Page 63 - Twitter

UN rights chief urges Musk to ensure human rights in Twitter management

Respect for our shared human rights should set the guardrails for the platform's use and evolution: Volker Turk

Musk's Twitter updates app to start charging $8 for blue checkmark

The billionaire entrepreneur and CEO of electric car maker Tesla cut half the staff at Twitter and has vowed to start charging users more

Twitter founder Jack Dorsey apologises to employees amidst layoffs

Former Twitter Inc. Chief Executive Officer Jack Dorsey said he regrets growing the company too quickly as the social media platform downsizes following its recent sale to Elon Musk

Why Elon Musk's first week as Twitter owner has users flocking elsewhere

Why Elon Musk's first week as Twitter owner has users flocking elsewhere

'No choice', says Elon Musk as he justifies massive layoffs at Twitter

Amid massive layoffs at Twitter across the world, including in India, and the subsequent backlash, the microblogging site's new owner Elon Musk on Saturday justified the move, saying there was "no choice" when the company was losing millions of dollars daily. The company posted a net loss of USD 270 million in the second quarter ended June 30, 2022 compared to a profit of USD 66 million in the same period a year ago. "Regarding Twitter's reduction in force, unfortunately there is no choice when the company is losing over $4M/day," Musk tweeted. "Everyone exited was offered 3 months of severance, which is 50% more than legally required," he added. Hundreds of employees were handed the pink slips at Twitter on Friday as Musk, 51, started overhauling the social media platform which he bought for a whopping USD 44 billion late last month. In a letter to employees obtained by multiple media outlets on Friday, the company said employees would find out by 9 am Pacific Standard Time if th

Twitter says job cuts by Musk won't impact core content moderation

Yoel Roth, Twitter's head of safety and integrity, said that while the company said goodbye to incredibly talented friends and colleagues, "our core moderation capabilities remain in place''

BS Views of the week: Elon Musk, Brazil elections, gender pay parity, and more

Business Standard's opinion pages this week focused on challenges before the banking system, Elon Musk's Twitter takeover, Lula's return as Brazil's President, and much more

Musk threatens to name shame advertisers who are backing out from Twitter

Tesla CEO Elon Musk threatened to name-shame the advertisers who are backing out from Twitter after the micro-blogging site announced mass layoffs.While replying to a user on Twitter, Elon Musk said, "Thank you. A thermonuclear name & shame is exactly what will happen if this continues."Mike Davis, a user on Twitter said, "Dear @elonmusk: You have nearly 114,000,000 Twitter followers. Name and shame the advertisers who are succumbing to the advertiser boycotts. So we can counter-boycott them. And get your USD 8 monthly subscription going asap. So we can start to makeup for lost revenue now."In a series of tweets, Tesla CEO has blamed "activist groups pressuring advertisers" for a "massive drop in revenue" as the company engages in mass layoffs."Twitter had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists. Extremely messed up! They're trying to

Human Rights to Accessibility Experience: Key Twitter teams axed by Musk

Days after taking control of Twitter, Elon Musk, on Friday, began firing hundreds of employees in departments across the company.As per Tech Crunch, key Twitter teams including Human Rights, Accessibility, Al Ethics and Curation have been axed so far by the Tesla CEO.The particular news was also confirmed by fired employees on social media. Many posted farewell messages confirming that they have been let go under the mass layoff at Twitter by the microblogging site's new boss Musk.Human RightsIn a tweet, former Twitter Human Rights Counsel Shannon Raj Singh shared news that the company's human rights team was eliminated on Friday."Yesterday was my last day at Twitter: the entire Human Rights team has been cut from the company. I am enormously proud of the work we did to implement the UN Guiding Principles on Business & Human Rights, to protect those at-risk in global conflicts & crises including Ethiopia,Afghanistan, and Ukraine, and to defend the needs of those ...

Biden slams Musk's Twitter buy, says platform responsible for spewing lies

"There's no editors anymore," Biden added. "There's no editors. How do we expect kids to be able to understand what is at stake?"

TMS Ep297: Elon Musk & Twitter, India's China trade data, markets, FTA

Is Elon Musk rewriting the HR rulebook at Twitter? How reliable is India's China trade data? Will the markets consolidate in this holiday-truncated week? What is a free trade agreement? Answers here

Top Headlines: FM likely to begin pre-Budget talks, Musk defends layoffs

Business Standard brings you the top headlines at this hour

Job cuts at Twitter spur concerns about US midterms, human rights

Product and engineering teams were gutted by well over 50%, according to two sources, and other groups - like communications, marketing, human rights and diversity - were almost completely eliminated

As job cuts begin at Twitter, Elon Musk decries 'massive' sales drop

The global workforce reductions are expected to affect 3,700 jobs - about half of the company.

Lawyer suing Twitter over layoffs says Elon Musk trying to comply

Attorney Shannon Liss-Riordan said she "will be monitoring the situation" at Twitter to ensure employees receive appropriate notice and compensation.

Twitter lays off staff as Musk blames activists for massive ad revenue drop

Tweets by the company staff said teams responsible for communications, content curation, human rights and machine learning ethics were among those gutted, as were some product and engineering teams

Twitter layoffs likely set back the company's recent diversity gains

The firings of about half of the staff on Friday also may hit hard: The leaders of several of Twitter's diversity-focused groups were part of the job cuts, according to people familiar with the matter

Elon Musk defends layoffs, says Twitter losing over $4 million a day

Twitter employees were notified in an email that the layoffs were set to begin. Musk is expected to cut roughly half of Twitter's roughly 7,500-person workforce.

Best of BS Opinion: Data goes private, the Chief Twit takes over & more

Here is the best of Business Standard's opinion pieces for today

General Mills to Mondelez, top Twitter advertisers to hit the pause button

Some advertisers are concerned that Musk could scale back content moderation, which they worry would lead to an increase in objectionable content on the platform