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| Musk Twitter takeover: Billionaire denies report he plans to fire workers to avoid payouts | Musk Twitter takeover: Billionaire denies report he plans to fire workers to avoid payouts |
| (about 2 hours later) | |
| Elon Musk has denied a New York Times report that he plans to lay off Twitter workers before the start of next month to avoid having to make payouts. | Elon Musk has denied a New York Times report that he plans to lay off Twitter workers before the start of next month to avoid having to make payouts. |
| Replying to a Twitter user asking about the report, he said: "This is false." | Replying to a Twitter user asking about the report, he said: "This is false." |
| Last week, Mr Musk completed his $44bn (£37.9bn) takeover of the social media platform after months of legal wrangling. | Last week, Mr Musk completed his $44bn (£37.9bn) takeover of the social media platform after months of legal wrangling. |
| The buyout saw the exit of the firm's top bosses - including its chief executive, chairman and finance chief. | The buyout saw the exit of the firm's top bosses - including its chief executive, chairman and finance chief. |
| At the weekend, The New York Times reported that Mr Musk had ordered major job cuts across Twitter's workforce. | At the weekend, The New York Times reported that Mr Musk had ordered major job cuts across Twitter's workforce. |
| No change to Twitter moderation policy yet - Musk | No change to Twitter moderation policy yet - Musk |
| What next for Twitter under Elon Musk? | What next for Twitter under Elon Musk? |
| The newspaper said the layoffs would take place before 1 November, when workers were due to receive grants of shares in the company as a major part of their pay deals. | The newspaper said the layoffs would take place before 1 November, when workers were due to receive grants of shares in the company as a major part of their pay deals. |
| The takeover has prompted discussion among Twitter users over what the platform will look like under Mr Musk's ownership. | The takeover has prompted discussion among Twitter users over what the platform will look like under Mr Musk's ownership. |
| Some have voiced concerns that more lenient free speech policies would mean people banned for hate speech or disinformation may be allowed back to the platform. | Some have voiced concerns that more lenient free speech policies would mean people banned for hate speech or disinformation may be allowed back to the platform. |
| Last week Mr Musk said that he doesn't want the platform to become an echo chamber for hate and division. "Twitter obviously cannot become a free-for-all hell-scape, where anything can be said with no consequences!" he tweeted. | Last week Mr Musk said that he doesn't want the platform to become an echo chamber for hate and division. "Twitter obviously cannot become a free-for-all hell-scape, where anything can be said with no consequences!" he tweeted. |
| However after denying the New York Times job cuts report, Mr Musk tweeted a screen shot of a New York Times headline about him posting a link to a "site known to publish false news". | However after denying the New York Times job cuts report, Mr Musk tweeted a screen shot of a New York Times headline about him posting a link to a "site known to publish false news". |
| The New York Times headline referred to a reply Mr Musk had posted, and then deleted, at the weekend to a tweet by former US presidential candidate Hillary Clinton. | The New York Times headline referred to a reply Mr Musk had posted, and then deleted, at the weekend to a tweet by former US presidential candidate Hillary Clinton. |
| His reply contained a link to a conspiracy theory about an assault on Paul Pelosi, husband of US House speaker Nancy Pelosi. | His reply contained a link to a conspiracy theory about an assault on Paul Pelosi, husband of US House speaker Nancy Pelosi. |
| This is fake – I did *not* tweet out a link to The New York Times! pic.twitter.com/d6V6m5ATW2 | This is fake – I did *not* tweet out a link to The New York Times! pic.twitter.com/d6V6m5ATW2 |
| Separately, in response to a question about users getting verified - and gaining a coveted so-called "blue check mark" - on the platform, he said the process will be revised. | |
| "Whole verification process is being revamped right now", Mr Musk said without giving further details. | "Whole verification process is being revamped right now", Mr Musk said without giving further details. |
| It had been reported that the firm was planning to charge users to become verified. | It had been reported that the firm was planning to charge users to become verified. |
| The Elon Musk Show | The Elon Musk Show |
| From South Africa to Silicon Valley - the enigmatic, compelling and controversial inside story of the world's richest man, as told by family, friends and enemies. | From South Africa to Silicon Valley - the enigmatic, compelling and controversial inside story of the world's richest man, as told by family, friends and enemies. |
| Watch Now on BBC iPlayer (UK Only) | Watch Now on BBC iPlayer (UK Only) |