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Musk says Twitter to hold off relaunching blue check verification

Nov 21 (Reuters) – Twitter’s new owner Elon Musk said on Monday the social media company is holding off the relaunch of its blue check subscription service, a delay from his initial tentative timeline to bring back the service on the platform. “Holding off relaunch of Blue Verified until there is high confidence of stopping […]

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BUSINESS

Twitter restores ‘official’ label; $8 blue check mark option vanishes

Nov 11 (Reuters) – Elon Musk’s Twitter Inc on Friday brought back the “official” badge to some accounts, just days after doing away with it, while several users reported the new subscription option for the blue verification check mark had disappeared. The move follows a surge in fake accounts on the platform after new boss […]

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BUSINESS

Musk warns of Twitter bankruptcy as more senior executives quit

Nov 10 (Reuters) – Twitter’s new owner Elon Musk on Thursday raised the possibility of the social media platform going bankrupt, capping a chaotic day that included a warning from a U.S. regulator and departures of senior executives viewed as future leaders. The billionaire told Twitter employees on a call that that he could not […]

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Latest-News

Republican ‘red wave’ turns into a ripple, Georgia Senate headed to runoff

Republicans still favored to win House Key races in both chambers too close to call Biden’s next two years at play ALPHARETTA, Ga./PHOENIX, Ariz., Nov 9 (Reuters) – Republicans made modest gains in U.S. midterm elections but Democrats performed better than expected, as control of the Senate hinged on three races that remained too close […]

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BUSINESS

Meta to cut more than 11,000 jobs in one of the biggest layoffs this year

Nov 9 (Reuters) – Meta Platforms Inc (META.O) said on Wednesday it will let go of 13% of its workforce, or more than 11,000 employees, in one of the biggest layoffs this year as the Facebook parent battles soaring costs and a weak advertising market. The mass layoffs, first in Meta’s 18-year history, follow thousands […]

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BUSINESS

Twitter lays off staff as Musk blames activists for ‘massive’ ad revenue drop

Musk looking to axe around half of Twitter’s workforce Employees file class action against Twitter Staff lose access to systems Volkswagen pulls ads Nov 4 (Reuters) – Twitter Inc started a major round of layoffs on Friday, alerting employees of their job status by email after barring the entrances to offices and cutting off workers’ […]

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BUSINESS

Musk says Twitter will charge $8/month for blue check mark

Nov 1 (Reuters) – Twitter Inc will charge $8 a month for its Blue service, which includes its sought-after “verified” badge, new boss Elon Musk said on Tuesday as he seeks to boost subscriptions and make the social media network less reliant on ads. “Twitter’s current lords & peasants system for who has or doesn’t […]

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BUSINESS

Exclusive: Twitter is losing its most active users, internal documents show

Oct 25 (Reuters) – “Is Twitter dying?” billionaire Elon Musk mused in April, five days before offering to buy the social media platform. The reality, according to internal Twitter (TWTR.N) research seen by Reuters, goes far beyond the handful of examples of celebrities ghosting their own accounts. Twitter is struggling to keep its most active […]

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BUSINESS

Rupert Murdoch considers combining Fox, News Corp

Oct 14 (Reuters) – Rupert Murdoch has started a process that could reunite his media empire, News Corp (NWSA.O) and Fox Corp (FOXA.O) disclosed on Friday, saying they would consider combining at his behest, nearly a decade after the companies split. Both have formed special committees to review proposals of a potential combination, they said. […]

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Latest-News

U.S. House Jan. 6 committee votes to subpoena Trump

WASHINGTON, Oct 13 (Reuters) – The U.S. House of Representatives committee probing the Jan. 6, 2021, attack on the U.S. Capitol by Donald Trump’s supporters voted unanimously on Thursday to subpoena the former president, a move that could lead to criminal charges if he does not comply. The House select committee’s seven Democratic and two […]

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