Crypto exchange Binance, Musk’s co-investor, to help Twitter with blockchain
2 years, 1 month ago

Crypto exchange Binance, Musk’s co-investor, to help Twitter with blockchain

The Hindu  

Binance, the world's largest crypto exchange that has invested $500 million into Elon Musk's buyout of Twitter Inc., is creating a team to work on how blockchain and crypto could be helpful to Twitter, the company's spokesperson said on Friday. As one of Elon Musk's equity co-investors to fund his $44 billion deal, Binance said it will brainstorm plans and strategies that could help Elon Musk run the platform. Musk's Twitter takeover saga came to an end on Thursday when the deal officially closed after months of twists and turns in and outside the courtroom, and Musk immediately fired top chief executives at the social media platform. It's unclear how actively involved co-investors like Binance could be in Twitter's future as a minority investor, since Musk fully controls the board and decision-making in the now-private Twitter.

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History of this topic

Justin Sun wants to be the Musk of crypto
9 hours, 22 minutes ago

Justin Sun wants to be the Musk of crypto

Live Mint  

President-elect Donald Trump’s newest ally in the cryptocurrency markets is a Chinese-born entrepreneur who has been accused of fraud by U.S. regulators and recently spent $6.2 million on a banana. Justin Sun, founder of the Tron blockchain, invested $30 million in the Trump family-backed crypto project World Liberty Financial in November. Sun’s World Liberty investment looks like an attempt to …

Bitcoin price hits new all-time high above $100,000 on optimism over Donald Trump’s crypto plans
2 weeks, 5 days ago

Bitcoin price hits new all-time high above $100,000 on optimism over Donald Trump’s crypto plans

Live Mint  

Bitcoin price, the price of the world's largest cryptocurrency, has broken its $100,000 ceiling for the first time, hitting an all-time high on December 5 amid steps from United States President-elect Donald Trump which show his backing for the sector. I believe Bitcoin will continue to shape the future.” Mike Novogratz, founder and CEO of crypto firm Galaxy Digital told …

The rise of the tech bro-conomy: How Trump presidency could make world's crypto bros BILLIONS with experts predicting Bitcoin to hit $100K next year as shares in Elon Musk's Tesla soar
1 month, 1 week ago

The rise of the tech bro-conomy: How Trump presidency could make world's crypto bros BILLIONS with experts predicting Bitcoin to hit $100K next year as shares in Elon Musk's Tesla soar

Daily Mail  

Donald Trump's election victory has poured rocket fuel on the tech and crypto-focused 'Bro-conomy' - and British bros are among those hoping to cash in. 'Bro in Chief' and prominent Trump supporter Elon Musk has also benefitted handsomely from Mr Trump's victory, and shares in Tesla up more than 40 per cent since election day - pushing his net worth …

Elon Musk’s ChatGPT-killer xAI to raise $1 billion to invest in Grok, other bots, take on OpenAI
1 year ago

Elon Musk’s ChatGPT-killer xAI to raise $1 billion to invest in Grok, other bots, take on OpenAI

Firstpost  

Elon Musk-led xAI, the makers of ChatGPT-killer Grok, is planning to raise a $1 billion investment by offering equity shares. xAI faces competition from companies such as OpenAI, creator of ChatGPT, in which Musk was involved before departing in 2018 xAI, the artificial intelligence startup founded by tech mogul Elon Musk, has filed with the Securities and Exchange Commission to …

The Real Story of Musk’s Twitter Takeover
1 year, 3 months ago

The Real Story of Musk’s Twitter Takeover

Live Mint  

In April 2022, things were going surprisingly well for Elon Musk. “Fixing Twitter by chatting with Parag won’t work," Musk answered. ‘I made an offer.’ Musk says that it became clear to him when he got to Hawaii that he would not be able to fix Twitter or turn it into X.com by going on the board: “I decided I …

Column: Elon Musk has replaced Twitter with X — and an actual business with science fiction
1 year, 4 months ago

Column: Elon Musk has replaced Twitter with X — and an actual business with science fiction

