Musk proposes turning Twitter into a bank to avoid bankruptcy

Ars Technica
By Ashley BelangerNov 11, 2022, 2:31 pm153 pts
Enlarge (credit: SOPA Images / Contributor | LightRocket) Confidence in Twitter has hit what might be an all-time low just two weeks into Elon Musk’s tenure as owner. Yesterday on a call, Musk told Twitter staff that bankruptcy is a real possibility, as next year Twitter could face billions more in losses.…

Read Article Share
Share Article
- email
- x.com
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on Tech News Tube

Salesforce agrees to buy Fin in US$3.6 billion AI customer service deal

Digitimes

Salesforce agrees to buy Fin in US$3.6 billion AI customer service deal 127

DOJ Lawyers Argue xAI Is ‘Vital’ for National Security in NAACP Lawsuit

Wired

DOJ Lawyers Argue xAI Is ‘Vital’ for National Security in NAACP Lawsuit 126

Elon Musk Says He’s Not a Killer, Journalists Would Be Dead if He Were

Gizmodo

Elon Musk Says He’s Not a Killer, Journalists Would Be Dead if He Were 117

Xbox is reportedly closing Ninja Theory, Double Fine and Compulsion Games

Engadget

Xbox is reportedly closing Ninja Theory, Double Fine and Compulsion Games 116

Taiwan drones advance to Green UAS certification, accelerate US market push

Digitimes

Taiwan drones advance to Green UAS certification, accelerate US market push 115

I Finally Understand America After Watching UFC Freedom 250 at LA’s Most Hi-Tech Sports Bar

Gizmodo

I Finally Understand America After Watching UFC Freedom 250 at LA’s Most Hi-Tech Sports Bar 114

FBI gives first peek inside 22,000-square-foot town it’s built for digital crime training — the ‘one of a kind’ facility has a gas station, houses, and a data center with 200 hackable servers

TechRadar

FBI gives first peek inside 22,000-square-foot town it’s built for digital crime training — the ‘one of a kind’ facility has a gas station, houses, and a data center with 200 hackable servers 114

Inside the fight over Claude Mythos 5

The Verge

Inside the fight over Claude Mythos 5 113

About Tech News Tube

Tech News Tube is a real time news feed of the latest technology news headlines.

Follow all of the top tech sites in one place, on the web or your mobile device.

Featured

Cybersecurity Vets Protest 'Dangerous'…

Cybersecurity Vets Protest 'Dangerous' US Government Ban On Anthropic's Most…

Kioxia surpasses Toyota, eyes M&A push…

Kioxia surpasses Toyota, eyes M&A push in face of AI boom

Supply security over cost: Google leads…

Supply security over cost: Google leads CSP charge to diversify InP substrate…

CATL's Hungary plant set to eclipse…

CATL's Hungary plant set to eclipse Europe's cell production capacity

AI chip race sends WF6 prices soaring…

AI chip race sends WF6 prices soaring after Japan supply shock

Adani-Jabil partnership highlights…

Adani-Jabil partnership highlights India's push for domestic AI infrastructure

Anthropic Is Still at Odds With the…

Anthropic Is Still at Odds With the White House Over Claude Fable 5

SpaceX's US$2 trillion debut raises…

SpaceX's US$2 trillion debut raises questions over AI profits and China…

Tata iPhone components plant faces…

Tata iPhone components plant faces pollution probe as India supply chain risks…

Foxconn and Schneider Electric strike…

Foxconn and Schneider Electric strike strategic partnership to build…