1 – Breaking News & Latest Updates 2026
Skip to main content

Twitter Archive

Archives for December 2023

The Verge’s 2023 in reviewThe Verge’s 2023 in review
Dan Seifert
Richard Lawler
Richard Lawler
Elon Musk’s X can’t shake off a lawsuit over millions of dollars in unpaid Twitter bonuses.

In this entry into the list of lawsuits over unpaid Twitter bills, Courthouse News reports Mark Schobinger’s class action lawsuit is over unpaid 2022 annual bonuses. Schobinger, notably, is Twitter’s former senior director of compensation.

He says execs’ promises of a 50 percent payout for those who remained through Q1 of 2023 kept employees around during Elon’s “hardcoretakeover, but now the company argues its oral promise wasn’t enforceable. The judge didn’t buy that, writing that “Twitter’s contrary arguments all fail,” so the case will proceed.

X was downX was down
Richard Lawler
Wes Davis
Wes Davis
Crypto scammers are impersonating accounts by manipulating X links.

X (formerly Twitter) will let you replace the username in a post’s URL with... really, whatever you want, and it will still go to the original post. It’s been that way since at least 2019.

Bleeping Computer reported that scammers have been using the trick to direct people to fake crypto giveaways from Binance, Ethereum, and the like. If someone falls for it and connects a wallet, the scammers drain it.

Screenshot of two posts with links that appear to be to Ethereum posts, urging people to buy “DOXcoin.”
A screenshot of two posts that appear to be linking to Ethereum posts, but definitely aren’t.
Screenshot: Wes Davis / The Verge
Wes Davis
Wes Davis
X verified accounts seemed to get away with more misinformation, a new study found.

ProPublica and Columbia University identified over 2,200 false or misleading posts from more than 1,300 verified accounts in the month following the Israel-Hamas war’s beginning, garnering half a billion impressions.

About 80% of the 2,000 debunked [image or video] posts we reviewed had no Community Note. Of the 200 debunked claims, more than 80 were never clarified with a note.

The study follows similar reports from NewsGuard in October and November. Many of the posts shown in ProPublica came after Community Notes improvements X announced in October.

Elizabeth Lopatto
Elizabeth Lopatto
Pop quiz, hotshot: who do you think the sources on this story are?

It’s about Elon Musk bragging to the banks that backed his Twitter takeover that he never lost money for his investors.

Meanwhile:

One multibillion-dollar firm that specialises in distressed debt called X’s debt “uninvestable”.

My guesses are: juniors at the banks angling to make more-senior employees look dumb in order to take their jobs or employees who cautioned against the Musk debt doing a public “I told you so.”

David Pierce
David Pierce
Today on The Vergecast: a 60-year-old Mac, and Twitter In Memoriam.

I have spent an alarming amount of time in the last 24 hours reading thousands of the best tweets anyone ever tweeted. We talked about those tweets, our brushes with main-character-ness, and more. Plus, Will Poor resurrects his extremely old Macintosh, and wonders: how can I make this thing last another three decades?

Kevin Nguyen
Kevin Nguyen
“I got magical raccoon dog testicles on CNN.”

If you missed Sarah Jeong’s piece about the right wing’s coordinated harassment campaign against her (part of our very special Twitter series), you can enjoy it as a TikTok.

Richard Lawler
Richard Lawler
Ad sales on X are reportedly about about a half billion lower than anticipated for 2023.

Bloomberg cites unnamed sources in this report about how much ad revenue has dropped for the platform formerly known as Twitter as its CTO continues to drive advertisers away, saying it’s on track for $2.5 billion this year despite internal targets for $3 billion.

X generated a little more than $600 million in advertising revenue in each of the first three quarters of the year, and is anticipating a similar performance in the current period, according to a person familiar with the numbers. That compares to more than $1 billion per quarter in 2022.

The X head of business operations, Joe Benarroch, is quoted disputing the figures, claiming the sources “are not providing accurate and comprehensive details... We are not Twitter any longer and not measuring ourselves by old Twitter metrics — both in revenue and user metrics.”