Elon Musk Twitter takeover

A Twitter engineer told the BBC that the company is "like a building where all the pieces are on fire." Twitter's workforce has shrunk by around three-quarters since its purchase by Musk. "There are so many things broken and there's nobody taking care of it," the engineer told the BBC. Loading Something is loading. Thanks…

Elon Musk says other CEOs and leaders should run their own social media accounts.  Musk is famed for his frequently wacky tweets and has sometimes gotten into trouble over his posts.  Musk said criticism is "really not that bad" and encouraged others to be authentic on social media. Loading Something is loading. Thanks for signing…

Paul Krugman, a Nobel laureate, slammed Elon Musk and Sam Bankman-Fried as "oligarchs" in an op-ed. Musk's massive fortune keeps his fans loyal even as his business dealings falter.  "The big fortunes made in information technology turned this narrative into a full-blown cult." Loading Something is loading. Thanks for signing up! Access your favorite topics…

Twitter employees sobbed in the bathroom at a Halloween party over fears of being laid off, the Verge reported.  A program manager told Insider that after Elon Musk's takeover, staff panicked about coming layoffs.  She said she found out she had been laid off when she was kicked off Twitter's work systems.  Loading Something is…

Tesla's price cuts will cause earnings to dive 25% this year, according to Loup's Gene Munster. But the move could be favorable with consumers and heal brand issues stemming from Elon Musk. "It's a win for consumers and Tesla's brand. Tesla is going to gain market share near term," Munster said. Loading Something is loading.…

Twitter is being sued for $392,239 after being accused by a marketing firm of not paying its fees.  The San Francisco-based agency said it had been providing merchandise to Twitter since June 2020. Elon Musk is trying to cut costs at Twitter and has reportedly left some bills unpaid. Loading Something is loading. Thanks for…

Tesla's stock has had a rough start to 2023 even after a terrible year where it cratered 65%.  The EV maker faces slumping demand in China and elsewhere, as well Elon Musk's Twitter saga. Here's what Paul Krugman, Jeremy Siegel, Cathie Wood and others think is happening — and what it means for shares. Loading…

Twitter could lose over 32 million users in the next two years, Insider Intelligence found. Elon Musk fired thousands of Twitter employees in November, leaving few to maintain the platform.  Twitter is expected to lose more users in the US than in any other country.  Loading Something is loading. Thanks for signing up! Access your…

In a blog post, Jack Dorsey said he should be solely blamed for Twitter's content-related failures. Dorsey condemned attacks on his former colleagues and laid out his thoughts for the future of social media.  As CEO, Dorsey said he led Twitter to do the "wrong thing for the internet and society." Loading Something is loading.…

Elon Musk falsely claimed that Twitter's ex-safety head supports the sexualization of children. Musk posted an excerpt from Yoel Roth's PhD thesis about "Gay Data" and misconstrued it.  He previously suggested that Roth often made key decisions without ex-CEO Jack Dorsey's approval.  Loading Something is loading. Thanks for signing up! Access your favorite topics in…