After Elon Musk turns down board seat: With 211m users worldwide, is Twitter the next social media giant to die? April 11, 2022 Sixteen years after its launch and with 211 million users, Twitter has long been considered one of the original social media platforms. However, as the likes of TikTok make rapid gains in popularity, it seems today’s social media users are being drawn away from the hard news and conflict of Twitter debate, to more positive environments. [...]
Elon Musk turns down Twitter board after asking 80m followers: ‘Is it dying?’ April 11, 2022 Elon Musk, the man behind Tesla and SpaceX, has turned down a spot on Twitter’s board, after being revealed as the platform’s majority shareholder. New Twitter CEO Parag Agrawal confirmed this morning: “Elon has decided not to join our board. “I believe this is for the best.” Musk was due to step onto the board [...]
Elon Musk suggests Twitter Blue subscribers pay with Dogecoin April 10, 2022 Elon Musk has suggested a slew of changes to Twitter Blue's subscription model including permitting Dogecoin payments.
Tesla boss Elon Musk builds largest and ‘most advanced car factory’ on Earth April 8, 2022 Tesla boss Elon Musk claims to have built the largest factory in the world by volume, at its grand opening last night. The billionaire tech entrepreneur’s Giga Texas Tesla factory, 338m cubic feet in volume, is also hoped to be the biggest battery cell facility in the world “over time”. Speaking at the Cyber Rodeo [...]
Putin’s invasion of Ukraine is a war against old and new and tanks versus TikToks April 7, 2022 Three decades ago, the white, blue and red Russian flag was raised in Moscow, signaling the end of the Soviet Union. Right around that time, the English computer scientist Tim Berners-Lee invented the World Wide Web and introduced the first website. Today, we can see the impact of the end of the USSR on the [...]
Twitter confirms edit button in the works as Musk effect kicks in April 6, 2022 Twitter is already feeling the Elon Musk effect after confirming that it was working on a new edit button for its users. The new feature will allow Twitter goers to change their tweets once they have been posted, enabling typo fixes and changes without losing likes or retweets. The platform’s premium subscription service Twitter Blue [...]
Fast fashion retailer Shein hits $100bn valuation with fresh funding round April 6, 2022 Fast-fashion giant Shein has hit a $100bn valuation this week after a fresh funding round, making it the third most valuable startup in the world after Elon Musk’s SpaceX and ByteDance.
The City View: Michael Hewson on the central bank dilemma, equity market resilience, consumer confidence dip April 5, 2022 Today Andy Silvester talks to CMC Markets’ Michael Hewson — they go through the latest on PMI; the effect of inflation and price hikes on consumer confidence; the dilemma central banks face when it comes to hiking rates or not; and market resilience and rebound amidst European turmoil. Andy also takes us through the headlines: [...]
Twitter CEO appoints billionaire entrepreneur Elon Musk to board April 5, 2022 Twitter’s new CEO Parag Agrawal has appointed Elon Musk to the board, after the billionaire tech entrepreneur was revealed as the platform’s largest shareholder yesterday. Based on Friday’s market close, Musk’s 9.2 per cent stake is worth some $2.89bn (£2.2bn), though just a fraction of his net worth of $233bn (£178bn). “He’s both a passionate [...]
Does Twitter need an edit button? Major shareholder Musk polls 80m followers April 5, 2022 Elon Musk has polled Twitter users to ask if they want an edit button, after the billionaire entrepreneur was revealed to be platform’s largest shareholder yesterday. Based on Friday’s market close, the stake is worth some $2.89bn (£2.2bn), though just a fraction of Musk’s net worth of $233bn (£178bn). Musk, the man behind Tesla and [...]