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Article summary: > Tech journalist Casey Newton says Elon Musk did not inherit a company in crisis — but after massive layoffs and upheaval the social media gi
by shagie 4y ago
Article summary:
> Tech journalist Casey Newton says Elon Musk did not inherit a company in crisis — but after massive layoffs and upheaval the social media giant is losing money and Musk is warning of bankruptcy.
Transcript: https://www.npr.org/transcripts/1141568738 https://www.npr.org/transcripts/1141568738
- Zigurd 4y agoThe "bankruptcy" talk is a bluff. Musk will do anything to avoid it because the equity investors would get wiped out and the banks would own Twitter.