedly sent out a company-wide email warning its estimated 7,500 employees that layoffs will start Friday.
Plans to charge Twitter users for verified 'blue tick' accounts could cost the Scottish Government and local authorities thousands of pounds if implemented. The social media giant is reportedly considering changes to its Blue subscription service, which could see users charged $20 (£17.30) a month or $240 a year.
Elon Musk took over Twitter this week and promised to make the social media platform the place to go for free speech. The tech boss raised eyebrows after he tweeted, then deleted, a tweet that amplified an unfounded claim around Paul Pelosi’s brutal attack.
Well, it happened. Elon Musk actually took ownership of Twitter. We’d love to say everyone was worried over nothing, but… certainly some big changes are already afoot. And they’re not exactly reassuring.
Elon Musk, who just took over Twitter in a $44 billion leveraged buyout, sought to allay fears about the direction of the social media company by saying it is forming a content moderation council.
Elon Musk told advertisers in an open letter today that he believes “advertising, when done right, can delight, entertain and inform,” reassuring the group that makes up the bulk of Twitter’s revenue that ads are still welcome on the platform.
Elon Musk appropriately documented his arrival Wednesday at Twitter headquarters on the social media platform, two days before a Friday deadline imposed by a judge for Musk to acquire the tech giant.
New footage from January 6, 2021, shows a candid moment where House Speaker Nancy Pelosi threatened to physically strike then-President Trump, should he have joined those protesting at the Capitol. In the video, which was publicly shared Thursday, Pelosi admits the actions could have resulted in her going to prison — a consequence she said she would "be happy" to accept. "I hope he comes, I’m going to punch him out," Pelosi tells her Chief of Staff Terri McCullough, who discourages her boss from making the comments.
Elon Musk is under federal investigation in connection with his long-aborning deal to buy Twitter, according to multiple credible reports which cite a legal filing today by the social media company. There were no specifics in the document beyond the indication that authorities are probing Musk’s “conduct” in relation to the deal which, to say the least, has been unusual.
SpaceX and Tesla CEO Elon Musk denied a report he engaged in correspondence or contact with Russian leader Vladimir Putin in regard to the Ukraine invasion, but the Democratic chairman of the Senate Judiciary Committee warned the world's richest man not to get "over his skis" in foreign affairs. Sen.
Elon Musk has created an empire as the cofounder of SpaceX and Tesla. The son of Maye Musk and Errol Musk, Elon’s startups have grown to become multi-billion-dollar titans. But the entrepreneur from South Africa has also made headlines for his love life over the years.
The contours of the upcoming November midterms seem clear. President Joe Biden scarcely polls above 40% approval.
Elon Musk, who is a father of 10 – nine living – said recently he may have more children in the future but said he believes there are "no other babies looming." Musk has five living children with his first wife Justine Wilson (their first child died of sudden infant death syndrome), two children with ex-girlfriend singer Grimes and it was revealed this year he had twins with executive Shivon Zilis who works at his company Neuralink. "I’m pretty sure there are no other babies looming," he joked to the Financial Times after the interviewer asked about potential pending pregnancies. He said as a 51-year-old "autumn chicken" he would consider having more kids if he feels he can be a good father to them. Elon Musk and son X Æ A-12 on stage TIME Person of the Year on December 13, 2021, in New York City. (Theo Wargo/Getty Images for TIME) The Tesla and SpaceX CEO has said one of his biggest concerns is underpopulation and in June he joked on Twitter of his growing brood: "I mean, I’m doing my part haha." He admitted that some friends have said he should have as many as 500 children but that would be a "bit weird." Most of his kids were conceived via in vitro fertilization. He also opened up about his estrangement with his transgender daughter Vivian, blaming "communism" in the education system for her reportedly not wanting anything to do with him.