Tag: Tech

Washington Post Editorial Board Hopes Elon Musk ‘Doesn’t Win’ in ‘Hostile Takeover’ Twitter Bid

April 19, 2022
Business & EconomyCompaniesElon MuskMedia & Big TechPoliticsSocial IssuesSocial MediaTechTech NewsTwitterUSUS News
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The Washington Post editorial board has said it hopes Tesla CEO Elon Musk “doesn’t win” in his bid to purchase Twitter. In an opinion piece published on Sunday, titled “Let’s hope Elon Musk doesn’t win his bid for Twitter,” the editorial board called Musks hopes to purchase the social media platform a “hostile takeover” adding, “let’s…

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Another Top Pentagon Tech Official Resigns, Says Breaking Through Bureaucracy Was Like ‘Working to Defy Gravity’

April 18, 2022
ChinaDODmilitaryNational SecurityPentagonSpecial TopicsTechTech CompetitiontechnologyUSUS News
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The Department of Defense (DoD) lost another top IT official on April 18, with the resignation of Preston Dunlap, the founding Chief Architecture Officer of the Air and Space Forces. Dunlap said that he was proud of the three years he spent at the Pentagon in an open resignation letter posted to social media, but…

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Dorsey Rips Twitter Board for ‘Dysfunction’ After Musk Accuses It of Failing to Represent Shareholders

April 18, 2022
Business & EconomyCompaniesElon MuskInvestmentJack DorseyMarketsMedia & Big TechSocial MediaTechTwitterUSUS News
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Twitter co-founder Jack Dorsey penned a scathing tweet over the weekend calling the company’s board of directors a consistent source of dysfunction after Tesla CEO Elon Musk accused the Twitter board of failing to represent the interest of shareholders. Dorsey made the remark in a tweet thread initiated by Garry Tan, co-founder of Initialized Capital, who…

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Elon Musk vs. Twitter Board of Directors Is a Battle for America’s Soul

April 17, 2022
Big Tech, Censorship, and SocialismDefending AmericaElon MuskFeatured TopicsOpinionSocial MediaTechTwitterUSViewpoints
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Commentary When I was a kid growing up in New York City in the 1950s, my parents were liberal Democrats. They were “Gladly for Adlai” (Stevenson) in the presidential elections of 1952 and 1956 and therefore, their loyal child, so was I. (Dwight Eisenhower, the winner in those elections, turned out to be one of the better…

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Twitter Board Not Representing Shareholders: Elon Musk

April 17, 2022
Beneficial OwnersBusiness & EconomyCompaniesElon MuskMedia & Big TechSocial MediaTechTwitterUSUS News
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Elon Musk said Saturday that the Twitter Inc. board of directors is not representing the interest of its shareholders. “Wow, with Jack departing, the Twitter board collectively owns almost no shares! Objectively, their economic interests are simply not aligned with shareholders,” he replied to a post showing a chart of the ownership percentages of Twitter…

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Senator Warns of ‘Digital-Only’ Fintech Companies Posing as Banks, People’s Money ‘At Risk’

April 16, 2022
Business & EconomyChimeCompaniesfintechneobankSherrod BrownTechTech NewsUSUS News
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Fintech companies that offer online banking services can be dangerous and cause users to lose their money, Sen. Sherrod Brown (D-Ohio), chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, warned in an interview with Business Insider. Users should be wary about fraud, privacy breaches, and hidden fees while using fintech services,…

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Philippines’ Duterte Vetoes Bill That Would Criminalize Anonymous Social Media Accounts

April 15, 2022
Asia & PacificPhilippineRodrigo DuterteSocial Mediasocial media accountsTechWorld
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Philippine President Rodrigo Duterte vetoed a proposed law on April 15 that seeks to mandate the registration of SIM cards and social media accounts with the users’ legal identities, citing the need for a “more thorough” review of the measure. The bill, ratified by the Congress of the Philippines in February, would require anyone creating…

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Elon Musk Says Censorship on Twitter Poses ‘Civilizational Risk’

April 15, 2022
Big Tech, Censorship, and SocialismBusiness & EconomycensorshipCompaniesElon MuskFeatured TopicsMedia & Big TechSocial MediaTechTech NewsTwitterUSUS News
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Billionaire tech mogul Elon Musk said Thursday the reason he’s trying to buy Twitter is not to make money but to turn it into a bastion of free speech and reduce the “civilizational risk” to freedom and democracy from excessive and opaque restrictions on expression. Speaking at a TED event in Vancouver, Canada, on April 14,…

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Trump Says He Probably Won’t Tweet Again Even If Musk Buys Twitter and Reinstates His Account

April 15, 2022
Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesDonald TrumpElon MuskFeatured TopicsMedia & Big TechSocial MediaTechTwitterUSUS News
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Former president Donald Trump said Thursday he likely wouldn’t return to Twitter if Elon Musk bought the platform and reinstated his account. Trump made the remarks in an interview with Sirius XM’s “Americano Media” hours after Musk made an offer to buy Twitter for around $43 billion in cash, with the Tesla CEO saying he…

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Twitter Reportedly Mulls ‘Poison Pill’ Tactic to Foil Musk Takeover Bid

April 15, 2022
Business & EconomyCompanieseconomyElon MuskInvestmentMarketsMedia & Big TechPoison pillSocial MediaTechTwitterUSUS News
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Twitter is reportedly considering a so-called “poison pill” tactic to thwart Elon Musk’s effort to buy out the social media platform, sources say. Cameron Winklevoss, founder of the Gemini cryptocurrency exchange, said in a tweet that “Twitter is considering a poison pill to thwart @elonmusk’s offer,” while two anonymous sources told The New York Times…

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