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Elon Musk announced that he would step down as the CEO of Twitter. "Should I step down as head of Twitter?," Musk tweeted on Sunday afternoon. The search was already ongoing before Musk's poll on whether he would step down, CNBC reported, citing unnamed sources. Musk's search for a new Twitter CEO comes amid criticisms and concerns from Tesla shareholders and analysts that he is spreading himself too thin. Musk is also the CEO of Tesla, which share price has fallen 61% this year so far.

☆ A lawyer representing 100 ex-Twitter staff says the company's conduct has been 'incredibly egregious' since Elon Musk took over
▼ + stars: | 2022-12-21 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

A lawyer filed demands for arbitration on behalf of 100 Twitter employees who lost their jobs. Since Elon Musk took over, Twitter's conduct has been "incredibly egregious," Shannon Liss-Riordan said. She added that this was just the "first wave" of arbitration demands against the company. She added that this was just the "first wave" of arbitration demands against the company. The next week Musk started laying off staff, with around half of the company's 7,500-strong workforce being cut.

☆ Twitter has lost its last deputy general counsel as its legal team shrinks, a report says
▼ + stars: | 2022-12-16 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Twitter deputy general counsel Regina Lima has left the company, Bloomberg Law reported. The social-media platform's legal team, which once stood at close to 200, is now largely depleted. Before Elon Musk took control of Twitter in late October, the company had around 200 staff on its legal team, according to Bloomberg Law. Twitter's legal team was shaken up as soon as Musk's purchase of Twitter went through. After Gadde and Edgett's terminations, James Baker, a former FBI general counsel, was the company's most senior lawyer.

☆ A private jet company is suing Elon Musk's Twitter, alleging it's trying to dodge a nearly $200,000 bill
▼ + stars: | 2022-12-12 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

A private jet company sued Twitter, alleging breach of contract and failure to pay for two flights. The flights were "urgent" and authorized ahead of Elon Musk's takeover, the lawsuit said. The publication was the first to report on PJS' lawsuit against Twitter, which was filed in the US District Court of New Hampshire. The private jet company later sent Twitter a bill for the two flights in early November, but alleges Twitter never paid. PJS said Twitter breached its contract by refusing to pay "under circumstances that make it reasonable for PJS to expect payment."

☆ Elon Musk told ex-Twitter CEO Jack Dorsey 'almost no one was working on child safety' when he took over
▼ + stars: | 2022-12-10 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

Elon Musk tweeted it was a "crime" child safety wasn't prioritized at Twitter before he took over. Former Twitter CEO Jack Dorsey responded via Twitter that Musk's claim was "false". Musk doubled down and added it was his "top priority" with new trust and safety chief Ella Erwin. Dorsey responded that Musk's claim was "false." Musk contradicted Dorsey and said: "When Ella Irwin, who now runs Trust & Safety, joined Twitter earlier this year, almost no one was working on child safety."

☆ Elon Musk says 'controversial decisions' at Twitter were often made without Jack Dorsey's approval
▼ + stars: | 2022-12-09 | by ( Kate Duffy | ) www.businessinsider.com time to read: +2 min

Elon Musk said "controversial decisions" at Twitter were often made without Jack Dorsey's approval. While CEO of Twitter, Dorsey was "unaware of systemic bias" at the company, Musk said. Musk's comments came after part two of the so-called Twitter Files were published Thursday. Responding to Weiss' tweet, and appearing to back Dorsey, Musk said: "Controversial decisions were often made without getting Jack's approval and he was unaware of systemic bias. Dorsey hasn't responded to the Twitter Files' claims but he told Musk on Wednesday to "just release everything without a filter."

☆ Hundreds of people are applying for a chance to work at Elon Musk's 'hardcore' Twitter 2.0 — even after the billionaire laid off half the company's workforce
▼ + stars: | 2022-12-07 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Hundreds of people have applied to Twitter job postings on LinkedIn. Musk laid off about 50% of Twitter's workforce in November and has asked remaining staff to work "hardcore." Just last month, Elon Musk laid off thousands — about half of the company's workforce — and over 2,000 more employees quit. The new job postings come only a few weeks after thousands of employees left the company. Twitter employees might also be able to benefit from stock in the company.

