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Twitter reportedly ready to cut about 3,700 employees
  + stars: | 2022-11-02 | by ( Lora Kolodny | ) www.cnbc.com   time to read: +2 min
Twitter employees are expecting a 50% overall reduction in force after Tesla and SpaceX CEO Elon Musk took the reins of the social network last week. Gracias is a long-time investor in Musk's other companies, including SpaceX and Tesla, and was a Tesla board member. A calendar item for the reduction in force related meeting was made widely visible, possibly accidentally, to employees at Twitter on their internal systems. As CNBC previously reported, Musk quickly brought many trusted advisors and employees from his other companies into Twitter to advise him on next steps after the deal closed last week. After acquiring Twitter for $44 billion last week, Musk is scrambling to improve margins, including by slashing headcount and operating expenses and finding new ways to generate revenue.
After Elon Musk closed his $44 billion purchase of Twitter last week, employees at the company braced for job cuts. Some told CNBC they were worried about losing their equity compensation if Musk sent them packing before their shares vested the first week of November. Musk and Tesla have been sued repeatedly over employees' claims that they were fired just before their shares vested, depriving them of compensation. However, it appears that the current tranche of stock-based compensation for many Twitter employees, who were there before Musk took over, will get paid out after all. The former Tesla employees won, but the electric vehicle maker was able to overturn the decision later on appeal.
The Twitter logo is seen on a mobile device in ths illustration photo in Warsaw, Poland on 30 October, 2022. Twitter is losing its most active users according to research done by Reuters. Advertising giant Interpublic Group has recommended that clients of its IPG Media Brands agencies suspend all paid advertising on Twitter for at least a week following Elon Musk's $44 billion acquisition of the social media network. Yoel Roth, head of safety at Twitter, has posted several threads to Twitter discussing how the company is combating this. Finchem called upon Musk personally for help in a tweet, and Musk said in a reply on Twitter that he was "looking into" the matter.
In this photo illustration a Twitter logo seen displayed on a smartphone screen with Elon Musk Twitter in the background in Athens, Greece on October 30, 2022. Elon Musk laid out a series of ideas Tuesday for a new user verification process for Twitter, which he recently acquired for $44 billion. In a thread of tweets, Musk criticized the current system, which gives a blue check mark, or verification, to notable users like politicians, members of the press, executives and other people and organizations. Musk said he will give "power to the people" by offering verification through Twitter Blue for $8 a month. The Tesla CEO also said Twitter Blue subscribers will be given a "paywall bypass" for publishers that are willing to work with the social media platform.
Users on social media are saying people on Earth are living under a dome, also called a “firmament,” without providing evidence to support the claim. But the video’s examples offer no proof of humans living under a dome or firmament, while there is ample evidence that no dome exists. “Rocket hitting the flat earth dome”, reads the title of one of the YouTube clips. SIXTY YEARS OF SPACEFLIGHTExperts pointed out that if there were a dome that covered the Earth, astronauts would have encountered it by now. A video provides no evidence that the Earth is under a dome or “firmament”.
Nurphoto | Nurphoto | Getty ImagesNew Twitter owner Elon Musk has pulled more than 50 of his trusted Tesla employees, mostly software engineers from the Autopilot team, into his Twitter takeover, CNBC has learned. At Twitter, Musk is counting on his lieutenants and loyalists to decide who and what to cut or keep at the social network. It is not immediately clear how Tesla employees are expected to split their schedules between the automaker and Twitter. Typically, when Tesla employees work for other Elon Musk ventures, usually SpaceX or the Boring Company, they can get paid by the other venture as a consultant. Employees say Musk wants that work done by the first week of November.
As is normal course of business with a significant change in a media platform, we have temporarily paused our paid advertising. The Detroit automaker, a rival to Musk's Tesla , said it is "pausing" advertising as it evaluates Twitter's new direction . It will continue to use the platform to interact with customers but not pay for advertising, GM added. DETROIT — General Motors is suspending its advertising on Twitter following Elon Musk's takeover of the social media platform, the company told CNBC on Friday. Musk has long boasted that Tesla does not pay for traditional advertising, a cost that has added up for conventional automakers' brands through the years.
