Chaos has reigned at Twitter in the weeks since Elon Musk took ownership of the social media company.
The mercurial billionaire, who previously tried to renege on the USS$44 billion deal he had to take out a massive loan to complete, has sacked Twitter’s entire board of directors and launched a cull of up to half of its 7500 employees.
Twitter, says Musk, is losing USS4 million a day. That’s clearly unsustainable. He had to do something to stem the losses, including a plan to make verified users who have the little tick logo next to their name pay USS8 13.10) a month for the privilege. His disruptive and erratic management style will either rescue the company or drive it into the ground. Unfortunately, I’m picking the latter.
This story is from the November 25- December 2 2022 edition of New Zealand Listener.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 25- December 2 2022 edition of New Zealand Listener.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
The rest is history
Rest - both sleep and non-sleep - is essential to help our overstressed bodies and minds repair themselves. But many of us remain in a constant state of 'fight, flight or freeze'.
Right and power
Israel is profiting financially and extending its global technological influence in response to the October 7 massacre, says investigative journalist Antony Loewenstein.
Dolphins be damned
Is SailGP's future in this country really under threat because of an at-risk marine mammal?
Orwellian irony
Our thinking about one of the 20th century's best-known writers is being challenged by the 'smelly little truths' Anna Funder uncovered about George Orwell's marriage.
The alchemist
Talent and a little magic have taken state-house kid Moses Mackay to the heights of Italian opera. He's coming back to sprinkle some of his gold dust around.
Good Lord, he was scandalous
Lord Byron still fascinates 200 years after his death, but more for his bohemian lifestyle than his poetry.
Stars in their eyes
Debut novel a heady mix of grief, astronomy and love.
Dark matter
Ngaio Marsh-style whodunnit set among academia attached to the Mt John Observatory.
Mirren's mirror on Meir
Dame Helen talks about playing Golda Meir, Israel's iron lady, during a pivotal chapter in the controversial politician's long career.
Game, set and match
Love, sex and great tennis take centre court in this highly charged drama.
