Elon Musk

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In First Address to Twitter Staff, Musk Warns of 80-Hour Weeks

He also discussed plans for platform to offer financial services, spoke of bankruptcy

(Newser) - Elon Musk warned of possible bankruptcy Thursday when he addressed Twitter employees for the first time since taking over the company, insiders say. The Verge says it has obtained a recording of the session, in which Musk took questions from employees and discussed offering banking services through Twitter. He said...

Security, Compliance Executives Quit Twitter

FTC warns company, which risks violating consent decree

(Newser) - Federal regulators expressed alarm Thursday after several privacy and security executives resigned from Twitter. Those leaving include the chief information security officer, chief privacy officer, and chief compliance officer, the Washington Post reports. The news was met with a warning from the Federal Trade Commission, which said it could take...

Musk Says Remote Working Is Over at Twitter

'Work from home forever' policy has been axed

(Newser) - Twitter employees who made it through last week's mass layoffs got their first email from their new boss late Wednesday—and he wasn't delivering good news. Elon Musk told employees that the "work from home forever" policy i ntroduced in May 2020 is now history, and that,...

Elon Musk Unloads $4B More in Tesla Stock

Scraping the couch cushions presumably to fund his Twitter purchase

(Newser) - Twitter's new owner and Tesla CEO Elon Musk has sold nearly $4 billion worth of Tesla shares, according to regulatory filings cited by the AP . Musk, who bought Twitter for $44 billion, sold 19.5 million shares of the electric car company from Nov. 4 to Nov. 8, according...

Elon Musk Is Wildly Successful. That Won't Help Him at Twitter

He's facing a human problem, not an engineering one

(Newser) - Elon Musk has been at the helm of Twitter for less than two weeks, and at the Atlantic , Charlie Warzel writes that he's bungling it, badly. Warzel zeroes in on freewheeling tweets, advertisers running for the exits, and a train-wreck layoff process as proof that what "casual observers"...

Musk Hits Out at the Twitter Alternative Snagging His Users

Mastodon has drawn nearly 500K users since Musk's Twitter takeover

(Newser) - Elon Musk has a new problem on his hands: Under his leadership, some users are fleeing Twitter for a lesser-known, non-profit social media site called Mastodon, which Musk has insulted in a number of deleted tweets. What you need to know:
  • The basics: Mastodon, founded in 2016 by software developer
...

After Musk Suspends Her, Kathy Griffin Finds Workaround

Comedian begins tweeting from the account of her late mother

(Newser) - Comedian Kathy Griffin seems to have found a way around her recent banishment from Twitter. After her own account was suspended—because she impersonated Elon Musk (as did other celebrities unhappy with new verification rules)—Griffin began tweeting from her late mother's account , reports Variety . From there, she called...

Vote GOP, Musk Tweets
Elon
Musk:
Vote
GOP
Nov 7, 2022 5:50 PM CST

Elon Musk: Vote GOP

Twitter's new owner unfollows his guidance about political neutrality

(Newser) - Elon Musk abandoned the customary political neutrality of social media bosses on Monday, urging a Republican victory in Tuesday's midterm elections. In a tweet addressed to "independent-minded voters," Twitter's new owner wrote, "Shared power curbs the worst excesses of both parties, therefore I recommend voting...

Whoops: Twitter Asks Some Laid-Off Workers to Return

Mistaken layoffs illustrate the chaos of last week

(Newser) - The thing about laying off 50% of your employees in a single day is that you're bound to make mistakes. Bloomberg reports that Twitter is now reaching out to "dozens" of laid-off workers and asking them to return. It seems the company either laid these particular employees off...

Twitter Rolling Out $8 Monthly Fee... After Midterms

Critics say the new verification system isn't up to snuff

(Newser) - Twitter won't roll out its new $7.99 "blue check" subscription service until after Tuesday's midterm elections, a source tells CNN . The news comes amid concerns that the new system would have made it easier to spread misinformation ahead of Election Day. Meanwhile, celebs were impersonating Musk...

