In a surprising turn of events, Tesla, once the leader in global electric vehicle (EV) sales, faced a setback as Chinese automaker BYD claimed the top spot in the fourth quarter of 2023. The competition from Chinese electric car brands has led Tesla to revise its ambitious sales targets, causing a 7.5% drop in Tesla…
SpaceX, the aerospace manufacturer led by multi-billionaire Elon Musk, is under scrutiny as it faces allegations of unlawfully firing eight employees who openly criticized Musk’s leadership. According to a complaint filed by a regional official at the National Labor Relations Board (NLRB), the workers sent an open letter to SpaceX executives in 2022 outlining their…
A federal judge has ruled that X, formerly known as Twitter, must proceed to face a lawsuit accusing the company of reneging on promised bonuses for its staff after being acquired by billionaire Elon Musk in October 2022. The judge dismissed X’s motion to dismiss the case, allowing the lawsuit to move forward. Employees of…
In a heated tirade, Tesla and SpaceX CEO Elon Musk has vehemently criticized companies participating in an advertising boycott of X (formerly Twitter), warning that their actions may lead to the demise of the social media platform. Speaking at the New York Times’ DealBook Summit, Musk accused advertisers, including Disney, Apple, and Comcast, of attempting…
A significant number of major advertisers have pulled their support from X, the social media platform led by Elon Musk, following his recent endorsement of an antisemitic conspiracy theory aligned with White supremacists. The high-profile withdrawal includes global media giants such as Disney, Paramount, NBCUniversal, Comcast, Lionsgate, and Warner Bros. Discovery, the parent company of…
Elon Musk, the owner of X (formerly Twitter), unveiled the arrival of “Grok,” an artificial intelligence-powered chatbot with a penchant for sarcasm, akin to Musk’s own sense of humor. Musk shared the news late Saturday, indicating that Grok is in its initial phases of training, with access to real-time information from the platform, facilitated by…
X, the social media company formerly known as Twitter and now under Elon Musk’s leadership, is facing legal troubles as the National Labor Relations Board (NLRB) has filed a complaint against the company. The complaint alleges that X unlawfully terminated an employee who had encouraged coworkers to resist the company’s return-to-office mandate. According to the…
In a revelation dating back to January 2022, Errol Musk, father of tech mogul Elon Musk, disclosed that he turned down his son’s generous offer to gift him a Tesla car and have it shipped to his residence in South Africa. The decision was based on the considerable expenses associated with shipping and import fees,…
Elon Musk’s X Corp, the parent company of the platform previously known as Twitter, has filed a lawsuit against California’s Attorney General over the state’s new content moderation law. The law, known as AB 587, was signed by California Governor Gavin Newsom in September of the previous year. It mandates that social media companies must…
U.S. highway safety regulators are launching an investigation into a potentially hidden feature within Tesla’s Autopilot software. This feature, informally referred to as “Elon mode,” can reportedly disable the safety prompts that remind drivers to keep their hands on the steering wheel. Authorities are now seeking information from Tesla regarding whether consumers could exploit this…
The anticipated showdown between tech moguls Mark Zuckerberg and Elon Musk appears to be in jeopardy, with Zuckerberg expressing his frustration and signalling a desire to put an end to the saga. Zuckerberg, CEO of Meta, the company formerly known as Facebook, declared that Musk’s commitment to the proposed cage fight lacked sincerity, prompting him…
Some content creators on the social media platform, X, formerly known as Twitter, yesterday, woke up to receive payments for ads displayed on their feeds by the company. The payment, which started in the United States of America last month, saw Nigerian users display various sums received from the micro-blogging platform. The company announced the…
The long-anticipated face-off between tech moguls Elon Musk and Mark Zuckerberg is set to take place on X, formerly known as Twitter, according to Musk’s recent tweets. The platform’s owner shared his preparations for the fight, stating that he would be “lifting weights throughout the day” and confirmed that all proceeds from the event would…
The San Francisco Department of Building Inspection officials made an observation on Monday morning regarding the removal of the new “X” sign on top of the building previously known as Twitter’s headquarters. The department’s spokesman, Patrick Hannan, reported that the sign was being dismantled. This development comes in response to the company being served a…
Kanye West’s Twitter account, now known as Ye, has been reinstated on the social media platform, X (formerly known as Twitter). However, the musician will not be able to monetize his account, and ads will not appear next to his posts, as stated by the company to the Wall Street Journal on Saturday. The account…
In a surprising move, tech mogul Elon Musk, owner of Twitter, has embarked on a radical rebranding campaign, introducing a striking change to the social media platform’s logo. In an early Sunday announcement, Musk declared his intention to replace Twitter’s iconic bird logo with the letter “X.” The transformation began swiftly, as Musk tweeted on…