After closing a $44 billion transaction to take Twitter private, Tesla and SpaceX CEO Elon Musk — now the de facto CEO of Twitter — announced that he plans to form a "content moderation council" at the social networking company. He says he will not make any "major content decisions" or reinstate any accounts that were previously banned before the council convenes. Twitter rival Facebook has been roundly criticized for using a council approach to making content moderation decisions. Early in the Trump presidency, Musk served on a White House economic advisory board and a manufacturing jobs initiative council. The former president previously said he would not return to the platform, but that could change now that the company is run by Musk.
[Editor's note: After CNBC published details of an interview with people who claimed to be fired employees of Twitter, several reports emerged suggesting it was a hoax. On Elon Musk's first day in control of Twitter , a person who walked out of the company's San Francisco headquarters and identified themselves as a data engineer there said they were just laid off. One employee at Twitter, awaiting information about layoffs or projects, told CNBC they were in the dark for the most part. Twitter has denied that and went to court to try to get Musk to complete the deal. The judge gave Musk until Friday at 5 p.m. to close the deal, or else set a new trial date.
Elon Musk arrives at the In America: An Anthology of Fashion themed Met Gala at the Metropolitan Museum of Art in New York City, New York, May 2, 2022. Musk has until 5 p.m. Eastern Time on Friday to complete his deal to buy Twitter or again face the proposition of going to trial. A Delaware Chancery Court judge set the Friday deadline after Musk said he would be willing to buy Twitter after all. The judge ended up postponing the original trial set for last week and gave the parties until the end of this week to close to deal, or else she would set new trial dates for November. WATCH: How Elon Musk's Twitter takeover plans shook Wall Street and social media
Tesla reported third-quarter earnings after the bell, and executives addressed a broad range of questions during the earnings call, including macroeconomic concerns and CEO Elon Musk's pending takeover of Twitter. Earnings: $1.05 vs 99 cents per share (adjusted) expected, based on analysts polled by Refinitiv$1.05 vs 99 cents per share (adjusted) expected, based on analysts polled by Refinitiv Revenue: $21.45 billion vs $21.96 billion expected, per Refinitiv. On an earnings call on Wednesday to discuss the results, Musk answered shareholder questions about electric vehicle demand and a possible share buyback. Tesla is likely to do a "meaningful buyback" next year, he added, potentially between $5 billion and $10 billion pending board approval. Musk is expected to sell a portion of his considerable shares in Tesla to help finance the close of that $44 billion take private deal.
Investor Sven Henrich asked Musk (via his Twitter account "@northmantrader") if the report was true. As CNBC previously reported, Musk posted a series of tweets earlier this month seeking support for what he thought would be the best outcome for Russia's war on Ukraine. Musk proposed UN-supervised votes in Ukraine about whether certain regions of the nation under siege should join Russia. Publicly opining on war could prove risky for Musk and SpaceX, cautions J2 Ventures founder and Managing Partner Alex Harstrick. Musk has also recently sounded off, in an interview with Financial Times, about his vision for resolving China's conflict with Taiwan.
Tesla adds Airbnb co-founder Joe Gebbia to board
  + stars: | 2022-09-28 | by ( Lora Kolodny | ) www.cnbc.com   time to read: +2 min
Joe Gebbia, co-founder of Airbnb and chairman of Airbnb.org, during South By Southwest (SXSW) festival in Austin, Texas, U.S., on Sunday, March 13, 2022. Tesla has added Airbnb co-founder, designer, and billionaire Joe Gebbia as an independent member to its board of directors according to a regulatory filing out Wednesday. Adding Gebbia to the Tesla board may help Tesla avoid further conflict with the SEC, which has initiated multiple probes to determine that Musk and Tesla remain in compliance with their agreement. However, Gebbia remains on the Airbnb board and serves as chairman of Airbnb.org, the company's affiliated nonprofit that provides housing to people displaced in times of crisis, including those impacted by natural disasters and global conflicts. Gebbia has not been assigned to any Tesla board committees yet.
With his attention divided, Musk relies on a large team of deputies -- more than 20 people today -- to keep business rolling at Tesla. His cast of direct reports shifts often with strategic or organizational changes, occasional "spot firings" by the mercurial CEO, and resignations. Here are the direct reports we know about as of Sept. 2022. Headcount numbers are approximate and refer to the number of people each of Musk's direct reports was managing as of early September. About 22% of the CEO's direct reports are now based in Texas, around half are still based in California, and more than 90% are men.
