Elon Musk

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Elon Musk Fires Twitter's Board of Directors

Owner is now the company's only director

(Newser) - Elon Musk is now the sole director of Twitter. According to a securities filing Monday, the company's nine-member board of directors has been dissolved following Musk's takeover of the company, the Wall Street Journal reports. The filing states that the nine, including ousted CEO Parag Agrawal, are no...

Report: Musk Plans to Charge for Twitter Verification

Sources say 'revamped' service will cost $20 a month

(Newser) - New Twitter owner Elon Musk is planning to change the platform's verification process, though it's not clear what form the changes to the "blue tick" system will take. "The whole verification process is being revamped right now," Musk tweeted Sunday in response to spaceflight photographer...

Musk Joins Roger Stone in Doubting Attack on Pelosi

Twitter's new owner linked to misinformation

(Newser) - Elon Musk, who faces widespread doubts about his commitment to minimize hate speech and misinformation on Twitter, became one of the spreaders on Sunday, days after assuming ownership of the site. In a tweet, the billionaire sent followers to an article with baseless claims involving the violent attack on Paul...

A Tuesday Deadline May Be Bad News for Twitter Staffers

They'll get stock options that day, unless Elon Musk lays them off first

(Newser) - When his takeover of Twitter became official, Elon Musk wasted no time in firing its top execs . Now rank-and-file workers may have an anxious few days. The New York Times reports that Musk planned to begin promised layoffs this weekend, in part because of a looming deadline. Twitter employees are...

After Musk Takes Twitter Helm, Hate Speech Proliferates

New owner says he's going to form a 'content moderation council'

(Newser) - As the new owner of Twitter , Elon Musk has vowed to champion free speech without turning the social media platform into a "hellscape." Just hours into his tenure at the helm, however, the hellscape appeared to be winning out. The Washington Post and Vice report on the racist,...

Trump Sounds Happy About Musk's Twitter Takeover

Former president praises 'sane hands,' but doesn't say whether he would return if allowed

(Newser) - Twitter is now officially in the hands of Elon Musk , who has said former President Trump's ban from the "left-biased" platform over his comments praising Jan. 6 rioters was a "mistake." The big question now is whether Trump will return to Twitter, where he counted nearly...

Late-Night Hosts Couldn't Resist Poking at Ye

Late-night hosts pick fun at 'desperate' Kanye West, Elon Musk's sink

(Newser) - Late-night hosts had a field day with Kanye West and Elon Musk Thursday night, with Stephen Colbert announcing West wasn’t just restricted from social media platforms but was now banned from The Late Show . "I had to do it now because I was afraid that he would just...

Elon Musk Closes Twitter Deal, Fires Top Execs

Leading to even more uncertainty around what comes next

(Newser) - Elon Musk's $44 billion deal to acquire Twitter closed Thursday night, and sources tell the Washington Post and other outlets that to kick things off, Musk fired a few of the social network's top executives. According to the sources, it was CEO Parag Agrawal, CFO Ned Segal, and...

Musk: I'm Buying Twitter to 'Try to Help Humanity'

He tells advertisers he won't let platform become a 'free-for-all hellscape'

(Newser) - Friday is the court-ordered deadline for Elon Musk to buy Twitter—and he's already talking about the acquisition. In a "Dear Twitter Advertisers" statement that Musk tweeted on Thursday, he reassured them that he won't allow it to become a "free-for-all hellscape, where anything can be...

'Chief Twit' Makes Himself at Home in Twitter's HQ

Elon Musk walks the halls before deal closes

(Newser) - It's not clear how welcome he is by employees—considering his plan to cut most of them—but Elon Musk has arrived at Twitter, walking around its San Francisco headquarters and meeting the staff. As proof, the billionaire posting a video clip Wednesday showing him entering the building while...

Musk's Plan: Cut 75% of Twitter's Staff

If sale falls through, company still wants to reduce payroll by 25%

(Newser) - Elon Musk plans to cut as much as 75% of the staff if he takes over Twitter, a reduction analysts said would be certain to affect millions of users. If his takeover fails, the Washington Post reports, Twitter's management still plans to reduce the workforce by nearly one-fourth. Musk'...

