Social media
Reddit reports better-than-expected results for second quarter as digital ad market improves
Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange on March 21, 2024. Timothy A. Clary | AFP | Getty Images Reddit reported second-quarter results on Tuesday that topped analysts’ estimates. Here are the key numbers: Loss per share: 6 cents vs. the loss of 33 cents […]
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Elon Musk’s X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover
Jakub Porzycki | Nurphoto | Getty Images Elon Musk’s social media platform X has sued a group of advertisers, alleging that a “massive advertiser boycott” deprived the company of billions of dollars in revenue and violated antitrust laws. The company formerly known as Twitter filed the lawsuit Tuesday in a federal court in Texas against […]
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Elon Musk slammed by government after comments on UK riots
Elon Musk attends ‘Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk’ session during the Cannes Lions International Festival Of Creativity 2024 – Day Three on June 19, 2024 in Cannes, France. Marc Piasecki | Getty Images LONDON — The U.K. government hit back at Elon Musk after the billionaire made […]
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Elon Musk’s X AI shared false election information after Biden dropped out, officials say
Muhammed Selim Korkutata | Anadolu | Getty Images Five secretaries of state on Monday urged Elon Musk to fix his social media platform X’s artificial intelligence search assistant after it allegedly shared false information about the 2024 presidential election. The secretaries in a letter to Musk said that X’s AI chatbot Grok misled users about […]
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Tech stocks wrap up steepest three-week slump in two years, led by plunge in Amazon and Intel
Signage outside the Nasdaq MarketSite in New York on March 23, 2023. Stephanie Keith | Bloomberg | Getty Images With second-quarter earnings from tech’s mega-cap companies largely in the rearview mirror, one thing is clear: Wall Street is nervous. The Nasdaq slumped 3.4% this week, bringing its three-week slide to 8.8%. It’s the worst performance […]
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‘I love my black job’: Simone Biles takes apparent swipe at Trump after winning Olympics gold
Simone Biles of Team USA reacts after competing on the vault during the Artistic Gymnastics Women’s Qualification on day two of the 2024 Paris Olympics at Bercy Arena in Paris on July 28, 2024. Jamie Squire | Getty Images Sport | Getty Images American gymnast Simone Biles appeared to take a swipe at former President […]
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DJT shares jump after Trump Media rolls out TV streaming plan
STR | Nurphoto | Getty Images Trump Media said Friday it has started rolling out a TV streaming service that aims to air “neglected” content on its social media platform Truth Social. The company’s stock price, which trades under the ticker DJT on the Nasdaq, jumped more than 6% Friday morning on the heels of […]
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How an Elon Musk PAC is using voter data to help Trump beat Harris in 2024 election
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters If a voter in Michigan performs a search on Google, a somewhat shocking ad might pop up. […]
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Turkey blocks Instagram throughout country amid complaints of censorship of Hamas posts
Didem Mente | Anadolu | Getty Images Turkey blocked access to Instagram for its 85 million people, the country’s Information and Communication Technologies Authority announced Friday morning. “Instagram.com has been blocked by a decision on the date of 02/08/2024,” local media cited a post on the authority’s website as saying. According to Turkish media, there […]
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DoorDash shares pop 13% on second-quarter revenue beat
A DoorDash driver on an electric bicycle wearing a cooler backpack with the skyline of San Francisco in the background. Smith Collection | Gado | Getty Images Shares of DoorDash popped 13% in extended trading on Thursday after the company reported second-quarter results that beat analysts’ expectations for revenue. Here is how the company did, […]
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