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Executives from Meta (Facebook, Instagram), X (formerly Twitter), TikTok, Discord and Snap appear before the US Senate this Wednesday to talk about the dangers of social networks for children and adolescents. They are accused of not doing enough to limit the risks of these platforms, such as sexual predators or teen suicide prevention. Several victims […]
Tag: Twitter
Twitter lost more than 70% of its value since Elon Musk bought it
‘x‘, the social network formerly known as Twitter, has lost a third of its value since Elon Musk bought it, according to Fidelity Investments. It is worth remembering that The tycoon acquired72% less compared to its participation when the purchase was made. Bloomberg details that the layoffs and closure of international offices also influenced the […]
European Commission opens a file against social network X for not combating illegal content
The European Comission This Monday opened an infringement procedure against the social network because it suspects that it is not combating illegal content and misinformation and that it encourages users to subscribe to its paid version through blue verification. Brussels believes that it is also failing to comply with the new transparency requirements demanded by […]
US Attorney’s Office registered Donald Trump’s Twitter account
The special prosecutor of USA who investigates donald trump obtained in January an access order to the account of Twitter of the former president and the social media company were slow to comply with the provision, according to an appeals court opinion issued Wednesday. The Court of Appeals for the District of Columbia Circuit upheld […]
Elon Musk Says Twitter Cash Flow Remains Negative as Ad Revenue Falls
Elon Musk said that the cash flow of Twitter it remains negative due to a nearly 50% drop in ad revenue and a heavy debt load. “We need to get cash flow positive before we can afford to do anything else,” Musk said in a tweet early Saturday. After Musk acquired Twitter in October, the […]
Mark Zuckerberg says he is ready to fight Elon Musk in a ring
mark zuckerbergone of the founders of Facebook and the executive director of Meta, said in the last hours on Instagram that he is ready to fight against Elon Muskowner of Twitter, after the Tesla CEO joked about the idea of a mixed martial arts (MMA) cage match between the two. “send me the location“, wrote […]
Sony, Universal and other record companies sue Twitter for violating intellectual property
About twenty major record companies, including Universal and Sony, denounced Twitter this Wednesday in a United States court for benefiting from the compositions of its artists in what it considers a “massive violation of intellectual property that harms music creators”. The record companies filed a civil lawsuit against X Corpthe company of billionaire Elon Musk […]
Twitter is now worth a third of what Elon Musk paid
Musk shelled out $44 billion to buy the social network and restore “free speech,” but the tide appears to have gone wrong, according to Fidelity Investments. Fonavi: they propose to start the returns in July Price of the dollar today in Peru: what is the exchange rate for this Wednesday, May 31? Elon Musk allocated […]
Twitter will be banned in the EU if it doesn’t combat misinformation, warns French minister
Twitter risks being banned from the European Union if it does not comply with the bloc’s rules on the fight against disinformation, the French Minister of Digital Transition, Jean Noël Barrot, warned on Monday. “If Twitter does not comply with our rules, it will be banned, in the event of a repeat offence, in the […]
Twitter can’t circumvent EU rules after abandoning code: Breton
Twitter You cannot evade your obligations even after you have abandoned a code of practice volunteer of the EU to face the disinformationwarned the company on Friday the head of Industry of the EU, Thierry Breton. Companies that sign the code must submit periodic reports with data about the ad revenue they missed out on […]