Musk warns Twitter's survival is at stake as staff quits

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 71%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

'We need roughly half of our revenue to be subscription,' says ElonMusk.

FILE - A receptionist works in the lobby of the building that houses the Twitter office in New York, Wednesday, Oct. 26, 2022. Elon Musk has emailed Twitter employees ordering them to return to the office starting Thursday for at least 40 hours a week and warning of “difficult times ahead.”

“Sorry that this is my first email to the whole company, but there is no way to sugarcoat the message," wrote Musk, before he described afor businesses like Twitter that rely almost entirely on advertising to make money. In a second email to employees, Musk said the “absolute top priority" over the coming days is to suspend “bots/trolls/spam” exploiting the verified accounts. But Twitter now employs far fewer people to help him do that.

“He’s worked incredibly hard under very challenging circumstances, including being personally targeted by some of the most vicious trolls who were active on the platform,” said Horne, who oversaw global policy communications at Twitter until 2018. “He stayed through all of that because he believed so deeply in the work his team was doing to promote a public conversation and improve the health of that conversation.

“No CEO or company is above the law, and companies must follow our consent decrees," said the agency's statement. “Our revised consent order gives us new tools to ensure compliance, and we are prepared to use them.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines