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☆ Elon Musk demands Twitter staff commit to 'long hours' or leave: Read the email
▼ + stars: | 2022-11-16 | by ( Lora Kolodny | ) www.cnbc.com time to read: +3 min

The Twitter profile page belonging to Elon Musk is seen on an Apple iPhone mobile phone. This week, he also fired veteran engineers at Twitter after they criticized him in public, or in the company's internal Slack channels. One change that he insisted the company roll out quickly, called Twitter Blue verification, had to be rescinded, however. Musk now plans a revised Twitter Blue Verified release on Nov. 29th. Here's the full email that Elon Musk sent to Twitter employees on Wednesday (transcribed by CNBC):From: Elon MuskTo: Team [at Twitter]Subj.

☆ Want to work for Elon? Musk says he's going to be looking for someone else to run Twitter.
▼ + stars: | 2022-11-16 | by ( Matt Turner | Grace Kay | ) www.businessinsider.com time to read: +2 min

Elon Musk said during testimony over his Tesla pay package that he's going to step back from Twitter over time. The richest person in the world said on Wednesday that he's eventually going to find someone else to run Twitter. "But then I would reduce my time [commitment] to Twitter, I'd find someone else to run Twitter over time." Musk has said previously he doesn't really care about the CEO title, though today he's technically CEO at Tesla, Twitter, and SpaceX, although at the latter he's well supported by SpaceX president Gwynne Shotwell. Much of this "burst of activity" has been narrated by Musk himself via his Twitter feed.

☆ Elon Musk's demands to make Twitter workers put in 'long hours at high intensity' is actually what many employers want, but won't say
▼ + stars: | 2022-11-16 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +4 min

Musk emailed Twitter employees Wednesday telling them they could either work all the time or quit. The email shows the stronghold that the concept of the "ideal worker" has on corporate America. "We will need to be extremely hardcore," wrote Musk, who became the owner of Twitter in October. Musk often flaunts his commitment to his workThe transition to "hardcore" work, Musk wrote in the email, "will mean working long hours at high intensity. The ideal worker is always available to meet the needs of a boss or a client.

☆ Elon Musk takes the stand in lawsuit over his Tesla pay
▼ + stars: | 2022-11-16 | by ( Matt Mcfarland | ) edition.cnn.com time to read: +2 min

Washington, DC CNN —Tesla CEO Elon Musk is testifying this morning in a shareholder lawsuit examining the massive compensation package that helped make him the world’s richest person. Musk was awarded the compensation package in 2018, and shareholders approved the deal at the time. They’ve also contrasted Musk’s compensation with the average Tesla salary, which they’ve said is $40,000. Musk’s compensation package goals were characterized t as lofty and incredibly difficult to achieve. This is a developing story and will be updated throughout Musk’s testimony.

☆ It's not just Elon Musk. Your boss probably wants you to put in 'long hours at high intensity' too.
▼ + stars: | 2022-11-16 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +4 min

The email shows the stronghold that the concept of the "ideal worker" has on corporate America. On Wednesday, Elon Musk emailed Twitter employees with new expectations for them. "We will need to be extremely hardcore," wrote Musk, who became the owner of Twitter in October. Musk often flaunts his commitment to his workThe transition to "hardcore" work, Musk wrote in the email, "will mean working long hours at high intensity. The ideal worker is always available to meet the needs of a boss or a client.

☆ Elon Musk sent a midnight email telling Twitter staff to commit to an 'extremely hardcore' work schedule — or get laid off with 3 months' severance
▼ + stars: | 2022-11-16 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Elon Musk sent an ultimatum to all Twitter staff in a midnight email, per The Washington Post. Staff have been given 40 hours to agree to "extremely hardcore" work, or be laid-off. He earlier told Twitter employees to expect 80-hour work weeks and fewer office perks, like free lunches. Musk later posted a picture of himself meeting with "Ligma and Johnson," a pair of pranksters who impersonated laid-off Twitter employees last month and successfully tricked some news outlets. Twitter laid off around 50% of its 7,500 staff on November 4, shortly after Musk completed his takeover.

