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Elon Musk<\/strong> warned that filing for bankruptcy was a distinct possibility for his newly acquired company, after he laid off half of the staff, which numbered 7,500 earlier this year, and made changes to the platform that are causing users, brands, and advertisers to fly the coop.<\/p>\n \u201cSorry that this is my first email to the whole company, but there is no way to sugarcoat the message<\/a>,” Musk wrote to employees. \u201cWithout significant subscription revenue, there is a good chance Twitter will not survive the upcoming economic downturn.\u201d<\/p>\n Musk sold nearly $4 billion worth of Telsa stock<\/a> since reaching his deal to buy Twitter for $44 billion last month. He told Twitter employees on Thursday that he was selling his other company\u2019s stock in order to \u201csave Twitter<\/a>.\u201d<\/p>\n On top of mass layoffs and unwelcome platform changes, Musk told employees on Wednesday in an email that he is requiring them to come into the office for a minimum of 40 hours per week<\/a>, ending the company\u2019s work-from-home policy; he added that he had to personally approve any remote work requests.<\/p>\n Musk also said in the email, \u201cWe need roughly half of our revenue to be subscription<\/a>,\u201d alluding to the new controversial blue checkmark subscription service. The blue checkmark, which used to indicate a user\u2019s notoriety to combat misinformation and scam accounts<\/a>, now costs $8 per month and can be given to anyone who will pay. It\u2019s unclear whether eventually users will have to show identity verification for a blue checkmark.\u00a0<\/p>\n In the email, Musk mentioned the growing bot problem: \u201cOver the next few days, the absolute top priority is finding and suspending any verified bots\/trolls\/spam.\u201d\u00a0<\/p>\n He echoed this on Twitter: \u201cGoing forward, accounts engaged in parody<\/a> must include \u201cparody\u201d in their name, not just in bio.\u201d<\/p>\n https:\/\/twitter.com\/elonmusk\/status\/1590884973535711232<\/a><\/p>\n Ironically, it was difficult to even find this tweet from the real Elon Musk\u2019s Twitter account. One must sift through a sea<\/a> of fake<\/a> Elon<\/a> Musks<\/a> to find the real one, as a number of users are demonstrating the dangerousness of the new blue checkmark\u2019s leniency, pairing his name with a paid-for checkmark.\u00a0<\/p>\n CNN pointed out that under the new blue checkmark system, Twitter gave Jesus Christ verified status<\/a>.\u00a0<\/p>\n This content can also be viewed on the site it originates<\/a> from.<\/p>\n<\/div>\n<\/div>\n<\/div>\n While some of these parody accounts are funny, some elected officials are already showcasing the problems with the shift in the blue checkmark\u2019s meaning. A reporter for the Washington Post<\/em> made an impersonation account of Sen. Ed Markey<\/strong> (D-Mass.) to demonstrate how easy it is to make fake accounts<\/a> that look legitimate.\u00a0<\/p>\n<\/div>\nTwitter content<\/h4>\n