Category Archives: Twitter Under Fire

These people got the biggest payouts when Elon Musk bought Twitter

  By Chris Morris November 01, 2022 Elon Musk made a lot of people very rich when he pulled the trigger on his takeover of Twitter last week.       Institutional investors, which held more than two-thirds of Twitter’s stock, saw the biggest windfalls. Vanguard Group was the company’s largest shareholder, with a 10.3% … Continue reading These people got the biggest payouts when Elon Musk bought Twitter

Elon Musk considers making verification a Twitter Blue perk

Elon Musk has begun his takeover of Twitter Twitter could change dramatically under Musk’s leadership. K. Bell @karissabe   Dado Ruvic / reuters After months of legal drama, Elon Musk has begun his takeover of Twitter, according to The Wall Street Journal and The Washington Post. His first move was to fire CEO Parag Agrawal, Chief … Continue reading Elon Musk considers making verification a Twitter Blue perk

Twitter employees warn Musk mass layoffs would be ‘reckless’

Elon Musk reportedly wants to lay off most of Twitter’s employees The site could see more than 5,000 employees put out on the street. A. Tarantola @terrortola   NurPhoto via Getty Images Twitter is gearing up for layoffs no matter whether Elon Musk purchases the company, which could happen as soon as this Friday, according … Continue reading Twitter employees warn Musk mass layoffs would be ‘reckless’

Elon Musk accuses Twitter of fraud for hiding real number of fake accounts

Twitter sues Elon Musk for attempting to back out of $44 billion buyout deal The suit sets the stage for a lengthy legal battle. I. Bonifacic @igorbonifacic   Andrew Kelly / reuters Twitter is suing Elon Musk to force the Tesla and SpaceX CEO to complete his $44 billion acquisition of the social media company. … Continue reading Elon Musk accuses Twitter of fraud for hiding real number of fake accounts