Twitter founder and former chief executive, Jack Dorsey, on Saturday apologized for layoffs involving about 50% of the social media platform’s staff, announced by new owner, Elon Musk on Friday. Read more
Tag: Twitter
Elon Musk slashing jobs at Twitter to avoid $700M loss next year: sources
Elon Musk’s drastic decision to lay off half of Twitter’s workforce on Friday was driven by the company’s dire finances — with the now-private company on track to lose $700 million in Read more
Activist groups urge advertisers to pause Twitter buys after Elon Musk blames them for ‘massive drop in revenue’
As Elon Musk laid off thousands of Twitter Inc. employees Friday, more than 60 civil-rights and civil-society groups urged companies to stop advertising on the social media platform. The purchase Read more
Twitter plans mass layoffs Friday morning
Twitter Inc. will begin mass layoffs Friday morning, as Elon Musk looks to slash costs at the social-media company that he acquired last week for $44 billion. In an unsigned Read more
What does Twitter verification really mean?
As the new owner of Twitter, Elon Musk is spending a lot of his time these days floating proposals to charge a monthly fee for the social-media platform’s verification service. Read more
Opinion: Twitter might only be the beginning — the platform could be a vehicle for media baron ‘Citizen Musk’
Really rich guys buy pro sports teams and media companies. With his purchase of Twitter, Elon Musk is the latest — and wealthiest by far — member of the club. Read more
White House deletes tweet flagged by Twitter that credited Biden for Social Security payment increase
The White House took down a tweet Wednesday that gave President Biden credit for rising Social Security payments that are the result of 40-year high inflation. #socialsecurity #twitter
Twitter adds fact-check to Biden White House’s tweet bragging about Social Security’s COLA of 8.7%
A White House tweet taking credit for the upcoming big cost-of-living adjustment for Social Security benefits has drawn a clarification from Twitter, along with criticism from Republicans. “Seniors are getting Read more
Top firm advises pausing Twitter ads after Musk takeover
This marks the largest group of advertisers calling for a halt in business with Twitter since Musk took over last Thursday. #takeover #advertisers #musk #halt
Musk Said to Be Demanding 12-Hour Shifts In First Week at Twitter; Has Set Up 'War Room' of Cronies to Lead Transition
It can't be very fun to be inside Twitter HQ this week — and dad jokes aside, new Chief Twit Elon Musk is apparently presenting himself as a taskmaster seeking Read more