SoftBank’s Arm Is Said to Line Up 28 Banks for Biggest 2023 IPO
Arm Ltd. has filled out the roster of underwriters for its initial public offering, with 28 banks in
2023-08-18 07:58
US GDP revised down in every first quarter from 2020 to 2022
By Lucia Mutikani WASHINGTON U.S. economic activity was either even weaker or not as strong as previously estimated
2023-09-28 20:58
Western Digital, Japan's Kioxia call off merger talks -source
By Yoshifumi Takemoto TOKYO (Reuters) -Western Digital and Japan's Kioxia Holdings have called off merger talks after failing to agree
2023-10-27 07:46
Former Elon Musk colleague reveals Twitter boss ‘seems quite lonely’
It’s lonely at the top – just ask Elon Musk’s former colleagues. The Twitter owner tells the same jokes and anecdotes “over and over” and “seems quite alone,” according to a former senior executive at the company. Esther Crawford, who went viral last year after being pictured sleeping on the floor of Twitter’s office while trying to meet a tough deadline set by Musk, shared her thoughts in a post on the platform which was recently renamed X. Sign up to our free Indy100 weekly newsletter Crawford joined Twitter when it bought her startup in 2020, well before the billionaire took over the social media platform in a $44bn deal last year. The former head of product development, who was sacked in February as part of a round of 200 layoffs, said: “Elon is oddly charming and he's genuinely funny. He also has personality quirks like telling the same stories and jokes over and over. “The challenge is his personality and demeanour can turn on a dime going from excited to angry. “Since it was hard to read what mood he might be in and what his reaction would be to any given thing, people quickly became afraid of being called into meetings or having to share negative news with him.” She said Twitter employees feared being called into meetings with him or having to deliver bad news. “At times it felt like the inner circle was too zealous and fanatical in their unwavering support of everything he said.” “Product and business decisions were nearly always the result of him following his gut instinct, and he didn't seem compelled to seek out or rely on a lot of data or expertise to inform it. “I saw a person who seemed quite alone because his time and energy was so purely devoted to work.” Meanwhile, Musk appeared to put more faith in random feedback and Twitter polls than in his employees who were working to troubleshoot problems. She said: “His boldness, passion and storytelling is inspiring, but his lack of process and empathy is painful.” However, she didn’t pull any punches about the previous management either, calling it “bloated” and “soft and entitled” where “teams could spend months building a feature and then some last-minute kerfuffle meant it'd get killed for being too risky.” Musk recently killed off the iconic bluebird Twitter logo, replacing it with a white X. He has said he wants to create a super-app inspired by China’s WeChat which would offer messaging and payments as well as social media. That vision may be difficult to make a reality, after the collapse of the platform’s advertising business as marketers soured on Musk’s decision to fire thousands of employees and dial down its content moderation efforts. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-28 17:27
Sanofi Spinoff EuroAPI’s Shares Plunge on Sales Surprise
EuroAPI, the pharma-ingredients firm spun off by Sanofi last year, plunged as much as 61% after cutting its
2023-10-10 17:28
Code Security Startup Pixee Emerges From Stealth to Automate Code Hardening and Vulnerability Remediation for Developer Teams
SAN FRANCISCO--(BUSINESS WIRE)--Aug 22, 2023--
2023-08-22 23:17
Millennial Leader Takes Over Broke and Crime-Wracked Ecuador
Distressed debt, political assassinations, anti-mining unrest and soaring crime: Ecuador’s problems would be daunting for an experienced statesman.
2023-11-23 23:24
Brandi Ascione Joins Underscore Marketing as EVP, Managing Director
NEW YORK--(BUSINESS WIRE)--Jul 18, 2023--
2023-07-18 22:19
Broadcom to lay off 1,300 VMware employees following takeover
Chipmaker Broadcom will lay off about 1,300 VMware employees in California following its acquisition of the cloud-computing firm,
2023-12-01 07:46
US dollar share of global FX reserves stays flat in Q2 -IMF
By Gertrude Chavez-Dreyfuss NEW YORK The U.S. dollar's share of global currency reserves reported to the International Monetary
2023-09-29 23:50
Singapore Fines DBS, Citi for Breaches in Wirecard Scandal
Singapore’s financial regulator imposed penalties amounting to a total of S$3.8 million ($2.8 million) on four financial institutions
2023-06-22 08:58
Temu Accuses Fast Fashion Leader Shein of Bullying Suppliers
Chinese-owned online retailer Temu sued rival Shein in the US, alleging it violated antitrust laws by using threats
2023-07-18 10:18
You Might Like...
Orsted CEO Ousts Top Executives After $4 Billion Impairment
T. Rowe beats profit estimates on higher fee-based income
BOE a Step Closer to Launching Digital Pound After Project Rosalind Study
IFRC Launches Groundbreaking Financial Mechanism to Transform Disaster Response
The Best Affordable Art Prints For An Instant Home Upgrade
Colombia's Grupo Argos to 'seriously' consider finding a strategic partner
Distressed Debt Anxiety Is Spreading Across Emerging Markets
Debt-Limit Talks Stall as Time Runs Short to Avert US Default
