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.
An upstate New York man admitted to leaving harassing and threatening voicemail messages to a family member of slain UnitedHealthcare CEO Brian Thompson.
A new performing arts venue with a focus on immigrant stories is opening in Upper Manhattan this fall. CBS News New York's Noëlle Lilley got an exclusive tour of the construction that will give The People's Theatre its first home in more than 15 years.
Robert Mueller served as FBI director from 2001 to 2013 and led the investigation into allegations of Russian meddling in the 2016 presidential election.
A United States Postal Service worker was arrested for shoving a 4-year-old boy to the ground in Monsey, Ramapo Police said.
Chicago police are questing a person of interest in connection with the fatal shooting of Loyola University student Sheridan Gorman.
An upstate New York man admitted to leaving harassing and threatening voicemail messages to a family member of slain UnitedHealthcare CEO Brian Thompson.
A new performing arts venue with a focus on immigrant stories is opening in Upper Manhattan this fall. CBS News New York's Noëlle Lilley got an exclusive tour of the construction that will give The People's Theatre its first home in more than 15 years.
A United States Postal Service worker was arrested for shoving a 4-year-old boy to the ground in Monsey, Ramapo Police said.
Police are searching for a suspect who jumped into the water at Mill Basin to evade police. It happened at around midnight at the Kings Plaza Shopping Center in Brooklyn.
A Florida man has been arrested in connection to a deadly Upper East Side hit-and-run.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
The New York City area will be under a wind advisory Monday with periods of heavy rain and severe thunderstorms expected across the region.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
It will be rainy on Thursday morning, and the weather will change to snow as temperatures drop across the Tri-State Area.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
A New Jersey teen attending yeshiva school in Israel is back home after a journey that took him through three countries, at times on foot.
Gov. Mikie Sherrill accused ICE of ignoring the concerns of Roxbury residents after it bought the vacant warehouse on Route 46.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
Last year, electricity rates in New Jersey spiked more than almost any other state, according to a new congressional report.
Montclair School District Board of Education members broke down in tears as they voted to close Renaissance Middle School.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
A driver was indicted on manslaughter and assault charges Thursday in a deadly crash that killed two teenagers on Long Island back in January.
Tens of thousands of customers lost power across the New York-New Jersey area as severe weather whipped through the region.
Robert Mueller served as FBI director from 2001 to 2013 and led the investigation into allegations of Russian meddling in the 2016 presidential election.
Wait times aren't expected to improve until government funding is restored and TSA officers receive paychecks.
The Trump administration has been strategizing methods and options to secure or extract Iran's nuclear materials, according to multiple sources, as the military campaign against Tehran enters a more uncertain phase.
New York and New Jersey lawmakers have announced a bipartisan, bi-state bill to address E-ZPass late fees.
Border czar Tom Homan is expected back on Capitol Hill later Friday for bipartisan talks.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
Michael B. Jordan's best actor win at Sunday night's Academy Awards resonated at his alma mater, Arts High School in Newark.
The New York Knicks outlasted the Brooklyn Nets 93-92 on Friday night for their fifth consecutive victory.
The Washington Capitals beat the New Jersey Devils 2-1 on Friday night.
Fifth-seeded St. John's beat Northern Iowa 79-53 on Friday night for its second NCAA Tournament victory since 2000.
No. 4 seed Alabama rallied from an early double-digit deficit to beat 13th-seeded Hofstra 90-70 in a first-round game in the Midwest Region of the NCAA Tournament on Friday.
Top-seeded Arizona opened its NCAA Tournament run with a 92-58 victory over Long Island on Friday.
A new performing arts venue with a focus on immigrant stories is opening in Upper Manhattan this fall. CBS News New York's Noëlle Lilley got an exclusive tour of the construction that will give The People's Theatre its first home in more than 15 years.
Members of the Apollo Theater, where Kiki Shepard left her mark for 15 years, reflect on her legacy after the Harlem icon's death at age 74.
The Rev. Al Sharpton is calling on New York City to help protect the Merchant's House Museum in Manhattan after a recent discovery revealed connections to the Underground Railroad.
A Harlem school is teaching students how to love, honor and care for their natural hair.
The NYC DEP has announced plans to clean Flushing Creek with chlorine, sparking outrage among some environmentalists.
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.
Robert Mueller, the special counsel who conducted the first major investigation into President Trump, has died at 81. His family did not share a cause of death. CBS News New York's Allen Devlin reports.
CBS News New York's Vanessa Murdock has your weather forecast for March 21 at 6 p.m.
"The Wild Party" is running at New York City Center through March 29.
The pigeon sculpture known as "Dinosaur" on New York City's High Line was celebrated Saturday as it gets ready to fly the coop next month.
It's not quite a marathon, but a run up 55 floors. The American Lung Association's "Fight For Air" stair climb aims to spread awareness about various pulmonary conditions. CBS News New York's Kristie Keleshian shares the impactful stories of participants, including first responders.
