Twitter faces uncertain future
Twitter shut down its offices for several days after large numbers of workers resigned following Elon Musk's "extremely hardcore" ultimatum. Axios reporter Kerry Flynn joins CBS News to discuss the fallout.
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Twitter shut down its offices for several days after large numbers of workers resigned following Elon Musk's "extremely hardcore" ultimatum. Axios reporter Kerry Flynn joins CBS News to discuss the fallout.
Twitter has gutted a large portion of its workforce, including those who worked who fight misinformation on the platform. One of those contractors, Melissa Ingle, joins CBS News' John Dickerson to discuss her time at Twitter and the social media company's uncertain future.
Elon Musk is giving employees at Twitter until 5 p.m. Eastern time on Thursday to decide whether to stay with the company and work "long hours at high intensity." Alex Barinka, social media reporter at Bloomberg, joins CBS News' Vladimir Duthiers and Anne-Marie Green on what could happen when the deadline hits.
New Twitter CEO Elon Musk is demanding staff commit to longer hours for Twitter 2.0. This comes after laying off nearly 50% of the staff since taking over. Financial Times technology reporter Cristina Criddle joins CBS News with the latest.
Billionaire tells employees that success at the embattled social media platform will require them to be "extremely hardcore."
Musk said he wants "free speech" to flourish on Twitter. But when an employee disagreed with the CEO, he tweeted, "He's fired."
In a matter of weeks, Musk's ownership has placed Twitter's $4.5 billion in annual advertising revenue in peril.
Her comments came days after President Biden said the acquisition was "worth being looked at" on national security grounds.
Layoffs will have a "tangible impact on the experience of the platform," a former researcher at the social media company said.
Long work weeks are no stranger to Elon Musk, who in 2018 told CBS Mornings' Gayle King he had been sleeping on a Tesla factory floor.
The collapse of FTX, one of the largest cryptocurrency exchanges, is reverberating around the financial world as investors reportedly lost nearly $1 billion in assets. The company filed for Chapter 11 bankruptcy. Astrid Martinez has more.
Thousands of Twitter employees have been laid off as Elon Musk overhauls the company. First, CBS News' Carter Evans reports from Los Angeles. Then, Weijia Jiang speaks with Alistair Barr, global tech editor for Business Insider, about the major shake-up.
Elon Musk has taken control of Twitter in a $44 billion acquisition. There's already been a management shake-up within the company. After the deal closed, Musk fired three of Twitter's top executives. CBS' Catherine Herridge spoke with Kali Hays, a senior tech reporter with Business Insider, about other big changes expected for the social media site.
New Twitter owner Elon Musk warns employees of difficult times ahead after slashing half the company's workforce and ordering remote employees to return to the office or risk losing their jobs. CBS News' Elaine Quijano and Errol Barnett are joined by J.D. Durkin, host of "TheStreet" to discuss.
The New York Times reports Twitter employees say new owner Elon Musk told them bankruptcy could be looming over the company. MarketWatch reporter Andrew Keshner joins "CBS News Mornings" with more on the company's financial outlook and recent reported calls for employees to return to the office.
After initially removing the label, Twitter became a cesspool of verified accounts pretending to companies, celebrities, politicians and other public figures.
The company is losing $4 million a week as high-profile staffers resign, raising doubts that it can keep operating.
Twitter users can now purchase the blue check feature. Some accounts have already begun exploiting it.
In an email to the social media company's employees, the billionaire said there was "no way to sugarcoat the message."
Inflatable heat shield technology may offer a more efficient way to land astronauts on Mars.
"I got this wrong," admits CEO Mark Zuckerberg as his company grapples with faltering revenue and broader tech industry woes.
Musk financed part of his $44 billion purchase of Twitter with the help of Saudi Prince Alwaleed and a Qatar fund.
"Twitter will do lots of dumb things in coming months," Musk tweeted after abruptly nixing new account verification system.
Wall Street is waiting to see if balance of power in Washington shifts, but hot inflation remains main focus.
In January, Musk had an estimated worth of $304.2 billion, Forbes estimated.