Musk’s all-nighters at Twitter raise concern for Tesla investors

Musk’s all-nighters at Twitter raise concern for Tesla investors

SAN FRANCISCO, Nov 15 (Reuters) – In 2018, Elon Musk was working through the night and sleeping at Tesla Inc’s (TSLA.O) factories in California and Nevada as the company struggled to ramp up production of the Model 3. On Monday, Musk said he had worked through the night at Twitter’s San Francisco headquarters and would … Read more

Showing off songs and sequins, Museum of Broadway opens in New York

Showing off songs and sequins, Museum of Broadway opens in New York

NEW YORK, Nov 14 (Reuters) – Right on Times Square in the heart of New York’s theater district, a new Museum of Broadway is designed to take fans behind the curtain of some of its biggest musicals. Rooms in the museum on 45th Street, which opens on Tuesday, use music, videos, glittering costumes and walk-through … Read more

Trump fights Twitter ban at U.S. appeals court

Trump fights Twitter ban at U.S. appeals court

Nov 14 (Reuters) – Former U.S. President Donald Trump on Monday asked a U.S. appeals court to revive his lawsuit against Twitter Inc challenging his permanent suspension from the platform after his supporters attacked the U.S. Capitol on Jan. 6, 2021. Lawyers for Trump, a Republican, told the San Francisco-based 9th U.S. Circuit Court of … Read more

Elon Musk says ‘I have too much work on my plate’

Elon Musk says ‘I have too much work on my plate’

NUSA DUA, Indonesia, Nov 14 (Reuters) – Billionaire Elon Musk said on Monday he was working “at the absolute most amount…from morning til night, seven days a week” when asked about his recent acquisition of Twitter and his leadership of automaker Tesla Inc (TSLA.O). “I have too much work on my plate that is for … Read more

Sam Bankman-Fried’s sudden turn from white knight to washout

Sam Bankman-Fried’s sudden turn from white knight to washout

Nov 11 (Reuters) – Sam Bankman-Fried earned a reputation as savior of the crypto industry when he bailed out two platforms earlier this year. But when FTX, the exchange he co-founded and led until Friday, needed a lifeline, none was forthcoming. Until this week, the 30-year-old American was seen as a darling in digital assets … Read more

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

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 … Read more

Musk warns of Twitter bankruptcy as more senior executives quit

Musk warns of Twitter bankruptcy as more senior executives quit

Nov 10 (Reuters) – Twitter Inc’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. privacy regulator and the exit of the company’s trust and safety leader. The billionaire on his first mass call with employees said … Read more

Exclusive: Behind FTX’s fall, battling billionaires and a failed bid to save crypto

Exclusive: Behind FTX’s fall, battling billionaires and a failed bid to save crypto

Nov 10 (Reuters) – (This story contains language some readers may find offensive in paragraph 2) On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off-guard with a somber message. “I’m sorry,” he told them. “I fucked up.” The reason for the mea culpa: His announcement half an hour earlier that … Read more

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

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 … Read more

Cryptoverse-Elon Musk frees the bird and the dog coin flies

Cryptoverse-Elon Musk frees the bird and the dog coin flies

SINGAPORE, Nov 8 (Reuters) – It’s no joke. Elon Musk’s acquisition of Twitter has put fresh wind in the sails of dogecoin, the meme cryptocurrency he catapulted to fame. Dogecoin’s price doubled after the Tesla tycoon completed the $44 billion deal. It was trading at about $0.07 on Oct. 27 before Musk tweeted “the bird … Read more