[1/2] FILE PHOTO:Brazilian President-elect Luiz Inacio Lula da Silva cries while speaking during a meeting with members of the government transition team in Brasilia, Brazil November 10, 2022. REUTERS/Ueslei Marcelino REUTERSBRASILIA, Nov 15 (Reuters) - A dust-up among aides to Brazil's president-elect over the country's choice to lead the Inter-American Development Bank (IDB) is fueling concern that hardcore leftists on his team are eclipsing the influence of more market-friendly moderates. As his transition team begins its work ahead of the Jan. 1 inauguration, investors are wondering which group will be more influential in steering the two-term former president's economic policy. His appointment as coordinator of Lula's transition team was seen as good news for those hoping for market-friendly policies. SEEKING TO PLEASEInvestor concern about Lula's economic plans has been growing since last week.

☆ Elon Musk has donated more to Republicans than Democrats over the past 2 decades
▼ + stars: | 2022-11-13 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

Elon Musk has given $574,500 to Republicans and $542,000 to the Democrats, per OpenSecrets. He has given a total of $574,500 to Republicans and $542,000 to the Democrats in that period, according to the data. "Hardcore Democrats or Republicans never vote for the other side, so independent voters are the ones who actually decide who's in charge!" In 2015 the world's richest man only donated to Democrats, but the following year only gave to the GOP. Through SpaceX, he set up a PAC that donated just over half of its $30,000 to Democrats, with the remainder going to Republicans, per OpenSecrets.

☆ How the same mistake led to thousands of layoffs across the Tech industry
▼ + stars: | 2022-11-11 | by ( Matt Weinberger | ) www.businessinsider.com time to read: +5 min

Tech CEOs all made the same dumb mistake, and it's cost thousands of jobs. In his first remarks to Twitter employees, Musk said that the service's success is far from guaranteed and that bankruptcy is an option. Meta insiders say they have little to no visibility into who, exactly, got let go in the culling of 11,000 jobs. Shopping on social media is the wave of the future; just ask Elon Musk. Keep updated with the latest tech news throughout your day by checking out The Refresh from Insider, a dynamic audio news brief from the Insider newsroom.

☆ Elon Musk says he has PTSD and paranoia about recessions after trying to keep Tesla and PayPal alive during periods marked by financial turmoil
▼ + stars: | 2022-11-11 | by ( Kate Duffy | ) www.businessinsider.com time to read: +3 min

Elon Musk told Twitter staff he had PTSD and paranoia about recessions, per a transcript by The Verge. Musk also said in the meeting he sold Tesla stock to save the social-media platform, per The Verge. He said he had "recession PTSD" from keeping PayPal alive during the 2000 recession and Tesla alive through the 2009 recession. "You may have read that I sold a bunch of Tesla stock. Musk told Twitter staff to expect one or two years of recession, which will disproportionately affect the company, according to The Verge's transcript.

☆ GOP Insider readers: Dump Trump!
▼ + stars: | 2022-11-11 | by ( Kayla Gallagher | ) www.businessinsider.com time to read: +26 min

Insider asked its Republican readers to send in their thoughts on Donald Trump following the GOP's dismal midterm performance. Subscribers to Insider's newsletter were asked two questions: Do you agree with the GOP insiders who blame Trump? Andrew Lichtenstein/Corbis via Getty Image— Joe S.I don't blame Trump per se. Olivier Douliery/AFP via Getty Images— Julia T.I think Trump, DeSantis AND the GOP are EXTREMELY dangerous for our Democracy. The Republican Party needs to get away from the extremists in the party or the Republican Party will no longer exist.

☆ After waiting 2 weeks to address Twitter staff, Elon Musk tells them he's 'pretty responsive on email,' and to bug him if he doesn't reply in 24 hours
▼ + stars: | 2022-11-11 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Elon Musk told Twitter staff he's usually "pretty responsive on email" and replies "within hours." During the Q&A, a transcript of which was published by The Verge, Musk told staff that he's actually usually "pretty responsive on email." "I'm pretty responsive on email," Musk said, per The Verge. "Every now and again, it's a crisis, and if I didn't respond within 24 hours, email me again. Musk also spoke about the company's high attrition rate and told staff that "bankruptcy isn't out of the question."

☆ Elon Musk tells Twitter employees to return to the office or their resignations will be accepted
▼ + stars: | 2022-11-11 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk has told Twitter employees to return to the office or "resignation accepted." Musk has hinted at his desire to introduce a more intense work culture at the company. The new Twitter CEO told employees: "If people do not return to the office when they are able to return to the office, they cannot remain at the company. On Wednesday, Musk told staff via an email that was sent at 2:39 a.m on Wednesday that remote work would no longer be permitted at Twitter. In the email, he wrote: "The road ahead is arduous and will require intense work to succeed."