LA Times  

Before Elon Musk entered the picture, Twitter had a real, and mostly sustainable business model. A reporter for TechCrunch, a website famous for reflecting Silicon Valley optimism, wrote, simply, “It’s trash.” The tech world spent the following days trying to read the tea leaves, to game out Musk’s plans and motives for overhauling — some would say desecrating — one …

Twitter CEO working to bring advertisers back to platform
1 year, 5 months ago

Twitter CEO working to bring advertisers back to platform

The Hindu  

Twitter's new chief executive, Linda Yaccarino, is working on a slew of measures to bring back advertisers who left the platform under Elon Musk's ownership, including introducing a video ads service, pursuing more celebrities and raising headcount, the Financial Times reported on Wednesday. Yaccarino, who started as CEO on June 5, is planning to launch full-screen, sound-on video ads that …

‘Twitter was corroding society, I bought it and made it better,’ says Elon Musk
1 year, 6 months ago

‘Twitter was corroding society, I bought it and made it better,’ says Elon Musk

Firstpost  

At the VivaTech conference in Paris, Musk revealed the real reason why he bought Twitter. He claimed that Twitter was causing the society to corrode, and that he took over, and made it better Ever since Elon Musk acquired Twitter in a highly publicized $44 billion deal, the popular micro-blogging platform has undergone significant changes. Musk bought Twitter because it …

Twitter’s new chief echoes Elon Musk’s goal in first memo to employees as she takes charge
1 year, 6 months ago

Twitter’s new chief echoes Elon Musk’s goal in first memo to employees as she takes charge

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Twitter’s new chief Linda Yaccarino has sent her first memo to employees which …

Twitter to pay verified creators for ads in replies, Musk says
1 year, 6 months ago

Twitter to pay verified creators for ads in replies, Musk says

The Hindu  

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. Since Tesla CEO Musk acquired …

Elon Musk picks advertisement executive Linda Yaccarino as Twitter CEO
1 year, 7 months ago

Elon Musk picks advertisement executive Linda Yaccarino as Twitter CEO

The Hindu  

Elon Musk on May 12 said he has chosen top In a tweet, Mr. Musk said he would remain in charge of design and technology at Twitter, with Ms. Yaccarino focusing primarily on business operations and turning Twitter into an “everything app” called X. “I am excited to welcome Linda Yaccarino as the new CEO of Twitter!” Mr. Musk wrote …

Elon Musk says he has found new Twitter CEO
1 year, 7 months ago

Elon Musk says he has found new Twitter CEO

The Hindu  

Elon Musk said on May 11 he has found a new chief executive for Twitter without naming the person and that he will transition to the role of chief technology officer of the social media platform within the next few weeks. — Elon Musk May 11, 2023 Former YouTube CEO Susan Wojcicki, former Yahoo CEO Marissa Mayer and a top …

Column: Elon Musk broke what made Twitter great. It’s going to cost him — and us
1 year, 7 months ago

Column: Elon Musk broke what made Twitter great. It’s going to cost him — and us

LA Times  

Twitter once aspired to be the town square of the internet. Things have been trending in this direction since Elon Musk took over the platform in October, but it’s clearer what Twitter has become in the wake of the Great Blue Check-opalypse of 2023. To most of Twitter’s users, the blue check mark had become not a widely desired service, …

This day last year, Musk offered to buy Twitter. Timeline of what happened next
1 year, 8 months ago

This day last year, Musk offered to buy Twitter. Timeline of what happened next

Hindustan Times  

Elon Musk is the owner of Twitter, and leaves no stone unturned to flaunt that he owns it. April 25, 2022: The social media platform accepts Musk's offer and announces the deal valuation at $44 billion. July 19, 2022: Delaware court says that trial in lawsuit by Twitter against Musk should take place in October. October 4, 2022: Musk proposes …

Musk says owning Twitter ‘painful’ but needed to be done
1 year, 8 months ago

Musk says owning Twitter ‘painful’ but needed to be done

Associated Press  

LONDON — Billionaire Elon Musk has told the BBC that running Twitter has been “quite painful” but that the social media company is now roughly breaking even after he acquired it late last year. After buying Twitter for $44 billion last year, Musk’s changes included eliminating the company’s communiciations department. Musk predicted that Twitter could become “cash flow positive” in …

