Musk says Twitter could face bankruptcy as top executives flee
The company is losing $4 million a week as high-profile staffers resign, raising doubts that it can keep operating.
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The company is losing $4 million a week as high-profile staffers resign, raising doubts that it can keep operating.
"I got this wrong," admits CEO Mark Zuckerberg as his company grapples with faltering revenue and broader tech industry woes.
The platform's new owner issued the warning after some celebrities after some celebrities changed their Twitter display names - not their account names - to parody him.
The layoffs were apparently already beginning. And they're being challenged in court by employees who filed a class action suit.
Musk is in charge of the social media platform and has fired its CEO and other executives, numerous reports say. Musk tweeted, "the bird is freed."
In one of his first moves as owner, Musk has reportedly fired three top executives. CBS2's Maurice Dubois has the story.
Elon Musk plans to lay off most of Twitter's workforce if and when he becomes owner of the social media company.
Tom Cruise's next mission is looking all the more possible — a studio executive says he's going to be "taking the world to space" in his upcoming film.
Billionaire Elon Musk said Tuesday he intends to reverse Twitter's ban against former President Donald Trump. CBS News' Tanya Rivero and Dan Patterson break down this announcement with CBS News tech reporter Dan Patterson.
Elon Musk's bid to buy Twitter is on the verge of a collapse.
Billionaire Elon Musk remains on the fence about following through with officially buying Twitter after raising concerns about internal data. CBS News' Technology Reporter Dan Patterson explains the number of hang-ups that have occurred since Musk's announcement to purchase and what lies ahead.
Musk said Twitter's permanent suspension of Trump in the days following the January 6 attack "was morally wrong and flat out stupid."
The billionaire will be buying the social media site for $44 billion.
Social media company is a "digital town square where matters vital to the future of humanity are debated," billionaire says.
Billionaire founder of Tesla launches hostile bid for the social media company, saying it "needs to be transformed."
Two NASA astronauts returned to Earth on Sunday in a dramatic, retro-style splashdown, their capsule parachuting into the Gulf of Mexico.
Mayor Bill de Blasio confirmed that Tesla CEO Elon Musk in donating hundreds of ventilators to New York City and New York state.
A federal judge was hearing arguments about whether Musk should be held in contempt for violating an agreement with the Securities and Exchange Commission.
After two years of hype and anticipation, Elon Musk's Boring Company held a raucous unveiling of its test tunnel on Tuesday night.
Musk, who has an estimated $20 billion fortune, and Tesla, a company that ended June with $2.2 billion in cash, each are paying $20 million to resolve the case, which stemmed from a tweet Musk sent on Aug. 7
Regulators claim the CEO's claims about having the funds to buy back his public company were not true.
The Big Falcon Rocket is scheduled to make the trip in 2023, SpaceX founder Elon Musk announced at an event Monday at its headquarters near Los Angeles.
Another executive departure, another controversy over the CEO's behavior, another stock drop -- another typical day at Tesla.
Insiders at Tesla confirm CEO Elon Musk does, in fact, want to take the company private again.
Electric car maker Tesla Inc. has delivered on its CEO's promise to build a lower-priced car at a rate of 5,000 per week by the end of June.
OG Anunoby scored 34 points to power the New York Knicks to a 142-103 win over the Denver Nuggets.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest on Friday.
John Miro, a 70-year-old Long Island crossing guard who was struck by a driver while on the job last week, has died, police confirm.
A New York State appeals court struck down a state law this week that banned landlords or realtors from turning away a tenant just because they use federal housing vouchers, like Section 8.
While the money promised by Gov. Mikie Sherrill will help Phillipsburg make sinkhole repairs, it won't be enough to get everyone back in their homes.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest on Friday.
John Miro, a 70-year-old Long Island crossing guard who was struck by a driver while on the job last week, has died, police confirm.
A New York State appeals court struck down a state law this week that banned landlords or realtors from turning away a tenant just because they use federal housing vouchers, like Section 8.
Actress Daryl Hannah explains why the depiction of herself in the FX miniseries "Love Story" is unacceptable in an op-ed in Friday's New York Times.
To keep New Yorkers safe from global threats, the NYPD maintains a massive intelligence operation at its Joint Operations Center.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest on Friday.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Snow and rain will make for messy morning and evening commutes for New Yorkers on Tuesday. It's a First Alert Weather Day.
