Tag Archives: Twitters

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. Global app spending reached $65 billion in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by the pandemic has slowed down. But overall, the app economy is continuing to grow, having produced a record number of downloads and consumer spending across both the iOS and… Source link

Former President Donald Trump could soon return to Twitter (TWTR) now that Elon Musk has agreed to move forward with his $44 billion acquisition of the social media company. Musk has said in the past that he doesn’t agree with the lifetime ban on Trump, which Twitter enacted in early 2021 following the Jan. 6 attack on Capitol Hill. But restoring Trump’s account could pose another challenge for the platform should incendiary tweets drive advertisers away from Twitter and toward competitors… Source link

Kevin Dietsch/Getty Images Parag Agrawal canceled an interview with Elon Musk’s lawyer the day before it was set to take place. The CEO has yet to reschedule, although the interview is expected to happen. Musk is expected to be interviewed later this week as part of the ongoing lawsuit. Twitter’s Parag Agrawal canceled on short notice a scheduled deposition as part of his company’s lawsuit against Elon Musk, frustrating the billionaire’s legal team, people familiar with the case told Insider. The… Source link

Twitter CEO Parag Agrawal (left) is at loggerheads with Elon Musk over the Tesla CEO’s proposed $44 billion takeover.Kevin Dietsch/Getty Images, Andrew Kelly/Reuters Twitter CFO Ned Segal warned employees Friday their bonuses could be half the maximum, per The NYT. Segal said the company’s bonus pool was at 50% of where it could be if financial targets were being hit, per The NYT. Twitter employees’ bonuses are tied to the company’s financial performance, which has declined of late. Twitter told… Source link

Elon Musk could soon face off against Twitter in a Delaware court over whether he should be forced to buy the social media company. Musk’s excuse for backing out? Bots. Specifically, how many bots run rampant on Twitter. In trying to back out of the $44 billion deal, Musk has asserted that Twitter hasn’t provided enough data on the platform’s number of bots — automated accounts that can be benign but can also be used for nefarious purposes like bilking users out of their cash through… Source link

Elon Musk, meme aficionado and the world’s richest person, issued his first public response to Twitter’s vow that it will haul him into court to enforce the terms of his $44 billion buyout offer for the company. Musk, just after midnight ET Sunday, tweeted a meme showing the celebrity CEO laughing at the latest turn of events. It focuses on the mega-billionaire’s central claim for bailing on the Twitter deal: that, according to Musk, the company has stonewalled on providing evidence to… Source link

(Bloomberg) — Twitter Inc. reiterated that it will hold Elon Musk accountable to the terms of his proposed $44 billion takeover offer after the billionaire again threatened to pull out of the deal over the issue of bots. Most Read from Bloomberg In a securities filing on Monday, Musk said he believes Twitter is breaching their agreement by not meeting his demands for more information about spam and fake accounts. Last month, Musk said he wouldn’t proceed with his offer unless the social… Source link

Vijaya Gadde.Twitter Elon Musk bought Twitter on Monday and could shift its approach to content moderation. One key architect of those content policies is the attorney Vijaya Gadde. On Monday, Gadde cried during a meeting that discussed the acquisition, three people told Politico. Twitter’s top attorney and a key voice in decisions such as barring President Donald Trump from the platform became emotional and cried in a meeting with employees discussing Elon Musk’s acquisition of the platform on… Source link

Twitter cofounder and short-time board member Jack Dorsey called out his social media platform’s board on Saturday, saying “it’s consistently been the dysfunction of the company.” “If [sic] look into the history of [the] Twitter board, it’s intriguing as I was a witness on its early beginnings, mired in plots and coups, and particularly amongst Twitter’s founding members. I wish if [sic] it could be made into a Hollywood thriller one day,” one user tweeted. “It’s consistently been the… Source link

Elon Musk says he is a free-speech absolutist.Jae C. Hong/AP Elon Musk, who has a 9.2% stake in Twitter, is no longer its largest shareholder. Vanguard Group said its funds now own a 10.3% stake, according to a recent SEC filing. Musk said on Thursday he’s “not sure” if his $43 billion takeover bid for Twitter will be successful. Elon Musk has lost his position as Twitter’s largest shareholder as he attempts to buy the company in a $43 billion deal. The Tesla and SpaceX boss said in early April… Source link