Tag Archives: Elon

Elon Musk isn’t the only one who lost a ton of money on X this year

  By Allan Sloan November 03, 2023 If you’re a fan of financial fiascos, you’ve probably been having a great time reading stories marking the recent one-year anniversary of Elon Musk’s troubled Twitter takeover.  By my math, which is based on the value that Fidelity places on the X shares owned by its mutual funds, … Continue reading Elon Musk isn’t the only one who lost a ton of money on X this year →

Leadership experts on why Elon Musk contagion is a nightmare scenario for workers

  By Emily Price October 05, 2023 When Elon Musk took over Twitter in October of last year, he made headlines for his abrasive management style. The takeover, described by The New York Times as “two weeks of chaos,” resulted in widespread layoffs and employee lawsuits, and reportedly caused managers to vomit into trash cans. … Continue reading Leadership experts on why Elon Musk contagion is a nightmare scenario for workers →

An AI in Elon Musk’s image—what could possibly go wrong?

  By Mark Sullivan July 14, 2023 Elon Musk announced this week the launch his new AI company, called xAI. The company, which already boasts an extremely talented staff, will presumably develop large language models (LLMs) and may represent Musk’s desire to create a challenge to current AI leader OpenAI. Musk was one of the … Continue reading An AI in Elon Musk’s image—what could possibly go wrong? →

Elon Musk says Twitter’s ad revenue has dropped by 50 percent

Twitter finally begins paying some of its creators   Will Shanklin Twitter’s ad-revenue sharing program for creators has officially launched — and it’s reportedly already begun paying eligible Blue subscribers. Elon Musk announced the initiative in February, but with scant details about how it would work, nobody knew quite what to expect. However, some high-profile … Continue reading Elon Musk says Twitter’s ad revenue has dropped by 50 percent →

Elon Musk’s Twitter has work to do if it wants to comply with the EU’s tough new digital rules

  By Kelvin Chan—Associated Press June 23, 2023 Twitter needs to do more work to fall in line with the European Union’s tough new digital rulebook, a top EU official said after overseeing a “stress test” of the company’s systems in Silicon Valley. European Commissioner Thierry Breton said late Thursday that he noted the “strong commitment of … Continue reading Elon Musk’s Twitter has work to do if it wants to comply with the EU’s tough new digital rules →

US adults are spending less time on Twitter since Elon Musk took over

Karissa Bell   @karissabe There’s never really been a shortage of reasons to spend less time on Twitter. Even before Elon Musk’s chaotic takeover, the platform was long plagued by misinformation, hate speech, harassment and other ills that made it less than welcoming. There’s never been a better time to quit Twitter. The Elon Musk-induced … Continue reading US adults are spending less time on Twitter since Elon Musk took over →