Illustration by Alex Castro / The Verge Twitter eliminated a large number of contract employees on Saturday, affecting anywhere from 4,400 to 5,500 workers, according to Platformer’s Casey
Since Elon Musk acquired Twitter, the social media business has implemented mass layoffs and now steep cuts to its contract workforce. READ FULL ARTICLE
Illustration by Lille Allen / The Verge Senator Ed Markey (D-MA) told Elon Musk, “Fix your companies. Or Congress will,” after Musk snarkily replied to the senator’s concerns
Sen. Ed Markey chastised Twitter’s owner Elon Musk Sunday for his response to Markey’s request for answers about the platform’s new verification and impersonation policies. READ FULL ARTICLE
New FTX CEO says the bankrupt exchange is “in the process of removing trading and withdrawal functionality” and moving digital assets to cold storage. READ FULL ARTICLE
Image: Google Google says it’s rolling out a software update for the new Nest Wifi Pro early next week to address the slow internet speeds experienced by some
Sam Bankman-Fried told Reuters he is still in the Bahamas, as rumors swirled overnight that the ex-CEO of the now-bankrupt FTX had run off to South America. READ