Once Musk took over the company, he refused to reimburse travel vendors for those bills, current and former Twitter employees said. Musk's staff said the services were authorized by the company's former management and not by him. His staff have since avoided the calls of the travel vendors.
In the highest-profile crypto blowup to date, FTX filed for protection in the United States after traders pulled $6 billion from the platform in three days and rival exchange Binance abandoned a rescue deal. The collapse has left an estimated 1 million creditors facing losses totaling billions of dollars.
While it is known that FTX and its employees bought real estate in the Bahamas, where it established its headquarters in September last year, the property records show for the first time the scale of their buying spree and the intended use of some of the real estate.
New jobs still fetch about 30-35% hike in salaries, but they have fallen from a high of 100% amid layoffs, slowdown in economy.
Meta Platforms Inc spokesperson Andy Stone said in a tweet on Tuesday that a report on Chief Executive Officer Mark Zuckerberg stepping down next year was false.
Disney shocked investors late on Sunday evening by announcing the ouster of CEO Bob Chapek and appointing Iger, 71, to a two-year contract to return the company to growth.
