By Kurt Wagner Bloomberg

A former Twitter chairman has sued Elon Musk's X platform for $20 million in shares, after the billionaire allegedly refused to pay the ex-executive's compensation. Earlier this year, former Twitter executives previously sued Elon Musk for allegedly withholding more than $128 million in severance payments after they were ousted.

X, the social network owned by Elon Musk, will start summarizing news events inside the app by using xAI’s chatbot, Grok. The AI-generated summaries will rely on user tweets — not third-party news articles — and will only be available to premium subscribers, the company announced on Friday.

Meta is said to have asked many of its managers and directors to transition to individual contributor jobs or leave the Facebook parent firm. The company reduced its workforce by 13 percent last November, during its first major layoffs.

Elon Musk's "Twitter Files" leaks have provided outside writers unprecedented access to Twitter information, raising concern about external access to Twitter data and user accounts. Twitter's new CEO handed a collection of internal documents and emails from former Twitter employees over to external writers, who are now publishing those documents on...

Elon Musk laid off more Twitter Inc. workers from the sales side of the social network's business beginning late on Sunday, further trimming a staff that had already been decimated by cuts and resignations.

So many employees decided to take severance that it created a cloud of confusion over which people should still have access to company property. Twitter closed its offices until Monday, according to a memo viewed by Bloomberg.

Elon Musk sent an email to Twitter Inc. employees requiring them to pledge to stay with the company, working long hours at "high intensity" during its transformation, or to accept a buyout.

Facebook parent Meta Platforms Inc. is planning to begin widespread job cuts on Wednesday, according to people familiar with the matter, part of a plan to reduce costs at the social-media giant following disappointing earnings and a drop in revenue.

Twitter Inc. is heading into its second full workweek under Elon Musk with half its workforce, mounting losses and a couple of unexpected reversals to its plans.

Elon Musk is said to aim to start charging users for blue verification badges on their profiles by next week, as the company's new owner attempts to reduce fake or spam accounts and raise revenue to run the microblogging service. Twitter users who already have a blue verification badge will have a multi-month grace period before they will either ne...

Twitter Inc. aims to start selling blue verification badges for user profiles as soon as next week, part of a plan by new owner Elon Musk to fight fake accounts and squeeze revenue from the company he bought for $44 billion.

Elon Musk is said to be planning on eliminating around half of Twitter's workforce, as part of efforts by the company's new owner to drive down costs. After completing the takeover deal last week, Musk is aiming to inform around 3,700 affected staffers on Friday, and intends to reverse the company's existing work-from-anywhere policy for the employ...

Elon Musk is expected to appoint new product leadership inside Twitter, and met over the weekend with close friends and advisors on how best to change the service he just bought for $44 billion.

Twitter Inc., confronting reports that Elon Musk aims to gut its workforce as part of his takeover, told staff that there haven't been plans for companywide layoffs since it signed a deal to be acquired by the billionaire.

While Mark Zuckerberg invented Facebook, it was Javier Olivan who helped expand the service-with all of its societal benefits and ills-to unprecedented size and power.

A former Twitter chairman has sued Elon Musk's X platform for $20 million in shares, after the billionaire allegedly refused to pay the ex-executive's compensation. Earlier this year, former Twitter executives previously sued Elon Musk for allegedly withholding more than $128 million in severance payments after they were ousted.

X, the social network owned by Elon Musk, will start summarizing news events inside the app by using xAI’s chatbot, Grok. The AI-generated summaries will rely on user tweets — not third-party news articles — and will only be available to premium subscribers, the company announced on Friday.

Meta is said to have asked many of its managers and directors to transition to individual contributor jobs or leave the Facebook parent firm. The company reduced its workforce by 13 percent last November, during its first major layoffs.

Elon Musk's "Twitter Files" leaks have provided outside writers unprecedented access to Twitter information, raising concern about external access to Twitter data and user accounts. Twitter's new CEO handed a collection of internal documents and emails from former Twitter employees over to external writers, who are now publishing those documents on...

Elon Musk laid off more Twitter Inc. workers from the sales side of the social network's business beginning late on Sunday, further trimming a staff that had already been decimated by cuts and resignations.

So many employees decided to take severance that it created a cloud of confusion over which people should still have access to company property. Twitter closed its offices until Monday, according to a memo viewed by Bloomberg.

Elon Musk sent an email to Twitter Inc. employees requiring them to pledge to stay with the company, working long hours at "high intensity" during its transformation, or to accept a buyout.

Facebook parent Meta Platforms Inc. is planning to begin widespread job cuts on Wednesday, according to people familiar with the matter, part of a plan to reduce costs at the social-media giant following disappointing earnings and a drop in revenue.

Twitter Inc. is heading into its second full workweek under Elon Musk with half its workforce, mounting losses and a couple of unexpected reversals to its plans.

Elon Musk is said to aim to start charging users for blue verification badges on their profiles by next week, as the company's new owner attempts to reduce fake or spam accounts and raise revenue to run the microblogging service. Twitter users who already have a blue verification badge will have a multi-month grace period before they will either ne...

Twitter Inc. aims to start selling blue verification badges for user profiles as soon as next week, part of a plan by new owner Elon Musk to fight fake accounts and squeeze revenue from the company he bought for $44 billion.

Elon Musk is said to be planning on eliminating around half of Twitter's workforce, as part of efforts by the company's new owner to drive down costs. After completing the takeover deal last week, Musk is aiming to inform around 3,700 affected staffers on Friday, and intends to reverse the company's existing work-from-anywhere policy for the employ...

Elon Musk is expected to appoint new product leadership inside Twitter, and met over the weekend with close friends and advisors on how best to change the service he just bought for $44 billion.

Twitter Inc., confronting reports that Elon Musk aims to gut its workforce as part of his takeover, told staff that there haven't been plans for companywide layoffs since it signed a deal to be acquired by the billionaire.

While Mark Zuckerberg invented Facebook, it was Javier Olivan who helped expand the service-with all of its societal benefits and ills-to unprecedented size and power.