☆ Elon Musk floats bankruptcy as a possibility, demands 'hardcore' culture in first meeting with Twitter employees
▼ + stars: | 2022-11-10 | by ( Grace Kay | Kali Hays | ) www.businessinsider.com time to read: +4 min

Elon Musk brought up bankruptcy as a possibility in a meeting with Twitter staff, people present said. At the meeting, Musk said Twitter staff will be expected to "perform hardcore." It took place after Musk earlier that morning sent Twitter staff an email, his first company-wide communication since he took over almost two weeks ago. Robin Wheeler, who Musk tasked with leading advertising at Twitter, just left the company, a person familiar told Insider. Are you a Twitter employee or someone else with insight to share?

☆ Netflix COO Greg Peters is charged with driving the streamer's new ads business. Here's what's at stake and why insiders see him as a future CEO.
▼ + stars: | 2022-11-10 | by ( Lucia Moses | Elaine Low | ) www.businessinsider.com time to read: +8 min

Netflix has tasked COO Greg Peters with figuring out its ad push, its biggest initiative in a decade. And the executive tapped to lead the charge is chief operating officer Greg Peters, who's long been the company's go-to for new business ventures. Joining Netflix in 2008 as chief streaming and partnerships officer, Peters quickly stood out as a rising star. The ads tier could also help Netflix with its expansion overseas, where its results have been uneven so far, Mahaney said. Peters played a key role in getting Netflix's creative execs on board with the ads business, one Hollywood insider noted.

☆ Databricks is joining rival Snowflake in backing a $1.5 billion startup as they race to own the way companies use their data
▼ + stars: | 2022-11-08 | by ( Matthew Lynley | ) www.businessinsider.com time to read: +3 min

Databricks said it's making a strategic investment in the $1.5 billion data startup Matillion. It's one of a few coinvestments with a rival, Snowflake, as the two race to own the data experience. Another unicorn startup is joining the small club of companies backed by both Snowflake and Databricks, the big-data rivals that are racing to own companies' entire experiences working with their data. The Databricks Ventures partner Andrew Ferguson said Matillion appealed to a slightly different customer profile than that of Databricks' traditional highly technical audience. While data budgets may be getting more scrutiny, there hasn't been any significant impact in the company's performance, he said.

☆ Elon Musk tells his Twitter followers to vote for Republicans the day before the midterms, despite saying Twitter should be 'politically neutral'
▼ + stars: | 2022-11-07 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +2 min

Elon Musk told his followers on Monday to elect a Republican Congress in the midterm elections. In August, Musk was reportedly a VIP guest of House GOP Leader Kevin McCarthy at his annual donor retreat. Musk announced in May that he would vote Republican in the upcoming election cycle after years of voting for Democrats. Responding to Musk's tweet, Punchbowl News founder Jake Sherman tweeted that Musk has "long been friendly with Kevin McCarthy." Reuters journalist Kanishka Raj Singh dug up a tweet from Musk in April in which he said Twitter should be politically neutral.

☆ Elon Musk recommends voting for Republicans in U.S. midterm elections
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, Nov 7 (Reuters) - Twitter Inc owner Elon Musk, the world's richest person, on Monday recommended that voters pick Republican candidates for the U.S. Congress in Tuesday's midterm election. "To independent-minded voters: Shared power curbs the worst excesses of both parties, therefore I recommend voting for a Republican Congress, given that the presidency is Democratic," Musk said on Twitter. President Joe Biden's Democrats face a steep battle to retain control of Congress in Tuesday's vote. Musk has previously said he would vote for Republicans but says he backs moderates on both sides of the aisle. "Hardcore Democrats or Republicans never vote for the other side, so independent voters are the ones who actually decide who's in charge!

New Twitter owner Elon Musk weighed in on Tuesday's upcoming midterm elections and tweeted on Monday that "independent-minded" people should vote for a Republican Congress. "Shared power curbs the worst excesses of both parties, therefore I recommend voting for a Republican Congress, given that the Presidency is Democratic," Musk wrote in a tweet Monday. In a follow-up tweet, the billionaire added, "Hardcore Democrats or Republicans never vote for the other side, so independent voters are the ones who actually decide who's in charge!" Musk tweeted in April that the platform must be politically neutral in order to maintain the public's trust. A Republican-controlled Congress with a Democratic president would make it less likely for major changes impacting tech platforms to become law.

