Afternoon summary
Here’s a quick summary of what’s happened today in business news:
Elon Musk’s fate as Twitter CEO is uncertain after he released a poll asking Twitter users whether he should step down as head of Twitter. Over 57% of 17.5m users who voted said that he should. Though Musk said he would abide by the results of the poll, he has not made any announcements regarding plans to step down.
A union representing Twitter staff in the UK cautioned that even if Musk steps down as CEO, he would still be owner of the company.
UK spring budget will be delivered on 15 March, chancellor Jeremy Hunt announced today.
The US Federal Trade Commission announced a settlement with Epic Games, the maker of popular video game Fortnite, for a total $520m. The agency said the company violated child privacy protection laws.
We’re pausing this blog for now but will return if any news around Musk and Twitter arises. Thank you for reading.
Two California-based employees are accusing Tesla of retaliation after they were fired while participating in a group that was drafting letters critical of Tesla CEO Elon Musk. The employees filed a complaint with the National Labor Relations Board last week, according to Bloomberg.
The letters drafted by the group asked company executives to reconsider Musk’s return-to-office police, saying that they violated Tesla’s anti-harassment policy. Both employees were fired in June – one was told that their discussions on Tesla were “an attack” on the company.
