Lawsuit Lawsuit says Twitter owes $500 million in severance to ex-employees Per Reuters A recent lawsuit against Twitter alleged that the company reportedly owned half a billion in severance to ex-employees. These severances were promised to thousands of employees that lost their jobs upon Elon Musk's acquisition. The proposed class action was filed by Courtney McMillian, who was in
twitter Twitter sued over allegedly ducking around 900 ex-worker arbitration cases since Elon Musk's acquisition Per Reuters One major thing that Elon Musk did almost immediately after acquiring Twitter was to lay off massive numbers of employees. Now, the company is being sued for "allegedly refusing to process" arbitration cases from ex-workers. It was reported that there were 891 of these cases filed
META Meta to launch Twitter competitor app 'Instagram Threads' on July 6 per App Store metadata Per The Verge Meta has previously said that they plan to launch an app that would compete with Twitter and now, it seems like their plans are coming closer to reality. This comes as App Store metadata reveals the company's upcoming Instagram Threads. App Store metadata reveals that
twitter Twitter TweetDeck to become exclusive for verified users Per CNN Twitter will be locking its TweetDeck feature behind a paywall as only verified users will have access to this tool. In just a month, the new change will go live. The TweetDeck can be a useful tool for users to monitor the different accounts that they follow. It
twitter Twitter founder Jack Dorsey calls now Elon Musk-owned platform the 'most important public square' Per Breaking Points podcast Jack Dorsey, the founder of Twitter, recently went on the Breaking Points podcast with Saager and Krystal to talk about many different topics, including the relevance of the now-Elon Musk-owned Twitter. The Twitter founder said that this might have been his first interview since he left
twitter Twitter wins two lawsuits regarding mass layoffs targeting women Per Reuters Since Elon Musk's $44 billion acquisition of Twitter, the CEO has been making drastic moves like laying off most of the company's staff. Now, the social platform has just won two lawsuits it received regarding the mass layoffs. With the company's sudden
Elon Musk Elon Musk stops allowing OpenAI to access Twitter data due to concerns regarding the lack of payment Per BI Elon Musk previously decided that Twitter would no longer provide OpenAI data. This came as the CEO said he felt the approximately $2 million yearly payment by the ChatGPT creator. Just a few weeks after OpenAI officially launched its ChatGPT tool in December, Twitter stripped the tool from
Elon Musk Elon Musk now earns $100,000 monthly from the almost 25,000 people paying $4 to subscribe to his Twitter profile Per BI Elon Musk's Twitter profile lets users pay $4 to follow it for premium news. With almost 25,000 people subscribing, the billionaire earns around $100,000 from his profile subscribers alone. This came after the now Twitter owners announced the rebranding of its "Super Followers&
twitter Twitter partners with eToro to add stock, crypto, and charts to the app Per CNBC Elon Musk has previously entertained the idea of adding tickers to Twitter, and now, this feature comes to reality with the partnership of the social platform and eToro. This is part of Musk's mission to turn eToro into a "super app." The partnership will
twitter White House won't pay for Blue verification on Twitter Per Axios Since Elon Musk's acquisition of Twitter for $44 billion, the new CEO has made massive changes to the platform. One is the decision to charge users for the Blue verification, meaning former verified individuals would need to pay to keep their verification. Now, the White House
Elon Musk Elon Musk offers $1 million bounty to find "botnets" sources after Twitter algorithm made open-source Per BI Elon Musk recently released Twitter's now-open-source algorithm, and with it, the public could dig deep into the algorithm and understand how it functioned. Upon analysis, it was found that the algorithm could affect a user's reputation score by creating "negative feedback loops."