Elon Musk defends paid Twitter on eve of blue tick deadline
1 year, 8 months ago

Elon Musk defends paid Twitter on eve of blue tick deadline

Hindustan Times  

Elon Musk on Friday defended his controversial pay model for Twitter, claiming that any social media platform that didn't follow suit would fail because they would be swarmed by bots. Musk made his prediction on the eve of Twitter's April 1 ultimatum that verified accounts with the cherished blue tick that had not forked over cash would lose it. Already …

Elon Musk bought Twitter for $44bn five months ago. He says its value now is…
1 year, 8 months ago

Elon Musk bought Twitter for $44bn five months ago. He says its value now is…

Hindustan Times  

Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago, according to an internal email seen by American news media. Twitter CEO Elon Musk The email to employees referred to a new stock compensation program in the San Francisco-based company and …

Elon Musk bought Twitter 5 months ago for $44 billion and now it is $20 bn company, here is what happened
1 year, 8 months ago

Elon Musk bought Twitter 5 months ago for $44 billion and now it is $20 bn company, here is what happened

India Today  

Whether you accept it or not, Elon Musk and his Twitter purchase deal have been the most talked-about topic in the last six months. In fact, Musk bought Twitter for $44 billion after months of negotiation, but today the company's value is only $20 billion, which is less than half of the original price. While what happens at the end …

Elon Musk puts $20 billion value on Twitter, says report
1 year, 8 months ago

Elon Musk puts $20 billion value on Twitter, says report

Firstpost  

Musk said in December that Twitter is on track to be ‘roughly cash flow break-even’ in 2023 as top advertisers slashed their spending on the social media platform after the billionaire’s takeover Twitter Inc CEO Elon Musk has offered the social-media company’s employees stock grants at a valuation of nearly $20 billion, the Information reported on Saturday, citing a person …

Elon Musk announces new Twitter features, users ask for previously promised updates
1 year, 9 months ago

Elon Musk announces new Twitter features, users ask for previously promised updates

The Hindu  

Twitter CEO Elon Musk on Sunday announced three new upcoming features on the social media platform but users have been asking about earlier changes promised in February. However, as the updates were promised, users asked about the status of the ad revenue sharing model, which would let Twitter Blue subscribers take some of the revenue for the ads shown in …

Elon Musk makes Twitter algorithm available for everyone: Know-why?
1 year, 10 months ago

Elon Musk makes Twitter algorithm available for everyone: Know-why?

India TV News  

Elon Musk, CEO of Twitter has said that the micro-blogging platform will be making its algorithm an 'open source' by next week, and the move has been taken to improve it 'rapidly'. "Prepare to be disappointed at first when our algorithm is made open source next week, but it will improve rapidly!" Last week, Musk stated that the micro-blogging platform …

‘Still can’t believe Elon bought Twitter’: Internet user. Musk replies THIS
1 year, 10 months ago

‘Still can’t believe Elon bought Twitter’: Internet user. Musk replies THIS

Live Mint  

Billionaire Elon Musk completed the $44 billion deal and took over Twitter last October. “haha I still can’t believe Elon bought Twitter,” Whole Mars Catalog tweeted. Meanwhile, Twitter has also seen advertisers flee amid worries about Musk's approach to content moderation rules, impacting its revenue. Musk in November also pointed out that Twitter had seen a "massive" drop in revenue …

Twitter CEO Elon Musk Plans WeChat-Like Payments System That Includes Crypto
1 year, 10 months ago

Twitter CEO Elon Musk Plans WeChat-Like Payments System That Includes Crypto

ABP News  

Twitter under Elon Musk is now working on a payments system that will support accepted currencies with crypto functionality embedded into it. Twitter has been teasing about bringing payments to its platform as Musk wants it to become "an everything app" like China's WeChat. "Buying Twitter is an accelerant to creating X, the everything app," Musk said in October last …

