What just happened? Elon Musk is often referred to as the richest person in the world, but not everyone agrees that he currently holds the title. According to Forbes, the Twitter boss has been overtaken on the rich list by Bernard Arnault, who is now number one with a $187.5 billion fortune.
A hot potato: As Elon Musk reduces Twitter's content moderation to make the platform a bastion of free speech while also cutting its workforce, one of the European Union's top officials has warned the billionaire could be inadvertently helping Vladimir Putin by not removing Russian propaganda relating to the war in Ukraine.
In context: Elon Musk might regret firing half of Twitter's staff after he took over the company, given reports that those who weren't laid-off have been resigning in droves. It appears the departures were prompted by Musk's recent declaration that employees must commit to a "hardcore" work culture or leave the firm by 5 pm yesterday. Now, Twitter has locked those who are left out of the company's offices, reportedly over fears of sabotage by disgruntled ex-workers.