Tag Archives: Twitter

Business Insider reports: Elon Musk is closing many international Twitter offices as he continues to cut costs and try to find ways the company can make money. At least a dozen international offices are closed or in the process of closing, according to two people familiar with the company and messages seen by Insider, along with several more in the …

The Daily Beast reports: Twitter has reinstated the account of Ron Watkins, administrator of the site 8kun, after permanently banning him after he peddled lies about the Jan. 6 insurrection stoked by QAnon conspiracies. As Twitter under Elon Musk continues its head-first dive into unsuspending just about every banned account—Alex Jones notwithstanding—Watkins’ return aligns with Musk’s own recent foray into …

The Washington Post reports: Records of 235 million Twitter accounts and the email addresses used to register them have been posted to an online hacking forum, setting the stage for anonymous handles to be linked to real-world identities. That poses threats of exposure, arrest or violence against people who used Twitter to criticize governments or powerful individuals, and it could …

Politico reports: Twitter plans to lift its restrictions on political ads, saying it would immediately allow issue-based paid content on the platform while political advertisements will return “in the coming weeks.” The announcement comes as advertisers have fled the platform in droves after Elon Musk’s takeover last October, which was followed by a spike in hate speech and the reinstatement …

Politico reports: Elon Musk calls his next idea the “X App.” And if Musk-owned Twitter has already been a challenge for Washington’s politicians and regulators, the disruption caused by the X App could easily dwarf it. The idea is a Western version of WeChat, the Chinese super-app that more than a billion people use for messaging, payments, shopping, rideshares, gaming, …

The Wall Street Journal reports: Twitter Inc. was accused of not paying its rent in a lawsuit filed by the landlord for one of its offices in San Francisco. The landlord, Columbia Reit-650 California LLC, alleges that the social-media company has failed to pay $136,260 of rent due on the office space at 650 California St., according to the lawsuit …

Bloomberg News reports: Elon Musk was the second person ever to amass a personal fortune of more than $200 billion, breaching that threshold in January 2021, months after Jeff Bezos. The Tesla Inc. chief executive officer has now achieved a first of his own: becoming the only person in history to erase $200 billion from their net worth. Musk, 51, has seen …

Axios reports: Fidelity slashed its carrying value of Twitter by 56% during the first month of Elon Musk’s ownership, according to a new disclosure. Fidelity was among the group of outside investors that helped Musk finance his $44 billion takeover of the social media site, by purchasing equity. Fidelity’s Contrafund valued its Twitter shares at $53.47 million on Oct. 31, …

The New York Times reports: Over the past few weeks, Twitter had stopped paying millions of dollars in rent and services, and Mr. Musk had told his subordinates to renegotiate those agreements or simply end them. The company has stopped paying rent at its Seattle office, leading it to face eviction, two people familiar with the matter said. Janitorial and …

Axios reports: Twitter users around the world reported problems accessing the website and other technical glitches on Wednesday night. In the first widespread outage since Elon Musk completed his $44 billion acquisition of Twitter in late October, over 10,000 users in countries including the U.S., the U.K., Canada, Germany, Italy, France, Australia and New Zealand reported outage issues, starting in …

Reuters reports: Tesla Inc Chief Executive Elon Musk told employees that they should not be “bothered by stock market craziness” after the company’s shares fell nearly 70% this year on jitters over softening demand for electric vehicles and Musk’s distraction with running Twitter. In an email sent to staff, Musk said he believes that long term, Tesla will be the …

Bloomberg News reports: Billionaire Elon Musk is warning against something he himself has done — borrowing against the value of securities one owns — because of the risk of “mass panic” in the stock market. “I would really advise people not to have margin debt in a volatile stock market and you know, from a cash standpoint, keep powder dry,” …

The Guardian reports: Twitter has restored a feature that promoted suicide prevention hotlines and support groups after its CEO Elon Musk was criticised over their removal. Musk, who did not initially respond to requests for comment about the removal, had tweeted: “False, it is still there.” The feature, known as #ThereIsHelp, placed a banner at the top of search results …

The New York Times reports: The truth is that many of the best electric wheels on the market today are not made by Musk. The new competition makes Musk’s recent role as the town crier for the redpilled online right especially puzzling and, for his car company, perilous. Tesla’s new vulnerability is a surprising development. Musk’s chaotic and polarizing tenure …

Reuters reports: Twitter Inc removed a feature in the past few days that promoted suicide prevention hotlines and other safety resources to users looking up certain content, according to two people familiar with the matter who said it was ordered by new owner Elon Musk. The removal of the feature, known as #ThereIsHelp, has not been previously reported. It had …

The New York Times reports: Elon Musk said on Tuesday that he would resign as Twitter’s chief executive when he found “someone foolish enough to take the job,” two days after he had asked his 122 million Twitter followers whether he should step down as the leader of the social media site and a majority of respondents answered yes. Mr. …

CNBC reports: Twitter owner and CEO Elon Musk is searching for a new CEO of the company, sources told CNBC’s David Faber. Musk, who acquired the company for $44 billion in October, has previously said his position as CEO would be temporary.  However, on Sunday, he wrote in a tweet that “there is no successor.” On Monday, Sen. Elizabeth Warren, …

Elektrek reports: Elon Musk appears to be backing out from abiding by the results of a Twitter poll voting him out as head of the social media platform. Musk first responded “interesting” to a comment by Kim Dotcom suggesting that the “deep state” rigged the poll with bots. He then responded the same thing to a theory that the number …

The Washington Post reports: An unofficial poll that Elon Musk commissioned said he should step down from the helm of the social network, a referendum that Musk promised to follow after broad criticism of his stewardship of the company. The poll closed early Monday morning after twelve hours of voting, with 57.5% of more than 17 million responses calling Musk …

NBC News reports: Twitter will no longer allow users to promote their accounts on at least seven other major social media sites, including Facebook, Instagram and Truth Social, the platform announced Sunday. The new policy comes after many users began posting links to their accounts on other sites following Elon Musk’s takeover as CEO of Twitter and the platform’s subsequent …