We work CEO Sandeep Montrani will step down. Shares the company have tumbled at the news, leaving them down 96% for the year. We work has since struggled to turn a profit and earlier this year struck deals to cut debt by $1.5 billion. Current we work board member David Tolly will take his place as interim CEO.
EU regulators say 'game on' for the Microsoft-Activision deal, WeWork's CEO is stepping down, and the latest call for AI regulation is coming from inside the house. Kara and Scott discuss the weak plan to ban TikTok in Montana. And Elon Musk continues to Elon Musk, saying he’s willing to lose money to say what he wants to say. Also, a prediction about the writer's strike.
Listen to On with Kara Swisher's episode, "Will Elon Musk Turn Twitter Into Yahoo Mail?" here.
Send us your questions! Call 855-51-PIVOT or go to nymag.com/pivot.
Learn more about your ad choices. Visit podcastchoices.com/adchoices