Elon Musk

Zuckerberg says Musk 'not serious' about cage fight

In a post on his social media site Threads, the Meta boss said he had offered Mr Musk "a real date" but the rival entrepreneur had made excuses.

Mr Musk had earlier on Sunday suggested on his own messaging site X, formerly known as Twitter, that he was willing to fight as early as Monday.

The billionaires agreed to the bout in June, sparking huge media attention.

But despite egging each other on for months, the rivals have yet to secure a date, raising doubts the fight will ever go ahead.

X marks the spot - Musk abolishes Twitter logo, name next

"X is here! Let's do this," tweeted Yaccarino, who also posted a picture of the logo projected on the company's offices in San Francisco.

Both Yaccarino's and Musk's Twitter handles feature the X logo, although the Twitter blue bird is still visible across the platform.

"#GoodbyeTwitter" was trending on the platform with reference to the old logo as several users criticised the new one.

Twitter loses nearly half advertising revenue since Elon Musk takeover

He said the company had not seen the increase in receipts that had been expected in June, but added that July was a "bit more promising."

Mr Musk sacked about half of Twitter's 7,500 staff when he took over in 2022 in a effort to cut costs.

Rival app Threads now has 150 million users, according to some estimates.

Its in-built connection to Instagram automatically gives the Meta-designed platform access to a potential two billion users.

Confusion at Twitter continues over Elon Musk's tweet limits

The billionaire announced the "temporary measure" to address extreme levels of data scraping on the site.

Initial limits were quickly increased by Mr Musk at the weekend.

While many users reported no longer seeing limits on Sunday, some said a "rate limit exceeded" notification had returned on Monday.

Mr Musk - who took over Twitter in October 2022 had said previously that he was not happy about artificial intelligence (AI) firms using Twitter's data to train their large language models.

Musk says Twitter is roughly breaking even, has 1500 employees

Musk, in an interview with BBC broadcast live on Twitter Spaces, said Twitter had about 1500 employees now, a sharp decline from "just under 8000 staff members" it had before he took it over in October.

Reuters reports Twitter has been marked by chaos and uncertainty since the US$44 billion ($71bn) acquisition by Musk, as its layoffs have also included many engineers responsible for fixing and preventing service outages, sources told Reuters.

Twitter boss announces blue tick shake-up

From 15 April only verified subscribers will have posts recommended to other users and be allowed to vote in polls.

Under the policy, posts from non-paying accounts will not be included in the "For you" stream of recommended tweets.

Last week, the firm said it would remove the verified status of some "legacy" accounts, which date from before Mr Musk bought the firm.

Users currently pay $7 (£5.70) a month for blue-tick verification, which also allows access to additional features.

Elon Musk's drop in fortunes breaks world record

From November 2021 to December 2022 he lost around $US165 billion ($NZ259b), Guinness World Records said in a blog on its website.

BBC reports the figures are based on data from publisher Forbes, but Guinness said other sources suggested Musk's losses could have been higher.

It follows a fall in value of shares in Musk's electric car firm Tesla after he bought Twitter last year.

His $US44b takeover of the social media company has sparked concerns among investors that Musk is no longer giving Tesla enough attention.

Musk cashes out another $3.6 b in Tesla stock

A US securities filing showed he unloaded 22m shares in the world's most valuable carmaker over three days from Monday to Wednesday.

The sale was the second big chunk of stock he cashed out since his $44b purchase of Twitter in October.

It was not clear if the sales were related to the Twitter acquisition, but they were annoying investors upset by a perception he was diverting his focus and resources to Twitter ahead of Tesla.

Twitter-Musk takeover dispute heading for October trial

Mr Musk walked away from his $44bn (£36bn) bid to buy Twitter earlier in July, prompting the company to sue him.

Twitter hopes that the court will order Mr Musk to complete the takeover at the agreed price of $54.20 per share.

The tech billionaire has accused Twitter of withholding information about fake accounts.

His legal team has called for the trial to be held early next year due to its complexities, but Twitter asked for a September date.

Elon Musk terminating Twitter deal

Twitter chairman Bret Taylor said on the micro-blogging platform that the board planned to pursue legal action to enforce the merger agreement.

"The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr Musk...," he wrote.

In a filing, Musk's lawyers said Twitter had failed or refused to respond to multiple requests for information on fake or spam accounts on the platform, which is fundamental to the company's business performance.