Elon Musk Elon Musk says Twitter Algorithms to go open source on March 31 Per CNBC TV18 Elon Musk has announced that the Twitter algorithm will finally become open source on March 31. This completes his previous announcement in February, where he initially talked about the systems becoming open source. Musk's previous statement: “Prepare to be disappointed at first when our algorithm
Elon Musk Twitter employees are being offered equity grants by Elon Musk at a company valuation of $20 billion Per WSJ Twitter employees are now being offered stock awards based on the company's valuation of $20 billion. This was less than half of Elon Musk's buying price, but despite that, the new CEO says he sees a path for the stock to 10x. Musk: “I
META Meta is toying with the possibility of creating a Twitter app competitor Per Reuters Meta is looking at possibly creating another standalone app to compete with Twitter. The app would be a decentralized social network allowing users to share text updates. A Meta spokesperson gave a statement to Reuters through an email sharing that they believe that there is an opportunity for
twitter Twitter encrypted DMs along the pipeline of Elon Musk's aims this month Per Tech Crunch Elon Musk has long discussed adding new features to Twitter, including a longer character count and another evident feature, the view count. Now, the CEO says that other features he aims to roll out this month include the ability to reply to individual DMs with reaction emojis
Elon Musk Elon Musk needs to get lawyer approval before tweeting Tesla-related info, per SEC Per Yahoo Finance Elon Musk still needs to get approval from his lawyers before he says anything related to Tesla on Twitter. According to the US Securities and Exchange Commission, this is because of an earlier settlement agreement between Musk and the agency. Per a recent letter, the SEC maintained
Elon Musk Elon Musk said he plans to hire a new CEO by the end of 2023 as long as a condition is met Per CNBC Elon Musk once held a poll asking his audience on Twitter whether he should step down as CEO, and once again, the billionaire has said that he plans to step down, but this time he said that he would before the year ends. However, the CEO gave a
twitter Twitter hits 180,00 paying subscribers bringing it an estimated $27.8 million a year Per The Information After we reported that Twitter was getting closer to breakeven and Elon Musk himself replied, saying the social platform is trending to be financially healthy, a report shared how the platform now has 180,000 paying subscribers in the US. Musk shared how difficult the past three
Elon Musk Elon Musk Announces Monetization on Twitter Beta Version Could Come as Early as Next Week Per Business Insider After Elon Musk acquired Twitter for $44 billion and gave previous comments about its struggle to raise profits, he has given many proposed features and ideas that could come to the platform. One of them would be allowing users to monetize their content on Twitter by paying
morgan stanley Morgan Stanley Says They are Comfortable with Their Position on Elon Musk's High-Profile Twitter Loan Per Bloomberg In a recent interview, Morgan Stanley CEO James Gorman was asked about the multinational investment management and financial services company's position with Twitter. The company was one of the lenders in Elon Musk's multibillion acquisition of the social platform. The interview with Bloomberg TV
cdc CDC Emails Reveal It Had 'Significant Influence' on Facebook and Instagram Over COVID Moderation Per Fox News Twitter was revealed to not be the only company heavily influenced by the Center for Disease Control and Prevention (CDC), as new emails say it had "significant influence" over other social media platforms. The emails revealed that the agency influenced even Facebook and Instagram. The
morgan stanley Morgan Stanley Reports $356 Million Writedown, Which Includes Its $3.4 Billion Loan Lent to Twitter Per Bloomberg Morgan Stanley has exposure to Twitter debt worth $3.4 billion as part of Elon Musk's acquisition deal. Including the debt by the social platform, the bank is reporting a "$356 million writedown on corporate loans on its balance sheet." When asked about Twitter,
twitter Twitter Plans Further Layoffs | 50 People in the Production Division Could Lose Their Jobs Per Reuters After Elon Musk's acquisition of Twitter which cost $44 billion to take the company private, the new CEO of the social platform has made headlines for his countless actions with the now-private company. One of his most notable actions was cutting Twitter's staff count
spacex Carnival Corporation and SpaceX Reach Agreement for Global Fleet to be Equipped with Starlink WiFi Per Carnival Corporation Carnival Corporation has just announced that it reached a new agreement with SpaceX, bringing the latter's Starlink WiFi aboard a global fleet. Now, the world's largest cruise company will use SpaceX Starlink WiFi for its connection. As one of the companies of Elon
twitter Twitter SF Headquarters Starts Auctioning Off Espresso Machines, Blue Bird Neon Signs, and More Per CNBC Since Elon Musk's $44 billion acquisition of Twitter, the CEO has made drastic cost-cutting moves like letting go of two-thirds of its workforce. Now, the company is auctioning off items once part of its larger San Francisco headquarters. To get to the auction, Musk initially started
