Jack Dorsey logging out as Twitter CEO is a good thing for investors, contends veteran internet analyst Brent Thill at Jefferies. “I think everyone is excited for the change,” Thill said on Yahoo Finance Live. “The company has not achieved its full vision.” Thill rates Twitter’s stock a Hold. Dorsey said Monday he is stepping down as CEO. He will be replaced by CTO Parag Agrawal, who has been with Twitter for more than a decade. “I’ve decided to leave Twitter because I believe the company is… Source link
Read More »Bitcoin, Ether Lose Ground as Twitter CFO Rules Out Crypto Investment, Dollar Index Hits 16-Month High
Bitcoin, ether, and other major coins face selling pressure as anti-crypto comments from Twitter’s chief financial officer soured the market mood. The continued strength in the dollar index likely added to bearish forces. Bitcoin was trading 4.3% lower on the day near $60,800, while ether was nursing a 5.3% loss at $4,320 at press time, according to CoinDesk data. Litecoin, binance coin, Polkadot’s DOT token, and prominent decentralized finance coins flashed bigger losses. The selling… Source link
Read More »Tesla shares sink as Twitter users back Musk’s 10% stock sale
Elon Musk owns 23% stake in Tesla. Photo: Patrick Pleul/AFP via Getty Images Tesla (TSLA) boss Elon Musk is set to sell 10% of his stock in the company, worth $21bn (£15.6bn) following a Twitter poll he ran at the weekend. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” he tweeted. “Do you support this?” 3.5 million twitter accounts voted 57.9% in favour of the move. Musk, who is the world’s richest man, launched the poll in… Source link
Read More »Twitter User ‘Alexander Delarge’ Charged for Hyping Penny Stocks
(Bloomberg) — The man behind a popular Twitter account that promoted penny stocks was criminally charged for touting securities while simultaneously dumping shares, the latest sign that authorities are setting their sites on the social-media frenzy that’s invaded U.S. equity markets. Most Read from Bloomberg Steven Gallagher, 50, was taken into custody in Ohio Tuesday for running a pump-and-dump scheme that netted him more than $1 million through the Twitter handle, @AlexDelarge6553,… Source link
Read More »Twitter buys Nick D’Aloisio’s free chat app Sphere
Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images LONDON — Twitter announced that it’s acquired a chat app called Sphere, which was co-founded by British serial entrepreneur Nick D’Aloisio. Incorporated in 2016, Sphere started out as a real-time question and answer app… Source link
Read More »Apple appeals Epic Games suit, Google files a counterclaim and Twitter adds more ads – TechCrunch
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American
Read More »Opinion | Facebook, Google and Twitter are the new 'oligarchy of speech' – The Washington Post
As the price of something precious, the dissemination of speech, declines steeply, society is facing some disquieting consequences of the cheap speech that the Internet enables. Among the anomalous responses are conservatives demanding new government regulations of privately owned but liberal-leaning businesses (Facebook, Google, Twitter). And liberals, who excoriated the Supreme Court’s Citizens United decision that corporations and unions have a constitutional right to fund speech about… Source link
Read More »Insurrection committee demands records from Facebook, Google, Twitter
Facebook, Google and Twitter and other technology companies are being asked to hand over records on efforts to overturn the 2020 election and the deadly Capitol attack. Letters sent out Friday by the congressional committee investigating the Jan. 6 violence seek internal reviews, data and communications about social media posts. The House Select Committee is seeking records on policy changes social media companies made, or failed to make, to address the spread of misinformation, violent… Source link
Read More »Twitter denies blue check for Vikings legend Alan Page
Twitter found a novel way to make Minnesota angry on Thursday. It said Alan Page isn’t notable enough for its fabled blue check mark. That would be Alan Page, the Minnesota Vikings legend. Alan Page, the Pro and College Football Hall of Famer. Alan Page, the Minnesota Supreme Court justice. Alan Page, the recipient of the Presidential Medal of Freedom. Alan Page, the namesake of the NFLPA’s community service award. All of that sounds like a fairly notable person — it goes without saying that… Source link
Read More »Twitter adds third-party signup with Apple or Google
Twitter has introduced third-party login support, letting users create accounts and log in to the social network with their Apple or Google accounts (via 9to5Mac). Currently, there doesn’t appear to be a way to link your Apple or Google account to an existing Twitter account, so third-party login is (at least for the moment) limited to accounts created using the feature. The feature reportedly showed up in the Twitter beta last month, but now it appears to be more widely available. I… Source link
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