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      ‘Scale is survival’: UK broadcasters race to merge as streaming giants squeeze revenues

      Studios revenue rose three per cent to £893m, driven by an 11 per cent jump in external sales to streaming platforms.

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      Uefa blasts Fifa over Infantino plan to ‘sell football’s soul’ for $4bn

      Gianni Infantino holding the FIFA World Cup trophy while speaking at a podium.

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elon musk

  • Twitter explainer: What are rate limits and why are they causing advertising headaches

    July 4, 2023

    Twitter advertising troubles may have gone from bad to worse after Elon Musk has put his foot in it again – this time by restricting users’ viewing limits over data concerns. On Saturday, the billionaire ex-CEO of Twitter imposed a temporary ‘rate limit’ on all users, effectively capping the number of Tweets that accounts can [...]

  • Musk vs Zuck: Twitter and Facebook bosses agree to a… cage fight

    June 22, 2023

    Twitter CEO Elon Musk and Facebook owner Meta’s boss Mark Zuckerberg appear to have agreed to a cage fight. The social media billionaires will scrap it out after Musk, who also owns Tesla, said he was “up for a cage fight” with his tech giant rival. Zuckerberg posted a story on Instagram this morning, showing [...]

  • Twitter may be worth a third of what Musk paid for it last year, figures show

    June 1, 2023

    Twitter may now be worth one third of what Elon Musk paid for the social media platform just seven months ago, figures show. Financial services company Fidelity has reduced the market value of its equity stake in Twitter for a third time, now putting it at $6.55m (£5.28m). That is down from the nearly $20m [...]

  • Elon Musk rubbishes Tesla exist chatter and commits to ‘try a little advertising’ too

    May 17, 2023

    Elon Musk has dismissed speculation he may step down as Tesla’s boss – and told the company’s annual shareholders meeting the electric car and solar panel firm will start doing some advertising. “Say it ain’t so,” a shareholder said to Musk about stepping down as Tesla’s chief executive. “It ain’t so,” he replied. When another [...]

  • Elon Musk announces successor as Twitter chief – and that it’s now called X Corp

    May 12, 2023

    Elon Musk said that he has found a new CEO for Twitter, or X Corp, as it is now called. He did not initially name the person but said she will be starting in about six weeks when the announcement was made on Thursday. On Friday he took to the site to say the new [...]

  • Twitter could introduce encrypted messaging feature today, Musk says

    May 10, 2023

    Twitter could release an encrypted messaging feature on its app today, the company’s chief executive Elon Musk said.  In a tweet on Tuesday, Musk said that an encrypted direct messaging feature “should” be rolled out today. In theory, this would mean only the sender and recipient of the message could read it.  “The acid test [...]

  • Musk relaunches Tesla flagship model at lower price as supply chain backlog lifts

    May 3, 2023

    Tesla Inc  has resumed taking orders for its Model 3 long-range version in the United States, the company’s website showed late on Tuesday, after a temporary halt last year due to delivery backlogs. The long-range version of the entry-level Model 3 is priced at $47,240 currently, about 18.5% less than the $57,990 it was priced at [...]

  • Musk: Media publishers can start charging for one-off articles shared on Twitter

    May 1, 2023

    Twitter will roll out a new feature allowing media publishers to charge users on a per-article basis, the company’s chief executive Elon Musk said on Saturday.  Musk said this would allow users who did not want to sign up for monthly subscriptions to pay a higher per article price to read one article. In a [...]

  • SpaceX Starship: Elon Musk owned rocket – the biggest and most powerful ever – explodes minutes after take off

    April 20, 2023

    SpaceX’s Starship – the biggest and most powerful space rocket ever developed – has exploded minutes after blasting off. The launch, which took place from SpaceX’s Starbase in the US state of Texas, came after a stuck valve forced a launch attempt on Monday to be aborted. While Thursday’s launch saw the rocket leave the [...]

  • Elon Musk working on AI tool to compete with ChatGPT

    April 16, 2023

    Elon Musk is reportedly planning to launch an AI tool to rival OpenAI’s ChatGPT. The billionaire founder of SpaceX and Tesla is gathering a team of AI researchers and has acquired the graphics processing units needed to produce the AI tool, the Financial Times reported. Musk is also in talks with SpaceX and Tesla investors [...]

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