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

Ed Reed shows support for Kyrie Irving in wake of anti-Semitism controversy

Ed Reed shows support for Kyrie Irving in wake of anti-Semitism controversy

While Brooklyn Nets star Kyrie Irving has come under fire for sharing an anti-Semitic video on his social media account, a University of Miami football legend says he stands with the embattled star. Ed Reed, a Pro Football Hall of Fame safety and senior adviser for the UM football team, made a series of controversial … Read more

Twitter: Elon Musk’s Indian-origin adviser defends $8 tax, gives four reasons

Twitter: Elon Musk’s Indian-origin adviser defends $8 tax, gives four reasons

Twitter’s new boss Elon Musk has been criticized for introducing a fee of $8 per month for blue cross verification. Despite fierce opposition, Musk has refused to reconsider the move, saying it’s the only way to defeat bots and trolls on Twitter. Now his Indian-origin adviser Sriram Krishnan has also defended the subscription service while … Read more

Elon Musk is forced to reckon with the disaster he created

Elon Musk is forced to reckon with the disaster he created

Less than two weeks ago, shortly after completing its $44 billion purchase of Twitter, Elon Musk shared a humorless cleverness with his large following of conservatives and free-speech absolutists, writing, on the beleaguered social media platform that “comedy is now legal.” Well, there’s been no shortage of comedy on the page since – but only … Read more

Musk says Twitter account holders impersonating others will be banned

Musk says Twitter account holders impersonating others will be banned

Elon Musk tweeted on Sunday that Twitter will permanently suspend any account on the social media platform that impersonates another. The platform’s new owner issued the warning after some celebrities changed their Twitter display names — not their account names — and tweeted as “Elon Musk” in response to billionaire’s decision to offer verified accounts … Read more

Social Media and Political Polarization in America | 60 minutes

Social Media and Political Polarization in America |  60 minutes

Social Media and Political Polarization in America | 60 Minutes – CBS News Watch CBS News The co-founder of the Center for Humane Technology tells Bill Whitaker social media companies are profiting off Americans’ online anger. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn … Read more

Twitter sees mass layoffs after Elon Musk’s takeover

Twitter sees mass layoffs after Elon Musk’s takeover

Twitter sees mass layoffs after Elon Musk’s takeover – CBS News Watch CBS News Layoffs began at Twitter just days after Elon Musk took control of the social media giant. Hope King, a business reporter for Axios, spoke to CBS News about the latest developments. Be the first to know Get browser notifications for breaking … Read more

Days after firing half the company, Twitter is asking some employees to come back

Days after firing half the company, Twitter is asking some employees to come back

Just days after firing about half of Twitter’s workforce following Elon Musk’s acquisition, the company is now asking dozens of those employees to come back. On Friday, Musk began mass layoffs at the San Francisco-based company, letting go of about 3,700 workers via email. Many Twitter employees said they learned of their layoffs after they … 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