Twitter Inc. said that according to an internal review conducted by the company, false or spam accounts during the first quarter of 2022 represented fewer than 5 percent of its monetizable daily active users (mDAUs). What Happened The social media platform said in the Monday filing with the U.S. Securities and Exchange Commission (SEC) that it had…
Elon Musk Plans Crusade on Twitter Spam and Bots: New Data Reveals the Size of His Problem
Capitol Report (May 4): 22 Trump-Backed Candidates Won Primaries
May 4, 2022
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The Federal Reserve is ratcheting up its inflation fight with the biggest rate hike in decades, as President Joe Biden and Senate Republicans clash over economic policies. What are they saying about the inflation and our economy? In Ohio, J.D. Vance beat out six other Republican opponents in the U.S. Senate primary. All 22 Ohio…
Bill Gates Claims Elon Musk Could Make ‘Misinformation’ Worse
May 4, 2022
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Big Tech, Censorship, and SocialismBill GatesBusiness & EconomyCompaniesElon MuskFeatured TopicsMedia & Big TechSocial MediaTechUSUS News
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Former world’s richest person Bill Gates cast criticism on current richest person Elon Musk’s plan to purchase Twitter and suggested that his ownership of the platform would allow for more so-called misinformation to proliferate. Speaking to the Wall Street Journal, Gates claimed that Musk “actually could make it worse,” referring to misinformation. “That’s not his track…
Elon Musk Calls for Investigation Into Far-Left Groups Trying to Pressure Advertisers
Elon Musk called for an investigation into left-wing organizations that are pressuring companies to boycott Twitter if Musk changes the social media firm’s content moderation policies, coming about a week after it was announced he would purchase the platform. It comes as about two dozen groups left-wing groups reportedly sent letters (pdf) to Coca-Cola, Kraft,…
Elon Musk Invited to Give Evidence to UK Parliament on Twitter Takeover
May 4, 2022
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Elon Musk has been invited to give evidence to a UK parliamentary committee about his takeover of social media platform Twitter. Julian Knight, a Conservative MP who chairs the Digital, Culture, Media, and Sport (DCMS) Committee, has written to the Tesla and SpaceX boss inviting him to “discuss the future of Twitter” in the British…
Musk Not Worried About Twitter Employees Quitting: ‘It’s a Free Country’
Billionaire tech mogul Elon Musk said that he’s not worried by a potential exodus of Twitter employees if his takeover bid becomes reality, with his remarks coming amid reports that some staff are unsettled by his buyout proposal. “It’s a free country,” Musk told reporters on the red carpet at the annual Met Gala in…
Twitter Can Unlock ‘Full Potential’ If It Opens up Algorithm to 3rd-Party Developers, Say Ark Analysts
Twitter Inc. (NYSE: TWTR) can unlock its full potential if it opens up its algorithmic feed to third-party developers, to allow users to opt for a mix of specially made features, Cathie Wood-led Ark Investment Management analysts said on Monday. What Happened Twitter’s full potential is waiting at the gate, analysts Sam Korus and Frank Downing wrote in a note. “We believe if third…
Musk Says He Wants to Boost Twitter Use From ‘Niche’ to Most Americans
NEW YORK—Tesla Inc Chief Executive Elon Musk said on Monday he wants to expand the reach of Twitter beyond the current “niche” until most Americans use the social media platform. Musk has signed a deal to buy Twitter for $44 billion, raising questions among employees and the public about his strategy for running the social…
Musk Says Commercial, Government Twitter Users May Be Charged ‘Slight Fee’ to Use Platform
Elon Musk said on May 3 that commercial and government users of Twitter may have to pay a small fee to continue using the social media platform in the future as part of his takeover of the company. However, the Tesla CEO noted that the platform will always be free for “casual” users. “Twitter will always be…
Elon Musk Says Will Try His Best to Retain Twitter Shareholders’ Stake in New Private Company
May 3, 2022
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Elon Musk’s offer to take Twitter Inc. private has stirred apprehensions all around. Twitter users are worried about whether they can operate on the platform without being abused and bullied for holding differing opinions, while shareholders are worried about whether they would be adequately compensated for the stake they hold in the company. What Happened Allaying some of…
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