Live updates from the meeting

Live updates from the meeting

Thu, Jun 16 20221:10 PM EDT Meeting has ended and employees are worried about layoffs The all-hands meeting concluded around 1 pm Eastern Time. According to a source, the majority of the reactions on Twitter’s Slack messaging board were negative in nature. Employees expressed that many of their worries about layoffs, remote work, a reduced … Read more

Tesla CEO Elon Musk won’t join Twitter’s board after all

Tesla CEO Elon Musk won’t join Twitter’s board after all

SAN FRANCISCO– Billionaire Elon Musk, one of Twitter’s biggest shareholders, is reversing course and will no longer join the company’s board of directors, less than a week after being awarded a seat. Twitter CEO Parag Agrawal announced the news, which followed a weekend of Musk tweets suggesting changes to Twitter, including making the site ad-free. … Read more

Elon Musk challenges Twitter CEO Parag Agrawal to a debate on bots

Elon Musk challenges Twitter CEO Parag Agrawal to a debate on bots

Centi-billionaire Elon Musk provoked Twitter and challenged the company’s CEO Parag Agrawal to a “public debate” about fake accounts and spam in the midst of a contentious legal battle over a $44 billion acquisition. Musk filed a bid with the Securities and Exchange to acquire Twitter back in April this year. After the companies agreed … Read more

Musk’s Twitter deal faces backlash from advocacy groups

Musk’s Twitter deal faces backlash from advocacy groups

Pavlo Gonchar | Light Rocket | Getty Images A dozen advocacy groups are launching a new campaign Friday aimed at blocking Tesla CEO Elon Musk’s $44 billion purchase of Twitter, warning he will degrade important safeguards on the platform if he’s allowed to take control. The Stop the Deal campaign, shared exclusively with CNBC, includes … Read more

Twitter accepts Elon Musk’s buyout deal

Twitter accepts Elon Musk’s buyout deal

Twitter’s board has accepted an offer from billionaire Elon Musk to buy the social media company and take it private, the company announced Monday. The stock closed up 5.64% for the day after it was halted for the news. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square … Read more

Tesla boss Elon Musk blasts Biden, Democrats on Twitter

Tesla boss Elon Musk blasts Biden, Democrats on Twitter

Elon Musk, co-founder and chief executive officer of Tesla Motors. Yuriko Nakao | Bloomberg | Getty Images Tesla CEO Elon Musk on Friday blasted the Biden administration and Democrats on Twitter, as the world’s richest person doubled down on his vow to vote for Republicans. Musk in a tweet accused the Biden administration of doing … Read more