UN Official Makes Public Plea to Musk

Letter expresses apprehension over Twitter's direction under new owner

(Newser) - Worried about the way Elon Musk's stewardship of Twitter is beginning, a UN official has made a public plea to the billionaire to ensure the platform reflects respect for human rights. Volker Türk, high commissioner for human rights, wrote an open letter to the new owner, the Guardian...

Jack Dorsey Apologizes to Twitter Employees

Co-founder says he expanded the company too fast

(Newser) - Jack Dorsey tweeted his regrets Saturday for the mass layoffs at Twitter, saying he expanded the company too rapidly. A day after new owner Elon Musk began cutting half of Twitter's workforce, the company's co-founder tweeted a message to the "past and present" staff, CNBC reports. "...

Stephen King Complains, and Elon Musk Responds
Stephen King
Complains,
and Elon Musk
Responds
IN CASE YOU MISSED IT
Nov 5, 2022 1:30 PM CDT

Stephen King Complains, and Elon Musk Responds

Twitter chief floats idea of $8 monthly subscription for verified users

(Newser) - When word emerged Monday that Elon Musk might impose a $20 monthly subscription for verified Twitter users, none other than Stephen King complained. "They should pay me," the horror master tweeted . "If that gets instituted, I'm gone." Musk himself responded on Tuesday and floated the...

Twitter Sued Over Layoffs
Musk Complains About
'Massive Drop in Revenue'
the rundown
Nov 4, 2022 1:06 PM CDT

Musk Complains About 'Massive Drop in Revenue'

Twitter is being sued over mass layoffs

(Newser) - Elon Musk is cutting a lot of jobs at Twitter—but he's creating a lot of work for lawyers. A class-action lawsuit was filed against Twitter on Thursday, the day before thousands of employees were due to get layoff notices as part of Musk's reported plan to lay...

Twitter Employees Told to Stay Away From the Office as Layoffs Commence

They'll know their status by 9am local time Friday, email says

(Newser) - The mass Twitter layoffs start Friday, according to a memo sent to employees of the social media company Thursday night and seen by the New York Times , the Washington Post , and CNN . New CEO Elon Musk reportedly plans to cut the company's workforce in half , and the email—which...

Stephen King: Elon Musk Is Like Tom Sawyer

It's not exactly a compliment in this context

(Newser) - One of the more unexpected results of Elon Musk's takeover of Twitter is the exchange unfolding between him and Stephen King over the platform's proposed changes. It began when King publicly balked at rumors of a $20 monthly fee for verified users, and Musk responded by dropping that...

'I Seem to Have Gotten Under a Certain Billionaire's Skin': AOC

Alexandria Ocasio-Cortez, Elon Musk go at it over Twitter's proposed $8 fee for verification badge

(Newser) - Elon Musk has been getting his fair share of complaints since he took over Twitter, and he seems annoyed by his latest detractor. After announcing earlier this week that verified users of the social media platform will likely have to pay $8 a month to keep their blue-check icon, Rep....

Report: 50% of Twitter Workers Will Lose Their Jobs on Friday

Elon Musk also plans to end 'work from anywhere' policy, sources say

(Newser) - Reports that Elon Musk plans to cut somewhere between 25% and 75% of Twitter's workforce were on the nose, sources tell Bloomberg . The insiders say Musk plans to cut 50% of jobs at the company and around 3,700 affected employees will be informed on Friday. According to Bloomberg'...

Musk Offers Update on Banned Twitter Accounts

Suspended tweeters won't be reviewed for reinstatement for 'at least a few more weeks'

(Newser) - With the midterms less than a week away, Twitter has a daunting task at hand: to keep misinformation on candidates, campaigns, and races to a minimum. Yoel Roth, the social media platform's head of safety and integrity, addressed the issue on Tuesday evening, noting that Twitter is "staying...

Musk: Twitter Is Ditching 'Lords & Peasants' System

He says $8 per month will buy verification, priority in searches

(Newser) - Elon Musk appears to have settled on $8 per month as the price of verification on Twitter. In a series of tweets on Tuesday, Musk set out a plan for a new version of verification through the Twitter Blue subscription service, CNBC reports. He slammed the "current lords &...

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