Social media
Twitter on track for its best day since IPO after Musk buys in
Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. Patrick Pleul | picture alliance | Getty Images Twitter stock is on track for its best day since its IPO, with shares up more than 29%, after an SEC filing revealed Musk acquired a 9.2% passive stake in the […]
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Two key tech execs quit Trump’s Truth Social after troubled app launch
The two Southern tech entrepreneurs had the two qualities that Donald Trump’s Truth Social startup needed: tech-industry expertise and a politically conservative worldview aligned with the former president, a rare combination in the liberal-leaning industry centered in San Francisco. Josh Adams and Billy Boozer – the company’s chiefs of technology and product development – joined […]
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DC attorney general says fighting big tech is like David versus Goliath
Washington, DC Attorney General Karl Racine speaks after a news conference in front of the U.S. Supreme Court September 9, 2019 in Washington, DC. Alex Wong In his battles with Big Tech, District of Columbia Attorney General Karl Racine sees his office as something of an underdog. “In a real way, when you take on […]
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Amazon workers just voted to join a union — here’s what happens next
A demonstrator during the vote count to unionize Amazon workers outside the National Labor Relations Board offices in New York, U.S., on Friday, April 1, 2022. Jeenah Moon | Bloomberg | Getty Images Amazon workers on New York’s Staten Island just made history, becoming the first group to vote in favor of unionizing at a […]
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China’s biggest messaging app WeChat suspends NFT accounts
China has not released specific regulation around non-fungible tokens. But technology platforms like Tencent’s WeChat are taking a cautious approach to prevent speculation with NFTs. Sopa Images | Lightrocket | Getty Images Tencent’s WeChat has suspended some accounts associated with so-called non-fungible tokens (NFTs) and clarified the rules around these digital collectibles. NFTs are effectively […]
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Apple shares on pace for best daily winning streak since 2003
CEO of Apple Tim Cook attends the 2022 Vanity Fair Oscar Party following the 94th Oscars at the The Wallis Annenberg Center for the Performing Arts in Beverly Hills, California on March 27, 2022. Patrick T. Fallon | AFP | Getty Images Apple shares rose on Tuesday, putting them on track to close higher for […]
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Spotify rolls out Covid disclosures two months after Joe Rogan boycott
The Spotify logo on a smartphone arranged in Saint Thomas, U.S. Virgin Islands, on Saturday, Jan. 29, 2022. Gabby Jones | Bloomberg | Getty Images Spotify is rolling out a Covid content advisory tab on podcasts and other content that mentions the coronavirus. Spotify promised the feature, a small blue tab that directs to its […]
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How this risky strategy can leave retail investors vulnerable
“The idea that I used social media to promote GameStop stock to unwitting investors and influence the market is preposterous,” Keith Gill told Congress. Gill — who goes by DeepF——Value on Reddit and Roaring Kitty on YouTube — testified in front of the U.S. House of Representatives’ Committee on Financial Services in February 2021. He […]
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Elon Musk says he’s considering building a new social media platform
Elon Musk pauses and looks down 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 Elon Musk said he is giving “serious thought” to building a new social media platform in a Tweet on Saturday. […]
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The Tesla Roadster is an endangered species — meet the community keeping it alive
The year was 2006, the concept of electric vehicles expensive and impractical. But a small engineering team had an unorthodox vision for a car that could truly showcase the potential of electrification. That summer, then-fledgling start-up Tesla Motors unveiled its tour de force to the world — the Roadster. Right out of the gate, the […]
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