Top news of the week: 22.01.2023.
FTX Secretly Channeled A $50 Million Loan To Its Bahamian Bank Through An Executive’s Company
The loan was among several deals struck with Jean Chalopin, the head of Deltec and Moonstone banks — and co-creator of Inspector Gadget — who forged a lucrative relationship with FTX.
Extremely Hardcore
Twitter’s staff spent years trying to protect the platform against impulsive, ranting billionaires — then one made himself the CEO.
Elon Musk and the Sad Mod Theory of Social-Media CEOs
You may technically run the place, but most of your users just see you as a glorified moderator.
Elon Musk vs. Twitter: Cracks in the Empire
As Musk has thrown himself into running Twitter, the challenges facing his companies have mounted.
Twitter is down to fewer than 550 full-time engineers
Before Musk led a $44 billion leveraged buyout of Twitter last year, Twitter's headcount stood at about 7,500 employees.
Twitter Manager: Daily Revenue Has Dropped 40%, 500 Top Advertisers Have Left
A senior Twitter manager told employees that the company’s daily revenue on Tuesday was 40% lower than the same day a year ago, underscoring the crisis facing its core ads business, ...
Top Twitter influencers say platform is getting worse under Musk
Twitter power users say they’ve noticed technical glitches, increased harassment and radio silence from the company.
Former Twitter global comms lead Lindsay McCallum lands at VC firm Headline
Former Twitter global comms lead Lindsay McCallum lands at VC firm Headline. From PR Week