In a surprising turn of events on Sunday, billionaire entrepreneur Elon Musk took to his official Twitter account to announce some major changes coming to the popular social media platform, Twitter. Musk declared that Twitter would be bidding farewell to its iconic bird logo, replacing it with an “X,” and furthermore, all the birds would…
Elon Musk, the billionaire owner of Twitter, has revealed via Twitter that the platform is still facing financial challenges due to a 50% drop in advertising revenue and a “heavy debt load,” resulting in negative cash flow. In response to a follower’s business advice, Musk tweeted, “Need to reach positive cash flow before we have…
Elon Musk has announced the establishment of a new company, xAI, focusing on artificial intelligence, in his ongoing efforts to create a competitor to ChatGPT. The newly unveiled xAI company has launched a website and assembled a team of twelve employees, with Musk at the helm, and plans to collaborate closely with X (Twitter), Tesla,…
Elon Musk’s persistent Twitter foe, Jack Sweeney, has migrated to Meta’s competing platform, Threads, after launching an account named “elonmusksjet” last week. Sweeney gained attention for his ElonJet Twitter account, which used a bot to track Musk’s private jet, leading to Musk offering him $5,000 to stop posting the jet’s location. In December, Musk permanently…
Twitter’s future hangs in the balance as the launch of rival app Threads from Meta threatens its already struggling business, with the new app surpassing 100 million users in less than a week, raising concerns about Twitter’s ability to retain its audience. Recent data from Cloudflare and Similarweb shows a noticeable decline in Twitter usage,…
Last year brought a series of challenges for Meta CEO Mark Zuckerberg, from the Facebook Papers revelations to skepticism surrounding the company’s rebranding as Meta. However, an unexpected turn of events involving Elon Musk and Twitter shifted the spotlight onto a new battleground, with Zuckerberg emerging as the victor. In the ever-evolving landscape of social…
In less than 48 hours, Meta’s Twitter rival Threads has gained over 70 million sign-ups, prompting concerns about the accumulation of power for Meta and CEO Mark Zuckerberg, as some users worry about a potential monopoly. The success of Threads can be attributed to the dissatisfaction with Elon Musk’s ownership of Twitter and the integration…
Twitter is considering legal action against Meta, the parent company of Facebook, following the launch of Meta’s new Twitter competitor, Threads, signaling Twitter’s view of the app as a significant rival. In a letter sent to Meta CEO Mark Zuckerberg by Twitter’s attorney, it is alleged that Meta engaged in trade secret theft by hiring…
Meta’s newly-launched Threads app attracted 30 million users 24 hours after it was launched, according to Mark Zuckerberg, the CEO of Meta, who described the app as a “friendly” competitor to Twitter, owned by Elon Musk since October; experts believe Threads could appeal to dissatisfied Twitter users due to recent changes on the platform. “Wow,…
Meta, the parent company of Facebook, has launched its latest app, Threads, in a direct challenge to Twitter’s real-time conversation space. The app, which bears many similarities to Twitter in terms of layout and features, aims to provide a platform for real-time conversations and connecting with like-minded people. Meta CEO Mark Zuckerberg expressed his vision…
The rivalry between Mark Zuckerberg and Elon Musk escalates as Zuckerberg’s Meta teases Threads, a new app challenging Twitter’s real-time conversation space, set to launch on Thursday.Threads, resembling Twitter, emphasizes conversations, building a following, and connecting with like-minded people, according to the App Store description. The App Store description of the app offers a clear…
Twitter users in multiple countries encountered difficulties accessing the social media platform on Saturday, leading to widespread outages and delays. The hashtags “#TwitterDown” and “Rate Limit Exceeded” quickly became top trending topics in the US, with over 40,000 tweets about the issue by Saturday noon. Reports of the outages started surfacing around 8 am EST,…
According to a lawsuit filed on behalf of employees, Twitter did not fulfill its commitment to pay annual bonuses to staff following its acquisition by Elon Musk, despite assurances made by executives prior to the deal’s completion. The lawsuit, seeking class action status, was filed by former senior director of compensation Mark Schobinger and estimates…
Tesla CEO Elon Musk expressed his intention to invest in India “as soon as humanly possible” following a meeting with Indian Prime Minister Narendra Modi in New York. Musk emphasized Modi’s interest in India and the push for significant investments from Tesla, stating that they are determining the right timing for the move. While Musk…
Twitter has experienced the departure of its head of trust and safety, Ella Irwin, just weeks before the company is due to undergo a regulatory stress test conducted by European Union (EU) officials, who are closely examining its handling of user content. This development underscores the ongoing challenges faced by the company under the ownership…
Elon Musk has regained his position as the wealthiest individual in the world, according to the latest Bloomberg Billionaires tally. With an estimated net worth of approximately $192 billion, the CEO of Tesla (TSLA) has surpassed the CEO of LVMH (LVMHF), Bernard Arnault, who currently holds a net worth of around $187 billion. Musk and…
Elon Musk, the 51-year-old billionaire and founder of companies like SpaceX and Tesla, has made it clear that he will not be giving control of his companies to his children. Despite being one of the wealthiest individuals in the world, with an estimated net worth of $188 billion, Musk believes it would be a mistake…
