Elon Musk sells nearly $4 billion of Tesla stock after Twitter acquisition

Elon Musk sells nearly $4 billion of Tesla stock after Twitter acquisition

Elon Musk sold nearly $4 billion in Tesla Inc. TSLA -2.93% stock after buying Twitter Inc. for 44 billion Mr. Musk sold 19.5 million shares in Tesla 4.-8. Nov., according to regulatory disclosures released Tuesday. Tesla’s CEO, who has become the world’s richest person thanks in large part to his stake in the car company, … Read more

Meta’s Mark Zuckerberg says he is in charge as the company prepares for mass layoffs

Meta’s Mark Zuckerberg says he is in charge as the company prepares for mass layoffs

When WHEN -0.26% Platforms Inc. will begin laying off employees Wednesday morning, CEO Mark Zuckerberg told hundreds of executives Tuesday. Mr. Zuckerberg appeared dejected at Tuesday’s meeting, saying he was responsible for the company’s missteps and that his overoptimism about growth had led to overstaffing, according to people familiar with the meeting. Meta’s chief human … Read more

Meta’s Mark Zuckerberg says he is in charge as the company prepares for mass layoffs

Meta’s Mark Zuckerberg says he is in charge as the company prepares for mass layoffs

When WHEN -0.26% Platforms Inc. will begin laying off employees Wednesday morning, CEO Mark Zuckerberg told hundreds of executives Tuesday. The upcoming layoffs are expected to amount to many thousands of employees and are likely to be the largest of the year so far in the tech sector, The Wall Street Journal previously reported. Mr. … Read more

Elon Musk says Twitter will permanently ban users who impersonate others

Elon Musk says Twitter will permanently ban users who impersonate others

Elon Musk is cracking down on impersonators on Twitter, tightening policies and banning celebrities including Kathy Griffin who had impersonated him. The move is one of the first by Mr. Musk, a self-described free-speech absolute, to tighten Twitter Inc.’s free-speech policy. He said on Sunday that impersonating accounts will be permanently suspended unless they are … Read more

Twitter’s free speech problem is also Tesla’s

Twitter’s free speech problem is also Tesla’s

Tesla TSLA -3.64% already had a treacherous line between China and US CEO Elon Musk has made it worse by buying Twitter. The electric car pioneer is very dependent on China. The world’s largest electric market accounted for about 24% of Tesla’s revenue in the first three quarters of this year, but the company’s greater … Read more

Twitter’s free speech problem is also Tesla’s

Twitter’s free speech problem is also Tesla’s

Tesla TSLA -3.64% already had a treacherous line between China and US CEO Elon Musk has made it worse by buying Twitter. The electric car pioneer is very dependent on China. The world’s largest electric market accounted for about 24% of Tesla’s revenue in the first three quarters of this year, but the company’s greater … Read more

Democrats are developing Elon Musk Derangement Syndrome

Democrats are developing Elon Musk Derangement Syndrome

Liberals have tried to draw parallels between Elon Musk and Donald Trump, perhaps to justify their acquired distaste for the Tesla and the new Twitter boss. But the most important thing the two provocateurs have in common is that they both drive the left wing into hysterical fits. When President Biden warned in a dark … Read more

Startups are looking to lay off techies

Startups are looking to lay off techies

Debt-laden with investor capital, tech startups plan to snap up software developers, engineers and marketers flooding the job market after job cuts at Twitter Inc., Lyft Inc. and other major tech employers. Kathy Zhu said she is fielding candidates for engineering, customer service and other roles at Streamline AI, the two-year-old tech startup she co-founded. … Read more

Startups are looking to lay off techies

Startups are looking to lay off techies

Debt-laden with investor capital, tech startups plan to snap up software developers, engineers and marketers flooding the job market after job cuts at Twitter Inc., Lyft Inc. and other major tech employers. Kathy Zhu said she is fielding candidates for engineering, customer service and other roles at Streamline AI, the two-year-old tech startup she co-founded. … Read more

The first week of Elon Musk’s Twitter was chaos and confusion for employees

The first week of Elon Musk’s Twitter was chaos and confusion for employees

Inside Twitter Inc. in the week after Elon Musk took over, almost no one seemed to know for sure what was going on. While Mr. Musk mused and joked on the platform about possible product changes, the mood among many inside the company was anxious and gloomy, according to interviews with employees. The one thing … Read more