Amid the massive layoff in Twitter under the leadership of the new owner, Elon Musk, former CEO and Co-Founder, Jack Dorsey has taken responsibility for the drastic cut in the company’s workforce which affected about 3,700 staff. Jack noted in a tweet stating he grew the company too quickly.
It would be recalled that the world’s richest man, Elon Musk acquired the social media platform in a deal worth $44 billion. The deal which was completed in late October 2022 however came with a series of dramas.
While Musk stated that Twitter is losing $4 million daily due to a large workforce, he said he would cut down the company’s costs by laying off less significant staff.
In a series of tweets after some of the affected staff had slammed the company for sacking them with little notice, Jack stated he realised many are angry with him and he “owns the responsibility for why everyone is in this situation. I grew the company size too quickly. I apologize for that”.
The former CEO who is now on the verge of launching another social media platform named ‘Bluesky’ went further to acknowledge the tenacity and ability of the affected staff to bounce back quickly.
“Folks at Twitter past and present are strong and resilient. They will always find a way no matter how difficult the moment,” he noted.
Meanwhile, Elon Musk who is also the CEO of Tesla has effected the changes in Twitter’s monthly subscription for verified accounts. The new pricing and all the features attached to it were released on Saturday. The company however later confirmed it is still working and testing it in real-time.
Investors King understands that the monthly subscription for a verified account was originally $4.99. In a bid to increase revenue, Elon Musk raised the subscription to $8.
According to a report published by Bloomberg, about 300,000 Twitter accounts are verified with the company’s blue checkmark.
Elon Musk Envisions X as the Future of Your Financial Life
WhatsApp Introduces Dual Account Feature, Enabling Users to Sign Into Two Accounts
WhatsApp has introduced a groundbreaking innovation that promises to redefine the user experience.
This new feature allows individuals to simultaneously manage two WhatsApp accounts on a single device, eliminating the need for dual phones.
The eagerly anticipated announcement was made by Mark Zuckerberg, Facebook’s CEO, who assured Android users that this feature will soon grace their screens.
Gone are the days of juggling multiple WhatsApp accounts, a task that often required carrying two separate devices. While tech giants like Xiaomi and Oppo had previously introduced app cloning features for multiple WhatsApp instances, WhatsApp’s integrated approach sets a new standard for seamlessness.
This innovation is poised to be a game-changer for users who navigate both personal and professional realms on this ubiquitous messaging platform.
Cumbersome login-and-logout routines and the perpetual concern of messaging from the wrong account will soon be a thing of the past, replaced by a newfound ease of multitasking.
Activating this feature is a straightforward process. Users need only navigate to the ‘Settings’ menu and select ‘Add Account.’ During setup, a second phone with a SIM card or a device supporting eSIM technology is required to unlock the full potential of multi-SIM functionality.
WhatsApp ensures that each account can have its own customized notification and privacy settings, preserving data integrity and personalization.
In addition to the dual account feature, WhatsApp recently introduced passkey support for Android, enhancing security by providing an alternative to SMS-based two-factor authentication.
This latest advancement underscores WhatsApp’s dedication to user convenience, connectivity, and digital identity security, setting the stage for a more organized and efficient way of communication.
X Takes on Bots: New Zealand and Philippines Users Pay $1 Subscription
Billionaire Watch4 weeks ago
MacKenzie Scott Sells Off $10.4 Billion Worth of Amazon Shares
Naira4 weeks ago
Dollar to Naira Black Market Exchange Rate January 26th, 2024
Fintech4 weeks ago
Opay’s Deadline Looms: Users Urged to Update BVN and NIN to Avoid Transaction Restrictions
Forex4 weeks ago
Dollar to Naira Black Market Exchange Rate January 25th, 2024
Company News3 weeks ago
UAC Posts N12.7 Billion Profit Before Tax in 2023
Forex3 weeks ago
Dollar to Naira Black Market Exchange Rate February 1st, 2024
Forex3 weeks ago
Dollar to Naira Black Market Exchange Rate February 2nd, 2024
Banking Sector3 weeks ago
CBN Accuses Banks of Hoarding $5 Billion in Foreign Currencies