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Transcripts For BBCNEWS BBC News 20240707

hello and welcome if you re watching in the uk or around the world. twitter s new owner elon musk has defended his decision to sack about half the firm s workforce without warning. mr musk said the social media platform was losing large sums of money every day. he s insisted twitter s commitment to content moderation remains unchanged, despite the loss of key staff and anxiety among advertisers. in an interview, elon musk revealed that twitter was losing around $4 million a day, meaning costs had to be cut. he promised twitter wouldn t degenerate into what he called a free for all hellscape when content moderation is loosened. but advertisers including general motors have withdrawn their business, which is likely to lead to a drop in revenues. and now twitter faces lawsuits from the hundreds of employees over the way they were fired. out technology editor, zoe kleinman, reports. elon musk did not speak to any of the twitter employees laid off today. he was a surprise guest

Transcripts For BBCNEWS Breakfast 20240707

details in the programme. it s saturday the fifth of november. our main story: passengers are being warned to expect significant disruption on the railways today, despite strike action being called off. tens of thousands of rail workers had been due to walk out in the long running dispute over pay and working conditions. strikes planned for monday and wednesday have also been cancelled, as negotiations between the rmt union and train operators are stepped up. our business correspondent, marc ashdown reports. today s strike action may have been called off but widespread disruption will continue. network rail welcomed the decision but says services which had been cancelled can t be reinstated at such late notice. a reduced strike timetable means just 20% of services will run across england, scotland and wales. those which do will start much later and finished by the early evening. thousands of members of the rmt union of 1a real companies and network rail are involved in the lo

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