The Tri-State Area's weekend is looking like a tale of two seasons with both snow and sunshine.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest on Friday.
While the money promised by Gov. Mikie Sherrill will help Phillipsburg make sinkhole repairs, it won't be enough to get everyone back in their homes.
The suspect allegedly used Google Translate to threaten to shoot a cashier at Mi Rinconcito Ecuatoriano in Newark.
Americans coming from the Middle East arrived at JFK Airport on Thursday and said the U.S. evacuation plan after attacking Iran was grossly insufficient.
New Jersey E-ZPass users could soon be able to ditch the tags mounted to their windshields to pay tolls.
John Miro, a 70-year-old Long Island crossing guard who was struck by a driver while on the job last week, has died, police confirm.
Middle Country Road in Suffolk County will be getting major improvements, as a portion of it has been on a list of New York's ten deadliest roads for years.
A new study shows toxic forever chemicals known as PFAS may be entering the food chain on Long Island through contaminated soil, water and air.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Alleged Gilgo Beach serial killer Rex Heuermann allegedly used burner phones to contact dozens of sex workers more than 500 times up until the months before his arrest, according to a new court filing.
New York State Senate Majority Leader Andrea Stewart-Cousins' office confirmed the budget plan will have a "robust progressive and corporate tax proposal."
Americans coming from the Middle East arrived at JFK Airport on Thursday and said the U.S. evacuation plan after attacking Iran was grossly insufficient.
The timing of Trump's Truth Social post announcing Kristi Noem's removal as DHS secretary took DHS officials and the secretary herself by surprise.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
The New York City Council held a hearing Thursday on sanctuary city laws, and how well agencies are complying, prompting a rally outside City Hall.
A new study shows toxic forever chemicals known as PFAS may be entering the food chain on Long Island through contaminated soil, water and air.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Failed contract agreements between Mount Sinai and Anthem have caused thousands of New York patients to lose in-network care.
New York Attorney General Letitia James' office has ordered NYU Langone Health to resume its Transgender Youth Health Program.
Actress Daryl Hannah explains why the depiction of herself in the FX miniseries "Love Story" is unacceptable in an op-ed in Friday's New York Times.
Justin Timberlake is suing Sag Harbor to prevent the release of bodycam video of his 2024 arrest for driving while intoxicated on Long Island.
Brian Anthony Moreland is a Tony Award-nominated producer who has worked on numerous hit shows and joins a short list of Black producers working on Broadway.
Pokémon fans across New York City waited in live for special events marking the franchise's 30th anniversary.
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
OG Anunoby scored 34 points to power the New York Knicks to a 142-103 win over the Denver Nuggets.
The Rangers beat the Maple Leafs 6-2 on Thursday night to pick up their first regulation win at home in more than three months.
Cutter Gauthier scored twice in a span of just over three minutes in the first period, backup Ville Husso stopped 42 shots and the Anaheim Ducks beat the New York Islanders 5-1.
The New Jersey Devils beat Toronto 4-3 on Wednesday night, sending the Maple Leafs to their fifth straight loss.
The Oklahoma City Thunder edged the New York Knicks 103-100 on Wednesday night.
Neighbors and local businesses in Long Island City, Queens, say rental trucks parked on streets are impacting daily operations.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
Manhattan historians recently discovered a link to the Underground Railroad at the Merchant's House Museum.
The National Dance Institute in Harlem hosts a special camp twice a year to bring together dancers with and without special needs for a dance camp, proving anyone can take center stage.
Could New York City's harsh winter weather end up curbing the number of rats? Here's why experts are saying don't count on it.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
CBS News New York's Lonnie Quinn has your First Alert Forecast for March 6 at 11 p.m.
Friday in Chicago, there was a tribute to Rev. Jesse Jackson, who died last month at the age of 84. The civil rights giant was remembered by presidents, preachers, musicians and just plain folks. CBS News New York's Dick Brennan reports.
A total of 15 people died in New Jersey during the blizzard in February.
Dozens of tenants have been displaced after a partial roof collapse at a Bloomfield, New Jersey, apartment building. CBS News New York's Andrew Ramos reports.
President Trump demanded Iran's "unconditional surrender" Friday, and this weekend, he's set to attend the dignified transfer of six U.S. service members killed in the war. CBS News New York's Allen Devlin reports.
