TWITTER INC

Musk Vows to Close X’s Brazil Operations, Will Maintain Service

Musk Vows to Close X’s Brazil Operations, Will Maintain Service

Elon Musk’s X is closing its operations in Brazil while keeping the service available in the country, according to posts Saturday from the social-media platform. The announcement marks the latest step in a showdown between the world’s richest man and Brazil’s Supreme Court Justice Alexandre de Moraes, who is spearheading efforts to combat fake news and hate speech in Latin America’s largest economy. Source link lol
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Point72 Stake Sends Bitcoin Miner Higher as Short-Seller Attacks

Point72 Stake Sends Bitcoin Miner Higher as Short-Seller Attacks

It’s Steve Cohen’s hedge fund versus an activist short-seller in the stock market today. And so far, Cohen is winning.Bitcoin mining company TeraWulf Inc. rallied as much as 18% on Thursday after Cohen’s Point72 Asset Management disclosed a 1.3% stake in the company in its second-quarter report to the Securities and Exchange Commission. The shares maintained most of those gains following a reportBloomberg Terminal published by Grizzly Research that accused the miner of enriching insiders at the expense of investors. Source link lol
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Meta’s Threads Launches New Tools for Businesses and Creators

Meta’s Threads Launches New Tools for Businesses and Creators

Meta Platforms Inc.’s Threads is rolling out new features it says will make the social network more useful for businesses and digital creators. Threads users can now view data that provide insights into post metrics and follower demographics, and can write multiple drafts of posts, Meta said in a blog post Thursday. Another feature enabling users to schedule multiple posts days in advance is coming soon. The updates are being added to Threads’ web platform first and will eventually roll out on the mobile app. Source link lol
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Musk’s Free Speech Mantra Collides With Crackdowns on Hate Speech and Disinformation

Musk’s Free Speech Mantra Collides With Crackdowns on Hate Speech and Disinformation

Elon Musk’s absolutist version of free speech has thrown the world’s richest man and his X social-media platform into the crosshairs of governments worldwide.In the UK, officials are weighing tougher rules for sites like X after a surge of online disinformation fueled an outbreak of riots. In India, X was ordered this year to remove posts and block certain accounts in response to farmer protests. And in Brazil, Musk is in a running battle with the nation’s highest court over its orders to suspend users who had circulated fake news. Source link lol
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Musk’s X Ordered to Pay Compensation to Dismissed Irish Employee

Musk’s X Ordered to Pay Compensation to Dismissed Irish Employee

Elon Musk’s X has been ordered to pay compensation to a former staff member of its Irish unit in an unfair dismissal case.The social network platform formerly known as Twitter was ordered to pay out over €550,000 ($602,640) to the former employee, Ireland’s Workplace Relations Commission, the state body responsible for adjudicating employment disputes, said on Tuesday. It is the largest sum the agency has ever awarded, according to Irish broadcaster RTE. Source link lol
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Musk Blames Attack on X for Delay to Start of Trump Event

Musk Blames Attack on X for Delay to Start of Trump Event

Elon Musk’s conversation with Republican presidential nominee Donald Trump on the X social-media platform started some 40 minutes after it was scheduled, with the billionaire tech mogul blaming the delay on a cyber attack.“This massive attack illustrates there’s a lot of opposition to people just hearing what President Trump has to say,” Musk said when the event finally began. “This is really aimed at kind of open-minded, independent voters who are trying to make up their mind.” Source link lol
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Trump Returns to X With Several Posts Ahead of Musk Interview

Trump Returns to X With Several Posts Ahead of Musk Interview

Former President Donald Trump posted several times on X, the social network formerly known as Twitter, after more than three years of virtual silence on the platform as he gears up for an interview with owner Elon Musk. Trump, who posted on Twitter at all hours during his presidency, was banned for life from the network following his role in encouraging rioters at the US Capitol on Jan. 6, 2021. After Musk purchased Twitter in late 2022, later renaming it X, he reinstated Trump’s account. But the former president had posted just once since then — a photo of his…
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Google’s Osterloh Looks to Get Jump on Apple With Earlier Launch

Google’s Osterloh Looks to Get Jump on Apple With Earlier Launch

With its hardware event on Tuesday, Alphabet Inc.’s Google is trying to outshine Apple’s annual iPhone launch — and is letting longtime executive Rick Osterloh take center stage.Osterloh, the former president of Motorola who joined Google in 2016, will helm the first major product launch after the company this year unified under his leadership the teams developing hardware and the Android operating system. The reorganization expanded Osterloh’s influence in the company and signaled that Google intends to compete in hardware for the long term. Source link lol
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Ex-Twitter Chairman Sues Elon Musk’s X for $20 Million in Shares

Ex-Twitter Chairman Sues Elon Musk’s X for $20 Million in Shares

Former Twitter Chairman Omid Kordestani sued the social media company, claiming that billionaire owner Elon Musk is refusing to cash out more than $20 million worth of shares he is owed.Kordestani served as the company’s executive chairman from 2015 to 2020 and stayed on the board for two more years, until Musk bought the platform for $44 billion. He said in the complaint that the bulk of his compensation was stock, which he says Musk is refusing to pay out. Source link lol
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