Elon Musk warned Twitter users that they are “being manipulated” and told them to turn off the platform’s algorithmic newsfeed, coming as the firm’s legal department apparently said he committed a violation of a non-disclosure agreement. “You are being manipulated by the algorithm in ways you do not realize … Easy to switch back and forth to…
Elon Musk Issues Warning on Twitter Algorithm as Company’s Legal Team Reaches Out
Bezos Criticizes Biden Over Inflation Tweet, Says Disinformation Board Should Fact Check President’s Tweet
May 14, 2022
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Business & EconomyCompanieseconomyExecutive BranchinflationJeff BezosJoe BidenMarketsMedia & Big TechSocial MediaTech News
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Amazon.com Inc. Executive Chairman Jeff Bezos on Friday criticized President Joe Biden for his recent tweet on inflation and corporate taxation. On Friday, Biden published a tweet about curtailing inflation by taxing large corporations in the United States. You want to bring down inflation? Let’s make sure the wealthiest corporations pay their fair share. — Joe Biden…
Twitter CEO Gives Update on Musk M&A, Company’s Future
May 14, 2022
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Business & EconomyCompanieseconomyElon MuskMarketsMedia & Big TechParag AgrawalSocial MediaTechTwitter
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Following the news of Tesla CEO Elon Musk putting his acquisition of Twitter on hold, current Twitter boss Parag Agrawal had something to say. Here’s Some Background Musk wrote on Twitter early Friday morning that the “Twitter deal [is] temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5 percent…
Big Tech, Major Websites Are Caught Swiping Personal Data Without Consent
Researchers from KU Leuven, Radboud University, and the University of Lausanne conducted a study that found tens of thousands of websites captured—without permission—every word typed into an online form, even if users left a site without submitting their info, according to a May 12 article in Fortune. “Considering its scale, intrusiveness, and unintended side effects, the…
3 Implications From Elon Musk Putting Twitter Deal on Hold
Elon Musk spooked the market with his early Friday tweet that the Twitter, Inc. deal is on hold. Wedbush analyst Dan Ives says there are three scenarios at play now: The Street will view the announcement as signaling that the deal could be falling apart. Alternatively, the development could suggest Musk is looking around to…
Elon Musk Says Biden Wrong to Think He Was ‘Elected to Transform the Country’
Tesla CEO Elon Musk has weighed in on his thoughts about the 2024 Presidential election, stating that while he firmly believes former President Donald Trump should have his Twitter account reinstated, a “less divisive candidate” would be a better option. The businessman also took aim at President Joe Biden, writing on Twitter on May 13…
Fact Check: White House Makes False Claim COVID Vaccine Wasn’t Available Until Biden
May 13, 2022
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AMERICABusiness & EconomyCCP VirusCompaniesCOVID-19Executive BranchMedia & Big TechPoliticsUSUS NewsVaccines & SafetyWhite House
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The Biden administration made an erroneous statement on the White House Twitter account on Thursday, which prompted fact-checks. “When President Biden took office, millions were unemployed and there was no vaccine available. In the last 15 months, the economy has created 8.3M jobs and the unemployment rate stands at 3.6 [percent] — the fastest decline…
Musk Says Twitter Deal on Hold Over Spam Bots
May 13, 2022
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Business & EconomyCompanieseconomic policieseconomyElon MuskInvestmentMarketsMedia & Big TechSocial Mediaspam botsTechTwitter deal
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Billionaire tech mogul Elon Musk said that the deal to buy Twitter is “temporarily on hold” until detailed information comes to light that backs Twitter’s claim that bots or fake accounts make up fewer than 5 percent of users on the platform. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do…
Why Apple Stock Will Bounce Despite Bear Cycle
Apple Inc. gapped down about 2.4 percent to start Thursday’s trading session and within the first few minutes had fallen 4 percent off Wednesday’s closing price. The general markets turned heavily bearish at the end of March, which technical traders may have predicted a few weeks earlier when the 50-day simple moving average (SMA) crossed below…
2 Twitter Executives Leave Company Ahead of Elon Musk’s Takeover
Twitter confirmed it’s pausing most hiring as two executives have left the company ahead of Elon Musk’s announced takeover. “We can confirm that Kayvon Beykpour and Bruce Falck are leaving Twitter. Jay Sullivan is the new GM of Bluebird and interim GM of Goldbird. Effective this week, we are pausing most hiring and backfills, except…
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