Twitter working on payments feature
1 year, 10 months ago

Twitter working on payments feature

The Hindu  

Twitter Inc. is working to introduce payments on the social media platform and has begun applying for regulatory licenses, the Financial Times reported on Monday, citing people familiar with the matter. New boss Elon Musk is pushing Twitter to create new streams of revenue as it faces a drop in advertising income, following his $44-billion takeover of the company in …

Now see data of stocks, crypto within a tweet; Elon Musk unveils a unique financial feature on Twitter
2 years ago

Now see data of stocks, crypto within a tweet; Elon Musk unveils a unique financial feature on Twitter

Live Mint  

Elon Musk on Thursday unveiled a unique feature on Twitter that is essentially designed for investors, traders, financial experts, and organisations. "When you Tweet the symbol of a major stock, ETF, or cryptocurrency with a $ in front of it, people on Twitter see a clickable link that takes them to search results. Since taking over Twitter on 27 October, …

Elon Musk is finally running out of gas at Twitter
2 years ago

Elon Musk is finally running out of gas at Twitter

Live Mint  

Elon Musk, Twitter Inc.’s new owner and until recently the world’s richest person, has spent most of the past two months pouring his time, energy and finances into the highest-profile social network on the internet. “The question is finding a CEO who can keep Twitter alive.” When Lex Fridman, the popular AI researcher and podcaster, offered to run Twitter on …

Elon Musk to step down as Twitter CEO
2 years ago

Elon Musk to step down as Twitter CEO

Live Mint  

Elon Musk will step down as the Twitter CEO, the world’s richest man has just announced. As a result of Musk's takeover, the federal government is expanding its probe into Twitter's privacy and data security policies, according to people with knowledge of the situation who spoke to Bloomberg. On December 20, The US Federal Trade Commission expanded its investigation into …

Elon Musk seeks additional funds for Twitter
2 years ago

Elon Musk seeks additional funds for Twitter

Live Mint  

Ross Gerber, a shareholder in Twitter and Tesla, says he has been approached to put more money into the social-media platform. Mr. Gerber said his firm had previously put up less than $1 million to back Mr. Musk’s takeover of Twitter, which was completed in late October at a price of $54.20 per share. It was his second round of …

Elon Musk Teases Twitter 2.0 With Focus On Long-Form Content And Full Videos For Blue Subscribers
2 years ago

Elon Musk Teases Twitter 2.0 With Focus On Long-Form Content And Full Videos For Blue Subscribers

News 18  

Elon Musk on Sunday revealed his Twitter 2.0 — The Everything App, saying that the new user signups are at an all-time high and the company is now actively recruiting. Musk, who sacked more than half of Twitter’s workforce, said that “world-class software aces are joining Twitter”. After relaunching Twitter ‘Verified’ with Blue badge for $8, Musk will now bring …

Elon Musk's backers cheer him on, even if they aren't sure what he's doing to Twitter
2 years, 1 month ago

Elon Musk's backers cheer him on, even if they aren't sure what he's doing to Twitter

NPR  

Elon Musk's backers cheer him on, even if they aren't sure what he's doing to Twitter Enlarge this image toggle caption Dimitrios Kambouris/Getty Images for The Met Museum/ Dimitrios Kambouris/Getty Images for The Met Museum/ Elon Musk's acquisition of Twitter has not exactly taken off like a rocket. And Musk's decision to put blue checkmarks — Twitter's confirmation of a …

Elon Musk says he will run Twitter for “some time” until it is strong
2 years, 1 month ago

Elon Musk says he will run Twitter for “some time” until it is strong

The Hindu  

Twitter CEO Elon Musk on Thursday corrected claims that he was looking for someone to replace him at the social media company he recently took over after a $44 billion deal. Attributing the information to the Wall Street Journal, a Twitter account reported that Musk planned to find someone to “replace him as acting CEO of Twitter.” The account which …

Tesla investors worried as Elon Musk 'works and sleeps' at Twitter HQ
2 years, 1 month ago

