Home Technology Twitter Could Go Bankrupt, Musk Says

Twitter Could Go Bankrupt, Musk Says

0
Twitter Could Go Bankrupt, Musk Says

People walk outside Twitter headquarters in San Francisco, Friday, Nov. 4, 2022.

People stroll exterior Twitter headquarters in San Francisco, Friday, Nov. 4, 2022.
Photo: Jeff Chiu (AP)

Twitter goes to Hell in a handbasket. Wait no — that’s a dumpster.

Oh look, it’s full of cash.

Aaannnnd it’s on fireplace.

Apparently, issues on the birdsite aren’t going so nice. Actually, the so-called “microphone of the masses” is in fairly unhealthy form. Bad sufficient that genius-billionaire investor Elon Musk is now reportedly telling his employees (extra of whom he says he intends to put off) that chapter is now on the desk.

This in keeping with a number of information sources aware of the goings-on on the firm, together with the New York Times and Platformer, the tech publication of former Verge editor Casey Newton.

The chapter chatter caps off one of many worst days within the historical past of the platform. Musk’s plan to supply blue verification badges for cash to actually anybody with $8 has blown up spectacularly. By midday, the variety of verified popes — that’s, the bishop of Rome and earthly consultant of Christ — had multiplied exponentially. A serious pharmaceutical firm had seemingly declared the drug insulin free for all. And at the least one particular person whose username betrayed a deep love of Adolf Hitler had obtained Twitter’s verified blessing.

Meanwhile, NPR was reportedly warning the journalists it employs to not delete their accounts — for worry they’d be instantly impersonated. And the Pentagon was said to be unsure of what to with its personal account, in keeping with Afghan War vet-turned-reporter Steve Beynon.

At time of writing, Twitter’s model new head of belief and security — who changed the one Musk fired final month — and the top of its gross sales and advertising have been said to be in search of a approach to completely exit the constructing. The govt pair, Yoel Roth and Robin Wheeler, respectively, not 30 hours in the past took half in a Q&A on Musk’s behalf, the purpose of which was purportedly reassuring advertisers that every part was not, because it appeared, going to shit.

All this absolute chaos led the editor in chief of 1 nationwide journal to surprise aloud Wednesday whether or not the individuals bankrolling Musk’s takeover really labored for his largest social media rivals. (“Would he be acting any differently?”)

Gizmodo was unable to achieve out to Twitter for remark, because the Verge additionally reported at this time, there isn’t any one left within the workplace that used to take these calls.


#Twitter #Bankrupt #Musk
https://gizmodo.com/twitter-could-go-bankrupt-musk-says-1849770434