‘Chief Twit’ Elon Musk’s electric vehicle company, Tesla, has copped its third vehicle recall in Australia in less than a month from safety regulators, with the latest software glitch involving around 15,900 Model 3 and Model Y cars imported this year. “Due to a software error, the tail lamps on one or both sides may… Read more »
As a case study in how to implement organisational change, Elon Musk’s actions at Twitter will go down as the gold standard in what not to do. Among other things, the evidence shows successful organisational change requires: a clear, compelling vision that is communicated effectively; employee participation; and fairness in the way change is implemented.… Read more »
Following Elon Musk’s acquisition of Twitter on October 27, the world’s richest man proposed a range of controversial changes to the platform. With mounting evidence that he is making it up as he goes along, these proposals are tweeted out in a stream-of-consciousness manner from Musk’s Twitter account. Primarily to raise revenue, one of the… Read more »
Twitter Australia’s entire news curation team is among the thousands of staff who lost their jobs after billionaire Elon Musk sacked half the workforce a week after his US$44 billion private takeover. The local Twitter team is less than 50 people, but around 20% of them worked in the news curation team. The job losses… Read more »
Twitter feels like I could wake up any morning now and find the whole site burned to ground, with Elon Mush standing in the smoking rubble, in a pair of yellowed Y-fronts, dribbling bathtub gin through broken teeth, laughing at me. — John Birmingham (@JohnBirmingham) October 31, 2022 It doesn’t seem that many people are… Read more »
Elon Musk has finally completed his US$44 billion deal to acquire Twitter and take it private. The world’s richest man has already begun putting his imprint on the social network by firing four of its top executives. While most people are likely familiar with the idea of taking a private company public – the process… Read more »
The battle of the billionaires has become the stuff of headlines. The world’s richest man, Elon Musk, has gone head-to-head with Australia’s richest man, billionaire Andrew “Twiggy” Forrest. Musk, founding investor in battery-powered car giant Tesla, has famously mocked hydrogen fuel-cell vehicles as “mind-bogglingly stupid”. Forrest has just placed a very large bet on green… Read more »
• Elon Musk spies a burrito cart -> Elon Musk wants a burrito. • He doesn’t want to pay for it. • Suggests via tweet that the burrito cart guy, sixty-eight-year-old Miguel Chumacero, should just let him have the burrito. Specifically, the ‘Giga-Chad’ Trinidad Scorpion Chilli Breakfast Burrito. • Burrito cart guy unimpressed with early… Read more »
Twitter pugilist Elon Musk has a new war to fight on the micro-blogging site he’s buying. After ordering his executives back into the office for a “minimum” of 40 hours a week via email, Musk followed up with an all staff email saying “If you don’t show up, we’ll assume you’ve resigned”. Taking a dig… Read more »
Tesla CEO Elon Musk has ordered his company’s executives back to the office for at least 40 hours a week or they should leave the business. In a leaked email titled “Remote work is no longer acceptble” [sic], Musk began: “Anyone who wishes to do remote work must be in the office for a minimum… Read more »
Imagine there is a public speaking square in your city, much like the ancient Greek agora. Here you can freely share your ideas without censorship. But there’s one key difference. Someone decides, for their own economic benefit, who gets to listen to what speech or which speaker. And this isn’t disclosed when you enter, either.… Read more »
The human brain is said to be the most complex biological structure ever to have existed. And while science doesn’t fully understand the brain yet, researchers in the expanding field of neuroscience have been making progress. Neuroscientists have made substantial inroads towards mapping the complex functions of the brain’s 85 billion or so neurons and… Read more »
In a surprise capitulation, the board of Twitter has announced it will support a takeover bid by Elon Musk, the world’s richest person. But is it in the public interest? Musk is offering US$54.20 a share. This values the company at US$44 billion (or A$61 billion) – making it one of the largest leveraged buyouts… Read more »
Elon Musk’s US$44 billion offer to buy Twitter and turn the social media platform into a private company is almost a done deal. But not quite. While Twitter’s board has endorsed his offer, Musk now needs the nod from a majority of Twitter’s shareholders and US corporate regulators. Before we get on to the details… Read more »
Elon Musk has bought influential social media company Twitter for $61.5 billion (US$44 billion) after a month-long siege that saw Twitter on the brink of diluting its shares to keep Musk away. Current Twitter shareholders will be paid $75.80 (US$54.20) per share in an agreement that Musk has framed as a win for free speech.… Read more »
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