Twitter fired two of its top managers Friday, the latest sign of internal turmoil amid Tesla billionaire Elon Musk's planned buyout of the company. One Twitter general manager, Kayvon Beykpour, is leaving after 7 years. In a series of tweets Thursday, Beykpour said CEO Parag Agrawal asked me to leave after letting me know that he wants to take the team in a different direction. Bruce Falck, Twitter's revenue and product lead, was also fired, according to a tweet that has since been deleted. His Twitter bio now says unemployed. I dedicate this Tweet to those engineers and thank you ALL for the opportunity to serve alongside you. It's been awesome. There is a lot more to do so get back to work, I can't wait to see what you build, Falck tweeted. Twitter confirmed both departures and said the company is pausing most hiring and except for business critical roles. In addition, it said in a statement, we are pulling back on non-labor costs to ensure we are being responsible and ...
The Wall Street Journal reported on Wednesday that the SEC is investigating Musk's submission of a form that investors must file when they accumulate more than 5 per cent of a company
The news comes as billionaire Elon Musk is working to close a $44 billion deal to acquire Twitter
Jack Dorsey, who currently heads payments firm Block Inc, owns a 2.4% stake in Twitter, according to Refinitiv
"I think it was a morally bad decision to be clear and foolish in the extreme," Jack Dorsey said at a Future of the Car event hosted by the Financial Times
Musk, speaking virtually at a Future of the Car summit hosted by the Financial Times, said Twitter's Trump ban was 'a morally bad decision and foolish in the extreme'
Elon Musk, who is offering to buy Twitter, has given his support to a new European Union law aimed at protecting social media users from harmful content after he met with the bloc's single market
His Twitter remark led several Indian Twitter users to respond to Musk's tweet, asking, "Any plans to visit India soon?"
The post came a few days after the Tesla CEO announced acquisition of Twitter for $44 billion.
In a pitch deck viewed by the New York Times, Musk gave investors a taste of what to expect under his ownership
The Tesla CEO also said that he strongly believes that all managers in a technical area "must be technically excellent".
Trump sued Twitter, Facebook and Google's YouTube in July 2021, claiming they illegally censored him.
Tesla CEO Elon Musk has revealed that Twitter will focus deeply on hardcore software engineering, design, and more, following the completion of the acquisition of the micro-blogging site.
When Musk announced his $54.20-per-share offer in April, Alwaleed used the social-media platform to reject the offer, saying it didn't 'come close' to Twitter's intrinsic value
The lawsuit said Musk became an 'interested stockholder' after taking a more than 9% Twitter stake, requiring the delay
"Hosts and co-hosts on iOS and Android will now have access to analytics like total live listeners, total replays, and speakers..." the company wrote on its platform
Recent reports said that Twitter is working on the edit button, as requested by its users as well as Elon Musk, but the platform is reportedly going to keep a digital trace of earlier tweets
Expected to serve as temporary Twitter CEO
The FTC declined comment, while Musk could not be reached for comment.
Gujarat Congress working president Hardik Patel on Monday removed his designation and party poll symbol of 'hand' from his Twitter profile amid mounting speculation about his next political move