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Twitter cuts 50% of staff as Elon Musk reforms the company
Nov06

Twitter cuts 50% of staff as Elon Musk reforms the company

Elon Musk has fulfilled his promise to clean the ranks of Twitter. He has culled around 50% of its entire workforce to rationalize the business. Photo by greenwish _ on Pexels.com The Twitter transition team told staff that they would receive an email to let them know if they still have a job or not. Internal managers have pegged the job cut at around 50% of the entire staff. Musk recently hinted the potential of job cuts to potential...

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Elon Must says Blue tick is available to all users at $8 per month
Nov01

Elon Must says Blue tick is available to all users at $8 per month

Image Credit: Free Press Journal Reports making the rounds of a monthly charge for the famous Twitter Blue badge are not far from the truth after all. On Tuesday, Elon Musk who recently completed is Twitter acquisition confirmed that users interested in the badge will have to pay $8 monthly fee. What Musk said: The new billionaire owner of Twitter who also calls himself the “Chief Twit,” said price will be “adjusted by country...

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Elon Musk Becomes Sole Director of Twitter After Firing the Board of Directors
Nov01

Elon Musk Becomes Sole Director of Twitter After Firing the Board of Directors

But Elon said it’s only temporary. https://twitter.com/elonmusk/status/1587317099843796992/photo/1   Dissolution of the Board of Directors  After buying Twitter last week, Elon will be its chief executive. He’s thinking of revamping the platform. One of the changes he’s contemplating on doing is cutting some jobs. And dissolve Twitter’s Board of Directors.  In response to an article, Elon said that the removal of the board...

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Twitter to charge $20 for Blue Badge
Oct31

Twitter to charge $20 for Blue Badge

How much do you think the Twitter Blue badge is worth? Well, if you really crave the Blue check that is also known as verification badge, then you should know that you can now buy one for $19.99 per month. As per The Verge, new Twitter owner Elon Musk has been tasked with the duty of creating a new tier for the Blue badge. It means those who earnestly want to use the badge will have to pay a monthly fee of $19.99 every month. Citing...

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General Motors suspends paid ads on Twitter
Oct29

General Motors suspends paid ads on Twitter

Credit: PYMNTS Elon Musk’s Twitter will not be getting ad support from General Motors for the coming days. Per TechCrunch, General Motors has temporarily paused paid ads on Twitter. This was first reported by CNBS, and has now been confirmed by TechCrunch. “We are engaging with Twitter to understand the direction of the platform under their new ownership,” the company said in an emailed statement to TechCrunch. “As is normal course of...

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Twitter to be delisted from the New York Stock Exchange
Oct28

Twitter to be delisted from the New York Stock Exchange

Image Credit: Reuters It has been 24 hours of activities within the Twitter headquarters following the Elon Musk takeover. After announcing the exits of some top executives of the company including CEO Parag Agrawal, Twitter’s stock will be delisted from the New York Stock Exchange on November 8. This is according to a new filing with the US Securities and Exchange Commission. “The New York Stock Exchange hereby notifies the SEC of...

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