US Business

Twitter Inc. said it has begun rolling out software updates to charge users $7.99 a month to mark their accounts with a blue checkmark, part of Elon Musk’s early efforts to boost revenue a little more than a week after taking ownership of the social-media network.

The duo helped the former Nissan executive avoid a trial on charges of financial wrongdoing in Japan.

Inside Twitter Inc. in the week after Elon Musk took it over, almost no one seemed to know for sure what was going on.

The industry is seeking influence in Washington as regulators increase their scrutiny of digital assets.

Elon Musk tweeted that Twitter has had a large drop in revenue due to activist groups pressuring advertisers, as the social-media company notified about half its staff that they were being let go.

The two men are accused of engaging in a fraudulent scheme to inflate the parent company’s stock and attract new shareholders.

Reselling sneakers afforded Michael Malekzadeh a gold-plated lifestyle until complaints and threats over unfilled orders brought his business to a full stop. “This is a Bernie Madoff-size scam for the sneaker market.”

After sharp growth during Covid, semiconductor executives now put hiring on pause and cut costs amid high inventory.

The U.S. oil giant is examining how it uses its sprawling Houston-area campus as part of an effort to cut billions in structural costs.

Advertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk’s plans for content moderation.