"Twitter is also enacting widespread layoffs across its workforce today, on Nov. 4, 2022, it stated, adding that California's Employment Development Department had not received a notice related to the event," they said.
The paid video feature would mark a significant shift for the platform known as a place to publicly share short thoughts, memes and links. Twitter recently branched into live audio with a feature called Spaces and started experimenting with premium features, such as a "tip jar" for content creators and a "Super Follow" option that lets popular tweeters charge a subscription fee for bonus content.
Tesla CEO Elon Musk has finally taken over as Twitter boss and his first job was to reportedly fire Indian-origin CEO Parag Agrawal, Chief Financial Officer Ned Segal, the company's policy chief Vijaya Gadde and others. According to a CNBC report citing sources on Friday, Agrawal and Segal have left the company's San Francisco headquarters and will not be returning.
On the microblogging site Twitter, Musk wrote, "Starlink is now active on all continents, including Antarctica". He also said "another batch with lasers reaches orbit" after the deployment of 54 Starlink satellites was confirmed by the company.
Edit Tweet is currently being tested by Twiiter team internally, amid the ongoing legal battle with Tesla CEO Elon Musk over the cancellation of the $44 billion takeover deal. Edit Tweet lets people make changes to their Tweet after it's been published.
The Vancouver-based social media business did not say what triggered the job cuts, but tech companies as large as Shopify, Netflix and Clearco have conducted similar layoffs in recent weeks as investor interest in tech stocks has faded.
