Technology
Elon Musk spent $2.64 billion on Twitter shares so far this year, new filing shows
Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Tesla CEO Elon Musk has been buying Twitter shares on almost a daily basis since the end of January, spending $2.64 billion for […]
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Twitter confirms it is testing edit button after Elon Musk polls followers
Joe Raedle | Getty Images News | Getty Images Twitter is testing an edit button, the company said on Tuesday. The feature has been one of the most requested changes to the social networking service for over a decade. Currently, in order to fix a typo in a tweet, users have to delete it and […]
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Elon Musk’s Twitter board seat raises questions about his plans for the company
BRITTA PEDERSEN | AFP | Getty Images Twitter said on Tuesday that Elon Musk is joining its board. A day earlier, Tesla’s CEO and the world’s richest person disclosed that he’s the social media company’s biggest shareholder. Beyond becoming the latest Silicon Valley drama, investors are trying to figure out what it all means. Twitter’s […]
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Fintech stocks Toast, Affirm drop on analyst concerns about ‘longer-term growth trajectories’
The Toast, Inc. IPO at the New York Stock Exchange, on September 22, 2021. Source: NYSE Shares of Toast and Affirm dropped on Tuesday after analysts at MoffettNathanson said “longer-term growth trajectories are likely to disappoint” at the two fintech companies. Toast, a point-of-sale software provider for restaurants, was down 11% as of Tuesday afternoon […]
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Apple just announced its big annual conference starts June 6, new iPhone software expected
Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California. Brooks Kraft/Apple Inc/Handout via Reuters Apple said Tuesday that its annual developers conference, WWDC, will begin on June 6. The company will hold a launch event on the first day of the […]
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There’s a new way to quickly send U.S. dollars around the world with bitcoin
A visual representation of Bitcoin cryptocurrency. Edward Smith | Getty Images There’s a new and low-cost way to quickly send U.S. digital dollars around the world without a bank. And it’s built on bitcoin. Blockchain start-up Lightning Labs announced Tuesday that it’s launching the Taro protocol, a technology that will route fiat-pegged stablecoins and other […]
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Microsoft wants to help business customers simplify those annoying software updates
Satya Nadella, chief executive officer of Microsoft Corp., speaks during the Windows 10 Devices event in New York on Oct. 6, 2015. Microsoft Corp. introduced its first-ever laptop, three Lumia phones and a Surface Pro 4 tablet, the first indication of the company’s revamped hardware strategy three months after saying it would scale back plans […]
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Elon Musk to join Twitter’s board of directors, teases ‘significant improvements’
Joe Raedle | Getty Images News | Getty Images Elon Musk will join Twitter’s board of directors after taking a 9.2% stake in the social media company, according to a release filed with the SEC. Shares were up more than 5% in premarket trading. “Through conversations with Elon in recent weeks, it became clear to […]
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UBS says Meta could rally 28% from here as Instagram Reels monetization ramps up
A ramp up in user engagement data could drive shares higher for the social media platform, analysts say. Source
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Amazon signs massive rocket deal with 3 firms, including Bezos’ Blue Origin, to launch internet satellites
Artist renderings of the companies’ rockets, from left to right: New Glenn, Vulcan Centaur, and Ariane 6. Blue Origin / United Launch Alliance / Arianespace Amazon on Tuesday announced what it says is the biggest rocket deal in the commercial space industry’s history, signing on with three companies for up to 83 launches of its […]
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