Facts About elon musk news - twitter elon musk news Revealed

Twitter’s board authorized Elon Musk’s $forty four billion takeover offer you this 7 days, even so the offer gained’t be ultimate until it’s put to a shareholder vote. Twitter has taken the first step in that process, submitting its merger document Together with the Securities and Trade Commission.

Pandemonium followed. Even though the note explained workers would get a stick to-up electronic mail another morning about whether or not they nonetheless had Work, quite a few discovered by themselves locked out of e mail or Slack that night, a sign they had been laid off. Individuals who remained in Slack posted saluting emojis en masse as a ship-off for co-workers.

Twitter is putting restrictions to the number of tweets its end users can go through given that the social websites platform suffers prolonged outage which includes stymied consumers’ capacity to monitor new posts.

Anticipating the cuts, workers began bidding farewell to their colleagues, investing mobile phone figures and connecting on LinkedIn. Additionally they pulled with each other documents and interior assets to aid employees who survived the layoffs.

It is unclear how Mr Musk intends to make money with the System, but he has instructed in interviews and tweets that he intends to loosen the limits about what may be mentioned on Twitter.

X was caught jogging unlabeled adverts in September. Now The difficulty is during the arms of your FTC. Impartial non-financial gain Check out My Advertisements submitted a formal complaint With all the FTC urging an investigation more than the marketing techniques at X, such as the deficiency of disclosure about which posts are advertisements.

On Monday, some Twitter personnel arrived at function to see that specific systems they'd relied on no more labored. In San Francisco, an engineer learned that some contracts with suppliers that give computer software for managing user information were placed on maintain or had expired, and which the professionals and executives who could deal with the challenge had been laid off or resigned.

Mr. Musk’s funding bundle for Twitter also incorporates $12.five billion in check here loans using his Tesla shares as collateral. If Tesla’s stock falls much adequate, lenders would involve Mr. Musk to incorporate collateral to guidance the financial loans, potentially forcing him to provide much more inventory to come up with the hard cash.

Musk has also shifted the platform’s business model from becoming Nearly fully advertisement-supported to one which also has 4 subscription tiers, from cost-free to some Quality+ support that starts at $16 per month.

The offer may perhaps experience harder scrutiny in Europe, even though, where by officials warned yesterday that Twitter beneath Musk’s possession would have to abide by the European Union’s new Digital Solutions Act, which calls for social networking organizations to law enforcement material far more aggressively. Mr. Musk not too long ago pinned a tweet to his profile addressing his absolutely free speech philosophy: “By ‘free of charge speech,’ I basically indicate that which matches the legislation.”

And though the transaction isn’t expected to shut for three to six months, Mr. Musk did not wait to start making his emotions about Twitter’s executives regarded — on Twitter.

"I had been in a breakfast at a pal's spot and Donald Trump came by, which is it," Musk informed previous CNN host Don Lemon in an interview that aired on March 18.

Caring for his wife, stepping in for his father and estranged from his brother, William goes it by itself

They include things like, most prominently, former President Barack Obama, who final 7 days outlined a vision for combating disinformation in a convention at Stanford University that incorporated subjecting algorithms to higher scrutiny and regulation.