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Elon Musk To Attend First Company-Wide Twitter Meeting

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As the Twitter and Elon Musk deal sits in limbo, the Tesla CEO will attend a virtual all-hands meeting with employees this week. . This marks the first time Musk will directly address Twitter staff after he committed to purchasing the platform for $44 billion. The tension buildup to this meeting has been through the roof.

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Can The World’s Richest Person Actually Afford Twitter?

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The most recent of these acquisitions has been Elon Musk’s purchase of Twitter for $44 billion, but how he does so is still up for debate. . This headline-grabbing move could bring the social media company private and subsequently change how the platform operates as a whole. . billion. . appeared first on Allwork.Space.

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Twitter Accused Of Legal Violations During Mass Layoffs, Again

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What’s going on: In a move to reduce costs, Elon Musk’s purchase of the social media platform Twitter resulted in the laying off of nearly 3,700 staff members (nearly half of the company’s employees) back in early November. Subsequently, hundreds more chose to resign.

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Elon Musk Says “Twitter Deal Temporarily On Hold”

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Elon Musk has revealed that he is pausing his Twitter acquisition to further investigate the number of spam accounts on the platform. . Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted. .

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Elon Musk Files To Back Out Of Twitter Deal, Leading To A Legal Showdown

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Just days ago, Elon Musk made a move that likely did not come as a shock to anyone: he filed to back out of his Twitter acquisition deal. . While his attempt to cancel the deal is expected to rev up legal drama between the social media platform and the billionaire, Twitter employees are feeling defeated. . pic.twitter.com/JcLMee61wj.

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What Does Elon Musk’s Twitter Acquisition Mean For Its Future?

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What once seemed like fantasy is now reality: Twitter has accepted Elon Musk’s offer to purchase the social media platform for around $44 billion. . The deal is expected to be completed by this year, and speculation about how the company will change has already taken over the conversation. . appeared first on Allwork.Space.

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Dubai Ride-Sharing Company To Lay Off 32% Of Its Workforce

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Dubai-based ride-sharing company SWVL has revealed it will lay off nearly one-third of its workforce in order to achieve profitability. According to the firm’s LinkedIn profile, the company currently has over 1,330 employees, which means around 400 will be let go. In the U.S.,