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GameStop misses quarterly revenue estimates
GameStop misses quarterly revenue estimates
GameStop posted its fourth consecutive fall in quarterly revenue on Wednesday and missed market estimates, as consumers dialed
2023-06-08 04:17
Former Elon Musk colleague reveals Twitter boss ‘seems quite lonely’
Former Elon Musk colleague reveals Twitter boss ‘seems quite lonely’
It’s lonely at the top – just ask Elon Musk’s former colleagues. The Twitter owner tells the same jokes and anecdotes “over and over” and “seems quite alone,” according to a former senior executive at the company. Esther Crawford, who went viral last year after being pictured sleeping on the floor of Twitter’s office while trying to meet a tough deadline set by Musk, shared her thoughts in a post on the platform which was recently renamed X. Sign up to our free Indy100 weekly newsletter Crawford joined Twitter when it bought her startup in 2020, well before the billionaire took over the social media platform in a $44bn deal last year. The former head of product development, who was sacked in February as part of a round of 200 layoffs, said: “Elon is oddly charming and he's genuinely funny. He also has personality quirks like telling the same stories and jokes over and over. “The challenge is his personality and demeanour can turn on a dime going from excited to angry. “Since it was hard to read what mood he might be in and what his reaction would be to any given thing, people quickly became afraid of being called into meetings or having to share negative news with him.” She said Twitter employees feared being called into meetings with him or having to deliver bad news. “At times it felt like the inner circle was too zealous and fanatical in their unwavering support of everything he said.” “Product and business decisions were nearly always the result of him following his gut instinct, and he didn't seem compelled to seek out or rely on a lot of data or expertise to inform it. “I saw a person who seemed quite alone because his time and energy was so purely devoted to work.” Meanwhile, Musk appeared to put more faith in random feedback and Twitter polls than in his employees who were working to troubleshoot problems. She said: “His boldness, passion and storytelling is inspiring, but his lack of process and empathy is painful.” However, she didn’t pull any punches about the previous management either, calling it “bloated” and “soft and entitled” where “teams could spend months building a feature and then some last-minute kerfuffle meant it'd get killed for being too risky.” Musk recently killed off the iconic bluebird Twitter logo, replacing it with a white X. He has said he wants to create a super-app inspired by China’s WeChat which would offer messaging and payments as well as social media. That vision may be difficult to make a reality, after the collapse of the platform’s advertising business as marketers soured on Musk’s decision to fire thousands of employees and dial down its content moderation efforts. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-28 17:21
Apple to spend billions of dollars on US-made 5G tech
Apple to spend billions of dollars on US-made 5G tech
Apple on Tuesday announced a multi-billion-dollar collaboration with US tech firm Broadcom to make "cutting edge" components for wirelessly connecting...
2023-05-24 09:51
GM will adopt Tesla's North American charging standard
GM will adopt Tesla's North American charging standard
By David Shepardson (Reuters) -General Motors will join Ford in adopting Tesla's North American charging plug standard and give GM
2023-06-09 04:52
Record-Breaking Weather in 2023 Shows Impact of Climate Change
Record-Breaking Weather in 2023 Shows Impact of Climate Change
This year broke records in all the wrong ways. That’s the chilling conclusion of a special report on
2023-10-31 04:50
“Be Distinctive. Everywhere.” Presented by Ipsos & JKR
“Be Distinctive. Everywhere.” Presented by Ipsos & JKR
LONDON--(BUSINESS WIRE)--Jun 14, 2023--
2023-06-14 21:21
Corporate ESG Claims to Soon Face Audits to Address Greenwashing Fears
Corporate ESG Claims to Soon Face Audits to Address Greenwashing Fears
The disclosures that companies make about their green credentials will be evaluated by new global audit standards that
2023-08-03 01:56
Denmark looks to curb collection of data on children by Big Tech
Denmark looks to curb collection of data on children by Big Tech
COPENHAGEN Denmark aims to raise the age limit for the collection of personal data from children by tech
2023-06-13 04:53
VigorPool's IFA 2023 Showcase: Elevating Homes With Green Energy Innovations for a Sustainable Future
VigorPool's IFA 2023 Showcase: Elevating Homes With Green Energy Innovations for a Sustainable Future
BERLIN--(BUSINESS WIRE)--Aug 31, 2023--
2023-08-31 18:49
VertiGIS Networks Enters the North American Utilities Market
VertiGIS Networks Enters the North American Utilities Market
RICHMOND, Va. & LONDON--(BUSINESS WIRE)--May 9, 2023--
2023-05-10 00:16
Heat Wave Bakes Large Swathes of Germany and Italy This Week
Heat Wave Bakes Large Swathes of Germany and Italy This Week
Scorching temperatures are blanketing parts of Germany and Italy this week, prompting heat warnings and straining the region’s
2023-07-11 16:51
Microsoft’s Activision Deal Gets Sliver of Hope as EU Defies UK
Microsoft’s Activision Deal Gets Sliver of Hope as EU Defies UK
Microsoft Corp.’s $69 billion takeover bid for games developer Activision Blizzard Inc. came back from the brink after
2023-05-16 11:25