Fidelity slashes the value of its Twitter stake by over half

Fidelity, which was among the group of outside investors that helped Elon Musk finance his $44 billion takeover of Twitter, has slashed the value of its stake in Twitter by 56%. The recalculation comes as Twitter navigates a number of challenges, most the result of chaotic management decisions — including an exodus of advertisers from […] Fidelity slashes the value of its Twitter stake by over half by Kyle Wiggers originally published on TechCrunch...