☆ Meta considered building a Twitter competitor to capitalize on Elon Musk's 'crisis' at company, report says: 'LET'S GO FOR THEIR BREAD AND BUTTER'
▼ + stars: | 2022-12-07 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Meta brainstormed how to build a Twitter competitor as Elon Musk took over the platform, NYT reports. Since, Elon Musk took over Twitter the company has lost advertisers and around half its staff. "Twitter is in crisis and Meta needs its mojo back," one Meta employee wrote in a post, per The Times. Since the richest man in the world took Twitter private in October there's been a large amount of uncertainty regarding the company's future. Without major advertisers, Twitter could flounder as ads accounted for about 90% of Twitter's revenue last year.

☆ Elon Musk confirmed the firing of Twitter deputy general counsel James Baker for allegedly interfering in the publication of the Twitter Files
▼ + stars: | 2022-12-06 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +2 min

Elon Musk confirmed the firing of another high-ranking Twitter official: deputy general counsel James Baker. Musk accused Baker of possibly playing a role in suppressing "information important to the public dialogue." Matt Taibbi, who tweeted Friday's "Twitter Files" thread, accused Baker of secretly vetting the files. Taibbi has promised to reveal additional "Twitter Files" material in conjunction with journalist Bari Weiss, a former op-ed writer for The New York Times. Baker's firing comes a little more than one month since Musk took over as the new owner of Twitter.

☆ Twitter's former C-suite received $200 million in combined stock payouts after Elon Musk fired them
▼ + stars: | 2022-12-05 | by ( Kali Hays | ) www.businessinsider.com time to read: +3 min

CEO Elon Musk quickly fired Twitter executives upon taking over the company in October. The Twitter executives who were immediately fired when Elon Musk took over the company walked away with much larger bank accounts. He walked away from Twitter with a total of $63 million in converted stock. Gadde held just over 1 million shares in common stock when she was fired, having worked there for more than 11 years, which converted to $59.5 million. Gadde walked away from Twitter with the most money, seeing all of her converted stock total $72 million.

☆ Elon Musk says Twitter is recruiting just weeks after laying off half the company's staff
▼ + stars: | 2022-11-28 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Elon Musk shared slides from a Twitter company presentation online. Since Musk bought Twitter, its workforce has shrunk by around three quarters through layoffs, resignations, and firings. The next week Musk started laying off staff, with around half of the company's workforce being cut. But two days later, on Wednesday night, several dozen more Twitter workers – mostly engineers – were fired for performance reasons. The slide from Musk's presentation to company staff doesn't say which roles the company is hiring for.

☆ A look back at Elon Musk's chaotic first month at Twitter
▼ + stars: | 2022-11-27 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +9 min

CNN —Sunday officially marks one month since the world’s richest man took the helm at Twitter. After spending months embroiled in an unsuccessful legal battle to get out of his initial proposal to buy Twitter, Musk made his first splashy entrance into the company’s offices on Oct. 26, carrying a sink. (In a video of the incident shared on Twitter, he wrote: “Entering Twitter HQ – let that sink in!) In another dramatic move by the new boss, Musk publicly fired a software engineer who had survived the initial round of cuts, but who then questioned Musk on Twitter. Musk goes onto to grant ‘amnesty’ to most previously banned accountsAfter conducting yet another Twitter poll, Musk said on Nov. 24 that he will begin restoring most previously banned accounts on Twitter starting next week.

☆ Elon Musk's 2-year-old son ran around Twitter's office and played with toys while his dad talked to advisors about moderation, report says
▼ + stars: | 2022-11-24 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Elon Musk's son X Æ a-Xii was present during Twitter meetings after the purchase went through, WaPo reported. Two-year-old X Æ a-Xii, Musk's first child with Grimes, ran round while he met with Yoel Roth, per WaPo. The Post reported that toys were scattered round the room and X Æ a-Xii ran around. X Æ a-Xii may have been at Twitter's HQ to attend the office Halloween party that day, where some staff brought their children. X Æ a-Xii, who he had with his musician and ex-partner Grimes, was Musk's seventh child.

