Musk, Twitter
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In the months after Elon Musk closed on his $44 billion purchase of Twitter Inc., there was a broad consensus that not only had he overpaid, but that he’d dragged some of the world’s best-known investors into a bad deal.
“X,” the site formerly known as Twitter, has been bleeding users (and advertisers) since Elon Musk took over the site and made many unpopular changes. The slow migration has exploded into an exodus to Bluesky, a competing microblogging platform that ...
Kathleen Marshall has over 25 years of writing and editing experience. She is a member of the Blockchain Council and is a certified cryptocurrency expert. Binance, the world's largest cryptocurrency exchange by trading volume, said it invested $500 million ...
Elon Musk’s X has struggled to retain advertisers since his 2022 acquisition of the social media platform. Photo by Leon Neal/Getty Images The list of stakeholders backing Musk’s purchase was initially filed by X in 2023 as part of a lawsuit filed by ...
UPDATE: Jun. 30, 2023, 6:15 p.m. EDT Elon Musk now claims this is a "temporary emergency measure." Read the update and our original report below: Go to Twitter without logging in to your account. Just go anywhere on the site. Try opening your favorite ...
Jack Dorsey, CEO of Block, laid off 40% of his staff after working out the “minimal number of people” to run his $41 billion fintech company.
Larry Ellison, Bill Ackman and Andreessen Horowitz backed Musk’s Twitter deal. It’s set to pay off in a big way.
You've likely heard of the carrot and stick routine. When you need to coerce people into doing something, shower them with gifts (carrots) on one end, and beat them with a stick (punish them for unwanted behavior) on the other. On the stick end of the ...