The collapse of cryptocurrency exchange FTX is sending shock waves across the entire crypto industry. CEOs are now in damage control mode, as officials investigate who’s to blame. Tesla CEO Elon Musk is a bit busy right now. Just the mention of how busy he is dropped Tesla stock a little bit. What is he up to? TikTok’s…
NTD Business (Nov. 14): FTX’s Fall Hits Crypto Industry; Elon Musk: ‘Too Much Work on My Plate’
Elon Musk Says He’s Working ‘7 Days a Week’ After Taking Over Twitter
Elon Musk has spoken about his grueling work schedule as the new owner of Twitter and admitted to having “too much” on his plate. The billionaire businessman gave an insight into his workload during a session at the Business 20 conference in Indonesia on Monday. The conference is the official G-20 dialogue forum and is running alongside the…
Digital Culling: The End of Silicon Valley’s Golden Era?
Commentary When billionaire Twitter owner Elon Musk cleaned out 3,700 superfluous Millennials from his company, the internet went crazy. “How dare!” shrieked the celebrities (who fancy themselves to be human rights lawyers). “Sue them!” demanded the Democrats, trampling over each other to profit from the social credit points on offer. The moral outrage was something…
Musk Says Twitter to Soon Enable Organizations to Identify Their Associated Accounts
Twitter’s billionaire owner Elon Musk on Sunday said that Twitter will soon enable organizations to identify twitter accounts associated with them as the new Twitter owner continues to find ways to limit fake accounts on the platform. “Rolling out soon,” Musk said in a tweet on Sunday. “Twitter will enable organizations to identify which other…
Twitter Pauses Blue Check Subscriptions After Wave of Big Brand Impersonations
Twitter paused its recently announced $8 blue check subscription service on Friday and it remained inactive on Saturday after a wave of blue check accounts appeared, impersonating big brands and making embarrassing posts. Several users reported on Friday that the new subscription option for the blue verification check mark had disappeared, while Reuters reported that…
Laid-Off Twitter Employees Sue Musk Over Severance Pay
Recently fired Twitter employees are now suing the social media company after its new owner, Elon Musk, pulled their original severance benefit packages. Five of the former employees, who filed a Nov.1 class action suit against Twitter, are accusing Musk of breaking his promise to allow them to keep at least two months of severance, bonus…
Elon Musk’s Twitter: From Wokeplace To Workplace
Commentary Hyde Park Corner in London has for centuries been a mecca of free speech, dating back to the 12th century when it was the site of Tyburn Gallows and the condemned were allowed to criticize the government with their last words. Stroll about on a Sunday and you might find a Karl Marx doppelganger, replete…
Elon Musk Says He ‘Killed’ New Official Label for Twitter Accounts
Elon Musk said in a tweet on Wednesday that he “killed” the new official label for Twitter accounts, on the same day that it began rolling out. “Please note that Twitter will do lots of dumb things in coming months,” he tweeted. “We will keep what works & change what doesn’t.” Musk backtracked on the…
NTD Business (Nov. 10): Stocks Surge on Moderate Inflation Data; More Woes for Crypto Exchange FTX
Wall Street surges after inflation numbers were lower than expected for October. Will the Federal Reserve slow down its rate hikes? We have analysis. Investors are losing millions of dollars in cryptocurrency exchange FTX. Which company is the latest? Elon Musk reveals big details on Twitter’s future. He gives us his plans on fighting troll farms,…
Elon Musk Urges Advertisers to Give Twitter a Chance as Platform Evolves
Twitter owner Elon Musk told advertisers on Wednesday that he wants the social media platform to “be a force that moves civilization in a positive direction.” The billionaire industrialist hosted an hour-long Twitter Spaces session with representatives from several major companies, including Adidas, Nissan, and Walgreens. Since it was also a public event, approximately 100,000…
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