Elon Musk

HighlightsTwitter did not respond to requests for comment on a potential bankruptcy, the FTC warning or the departures.Elon Musk announced plans to cut half the company's workforce last week.In May, Twitter agreed to pay $228 million to settle allegations by the FTC.Twitter's new owner Elon Musk has raised the possibility…

Elon Musk, in his first address to Twitter Inc. employees since purchasing the company for $44 billion, said that bankruptcy was a possibility if it doesn’t start generating more cash, according to a person familiar with the matter. The warning came amid a tumultuous start to Musk’s reign at the…

The Federal Trade Commission warned Thursday that it is watching Twitter with “deep concern” following Elon Musk’s purchase of the social media platform. In the day since Twitter’s monthly subscription verification service went live, trolls have already begun to flood the site with accounts that impersonated public figures—sometimes with hilarious…

There have been a few changes since Elon Musk took over Twitter, and Doja Cat is learning this the hard way. Since buying the site, Musk has attempted to clamp down on parody accounts after verified users changed their names to jokingly pretend to be him in viral tweets. Anyone…

Elon Musk sought to reassure big companies that advertise on Twitter on Wednesday that his chaotic takeover of the social media platform won’t harm their brands, acknowledging that some “dumb things” might happen on his way to creating what he says will be a better, safer user experience. The latest…

By Matt O'Brien, Mae Anderson and Barbara OrtutayNovember 10, 2022 — 7.21am Elon Musk sought to reassure big companies advertising on Twitter that his chaotic takeover of the social media platform won’t harm their brands, acknowledging that some “dumb things” might happen on his way to creating what he says…

President Joe Biden suggested Wednesday he was interested in the federal government investigating billionaire Elon Musk’s acquisition of Twitter. “I think that Elon Musk’s cooperation and/or technical relationships with other countries is worthy of being looked at,” Biden said during a press conference at the White House on Wednesday. Biden…

TY Lim/Shutterstock Elon Musk has lost his double-centi-billionaire status, marking the second time that his net worth has fallen below the $200 billion mark in just over a year. According to Forbes, the triple-chief of Tesla, Twitter, and SpaceX was worth $195.6 billion in the early hours of Tuesday. According…

Recently, the price of Dogecoin increased significantly by over 165% following the sentiment of Elon Musk’s Twitter acquisition. Unfortunately, the bullish rally has cooled off after marking a 5-month high at $0.159. The leading meme coin slipped and lost 31% of its value over the past seven days. Dogecoin is…

After laying off almost half the company last Friday, Elon Musk is asking dozens of employees who were fired to return to work after discovering they were vital to the company’s operation. Bloomberg reports that following Elon Musk’s dismissal of roughly half of Twitter’s workforce last Friday, the company is now…