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Twitter Fires Two Of Its Top Leaders

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Twitter CEO Parag Agrawal has announced that two of the company’s leaders have been fired. . Kayvon Beykpour, General Manager of Consumer, and Bruce Falck, Revenue Product Lead, originally joined the company when Twitter acquired live video streaming app Periscope in 2015. .

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Meta Preps for the Launch of New Twitter Competitor: Threads

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The app is a text-based conversation platform that offers a microblogging experience similar to Twitter, according to the Associated Press. The timing of the launch arrives when there is growing user frustration over recent changes implemented at Twitter.

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Twitter Lays Off 10% Of Its Workforce 

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Farewells were posted on Twitter by those that had been laid off, and the remaining employees used encrypted messaging services verify who was still employed. This came shortly after his decision to let go nearly half of Twitter’s workforce just a week after he had taken control of the company.

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Can The World’s Richest Person Actually Afford Twitter?

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The most recent of these acquisitions has been Elon Musk’s purchase of Twitter for $44 billion, but how he does so is still up for debate. . Musk is currently the world’s richest person but has brought together nine banks to help finance his purchase of Twitter. The post Can The World’s Richest Person Actually Afford Twitter?

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Twitter Faces Lawsuit Over Millions in Unpaid Bonuses

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What’s going on: Twitter is facing a lawsuit filed by its former senior director of compensation, Mark Schobinger, who claims the company failed to pay millions of dollars in promised bonuses to workers, according to Reuters. Twitter is one of the large tech companies that underwent massive layoffs this year.

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Elon Musk Says “Twitter Deal Temporarily On Hold”

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Elon Musk has revealed that he is pausing his Twitter acquisition to further investigate the number of spam accounts on the platform. . Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted. .

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Elon Musk Attempts To Ease Remote Work Concerns During Twitter Meeting

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During a companywide Twitter meeting, Elon Musk addressed his potential future employees and responded to their concerns. . One of the biggest worries Twitter employees have expressed about Musk’s takeover is his view of remote work. Now, that culture of understanding may be at risk. .

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