A Verified Mess: Turmoil from Twitter to FTX

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Episode
7 of 144
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55M
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Engelsk
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This week, we go inside Elon Musk’s “dire” warnings, FTX’s spectacular collapse and Meta’s big layoffs. Has the tech industry lost its mind?

“Hard Fork” listeners: We want to hear your questions about the tech industry. Send them to hardfork@nytimes.com. Also, check us out on TikTok: @hardforkpod

Additional Resources:

• Elon Musk told Twitter employees the company faced a bleak financial picture • in a meeting with staff on Thursday and in his first companywide emails. • The world’s largest crypto exchange, Binance, said it had reached a deal to buy its competitor FTX • , which was on the verge of collapse. The news about FTX had left crypto investors scrambling • . • Is the collapse of FTX crypto’s Lehman Brothers moment • ? • Meta announced layoffs of 11,000 employees • , accounting for about 13 percent of its work force.

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