Tag: Elon musk tweets

Musk faces US fraud trial over Tesla tweet
Technology

Musk faces US fraud trial over Tesla tweet

[ad_1] Elon Musk will face trial on Tuesday over allegedly manipulating the stock market with a tweet after a federal judge rejected his request to move the case out of California. Elon Musk, the CEO of electric car giant Tesla, will face trial on Tuesday over allegedly manipulating the stock market with a tweet after a federal judge rejected his request to move the case out of California. The case dates back to August 2018 when Musk tweeted that he had sufficient funding to take Tesla private, causing a whirlwind in the company's share price. Musk was swiftly sued by shareholders for allegedly costing them billions of dollars with the Twitter post that said funding was "secured" to buy out the company's shareholders. According to a spokesperson for the court, Judge Edward Chen...
Elon Musk Says He’s Seen ‘Concerning’ Tweets About Brazil Election
Technology

Elon Musk Says He’s Seen ‘Concerning’ Tweets About Brazil Election

[ad_1] Elon Musk wrote Saturday that he’s seen “a lot of concerning tweets” about the recent Brazil election. Elon Musk wrote Saturday that he's seen “a lot of concerning tweets” about the recent Brazil election. “If those tweets are accurate, it's possible that Twitter personnel gave preference to left wing candidates,” he said on Twitter. Luiz Inácio Lula da Silva narrowly defeated President Jair Bolsonaro in Brazil's presidential election, winning 50.9% of the votes in the Oct. 30 runoff. Musk visited Brazil earlier this year to discuss investment plans, implementation of new technology to monitor Amazon deforestation and a project to expand broadband internet to remote regions. Musk's plans to purchase Twitter were praised then by Bolsonaro, who is under investigation in B...
Elon Musk Says Twitter Is Taking Up Almost All His Time
Technology

Elon Musk Says Twitter Is Taking Up Almost All His Time

[ad_1] Elon Musk told a judge he is spending almost all his time now reorganizing Twitter Inc. rather than on the other companies he oversees. Elon Musk, whose $55 billion Tesla Inc. pay deal is being challenged in court as too excessive for a part-time chief executive officer, told a judge he is spending almost all his time now reorganizing Twitter Inc. rather than on the other companies he oversees.Since acquiring Twitter for $44 billion in October, Musk testified Wednesday in Delaware that the lion's share of his time “for the past few weeks” has been at the social-media platform, though he said the “fundamental organizational restructuring” will be completed by the end of next week. Delaware Chancery Judge Kathaleen St. J. McCormick is hearing evidence in a trial to determine whet...
Elon Musk doing all-nighters at Twitter, Tesla investors a ‘frustrated’, worried lot
Technology

Elon Musk doing all-nighters at Twitter, Tesla investors a ‘frustrated’, worried lot

[ad_1] Musk said he had worked through the night at Twitter's headquarters and would keep "working & sleeping here" until the social media platform was fixed. In 2018, Elon Musk was working through the night and sleeping at Tesla Inc's factories in California and Nevada as the company struggled to ramp up production of the Model 3.On Monday, Musk said he had worked through the night at Twitter's San Francisco headquarters and would keep "working & sleeping here" until the social media platform - which he recently acquired for $44 billion - was fixed. A self-described "nanomanager," Musk's penchant for working long hours in moments of crisis has been a well-known part of his brand. But the billionaire's deep dive into Twitter, after a protracted buyout that he tried to scrap, h...
Elon Musk “rehires Twitter employees who never worked there
Technology

Elon Musk “rehires Twitter employees who never worked there

[ad_1] Elon Musk shared a picture of him posing with two people who seemed like his employees. "Welcoming back Ligma & Johnson!" he wrote along with the picture. Even though Twitter has recently seen mass layoffs and rollback of implemented decisions, one thing is for sure, the microblogging platform's new CEO Elon Musk is a man of wits for sure.On Wednesday, the billionaire took to Twitter and shared a picture of him posing with two people who seemed like his employees. "Welcoming back Ligma & Johnson!" he wrote along with the picture. In the next tweet, he added that it is "Important to admit when I'm wrong & firing them was truly one of my biggest mistakes." At first glance, it would seem as if Musk has welcomed back two of his employees whom he had sacked during the ma...
Twitter Blue tick to make reappearance on November 29
Technology

Twitter Blue tick to make reappearance on November 29

[ad_1] After it was hastily taken off, the 'Twitter Blue' service is planned to be reinstated on the microblogging site as revealed by Elon Musk. Twitter CEO Elon Musk took to the microblogging site to announce the return of the coveted "Twitter Blue" tick after it was made unavailable following an increase in fake verified accounts."Punting relaunch of Blue Verified to November 29th to make sure that it is rock solid", Musk tweeted. The tweet received a number of questions from users, with the Tesla CEO answering some of them, adding to the information about changes that will take place on the platform. One user asked, "So are legacy checkmarks for non corporate/government officials going away?"To this Musk said, "All unpaid legacy Blue checkmarks will be removed in a few months."Ano...
Musk’s Free Speech Plans For Twitter Clash With EU Content Rules
Technology

Musk’s Free Speech Plans For Twitter Clash With EU Content Rules

[ad_1] Elon Musk’s plans for Twitter might run into a major hurdle: the European Union. Elon Musk's plans for Twitter might run into a major hurdle: the European Union. The continent's regulations have been a headache for Silicon Valley for years, and Musk -- a so-called “free speech absolutist” -- could soon feel the pain. Hours after Elon Musk tweeted that he had “freed” the bird, a reference to Twitter's logo, the European Commission's Internal Markets Commissioner Thierry Breton warned that in Europe “the bird will fly by” the EU's content moderation rules. The EU's Digital Services Act, which officially became law this month, gives the bloc's executive arm, the European Commission, unprecedented powers to police tech platforms by requiring them to remove illegal content ra...
Elon Musk’s Twitter takeover: India expects platform to comply with local rules
Technology

Elon Musk’s Twitter takeover: India expects platform to comply with local rules

[ad_1] India's expectation of Twitter complying with the country's rules for social media platforms will not change with its takeover by Elon Musk. India's expectation of Twitter complying with the country's rules for social media platforms will not change with its takeover by Elon Musk, according to a senior minister. The world's richest man and CEO of electric car maker Tesla Inc has become Twitter Inc's new owner and the self-described free speech absolutist fired top executives, including chief executive Parag Agrawal, CFO Ned Segal and legal affairs and policy chief Vijaya Gadde. "How does it matter to government who owns what. Our laws and rules are applicable to platforms regardless of who owns it or who doesn't own it," Minister of State for Electronics and Information Te...
When Elon Musk tweet sparked horror online abuse against Vijaya Gadde at Twitter
Technology

When Elon Musk tweet sparked horror online abuse against Vijaya Gadde at Twitter

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