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(Elon Musk News Live Updates): Elon Musk, the world’s richest person recently took over Twitter after facing and responding to many different allegations in the $44 billion deal. However, Musk is on a firing spree now. He has reportedly lay-off around 50% of the Twitter staff.
Meanwhile, Musk took to the social media platform to address this lay-off issue. He cleared the air off the recent massive firing of Twitter staff.
Elon Musk News Live Updates
I own the responsibility: Twitter Founder Jack Dorsey Breaks Silence On Mass Layoffs
On Saturday, Twitter founder Jack Dorsey spoke out about the changes Elon Musk, the new CEO of the micro-blogging site, had brought to the company. On an emotional note, Jack said: “I grew the company size too quickly. I apologize for that.”
Dogecoin Outpaces Bitcoin and Ethereum Amid Musk’s Twitter Takeover
Amidst all the backlash for Elon Musk’s decision to layoff Twitter employees, Musk’s favorite coin, Dogecoin is still responding positively to the news. It has mooned over 96% over the last couple of days & right now trading at 12 cents.
Fired Twitter Employees Tweet Their 'Final Goodbyes'
After Elon Musk confirmed the layoffs were to save operating costs, many fired employees have started to tweet about their journey at Twitter & their emotional state.
Dogecoin Live: DOGE Wallet News Update
Following Elon Musk takeover of Twitter, a dormant Dogecoin (DOGE) wallet was found to have activated with a huge asset transfer to multiple addresses.
Whales Add 46 Mln Dogecoin; DOGE Price Up by 7%
Whale Alert reported that 46 million Dogecoin has been added by the crypto whales in a single transaction. Data suggests that almost $6 million worth of DOGE has been moved from Binance, crypto exchange to unknown wallet.
Elon Musk - Trash me all day, but it’ll cost $8
Elon Musk sticks to make the Twitter Blue subscription at $8 despite continues criticisms and attacks.
Twitter committed to content moderation, Says Elon
Elon Musk stated that Again, to be crystal clear, Twitter’s strong commitment to content moderation remains absolutely unchanged.
In fact, we have actually seen hateful speech at times this week decline *below* our prior norms, contrary to what you may read in the press.
Vitalik Buterin Updates Ethereum Roadmap
Ethereum co-founder Vitalik Buterin shared updated Ethereum roadmap. The big changes include new phase called “The Scourge” to mitigate centralization and censorship risks. Focus on quantum proofs, simplifying blocks verification using SNARKs, and new milestones in each categories.
Twitter registering a huge drop in revenue
Elon Musk stated that Twitter has registered a huge drop in revenue. He highlighted that it is due to activist groups pressuring advertisers, even though nothing has changed with content moderation. However, he mentioned that the team had done everything they could to appease the activists.
