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A bruising year for technology has left investors and workers gasping for breath and wondering when the layoffs will end and IPOs will come back.
Carl Icahn (Trades, Portfolio), manager of Icahn Capital Management, disclosed in a regulatory filing his top trades during the third quarter included new holdings of Twitter Inc. ( TWTR , Financial)
Tech layoffs are more a matter of perception than a matter for broader concern yet, a Morgan Stanley note read, with the larger workforce still understaffed.
Elon Musk's idea for a subscription model to pay for Twitter's sought-after blue check is "completely flawed," Europe's competition chief told CNBC Wednesday.
Earlier this week, Twitter launched a $7.99 subscription service called Twitter Blue. On Friday the option to sign up disappeared from Twitter's iOS app.
He made the remarks during an all-hands meeting that he hosted in part to motivate Twitter employees who remain after sweeping layoffs to work hard.
Musk has important international business ties through Twitter, SpaceX, and Tesla.

Meta adds to a brutal year of layoffs in tech

03:28pm, Wednesday, 09'th Nov 2022
Tech companies have been slashing jobs in 2022. Here's a roundup of the biggest layoffs so far this year.
Twitter will “do lots of dumb things” as it tries to capture revenue, Musk said.
On Wednesday, new Twitter CEO Elon Musk abruptly ended a new project on his social media platform.
Election misinformation is spreading across social media platforms like Twitter and Meta Platform's Facebook, as the vote count for the U.S. midterm elections continued on Wednesday in key battlegroun
Elon Musk will host a town hall with Twitter's advertisers on Wednesday at 10 a.m. Pacific (1800 GMT), according to an email reviewed by Reuters, in an effort to assuage brands and advertising agencie
Last week, Musk admitted that Twitter has seen a “massive drop in revenue” due to lost ads.
Elon Musk has a lot of work to do to regain the trust of advertisers, but he seems more inclined to push them further away.
Elon Musk said in a tweet on Wednesday that he "killed" the new official label for Twitter accounts, on the same day that it began rolling out.
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