The News Journal

Elon Musk tweeted, "And soon we shall bid adieu to the twitter brand and, gradually, all the birds". Elon Musk.  Elon Musk on Sunday suggested his decision to change Twitter’s logo. He tweeted, saying: “And soon we shall bid adieu to the twitter brand and, gradually, all the birds”. Reuters referred to Musk’s post on the site at 12.06 am ET (0406 GMT), and added, the social media platform’s billionaire owner added: “If a good enough X logo is posted tonight, we’ll make (it) go live worldwide tomorrow.” According to NDTV, the billionaire has had the name ‘X’ on his mind for some time now. Musk bought Twitter last year for $44 billion and merged the company into an entity called X Corp. While welcoming new CEO Linda Yaccarino in April, he had tweeted, “Looking forward to working with Linda to transform this platform into X, the everything app”. NDTV recalled that in October, he had said, “Buying Twitter is an accelerant to creating X, the everything app”. Musk’s remark, accordi...

A Delaware judge halted a court case against Tesla chief executive Elon Musk over his proposed $44 billion purchase of Twitter, giving the parties more time to complete the deal. Delaware Chancery Judge Kathaleen McCormick said if the transaction was not done by 5pm local time on October 28, she would set new trial dates in November, according to an order issued Thursday. The ruling hands a partial victory to Mr Musk, who earlier in the day had asked the judge to pause Twitter’s lawsuit against him before an October 17 trial date. But it also gives the billionaire a deadline by which he needs to make good on his April agreement to pay $54.20 a share — an obligation he previously tried to abandon. Shares in San Francisco-based Twitter rose by as much as 3.5 per cent in late trading after the judge’s ruling, a sign of optimism that the order gives Twitter some of the certainty it was seeking. Acrimony between the parties escalated Thursday, with both sides trading barbs in court filings....

Elon Musk needs to cut one in ten jobs at Tesla. Some may already have their eye on the exit. The Tesla chief executive’s intentions, conveyed in an internal email seen by Reuters, are rooted in what he described as his “super bad feeling” about the US economy. Some of the nearly 100,000 people employed at the electric carmaker may already be considering their options after Musk issued them with a return-to-office ultimatum this week. In an email sent to staff Tuesday night, Musk threatened to fire anyone who did not work in the office 40 hours a week, a sharp contrast to flexibility offered by Big Tech companies that compete for the same talent pool. The office edict, on top of a steep drop in Tesla’s share price this year – partly due to Musk’s costly pursuit of Twitter – and his public alignment with the Republican party are a toxic mix for some staff. Read More : https://english.alarabiya.net/News/world/2022/06/06/Elon-Musk-opens-door-to-a-Tesla-talent-exodus

Tesla CEO Elon Musk says his deal to buy Twitter can't move forward unless the company shows public proof that less than 5 per cent of the accounts on the social media platform are fake or spam. Musk made the comment in a reply to another user on Twitter early Tuesday. He spent much of the previous day in a back-and-forth with Twitter CEO Parag Agrawal, who posted a series of tweets explaining his company's effort to fight bots and how it has consistently estimated that less than 5 per cent of Twitter accounts are fake. In his tweet Tuesday, Musk said that 20 per cent fake/spam accounts, while 4 times what Twitter claims, could be much higher. My offer was based on Twitter's SEC filings being accurate. Read More : https://www.business-standard.com/article/international/doubt-about-spam-accounts-could-scuttle-twitter-deal-says-elon-musk-122051700705_1.html

Although Elon Musk’s $44 billion deal to acquire Twitter is still months away from closing, some of Mr Musk’s fans are soliciting future employment at the social media platform via the mercurial entrepreneur’s Twitter feed. Considerable turnover is likely, at least based on Mr Musk’s Twitter feed, which is often critical of leadership. So Mr Musk’s followers are taking their shot. “Hire me to run Twitter as VP of Product,” wrote Nikita Bier, co-founder of a positivity-focused polling app called tbh that was acquired by Meta Platforms, in a post tagging Mr Musk on Twitter. “I’ve been building social apps for 11 years – and not in a way that leads products to decay like a typical BigTech ‘product director dad.’” . @elonmusk Hire me to run Twitter as VP of Product. I’ve been building social apps for 11 years—and not in a way that leads products to decay like a typical BigTech “product director dad.” Twitter has the potential to be the leading messenger, groups app & content creation ...

  Elon Musk has been listed as a potential witness in Amber Heard and Johnny Depp’s defamation trial. As the trial continues, let’s take a look at Elon Musk and Amber Heard’s relationship timeline. Johnny Depp and Amber Heard’s defamation trial commenced on 11 April 2022 in Fairfax, Virginia. As reported by The Independent, the actor alleges his ex-wife defamed him in an opinion piece she wrote for The Washington Post in December 2018. In the piece she labelled herself a “public figure representing domestic abuse”. The piece never mentioned Depp by name but his lawyer, Benjamin Chew, claims it was clear Heard was referencing the Pirates Of The Caribbean star, writes Reuters. Depp has denied allegations of abuse and is requesting $50 million in damages. Meanwhile, Heard has filed a counterclaim “accusing him of allegedly orchestrating a ‘smear campaign’ against her”. Her legal team has asked for $100 million in damages. Avengers star Paul Bettany, Spider-Man actor James Franco and e...

 On April 20 every year, part of the internet lights up for Elon Musk. The Tesla founder is more willing than some – such as Donald Trump – to interact with followers and trolls on Twitter. And on this date, he bonds with a chosen few of his fans on the platform. Known as 4/20 in America, it is a reference to one of the inventor's most notorious escapades. Critics allege that a series of tweets in 2018 about having the money to take Tesla private at $420 per share were written to manipulate the stock price, costing shareholders money. The figure is linked to US slang for cannabis and triggered regulatory censure. Ordinarily, the South African-born magnate is known as one the world’s most savvy users of social media — sometimes sophisticated, sometimes not — but his conversations contribute to a devoted loyalty among his fans. Among Mr Musk's army of 82 million Twitter followers are a relative few with whom he regularly interacts, often because they are customers, investors and ...

 Tesla will hand the first Model Y cars made at its €5 billion ($5.5bn) Gruenheide plant to clients on Tuesday, launching its first European production hub with the biggest investment in a German car factory in recent history. German Chancellor Olaf Scholz will attend the ceremony alongside Tesla chief executive Elon Musk, marking a moment Mr Musk had hoped would happen eight months ago but local authorities say has come comparatively quickly for a project of its size. The opening comes as Mr Musk has flagged Master Plan Part 3 for Tesla, which, he said, will map out scaling Tesla to "extreme size". Newly completed Tesla Model Y electric cars stand at the new Tesla Gigafactory electric car manufacturing plant on March 21, 2022 near Gruenheide, Germany.  With plans to hire 12,000 workers, the German gigafactory and adjacent battery plant will become the biggest employer in the German state of Brandenburg, where it is based. At full capacity, it will produce 500,000 cars annual...