ELON MUSK TWITTER DOWN
Donald Trump injured but safe after apparent assassination bid at campaign rally
Former US president Donald Trump was deemed "safe" after being rushed off stage when gunshots were fired at a campaign rally in Pennsylvania on Saturday. This shocking incident has heightened tensions in the run-up to the 2024 election. As the gunshots rang out, the 78-year-old Trump grimaced and clutched a hand to his right ear. Blood soon became visible across his face.
X's community notes feature not quite there yet
X’s community notes was supposed to be an ally in the battle against digital misinformation. But 100 days after its India launch, the feature is yet to establish a solid footing in a diverse country fraught with unique challenges.
Elon Musk beats $500 million severance lawsuit by fired Twitter workers
Elon Musk won dismissal of a $500M severance lawsuit for mass layoffs at Twitter. Judge Trina Thompson ruled ERISA irrelevant. Twitter’s 2019 plan promised more than the post-buyout one month of pay without benefits. Plaintiffs may amend the complaint. Case McMillian et al v. Musk et al, Northern District of California. Musk leads Tesla, Forbes.
TCS Q1 results; Pine Labs, Swiggy valuations slashed
Indian IT bellwether TCS kicked off the tech earnings season with a 9% YoY growth in net profit for the June quarter. This and more on today's ETtech Top 5.
X tests dislike button: Here's how users reacted to it
Elon Musk's X is testing a dislike button, drawing mixed reactions. Users fear increased negativity and manipulation, while some plan to target Musk with dislikes. The button design mirrors the like button but with a downward arrow. This development parallels YouTube's hidden dislike counts. The feature's future remains uncertain, pending further testing and user feedback.
Elon Musk's Neuralink says tiny wires of brain chip in first patient now stable
The company is now taking risk mitigation measures such as skull sculpting and reducing carbon dioxide concentration in the blood to normal level in patients, the company's executives said in a live stream on social media platform X.
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Tesla's share of US electric car market falls below 50%
Tesla's dominance in the U.S. electric vehicle market slipped below 50% in Q2 as sales surged to a record. Tesla's market share dropped to 49.7% from 59.3% a year earlier, losing ground to GM, Ford, Hyundai, and Kia. Overall U.S. EV sales rose 11.3% year-over-year, with over 330,000 electric vehicles sold in Q2, accounting for 8% of new car sales.
Elon Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit
Elon Musk seeks to dismiss lawsuit from former Twitter shareholders over delayed stake disclosure. Shareholders claim he saved $200 million by waiting to reveal his 9.2% ownership. Musk denies fraud allegations, stating it was a mistake. SEC also looked into his Twitter stock purchases. Lawsuit led by Oklahoma pension fund.
What cooked Koo's goose, a case study
Marketing becomes more complicated, as does navigating jurisdictions of countries where English isn't significantly in use. Investors may see these expenses as disadvantageous to a local-language microblogging site when there are immensely dominant mainstream forces at play. Even with the anti-X support Koo enjoyed at home, its global ambitions may have been lofty.
Why did Elon Musk warn Bill Gates? Will he be able to annihilate Microsoft's founder? Know controversy in detail
Elon Musk hopes that he will be able to transform Tesla into an AI giant with a net worth of $30 trillion and he wants to change from selling EVs to operating a lucrative fleet of robotaxis and humanoid robots.
Elon Musk' layoff statement from April prompted Tesla to start slashing down workforce?
Elon Musk's net worth stands at $208.4 billion, as per reports, with main sources of revenue coming from Tesla and SpaceX, one of which is currently in the gray area around employee layoffs. Tesla's internal reports reportedly show a significant slash in employee count within a matter of a few months, shortly after Tesla CEO Elon Musk announced back in April that the company was planning to reduce its workforce by 10%.
Elon Musk's X demands repayment from former Australian employees over pay error
Elon Musk's X admitted to a currency conversion error when paying out entitlements, which sometimes resulted in overpayments of up to $70,000. Earlier last year, thousands of former Twitter employees claimed they were cheated out of severance pay when the billionaire laid them off after acquiring the social media platform.
Apple AI leaves Elon Musk bitter
Elon Musk's strong opposition to Apple's AI plans, particularly regarding OpenAI integration, led to threats of banning Apple devices at his companies. Musk's concerns about data privacy, security, and truth-seeking AI prompted the launch of his own AI company, xAI. Suggestions for Musk and X to develop privacy-focused phones or partner with Apple rivals were met with positive responses.
Tesla CEO Elon Musk's pay package gets support from 77% of votes at investor meet
Tesla investors voted overwhelmingly in favor of Elon Musk's $56 billion pay package at the annual meeting, with 77% approval despite opposition from institutional investors and proxy advisory firms. Retail investors showed strong support. The largest pay package in U.S. corporate history faced legal challenges, with a Delaware judge voiding it earlier in the year.