WASHINGTON, Nov 23 (Reuters) - Top Senate Republican Chuck Grassley urged Elon Musk, who recently acquired Twitter, to conduct a threat assessment at the social company to better protect U.S. user data, following up on concerns raised by a whistleblower. read moreIn a letter to Musk dated Tuesday and released on Wednesday, Grassley, the top Republican on the U.S. Judiciary Committee, asked Twitter to perform a threat assessment "of Twitter's current security posture and systems to better protect user data and privacy." "Twitter collects vast amounts of data on American citizens. Zatko testified that a foreign agent could use malware to steal Twitter users personal information, and use that to gain access to sensitive data on the person's phone, among other dangers. According to Grassley, Agrawal did not respond to the letter, citing litigation with Musk.

☆ Elon Musk's 'hardcore' work ultimatum was a deliberate plan to push Twitter employees out after he was warned against cutting more than 50% of staff
▼ + stars: | 2022-11-22 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Elon Musk laid off half of Twitter's staff. But he agreed to laying off just 50% to start with after he was advised again making bigger cuts, Platformer reported, citing sources familiar with the matter. Instead, he sent staff a now-infamous email telling them to commit to "hardcore" work as a deliberate ploy to push more employees to leave, Platformer reported. Immediately after taking control of Twitter, Musk fired some key execs including CEO Parag Agrawal and CFO Ned Segal. Some staff who committed to Musk's "hardcore" Twitter, meanwhile, were laid off by the company, Platformer and Bloomberg reported.

☆ Elon Musk has been preaching the value of 'hardcore' work to employees for over a decade, early Tesla emails show
▼ + stars: | 2022-11-21 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Elon Musk is mirroring his Tesla management style at Twitter. The CEO has told Tesla employees to "go super hardcore" and "ultra hardcore" in the past. Last week, the billionaire gave Twitter employees an ultimatum: commit to working "extremely hardcore" or resign. While the note spurred a mass exodus of Twitter staffers, it was a move that is all too familiar to Tesla employees. Musk's more utilitarian leadership style style represents a sharp departure from that of Jack Dorsey and Parag Agrawal.

Elon Musk on Saturday reinstated former President Donald Trump's Twitter account. Musk polled Twitter users about whether to bring back the account, with 51% of respondents voting "yes." Trump's return to Twitter was widely anticipated after Tesla CEO Elon Musk closed a $44 billion deal to buy the company. "I do think it was not correct to ban Donald Trump," Musk said at a Financial Times conference in May. "I am not going on Twitter, I am going to stay on TRUTH," Trump told Fox News in April, referring to the website Truth Social.

That plan quickly falls through — and Twitter decides to adopt a poison-pill strategy to fend off a hostile takeover from Musk. At this point, shares in Musk's automotive company, Tesla, began to decline; by mid-November, they will have lost close to half their value. “Musk’s conduct simply confirms that he wants to escape the binding contract he freely signed, and to damage Twitter in the process,” Twitter says. In the meantime, Musk and Twitter jockey for position ahead of the October trial — with Judge Kathaleen McCormick increasingly siding with Twitter in key pre-trial motions. Within 48 hours, the site was flooded with users who bought blue checkmarks only to turn around and impersonate official accounts, including Musk's.

☆ Elon Musk got a team to trawl Twitter's internal chat platform and create a list of insubordinate employees, resulting in some firings, report says
▼ + stars: | 2022-11-16 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Elon Musk ordered his Twitter team to make a list of insubordinate staff, the New York Times reports. The team scanned Twitter's internal chat platform and employees' tweets for criticism of Musk. Just shy of two dozen employees were fired overnight on Tuesday for criticizing Musk either publicly or internally through Slack. After one Twitter user said "you probably don't want this guy on your team," Musk responded in a now-deleted tweet that "he's fired." Twitter staff who made mention of Frohnhoefer's firing in internal chats were also cut from the company, The Times reported.