☆ Factbox: Twitter 2.0: Musk warns of bankruptcy, flip-flops on blue check mark in chaotic start
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +5 min

REUTERS/Dado Ruvic/Illustration/File PhotoNov 18 (Reuters) - Twitter has had a bumpy ride since new owner Elon Musk took charge last month. Twitter has also cut staff by half, while Musk has raised the possibility of the social media platform going bankrupt. read more read more* ROLLS OUT $8 SERVICETwitter on Nov. 5 launches an $8 subscription service that gives the user a verified blue check mark and other features. read more* WARNS OF BANKRUPTCYOn his first mass call with employees, Musk raised the possibility of the social media platform going bankrupt, Bloomberg News reported. read more* RELAUNCH $8 SERVICE ON NOV. 29On Nov. 15, Musk said the sought-after blue check subscription service will be relaunched on Nov. 29, a minor delay from his initial tentative timeline.

☆ Apple has instituted a hiring freeze. Here's what to know.
▼ + stars: | 2022-11-03 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

Netflix's lower-priced subscription tier, Basic with Ads, is now available, so you can spend less to watch your favorite shows. Hiring freezes are underway at Apple. Since the summer, the company has touted its "deliberate" decisions about investment and hiring. But three sources with close knowledge of conversations at the company told Insider it has paused almost all hiring. Musk's Twitter has a list of thousands of employees who will be laid off, representing about 50% of the company's workforce.

☆ Trump fan in a ruby red slice of Ohio still furious about the 2020 election finds JD Vance's closing pitch lacking: 'I'm definitely not voting for him'
▼ + stars: | 2022-11-03 | by ( Warren Rojas | ) www.businessinsider.com time to read: +4 min

GOP Senate hopeful JD Vance is racing across Ohio ahead of the midterms. A Trump fan at a recent rally criticized Vance for moving on from the 2020 election challenges. Vance and Ohio's GOP leaders are pushing election deniers aside, but Trump's base won't budge. "I think it was stolen," Drenan told Insider about the last election. But we've moved on," Fawcett told Insider at the Zanesville rally.

☆ A Twitter employee shared a picture of his boss in a sleeping bag and mask on the office floor, illustrating Elon Musk's new hardcore work culture
▼ + stars: | 2022-11-02 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

A Twitter employee shared a photo appearing to show his boss asleep on the office floor. Insider previously reported that some staff have been asked to work 24/7 since Elon Musk's takeover. "When you need something from your boss at elon twitter," Evan Jones, a product manager at Twitter Spaces, tweeted at around 2:00 a.m. New York time Wednesday. Jones' Twitter page says he is based in New York, while Crawford's says she is based in Los Angeles. An internal message told Twitter staff working on changes to the company's verification process that "the expectation is literally to work 24/7 to get this out," Insider previously reported.

☆ Some Taylor Swift fans are signing up for Capital One credit cards in the hopes of getting tickets to her first tour since 2018
▼ + stars: | 2022-11-02 | by ( Mary Meisenzahl | ) www.businessinsider.com time to read: +3 min

Taylor Swift just announced a 2023 stadium tour. Some fans are signing up for Capital One credit cards to get early access to tickets. Swift has partnered with Capital One since 2019, so some fans applied for cards even earlier for access to exclusive merch. Others sent an influx of credit card applications on November 1. Taylor Swift and Capital One first teamed up in 2019 for a multi-year deal ahead of the release of her album Lover.

☆ Trump taunts Ron DeSantis, sharing a video claiming the Florida governor would be destroyed trying to run against him
▼ + stars: | 2022-10-28 | by ( Tom Porter | ) www.businessinsider.com time to read: +2 min

Donald Trump took a shot at Florida Gov. Ron DeSantis on Truth Social. He shared a post claiming he'd easily defeat DeSantis, writing "I AGREE." Ron DeSantis on his Truth Social platform, amid speculation the pair will be leading rivals in the battle for the 2024 Republican presidential nomination. In the post, Trump shared a clip of podcaster and former Fox News anchor Megyn Kelly being interviewed by BlazeTV host Dave Rubin about a potential Trump-DeSantis showdown.

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