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Elon Musk claims that Twitter has had a’very difficult 4 month’, but that the company has a’shot’ at cash-flow positivity next quarter

March 8, 2023 By Peter Leave a Comment

[TAG0][TAG1] Elon Musk, CEO of Twitter, stated that the company has a chance to become cash-flow positive in the next quarter. Since Musk's acquisition, Twitter has seen a decline in advertising revenue. Musk stated that the social-media platform is trying to increase ad spending on it. Elon Musk, CEO of Twitter, said that despite declining advertising revenues, the … [Read more...]

Filed Under: Features

Elon Musk says that the federal investigation into Twitter is a “weaponization” of a government agency for politically motivated purposes and a “serious attack against the Constitution”.

March 8, 2023 By Peter Leave a Comment

[TAG0][TAG1] According to The Wall Street Journal, the FTC requested access to Twitter's internal communications. Twitter was also requested by the agency to identify all journalists who had access to its systems. Elon Musk described this as a "serious assault on the Constitution" in its relation to freedom of press. Elon Musk criticised the Federal Trade … [Read more...]

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One week before her child was born, a Twitter worker laid off claimed that she lost her health insurance.

March 7, 2023 By Peter Leave a Comment

[TAG0][TAG1] A former employee of Twitter lost her company's health insurance one week before she gave birth, according to reports. CNN reported that Bim Ali was just weeks away from starting her maternity leave, and she was then laid off. Ali stated to the outlet that she was spending more time with her baby than searching for a job. Twitter laid off a woman before she … [Read more...]

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Which Twitter alternatives have staying power? And which Clubhouse will be next?

March 6, 2023 By Peter Leave a Comment

We are glad to see you back readers. I wish you a relaxing Christmas with your loved ones. I'm your host, Jordan Parker Erb. The rest of the week I will highlight some of Insider's most important investigations, features and other highlights. Today we will be looking back at everything, from employee anger at Amazon to Thomas Kurian’s three-year reign as Google Cloud's chief executive. Let's … [Read more...]

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SpaceX history: Elon Musk’s 20 years old company shares 13 of its most important moments

March 6, 2023 By Peter Leave a Comment

Elon Musk, CEO of SpaceX, stands beside a Falcon 9 launch.REUTERS/Mike Brown/Getty Pictures SpaceX was founded by Elon Musk in 2002. He has also invested a large amount of his fortune into the venture. Elon Musk in his office in 2004. Paul Harris/Getty Images Lori Garver, former NASA deputy administrator wrote that Elon was so offended by this act that he decided to start his own rocket … [Read more...]

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Warren Buffett-backed Chinese EV maker BYD suffered $18 billion of value loss in the price war with Tesla.

March 6, 2023 By Peter Leave a Comment

[TAG0][TAG1] China's BYD shares have dropped 14% over the past month, as Tesla pushes ahead with a price battle. The Warren Buffett-backed EV maker has lost $18 billion due to the stock market plunge. Buffett's Berkshire Hathaway still has gains of approximately 5,500% from its initial BYD investment. The Warren Buffett-backed BYD suffered a $18 billion loss in value … [Read more...]

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Layoffs could spread contagion and force workers who aren’t affected to quit.

March 4, 2023 By Peter Leave a Comment

[TAG0][TAG2] Studies have shown that quitting can be contagious. New research suggests that layoffs may be linked to the same phenomenon. The findings are crucial for companies like Disney and Twitter, which often conduct layoffs. Since long ago, researchers have known that quitting can be contagious. One employee's departure can have ripple effects on other … [Read more...]

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The Netherlands Gets a New Tesla Supercharger 44

March 4, 2023 By Peter Leave a Comment

---------------------------------------------------------------------------------------------------------------------------------------By: Oliver HaslamTitle: New Tesla Supercharger V4 Being Installed In The NetherlandsSourced From: www.redmondpie.com/new-tesla-supercharger-v4-being-installed-in-the-netherlands/Published Date: Fri, 03 Mar 2023 21:54:35 +0000 … [Read more...]

Filed Under: Features

Tesla Now Offers Unlimited Overnight Charging for $30/m

March 3, 2023 By Peter Leave a Comment

---------------------------------------------------------------------------------------------------------------------------------------By: Oliver HaslamTitle: Tesla Now Offers Unlimited Overnight Charging For $30/mSourced From: www.redmondpie.com/tesla-now-offers-unlimited-overnight-charging-for-30m/Published Date: Thu, 02 Mar 2023 18:05:06 +0000 … [Read more...]

Filed Under: Features

Elon Musk loses the top spot 48 hours after his crowning as the world’s most wealthy person — again

March 2, 2023 By Peter Leave a Comment

[TAG0][TAG1] Bloomberg reports that Elon Musk's net worth dropped by $2 billion to $184 Billion on Thursday. He is now second in wealth after Bernard Arnault, CEO of LVMH. Musk knocked Arnault off top spot 48 hours back, but he was hit on Wednesday by a drop in Tesla stock. Elon Musk was dethroned again just 48 hours after he claimed his title as the world's … [Read more...]

Filed Under: Features

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