Thursday, 1st December 2022
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Twitter set for mass layoffs after Elon Musk takeover

Employees are bracing for bad news after receiving a memo about job cuts, with every second worker reportedly at risk of being laid off. Elon Musk has already fired top executives since buying the social media giant.

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2 May
In the World This Week, UN Secretary General Antonio Guterres tries to negotiate humanitarian corridors in Ukraine while on a visit to Kyiv. French President Emmanuel Macron's re-election honeymoon period proves short-lived, with the focus quickly turning to June legislative elections. And Tesla founder Elon Musk makes a $44 million offer for social media platform Twitter.
5 May
Elon Musk says companies and governments might need to pay to use Twitter under his ownership, as the billionaire Tesla founder seeks more investors to cover the private financing of his $44 billion takeover deal. The US Fed gets set to hike interest rates, and soaring profits at oil companies spur a push for windfall taxes.
5 May
Tesla CEO, Elon Musk recently acquired Twitter after the board agreed to the takeover bid by the Billionaire, marking a dramatic reversal of its earlier hesitation to accept the offer. Musk reportedly paid $54.20 (€50.8) per share in cash, or $44 billion, to take a 38% stake in the messaging platform. The takeover has however been welcomed with mixed feelings with many expressing fears that Musk may alter the way the platform operates.
13 May
Wall Street's main indexes opened higher on Friday (May 13) at the end of a bumpy week marked by rising concerns over tighter monetary policy and slowing economic growth, while Twitter sank after Elon Musk put his deal for the social media company on hold.
13 May
Here are a few reasons to pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on Saturday.⁣
22 May
A phony account on Twitter, with at least four different identities since February, claims to be the brother of slain Al-Jazeera journalist Shireen Abu Akleh. In this edition of Truth or Fake, we explain how we uncovered this fake Twitter account with more than 35,000 followers.
19 May
Twitter has published an account of its deal with Elon Musk suggesting his concerns about "fake users" only arose after setting a price. The Tesla mogul's takeover is not yet complete, with Musk calling it into question.
8 Jun
Musk accused Twitter of not providing data on spam accounts, saying he reserves "his right to terminate the merger agreement" over the dispute.
9 Jun
Elon Musk's legal team has warned Twitter that the Tesla boss could walk away from a $44 billion deal to buy the social media giant, accusing it of breaching its contractual obligations by not sharing information about how fake accounts are calculated. We take a closer look. Plus, at its annual Worldwide Developers Conference in Palo Alto, Apple launches a redesigned MacBook Air and a MacBook Pro with a new chip that makes them faster and more powerful.
12 Jul
Twitter hit back on Monday at Elon Musk for accusing the social media company of breaching its obligations in their merger agreement, saying it is Musk who's breaching the $44-billion deal by attempting to ditch it.
2 Aug
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7 Aug
The richest man in the world has claimed in court that Twitter lied to him about key parts of the business. The Tesla CEO is facing a lawsuit to force him to go through with his purchase of the social media company.