Musk uses UK as test market for blue verification badges as £6.99 feature on Twitter goes live across Britain November 10, 2022 Twitter’s new social media platform’s subscription service has gone live across Britain. The service allows users to buy a blue verification badge for the first time. Twitter users on Apple’s iOS can now sign up and pay for the Twitter Blue service, which will give them the blue-tick badge next to their profile name on [...]
‘Too weak’: Sadiq Khan slammed over Tube strike TODAY November 10, 2022 Greater London Authority’s Conservatives have blamed mayor Sadiq Khan for today’s Tube strike. “Londoners are facing yet another disruptive strike under Sadiq Khan’s watch, despite his broken promise of zero strikes,” GLA transport spokesperson Nick Rogers said yesterday “Militant unions are striking because they know Sadiq Khan is too weak to stand up to them [...]
Nigel Farage backs Simpson’s Tavern campaign railing against City becoming ‘corporatised and homogenised’ November 9, 2022 Brexit campaigner Nigel Farage has thrown his weight behind the campaign to save the historic Simpson’s Tavern, as a crowdfunding campaign approached £80,000. The former UKIP and Brexit Party leader, who worked in the city before entering politics, penned an op-ed this week blaming the ‘work from home culture’ as a contributing factor to the [...]
Twitter pauses paid blue-tick launch for US midterms November 8, 2022 Twitter confirmed that it would be delaying the rollout of its paid-for verification until after the US midterm elections, temporarily abating fears about fake account misinformation campaigns. As the new social media chief, Elon Musk has laid out plans to allow users to purchase blue-tick verification for their profiles – a privilege that is usually [...]
Richard Branson facing US lawsuit is sign of the times for the young space industry November 8, 2022 The lawsuit Richard Branson is facing in the US over claims he hid Virgin Galactic’s problems from shareholders is a sign of the times, as investors become rattled by a young market’s growing pains. The British billionaire has been accused of defrauding shareholders into overpaying for the space tourism company’s shares, a US judge said [...]
Mass layoffs at Meta: Is Facebook’s ‘absolute monarch’ Mark Zuckerberg finally listening? November 8, 2022 Facebook-owner Meta did not do well with investors during and after the latest earnings releases. Large institutional investors concluded that founder Mark Zuckerberg is not listening to investor concerns over capital expenditure plans for next year and ballooning operating expenses. But the Wall Street Journal is writing that Meta is now planning a large layoff [...]
All eyes on Biden vs Trump today: US midterms to usher in two years of gridlock November 8, 2022 The sharp decline in the US dollar markets saw on Friday continued yesterday as the greenback lost ground across the board, with the pound benefiting the most, pushing above the 1.1500 area, as markets looked ahead to this week’s Q3 GDP number, and next week’s autumn budget. The weakness in the US dollar came despite [...]
Rishi Sunak torpedoes Boris Johnson’s Britannia ship as £250m plans sink to the bottom of the Brexit pond November 7, 2022 As part of government efforts to cut spending, a £250m plan to build a successor to the Royal Yacht Britannia has been scrapped, the Ministry of Defence confirmed this afternoon. The national flagship plan was sunk by Rishi Sunak’s administration as Whitehall braced for cuts in the November 17 autumn statement by Chancellor Jeremy Hunt. [...]
Twitter lay-offs begin as Elon Musk warns of ‘massive drop’ in revenues November 5, 2022 Elon Musk has begun laying off thousands of Twitter workers after warning the social media company is losing more than $4m a day due to a “massive drop” in advertising revenues. The tech billionaire began pushing forwards with plans to lay off around half of Twitter’s 7,500 staff, just more than a week after completing [...]
Elon Musk abandons Hyperloop project months after ramping up testing November 3, 2022 Elon Musk has reportedly abandoned his futuristic high-speed transportation project Hyperloop just six months after announcing plans to begin “full-scale” testing. Hyperloop has been ‘indefinitely shelved’, according to Bloomberg today. The eccentric billionaire’s $44bn takeover of social media giant Twitter finalised last week, making him the ‘Chief Twit’ of yet another technology heavyweight. The ambitious [...]