Elon Musk offers Twitter staff stock grants at $20 billion value – half what he paid
Elon Musk offers Twitter employees stock awards based on a $20 billion valuation, less than half the $44 billion price he paid during the acquisition.
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Tag: social media
Facebook owner Meta plans to launch rival to challenge Twitter
Meta plans to roll out a decentralized social media platform that could be a direct competitor to Elon Musk’s Twitter.
Read More Elon Musk apologizes after mocking disabled Twitter employee
Haraldur Thorleifsson tweeted Musk to say his access to his work computer had been disabled nine days ago and that he didn’t hear back from human resources.
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Twitter reportedly lays off another 200 employees
Elon Musk conducts another Twitter layoff round, this time firing 200 employees, or 10 percent of its nearly 2,000 headcount.
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Elon Musk fired Twitter engineer over his waning popularity
Sources in the company say the incident happened on Tuesday, February 7, when Musk held meetings with several engineers to discuss his view count on Twitter, which had been declining in recent months.
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