Tag: social media platform

In big AI drive, Elon Musk plans to buy AMD chips for Tesla
27Jan By adminNo Comments
Technology

In big AI drive, Elon Musk plans to buy AMD chips for Tesla

[ad_1] Tesla Inc. Chief Executive Officer Elon Musk said he plans to buy chips from Advanced Micro Devices Inc. as part of a spending spree on computing hardware to handle artificial intelligence.After saying on his X social media platform that Tesla will spend more than $500 million on Nvidia Corp. hardware this year, Musk was asked if he would also buy chips from AMD. “Yes,” the billionaire replied.  Nvidia is the current leader in so-called AI accelerators — processors suited to the data-intensive requirements of the technology — but rivals like AMD are pushing into the market. AMD unveiled a lineup called the MI300 last month that it said will be able to run AI software faster than competitors can. AMD shares briefly climbed more than 1% after-hours Friday following the remarks. The...
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Walmart Is Latest Company to Stop Advertising on Musk’s X
2Dec By adminNo Comments
Technology

Walmart Is Latest Company to Stop Advertising on Musk’s X

[ad_1] Walmart Inc. has stopped advertising on the social media platform X, the latest major company to do so. “We aren't advertising on X as we've found other platforms to better reach our customers,” a Walmart spokeswoman told Bloomberg News. She declined to say when the change takes effect or what motivated it.  The exit of Walmart, the largest retailer in the US, adds to the growing number of companies that are abandoning the social platform previously known as Twitter after owner Elon Musk endorsed an antisemitic post.  Musk said the post was “worst and dumbest I've ever done” earlier this week at the New York Times DealBook conference. One more thing! HT Tech is now on WhatsApp Channels! Follow us by clicking the link so you never miss any updates from the world of technology. Cli...
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India warns Facebook, YouTube to enforce rules to deter deepfakes – sources
25Nov By adminNo Comments
Technology

India warns Facebook, YouTube to enforce rules to deter deepfakes – sources

[ad_1]  India's government on Friday warned social media firms including Facebook and YouTube to repeatedly remind users that local laws prohibit them from posting deepfakes and content that spreads obscenity or misinformation, two sources told Reuters. The warning was conveyed by deputy IT minister Rajeev Chandrasekhar in a closed-door meeting where he said many companies had not updated their usage terms despite 2022 rules that prohibit content "harmful" to children, obscene or that "impersonates another person". It comes amid growing concerns over deepfakes - realistic yet fabricated videos created by artificial intelligence (AI) algorithms trained on online footage - which a top minister this week said this week India is drawing up rules to address.Chandrasekhar said the companies m...
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Elon Musk’s X Drama Hurts Tesla Where It Matters Most
21Nov By adminNo Comments
Technology

Elon Musk’s X Drama Hurts Tesla Where It Matters Most

[ad_1] During a 1990 Senate race in his home state of North Carolina, Michael Jordan was asked why he didn't endorse the African-American Democratic candidate. He was still explaining his response — “Republicans buy sneakers too” — to reporters 30 years later, saying he wasn't an activist in the mold of Muhammad Ali: “I thought of myself as a basketball player.”Elon Musk may think of himself as an entrepreneur, and a celebrity one at that, but he wears many hats with enthusiasm, including as an activist in the cause of, as he sees it, free speech. His latest outrage, endorsing an antisemitic comment on X, has drawn a backlash, including companies pulling ads from the social media platform. But there may also be repercussions for the main source of his fame and wealth: Tesla Inc. Tesla h...
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Elon Musk’s X Corp. loses fight to end FTC privacy oversight
18Nov By adminNo Comments
Technology

Elon Musk’s X Corp. loses fight to end FTC privacy oversight

[ad_1] X Corp. failed to persuade a federal judge to curb the US Federal Trade Commission's close watch over the social media platform's data privacy policies and block the agency from questioning company owner Elon Musk.US Magistrate Judge Thomas Hixson in San Francisco said in a ruling Thursday he was legally powerless to release the company, formerly known as Twitter, from FTC oversight. X Corp. had complained that after the billionaire bought the platform last year, the agency pursued an investigation that “has spiraled out of control and become tainted by bias.” The judge also rejected X Corp.'s request to spare Musk from a deposition by government attorneys. X Corp. didn't immediately respond to a request for comment.The world's richest person, who has a history of challenging the...
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Elon Musk to join Sunak to discuss AI risks after UK Summit
31Oct By adminNo Comments
Technology