Tesla investors worried as Elon Musk 'works and sleeps' at Twitter HQ

Hindustan Times  

In 2018, Elon Musk was working through the night and sleeping at Tesla Inc's factories in California and Nevada as the company struggled to ramp up production of the Model 3. Munster said he expects Twitter to consume Musk's attention for the next six to 12 months, adding that Tesla was a more developed company than in earlier days and …

Elon Musk says Twitter to soon enable organisations to identify their associated accounts
2 years, 1 month ago

Elon Musk says Twitter to soon enable organisations to identify their associated accounts

The Hindu  

Twitter's billionaire owner Elon Musk on November 13 said that Twitter will soon enable organisations to identify Twitter accounts associated with them as the new Twitter owner continues to find ways to limit fake accounts on the platform. The social media platform paused its recently announced $8 blue check subscription service on Friday as fake accounts mushroomed, and new owner …

Elon Musk warns ‘Twitter bankruptcy possible’ if cash burn lingers
2 years, 1 month ago

Elon Musk warns ‘Twitter bankruptcy possible’ if cash burn lingers

Hindustan Times  

Elon Musk, in his first address to Twitter Inc. employees since purchasing the company for $44 billion, said that bankruptcy was a possibility if it doesn’t start generating more cash, according to people familiar with the matter. When he was asked about the prospect of attrition, Musk said, “We all need to be more hardcore.” In discussing Twitter’s finances and …

Elon Musk's First Email To Twitter Employees Ends Work From Home
2 years, 1 month ago

Elon Musk's First Email To Twitter Employees Ends Work From Home

ABP News  

After a chaotic takeover of Twitter, the new boss Elon Musk in his first email to company employees announced the ending of remote work. Musk, mentioned in the email that remote work would no longer be allowed and that Twitter employees would be expected to report to the office for at least 40 hours per week, says a report by …

Elon Musk’s past tweets reveal clues about Twitter’s new owner
2 years, 1 month ago

Elon Musk’s past tweets reveal clues about Twitter’s new owner

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “I hope that even my worst critics remain on Twitter, because that is what free speech means,” …

7 Changes in 7 Days: What modifications has Elon Musk made at Twitter so far?
2 years, 1 month ago

7 Changes in 7 Days: What modifications has Elon Musk made at Twitter so far?

Live Mint  

In just one week since Elon Musk took charge of Twitter, the world's richest person has made several changes at the micro blogging company including lay offs, $8 for for blue tick, content council, advertising, home page, etc. The Tesla boss, who will also serve as chief executive of Twitter or ‘Twit Chief’, has announced the following actions in the …

Twitter spent years building its staff. Under Musk, job cuts have already begun
2 years, 1 month ago

Twitter spent years building its staff. Under Musk, job cuts have already begun

LA Times  

Hiring is challenging for every industry, but especially tech. “Competition for highly skilled personnel is intense,” Twitter said in its 2014 annual report, shortly after the company went public. But laying off 50% of a company’s workforce is “out of any norm,” Anat Lechner, business professor at the New York University Stern School of Business, said Thursday before news of …

Binance CEO Changpeng Zhao says support for free speech is reason he invested in Twitter
2 years, 1 month ago

Binance CEO Changpeng Zhao says support for free speech is reason he invested in Twitter

The Hindu  

The chief executive of Binance, the world's largest crypto exchange, said he was "extremely supportive" of freedom of speech and that was the main reason why his company decided to invest $500 million into Elon Musk's buyout of Twitter Inc. Binance's Changpeng Zhao, known as CZ, who is an active Twitter user with over 7 million followers, said there were …

Elon Musk begins to shake up product leadership at Twitter
2 years, 1 month ago

Elon Musk begins to shake up product leadership at Twitter

Hindustan Times  

Elon Musk is expected to appoint new product leadership inside Twitter, and met over the weekend with close friends and advisors on how best to change the service he just bought for $44 billion. New product leadership at Twitter is just one of a number of anticipated changes at the company following Musk’s recent takeover. The new owner is likely …

Celebrities threaten to leave Twitter as Elon Musk becomes owner
2 years, 1 month ago

