Kurt Wagner
Bloomberg
San Francisco, CA, United States
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Past articles by Kurt:
Instagram Founder Says the Time Has Come for a New Social Network
Kevin Systrom is betting that technological shifts and discontent with current offerings give his news app, Artifact, an opening. → Read More
Twitter Suspends Journalists Who Musk Says Imperiled His Safety
Twitter Inc. suspended the accounts of several prominent journalists covering the social network’s billionaire owner Elon Musk, who alleged they were endangering his family. → Read More
Elon Musk Steps Up Attacks on Twitter’s Former Safety Head
Elon Musk posted tweets including an excerpt of Yoel Roth’s doctoral dissertation Saturday that suggested the former Twitter executive is an advocate for child sexualization — a baseless trope that leaves Roth susceptible to online abuse. → Read More
Musk Hails Release of Twitter Emails on Hunter Biden Story
Elon Musk heralded the release of Twitter Inc. executive emails that explore some of the internal debate at the social network over a controversial decision in 2020 to restrict access to a New York Post article about a laptop purportedly owned by Hunter Biden. → Read More
Musk’s Lawyer Calms Twitter Staff Fearing Jail Risk for FTC Lapses
After losing thousands of employees and top compliance officials at Twitter Inc., Elon Musk’s deputies are racing to contain heightened concerns that staff will be held liable for security lapses. → Read More
Twitter Now Asks Some Fired Workers to Please Come Back
Twitter Inc., after laying off roughly half the company on Friday following Elon Musk’s $44 billion acquisition, is now reaching out to dozens of employees who lost their jobs and asking them to return. → Read More
Twitter Cuts Spur Concerns About US Midterms, Human Rights
Musk slashed more than half of workers days before election → Read More
Musk Plans to Eliminate Half of Twitter Jobs to Cut Costs
Elon Musk plans to eliminate about 3,700 jobs at Twitter Inc., or half of the social media company’s workforce, in a bid to drive down costs following his $44 billion acquisition, according to people with knowledge of the matter. → Read More
Twitter Limits Content-Enforcement Tools as US Election Looms
Twitter Inc., the social network being overhauled by new owner Elon Musk, has frozen some employee access to internal tools used for content moderation and other policy enforcement, curbing the staff’s ability to clamp down on misinformation ahead of a major US election. → Read More
Twitter Faces Only Bad Outcomes If the $44 Billion Musk Deal Closes
The company has been damaged by the drama over the deal, and things look bumpy if it goes through. → Read More
Musk Backs Out of $44 Billion Twitter Deal Over Bot Accounts
Elon Musk is trying to end an agreement to buy Twitter Inc. for $44 billion and take it private, alleging that the company misrepresented user data and setting the stage for an arduous court brawl. → Read More
Sheryl Sandberg Stepping Down as Meta’s COO After 14 Years
Meta Platforms Inc.’s Sheryl Sandberg, who became one of the most recognized figures in global business after helping Facebook transform from a startup into a multibillion-dollar advertising powerhouse, is stepping down as chief operating officer. → Read More
Twitter Loses Three More Senior Employees Ahead of Musk’s Takeover
Twitter Inc. is losing three more senior employees, including two vice presidents, a reflection of the uncertainty inside the social media company as staffers wait for Elon Musk’s $44 billion acquisition to close. → Read More
Musk Says Twitter Deal at Lower Price Is ‘Not Out of the Question’
Elon Musk stoked speculation that he could seek to renegotiate his takeover of Twitter Inc., saying a viable deal at a lower price wouldn’t be “out of the question.” → Read More
Elon Musk’s Twitter Pitch Featured Job Cuts, Other Ways to Make Money (TWTR)
As he negotiated a $44 billion deal to acquire Twitter Inc., Elon Musk told bankers that he would be focused on the social-media company’s bottom line, and floated the idea of cutting both costs and jobs, according to people familiar with the matter. → Read More
Musk Is Barred From Disparaging Twitter When Tweeting About Deal
Elon Musk isn’t allowed to post tweets about his deal to buy Twitter Inc. if they “disparage the company or any of its representatives,” according to a new securities filing following Monday’s $44 billion takeover agreement. → Read More
Twitter Locks Down Product Changes After Agreeing to Musk Bid
Twitter Inc. locked down changes to its social networking platform through Friday after accepting a $44 billion bid from billionaire Elon Musk, making it harder for employees to make unauthorized changes, according to people familiar with the matter. → Read More
Elon Musk Lands Deal to Take Twitter Private for $44 Billion
Billionaire entrepreneur Elon Musk agreed to buy Twitter Inc. for $44 billion, using one of the biggest leveraged buyout deals in history to take private a 16-year-old social networking platform that has become a hub of public discourse and a flashpoint in the debate over online free speech. → Read More
How Jack Dorsey Quit Twitter to Become Bitcoin’s Spiritual Leader
The Twitter founder, Block CEO, and Elon Musk buddy is gazing into the future — and he wants you to follow him. → Read More
Why Social Media Acted So Fast After Russia’s Ukraine Invasion
Why Social Media Acted So Fast After Russia’s Ukraine Invasion Don’t expect decisive action on every issue. → Read More