Elon Musk to join Sunak to discuss AI risks after UK Summit

[ad_1] Rishi Sunak plans to hold a live-streamed conversation with Elon Musk after his AI summit wraps up Thursday, lending some star power to an event that the British prime minister hopes could shape regulation of the emerging technology. Sunak on Monday announced the discussion with Musk on the billionaire's social media platform, X. The prime minister's aides touted the event as evidence that the summit planned for Wednesday and Thursday at the hub of Britain's World War II code breakers was gaining traction. Three UK government officials said they also expect Musk to attend the summit at Bletchley Park, although Musk hasn't publicly confirmed his attendance. Neither Musk nor representatives for X and Tesla Inc., where Musk is chief executive, responded to requests for comment. Musk...
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Elon Musk Tells X Staff New Products Will Challenge YouTube, LinkedIn
27Oct By adminNo Comments
Technology

Elon Musk Tells X Staff New Products Will Challenge YouTube, LinkedIn

[ad_1] Executives at X, the social media site formerly known as Twitter, said they see YouTube and LinkedIn as future competitors while pursuing new business lines in video and hiring. Owner Elon Musk and Chief Executive Officer Linda Yaccarino called out the two sites during an all-company meeting Thursday to commemorate one year since Musk's takeover of Twitter Inc., according to a person familiar with the matter. The duo also referenced ambitions to create a news wire service called XWire, which would rival Cision's PR Newswire, the person said, asking not to be identified as the discussion was private. We are now on WhatsApp. Click to join. The meeting was the first time Musk and Yaccarino have addressed the entire company together, the person said. Yaccarino was hired as X's CEO ...
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Threads posts on Facebook? Check what’s happening now at Meta
20Oct By adminNo Comments
Technology

Threads posts on Facebook? Check what’s happening now at Meta

[ad_1] Since the day of its launch, Meta's latest addition to its social media apps i.e. Threads, is continuously in the news. First due to its amazing initial popularity and then the quickly receding user count. Worryingly, for Meta, after the grand launch and increase in the number of Threads users, the excitement quickly slowed down after some time. There was a huge reduction in the number of active users on the platform. Since then, Meta has been rolling out useful updates and now, it is looking to promote it in other ways too in order to amplify the number of active users on the platform.Recently it looks to have silently unveiled a new growth strategy by integrating Threads posts with Facebook. This move is designed to expand Threads' reach and elevate user engagement, as it allow...
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Elon Musk’s growing legal challenges – check full list
8Oct By adminNo Comments
Technology

Elon Musk’s growing legal challenges – check full list

[ad_1] Elon Musk was sued by the U.S. securities regulator related to his takeover of Twitter, the latest court battle against the billionaire whose empire spans electric carmaker Tesla, space startup SpaceX and brain-chip startup Neuralink.Below is a list of Musk's legal entanglements. TWITTER LAWSUITSThe U.S. Securities and Exchange Commission has sued Musk to compel the world's richest man to testify as part of a probe into his $44 billion takeover of social media giant Twitter, a court filing on Oct. 5 showed. In May 2022, Twitter investors had sued Musk, claiming he manipulated the company's stock price by failing to disclose in March 2022 that he was amassing shares in the platform now known as X.X was sued in federal court in Florida on Oct. 2 by a legal-marketing company that cl...
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Elon Musk has a message for you: Have phone, do live video, change the world
30Sep By adminNo Comments
Technology

Elon Musk has a message for you: Have phone, do live video, change the world

[ad_1] Billionaire Elon Musk, known for his online presence on X (formerly Twitter), is asking the general public, anyone with a smartphone, to make waves on the microblogging platform and thereby change the world for the better. Musk wants everyone to know that X is no longer just about text, that it's evolving into an all-in-one solution for users, covering everything from social media to banking.Elon Musk's Call to Citizen JournalistsWith this call to action, Musk is now encouraging the public to become citizen journalists by reporting live from wherever they are using X's live video feature. In case you missed it, Elon Musk recently visited the US-Mexico border to see the situation with illegal immigration in Eagle Pass firsthand. He live-streamed his entire trip so that users could...
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