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San Francisco, United States | AFP | Elon Musk took control of Twitter and fired its top executives, US media reported late Thursday, in a deal that puts one of the top platforms for global discourse in the hands of the world’s richest man. Musk sacked chief executive Parag Agrawal, as well as the company’s chief financial officer and its head of legal policy, trust and safety, the Washington Post and CNBC reported citing unnamed […]
New York, United States | AFP | Elon Musk said Thursday he is acquiring Twitter to enable “healthy” debate on a wide range of ideas and counter a trend in which social media splinters into partisan “echo chambers.” The billionaire entrepreneur pursued the deal “because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting […]
San Francisco, United States | AFP | Massive layoffs appear to be on the horizon at Twitter, especially if billionaire Elon Musk completes his $44 billion purchase of the company, the Washington Post reported on Thursday. While pitching his deal to buy Twitter to investors, Musk said he planned to get rid of nearly three-quarters of the firm’s workers, lopping its ranks to just over 2,000 employees, the Post reported. Even if Musk’s deal to […]
San Francisco, United States | AFP | Elon Musk on Wednesday said he is “excited” about taking over Twitter, expressing enthusiasm even though he’s spent months trying to break free of the $44 billion buyout contract. A US judge early this month suspended litigation in the saga over Musk’s proposed takeover of Twitter, giving the parties until October 28 to finalize the on-again, off-again megadeal. Twitter had filed a lawsuit to hold Musk to […]
San Francisco, United States | AFP | by Glenn CHAPMAN Netflix on Tuesday reported that it gained more than 2 million subscribers in the recent quarter, calming investor fears that the streaming giant was losing paying customers. The company said it ended the third quarter with slightly more than 223 million subscribers worldwide, up some 2.4 million, after seeing subscriber ranks ebb during the first half of the year. Netflix shares shot up more […]
SAN FRANCISCO, United States (AFP) — Netflix on Thursday said a subscription option subsidized by ads will debut in November across a dozen countries as the streaming service strives to jumpstart stalled growth. Netflix reported a loss of 970,000 subscribers in the second quarter along with stagnant profits, and its share price is down 63 percent from this time last year despite rising slightly on the ad-tier news. The new “Basic with Ads” subscriptions will […]
SAN FRANCISCO, United States (AFP) — Elon Musk now has his own musk: the Tesla founder said he has launched a new fragrance called “Burnt Hair” and sold $1 million worth of the perfume in days. “Please buy my perfume, so I can buy Twitter,” he wrote on the platform Wednesday. Musk is expected to complete a $44-billion takeover of Twitter by the end of the month. If he fails to do so, a trial […]
San Francisco, United States | AFP | Google on Wednesday said it has allowed Donald Trump’s Truth Social app in its Play Store for Android devices — after receiving assurances it would meet the platform’s standards for moderating harmful content. The app — which Trump launched after being barred from Twitter over the 2021 Capitol riot — had been kept out of Google’s store over its lack of moderation tools, including for violent threats. […]
San Francisco, United States | AFP | A year after it rebranded itself in the name of building a metaverse, Meta on Tuesday unveiled a new version of its virtual reality headset tailored for working professionals. The $1,500 Meta Quest Pro features a number of new features that are meant to improve users’ perception of truly being in the presence of other people. The headset makes it possible to view not only virtual worlds […]
New York, United States | AFP | by John BIERS A US judge on Thursday suspended litigation in the saga over Elon Musk’s proposed $44-billion takeover of Twitter, giving the parties until October 28 to finalize the on-again, off-again megadeal. Delaware Judge Kathaleen McCormick, ruling on a Musk request to freeze the case that had drawn a biting retort from Twitter, said a trial originally scheduled to begin in 11 days could be rescheduled for […]
by Glenn CHAPMAN Agence France-Presse SAN FRANCISCO, United States (AFP) — Elon Musk on Tuesday offered to push through with his buyout of Twitter at the original agreed price, as a trial over his efforts to withdraw from the deal loomed. The world’s richest man said in a filing with the Securities and Exchange Commission that he sent Twitter a letter vowing to honor the contract. The latest twist in the long-running saga came ahead […]
Singapore, Singapore (AFP) Social media sites could be blocked or fined in Singapore if they fail to stop users in the tightly-controlled country from accessing “harmful” content under a proposed law introduced in parliament on Monday. Under the bill, regulators can order social media platforms to block “egregious content” including posts advocating violence and terrorism or depictions of child sexual exploitation. Content that poses a public health risk or that is likely to cause […]
