Again, last week, Musk confirmed that he would move forward with the Twitter buyout at the originally agreed price of USD 54.20 per share. Later, Twitter sued Musk accusing him of using bots as a pretext to exit a deal. After Musk put out the deal termination announcement, the market saw a sharp decline. Downdetector only reports an incident when the number of problem reports is significantly higher than. It is common for some problems to be reported throughout the day. This chart shows a view of problem reports submitted in the past 24 hours compared to the typical volume of reports by time of day. The Tesla CEO did so by alleging that Twitter violated their mutual purchase agreement by misrepresenting the number of spam and fake bot accounts on its platform. Twitter outages reported in the last 24 hours. In July, in a surprising turn of events, Musk who had long been showing his interest to buy Twitter terminated the deal. However, Musk soon began sowing doubt about his intentions to follow through with the agreement, alleging that the company failed to adequately disclose the number of spam and fake accounts on the service. In April, Twitter accepted Musk's proposal to buy and make the social media service private. Musk has already indicated that he would make job cuts at Twitter, telling employees at a town-hall meeting this summer that there needs to be "a rationalization of headcount" at the social network. Musk is expected to cut roughly half of Twitter's roughly 7,500-person workforce. "Thank you for continuing to adhere to Twitter policies that prohibit you from discussing confidential company information on social media, with the press or elsewhere," the memo added. As per an unsigned internal memo seen by The Verge, Twitter employees were notified in the email that the layoffs were set to begin.Įmployees will receive an email by 9AM PST on November 4 confirming whether they have been laid off or not, according to the internal memo, which also states that employee badge access to Twitter's offices will be shut off "temporarily." "We acknowledge this is an incredibly challenging experience to go through, whether or not you are impacted," the memo read. Last week, he took control of Twitter and fired its top executives. Meanwhile, Twitter has been in news for other reasons as well, thanks to Elon Musk. Reportedly, the outage started around 3 am and saw a relatively big spike around 7 am. "I'm unable to access Twitter and getting an error prompt.Something went wrong, but don't fret - let's give it another shot.Try again," a social media user wrote. A popup that reads "Something went wrong, but don't worry - try again" appears when the feed page first loads. Many stated that they're unable to log into the website. On Friday morning, many Twitter users reported problems with the microblogging site.
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