Tag: elon musk twitter

Technology

Elon Musk-owned X Unveils Video Shows With Don Lemon, Tulsi Gabbard

X, the social media platform formerly known as Twitter, announced a slate of new video shows, including a partnership with former CNN anchor Don Lemon. Lemon will host a 30-minute show on X called “The Don Lemon Show,” airing three times a week “exclusively first” on the platform.X will also distribute new shows from Jim Rome, the sports-radio commentator and former ESPN star, and Tulsi Gabbard, a former US representative and presidential candidate. Rome's show will “stream exclusively on X, five days a week,” the company posted. Gabbard will distribute “an exclusive series of documentary style videos,” the company wrote.  San Francisco-based X didn't share financial details. The partnerships are aimed at adding legitimacy to X's renewed push into video, which has been a focus of owner...
Technology

X outage: Twitter goes down but it isn’t the first time; Know 5 major social media outages in 2023

X outage: Many X (formerly Twitter) users who opened the app and website to check posts and catch up to the daily trends today morning were met with a rude awakening when they found empty timelines on their home feed. The realization set in quickly that the Elon Musk-owned social media platform had suffered yet another outage. This was the experience of thousands of users, and the situation is still ongoing. However, it was not the first time a social media platform has suffered an outage, with similar incidents making headlines throughout the year. Let us take a look at the 5 major social media outages in 2023.5 major social media outages of 20231. On February 9, 2023, YouTube, the Google-owned video-sharing platform, suffered a partial outage that largely affected users in the US. Hu...
Technology

From AI and inflation to Elon Musk and Taylor Swift, the business stories that dominated 2023

The tide turned against inflation.Artificial intelligence went mainstream — for good or ill. Labor unions capitalized on their growing might to win more generous pay and benefits. Elon Musk renamed and rebranded the social media platform Twitter, removed guardrails against phony or obscene posts and ranted profanely when advertisers fled in droves.The American housing market, straining under the weight of heavy mortgage rates, took a wallop.And Taylor Swift's concert tour scaled such stratospheric heights that she invigorated some regional economies and drew a mention in Federal Reserve proceedings.A look back at 10 top business stories in 2023:RAGING AGAINST INFLATIONThe Fed and most other major central banks spent most of the year deploying their interest-rate weapons against the wor...
Technology

Elon Musk-owned X can lose up to $75 mn by the end of 2023 due to advertisers fleeing, says report

The advertising woes for X (formerly Twitter) are growing by the day. Recently, the platform witnessed major companies pulling out of showing ads including Apple, IBM, and Comcast. Now, a new report claims that the Elon Musk-owned social media platform can lose as much as 75 million dollars by the end of 2023 due to the exodus of companies. It all started after some reports emerged claiming that Musk backed an antisemitic post on the platform last week. On X, Musk could be seen agreeing to a poster that said Jewish communities hate white communities. This has led several companies including Walt Disney and Warner Bros Discovery to pause their advertisements on the site formerly called Twitter. X faces advertising woesX has struck back and sued media watchdog group Media Matters, allegi...
Technology

Elon Musk does huge U-turn; says will bring back news headlines from link previews on X

Elon Musk has announced that news articles shared on X (formerly Twitter) will once again feature headlines, instead of just the image in the URL card. This move has reversed his controversial decision from October 2023, when he removed headlines from news articles shared on the platform to reduce the height of the preview window and improve the aesthetics. At the time, many users complained that it would be difficult to contextualize the content of a URL with just the header image.Musk made the announcement yesterday in a post on X where he said, “In an upcoming release, X will overlay title in the upper portion of the image of a URL card”. Interestingly, the reversal will not put the headline back to its original position but at the top of the link preview window, as per the post. It...
Technology

Elon Musk’s X Is Worth Less Than Half of Price He Paid for Twitter

X, the platform formerly known as Twitter, is worth less than half of what Elon Musk paid for it a year ago. Restricted stock units awarded to employees value the company at $19 billion, or $45 a share, according to a person familiar with the matter. A year ago, Musk bought Twitter Inc. for $44 billion.  Since the takeover, most of Twitter's staff was laid off or resigned. Musk renamed the company X, changed some of its content rules and lost more than half of its advertising revenue. Fortune earlier reported on the valuation, citing an internal memo.  The company has struggled financially under Musk's ownership. At the time of the takeover, Twitter was valued at $44 billion, based on a mix of debt and equity. Musk's purchase saddled the company with $13 billion in debt and over time...
Technology

A year after Musk’s Twitter takeover, X remains mired in turmoil

A year ago Elon Musk purchased X, formerly known as Twitter, taking the platform on a journey that has resulted in lost money, advertisers and trust. Musk closed the $44 billion deal on October 27, 2022, facing a lawsuit that held him to terms of purchase he was keen to escape. Here is a look back at Musk's first year as owner of the platform. - Family feeling gone -In the days after his purchase, Musk quickly fired executives who had been running Twitter and took the publicly traded company private. He also laid off most of the San Francisco-based company's workers, cutting ranks to fewer than 1,500 from 8,000. Twitter employees were asked to commit unconditionally to their jobs and forego any notion of telecommuting. Former project manager Esther Crawford, who wrote online about he...
Technology

Elon Musk teases audio and video calls at X

X is tinkering with video and audio calling at the platform formerly known as Twitter, according to a post Wednesday by owner Elon Musk."Early version of video and audio calling on X," Musk wrote in a post that contained a screen capture showing how to turn the feature on in the platform's settings. The screen capture showed options of enabling voice and audio calls to those in a user's address book, all verified users, and to people they "follow" at the service. However, multiple users responded to Musk's post saying they did not see the feature in their app, which was also not visible in a version tested by AFP.The tycoon announced in August that voice and video calls were in the works at X in what was seen as a step towards turning the former Twitter into an "everything app."The cal...