The co-founder and CEO of Regent, Billy Thalheimer, said the company has already amassed a backlog of $7 billion worth of orders for its sea gliders. Once on the edge of the harbor, the Regent sea glider accelerates and takes off, staying within one wingspan of the water's surface. "When the vehicle is in the hydrofoils, basically it's like driving above the water surface on stilts," the CTO said. Following successful tests over the summer, Regent now aims for the Viceroy sea glider to enter service by the end of 2025. The startup is also developing a 100-passenger sea glider, dubbed the Monarch, that can carry 25,000 pounds of payload.
At least one Tesla Megapack caught fire early Tuesday morning at the energy storage facility operated by utility PG&E in Monterey, California. PG&E commissioned the 182.5-megawatt (MW) Tesla Megapack system, known as the Elkhorn Battery at Moss Landing, in April this year. The fires in the energy storage systems at Moss Landing are reminiscent of incidents involving Tesla Megapacks in Australia. Following the fire, some residents near the Elkhorn Battery substation at Moss Landing were told to shelter in place due to emissions. PG&E's Jeff Smith noted, "Safety systems at the facility worked as designed when the issue was detected, and automatically disconnected the battery storage facility from the electrical grid."
As a massive wildfire chewed through tens of thousands of acres in California over the past week, smoke and ash billowed into nearby towns including Sparks — home to Tesla's Gigafactory in Nevada. Overall air quality around the Tesla facility was ranked "unhealthy" to "very unhealthy" on Thursday and Friday with around 57 micrograms of fine particulate matter per cubic meter of air, according to the U.S. Air Quality Index. When air quality is that poor, people of all ages are advised to seriously limit outdoor activities, and wear a mask outside to filter smoke and other pollutants. Nevada Gigafactory HVAC filters have been upgraded to a MERV 13 level or higher over the past year to capture wildfire particulates. California's Caldor Fire, for example, burned more than 220,000 acres in 2021, destroying homes, land and leading to hazardous air quality in surrounding areas including in Nevada.
La 18 iunie 2021, aproximativ 20 de tinere și tineri s-au reunit la Centrul de Creație și Agrement pentru Copii și Tineri „Lora Găină” din Fălești. Tinerii au participat la prima repetiție pentru spectacolul de Teatrul Social, iar arta vorbirii și arta actorului au fost subiectele puse în prim planul instruirii. Această activitate face parte din proiectul „Tinerii pentru egalitate și nediscriminare” și se bazează pe combaterea stereotipurilor de gen și depășirea barierelor în asigurarea egalității de gen între fete și băieți. În cadrul instruirii au fost discutate subiecte precum arta vorbirii și arta actorului. Conținutul său este responsabilitatea exclusivă a Asociației „Institutum Virtutes Civilis”, UN Women și UNFPA și nu reflectă neapărat opiniile Uniunii Europene, UN Women și UNFPA.
Persons: Lora Găină, Carolina Buzdugan, . Ulterior Organizations: Uniunea Europeană, Social, Uniunii Europene, Europene Locations: Fălești
Oh my God.” “While watching the George Floyd trial, I noticed the differences and the importance of footage.” “This corner —” “When Stephon was murdered, we only had the officers’ footage. They handcuffed him after he was dead.” “Excessive force.” “Excessive force and lethal force after the fact of death. Anything that does not deal directly with the murder of George Floyd is irrelevant in my opinion.” “He’s 6 to 6 and a half feet tall. George Floyd is already dead.” “That’s right. I feel like it’s a bittersweet thing that’s happening watching the George Floyd trial.
