Elon Musk says Twitter is no longer 'in the fast lane to bankruptcy' – but still isn't 'secure'
that Musk had raised the prospect of bankruptcy in his first meeting with Twitter employees after one worker asked him what would happen if his plans to increase revenue failed.
Bankruptcy is usually a last resort for troubled companies, but it could be beneficial to Twitter after Musk loaded it with debt of more than $10 billion to fund his $44 billion buyout. Sign up for notifications from Insider! Stay up to date with what you want to know.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk Invokes Twitter Succession Without Giving Clarity on SuccessorThe billionaire owner of the social-media platform has assembled a team to keep the platform running while questions on the top job go unanswered.
Read more »
Top Elon Musk assistant slept in Twitter HQ with wife, newborn baby days after birth: reportA great deal of office space at Twitter headquarters was converted into makeshift hotel rooms.
Read more »
Elon Musk ordered removal of Twitter suicide prevention feature: reportInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Elon Musk denies shutting down Twitter suicide prevention featureElon Musk officially denied a report that Twitter under his management had shut down a feature intended to prevent suicide by users of the platform.
Read more »
Elon Musk orders removal of Twitter suicide prevention feature, sources sayThe removal of the feature, known as ThereIsHelp, has not been previously reported. It had shown at the top of specific searches contacts for support organizations in many countries related to men…
Read more »
Elon Musk may have his replacement on Twitter, a former SpaceX Engineer Steve DavisSteve Davis has the spirit of the entrepreneur may be leading up to Davis taking over Twitter from the present CEO, Elon Musk.
Read more »