What’s going on at Twitter?
here’s turmoil, mass lay-offs, and an apparently chaotic and capricious new owner who has angered advertisers and unnerved users. Elon Musk acquired Twitter for $44bn (taking on $13bn of new debt) in late October. He had spent months trying to get out of the deal, before changing his mind and pressing ahead. In doing so, he ended the intensifying legal battle over his cold feet – but handed himself the thankless task of running a loss-making and stagnant social-media business. Musk kicked off by immediately firing the CEO, CFO , and head
