Tag: Tech

Musk Delivers First Tesla Truck, but No Update on Output, Pricing

Tesla Inc. Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo without offering updated forecasts for the truck’s pricing, production plans or how much cargo it could haul. Musk, who appeared onstage at an event at Tesla’s Nevada plant, said the battery-powered, long-haul truck would reduce highway emissions, outperform existing…


FBI Director Warns China Could Use TikTok for Influence Operations, Surveillance on Americans

FBI Director Christopher Wray on Friday outlined key threats posed by video sharing app TikTok and said that U.S. officials are still working on how to address the app’s national security concerns. Wray said that the FBI has security concerns about Tiktok, which is owned by private Chinese company Bytedance. “[TikTok’s] parent company [Bytedance] is controlled by…


Elon Musk Unveils Twitter Censorship Machine in 2020

Twitter owner Elon Musk and independent journalist Matt Taibbi on Friday evening unveiled internal Twitter communications about what drove the tech firm to suppress the New York Post’s Hunter Biden laptop story on the platform in the last weeks of the 2020 presidential campaign. Dubbed “The Twitter Files” by Musk, Taibbi published a series of tweets…


Twitter Offering ‘Largest Advertiser Incentive Ever’ as Brands Leave Platform and Revenues Decline

Twitter is offering advertisers incentives to increase spending after Elon Musk’s takeover and management directives resulted in multiple brands curbing their ad investment on the social media platform. Advertising sales account for about 90 percent of Twitter’s revenue. Platforms and ad networks approach agencies for advertising as part of their business model. In emails sent…


SpaceX Gets US Approval to Deploy up to 7,500 Satellites

WASHINGTON—The U.S. Federal Communications Commission (FCC) said on Thursday it approved SpaceX’s bid to deploy up to 7,500 satellites, but put on hold some other decisions. SpaceX’s Starlink, a fast-growing network of more than 3,500 satellites in low-Earth orbit, has tens of thousands of users in the United States so far, with consumers paying at…


New York’s Social Media Censorship Law Is Illegal, New Lawsuit Charges

Social media platform Rumble is suing New York over a law set to take effect on Dec. 3, alleging it’s illegal. The measure requires platforms to “provide and maintain mechanisms for reporting hateful conduct on their platform,” and empowers New York’s attorney general to assess a fine of up to $1,000 per day on platforms…


Sam Bankman-Fried Says Fortune Has Dwindled to $100,000 After FTX Collapse

The former CEO of the failed cryptocurrency exchange FTX claims his personal wealth has dwindled to just $100,000 after a series of “mistakes” led to the company—once valued at $32 billion—collapsing. While speaking during the New York Times DealBook Summit on Nov. 30, Sam Bankman-Fried admitted that he clearly had failed “to do a good job” at following through with…


Kanye West No Longer Buying Social Media Platform Parler

Musician Kanye West, who has taken fire for a string of controversial remarks and has once again had his Twitter account suspended, is no longer buying the social media app Parler, the company said. Parler announced on Dec. 1 that it had made a mutual decision with West, who has officially changed his name to…


Musk Says Kanye West’s Twitter Account Suspended for ‘Inciting Violence’ After Posting Swastika

Elon Musk confirmed on Friday that Kanye West’s Twitter account has been suspended shortly after the rapper posted a Swastika merged with a Star of David and shared private messages between the two. Twitter’s chief executive was responding to a Twitter user who had asked the businessman to “fix Kanye please” after the rapper’s account was…


Kanye West’s Twitter Account Suspended After Posting Swastika

Elon Musk confirmed on Friday that Kanye West’s Twitter account has been suspended shortly after the rapper posted a Swastika merged with a Star of David and shared private messages between the two. Twitter’s chief executive was responding to a Twitter user who had asked the businessman to “fix Kanye please” after the rapper’s account was…