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The report added that half of the workers were fired within months of the acquisition. Tech billionaire Elon Musk made a lot of noise when he bought Twitter (now X) for $44 billion in 2022. The social media platform has seen quite a few changes since then. Now, as per a report by The Telegraph, Elon…
Read More “Elon Musk Asked X Employees To Justify Their Jobs. Then Fired 6,000: Report” »
The probe concerns whether Musk broke federal securities laws in 2022 when he bought stock in Twitter. San Francisco: A federal judge on Thursday indicated a willingness to compel Elon Musk to testify again in the U.S. Securities and Exchange Commission’s investigation into his $44 billion takeover of Twitter. Lawyers for the billionaire appeared in…
Read More “Elon Musk May Be Ordered To Testify Again In US Regulator’s Twitter Takeover Probe” »
Representational Image Islamabad: A Pakistan High Court on Wednesday said the government must restore social media platform X within one week, a lawyer said, after more than two months of disruption ordered by the interior ministry. The platform, formerly known as Twitter, has been rarely accessible since February 17, when jailed former prime minister Imran…
Read More “Pakistan High Court Orders Government To Restore X, Formerly Twitter, Within 1 Week” »
Four former top Twitter executives, including former CEO Parag Agrawal, have sued Elon Musk. San Francisco: Four former top Twitter executives, including former CEO Parag Agrawal, have sued Elon Musk for over $128 million in severance, the Wall Street Journal reported on Monday. The other plaintiffs are Ned Segal, Twitter’s former chief financial officer; Vijaya…
Read More “Ex-Twitter CEO Parag Agrawal, 3 Others Sue Elon Musk Over Unpaid Severance: Report” »
Elon Musk bought the microblogging site for $44 billion in 2022. Billionaire Elon Musk’s platform X, which was formerly known as Twitter, is now valued at less than half of what he purchased it for, a year ago. Mr Musk has earlier acknowledged that he had overpaid for Twitter, which he bought for $44 billion,…
EU is opening an investigation into Elon Musk’s social media platform X over disinformation. Brussels: The European Commission said Thursday it is opening an investigation into Elon Musk’s social media platform X, formerly Twitter, to determine if it has allowed the spread of disinformation about the conflict in the Middle East. The Commission said it…
Read More “EU To Investigate Elon Musk’s X For Potential Hamas-Israel War Disinformation” »
The government has issued notices to X, YouTube, and Telegram (Representational) New Delhi: The government has issued notices to social media platforms X, formerly Twitter, YouTube, and Telegram to remove child sexual abuse material from their platforms in India, an official statement said on Friday. Minister of State for Electronics and IT, Rajiv Chandrasekhar said…
Elon Musk bought Twitter for $44 billion last year in October after months of negotiation. Wilmington: Elon Musk, the world’s richest man, is under investigation by the U.S. Securities and Exchange Commission over his $44 billion takeover of social media giant Twitter, according to a Thursday court filing in which the agency sought to compel…
Read More “US Regulator To Investigate Elon Musk’s Twitter Stock Purchases” »
Elon Musk’s X has faced an array of legal actions over unpaid rent. San Francisco: Elon Musk’s X Corp, facing its own legal claims over unpaid rent, has sued a financial services company to recoup more than $713,500 in allegedly past due rent and other fees stemming from a sublease agreement for San Francisco office…
Read More “Elon Musk’s X Corp In Another Legal Fight Over Unpaid Rent” »
Gupta was designated as X’s Head of Global Government Affairs for India New Delhi: Social media platform X’s head of policy for India and South Asia, Samiran Gupta, has resigned, two sources said, a top departure that comes ahead of India elections and as the company fights a court battle with New Delhi over content…
Read More “X’s Twitter Senior India Employee Samiran Gupta Resigns: Report” »
