Category: Musk, Elon

Losses Pile Up in FTX Bankruptcy Turmoil

The crypto exchange’s founder, Sam Bankman-Fried, says the company suffered a $51 billon collapse in collateral, but he thinks filing for Chapter 11 was a mistake.
Saluting in Solidarity

As employees in tech face layoffs, an emoji meets its moment.
As Elon Musk Cuts Costs at Twitter, Some Bills Are Going Unpaid

Mr. Musk and his advisers are examining all types of expenses at Twitter. Some of the social media company’s vendors have gotten stiffed.
Elon Musk’s Twitter Role Puts Tesla Board Under New Scrutiny

Corporate governance experts say the electric-car maker’s directors may need to rein in the chief executive, with whom many have personal ties.
What Will Bob Iger Do with ESPN and Hulu as CEO of Disney?

With Robert Iger back in charge at Disney, his to-do list takes shape: turn around the streaming businesses, and groom a successor.
From Twitter to Mastodon: What Happens When Journalists Flock Platforms

Journa.host promises to be a new “reliable home for journalists.” What happens when they move in?
What Elon Musk Is Doing to Twitter Is What He Did at Tesla and SpaceX

Firing people. Talking of bankruptcy. Telling workers to be “hard core.” Mr. Musk has repeatedly used those tactics at many of his companies.
Investors Cheer C.E.O. Leadership Shakeup at Disney

Shares in the entertainment giant climbed more than 9 percent in premarket trading on Monday following the ouster of chief executive officer Bob Chapek.
Elon Musk Reinstates Trump’s Twitter Account

Mr. Musk, who had asked Twitter users about whether to bring back the former president to the service, said, “The people have spoken.”
Elon Musk’s Twitter Teeters on the Edge After Another 1,200 Leave

Mr. Musk sent emails on Friday asking to learn about Twitter’s underlying technology as key infrastructure teams have been decimated.
Hundreds of Twitter Workers Quit as Musk Demands Loyalty

Hundreds of workers decided to leave the troubled social network, after Elon Musk demanded employees commit to a new “hard core” work environment.
Democratic Lawmakers Call for Investigation of Elon Musk’s Twitter

Seven Democratic senators urged the Federal Trade Commission to examine whether the social media company, under Mr. Musk’s ownership, had violated a 2011 privacy agreement.