Elon Musk News

Threads, the recently introduced microblogging app by Meta, is the new platform that will enter the market as a direct rival to Twitter. According to a listing on Apple's App Store, Threads, a text-based conversation app, will enable users to follow the same accounts they currently follow on Instagram and maintain their existing usernames.

Twitter CEO Linda Yaccarino on Tuesday tweeted a defense of the temporary cap announced July 1 on the number of tweets users can read in a day, and the company said advertising has been stable in the days since the step that drew heavy criticism from users and marketing professionals. Yaccarino wrote in her tweet: «when you have a mission like Twitter — you need to make big moves to keep strengthening the platform.» It was her first public comment on the limits announced on Saturday by owner Elon Musk, who said the step was meant to discourage «extreme levels» of data scraping and system manipulation.

There is yet another Twitter alternative people are spilling into. The app, called Spill, started rising in the rankings of Apple’s App Store this weekend, around the same time Twitter started limiting the number of posts users could see. On Monday, it was the third most downloaded app on Apple’s App Store, and the store’s top downloaded social-media app.

stock prices," Adani said recently. He also noted in the annual report of group's flagship Adani Enterprises that a Supreme Court -appointed panel of experts found no regulatory failure.

TikTok and Instagram users can scroll with abandon

Meta is poised to launch a new app that appears to mimic Twitter, marking a direct challenge to the social media platform owned by billionaire Elon Musk

Meta Platforms plans to release a microblogging app called Threads, a new product that is expected to hit the market Thursday, days after Twitter owner Elon Musk announced new strictures that will limit how many posts users see on that platform. Social-media veterans and analysts see the planned app as a formidable competitor for Twitter, which has faced falling revenue and other challenges since Musk took over the company in October. Meta, like other tech giants, has a record of copying features of competitors’ platforms and implementing them into its own services.

(Reuters) — Meta Platforms plans to launch a microblogging app, Threads, days after Twitter executive chair Elon Musk announced a temporary cap on how many posts users can read on the social media site.

users will soon need to be verified in order to use TweetDeck, the social media company said in a tweet on Monday. The change will take effect in 30 days, the company said.

Elon Musk, Threads aims to provide users with an alternative platform for social networking and discussions. The app was initially discovered on the Google Play store in Europe on Monday morning and later became available on the Apple App Store by Monday night, according to a report from Forbes. The decision to launch Threads comes in the midst of various controversies surrounding Twitter, such as user limitations and issues with Bluesky, a competing platform founded by Jack Dorsey.

Instagram’s highly anticipated Twitter rival is expected to launch Thursday, according to a listing on Apple Inc.’s App Store. The app, called Threads, will function similarly to Twitter, with text-based posts that can be liked, commented on and shared, according to examples of screenshots on the App Store listing. People will be able to follow the accounts they follow on Instagram and keep their same user name.

The world’s 500 richest people added $852 billion to their fortunes in the first half of 2023. Each member of the Bloomberg Billionaires Index made an average of $14 million per day over the past six months, according to data compiled by Bloomberg. It was the best half-year for billionaires since the back half of 2020, when the economy rebounded from a Covid-induced slump.

Advances in AI technology are contributing to an unprecedented rise in investment fraud.

Head-to-head competition with Tesla is a bullet that old-school automakers are still largely dodging in the U.S., but it is only a matter of time before they get hit. The electric-vehicle pioneer said Sunday that it delivered 466,140 Teslas in the second quarter, a record and around 24,000 more than analysts polled by FactSet forecast. The stock was up about 5% premarket as investors saw a sign that Chief Executive Elon Musk’s price cuts earlier this year are bearing fruit.

A day after Twitter imposed new limits on the number of posts users can see (based on their verification status), rival social media company Mastodon reported a significant increase in traffic. 

Tesla shares jumped 6% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk's plan of boosting volumes through discounts was working. The leading U.S. manufacturer of electric vehicles was set to increase its market capitalization by around $50 billion to $900 billion, based on early trading in its shares.

Investing.com — U.S. futures inched lower at the start of a holiday-shortened week that includes the release of some key economic data, including the monthly employment report.

Twitter owner Elon Musk got a resounding yes to his «poll'' asking users if he should step down as CEO, in which he promised to accept their verdict.

Politicians on both sides of the Atlantic are speaking out against Twitter and its owner Elon Musk after the embattled social media company suspended the accounts of a competitor and several journalists, many of whom have written critically of Musk.

artificial intelligence (AI) such as Microsoft-backed OpenAI's ChatGPT are complicating governments' efforts to agree laws governing the use of the technology. Here are the latest steps national and international governing bodies are taking to regulate AI tools:AUSTRALIA Seeking input on regulations The government is consulting Australia's main science advisory body and considering next steps, a spokesperson for the industry and science minister said in April.BRITAIN Planning regulations The Financial Conduct Authority, one of several state regulators that has been tasked with drawing up new guidelines covering AI, is consulting with the Alan Turing Institute and other legal and academic institutions to improve its understanding of the technology, a spokesperson told Reuters.

Investing.com — Tesla unveils bumper second-quarter vehicle deliveries following a move by the electric carmaking giant to lower prices. Meanwhile, Apple is reportedly slashing its production targets for its Vision Pro headset and a major decision in San Francisco hangs over the future of Microsoft's megamerger with Activision Blizzard.