Tech entrepreneur and former Twitter CEO Jack Dorsey has been virtually silent since Elon Musk acquired the platform and launched a major overhaul of the company, that included mass layoffs.
Musk's takeover over the San Francisco-based company has been chaotic, firing top executives including CEO Paraj Agrawal on his first day as owner. He also removed the company’s board of directors and installed himself as the sole board member.
Then, thousands of workers, perhaps as much as half of Twitter's workforce, were being told Friday that they'd been laid off. Emailed notices went out to employees Friday, informing them of their fate. Amid the takeover and sweeping layoffs, Dorsey has only shared tweets and information about cryptocurrency and his digital payment company Block Inc.
Dorsey is also beta-testing a new social platform called Bluesky that he previously pitched as a decentralized social media site. It aims to be free of government influence and could potentially compete with Twitter, Dorsey has made no mention of the Twitter overhaul, but one of the company's largest investors, Twitter co-founder Evan Williams shared a message to those let go. that I have read and agree
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Liberals consider amending Bill C-18 so smaller news outlets qualify for Big Tech revenue sharingSmall and start\u002Dup outlets say the current bill — requiring that qualifying news outlets employ two or more journalists in Canada — leaves them out
Read more »
Why Turkish Pipes Made From Meerschaum Are So ExpensiveInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Trevor Noah jokes that Elon Musk should charge whites to say n-wordTrevor Noah jabbed at Elon Musk's early Twitter tenure, joking that if the new owner really wants to make money he should charge white people to say the 'n-word'
Read more »
Elon Musk's Twitter identifies thousands of staff who will be laid offInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Walmart offers half-off deal for Amazon Prime rival, Walmart+Walmart is offering a half-off deal for its Amazon Prime competitor, Walmart+, and it includes early access to Black Friday deals
Read more »
High Tech High teachers gain community support for contract demandsHigh Tech High teachers are demanding action on their demands from the schools' charter management organization. MargaritoGPerez says sticking points include a third-party due process for teachers who are fired.
Read more »