Twitter shares have plunged to their lowest level since the social media company agreed to sell itself to Elon Musk for $44 billion(roughly Rs. 3,37,465 crore) on April 25, raising questions over whether the world’s richest person will try to renegotiate the deal. On Tuesday, the implied probability of the deal closing at the agreed
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Elon Musk’s $44 billion (roughly Rs. 3,37,465 crore) deal to take Twitter private could mark the end of the social media platform’s advertising business, many in the ad industry have worried. But in the weeks since April 25 when the Tesla chief executive announced the deal, Madison Avenue’s attitude to Musk’s upcoming version of Twitter
Twitter co-founder Jack Dorsey has supported Elon Musk’s plan to reinstate Donald Trump’s account, asserting that the decision to ban the former US President was “a failure.” Trump was permanently suspended from Twitter following the January 6 Capitol Riots for violating the platform’s rules against violence incitement, a decision the company has said was taken
EU industry chief Thierry Breton met Tesla boss Elon Musk in Texas on Monday and the two signalled agreement on EU digital media regulation ahead of Musk’s purchase of Twitter. The meeting comes weeks after the world’s richest man clinched a deal to buy the social media company for $44 billion (roughly Rs. 3,40,270 crore) in
BharatPe on Tuesday said it has initiated necessary action against a former founder to claw back his restricted shares following a governance review. In a statement, the firm said it will take all steps to enforce its right under the law. In January 2022, the board of BharatPe initiated the corporate governance review of the
Tesla CEO and SpaceX founder Elon Musk said he would significantly increase work ethic standards in Twitter once he officially acquires the social media platform. Last week, Twitter said it agreed to be acquired by Musk in a deal worth $44 billion (roughly Rs. 3,40,400 crore), although it is still subject to shareholder approval. “Work ethic expectations
EU industry chief Thierry Breton will meet Tesla boss Elon Musk in Texas on Monday to discuss global supply chain issues and the bloc’s newly agreed rules requiring tech giants to do more to police online content, Breton’s spokesperson said. The meeting comes weeks after the world’s richest man clinched a deal to buy social
WhatsApp is reportedly testing a companion mode feature with a few of its beta users that allows them to add a secondary device as a companion for their primary phone with WhatsApp on it. With this update, users can access the same instant messaging account on different smartphones or tablets. Earlier, WhatsApp launched multi-device support
Elon Musk is expected to become Twitter’s temporary CEO after closing his $44 billion (roughly Rs. 3,37,465 crore) takeover of the social-media firm, a person familiar with the matter said on Thursday, as the billionaire inches closer to securing funds for the deal. Musk, the world’s richest man, is also the CEO at Tesla and
WhatsApp has started rolling out emoji reactions to all its users — a move to counter the likes of Telegram, Apple’s iMessage, and Slack, and similar to WhatsApp’s sister platform Instagram. The ability to react to both individual and group chats on the app using emojis was announced last month and has been in testing
Twitter for Android is reportedly working on a host of new features, including support for adding both pictures and videos to the same tweet. Among the features under work are Statuses, Awards, and pronouns page. A recent report indicated that Twitter is testing a new feature called Twitter Circle where users can handpick a smaller
Social media platform Facebook (Now Meta) on Thursday filed its response in the Delhi High Court on the petition related to the suspension of social media accounts. Meta said that it is a private entity and does not discharge public function and therefore the jurisdiction of the High Court cannot be invoked against it. Meta
A whistleblower group is accusing Facebook of deliberately blocking websites for Australian hospitals and emergency services as part of a negotiating tactic last year. The social network owned by Silicon Valley tech giant Meta was lobbying to weaken a proposed law requiring it to pay news providers in Australia when it blocked all such content
Pinterest TV Studio app has been silently launched and is available for select creators on its platform. The new app is currently available on both Android and iOS. The Pinterest TV Studio app is said to make it easier for creators to livestream. It will allow creators to start a livestream with improved streaming setup,
Bengaluru’s traffic has often messed up our minds. The traffic jam is a great trouble for daily commuters. Needless to say that delivery agents in Bengaluru also have to face this problem every day for hours at a stretch to provide orders to customers’ doorsteps. Given the daily hustle of hour-long traffic and scorching hear, a Swiggy
Elon Musk’s decision to accept some foreign investors as part of his $44 billion (roughly Rs. 3,37,000 crore) buyout of Twitter runs the risk of inviting the kind of regulatory scrutiny over US national security that social media peer TikTok faced, legal experts say. Musk disclosed on Thursday that Saudi Arabia’s Prince Alwaleed bin Talal, Qatar’s sovereign wealth
The US Federal Trade Commission (FTC) is reviewing Tesla Chief Executive Elon Musk’s $44 billion (roughly Rs. 3,37,465 crore) takeover of Twitter, Bloomberg News reported on Thursday, citing a person familiar with the deal. The FTC declined to comment, while Musk could not be reached for comment. The agency will decide in the next month whether
Bill Gates has finally spoken about Elon Musk’s move to buy Twitter, days after speculation of a serious disagreement between the two billionaires. He expressed uncertainty, and warned that Tesla’s CEO could actually make Twitter a “worse” platform. The Microsoft co-founder also said that he is unsure of Musk’s motive of buying the platform. In
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