Page 127 - Elon Musk

Twitter staff exodus accelerates amid Musk battle, attrition hits 18.3%

Twitter Chief Executive Parag Agrawal moved to reassure employees on Wednesday that Zatko's accusations were foundationally, technically and historically inaccurate

Twitter CEO tells staff whistleblower's claims are 'inaccurate' at meeting

Twitter General Counsel Sean Edgett also told employees the company reached out to various agencies around the world before the news broke.

Twitter backs spam account methodology in response to SEC letter

U.S. securities regulators are questioning Twitter about how it calculates the number of fake accounts on its platform. The Securities and Exchange Commission in June asked the company about the methodology for calculating the false or spam accounts and "the underlying judgments and assumptions used by management. The agency's Division of Corporation Finance made the request in a June 15 letter, shortly before Tesla CEO Elon Musk raised the issue as grounds to back out of a deal to buy Twitter for $44 billion. Such questions can be routine, and it wasn't clear whether the SEC has opened a formal investigation into Twitter's fake accounts. Messages were left Wednesday seeking comment from the agency and Twitter. The law firm Wilson Sonsini of Palo Alto, California, replied in a June 22 letter saying the company believes it adequately disclosed the methodology in its annual report filed for 2021. The letter says that Twitter makes its estimates of false accounts with an internal re

Twitter merges misinformation, spam prevention teams amid battle over bots

The new group is set to be called 'Health Products and Services (HPS)', and will be led by Ella Irwin, Twitter's VP of Product

Target, acquirer, board of directors: Understanding a hostile takeover

While some people refer to Adani's acquisition of a stake in NDTV as a hostile takeover, others disagree. Read more to find out what a hostile takeover is

Elon Musk reacts, posts cryptic tweets after whistleblower's bot claim

Meanwhile, some Twitter users also shared their opinion on the platform about the Musk-Twitter saga

Musk subpoenas former Twitter CEO Jack Dorsey in acquisition case

Tesla CEO Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort to back out of his $44 billion agreement to acquire the company Dorsey helped found, according to a court document. Twitter and Musk are headed for an October 17 trial in Delaware that should determine whether or not Twitter can force the billionaire to go through with the acquisition. Twitter has subpoenaed a host of tech investors and entrepreneurs connected to Musk, including prominent venture capitalist Marc Andreessen and David Sacks, the founding chief operating officer of PayPal. Musk has claimed that Twitter failed to provide adequate information about the number of fake, or spam bot, Twitter accounts, and that it has breached its obligations under the deal by firing top managers and laying off a significant number of employees. Musk's team expects more information about the bot numbers to be revealed in the trial court discovery process, when both sides must hand over ...

Elon Musk gets a potential boost with Twitter whistleblower's claims

Zatko claims Twitter executives failed to disclose the true extent of such accounts on the platform. His complaint was reported earlier by the Washington Post and CNN

Tesla's petition against racial discrimination lawsuit denied in US

In October last year, Tesla was ordered to pay $137 million in damages to a Black former contractor who accused the company of ignoring discrimination and racial abuse

Elon Musk meets his 'Twitter friend' from India at Gigafactory Texas

Elon Musk recently met a 23-year-old Pune man Pranay Pathole, whom the Tesla CEO has been touting as his Twitter friend for a while now

Twitter tells employees bonuses could halve, based on performance: Report

Challenges for Twitter include advertisers' uncertainty related to the Ukraine war and a legal dispute with Elon Musk over his plan to abandon his $44 billion purchase

Twitter avoiding to share information on bot accounts, says Elon Musk

Musk said that Twitter is avoiding sharing information on the actual number of bot and spam accounts on his platform, as his lead team sought documents from advertising technology firms working for it

NHTSA to do an engineering analysis on Tesla's autopilot that killed many

Elon Musk-run Tesla has come under heavy scrutiny on the controversial Autopilot advanced driver assistance system with both federal and state regulators turning up the heat on electric car-maker

Twitter going after friends, colleagues over every chat about buyout: Musk

The billionaire on Wednesday complained about it to the judge overseeing their legal dispute

Musk's 'joke' ManU tweet unlikely to land him regulator's red card: Experts

It is unlikely that the SEC would be able to demonstrate that Musk was trying to commit securities fraud, based on the available information, said several attorneys.

Tesla issues rare public denial on legal head David Searle quitting

The report claimed that Searle oversaw the probe into the suspicious order of "special glass" that reportedly resulted in several employees being fired at the company

Elon Musk tweets about parenting, sparks debate amid his followers

Tech billionaire Elon Musk's tweet on parenting has sparked a new debate among his followers and fans.

Solar-powered civilisation is the future, says Elon Musk in a tweet

Tesla and SpaceX CEO Elon Musk has said that civilisation will be mostly solar-powered in the future, a world without Sun will turn into a dark ice ball as the Earth gets all of its energy from it.

Was joking about buying football club Manchester United, says Elon Musk

Musk has a track record of using Twitter to make jokes and troll the media, which follows his tweets closely

Elon Musk's tweet joking about buying Manchester United causes stir

Elon Musk caused a stir by tweeting that he was buying the English soccer team Manchester United whose current owners are opposed by many fans then saying several hours later that it was a joke. It comes as the billionaire Tesla CEO faces a legal battle in the U.S. after backing out of a deal to buy Twitter for $44 billion. He is a prolific user of the platform, often musing about social issues or joking with his 103 million followers and occasionally getting into trouble with the U.S. regulators. Early Wednesday, Musk sent a tweet about his political affiliations and then added in a second tweet: Also, I'm buying Manchester United ur welcome. That came as shocking news in the Manchester United world albeit welcome to many after nearly a decade of sub-par performances. Asked by a follower whether he was serious, Musk later tweeted, No, this is a long-running joke on Twitter. I'm not buying any sports teams. Musk previously ran afoul of the U.S. Securities and Exchange Commissi