Tag: Media & Big Tech

‘A Surveillance Company’: Rights Group Sounds Alarm After Amazon Acquires iRobot

Amazon’s $1.7 billion (A$2.4 billion) acquisition deal for iRobot, the creator of Roomba robot vacuums, will give the e-commerce giant another avenue to collect personal information if nothing is done to protect it, Digital Rights Watch warned. On Friday, both companies announced they had entered into a definitive merger in an all-cash transaction. Digital Rights…


Twitter Breach Exposed Anonymous Account Owners

A vulnerability in Twitter’s software that exposed an undetermined number of owners of anonymous accounts to potential identity compromise last year was apparently exploited by a malicious actor, the social media company said Friday. It did not confirm a report that data on 5.4 million users was offered for sale online as a result but…


Indonesia Says Tesla Strikes $5 Billion Deal to Buy Nickel Products—Media

JAKARTA—U.S. carmaker Tesla has signed contracts worth about $5 billion to buy materials for their batteries from nickel processing companies in Indonesia, a senior cabinet minister told CNBC Indonesia. Southeast Asia’s biggest economy has been trying to get Tesla to set up a production facility in the country, which has major nickel reserves. President Joko…


Indonesia Says Tesla Strikes $5 Billion Deal to Buy Nickel Products

JAKARTA—U.S. carmaker Tesla has signed contracts worth about $5 billion to buy materials for their batteries from nickel processing companies in Indonesia, a senior cabinet minister told CNBC Indonesia. Southeast Asia’s biggest economy has been trying to get Tesla to set up a production facility in the country, which has major nickel reserves. President Joko…


Axios Sold for Over $500 Million to Family-Owned Firm Founded by Ex-Democrat Nominee for President

Cox Enterprises announced on Monday that they had acquired the media outlet Axios in a deal expected to close later this month, bringing the Twitter-era news outlet into the fold of a company with deep roots in American history. The announcement on Monday afternoon revealed that the news site, known for its bullet-point presentation of technical…


Twitter Threatened With Class-Action Lawsuit for Banning Doctor Over COVID-19 Vaccine Post

A doctor who was banned from Twitter for posting about COVID-19 vaccines is willing to serve as the lead plaintiff in a potential class-action lawsuit against the social media company, his lawyer has informed the tech giant. Dr. Andrew Bostom “stands with a growing number of similarly situated people who have had their Twitter accounts…


Elon Musk Says He Could Revive Twitter Deal If Key Condition Is Met

Tech entrepreneur Elon Musk signaled that the $44 billion deal to purchase Twitter could ultimately go through if the social media firm would only provide him with data on user accounts and bots. “If Twitter simply provides their method of sampling 100 accounts and how they’re confirmed to be real, the deal should proceed on…


Musk Says He Might Revive Twitter Deal If Key Condition Is Met

Tech entrepreneur Elon Musk signaled that his $44 billion deal to purchase Twitter might ultimately go through if the social media firm would provide him with data on user accounts and bots. “If Twitter simply provides their method of sampling 100 accounts and how they’re confirmed to be real, the deal should proceed on original…


Musk Challenges Twitter CEO to Public Debate on Bots

Elon Musk on Saturday challenged Twitter Inc. Chief Executive Officer Parag Agrawal to a public debate about the percentage of bots on the social media platform. “Let him prove to the public that Twitter has <5% fake or spam daily users!,” Musk said in a tweet. He also started a poll asking users whether less…


Musk Says Twitter Deal Should Go Ahead If It Provides Proof of Real Accounts

Elon Musk said that if Twitter Inc. could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, his $44 billion deal to buy the company should proceed on its original terms. “However, if it turns out that their SEC filings are materially false, then it should not,” Musk…