Page 106 - Elon Musk

Elon Musk sells another $3.58 bn worth of Tesla stock, purpose unknown

Elon Musk sold another USD 3.58 billion worth of Tesla stock this week, but it wasn't clear where the proceeds were being spent. The Tesla CEO, and new owner of Twitter, sold the shares from Monday through Wednesday, according to a filing posted Wednesday night by the US Securities and Exchange Commission. Musk has sold nearly USD 23 billion worth of Tesla stock since April, with much of the money likely going to help fund his USD 44 billion acquisition of Twitter. The sale comes as shares of the electric vehicle and solar panel maker have collapsed, losing over half their value since Musk first disclosed in April that he was buying up Twitter stock. The falling shares have bumped Musk from his status as the world's wealthiest person, with his net worth falling to USD 174 billion, according to Forbes. He was passed last week by French fashion and cosmetics magnate Bernard Arnault. The takeover of Twitter has not been smooth, and some big companies have halted advertising on the s

Twitter must tell fired workers about severance lawsuit, says US judge

Filed by a handful of workers, the suit alleges Twitter failed to give the required 60 to 90 days notice about the mass layoffs and is shortchanging the former employees on severance pay

Twitter suspends accounts tracking Elon Musk's jet and the man behind it

Musk said in a tweet that legal action was being taken against Sweeney and the "organizations who supported harm to my family"

Banks that lent to Elon Musk to book Twitter loan losses, avoid hits

Besides Morgan Stanley, the syndicate includes Bank of America Corp, Barclays Plc, Mitsubishi UFJ Financial Group Inc, BNP Paribas SA, Mizuho Financial Group Inc and Societe Generale SA

Anti-LGBTQ slurs increase on Twitter after Musk's takeover: Report

Anti-LGBTQ slurs have increased on Twitter since Elon Musk took over as CEO, despite his claims and actions to the contrary, including disbanding Twitter's Trust and Safety Council

Elon Musk no longer world's richest man after losing $100 bn in net worth

Elon Musk, who saw his net worth tumble by more than $100 billion in 2022, has been replaced by Bernard Arnault, the chief executive of Louis Vuitton's parent company LVMH, as the world's richest man

Elon Musk's Twitter disbands its 100-member Trust and Safety advisory group

Elon Musk's Twitter has dissolved its Trust and Safety Council, the advisory group of around 100 independent civil, human rights and other organisations that the company formed in 2016 to address hate speech, child exploitation, suicide, self-harm and other problems on the platform. The council had been scheduled to meet with Twitter representatives Monday night. But Twitter informed the group via email that it was disbanding it shortly before the meeting was to take place, according to multiple members. The council members, who provided images of the email from Twitter to The Associated Press, spoke on the condition of anonymity due to fears of retaliation. Our work to make Twitter a safe, informative place will be moving faster and more aggressively than ever before and we will continue to welcome your ideas going forward about how to achieve this goal, said the email, which was signed Twitter. The volunteer group provided expertise and guidance on how Twitter could better combat

Elon Musk's SpaceX tender offer is said to value company at $140 billion

Space Exploration Technologies Corp., as the company is formally called, is offering the shares for $77 apiece

LIVE: It's not 1962 anymore, will give a befitting reply, says Arunachal CM

Catch all the latest news and updates from around the world here

Elon Musk gets booed by crowd at show over recent transphobic remarks

After recently making transphobic remarks, Twitter CEO Elon Musk got booed by the crowd when he appeared onstage with comedian Dave Chappelle

Elon Musk's archaic management style prioritises profit over people

Musk adheres to a mechanistic style of management that treats employees like cogs in a machine, rather than human beings

Elon Musk's attacks on Anthony Fauci 'disgusting,' says White House

Musk in a tweet on Sunday mocked the use of gender pronouns and called for Fauci to be prosecuted. "My pronouns are Prosecute/Fauci," he wrote

Twitter Blue premium service is back, including 'verified' badges

Twitter's updated account verification program has finally launched

Twitter relaunching subscriber service after previous month's debacle

Twitter is once again attempting to launch its premium service, a month after a previous attempt failed. The social media company said Saturday it would let users buy subscriptions to Twitter Blue to get a blue checkmark and access special features starting Monday. The blue checkmark was originally given to companies, celebrities, government entities and journalists verified by the platform. After Elon Musk bought Twitter for $44 billion in October, he launched a service granting blue checks to anyone willing to pay $8 a month. But it was inundated by imposter accounts, including those impersonating Musk's businesses Tesla and SpaceX, so Twitter suspended the service days after its launch. The relaunched service will cost $8 a month for web users and $11 a month for iPhone users. Twitter says subscribers will see fewer ads, be able to post longer videos and have their tweets featured more prominently.

Latest news LIVE: Bhupendra Patel takes oath as Gujarat CM for second term

Catch all the latest news and updates from around the world here

Twitter to increase 280 character limit to 4,000, confirms Elon Musk

It started with a user asking Musk if the character count is being increased, to which he said 'yes'

Elon Musk to sue Twitter employees for leaking company info to media

Elon Musk has reportedly threatened to sue Twitter employees who leak company information to the media and has told them to sign a pledge indicating they've understood him clearly

Musk hints at unveiling Twitter's 'darkest secrets', calls it 'crime scene'

Twitter CEO Elon Musk created a stir among the microblogging site's users with yet another cryptic series of tweets.

Twitter to relaunch premium subscription service 'Blue' after debacle

Twitter is once again attempting to launch its premium service, a month after a previous attempt failed. The social media company said on Saturday it would let users buy subscriptions to Twitter Blue to get a blue checkmark and access special features starting Monday. The blue checkmark was originally given to companies, celebrities, government entities and journalists verified by the platform. After Elon Musk bought Twitter for USD 44 billion in October, he launched a service granting blue checks to anyone willing to pay USD 8 a month. But it was inundated by imposter accounts, including those impersonating Musk's businesses Tesla and SpaceX, so Twitter suspended the service days after its launch. The relaunched service will cost USD 8 a month for web users and USD 11 a month for iPhone users. Twitter says subscribers will see fewer ads, be able to post longer videos and have their tweets featured more prominently.

Musk's Twitter selling espresso machine, office fridge; bids start at $25

After Elon Musk revealed that Twitter spends $13 million a year on food service at its San Francisco headquarters, the company is selling at least 265 kitchen appliances and office furniture online