☆ Elon Musk mocks Twitter staff fired for criticizing him, saying 'these geniuses' will 'no doubt be of great use elsewhere'
▼ + stars: | 2022-11-16 | by ( Kate Duffy | ) www.businessinsider.com time to read: +3 min

Elon Musk on Tuesday used a sarcastic tweet to mock Twitter staff he'd fired for criticizing him. Several employees were reportedly fired after criticizing Musk on internal chats and Twitter itself. In a follow-up tweet Tuesday, Musk wrote: "Important to admit when I'm wrong & firing them was truly one of my biggest mistakes." This week, Musk posted a since-deleted tweet saying Eric Frohnhoefer, a Twitter software engineer, had been fired after Frohnhoefer tweeted criticism of Musk. Two other engineers said they'd been fired within 24 hours of criticizing Musk.

☆ Elon Musk just unfollowed ex-Twitter CEO Parag Agrawal, the latest escalation in a lengthy feud that has included blunt texts, clashes over bots, and lawsuits
▼ + stars: | 2022-11-16 | by ( Grace Dean | ) www.businessinsider.com time to read: 1 min

Musk & Agrawal appeared to first talk in MarchElon Musk. Susan Walsh/APTesla and SpaceX CEO Elon Musk started buying Twitter stock on an almost-daily basis in January. Messages between Musk and Agrawal were released in September as part of a lawsuit Twitter filed against Musk. Musk, Agrawal, and Twitter chair Bret Taylor met for a meal near San Jose on March 31. "Memorable for multiple reasons," Agrawal texted.

☆ I'm still at Twitter and have a front-row seat watching everything fall apart. At this point, I'm just trying to collect a paycheck.
▼ + stars: | 2022-11-12 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +7 min

From the week leading up to Elon Musk's acquisition to the lay-offs week and this week gone, it's been a very weird and tiring time. It happened to be the same day that the Twitter offices were holding big Halloween events and had it decorated. Remote work was a big cultural hitA lot of people work remotely full-time or for at least two days a week. I'm sitting around and just collecting my paycheckI'm now interviewing around and trying to find something with big players. The Twitter that we had as an employer is gone and it won't be a fun place to work.

Elon Musk is overhauling Twitter after taking overMichael Gonzalez/Getty ImagesTesla CEO Elon Musk, the world's richest man, sealed the deal and acquired Twitter for $44 billion on October 27 after months of costly litigation. Following his takeover, one of his first moves was to fire four top executives. In the days since, others have also decided to leave on their own terms. Musk had already put in motion wide-ranging plans for Twitter, including charging users for verification, bringing back video-sharing app Vine, and laying off staff, as he plans to overhaul the company. Here are all the executives and top managers who have either been fired or left the social media company following Musk's takeover.

☆ Elon Musk persuaded Twitter's top sales executive to stay after she and other senior leaders quit, report says
▼ + stars: | 2022-11-11 | by ( Kate Duffy | ) www.businessinsider.com time to read: +2 min

Elon Musk persuaded a top Twitter executive to stay after she resigned, Bloomberg reported. Reports said Robin Wheeler had quit, but she tweeted later on Thursday "I'm still here." Robin Wheeler, Twitter's head of advertising sales, on Wednesday moderated a Q&A with Musk called "Advertising & the Future." The following day, The New York Times reported Wheeler had left Twitter. After Twitter's chief information security officer, chief privacy officer and chief compliance officer quit, the Federal Trade Commission said in a statement to the Washington Post it was "tracking the developments at Twitter with deep concern."

☆ Elon Musk failed to give laid-off Twitter employees previously promised severance packages, lawsuit alleges
▼ + stars: | 2022-11-11 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Laid-off Twitter employees are suing the company saying they were promised a range of severance benefits. The lawsuit says they were assured these benefits would hold after Elon Musk bought Twitter. However, recently laid-off employees say Twitter reneged on the promised severance pay. Twitter employees "reasonably relied" on this promise in the weeks leading up to Musk's purchase and chose not to look for jobs elsewhere, the lawsuit shows. This claim appears to contrast a November 4 tweet from Musk, which said that all exited employees were offered three months' severance.

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