Business & Tech Musk Backlash Continues With Time Magazine Calling Out Hyperloop Idea as Spoiler For High-Speed Rail The same publication that named him Person of the Year last year, Time Magazine, has now published an opinion piece about how we all need to "look beyond" Elon Musk and stop thinking that he is the singular visionary he's convinced many he is.
Business & Tech Former Twitter Employee Convicted of Sharing Personal Data of Dissidents With Saudi Government Ahmad Abouammo, who worked at Twitter over seven years ago, has been convicted in federal court on charges relating to spying for the Saudi Arabian government.
Business & Tech 'Botometer' That Musk Used to Make Counterclaim About Twitter Spambots Once Deemed Musk Himself a Likely Bot Well, the fun hasn't stopped in Delaware's Chancery Court this week, with Elon Musk filing a fraud countersuit against Twitter, Twitter delaying its unsealing so they could respond and redact things.
Business & Tech Twitter Is Slashing Its Office Footprint, Canceling Plans for Oakland Office Twitter announced plans Wednesday to downsize its office holdings in multiple cities, including at its San Francisco headquarters, and the company is canceling plans for a downtown Oakland office announced last year.
Business & Tech Twitter Files Its Lawsuit Against Musk In Delaware Chancery Court, Accuses Him of Creating Negative 'Public Spectacle' The promised lawsuit has been filed, and among other things, Twitter is accusing would-be buyer Elon Musk of "refus[ing] to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests."
Business & Tech Elon Musk's Bid to Buy Twitter Looks Officially Dead Elon Musk made his desire to withdraw from his bid to buy Twitter official Friday, sending a letter to the company's board and filing his intent to back out with the Securities & Exchange Commission.
Business & Tech Elon Musk Had Secret Twins With One of His Companies’ Top Execs, Now the Mother Might Be In Line for Twitter CEO? The latest Elon Musk drama shows he had two more babies with an executive at his company Neuralink, two weeks before the second Grimes baby arrived, and the executive who had his twins could now reportedly be in line to be CEO of Twitter.
SF Politics Unable to Rage on Twitter, Trump Unleashes 'Truth' Storm on Truth Social About Bombshell Jan. 6 Witness Trump is clearly upset by the implications — and actual truth? — behind testimony on Tuesday by a bombshell witness to the inside dealings on January 6th, because why else would he go full Twitter rant on his barely relevant alt-right app?
Business & Tech SpaceX Employees Say Elon Musk's Twitter Persona Is an 'Embarrassment' as Musk Addresses Twitter Employees The same day that Elon Musk was addressing the employees of Twitter — which could become the fifth company Musk currently lords over if a deal to buy it goes through — employees at SpaceX posted an open letter urging the rest of SpaceX's leadership to acknowledge and account for Musk's behavior.
Business & Tech Elon Musk Will Answer Twitter Employee Questions at All-Hands Meeting — What Could Go Wrong? Would-be new owner of a newly privatized Twitter, Elon Musk, is set to address the company's employees directly on Thursday for the first time since making his buyout offer in April, and he'll be taking questions.
Business & Tech Twitter Shareholder Hits Elon Musk with Class Action Suit for Market Manipulation, False Statements With Twitter having lost more than $8 billion in value since the Elon Musk escapade started, one shareholder is hauling Musk to court alleging that he’s driving down the company’s value on purpose.
Business & Tech Elon Musk Sexual Misconduct Charges Arrive; Allegedly Exposed Himself and Propositioned Flight Attendant “Elongate” dropped early Thursday night, with a report that his SpaceX company paid a flight attendant $250,000 to buy her silence over an incident where Musk allegedly exposed himself and offered her a horse if she would “do more.”
Business & Tech Musk Claims Twitter Deal ‘Cannot Move Forward’ Because of Fake Accounts, Probably Just Trying to Drive Down Price Another infantile tweetstorm from Elon Musk claims his Twitter purchase “cannot move forward” because of the prevalence of fake accounts, but analysts suspect he’s trying to drive down the price or back out entirely.
Business & Tech Venture Capitalist on Current Startup Environment: 'This Is a Proper Correction' If you work for a tech startup — or even if you work for Uber or Twitter — you may be having the layoff blues right now, or the arguably worse layoff anxieties that come with weeks upon weeks of bad news, rising tensions, and inter-office innuendo.
Business & Tech Surprise! Elon Musk Now Getting Wobbly On Buying Twitter, Claims Deal Is 'Temporarily On Hold’ The erratic billionaire may be trying to back out of his stunning bid to take over Twitter, now claiming he is concerned about “spam/fake accounts,” but analysts suspect he's just getting cold feet and that he may not actually be able to line up the money.
Business & Tech Twitter CEO Ousts Two Top Execs, Freezes Hiring, Cuts Spending Ahead of Musk Takeover In what may be a bid to right the ship after a disappointing quarter, or a gesture toward trying to hold on to his job when Musk's purchase of the company closes, Twitter CEO Parag Agrawal fired two top executives and laid out cost-cutting measures in a memo to employees this week.
Business & Tech Elon Musk Will Let Trump Back on Twitter, Saying Permanent Bans 'Fundamentally Undermine Trust' In the Platform So even though Musk claims to want what's good for democratic society, he's happy to hand the megaphone back to the man who's bent on destroying it.
Business & Tech Elon Musk Will Appoint Himself CEO of Twitter (Temporarily), He Apparently Told Investors The new CEO of Twitter under Elon Musk will be Elon Musk, according to people familiar with his investor briefings, though he says for now that he will only be an interim CEO.
Business & Tech Tesla’s Value Is Nosediving While Elon Musk Pursues Twitter Takeover Elon could have bought Twitter for $44 billion three times over with the $150 billion in market value Tesla has lost since he pulled this Twitter stunt, as Tesla stock has been plummeting all week.
Business & Tech Layoffs May Loom at Elon Musk's Twitter, Analysts Say One analyst predicts Musk might lay off 20% of Twitter’s workforce, as the company is still not profitable every quarter, and interest rates could rise on the borrowed money he’s using to finance the deal.
Business & Tech Will Elon Musk Move Twitter to Texas? Will He Give Trump His Account Back? Questions Abound. Elon Musk fanboys on Twitter are all elated that their King of Twitter may soon be the full Owner of Twitter. But employees are probably worried.
Business & Tech [Update] Elon Musk-Twitter Deal Is Done; Twitter to Be Taken Private Twitter's board has accepted billionaire Elon Musk's offer to take the company private, after two weeks of intrigue and the creation of a "poison pill" meant to kill the deal.
Business & Tech Elon Musk Says He Has the $46.5 Billion Lined Up to Buy Twitter Outright, But Investors Remain Skeptical of This Whole Deal Elon Musk’s original “best and final offer” language from last week has softened to “seeking to negotiate” language, but he says he now has funding secured for the deal to take Twitter private (a canard he has pulled before).
Business & Tech Twitter Board Adopts 'Poison Pill' Strategy to Fend Off Elon Musk; Another Big Shareholder Also Just Upped Their Stake Twitter's board of directors voted unanimously Friday to adopt a limited duration shareholder rights plan, or "poison pill," that would immediately dilute the shares of any shareholder who bought 15% or more of existing shares — likely thwarting, for now, a takeover bid by Elon Musk.
Business & Tech Yep, Elon Musk Is Officially Trying to Buy Twitter in a Hostile Takeover Bid After the welcome mat for Musk to join Twitter’s board disappeared, the billionaire has made a bombshell offer to buy every share of Twitter for himself and own the company privately.