Celebrities threaten to leave Twitter as Elon Musk becomes owner

The Independent  

Sign up to our free IndyArts newsletter for all the latest entertainment news and reviews Sign up to our free IndyArts newsletter Sign up to our free IndyArts newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Plan auto-renews until cancelled Try for free Mia Farrow Actor Farrow threatened to leave the …

‘Tantalising carrot’: Elon Musk on receiving auto-generated mail from Twitter
2 years, 1 month ago

‘Tantalising carrot’: Elon Musk on receiving auto-generated mail from Twitter

Hindustan Times  

Elon Musk is known for his tweets which keep his followers entertained. In a latest tweet, Musk tweeted claiming he got an auto-generated mail from the microblogging platform he owns asking him to start managing Twitter@101. Twitter's new owner Elon Musk is making sweeping changes in the microblogging platform after acquiring it last Thursday. Ever since he took control of …

Dogecoin surges on Elon Musk’s Twitter deal
2 years, 1 month ago

Dogecoin surges on Elon Musk’s Twitter deal

The Hindu  

Dogecoin surged more than 70% on Saturday, extending this week's gains after Elon Musk sealed a $44-billion deal to take over Twitter last week. Cryptocurrency exchange Binance which has invested $500 million into Musk's buyout of Twitter, said it is brainstorming strategies on how blockchain and crypto could be helpful to Twitter. Musk's tweets on Dogecoin, including the one where …

Elon Musk takes over Twitter but where will he go from here?
2 years, 1 month ago

Elon Musk takes over Twitter but where will he go from here?

Associated Press  

Elon Musk has taken control of Twitter after a protracted legal battle and months of uncertainty. As concerns rise about the direction of Twitter’s content moderation, European Union Internal Market Commissioner Thierry Breton tweeted to Musk on Friday that “In Europe, the bird will fly by our rules.” Breton and Musk met in May and appeared in a video together …

Twitter Users Flock to Other Platforms as the Elon Era Begins
54 years, 11 months ago

Twitter Users Flock to Other Platforms as the Elon Era Begins

Wired  

A week before Elon Musk closed his $44 billion Twitter deal, Cassie LaBelle, a writer who is part of a transgender community on Twitter, started a Discord server. “No one has what Twitter has.” For her, Twitter served as a place for trans people to meet, to date, and to post with anonymity if they are fearful of harassment or …

Elon Musk to Chief Twit: A Twitter takeover story
2 years, 1 month ago

Elon Musk to Chief Twit: A Twitter takeover story

Live Mint  

Micro-blogging platform Twitter is now Elon Musk's beetle bug as he completed the $44 billion takeover deal after months of uncertainty that clouded the employees and stakeholders. Elon Musk rejects seat on Twitter board Tesla chief's rejection of a seat on the board was understood by Parag Agarwal's statement, “I believe this is for the best,” Agrawal later wrote in …

Elon Musk has bought Twitter. Now what?
2 years, 1 month ago

Elon Musk has bought Twitter. Now what?

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The ‘everything app’ “Buying Twitter is an accelerant to creating X, the everything app,” Musk tweeted in …

Elon Musk and his plans for Twitter. Here are the 5 things that can change
2 years, 1 month ago

Elon Musk and his plans for Twitter. Here are the 5 things that can change

Live Mint  

After spending months to seal the deal with Twitter, Elon Musk now officially owns the social media platform. He also mentioned that he has some ‘big’ plans for the platform as the ‘future civilisations need a common digital town hall to carry out healthy debate’. Platform for healthy debates: Opening up to the advertisers on Thursday, Musk mentioned it will …

Elon Musk Now Owns Twitter
54 years, 11 months ago

Elon Musk Now Owns Twitter

Wired  

After months spent trying to undo the deal he initiated, Tesla founder Elon Musk will pay $44 billion to take ownership of Twitter, honoring an agreement made in April. Late yesterday, The Washington Post reported that several top executives had been fired, including CEO Parag Agrawal, CFO Ned Segal, chief counsel Sean Edgett, and policy chief Vijaya Gadde, who Musk …

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