Social media
Palantir jumps 9% to a record after announcing move to Nasdaq
Alex Karp, CEO of Palantir Technologies speaks during the Digital X event on September 07, 2021 in Cologne, Germany. Andreas Rentz | Getty Images Palantir shares continued their torrid run on Friday, soaring as much as 9% to a record, after the developer of software for the military announced plans to transfer its listing to […]
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Elon Musk’s xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk listens as US President-elect Donald Trump speaks during a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill on November 13, 2024 in Washington, DC. Allison Robbert | Getty Images Elon Musk’s artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC’s David […]
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X rival Bluesky gains 1.25 million users following U.S. election
In this photo illustration, the Bluesky Social logo is displayed on a cell phone in Rio de Janeiro, Brazil, on September 4, 2024. Mauro Pimentel | AFP | Getty Images Micro-blogging startup Bluesky has gained over 1.25 million new users in the past week, indicating some social media users are changing their habits following the […]
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Trump victory may provide TikTok a lifeline to remain in the U.S.
Republican presidential nominee, former U.S. President Donald Trump, (C) greets attendees during a campaign stop to address Pennsylvanians who are concerned about the threat of Communist China to U.S. agriculture at the Smith Family Farm September 23, 2024 in Smithton, Pennsylvania. Win Mcnamee | Getty Images After Donald Trump won the U.S. presidency last week, […]
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Trump Media CFO, two other insiders sell millions of dollars worth of DJT stock
Pavlo Gonchar | Lightrocket | Getty Images The chief financial officer of Trump Media and two other corporate insiders sold more than $16 million worth of company stock in the week following the presidential election, according to new disclosures. Most of the stock was sold by CFO Phillip Juhan, who in August adopted a trading […]
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Australia plans to ban social media for under 16s — and experts have called it a ‘momentous step’
Australia’s government has proposed a social media ban for children under the age of 16 which experts have described as a “momentous step,” as parents globally call for greater regulation of tech companies. Australian Prime Minister Anthony Albanese last week said the legislation will be introduced into parliament this year, with the law coming into […]
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Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands
This picture taken on April 27, 2023 in Toulouse, southwestern France, shows a screen displaying the Meta logo and the European flag. Lionel Bonaventure | Afp | Getty Images Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for European Union users to comply with regulatory demands in the […]
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Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
Elon Musk on stage before Republican presidential nominee former President Donald Trump speaks at a rally at Madison Square Garden in New York, NY on Sunday, October 27, 2024. The Washington Post | The Washington Post | Getty Images Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 […]
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‘It’s gross, it’s unprofessional’: Some LinkedIn users are being put off the platform by unsolicited flirtatious DMs
Chinese spies used Linkedin to get information on German officials, according to Germany’s intelligence agency bfV. studioEAST | Getty Images Some LinkedIn users have reported receiving unsolicited flirtatious messages via the platform, with expert Bernie Hogan at the Oxford Internet Institute saying the employment-focused social website is increasingly being used for dating purposes. Blair Huddy, […]
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Pinterest stock plunges following weak Q4 revenue guidance
Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024. Brendan McDermid | Reuters Pinterest shares plunged as much as 15% on Thursday after the social media company provided soft guidance for its fourth-quarter revenue despite beating on the top and bottom lines with its third-quarter […]
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