elon musk Elon Musk Seizes Control of Twitter, Fires Top Executives Elon Musk takes over Twitter and immediately dismisses the CEO, CFO, and top legal counsel. The move comes just ahead of a court-ordered deadline to finalize the $44 billion acquisition.
elon musk Elon Musk Closes $44 Billion Twitter Takeover and Ousts Top Executives Elon Musk officially acquires Twitter for $44 billion, immediately taking the company private and firing several top executives including the CEO. The deal concludes months of chaotic legal battles and public uncertainty.
elon musk Elon Musk Faces Unique Challenges Taking Over Struggling Twitter Elon Musk finalizes his $44 billion purchase of Twitter, bringing his signature ambitious plans to a financially struggling social media platform. Experts warn that managing the company's entrenched culture presents a challenge unlike his previous tech successes.
elon musk Elon Musk Ousts Twitter's Top Executives After Taking Ownership Elon Musk fires Twitter's CEO, CFO, and other top leaders as his first major move as the social media platform's new owner. The sudden leadership purge creates uncertainty for the remaining employees.
elon musk Elon Musk Arrives at Twitter Headquarters Ahead of Friday Acquisition Deadline Elon Musk visits Twitter's San Francisco office carrying a kitchen sink as he faces a Friday deadline to finalize his $44 billion purchase. The visit indicates the billionaire is moving forward with the acquisition after months of legal disputes.
elon musk Elon Musk Poised to Seize Control of Twitter This Week Elon Musk prepares to finalize his $44 billion acquisition of Twitter by Friday, driven by an impending court trial deadline.
bereal BeReal Secures $60 Million in Series B as Daily Users Hit 20 Million Photo-sharing app BeReal raises $60 million in a Series B round that values the Paris-based startup at nearly $587 million. The funding arrives as the app reaches 20 million daily active users despite growing competition from major social platforms.
snap Snap Reports Weak Q3 Earnings, Revenue Misses Expectations Amid Restructuring Snap misses analyst revenue expectations as its net loss accelerates to $360 million despite strong user growth. The social media giant declines to provide financial guidance for the upcoming quarter.
elon musk Musk Reportedly Plans Massive 75% Layoffs at Twitter Elon Musk plans to cut Twitter's workforce by 75% if his acquisition goes through, leaving the platform with a fraction of its current staff. Experts warn such drastic cuts could severely cripple essential operations like security and content moderation.
kanye west Rapper Ye Agrees to Acquire Conservative Social Network Parler Ye, formerly known as Kanye West, strikes a deal to purchase the free speech-focused social media platform Parler. The acquisition promises to provide the rapper with an uncancelable space to express his views without content moderation.
molly russell UK Coroner Calls for Age Verification and Algorithm Regulation After Teen's Death A landmark coroner's report urges the UK government to mandate age verification on social media and create an independent regulatory body following the tragic death of 14-year-old Molly Russell.
instagram Instagram Expands AI Age Verification to India and Brazil Ahead of Global Rollout Instagram is bringing its artificial intelligence age verification system to India and Brazil, impacting roughly 400 million users. The expansion drops the flawed social vouching method in favor of video selfies and ID uploads to better protect teens.
truth social Truth Social Arrives on Google Play Store After Content Moderation Shift Truth Social officially launches on the Google Play Store for Android users after agreeing to enforce policies against violent content. The app expands its mobile reach months after its initial iOS debut.
ofcom One-Third of UK Children Falsify Ages to Access Social Media A new Ofcom report reveals that a third of UK children aged 8 to 17 use fake birthdates to join social media platforms. The research emerges as the UK prepares to implement its Online Safety Bill.
elon musk Musk Welcomes Kanye Back to Twitter Before Antisemitic Ban Elon Musk publicly welcomes Kanye West back to Twitter, only for the artist to post antisemitic content that results in a swift account lock. The incident highlights ongoing concerns about Musk's upcoming approach to content moderation.