Chain News by Thebittimes.Com

Amidst recent reports about a revenue drop, the new CEO has wasted no time in making changes. Following rumors, it has just been reported that Elon Musk has officially fired 50% of Twitter Staff. Following the $44 million acquisition of one of the biggest social media platforms in the world, a new direction was assumed. Subsequently, the platform has seen a plethora of changes amidst its newfound evolution. Yet, with news hinting at a decline in revenue, Musk’s official response to his inherited staff is now public. BREAKING: Elon Musk fires 50% of Twitter staff. — Watcher.Guru (@WatcherGuru) November 4, 2022 Drop in Revenue Cited by Musk as the Reason for Mass Layoffs As reported by the Wall Street Journal, Elon Musk has cited a significant cutback in advertisers as the inciting incident to a drop in earnings. Conversely, layoffs quickly followed just over a week into the CEO’s tenure. In a Tweet sent by Musk, context to his implemented firings was giv...

Join Our Telegram channel to stay up to date on breaking news coverage Elon Musk, the world’s richest man and Dogecoin ally, has launched a fragrance called “Burnt Hair” and shared its first appearance.   On October 12, 2022, Elon took to Twitter to announce the launch of his new scent with his ‘Boring company’ and regarded Burnt Hair as the finest fragrance on the earth. The main highlight of his entire perfume launch was the fact that people could make a purchase with Dogecoin.   Moving further, Musk added more tweets – “an omnigender product” and “doesn’t get more lit than this” – to further promote the scent.   The perfume has a price tag of $100, which comes out to around 1,655 DOGE at its current price. Moreover, in a follow-up update tweet, Elon said that 10,000 pieces of Burnt Hair have already been sold, which comes down to around $1 million in the sale just hours after its launch....