Elon Musk’s Costly, Inefficient Battle Over Ex-Twitter Staff’s Severance
A partially removed sign at what was then-Twitter headquarters in San Francisco in 2023 after Elon Musk changed the company’s name and logo to X.
Photographer: David Paul Morris/Bloomberg
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Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Kurt Wagner reports on Elon Musk’s battle to avoid severance payments to fired Twitter employees.
Nvidia’s good-but-not-great results: The company said its new chip design for artificial intelligence work, called Blackwell, generated $11 billion in revenue in the quarter, although the “fastest product ramp” in its history is weighing on profit margins.