Tag: Elon Musk

  • Federal investigators are looking into whether or not a Musk deal was unethical, said the social media company.

    Federal investigators are looking into whether or not a Musk deal was unethical, said the social media company.

    Twitter said in a court filing that it’s being investigated by the US Federal Trade Commission (FTC) in connection with the company’s $44-billion acquisition by billionaire Elon Musk. The FTC is probing whether Musk or any other person misled investors about the price he was prepared to pay for Twitter. Musk had acquired Twitter on…

  • The truth is not as straightforward as Musk says.

    The truth is not as straightforward as Musk says.

    Twitter released internal documents leaked by CEO Elon Musk, revealing internal debates among its employees ahead of its decision to ban President Donald Trump following the January 6, 2021 attack on the US Capitol. As per the documents, some of Twitter’s employees argued against the decision, saying it’d “go against company policy”. Twitter suspended the…

  • Musk was seen as being the embodiment of the Trumpification.

    Musk was seen as being the embodiment of the Trumpification.

    Twitter’s new CEO Elon Musk on Friday announced that he has fired Twitter CEO Jack Dorsey and CFO Anthony Noto, following his acquisition of the social media platform in a $42-billion deal. However, no details of the firing have been disclosed so far. Earlier, it was reported that Dorsey had suffered a heart attack and…

  • Musk is being investigated over hisTwitter deal, that’s according to twitter.

    Musk is being investigated over hisTwitter deal, that’s according to twitter.

    The US government is investigating Twitter CEO Elon Musk in connection with the company’s $44 billion acquisition by him, Twitter said in a court filing on Thursday. Earlier, Musk threatened to withdraw the deal after his former head of Security Peiter “Mudge” Zatko said Twitter had ignored security vulnerabilities for years. The FTC is responsible…

  • The fate of the employees is waiting for them under Musk.

    The fate of the employees is waiting for them under Musk.

    Twitter CEO Elon Musk in a recent interview revealed that it was Apple who threatened to withdraw Twitter from App Store. “Maybe Apple was saying, ‘We may not approve… relaunch of Blue until you fix X for us’,” he said. “I think that is more likely. I wanted to have you back because you’re one…

  • The Internet and the end of reality are related.

    The Internet and the end of reality are related.

    Tesla CEO Elon Musk on Thursday said Twitter was working on a redesign of the site that would make it easier to share images. “The redesign is still in the very early days…It could be a few weeks before the redesign goes live,” he said. The redesign will be available for users on the site…

  • Let the micro- network allow it to become porn.

    Let the micro- network allow it to become porn.

    The New York Stock Exchange has halted trading in Twitter’s shares before the opening bell on Friday, ahead of the company going private under billionaire Elon Musk. This comes as a growing number of companies have suspended their advertising on the social media platform in the wake of Musk’s acquisition.

  • There is a line between order and chaos.

    There is a line between order and chaos.

    The US government is investigating whether Tesla and SpaceX CEO Elon Musk misled the stock markets in connection with his acquisition of Twitter. The FBI has filed a criminal complaint in federal court in New York, accusing Musk of using misleading information to conceal the seriousness of his plan to buy Twitter. Musk had announced…

  • It may cost you $19.99 a month, but it will have a blue check mark.

    It may cost you $19.99 a month, but it will have a blue check mark.

    Twitter CEO Elon Musk has announced that he will permanently suspend any Twitter handles that engage in impersonation without clearly specifying “parody”. He has also said that a name change on Twitter will “cause temporary loss of verified checkmark”. The move comes a day after the platform launched an updated version of its iOS app…

  • A 51-year-old celebrity hacker took over one of the world’s most influential social networks.

    A 51-year-old celebrity hacker took over one of the world’s most influential social networks.

    A Twitter executive has said that the social media platform is in discussions with investors about its content guidelines. Earlier, a Washington Post report had suggested that Tesla CEO and Twitter’s incoming owner Elon Musk plans to fire three-quarters of Twitter’s employees when he takes over the company. This comes after a former Twitter technology…

  • ‘Quiet quit’ is a question on the social networking site.

    ‘Quiet quit’ is a question on the social networking site.

    Twitter users who follow Elon Musk on the micro-blogging platform “sit in silence” and “stand up to speak” only if they areled to do so, a NYT journalist said. They also wait in silence to discern what needs to be done if they must decide an issue collectively. “To get a clear sense of what…

  • The New York Times reported that Musk sent the worst midnight email to his boss.

    The New York Times reported that Musk sent the worst midnight email to his boss.

    An alternative platform like Gab, Parler and Truth Social offers a “keyhole view” of what Twitter will look like under new owner Elon Musk, said Media Matters for America President Joe Roth. He added that the company’s decision to cut jobs “when the company is losing over $4M/ day” was “unfair”. Twitter has offered severance…

  • 8 more crew members are going to be on the moon mission.

    8 more crew members are going to be on the moon mission.

    SpaceX CEO Elon Musk on Thursday said that Japanese billionaire Yusaku Maezawa has selected an eight-person crew for his “dearMoon” mission to the Moon. The project aims to be the first private mission around the Moon, carrying artists and creatives on a SpaceX Starship. Maezawa had earlier said that the mission would carry eight artists,…

  • The US work culture is so broken that there are hotel rooms for it.

    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…

  • Musk is under investigation by the federal government.

    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,…

  • The pay package of Musk and his company is under scrutiny in separate cases.

    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…

  • Immediately after taking control of the micro-Blogging service, Musk immediately ousted the top executives.

    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,”…

  • Musk was the world’s richest person.

    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…

  • Mastodon is on fire, because of all the chaos on social media.

    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…

  • The free speech of people on the social media platform is in danger.

    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…

  • Employees are bracing for layoffs as Musk’s takeover continues.

    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…

  • Musk said that a lot of brands have paused ads, which has seen a drop in revenue.

    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…

  • If Musk buys it, he will probably do some things with it.

    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…

  • Musk wants people to stop mimicking his accounts on the social network.

    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…

  • The verification plan was going to be delayed until after the elections.

    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…