After weeks of massive layoffs at Twitter, Elon Musk is turning the corner looking for new employees for positions in sales and technology.
In the meantime, civil rights groups are calling on advertisers to boycott Twitter because Musk recently decided to reinstate former President Trump on the social media platform.
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Musk hires new employees after mass layoffs
Elon Musk is reportedly done with the layoffs on Twitter and now wants to hire employees again after almost half of the company’s workforce was cut earlier this month.
According to information from The Verge, during a meeting on Monday, Musk told employees that the company is suspending layoffs and is actively hiring jobs specifically in the areas of sales and engineering. Staff were also encouraged to make recommendations for the roles.
“In terms of critical employees, I’d say people who are excellent at writing software are the top priority,” Musk said during the meeting, according to The Verge.
The meeting follows Musk’s ultimatum to Twitter employees last week that they commit to working “hardcore” hours or leave the company with a three-month severance package. Hundreds of employees chose to resign rather than commit to longer hours and more intensive work.
Since Musk’s acquisition of Twitter at the end of October, a number of executives have left the social media platform, including most recently Damien Viel, the French head of Twitter, who announced on Monday that he would resign from his position.
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Groups are dissatisfied with Musk’s Twitter verdict
Civil rights groups have stepped up their calls for an advertising boycott over Elon Musk’s decision to reinstate former President Trump on Twitter. They said Musk had broken promises to curb hate speech and misinformation on the platform.
“Any advertiser who still finances Twitter should immediately stop all advertising,” Derrick Johnson, president and CEO of the NAACP, tweeted over the weekend after Musk announced that Trump’s account would be reactivated.
Musk, who has made a number of controversial changes to the social media platform since taking over $44 billion, restored the former president’s account after a narrow majority of Twitter users supported the move in a survey shared by Musk.
Activists met with Musk earlier this month after it was reported that racist and anti-Semitic tweets on the website had increased sharply following the Musk takeover. The CEO of Twitter promised content moderation advice that should help make decisions about the site.
- However, the decision to resume Trump’s account was made without the conference of such a council, Bloomberg reported.
- “We made a commitment that he would not give anyone a platform until they had a transparent process. It’s pretty clear that conducting a Twitter survey isn’t a transparent process, especially because there’s no information about who took part in the survey,” Yael Eisenstat, vice president of the Anti-Defamation League, told Bloomberg.
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MUSK DELAYS TWITTER’S BLUE-CHECK RELAUNCH
Twitter CEO Elon Musk announced Monday evening that he would postpone the relaunch of his new blue check program on Twitter until the platform develops a strategy that “proceeds with high confidence to stop identity misuse.”
“Postpone the relaunch of Blue Verified until there is a high level of trust to stop identity abuse,” Musk wrote.
Musk’s $8 review plan, introduced earlier this month, was reviewed to determine how easily he could be misused to impersonate public figures.
Legitimate users could lose their verified check marks because they choose not to pay, allowing other accounts to misleadingly use their information under the guise of a blue check.
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HP WANTS TO CUT UP TO 6,000 EMPLOYEES BY 2025
Computer manufacturer HP Inc. announced plans on Tuesday to cut between 4,000 and 6,000 employees by the end of 2025. This makes him the latest tech company to announce mass layoffs as the sector struggles with fears of inflation and recession.
The company said in its annual reports for the fourth quarter that the staff cuts over the next three years will result in annual gross operating rate savings of around 1.4 billion US dollars and costs of around one billion dollars, with 600 million US dollars of the latter amount coming in fiscal year 2023.
Technology companies like HP have turned to layoffs amid rising inflation and growing fears of a global recession.
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SHAREHOLDERS POSTPONE MERGER WITH TRUTH SOCIAL
Shareholders of a company that wants to join forces with Trump Media and Technology Group (TMTG) voted on Tuesday to extend the deadline to merge with the parent company of former President Trump’s social media site Truth Social.
According to CNBC, Digital World Acquisition Corp. (DWAC) now has until September 2023 to complete the merger with TMTG.
Shares rose by around 2 percent as a result of news of the extension.
DWAC, a so-called blank check company created to merge with a technology company, was facing liquidation unless it received approval to extend the deadline.
TMTG needs the acquisition firm’s money to go public. The merger could result in funding of around 1 billion US dollars.
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A comment on chewing: To be effective in the technology sector, Congress needs a technology committee
Notable links from the Internet:
While Elon Musk cuts Twitter costs, some bills remain unpaid (The New York Times/Mike Isaac and Ryan Mac)
FTX was run as a “personal fief,” facing hacks, missing assets — lawyers (Reuters/Dietrich Knauth, Tom Hals, Tom Wilson)
The federal government has just taken another big blow against illegal robocalls (CNN/ Brian Fung)
One more thing: Orion captures lunar views
Six days after NASA’s Orion spacecraft launched to the moon, the rubber-shaped capsule reached its destination on Monday.
The spacecraft towered 81 miles above the lunar surface and crossed the historic Tranquility Base — the site of Apollo 11’s moon landing — and entered the history books.
Looking at the Earth and the Moon, the capsule completed its flyby and one of its two largest maneuvers on the mission, reaching a record-breaking milestone: It traveled more than 40,000 miles across the other side of the moon.
If the spacecraft reaches that distance, it will break an Apollo 13 crew record and reach the longest distance a human-rated spacecraft has ever traveled.
“We’re getting ready for orbit outside the moon,” Mike Sarafin, NASA’s Artemis 1 mission manager, said during a news conference on Monday. “Known as a distant retrograde orbit, today was our biggest propulsion event on the mission that prepared us for it.”
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That’s it for today, thanks for reading. Check out CNNBreakingNews’s technology and cybersecurity pages for the latest news and coverage. I’ll see you tomorrow.