In a letter Tuesday, TCI’s Christopher Hohn urged Alphabet CEO Sundar Pichai to aggressively reduce expenses, including trimming headcount and cracking down on losses in its speculative Other Bets category. The investment firm said it had amassed a $6 billion stake in Google’s parent company. The letter comes as Alphabet’s workforce has ballooned in the last few years to nearly 200,000 people,...
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Musk’s Twitter Has Just 180,000 U.S. Subscribers, Two Months After Launch
Around 180,000 people in the U.S. were paying for subscriptions to Twitter, including Twitter Blue, as of mid-January, or less than 0.2% of monthly active users, according to a document viewed by The Information. The tiny number signals the challenge Elon Musk faces in turning the subscription product into a major source of revenue. The U.S. number is about 62% of Twitter’s global...
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