Elon Musk has said Twitter is losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, the billionaire tweeted on Saturday: “We’re still negative cash flow, due to (about a) 50% drop in advertising revenue plus heavy debt load. “Need to reach positive cash flow before we have […]
Twitter has threatened to sue Meta over its fast-growing rival Threads app, alleging that it stole trade secrets. The Instagram and Facebook owner, which launched Threads on Wednesday, appeared to deny that former Twitter employees worked on the creation of the app and used insider knowledge. Meta chief executive Mark Zuckerberg said more than 30 […]
Twitter users have been voicing their discontent after losing ‘legacy’ blue ticks from their accounts, but what does this actually mean? Here, the PA news agency explains the changes on the social media platform. What has just happened? On Thursday (April 20), Twitter began removing legacy Verified checkmarks from hundreds of thousands of accounts. The checkmark […]
Elon Musk has said Twitter had “four months to live” when he bought the platform and insisted it needed to cut costs to save it from bankruptcy. The billionaire owner confirmed that about 80% of its staff have been axed since he took over at the helm. In a wide-ranging interview with the BBC at […]
Twitter has failed to take legacy blue checkmarks off the social media platform after it committed to remove them on April 1. The business, led by billionaire owner Elon Musk, has also confused many people by making older verified users indistinguishable from those who have paid for the checkmark. It comes after Mr Musk said […]
Elon Musk has returned to the witness box for a third day in a lawsuit brought by Tesla investors who allege he misled them with a tweet about a deal that never happened, claiming that his intent had been to let his shareholders know he was considering a buyout. The 51-year-old billionaire resumed his defence […]
Elon Musk has confirmed he will step down as chief executive of Twitter, as soon as he finds someone “foolish enough to take the job”. More than 57% of users who voted in a Twitter poll Mr Musk posted on Sunday night said he should step down – a result he said he would abide […]
Elon Musk is looking for someone to replace him as chief executive of Twitter in a search that began even before he posted a poll asking users if he should step down, according to reports. More than 57% of users who voted in the Twitter poll Mr Musk posted on Sunday night said he should […]
Twitter’s subscription service that will allow users to pay to be verified on the platform is relaunching on Monday after a failed rollout last month. Twitter Blue will give users who sign up a blue tick badge, the ability to edit tweets and a range of other features in exchange for the eight dollar (£6.50) […]
Hate speech on Twitter is rising under Elon Musk’s ownership, online safety campaigners have said, despite the billionaire’s claims that it has been declining. The Centre for Countering Digital Hate (CCDH) said Mr Musk’s recent tweet suggesting that hate speech impressions are down by a third was “misleading” because it focused on how often tweets […]
