Tag: Elon Musk

Musk Reinstates Journalists’ Twitter Accounts Suspended for Doxxing Violations

Twitter CEO Elon Musk has reinstated journalists’ accounts that were earlier suspended for allegedly doxxing his location in real-time, with the temporary suspensions earning the Wikipedia moniker “Thursday Night Massacre” and fueling questions over press freedom on the platform. After the platform updated its policy prohibiting sharing people’s location in real-time—known as doxxing—due to personal…


Elon Musk: Auto Loans Could Be Source of ‘Biggest Financial Crisis Ever’

The automotive market may be under stress as several experts call for a massive wave of repossessions in early 2023, with prominent figures like Tesla founder Elon Musk and Ark Invest’s Cathie Wood sounding the alarm about the potential impact on financial markets. “Potentially the biggest financial crisis ever,” Musk posted on Twitter Friday in response to…


Two Antithetical Billionaires

Commentary Before the midterm November elections, Sam Bankman-Fried was a left-wing billionaire heartthrob. He properly grew up on the Stanford campus, where his parents were well-known left-wing activist law professors. He went to a tony prep school and on to MIT. Bankman-Fried mocked society’s bourgeois capitalist conventions by dressing and looking like a slob in…


Celebrate Elon Musk, but Don’t Lose Sight of Big Tech’s Structural Problems

Commentary The story of Elon Musk’s acquisition, transformation, and public rehabilitation of Twitter is nothing short of remarkable. Here is that rarest of confluences: A right-leaning (or at least right-sympathetic) mega-billionaire privately acquires a disproportionately influential public company out of genuine public-spiritedness, perhaps even a hint of noblesse oblige, and an earnest commitment to preserving…


EU Issues Threat to Elon Musk After Twitter Suspends Mainstream Journalists

The European Union on Friday warned Twitter owner CEO Elon Musk after the platform suspended several journalists for violating his new policy around doxxing. Vera Jourova, a European Commission vice president, wrote on Twitter that the alleged “arbitrary suspension of journalists on Twitter is worrying,” adding that an EU regulatory act “requires respect of media freedom…


Musk Sells 22 Million Tesla Shares Worth $3.6 Billion, Analysts Questioning Tesla Leadership

Elon Musk recently sold millions of shares of his auto firm Tesla, which comes just weeks after the billionaire entrepreneur acquired Twitter. Between Dec. 12 and 14, Musk sold around 22 million Tesla shares valued at roughly $3.6 billion, according to a filing done with the Securities and Exchange Commission (SEC) on Wednesday night. Since…


Elon Musk Polls Twitter Users on Restoring Accounts of Journalists Banned for Doxxing Policy Violations

Elon Musk has clarified Twitter’s recently revised doxxing policy after running a poll that asked users to weigh in on when to reinstate the suspended accounts of journalists who allegedly violated the policy by sharing Musk’s real-time location and “endangering” his family. Twitter on Thursday announced changes to its Private Information policy—commonly referred to as its…


Gates, Bezos Invest in Australian-Designed Brain Implant

Billionaires Bill Gates and Jeff Bezos are betting on the New York-based Synchron as the answer to Elon Musk’s Neuralink. Founded by Australian professors Tom Oxley and Nick Opie, the company on Dec. 16 announced it had closed a $110 million Series C funding round involving Bezos Expeditions, Gates Frontier, and ARCH Venture Partners. The Synchron…


LIVE NOW: NTD Business (Dec. 15): Musk Sells $3.6B in Tesla Stock; US Retail Sales See Biggest Drop in 11 Months

Elon Musk sells even more of his Tesla stock—for the second time since he bought Twitter. But some Tesla investors are not happy about it. Retail sales see their biggest month-over-month drop in nearly a year. What’s behind it? Former President Trump is now selling digital trading cards of himself—including one displaying him as a superhero….


NTD Business (Dec. 15): Musk Sells $3.6 Billion in Tesla Stock; US Retail Sales See Biggest Drop in 11 Months

Elon Musk sells even more of his Tesla stock—for the second time since he bought Twitter. But some Tesla investors are not happy about it. Retail sales see their biggest month-over-month drop in nearly a year. What’s behind it? We talk to an industry analyst. Former President Donald Trump is now selling digital trading cards of…