Tag Archives: Twitter

Instead of providing the most direct route, your maps app routes you by a company’s advertisers on the way to your destination. An apps store is littered with malware and scams. A trusted search engine refuses to return results for competitors’ products. If that kind of digital apocalypse seems like a paranoid fantasy, maybe you haven’t been paying attention to what’s been going on at Twitter, where the implosion of the blue-check system as we know it has made it nearly impossible to… Source link

By Sheila Dang, Paresh Dave and Hyunjoo Jin (Reuters) -Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for “long hours at high intensity,” or leave. In a poll on the workplace app Blind, which verifies employees through their work email addresses and allows them to share information anonymously, 42% of 180 people chose the answer for “Taking exit option, I’m free!” A quarter said… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, Nov. 16, 2022 Musk’s Time at Twitter has been a mess, but he could still turn it around Elon Musk’s takeover of Twitter spurred chaos from the get-go. From bungled mass layoffs, to the launch of a verification system that Twitter halted days after its release, Musk’s first weeks… Source link

Elon Musk’s tenure at Twitter got even bumpier on Thursday, as he reportedly told employees during an emergency all-hands meeting that he can’t rule out the company filing for bankruptcy in the next year. Musk made the announcement during the all-hands meeting after an employee asked about the company’s current run rate, according to both The Information and Platformer managing editor Zoë Schiffer. Musk also reportedly told employees that if they weren’t physically at the office 40… Source link

Twitter’s new CEO and owner Elon Musk is rattling the cage at his social network and ruffling a lot of feathers both inside and outside of the company. But while some in the tech world describe that kind of chaos as a garbage fire, others see it as something very different: an opportunity. Years-old federated social networks, legacy social platforms that have their own issues, and a cacophony of pre-existing fringe efforts are all emerging as possible alternatives to Twitter. And in… Source link

Twitter’s new CEO and owner Elon Musk is rattling the cage at his social network and ruffling a lot of feathers both inside and outside of the company. But while some in the tech world describe that kind of chaos as a garbage fire, others see it as something very different: an opportunity. Years-old federated social networks, legacy social platforms that have their own issues, and a cacophony of pre-existing fringe efforts are all emerging as possible alternatives to Twitter. And in… Source link

Mere days after cutting its workforce in half, Twitter is asking some employees to return, . Citing two sources within the company, the outlet reports management at Twitter has come to the realization it either let some workers off by accident or without realizing their experience was essential to building the features Elon Musk wants to bring to the platform. Twitter did not immediately respond to Engadget’s request for comment. Platformer’s Casey Newton was the on the company’s plan,… Source link

U.S. Labor Secretary Marty Walsh is keeping a close eye on layoffs in the tech sector, including Elon Musk’s chaotic overhaul at Twitter. “As far as Twitter, that’s a whole different situation [than the broader tech layoffs],” Walsh said on Yahoo Finance Live (video above). “I don’t know enough about it, but I think that’s Elon Musk looking at the business model. I am sure at some point that will fix itself out as it moves forward.” To be sure, Musk’s changes to Twitter are moving forward this… Source link

Twitter sent employees an email Thursday notifying them that layoffs would begin on Friday morning, according to multiple news reports including The New York Times. The email told employees not to come into the office on Friday as the layoffs begin. The cuts will affect roughly half of Twitter’s workforce, according to The Times, which cited an investor and internal messages. “In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global… Source link

Elon Musk may have gotten a steal in purchasing Twitter at $44 billion, according to one of the platform’s former execs, provided he can suck value out of the platform by launching new features and cutting costs. “It’s really up to the team to execute the way they see fit, but I think they should have billions of users given the content they have that’s so valuable,” former Twitter CFO and COO Anthony Noto said on Yahoo Finance Live (video above). “And they should be valued in hundreds of… Source link