Tag: Elon Musk

Twitter is dealing with a “heavy debt load” after losing about 50 percent of its advertising revenue, and that has resulted in the app having a “negative cash flow,” Elon Musk, the company’s owner, wrote on July 14. “We’re still negative cash flow, due to ~50 percent drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before ...

Tesla CEO Elon Musk is once again speaking out against transgender politics, calling upon parents to “fight back” and protect their children from the ideology. “Time for parents to fight back!” the billionaire wrote on Twitter on July 9 in response to a TikTok video posted by an irate father. “I’m literally on fire right now,” said the dad, who ...

Lawyers for Elon Musk have threatened to take legal action against Meta Platforms after the Mark Zuckerberg-owned company this week unveiled a microblogging platform rivaling Twitter called Threads. In a July 5 letter (pdf) addressed to Mr. Zuckerberg, Mr. Musk’s attorney Alex Spiro wrote that Twitter has “serious concerns” that Meta has engaged in “systematic, willful, and unlawful misappropriation of Twitter’s trade ...

Commentary Free speech is a precious thing. It deserves protection. It needs to be cherished. Free speech allows for new, even radical ideas to be considered. Without free speech, which is an expression of free thought, much of what is enjoyed and understood today would be denied us. In debates, the truth will ultimately win out, and the wrong and ...

Elon Musk’s Twitter and other social media giants face the prospect of billions in fines after the Australian government released new laws targeting “misinformation and disinformation.” Following a months-long process, Communications Minister Michelle Rowland released the draft legislation that will grant the country’s media regulatory body, the Australian Communications and Media Authority (ACMA), greater powers to stamp out harmful content ...

Mark Zuckerberg and Elon Musk, the owners of competing social media platforms, could soon get into a cage match if their talk on social media is to be believed. Zuckerberg—who co-founded Facebook and whose Meta Platforms Inc. owns Instagram—has reportedly been preparing a new social media platform to compete with Twitter. Musk, who bought out Twitter in October, knocked the ...

Musk opened up in a recent interview with Zuby regarding parenthood, his various businesses, and topics like online censorship Billionaire Elon Musk expressed his concern about threats to freedom of speech online and warned that big tech firms like Facebook and Google have been manipulating elections globally for some time. One of the main factors that motivated Musk to buy ...

Australia’s eSafety commissioner has issued Elon Musk’s Twitter with a legal notice to explain what it is doing to tackle hate speech on its platform. The commissioner says it has received “more complaints about online hate on Twitter in the past 12 months” than any other platform and alleges an “increasing number” of reports of serious online abuse since Musk ...

Twitter owner Elon Musk said the words “cisgender” and “cis” are now considered slurs on Twitter after a user said they were harassed online by transgender activists. The user wrote that he rejected the word “cis” and “cisgender,” which are often used by transgender individuals to describe heterosexual people. “Yesterday, after posting a Tweet saying that I reject the word ‘cis’ ...

Twitter owner Elon Musk has plans for his social media platform that extend far beyond social networking. In recent months, Musk has been outspoken about his intention to turn Twitter into “X,” an “everything app” that offers a variety of services—like messaging, networking, shopping, financial services, and more—in just one interface. His goal? Advancing civilization, of course. “X/Twitter is going ...

Twitter’s new CEO Linda Yaccarino vowed on June 12 that the platform will become the “world’s most accurate real-time information source” and a “global town square for communication” as part of its expansion toward “Twitter 2.0.” Yaccarino, the former head of advertising at NBCUniversal, was named by Elon Musk as the new CEO of Twitter in May and took over ...

Twitter will soon begin paying verified content creators for ads in their replies, with the first payment block of around $5 million, company owner Elon Musk said on Friday. “Note, the creator must be verified and only ads served to verified users count,” Musk, the billionaire who bought Twitter last October, said in a tweet. The move comes as Twitter’s ...

Commentary When it comes to the creation of powerful platforms, China is best known for TikTok, a highly problematic app that stands accused of being a Trojan horse for the Chinese Communist Party (CCP). But WeChat is China’s most sophisticated creation, by far. In many ways, WeChat is a super-app. With over 1 billion users, WeChat is what you get ...

Twitter owner Elon Musk invited Democrat presidential candidate Robert F. Kennedy Jr. for a discussion on his Twitter Spaces after Kennedy said his campaign was suspended by Meta-owned Instagram. “Interesting… when we use our TeamKennedy email address to set up @instagram accounts we get an automatic 180-day ban. Can anyone guess why that’s happening?” he wrote on Twitter. An accompanying ...

A senior Twitter engineer resigned on Thursday following glitches that marred the highly anticipated Twitter Spaces event in which Florida Gov. Ron DeSantis announced his presidential bid. Foad Dabiri, whose LinkedIn profile says he is Twitter’s engineering lead for growth, announced his resignation but did not mention what prompted the move. In his resignation statement, Dabiri reflected on his time ...

A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times last year in the course of buying the social media company for $44 billion. In a decision on Monday, U.S. District Judge Charles Breyer in San Francisco said plaintiff William Heresniak lacked standing to sue because he challenged “wrongs associated with” Musk’s ...

Elon Musk compared controversial billionaire Democratic donor George Soros to “X-Men” supervillain “Magneto” in a series of tweets on May 15, just days after Soros’s firm disclosed having sold off its stake in Tesla. “Soros reminds me of Magneto,” the Twitter owner wrote, referring to the Marvel comic villain who is a Jewish Holocaust survivor. He added that Hungarian-born investor Soros, 92, “wants to erode ...

Twitter on Monday shared further details about why it restricted access to certain content in Turkey ahead of the country’s election, which took place on May 14. The election is headed to a runoff scheduled for May 28 after neither of the two top contenders got more than 50 percent of the vote. On the day prior to the election, Twitter ...

Elon Musk on Thursday announced the official launch of Twitter’s new encrypted direct messaging (DM) function, urging users to give it a try, but warning that the encryption feature in the early version should not be trusted. “Early version of encrypted direct messages just launched,” Musk stated in a Thursday tweet. “Try it, but don’t trust it yet.” Direct messages ...