Tiny

In the midst of the restructuring and cost-cutting at Twitter post-Elon Musk takeover, reports have indicated that the tech giant has failed to pay many of its suppliers. According to the New York Times, Musk and his advisors are currently examining all expenses at the social media company and with that, some of the Twitter’s vendors have gotten stiffed. The company has taken on a drastic cost-cutting pattern and Musk has now issued and order to slow down or halt payments to its vendors and contract services. The move to do so has caused Twitter’s suppliers to be in an uproar. Some are even losing out in the millions without payment from Twitter. The article states that Musk is currently looking to “cut, cut, cut,” making it his top priority at Twitter. Due to the recent measures, Twitter is now asking its staff to review and renegotiate with vendors and even go as far as not paying them for now. Suppliers include in-office cafeteria food, real estate, software services, travel and computing costs. In order to acquire Twitter, Musk took out $13 billion USD in loans with an interest payment that amounts to $1 billion USD each year. Twitter is currently reviewing its partnerships with major sports leagues like the NFL and NBA, as well as with other companies like Condé Nast and Fox. Corporate credit cards have been cut off as are free lunches. Twitter reportedly has not delivered cheques promised to charity organizations. It remains to be seen what can be done. In other Twitter news, Elon Musk recently clarified that he makes all final decisions on posts despite the company having a moderation council.

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In the midst of the restructuring and cost-cutting at Twitter post-Elon Musk takeover, reports have indicated that the tech giant has failed to pay...

We Are Moms And We Are Against Drunk Driving

Mothers Against Drunk Driving

MADD Don't drive drunk! Call an uber or your mother. To support this organization contact us below.

MADD Don't drive drunk! Call an uber or your mother. To support this organization contact us below.

Dutchess County

Mid Hudson Valley

Dutchess County Government: Over $2.2 Million...

Poughkeepsie, NY ... Dutchess County Executive Marc Molinaro has announced more than $2.2 million to be awarded for 21 projects through  ...

Dutchess County Government: Over $2.2 Million In CDBG And Home Funding For Community Infrastructure, Programs And Affordable Housing Pro ...

Politics & Government

Gun Buyback Program Set For Newburgh

The state attorney general is hosting the program along with the Newburgh Police Department.

Crime & Safety

Legoland New York Resort Fully Opens To Public

The 250-room hotel is now accepting bookings for overnight stays.

Arts & Entertainment

SUNY Ulster Mass Vaccination Site Being Shut Down

The site in Ulster County is one of three that will cease operations in the state.

Health & Fitness

Mid Hudson Valley Area Unemployment Decreases:...

The unemployment rate in Dutchess County decreased recently.

Mid Hudson Valley Area Unemployment Decreases: Feds

Mid-Hudson Airbnbs Expecting Banner Ski Season

The majority of guests will be from New Jersey, Pennsylvania and New York.

Mid-Hudson Airbnbs Expecting 50K+ Guests During 2019 Ski Season

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1 HV State Park Ranked Among Best In U.S.: Report

HomeToGo came up with 18 of the best state parks around the U.S. Is there a state park you think should have made the list?

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Mid-Hudson Airbnbs Expecting 50K+ Guests During 2019 Ski Season

Mid-Hudson Airbnbs Expecting 50K+ Guests During 2019 Ski Season

1 Hudson Valley State Park Among Best In U.S.: Report

1 Hudson Valley State Park Among Best In U.S.: Report

'Coolest Small Town In America' In Hudson Valley: Report

'Coolest Small Town In America' In Hudson Valley: Report

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Mothers Against Drunk Driving