Persons: , George Floyd, Stephon, ” “ Bro, ” “, , Tiffany, Lora, Lora Dene King, Rodney Glen King, King, they’re, ” “ It’s, George Holliday, George Floyd’s, she’s, Wanda Johnson, I’m, Oscar Grant, ” “ Grant, Oscar, bro, Y’all, — ” “ —, let’s, God, Jesus Christ, Sequette Clark, Stephon Clark, ” “ Clark, Floyd, Chauvin wouldn’t, didn’t, “ Poppa’s, They’re, he’s, Rodney Kings, George Floyd — ”, We’re, don’t Organizations: “ Police Locations: Lora Dene, , Los Angeles, America
O instruire axată pe tehnicile de lucru cu tinerii în prevenirea stereotipurilor de gen a reunit peste 20 de reprezentanți ai administrațiilor publice locale din raioanele Fălești și Strășeni și ai instituțiilor partenere ale proiectului „Tinerii pentru egalitate și nediscriminare”, care și-a propus drept scop dezvoltarea capacităților tinerilor și tinerelor și implicarea lor în activități care contribuie la combaterea stereotipurilor de gen și a normelor sociale discriminatorii. „Este un moment potrivit ca să capitalizăm aceste atitudini și abilități ale tinerilor”, a spus Natalia Plugaru. Agenda instruirii online, axată pe tehnicile de lucru cu tinerii în prevenirea stereotipurilor de gen și adresată reprezentanților APL și instituțiilor care interacționează cu tinerii din raioanele Fălești și Strășeni a inclus două subiecte centrale: „Cum tinerii pot contribui la eliminarea stereotipurilor de gen și la modificarea percepțiilor generale ale rolurilor și imaginii femeilor în comunitatea lor?” și „Exerciții interactive recomandate pentru dezbaterile organizate cu tinerii pe subiectul egalității de gen și a stereotipurilor de gen”. #EU4GE #eu4genderequality #StrongerTogetherAcest eveniment este realizat în cadrul Programului regional „Uniunea Europeană pentru egalitatea de gen: Împreună împotriva stereotipurilor de gen și a violenței în bază de gen”, finanțat de Uniunea Europeană și implementat în comun de UN Women și UNFPA. Conținutul său este responsabilitatea exclusivă a „Institutum Virtutes Civilis”, UN Women și UNFPA și nu reflectă neapărat opiniile Uniunii Europene, UN Women și UNFPA.
Persons: Liliana Palihovici, Svetlana Andrieș, Svetlana Andrieș . Natalia Plugaru, Natalia Plugaru, Viorica Harea, Lora Găină Organizations: Uniunea Europeană, Estic, Social, Uniunii Europene, Europene Locations: Fălești, Strășeni, Națiunilor Unite, Moldova
„Chiar dacă anul acesta a fost diferit, păstrăm tradiția colindului nostru! Rusu și Andrei împreună cu artiștii Kiss FM au pregătit un nou colind, realizat în toate condițiile de siguranță, și sperăm să vă placă”, au scris aceștia pe Youtube. „Poate nu va fi Crăciunul pe care ni l-am dorit, dar nu înseamnă că nu poate fi Crăciun fericit”. Printre artiștii care au participat la colind au fost: Feli, Alina Eremia, Irina Rimes, Smiley, JO, Andra, Antonia, Lora, INNA și The Motans! În doar 5 ore videoclipul a adunat peste 46 de mii de vizualizări.
Persons: Rusu, Andrei, Alina Eremia, Irina, Smiley, Andra, Antonia, Lora, INNA Organizations: Kiss FM Locations: JO
Elon Musk reveals prototypes of the Tesla Solar Roof on October 28, 2016 TeslaEven with a record fourth quarter for its solar energy and storage systems business, Tesla's energy revenue declined by over $24 million in 2019, after several rounds of layoffs that started the prior year. Tesla said, in its annual financial report on Thursday, that it's ramping up solar photovoltaic production at its plant in Buffalo, New York. "We have recently started manufacturing solar panels at this facility in collaboration with Panasonic," the filing states. Since the acquisition, solar energy has been a relatively small and dwindling business for Tesla, in part because of delays in manufacturing and a longer development cycle than expected. Musk said last March that 2019 would be the "year of the solar roof."
The war was supposed to be over by Christmas of 1914, but by December the war was stuck in the gruesome trench warfare WWI is known for. On Christmas Eve and Day a spontaneous truce broke out on the Western Front against the orders of high command. British and German troops meeting in No-Man's Land during the unofficial truce, 1914. A century after the war began, German and British soldiers still get together to play soccer and celebrate Christmas. German and British troops participate in a football match to commemorate the Christmas Truce of 1914, at the ISAF Headquarters in Kabul December 24, 2014.
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