Tag: Elon Musk
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Cryptocurrencies at Crossroads After Annus Horribilis
Cryptocurrencies at Crossroads After Annus Horribilis
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Twitter users vote to remove Elon Musk as CEO
‘perfect storm’ Musk has generated a series of controversies in his short reign, described by Weinbush analyst Dan Ives as a “perfect storm”. He added that “advertisers have run for the hills and completely abandoned Twitter in red ink, which is potentially on track to lose nearly $4 billion per year.” Shortly after taking over…
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Elon Musk poll shows 57.5% want him to step down as Twitter chief
Tesla investors are concerned that Musk is spreading himself too thin after the Twitter deal. Tesla has already lost nearly 60% of its value this year as, like other carmakers, it grapples with supply chain issues and increasing competition in the EV space. Last month, Musk told a Delaware court that he would reduce his…
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Kasturi polls Twitter users on his future as CEO
Musk also restored former President Donald Trump’s account and said Twitter would no longer work to deal with the disinformation of COVID-19. In recent days, he suspended the accounts of several journalists—most recently, Washington Post reporter Taylor Lorenz—after some complained that disclosures about the activities of their private jets put their families at risk. I…
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Musk launches poll on whether he should resign as Twitter CEO
Twitter CEO Musk launched a poll on the social media platform on Sunday asking whether he should step down as head of the company, saying he would follow the election results. Voting is due to close around 1120GMT on Monday, although the billionaire did not give details of when he should step down if the…
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‘Deep concern’ despite restoration of journalists’ Twitter accounts: UN
‘Deep concern’ despite restoration of journalists’ Twitter accounts: UN
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Musk restores some suspended Twitter accounts of journalists
Twitter has swung from one controversy to another since Musk took control, mainly by selling shares in his successful electric car company Tesla for $44 billion. Talk of the billionaire’s autocratic voice — and the volatility surrounding the company — has spooked major advertisers and attracted the attention of regulators. Musk has restored former US…
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Twitter suspends several journalists, Musk cites ‘doxing’ of his jet
‘Suspicious and unfortunate’ Among the journalists’ accounts suspended Thursday was Washington Post reporter Drew Harwell (@drewharwell), who wrote on the social media platform Mastodon that he had recently written about Musk and was “publicly available, legally Posted links to “received data”. Twitter also suspended the official account of Mastodon (@joinmastodon), which has emerged as an…
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Twitter suspended accounts of many journalists
Twitter on Thursday showed an “Account Suspended” notice for a group of journalists’ accounts. It also suspended the official account of social media company Mastodon (@joinmastodon), which has emerged as an alternative to Twitter since Musk bought it. Mastodon was not immediately available for comment. The accounts of Times reporter Ryan Mac (@rmac18), Post reporter…
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Musk relaunches Twitter Blue after fake account fiasco
Since his takeover, content moderation has proved a major headache for Musk, who has described himself as a free speech despot and vowed to let people tweet whatever they want within the law . But the billionaire’s commitment to absolutist remarks spooked major advertisers and attracted the attention of regulators. Musk believes that Twitter’s previous…
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On-Again, Off-The-Twitter Subscription Service Will Be Resumed
On-Again, Off-The-Twitter Subscription Service Will Be Resumed
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Twitter will introduce new controls for ad placement
In a recent call with an advertising industry group, a Twitter representative said the platform was considering bringing on board its content moderators, many of whom are contracted through third-party vendors, according to a source familiar with the comments. according. A Twitter representative said that bringing content moderators in-house at Twitter would allow the platform…
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Elon Musk loses title of world’s richest man to LVMH’s Arnault: Forbes
Twitter owner and Tesla Inc boss Elon Musk lost his title as the world’s richest person on Wednesday for $44 billion in buying the social media firm and selling shares of his electric-car company, according to Forbes. After his costly bet to bargain. Bernard Arnault, chief executive of luxury brand Louis Vuitton’s parent company, and…
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Musk’s Twitter acquisition is troubling Indian users
The government is using the Information Technology Act to call on Twitter and other social media sites to block content in the “interest of India’s sovereignty”. Many see these laws as a ploy to intimidate and silence opposition politicians, journalists and activists. According to a recent report by the Advocacy Project of Global Voices, an…
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Amazon will resume advertising on Twitter
Amazon.com Inc plans to reinvest advertising on Twitter at about $100 million per year pending some security tweaks to the social media company’s advertising platform, according to tweets from a platform reporter on Saturday. Twitter CEO Elon Musk also said that Apple Inc has resumed advertising on the platform, according to a Bloomberg report, citing…