Sunday, January 29, 2023
Outlook India
Outlook Business

Elon Musk

In October 2022, Spotify laid off 38 employees from Gimlet Media and Parcast podcast studio

The news came into light six months after its maverick billionaire owner assured the staff that there would be no new layoffs

Elon Musk had taken $13 billion debt to acquire Twitter for $44 billion in October 2022. The first installment of this debt repayment is due by January-end

The layoffs came at a time when the company was considering slowing down its hiring process

While account passwords were not leaked, malicious hackers could use the email addresses to try to reset people's passwords or guess them if they are commonly used or reused with other accounts

Since the Tesla CEO's acrimonious takeover of Twitter in October 2022, the social media platform has been a subject of many controversies

Twitter has been subjected to a lot of criticism and controversies since the takeover

With the rollout, Twitter has replaced the blue tick mark of the Government of India's handle with a grey tick

Recently, Elon Musk-led Twitter took down KOO’s handle on its platform

Since the takeover by the business tycoon Elon Musk, Twitter has been subjected to a lot of controversies