Business

Bloomberg Law reports:  The mass layoffs and constructive discharges that have hit Twitter Inc. since Elon Musk bought the company have impacted female employees to a significantly greater degree than male workers, a new class lawsuit charges. That women were more affected by Musk’s immediately laying off more than half of Twitter’s workforce and his “quickly implemented new policies” is …

Axios reports: Miami’s Mayor Francis Suarez (R) this week urged Elon Musk to relocate Twitter’s headquarters to his city.”[Elon Musk] it’s TIME to move @twitter headquarters to Miami. It’s not about politics, it’s about the soul of our country,” Suarez tweeted. The invitation comes after Musk expressed frustrations over San Fransisco, where Twitter is headquartered, after city officials started investigating …

The Daily Beast reports: Elon Musk lost the title of world’s richest person on Wednesday, according to Forbes’ billionaire rankings. The Tesla CEO lost $3.4 billion of his net worth overnight as the electric car company’s stock plummetted. So far this year, Musk has lost more than $100 billion to the carmaker’s tanking stock, though previous losses didn’t affect his …

Reuters reports: Elon Musk’s Neuralink, a medical device company, is under federal investigation for potential animal-welfare violations amid internal staff complaints that its animal testing is being rushed, causing needless suffering and deaths, according to documents reviewed by Reuters and sources familiar with the investigation and company operations. Neuralink Corp is developing a brain implant it hopes will help paralyzed …

Axios reports: The New York Times on Tuesday unveiled a unique version of its weekday print paper featuring more than two dozen ads from just one advertiser — General Electric. It’s the first time in the paper’s 171-year history that any advertiser has gotten to own all of The Times’ print real estate exclusively — in addition to most of …

Bloomberg News reports: Elon Musk said Apple Inc. has “fully resumed” advertising on Twitter Inc., further de-escalating a brewing war between two of the world’s most influential tech companies. Musk made the comments during a Twitter Spaces conversation on Saturday, adding that Apple is the largest advertiser on the social media network. The billionaire, who didn’t elaborate further on Apple, …

The New York Times reports: The World Cup has historically been a boon for Twitter, bringing in record traffic and an influx of advertising dollars. But this time, when the global soccer tournament started on Nov. 20, Twitter’s U.S. ad revenue was running at 80 percent below internal expectations for that week, three people with knowledge of the figures said. …

The Wall Street Journal reports: In recent weeks, Apple as accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people involved in the discussions. It is telling suppliers to plan more actively for assembling Apple products elsewhere in Asia, particularly India and Vietnam, …

The New York Times reports: Before Elon Musk bought Twitter, slurs against Black Americans showed up on the social media service an average of 1,282 times a day. After the billionaire became Twitter’s owner, they jumped to 3,876 times a day. Slurs against gay men appeared on Twitter 2,506 times a day on average before Mr. Musk took over. Afterward, …

Orlando’s Fox affiliate reports: A resolution to the politically charged conflict that developed this year between the state of Florida and the Walt Disney Company may reportedly be in the works. The state’s lawmakers are working on plans to reverse a move that would strip Disney of its right to operate a private government around its theme parks, according to …

Axios reports: Elon Musk took to Twitter on Wednesday in an attempt to lower the heat in a fight he picked with Apple on Monday. “We resolved the misunderstanding about Twitter potentially being removed from the [Apple] App Store,” Musk claimed in a tweet, after thanking Apple CEO Tim Cook for taking him around Apple headquarters Wednesday. “Tim was clear …

Bloomberg News reports: Elon Musk’s Neuralink Corp. aims to start putting its coin-sized computing brain implant into human patients within six months, the company announced at an event at its Fremont, Calif. headquarters on Wednesday evening. Neuralink has been refining the product, which consists of a tiny device and electrode-laced wires, along with a robot that carves out a piece of …

The Associated Press reports: The U.S. House moved urgently to head off the looming nationwide rail strike on Wednesday, passing a bill that would bind companies and workers to a proposed settlement that was reached in September but rejected by some of the 12 unions involved. The measure passed by a vote of 290-137 and now heads to the Senate. …

Florida Politics reports: Presented with regretful comments from Disney CEO Bob Iger about consequences for the company’s opposition to the state’s Parental Rights in Education law, DeSantis did not back down from previous critiques of the “Burbank-based” corporation. “We didn’t drag them in, Tucker, they went in on their own,” DeSantis said on Fox News. “And not only opposed the bill. They …

“So, when Parler was thrown off of the app store because they allowed Donald Trump to speak, you would think it was an anomaly. It wasn’t. “For years the most cynical observers assumed that Big Tech companies like Apple censor speech but only in extraordinary circumstances. “Oh, no. They do it all the time. In fact, Apple engages in large-scale …

Platformer reports: On Monday morning, a revenue analyst for Twitter in Europe shared some disheartening news. “We are seeing a significant decline in bookings,” the analyst posted in Slack, before sharing the numbers. Twitter’s ad revenue in Europe, the Middle East and Africa (EMEA) is down 15 percent year over year, he said, and weekly bookings are down 49 percent, …

The Confider reports: After peaking in August, Truth Social, the right-wing Twitter knockoff created by former president Donald Trump, has experienced two straight months of decline in unique visitors. According to Comscore data reviewed by TheRighting, a watchdog that reports on and analyzes trends in right-wing media, Truth Social went from 4.02 million visitors in August to 3.38 million in …

9 To 5 Mac reports: In the latest development at Twitter, Elon Musk has taken to his social platform to share that Apple has “mostly stopped advertising.” Along with the announcement, he implied in his short tweet that the decision makes the iPhone maker an opponent of free speech It comes after a series of events have led to speculation …

CNBC reports: Distressed crypto firm BlockFi has filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of New Jersey following the implosion of putative acquirer FTX. In the filing, the company indicated that it had more than 100,000 creditors, with liabilities and assets ranging to $10 billion. In the filing, the company listed an outstanding …

The New York Post reports: Twitter CEO Elon Musk posted a photo of his “bedside table” on Monday featuring a few odd decorations – including a pair of non-firing guns, a Buddhist amulet and a multiple cans of Diet Coke. The billionaire’s photo included a non-firing replica of George Washington’s flintlock pistol, lying in a wooden box whose open lid …