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Elon Musk Puts Twitter Deal on Hold, Causes 20% Plummet in Stock Price

9 days ago   |   By Hypebeast

Elon Musk has now put his $44 billion USD deal to acquire Twitter on hold. The Tesla , SpaceX , and Boring Company CEO took to his favorite social media platform to reveal that he has now put the deal on hold pending verification of some figures relating to fake accounts on Twitter. In particular, he says he's looking into whether the number of fake accounts on the platform actually does represent less than 5% of the entire user base. Interestingly, the 5% statistic was provided to him almost two weeks ago, and Musk hadn't flagged it as an issue up until now. The filing at the time also...
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Twitter Lays Off Top Staff Amid Company Shakeup to Reduce Costs

Twitter Lays Off Top Staff Amid Company Shakeup to Reduce Costs

9 days ago   |   By Hypebeast

Things don't seem to be calming down over at Twitter despite coming to a $44 billion USD deal with tech mogul Elon Musk. The social media platform has now laid off two of its top staff members in what appears to be a company shakeup. According to reports , Twitter's general manager of consumer products Kayvon Beykpour and general manager of revenue Bruce Falck have both been fired by CEO Parag Agrawal. The former was on paternity leave at the time of the decision, and took to the platform to announce his departure, explaining that "Parag asked me to leave after letting me know that he...
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Balenciaga

Balenciaga

Balenciaga Resort 2023 Show New York Read more ...

Russh

Russh

RUSSH 100 Cover Read more ...

Johnny Depp Does Famous Jack Sparrow Voice For Fans Outside Of Trial In...

Johnny Depp Does Famous Jack Sparrow Voice For Fans Outside Of Trial In Viral Video

"The Pirates of the Caribbean" actor offered fans a performance while he left the ongoing trial against ex-wife Amber Heard. Read more ...

Aaron Paul Runs Back to Salute Fans Missed During Meet & Greet Event

Aaron Paul isn't nearly as crochety as his famous onscreen characters often are - in fact, he's a super nice dude... just ask these people, whom he literally ran back to meet... Read more ...

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Louis Vuitton

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British Vogue

British Vogue

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Chappelle Attacker Says He Rushed Stage Over Offensive LGBT Jokes

The man accused of tackling Dave Chappelle - and who seems to be copping to it - says he did what he did because he was "triggered" by DC's LGBT jokes... among other things... Read more ...

From Kim to Khloe, See Photos of all the Kardashian-Jenners' Wedding Dresses...

From Kim to Khloe, See Photos of all the Kardashian-Jenners' Wedding Dresses Over the Years

Down the aisle! The Kardashian-Jenners have worn some stylish wedding dresses in the past. While their ceremonies were lavish, of course, the famous women focused on the... Read more ...

Beyoncé and adidas Launch New IVY PARK “Super Sleek” Sneaker

Beyoncé and adidas Launch New IVY PARK “Super Sleek” Sneaker

Just in time for Summer, adidas and IVY PARK Ceo, Beyoncé Knowles , have announced the arrival of their newest collaboration item - the “Super Sleek” Sneaker. With a modern... Read more ...

Creator of ‘Star Wars' Death Star, X-Wing dies at 90

Creator of ‘Star Wars' Death Star, X-Wing dies at 90

Colin Cantwell, the man who designed the spacecraft in the “Star Wars” films, has died. He was 90. Read more ...