Twitter's new owner Elon Musk raised possibility of social media platform going bankrupt, capping a chaotic day that included departures of senior executives
Earlier on Thursday, Twitter's Chief Security Officer Lea Kissner tweeted that she had quit.
"Sorry that this is my first email to the whole company, but there is no way to sugarcoat the message," wrote Musk, before he described a dire economic climate for businesses like Twitter that rely almost entirely on advertising to make money. Musk told employees the "priority over the past 10 days" was to develop and launch Twitter's new subscription service for $7.99 a month that includes a blue check mark next to the name of paid members — the mark was previously only for verified accounts. In a second email to employees, Musk said the "absolute top priority" over the coming days is to suspend "bots/trolls/spam" exploiting the verified accounts.
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