Hedge fund billionaire Bill Ackman steps back in backing questionable cryptocurrency

NEW YORK, NY – JUNE 05: Bill Ackman attends the Pershing Square Foundation’s 10th Anniversary Celebration at the Park Avenue Armory on June 5, 2017 in New York City. (Photo by Sylvain Gaboury/Patrick McMullan via Getty Images) Paul Bruinooge/Patrick McMullan via Getty Images A week after Ackman posted a rambling Twitter thread praising troubled blockchain … Read more

On Tik Tok, formerly Twitter, Meta employees share experiences of being fired

Thousands of people have been fired from Twitter and Meta (File) Washington: Former employees of companies like Meta Platforms Inc. and Twitter Inc. are turning to TikTok for an unfiltered behind-the-scenes look at the mass layoffs affecting the tech industry. A video of someone claiming to be a former Twitter employee inviting viewers to “get … Read more

How Big Tech layoffs could affect some of the most expensive real estate markets

A series of layoffs at major US tech companies could put pressure on local housing markets amid a broader nationwide cooling. These layoffs, caused in part by a series of interest rate hikes by the Federal Reserve and declining revenues, could cause forced selling, damage buyer confidence and lead to lower payments, even from buyers … Read more

How Big Tech layoffs could affect some of the most expensive real estate markets

A series of layoffs at major US tech companies could put pressure on local housing markets amid a broader nationwide cooling. These layoffs, caused in part by a series of interest rate hikes by the Federal Reserve and declining revenues, could cause forced selling, damage buyer confidence and lead to lower payments, even from buyers … Read more

What were Elon Musk’s lenders thinking?

When Elon Musk sought funding for his bid to take over Twitter earlier this year, he had little trouble finding institutions willing to give him the money he needed. Morgan Stanley took the lead and organized a syndicate of banks, including Bank of America and Barclays, which pledged to lend Musk $13 billion. The whole … Read more

Tesla dangerously loses its shine

In minds and numbers, Tesla remains the star of the auto industry. The market capitalization of Elon Musk’s group exceeds 532 billion dollars at the last check. Toyota (TM extension) – Get a free reportGeneral Motors (GM) – Get a free reportFord (f) – Get a free report and Volkswagen (VWAGY) – Get a free … Read more

Marvel’s Avengers spokesperson loses his role due to offensive tweets

Image: crystalline dynamics It’s a story as old as Twitter itself: the person says stupid and hurtful things in the past, the person comes into the limelight, old tweets are dug up, the person apologizes, the internet holds court. The whole performance just took place once again, this time with the Crystal Dynamics spokesperson and … Read more

Apple executive Phil Schiller deactivates Twitter account

Sunday, November 20, 2022 at 8:55am PST by Sami Fathi Apple’s Phil Schiller, head of Apple events and the App Store, has deactivated his Twitter account following recent developments on the platform. Schiller often used his account to promote new Apple products, services, software and initiatives and interact with customers. How noticed on Twitter from … Read more

The “Copycat founders” imitating Elon Musk in firing employees: Ashneer Grover

The “copycats” imitating Musk in firing employees: Ashneer Musk has fired nearly half of Twitter’s employees, as well as laying off thousands of contract workers IANS, New Delhi, November 20, 2022, 08:27 am ist updated: November 20, 2022, 08:32 ist Former BharatPe founder Ashneer Grover joined Elon Musk-Twitter’s heated takeover drama, saying ‘copycat founders’ are … Read more