Elon Musk responds to claims about Amazon tribe's porn addiction from Starlink internet: What did SpaceX CEO say?
Elon Musk has addressed false claims suggesting that the Marubo tribe in the Amazon became addicted to pornography after gaining access to Starlink internet. These claims originated from a New York Times article, which described some tribe members sharing explicit content in private chat groups. The New York Times later clarified that their article had been misrepresented, stating that the tribe is not addicted to pornography
PM Modi responds to Elon Musk's congratulatory message, says India's stable policies continue to facilitate business environment
Prime Minister Narendra Modi expressed gratitude to Elon Musk, CEO of Tesla and SpaceX, for congratulating him on his electoral victory in the 2024 Lok Sabha elections. Modi responded to Musk's post on the social media platform X, emphasizing India's talented youth, demographic advantage, stable democratic system, and predictable policies, which create a conducive business environment. Musk had congratulated Modi on his victory and expressed anticipation for his companies to engage in exciting work in India.
Australian watchdog drops court fight with X over violent posts
Australia's online watchdog on Wednesday dropped a legal effort to force Elon Musk's X to remove posts depicting the violent stabbing of a Sydney priest. The watchdog had ordered Musk's company to globally remove about 65 video and audio clips of the April 15 non-fatal attack in a church.
Tesla shareholder sues Musk for alleged $7.5 billion insider trading
A Tesla shareholder filed a lawsuit accusing CEO Elon Musk of insider trading by selling over $7.5 billion of Tesla shares before disappointing production numbers were public.
Elon Musk ramps up anti-Biden posts on X
Elon Musk criticizes President Joe Biden on social platform X, expressing his disapproval of Biden's policies and leadership. Musk's frequent posts about Biden signal his influence on X's political discourse.
Tesla shareholders advised to reject Musk's $56 bln pay
Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk, which if passed would be the largest pay package for a CEO in corporate America.
Tesla shareholders advised to reject Musk's $56 billion pay
Glass Lewis, a proxy advisory firm, has advised Tesla shareholders to reject a $56 billion pay package for CEO Elon Musk, citing reasons like its "excessive size," potential dilution of shares, and Musk's involvement in time-consuming projects, including the purchase of Twitter. The package, proposed by Tesla's board, is based on the company's market value reaching $650 billion over 10 years. Glass Lewis also criticized Tesla's proposed move to Texas, calling it risky for shareholders. Tesla has defended the package, citing Musk's role in the company's growth.
Fake US election-related accounts proliferating on X, study says
A report by Cyabra revealed that fake accounts on the X platform are influencing the U.S. presidential election. Cyabra's vice president, Rafi Mendelsohn, highlighted the coordinated campaign by fake accounts, with 15% supporting Trump and 7% supporting Biden. Twitter profiles were also analyzed for authenticity.
Are social media algorithms causing psychological harm to children? Elon Musk thinks so
Elon Musk, CEO of Tesla and father of nine, recently expressed significant concerns about the impact of social media on children. Speaking at the VivaTech fair in Paris, he emphasized the dangers posed by AI algorithms designed to maximize user engagement through increased dopamine levels, making children particularly vulnerable. Musk urged parents to limit their children's exposure to social media, highlighting the potential psychological harm.
What is 'Black Twitter'? Everything you need to know about Hulu docuseries on Black Lives
A new documentary seeks to document everything on X, formerly known as Twitter related to recent black lives including its history, pop culture and more. A fear of content on X being erased led to this documentary production.
Twitter's domain is now officially x.com, Elon Musk 'tweets'
Elon Musk, owner of Tesla and X, confirmed that Twitter's rebrand to 'X' is complete, with all core systems migrated to x.com. Users now make 'posts' instead of 'tweets,' with a logo change to a white X on a black background. The app, now definitively X, embraces a new slogan: "Blaze your glory!"
Elon Musk's diplomacy: Woo right-wing world leaders. Then benefit
Elon Musk strategically leverages his Twitter ownership to support right-wing heads of state like Javier Milei, Jair Bolsonaro, and Narendra Modi. His endorsements lead to corporate benefits for Tesla and SpaceX in Argentina, Brazil, and India.
Australian court lifts order blocking X on church stabbing video
Australian court rejects bid to extend order for X, owned by Musk, blocking videos of bishop's stabbing. Legal tussle with PM Albanese. Musk criticises censorship, refuses global post removal. Geo-blocking ruled ineffective.
Elon Musk may be compelled to testify again in SEC's Twitter takeover probe
Elon Musk faces possible testimony in SEC's Twitter takeover investigation. Lawyers resist SEC's efforts. Probe centers on Musk's Twitter stock purchase. Previous rulings favored SEC. Dispute ongoing since Musk's 2018 tweet.
Elon Musk's X Corp loses lawsuit against Israeli data-scraping company
X Corp's legal battles over copyright violations against data-scraping companies were dismissed by Judge Alsup, raising concerns about monopolistic information control and copyright ownership in public data use.
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