Fiona Hill: Putin May Be Playing Elon Musk
Fiona Hill:
Putin May Be
Playing
Elon Musk
interview
Oct 17, 2022 12:55 PM CDT

Fiona Hill: Putin May Be Playing Elon Musk

'It’s very clear that Elon Musk is transmitting a message' for the Russian leader

(Newser) - Fiona Hill has advised presidents of both parties and is, as Politico points out, renowned for her knowledge of Russia in general and Vladimir Putin in particular. In a lengthy interview with the outlet, Hill doesn't have much good news to impart about the Ukraine war. "There is...

Musk Flops, Apparently, on Paying for Starlink

SpaceX founder tried to get Pentagon to step in on program in Ukraine

(Newser) - He may have sounded a little bitter about the whole thing, but Elon Musk nonetheless said Saturday that SpaceX will keep covering the cost of its Starlink satellite terminals in Ukraine. "The hell with it … even though Starlink is still losing money & other companies are getting billions...

SpaceX: We Can't Keep Paying for Ukraine Satellites

CNN reports the company wants Pentagon to start picking up the tab for Starlink

(Newser) - Last Friday, Elon Musk laid out on Twitter how much it's cost his SpaceX company this year to donate 20,000 or so Starlink satellite units to Ukraine: roughly $80 million, with projections by Musk that the figure will exceed $100 million by year's end. Now, it looks...

Twitter Says Feds Are Probing Elon Musk

Social network says investigation relates to Musk's proposed acquisition

(Newser) - According to Twitter, a federal investigation into Elon Musk is underway, related to his planned acquisition of Twitter. The social media company made the assertion in a court filing Thursday, CNN reports. It's not clear what, exactly, might be under investigation, nor which agencies might be involved. Musk first...

Musk Denies Talking to Putin Before Posting Poll

He says he's only spoken to Russian president once, and it was about space

(Newser) - Elon Musk is denying a report that he spoke to Vladimir Putin before he tweeted his "Ukraine-Russia Peace" proposal last week. Ian Bremmer, president of the Eurasia Group political risk consultancy, said in a note to clients Monday that when he spoke to Musk two weeks ago, the Tesla...

Ukrainian Diplomat Has 2-Word Response to Elon Musk Proposal
Ukrainian Diplomat Has 2-Word
Retort to Elon Musk Proposal
IN CASE YOU MISSED IT
Oct 8, 2022 12:45 PM CDT

Ukrainian Diplomat Has 2-Word Retort to Elon Musk Proposal

And it's NSFW

(Newser) - On Monday, Elon Musk tweeted a proposal for what he termed "Ukraine-Russia Peace." It didn't land well with many. The Tesla and SpaceX CEO's idea: "Redo elections of annexed regions under UN supervision. Russia leaves if that is will of the people. Crimea formally part...

Accused of 'Mischief,' Musk Gets Deadline in Twitter Deal

Company, billionaire trade insults in filings before court puts off trial

(Newser) - Close your purchase of Twitter by Oct. 28 or prepare for trial, a Delaware Chancery judge told Elon Musk on Thursday. The decision, which followed back-and-forth filings from the company and the suitor, effectively delays the proceeding, which had been scheduled for Oct. 17. Musk wanted more time to pull...

Musk's Next Plans Apparently Include an 'Everything App'

On heels of Tesla/SpaceX CEO's renewed offer to buy Twitter, he references 'X'

(Newser) - With Elon Musk's plan to purchase Twitter apparently back on , he's now teasing his next move, and it sounds just as ambitious. Those intentions came via a rather cryptic-sounding tweet on Tuesday, and speculation on what he might mean is already making the rounds. "Buying Twitter is...

Report: Musk Agrees to Buy Twitter for April Price

He offered $54.20 per share at that time

(Newser) - Elon Musk told Twitter in a letter that he would go ahead with the purchase of the company at the $54.20 per share that he originally offered in April, sources tell Bloomberg . The New York Times' sources echo that, saying the offer was made Monday night. The AP reports...

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