Items tagged with Elon Musk

Hundreds of Twitter employees are said to be exiting the company following an ultimatum from Musk to work "long hours at high intensity" or leave. Elon Musk already fired half of the workforce, including top management, and introduced a new Twitter Blue subscription plan in a bid to make the company profitable since taking over. Twitter's Read more...
Musk's Twitter saga continues to evolve, as the company undergoes an extremely raucous 48 hours. The billionaire has been making some questionable changes in what he says are attempts to make the social media platform profitable. Since Elon Musk took over as Twitter CEO a little over two weeks ago, it seems as though each new day brings Read more...
Elon Musk is not taking bankruptcy off the table as the billionaire continues to try and make the social media platform profitable. The talk of possible bankruptcy also led to a few more top figures leaving the company. Musk seems to be throwing a lot of stuff at the wall in order to see what sticks entering his... Read more...
As Elon Musk pushes to begin charging users to keep their coveted check marks, it appears scammers are beginning to target users who already have one by their username. The new CEO of Twitter has also mentioned that the verification process is currently being "revamped." In what Musk says is an attempt to make... Read more...
Elon Musk follows up his $44 billion buyout of Twitter by announcing his plans for charging more for Twitter Blue, a new video paywall feature, as well as teasing a possible Vine comeback. The billionaire is searching for ways to make the social media platform profitable. Musk finalized the deal to buyout Twitter... Read more...
It appears that the Elon Musk and Twitter drama may finally be coming to a close. In a tweet, Twitter announced that Musk intends to close the deal at $54.20 per share. Elon Musk announced his intention to buy Twitter back in April of this year for over $41 billion, or $54.20 per share. At the time of the proposal... Read more...
A SpaceX Falcon 9 rocket launched 52 more satellites into low-Earth orbit this past Saturday, marking the fourth launch and landing for this particular Falcon 9 first stage booster. The launch from Cape Canaveral Space Force Station in Florida provided a gorgeous image as it left a colorful path through clouds in the... Read more...
While Elon Musk's Starlink satellite service has been expanding over the last year, its average internet speed it provides has been slowing down. A new report from Ookla indicates that the company's internet service had slowed in every country it surveyed over the last year. Elon Musk made headlines earlier this... Read more...
The Twitter drama continues, as Elon Musk scores a small victory in court. A judge has determined that Musk has the right to view documents pertaining to Twitter's ex-general manager, Kayvon Beykpour. Twitter and Elon Musk have been embroiled in a battle over the last several months concerning whether or not the... Read more...
According to people familiar with the Twitter buyout, the deal may be in jeopardy due to Elon Musk's team concluding that Twitter's numbers on spam accounts are not verifiable. Those speaking on the condition of anonymity, stated that Musk's team has stopped engaging in certain discussions surrounding the funding for... Read more...
A new analysis presented by SpaceX states that 5G could render its Starlink internet service "unusable." The focus of the analysis was on Dish's attempt to open up the 12GHz spectrum for both satellite use and the company's 5G mobile network. SpaceX has spent a lot of time and resources on trying to beef up its... Read more...
What is happening at Tesla’s factories? Rumor has it that Tesla has been terminating a large number of its employees and these rumors may now be confirmed. Two former Tesla employees are filing a class action lawsuit that claims Tesla’s mass layoffs violated federal law. John Lynch and Daxton Hartsfield formerly... Read more...
Elon Musk and Twitter have both been named in a lawsuit that alleges the Tesla CEO attempted to create doubt about his plans to purchase the social media platform in order to get a lower price. Shareholder William Heresniak from Virginia states in the lawsuit that he is doing so on behalf of all Twitter... Read more...
Some would argue that there are too many people living on the planet and that human beings need to reduce the size of their families. However, others contend that birthrates are simply too low. Tesla and SpaceX CEO Elon Musk recently argued that human beings need to keep having children otherwise humankind will... Read more...
SpaceX launches another 53 Starlink satellites into orbit, marking the third launch of a Falcon 9 rocket in just five days. Liftoff was at 6:59 a.m. EDT, after a 39 minute delay. Perhaps one of the few things that can distract Elon Musk from the Twitter drama is a launch of a Falcon 9 rocket carrying more Starlink... Read more...
The Twitter buyout drama continues, as Elon Musk fires off a tweet saying the deal cannot move forward until Twitter CEO Parag Agrawal provides proof of <5% fake/spam accounts. It is just the latest tweet from Musk in the ever-evolving saga of the billionaire trying to close out the multi-billion dollar... Read more...
Elon Musk tweeted that his $44 billion deal for Twitter is "temporarily on hold" pending details that support the social media platform's calculation that spam/fake accounts make up less than 5% of its users. Twitter stock fell more than 20% following his tweet, but since his follow-up tweet stating he was still committed to the deal, the Read more...
Elon Musk confirmed his plan to reinstate Donald Trump's Twitter account if the sale of the social media platform goes through. The tech mogul currently has a $44 billion bid to buy Twitter. The potential of Trump's account being reinstated has been the source of ire for some, and jubilation for others. While... Read more...
Cryptocurrency scams are quite common these days, likely due, at least in part, to the perception that cryptocurrency is an easily accessible investment vehicle. Just last week, the Security and Exchange Commission (SEC) announced that it is almost doubling the size of its Crypto Assests and Cyber Unit in the hopes of... Read more...
The theatrical Twitter and Musk saga continues. However, there may soon be an end in sight—Twitter’s board is reportedly seriously considering accepting Elon Musk’s offer to purchase Twitter. Twitter’s board has been considering Musk’s offer more seriously since he unveiled the financial package he put together to... Read more...
Elon Musk took a poke at fellow billionaire Bill Gates on Twitter, saying the Microsoft founder is "short" on Musk's Tesla stock. The poke came in response to a tweet that seemed to show a text exchange between Musk and Gates. Elon Musk and Bill Gates take different approaches with their philanthropy. Gates has... Read more...
Tesla and SpaceX CEO Elon Musk’s bid to buy Twitter becomes more complicated and interesting by the day. The last few days in particular have only deepened the battlelines between Musk and Twitter’s board. Musk has threatened to reduce Twitter’s board member’s salaries to $0 if he successfully purchases... Read more...
1 2 3 4 5 Next