Elon Musk has only been in control of Twitter for a short time, but he’s already making big moves. Musk fired a number of key executives on day one including Twitter CEO Parag Agrawal, but in a new tweet he claims he’ll be moving more slowly when it comes to making content moderation decisions. Musk […]
That Elon Musk closed his buy of Twitter this week has been wall-to-wall news. With the former executive team out, jokes in, and Musk now in control of the social service, a long chapter in technology history has been written. Views vary regarding what’s next for Twitter, be it looser content moderation guidelines or the […]
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We hope that you are in good form this Friday, alive, well, and ready to rock. We certainly were. And in a change of pace, as our dear Mary Ann was off this […]
After Elon Musk completed his Twitter takeover, multiple reports and tweets from company employees suggested that he fired CEO Parag Agrawal, CFO Ned Segal, general counsel Sean Edgett, and head of legal policy, trust and safety Vijaya Gadde were leaving the company immediately. Now he might take over the top job — at least for […]
Elon Musk fired key Twitter executives Thursday, one of his first moves as the official owner of the social media platform. According to reports from the New York Times, CNBC, the Wall Street Journal, the Washington Post and other outlets, Musk fired CEO Parag Agrawal, CFO Ned Segal, general counsel Sean Edgett, and head of […]
Elon Musk published a note addressed to Twitter advertisers on his account this morning, the day before his court-ordered deadline to close his $44 billion acquisition of the social media platform. In the short address, Musk — who is currently in San Francisco and spending the week at Twitter HQ — explains to Twitter advertisers […]
Elon Musk told Twitter employees Wednesday that he’s not planning on laying off 75% of staff when he takes over the company, Bloomberg reports, citing “people familiar with the matter.” This is a walk back from what Musk reportedly said last week. The celebrity executive denied the previously reported number when he addressed employees at […]
Shortly after changing his bio to “Chief Twit,” Elon Musk posted a video of himself walking into Twitter’s San Francisco headquarters. “Entering Twitter HQ — let that sink in!” he wrote. The video depicted him walking into the office holding a sink, referencing a years-old, stale meme, as is par for the course with him. […]
Elon Musk’s on-again off-again plan to buy Twitter is on track to culminate in the billionaire taking control of the company this week. Musk is expected to close the deal by Friday, October 28, putting him officially in charge of one of the most prominent social networks in the world. Musk reportedly informed bankers of […]
Musk has previously gestured at plans for layoffs if he were to buy Twitter, but those cuts could go even deeper than previously imagined. According to a new report from the Washington Post, Musk plans to purge 75% of Twitter’s workforce, or around 5,600 employees. If Musk’s vision for a much leaner platform comes to […]
