Elon Musk, the mercurial entrepreneur, didn’t waste any time in introducing sweeping changes both to the company and product. First up, there were the swingeing cuts in staffing at offices around the globe. Twitter, which Musk said was losing $4 million a day, has reduced headcount by around 80 per cent since last October. Significant changes to the platform followed quickly. Blue ticks were removed for celebrities and politicians and became part of the Twitter Blue paid subscription which is now called X Premium. There were also limits introduced to the number of posts that a user can see each…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.