Jack Dorsey News

Patrick Collison, the now 34-year-old billionaire CEO of the online payments company Stripe, and economist Tyler Cowen worried scientific progress seemed to be slowing down

There are decades where nothing happens, and there are weeks where decades happen. The latter is what it felt like for Elon Musk’s Twitter and Mark Zuckerberg’s newest experiment, the Twitter clone Threads, after its launch. The early success of Threads, and the way that success appears to have come at least partly at the expense of Musk’s app, has brought into focus a prospect that seemed highly unlikely not long ago: that Twitter could descend into irrelevance.

In June, Apple (AAPL) threatened to remove the Bitcoin-friendly social media app, Damus from its App Store, which led to the rise of Zapple Pay. The reason behind this threat is Damus' feature that allows users to tip each other with bitcoin (BTC) on the app, which Apple considers equivalent to selling digital media.

Elon Musk acquired Twitter last year. In addition to a surge in numbers on Mastodon, the acquisition and subsequent changes boosted small existing platforms like Hive Social and has spawned brand new upstarts like Spoutible and Spill. Most recently, the microblogging platform backed by Twitter founder Jack Dorsey, Bluesky, saw a surge of sign-ups in the days following Twitter’s rate limit, and Meta launched its microblogging platform Threads on July 5.

Democratic presidential candidate Robert F. Kennedy Jr. owns up to $250,000 in Bitcoin (BTC), in contrast to his previous claim that he was not an investor in the leading cryptocurrency.

Elon Musk after completing his takeover bid of Twitter fired almost half of the company's 7,800 employees. The massive lay-off as a bid to induce cost cutting on the part of the Tesla chief received backlash and criciticism for being brutal.

Elon Musk commented on the matter, tweeted, "Competition is fine, cheating is not." Threads, an Instagram app that facilitates real-time public conversations, experienced extraordinary success shortly after its launch. Meta CEO Mark Zuckerberg announced that within just two hours of its release, more than two million people had downloaded the app.

Meta's Threads could quickly become a major threat to Elon Musk-owned Twitter, thanks to its easy access to billions of Instagram users, a similar interface to that of its rival and the advertising heft of the social media giant, analysts and industry experts said. Dubbed as the «Twitter-Killer», Threads logged 10 million sign ups within the first seven hours after its launch, with celebrities from Kim Kardashian to Gordon Ramsay joining the app.

Now Facebook owner Meta is jumping into the ring, launching its own contender to dethrone Twitter as the go-to website for the media, officials and celebrities. Here is a breakdown of Twitter's wannabe alternatives. — Zuckerberg's Threads - Described as Instagram's «text-based conversation app,» Meta's Threads will certainly spice up the rivalry between Twitter's Musk and Meta supremo Mark Zuckerberg.

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.

Meta is planning to launch its new Twitter rival, Threads, on July 6, only days after Twitter’s “rate limit” debacle which has temporarily capped how many posts users can read per day.

Digital assets token accounts and crypto celebrities on Twitter have gained an “influx of fake followers,” a new report reveals.

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

Twitter has officially launched the new version of its popular dashboard application, TweetDeck, to address the recent issues that users have been facing. However, the catch is that TweetDeck will now become a feature exclusively available to verified users, who will need to subscribe to Twitter Blue, the platform's paid subscription service. The announcement was made by Twitter’s support account via a tweet that gave details about the new version of TweetDeck with new features. It read, «We have just launched a new, improved version of TweetDeck. All users can continue to access their saved searches & workflows via https://tweetdeck.twitter.com by selecting 'Try the new TweetDeck' in the bottom left menu.» “All your saved searches, lists, and columns will carry over to the new TweetDeck. You’ll be prompted to import your columns when you load the application for the first time. TweetDeck now supports full composer functionality, Spaces, video docking, polls, and more. Teams functionality in TweetDeck is temporarily unavailable and will be restored in the coming weeks. In 30 days, users must be Verified to access TweetDeck,” the tweet read.

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.

Despite changes introduced by Twitter management since Elon Musk’s takeover, the issue around fake followers remains a persistent problem. As many as 10% of the followers of accounts belonging to crypto influencers and companies are fake, new data from dappGambl has revealed.

Bluesky has «disabled» new sign-ups. According to Bluesky's status page, the platform was experiencing «degraded performance» late Saturday.

Twitter cofounder and former chief executive Jack Dorsey said it was difficult to run the microblogging platform and that the team at Twitter is doing the best it can under the constraints they have, following Elon Musk’s new diktat of applying ‘temporary limits’ on posts readers can read daily. “Running Twitter is hard. I don’t wish that stress upon anyone.

While many investors in the West may look to crypto to speculate the next biggest trend, blockchain technology is actually solving “real-world problems” in Africa such as hyperinflation and "corruption," executives told Cointelegraph.

Former Twitter CEO Jack Dorsey has questioned Apple CEO Tim Cook about the lack of Bitcoin (BTC) support on Apple Pay, the firm's mobile payment service.

Brink, a nonprofit organization aimed at supporting Bitcoin developers, has announced a $5 million donation from Block CEO Jack Dorsey and his Start Small funding group.