Social media
Twitter-Musk trial on $44 billion deal set to begin in October after Musk loses effort to delay
Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Twitter won its motion for an expedited trial in its lawsuit against Elon Musk on Tuesday. Delaware Court of Chancery chancellor Kathaleen McCormick ruled in favor of an expedited 5-day trial, to take place in October, after a hearing conducted […]
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YouTube partners with Shopify to add live shopping features
In this photo illustration the logo of Canadian e-commerce company Shopify Inc. is displayed on a smartphone. Thomas Trutschel | Getty Images YouTube announced on Tuesday that it’s partnering with e-commerce platform Shopify to let viewers purchase products without leaving its website. Shares of Shopify were up about 2.5% on the news as of mid-morning. […]
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TikTok owner ByteDance explores self-designed chips as China aims for semiconductor self-sufficiency
While ByteDance is best known for its viral social media app TikTok, the Beijing-based company is now bolstering its ability in semiconductor design. ByteDance won’t be manufacturing chips to sell to others, but it will be designing semiconductors that it requires for specific applications internally. Artur Widak | Nurphoto | Getty Images TikTok owner ByteDance […]
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Twitter fires back at Elon Musk’s attempt to delay trial
Elon Musk may tweet about the Twitter deal but not “disparage the company or any of its representatives,” according to a securities filing. Jakub Porzycki | Nurphoto | Getty Images Elon Musk and Twitter continued sparring on Monday, with the social media company slamming the Tesla CEO’s request for a slower trial schedule. Musk is […]
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Snapchat is finally coming to the web after more than a decade as a mobile app
Snapchat founder and CEO Evan Spiegel attends a session during the Viva Technology show in Paris on June 17, 2022. Eric Piermont | AFP | Getty Images After over a decade as a mobile-only service, Snapchat is coming your desktop. Snap, the parent of the popular photo and messaging app, said Monday that it’s debuting […]
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Elon Musk asks court to reject Twitter’s request for speedy trial
“The past two years have been an absolutely nightmare of supply chain disruptions, one thing after another, and we are not out of it yet,” Tesla CEO Elon Musk said. Patrick T. Fallon | Reuters Elon Musk wants time to prepare for a trial over his contentious withdrawal from an agreement to buy Twitter for […]
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Twitter board urges shareholders to approve sale to Elon Musk
The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters Twitter’s board of directors unanimously recommended that its shareholders vote to approve Elon Musk’s $44 billion acquisition of the company. Twitter […]
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TikTok’s global security chief to step down — internal memo
Rafael Henrique | Sopa Images | Lightrocket | Getty Images TikTok’s global chief security officer Roland Cloutier, who oversees cyber security, is stepping down from his role but will stay at the company, according to an internal memo seen by Reuters. “With our recent announcement about data management changes in the U.S., it’s time for […]
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Pa. Senate candidate Fetterman turns to Snooki to mock opponent Dr. Oz for Jersey ties
Snooki (Nicole Polizzi) attends the 2019 MTV Video Music Video Awards held at the Prudential Center in Newark, NJ. Efren Landaos | Lightrocket | Getty Images Democratic Senate candidate John Fetterman is getting some help from reality-T.V. star Nicole “Snooki” Polizzi to take digs at his Republican opponent, Dr. Mehmet Oz, for living in New […]
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Musk says Tesla can lower car prices if inflation ‘calms down’
Tesla CEO Elon Musk said in a tweet Friday that the electric car company could lower prices if inflation “calms down.” The Bureau of Labor Statistics reported a higher-than-expected inflation rate this week with the consumer price index rising 9.1% from a year ago. Tesa increased the prices of all of its car models in […]
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