Twitter laid off half its workforce on Friday but said cuts were smaller in the team responsible for preventing the spread of misinformation, as advertisers pulled spending amid concerns about content moderation. Tweets by staff of the social media company said teams responsible for communications, content curation, human rights, and machine learning ethics were among
Social
Elon Musk, the new Twitter head, has been laying off employees across teams in global offices. The SpaceX CEO has recently sacked the entire Ethical AI team, as confirmed by fired employees in their tweets. The Director of the ML Ethics, Transparency, and Accountability team at Twitter, Rumman Chowdhury, shared a tweet earlier in the
Twitter’s new owner Elon Musk said on Friday that the social media company had seen a “massive” drop in revenue and blamed activist groups pressuring advertisers. Musk, who took control of the firm last week, said the revenue decline came “even though nothing has changed with content moderation and we did everything we could to
General Mills and Luxury automaker Audi of America said on Thursday they have paused advertising on Twitter, days after the social media platform was acquired by billionaire Elon Musk for $44 billion (roughly Rs. 3,37,500 crore). ”We will continue to monitor this new direction and evaluate our marketing spend,” a General Mills spokesperson said. Audi of
Homegrown microblogging platform Koo has announced that the total download for its application has crossed the 50 million (5 crore) mark. The platform was launched in early 2020 with an aim to become an alternative to other available microblogging options, including Twitter. It is a multi-lingual, micro-blogging platform to enable Indians to express themselves online in
Ajit Mohan, who served as head of Meta in India, has left the firm to join rival social media company Snap. Mohan has taken up the role of President of APAC business at Snap, the company revealed on Thursday. Mohan joined Facebook in January 2019 as Vice President and Managing Director of its India business. Since
Social media platform Twitter could become much more entwined with cryptocurrencies and blockchain in the future, one of the backers of Elon Musk’s $44 billion (roughly Rs. 3.6 lakh crore) takeover hinted on Wednesday. Changpeng Zhao, who owns the crypto firm Binance and put $500 million (roughly Rs. 4,100 crore) into the takeover by the world’s
Elon Musk is reportedly looking to make the edit button available for all Twitter users, without a Twitter Blue subscription. The Tesla CEO, who recently took on the role of Twitter CEO, on Tuesday announced plans to revise Twitter’s user verification process by charging $8 (roughly Rs. 660) a month for the Twitter Blue subscription
Tinder parent Match topped quarterly revenue estimates as more users looking for matches and connections took paid subscriptions on dating app Tinder, sending the company’s shares up 16 percent on Tuesday. The results are welcome news for the company which has been rocked this year by executive changes and analyst concerns about poor execution of
WhatsApp banned 26.85 lakh accounts in India in September, including 8.72 lakh accounts which were barred proactively before being flagged by users, the Meta-owned instant messaging firm said on Tuesday. The number of accounts blocked in September were 15 per cent more than the 23.28 lakh accounts the messaging platform banned in August. “Between 1
Within hours of the attack on Paul Pelosi, conspiracy theories deflecting blame for the assault on the husband of US Speaker Nancy Pelosi were already swirling online. It didn’t matter that authorities said Paul Pelosi was alone when the suspect broke into the couple’s San Francisco home. Or that investigators said they didn’t believe the
Sriram Krishnan, an Indian-American technology executive, is “helping out” Twitter’s new owner Elon Musk as he revamps the social media giant following its acquisition by the billionaire entrepreneur. Krishnan is a general partner at Silicon Valley venture capital firm Andreessen Horowitz (a16z). “Now that the word is out: I’m helping out @elonmusk with Twitter temporarily
Elon Musk bought Twitter last week for $44 billion with the help of Wall Street bank loans and shareholders who agreed to roll over their interest in the social media service in exchange for a stake of the new private company. That means Twitter, whose shares were delisted last week after almost a decade as
Billionaire Elon Musk is already floating major changes for Twitter — and faces major hurdles as he begins his first week as owner of the social-media platform. Twitter‘s new owner fired the company’s board of directors and made himself the board’s sole member, according to a company filing Monday with the Securities and Exchange Commission. He’s
Instagram users have been facing issue on the social media platform on Monday, with many reporting that their account has been suspended without any prior information. According to Downdetector, Instagram users have been facing a global outage, which reportedly started around an hour ago. Instagram, too, acknowledged the issue in a Twitter post on Monday
Twitter’s new owner Elon Musk has denied a New York Times report about laying off Twitter employees at a date earlier than November 1 to avoid stock grants due on the day. In a response to a Twitter user asking about the layoffs, Musk tweeted: “This is false.” The New York Times reported on Saturday
Elon Musk has tweeted that Twitter will instate a ‘Content Moderation Council’ comprised of people with ‘widely diverse viewpoints’. One of the key functions of this council will be to consider unblocking the accounts of people who have been permanently suspended. No major decisions about content moderation or reinstating blocked accounts will be made without
Elon Musk was forced through a months-long court battle to buy Twitter on Thursday, but numerous lawsuits remain against the world’s richest person and electric carmaker Tesla, where he is chief executive. Twitter Lawsuit Twitter investors sued Musk in May in San Francisco federal court, claiming he manipulated Twitter’s stock price by failing to disclose
Meta Platforms Chief Executive Officer Mark Zuckerberg will testify in a case by the Federal Trade Commission (FTC) that argues the company’s proposed deal to buy virtual reality (VR) content maker Within Unlimited should be blocked. In a court document filed with the US District Court Northern District Of California on Friday, the FTC listed
General Motors said late on Friday it had temporarily halted paid advertising on Twitter after Elon Musk completed his takeover of the social media company. The largest US automaker said it was “engaging with Twitter to understand the direction of the platform under their new ownership.” Twitter did not immediately respond to a request for comment. Musk
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