LONDON—Elon Musk has unveiled a new black and white “X” logo to replace Twitter’s famous blue bird as he follows through with a major rebranding of the social media platform he bought for $44 billion last year. Mr. Musk replaced his own Twitter icon with a white X on a black background and posted a…
Elon Musk Reveals New Black and White X Logo to Replace Twitter’s Blue Bird
Elon Musk Announces the End of Twitter’s Bird Logo
Elon Musk announced Sunday he is now looking to change Twitter’s bird logo to an “X” in what could be another major change to the social media platform he purchased last year. In a series of posts on his Twitter account that were issued at around 12 a.m. ET, Mr. Musk said that he’s looking…
Meta’s Twitter Alternative Sees Declining Engagement
The social media platform Threads, owned by Facebook’s Meta and being promoted as a Twitter competitor, is losing more and more users, while its leadership says that new features are coming to remedy the situation. Threads was launched in July and hit a peak of 100 million sign-ups initially. However, it has been on a…
Twitter Seeks to Subpoena Sen. Warren After She Called SEC to Investigate Elon Musk, Tesla
July 21, 2023
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Twitter filed a request to subpoena communications between Sen. Elizabeth Warren (D-Mass.) and the U.S. Securities and Exchange Commission (SEC) and Federal Trade Commission (FTC), escalating a legal battle surrounding the social media company’s human resource practices after Elon Musk bought out the company. Twitter’s subpoena request comes as a response to a letter Ms….
House Republicans Seek Transparency on Meta’s Content Moderation Policy on Threads
July 18, 2023
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House Republicans sent a letter demanding Meta answer if policies on its new Twitter-style platform, Threads, violates free speech. The letter, which was obtained exclusively by CNBC, is a hint that Meta’s latest product could bring it further scrutiny in Congress. Rep. Jim Jordan (R-OH), chairman of the House Judiciary Committee, asked Meta CEO Mark Zuckerberg on July 17 to send…
Elon Musk Reveals Twitter Has ‘Negative Cash Flow’ and ‘Heavy Debt’
Elon Musk wrote Saturday that Twitter is dealing with a “heavy debt load” after losing about 50 percent of its advertising revenue and that has resulted in the app having a “negative cash flow.” “We’re still negative cash flow, due to ~50 percent drop in advertising revenue plus heavy debt load. Need to reach positive…
Twitter Has ‘Negative Cash Flow’ and ‘Heavy Debt,’ Musk Reveals
Twitter is dealing with a “heavy debt load” after losing about 50 percent of its advertising revenue, and that has resulted in the app having a “negative cash flow,” Elon Musk, the company’s owner, wrote on July 14. “We’re still negative cash flow, due to ~50 percent drop in advertising revenue plus heavy debt load. Need to…
Elon Musk’s X Corp Sues 4 Entities He Says Are Scraping Twitter Data
Elon Musk’s X Corp., the California-based company that owns and operates Twitter, has filed a lawsuit against four entities in Texas. The lawsuit accuses the defendants of data scraping from the social media site and causing issues for the platform’s users. The lawsuit was filed in a Dallas County District Court on July 6 and…
Twitter Seeks Termination of FTC Order Over Data Practices
Twitter asked a U.S. court on Thursday to terminate a consent order with the Federal Trade Commission that governed the social media company’s data privacy protections, arguing that the regulatory agency has made “unceasing demands.” In a filing with U.S. District Court in San Francisco, Twitter accused the FTC of bias and overreach, saying it…
Canadian Police, Emergency Agencies Consider Adopting Meta’s Threads
As tens of millions of people begin using Threads, Meta’s rival to Twitter, police and emergency response agencies across Canada are considering embracing the new text-based app. For years, Twitter has been a go-to source for the media and the broader public to get real-time information from public agencies, especially on situations that impact safety….
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