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.
New York City Councilwoman Vickie Paladino is hiring a lawyer to fight an attempt by the Ethics Committee to censure her because of social media posts it deemed Islamophobic.
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.
Con Edison is offering reimbursement to Brooklyn residents who were without power for more than 48 hours during February's winter storm and bitter cold.
One person is in custody after a homeless man was set on fire outside Penn Station Monday night.
Former archbishop of New York Cardinal Timothy Dolan was sworn as the NYPD's chief chaplain, along with the Rev. A.R. Bernard.
New York City Councilwoman Vickie Paladino is hiring a lawyer to fight an attempt by the Ethics Committee to censure her because of social media posts it deemed Islamophobic.
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.
Con Edison is offering reimbursement to Brooklyn residents who were without power for more than 48 hours during February's winter storm and bitter cold.
One person is in custody after a homeless man was set on fire outside Penn Station Monday night.
Former archbishop of New York Cardinal Timothy Dolan was sworn as the NYPD's chief chaplain, along with the Rev. A.R. Bernard.
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.
Pet owners should be extra cautious with their pets during and after the major winter snowstorm impacting the New York and New Jersey area.
Double-digit snow totals have been reported across New York, New Jersey and Connecticut as a major blizzard begins to wind down.
Some New Jersey residents are among the Americans in more than a dozen Middle Eastern countries scrambling to get home amid the war with Iran.
On Tuesday morning, FIFA officials marked 100 days until the World Cup 2026 kickoff by lighting up the Empire State Building.
Two planes came into contact on the ground at Newark Liberty International Airport on Tuesday, officials said.
The West Orange High School chess team has made history by becoming the best in New Jersey. They're hoping to take that momentum with them to a national tournament.
Popcorn Park Animal Refuge has been closed to the public after it suffered major damage in last week's blizzard.
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.
Some Iranian Americans on Long Island tell CBS News New York they're emotional and praying for a path to freedom as their families abroad grapple with the newly-launched war.
Justin Timberlake is suing Sag Harbor to prevent the release of bodycam video of his 2024 arrest for driving while intoxicated on Long Island.
The Embassy Diner in Bethpage was one of the only establishments open during the February blizzard. The owner generously donated food to dozens of hospital staff members who had to work through the storm.
A Long Island woman was formally charged in the decades-old murder of her newborn baby, who was dumped on the side of a Calverton road, according to prosecutors.
New York City Councilwoman Vickie Paladino is hiring a lawyer to fight an attempt by the Ethics Committee to censure her because of social media posts it deemed Islamophobic.
Radio host Sid Rosenberg apologized Wednesday for hateful remarks he made about New York City Mayor Zohran Mamdani.
In Defense Secretary Pete Hegseth's second news briefing since the start of the Iran war, Hegseth said the U.S. had sunk an enemy ship by a torpedo for the first time since World War II.
Homeland Security Secretary Kristi Noem faced friendly Republicans and critical Democrats on the House Judiciary Committee, where she testified about the administration's immigration agenda.
The measure, which would have blocked President Trump from continuing military force against Iran, fell short of the simple majority needed to advance.
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.
Mount Sinai Health System and Anthem Blue Cross Blue Shield agreed to temporarily extend their deadline to negotiate a new contract.
For the first time in 30 years, the Food and Drug Administration has approved a new treatment for an inoperable type of pancreatic cancer.
NYSNA has reached a tentative contract agreement with NewYork-Presbyterian, signaling a potential end to the longest nurses strike in New York City history.
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.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
Bam Adebayo had 23 points, nine rebounds and six steals, and the Miami Heat beat the Brooklyn Nets 124-98 on Tuesday night in the opener of a two-game series.
The New York Knicks beat the Toronto Raptors 111-95 on Wednesday night for their fifth win in six games.
The Devils dealt the Panthers' playoff hopes another blow by beating the two-time defending Stanley Cup champions 5-1 on Tuesday.
The Jets beat the Tuesday deadline by using the franchise tag on veteran running back Breece Hall.
On Tuesday morning, FIFA officials marked 100 days until the World Cup 2026 kickoff by lighting up the Empire State Building.
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.
A Jewish congregation in Brooklyn is fighting to save their historic house of worship.
Harlem's Lafayette Theatre is believed to be the first major New York City theater to desegregate, just a year after its opening.
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.
The New York Giants will hold the first two weeks of training camp in West Virginia due to construction upgrades on training facilities and the World Cup happening at the Meadowlands.
There are plans for a major makeover of the Westchester County Airport's dated terminal. CBS News New York's Tony Aiello reports.
The annual multi-day celebration Bronx Week has been put on pause for this year.
Despite extending the deadline, Mount Sinai and Anthem Blue Cross Blue Shield could not reach a contract agreement. That means as of Wednesday, thousands of patients had to find a new place to go or pay out of pocket. CBS News New York's Jenna DeAngelis reports.
Radio host Sid Rosenberg is now apologizing to New York City Mayor Zohran Mamdani for hateful comments he made Monday.
