When Elon Musk bought Twitter in 2022, he laid off thousands of employees, stopped paying rent and auctioned off coffee makers and office chairs in hopes of a big turnaround.
LG Electric Ranges recalled; warning label sent for affected modelsSuper Bowl excitement takes over San Antonio River WalkGet ready for some fabulous Insider Deals that will help you enjoy a cozy night's sleep and some that will elevate your style and beauty game.Read full article: Elevate your style and beauty game with these Insider DealsFILE - Elon Musk speaks at a presidential inauguration event on behalf of President-elect Donald Trump in Washington, Jan. 20, 2025.
FILE - Elon Musk listens as Republican presidential nominee former President Donald Trump speaks at a campaign event at the Butler Farm Show on Oct. 5, 2024, in Butler, Pa. FILE - Elon Musk speaks at a presidential inauguration event on behalf of President-elect Donald Trump in Washington, Jan. 20, 2025. in 2022, he laid off thousands of employees, stopped paying rent and auctioned off coffee makers and office chairs in hopes of a big turnaround.
By some measures, X is still a success. The platform continues to attract hundreds of millions of users worldwide and has cemented Musk's political influence. But exactly how it is faring financially is difficult to say because the company is private.tens of thousands of federal workers, bankers who loaned him billions of dollars to buy Twitter were bracing for losses and trying to unload the loans on others.
“It's a fear and intimidation tactic,” Chowdhury said. “I don’t know if it’s the best leadership style long term, as demonstrated by how abysmal Twitter/X is doing.”, advertising revenue plunged by half as brands fled X over fears he was loosening content moderation too much. But instead of courting the companies, Musk took to X threatening to “thermonuclear name & shame” them for leaving his platform. Later at a conference, he used an expletive and urged them, “Don’t advertise.
“If that is the way decision making is being made for the federal government, I’m very concerned about the finances of the federal government,” she said.. Landlords of the social media company’s headquarters in San Francisco as well as its British offices took the company to court for
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