Tesla Chief Executive Elon Musk has warned that the electric-vehicle maker is not immune to the global economic environment, which he said will be difficult for the next 12 months. At the company’s annual shareholder meeting on Tuesday in Austin, Texas, Musk spoke about car demand, making more money than competitors in a slow economy…
Twitter’s owner, Elon Musk, recently announced 59-year-old American media guru of Italian descent Linda Yaccarino as the new Chief Executive Officer of the platform. The announcement instantly made Yaccarino the most trending topic on social media, as many comb the internet to dig out facts about her. Here are 10 interesting facts about the new…
Elon Musk has announced that he has found a new CEO to take over Twitter, months after he first promised to step back from the role. The new CEO will take over at X Corp., which was recently changed from Twitter Inc., in the coming weeks. However, Musk did not provide a name. Reports indicate…
Jack Dorsey has openly criticised the leadership of Twitter’s current chief Elon Musk in a new unfiltered response. Commenting on Friday under a discussion on his new social media platform BlueSky, the Twitter co-founder said “it all went south” after the Tesla chief’s purchase of the platform. He said Musk should have “walked away” from…
Twitter CEO Elon Musk has recently announced that the social media platform will enable media publishers to charge users for individual articles with a single click, which he believes will benefit both the public and media organisations. The feature, which will be rolled out this month, will enable users who do not “sign up for…
Since Elon Musk bought Twitter last year, he has not stopped making decisions that have generated controversy and the South African tycoon has implemented many changes that are causing a lot of annoyance to the platform’s users. As reported on Marca, one of the most talked about has been the removal of the blue verified…
Elon Musk has said he’s “personally” paying for Twitter Blue subscriptions for a few celebrities who declined to subscribe themselves. The Twitter chief confirmed that he is paying for the accounts of William Shatner, Stephen King, and LeBron James to have their blue tick verification badges. “I’m paying for a few personally,” the Twitter CEO…
Twitter Inc is no longer an independent company after it was merged with a shell company called X Corp. A court filing revealed that Twitter no longer exists legally and billionaire Elon Musk’s X Corp has absorbed it. As reported on Independent, a court document submitted in a California court on April 4 suggested that…
The Chief Executive Officer (CEO) of popular microblogging company Twitter, Elon Musk, has changed the company’s logo from “doge” meme back to its former classic blue bird logo. The company also removed the “w” in the company’s name at its headquarters in San Francisco.Confirming the changes, Musk on his Twitter account said he would like…
Elon Musk’s electric car maker Tesla says it is expanding in China as it builds a new factory to make its large-scale batteries. The plant in Shanghai will be able to produce 10,000 of its “Megapack” energy storage units a year, the firm says. A Megapack is a very large battery that can be used…
Twitter’s traditional bird icon was booted and replaced with an image of a Shiba Inu, an apparent nod to dogecoin, the joke cryptocurrency that CEO Elon Musk is being sued over. As reported on CNN, Musk addressed the change, tweeting, “as promised” above an image of a year-old conversation in which another user suggested that…
Octopus, a bowl of ice cream, eight oatmeal biscuits, and a donut. It’s an unusual order, but one you may hear if you went for breakfast with some of the biggest names in the corporate world. Elon Musk is not only using Twitter to update users on company news, insult Bill Gates, and reveal Tesla…
As the days pass, the production start date of the Cybertruck approaches. As reported on The Street, this futuristic pickup truck developed by Tesla (TSLA) is undoubtedly the most anticipated vehicle of the last decade. No vehicle had generated so much excitement, fueled in part by thundering statements from Elon Musk, CEO of Tesla, and…
Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in developing systems more powerful than OpenAI’s newly launched GPT-4, in an open letter citing potential risks to society and humanity. Earlier this month, Microsoft-backed OpenAI unveiled the fourth iteration of its GPT (Generative Pre-trained Transformer) AI…
Parts of the source code which underpins multi-billionaire Elon Musk’s social media platform have been leaked online, Twitter says. It says the code was posted on GitHub, a Microsoft-owned service where software developers share code. It has now been taken down after Twitter requested its removal. Separately, Mr Musk has reportedly signalled to Twitter workers…
Twitter chief executive Elon Musk has apologised over an exchange he had on the platform with an employee. It came after worker Halli Thorleifsson tweeted to Mr Musk saying: “Your head of HR is not able to confirm if I am employed or not”. Mr Musk responded by asking: “What work have you been doing?”…
Tesla founder Elon Musk regained his title as the world’s richest person on Monday. This was reported by Bloomberg. In December 2022 he was dethroned by Louis Vuitton CEO Bernard Arnault, but the rise in value of Tesla shares brought him back to the top of the rankings. As reported on MARCA, Musk’s net worth…
