Shares of Tesla slumped after reporting a drop in quarterly earnings and hinting the Musk-led company could face further profit pressures from more price cuts on its vehicles. As Twitter, Tesla and SpaceX deal with turbulence, Musk is a common denominator, noted independent tech analyst Rob Enderle.

Speaking at a meeting in Florida, the controversial billionaire outlined new rules, first announced Monday, to limit the reach of tweets that do not conform to the platform's guidelines. Since purchasing the so-called bird app in a rollercoaster $44 billion deal last year, Musk has sharply reined in content moderation...

The Tesla tycoon bitterly denies that misinformation has surged since his turbulent $44 billion acquisition of the messaging platform, but experts say content moderation has been gutted after mass layoffs, while a paid verification system has served to boost conspiracy theorists.

San Francisco, United States--Elon Musk has formed an X.AI artificial intelligence corporation based in the US state of Nevada, according to business documents that surfaced on Friday. Musk, who is already the boss of Twitter and Tesla, was listed as director of X.AI Corporation founded on March 9, a state business...

Musk has bought thousands of powerful, costly computing processors and hired AI engineering talent, Insider reported, while another tech-focused outlet, the Information, said the entrepreneur has floated the idea of starting a rival to ChatGPT. Meanwhile, Musk has slashed staff at Twitter as part of dramatic cost cutting since his...

Major advertisers suspended Twitter activity after Musk took over.

The change in how Twitter refers to Washington-based National Public Radio happened quietly overnight Saturday and comes after the network complained that the term "state-affiliated" was disparaging and inaccurate. Twitter last week branded NPR in the same way as government-owned Chinese and Russian platforms.

His decision to change the logo to a Shibu Inu dog, whether permanent or another short-lived joke, caused the price of dogecoin to surge by more than 20 percent. Musk has 133 million followers and has long used the platform for self-promotion and humor, occasionally also promoting dogecoin, a cryptocurrency...

The New York Times was among news media companies, firms and charities that had already lost their blue tick and were tagged as verified business accounts with a gold tick under Musk's new system. To retain the gold tick after the rollout of the subscription service dubbed Twitter Blue, these...

The email to employees dealt with a new stock compensation program in the San Francisco-based company and the attribution to employees of stock in X Holdings, Twitter's umbrella company since Musk purchased it in late October. "Twitter was trending to lose ~$3B/year," Musk said in a message posted Saturday on...

SAN FRANCISCO, US - Facebook owner Meta is working on a new "text sharing" social media platform, it said Friday, in a project seen as a potential rival to embattled Twitter. Since billionaire Elon Musk's takeover of Twitter in October, the influential website has suffered outages, layoffs and seen advertisers flee...

A media report said that company has laid off 10% of its workforce.

And their posts, photos and videos will have a higher profile than those of non-subscribers by appearing atop search results, commentaries and recommendations. Meta is also promising new creative functionalities. Meta Verified will be rolled out in Australia and New Zealand this week before coming to markets in the United...

Musk paid $44 billion for his favorite social media platform and exiting day-to-day operations would allow him to deflect criticism that he is neglecting his other ventures, especially car company Tesla, which has seen its share price plummet since he took over Twitter. He has given few clues to what...

Twitter's British landlord said it is taking the social media to court for not paying rent on its London offices. The Crown Estate, a firm that manages land and property belonging to the British monarchy, said it has launched legal action at the High Court for rental arrears on an...

The recent announcement of Twitter updating its services would be a radical change in business model from Twitter, which has so far relied on targeted advertising to generate revenue, before launching a paid subscription service in mid-December.

San Francisco, United States--Tesla CEO Elon Musk took the stand in a California fraud trial on Friday, accused of lying in tweets about taking the auto company private, punishing investors. Musk was called to testify by lawyers for angry investors who accuse him of costing them millions of dollars in 2018...

San Francisco, USA - A Twitter bird statue fetched $100,000 on Wednesday as Elon Musk auctioned off furniture, decorations, kitchen equipment and more from the tech firm's downtown San Francisco headquarters. An online auction of "surplus corporate office assets of Twitter" that lasted slightly more than 24 hours also featured...

An online auction of "surplus corporate office assets of Twitter" that lasted slightly more than 24 hours also featured a 10-foot neon light in the shape of Twitter's bird logo, which brought in a winning bid of $40,000, Heritage Global Partners auction service confirmed.

PARIS, FRANCE - Iran has released a prominent chef and Instagram influencer who was detained earlier this month in its crackdown on nationwide protests, a human rights groups and supporters said. Navab Ebrahimi, known for his videos promoting Persian cooking, was arrested in Tehran on January 4 and taken to the...

Microsoft, which makes no secret of its AI ambitions, has integrated Dall-E 2 into several of its applications and now, according to a report in Bloomberg, the tech giant wants to graft ChatGPT to its Bing search engine to take on Google. Since ChatGPT was introduced in November, the prowess...

Those reinstated include far-right activists, anti-Muslim extremists as well as others peddling election conspiracies and Covid-19 misinformation, according to an analysis by the non-profit Media Matters of dozens of restored accounts with millions of combined followers.

The company supplied 1.31m EVs last year.

San Francisco, United States--Nearly 100 Starlink internet terminals are currently operating in Iran, SpaceX chief Elon Musk said Monday. The tycoon had promised to bring the satellite internet network to the country in September as Iranian authorities imposed increasingly severe access restrictions, in a move activists called a campaign to limit...

In the poll results which were posted on Monday, 57 percent of voters, or 10 million votes, favored Musk stepping down just eight weeks after he took ownership of the company for $44 billion.

Analysts have also pointed out that the stock price of Tesla has slumped by one-third since Musk's Twitter takeover. The share price briefly rallied by 3.3 percent on Monday before fading. "It's hard to ignore the numbers since [the Twitter] deal closed," tweeted investment expert Gary Black, saying he reckoned...

The unpredictable billionaire posted the poll shortly after apparently acknowledging he had made a mistake banning Twitter users from promoting their accounts on rival social media platforms. "Going forward, there will be a vote for major policy changes. My apologies. Won't happen again," he tweeted.

The move of not allowing users to promote their accounts on several rival social media platforms including Facebook and Instagram was the latest in a growing series of controversies generated by Musk in his short tenure at the helm of Twitter, including layoffs, reinstatement of some far-right accounts and the...

Elon Musk said late Friday he would reinstate the Twitter accounts of several journalists that were suspended after he accused them of endangering his family. Musk carried out a Twitter poll asking whether he should restore the suspended accounts now or in a week's time. Nearly 59 percent of the...

The account was in action briefly later in the day, after Twitter sent out word that it updated its policy to prohibit tweets, in most cases, from giving away someone's location in real time. "Yes I am back!" read a tweet fired off by @ElonJet, which added a link to...

Musk also posted a meme showing Fauci telling US President Joe Biden, "Just one more lockdown, my king..." -- in apparent criticism of the Covid mitigation measure Musk has repeatedly slammed but has not been deployed in the country for over a year.

The social media giant is facing a growing number of cases over the terms of terminating employees -- and even a complaint to the city of San Francisco that Musk has illegally converted office space into bedrooms so that workers can sleep on site. "It's very concerning that the richest...

West has made a series of anti-Semitic comments recently, as the one-time titan of fashion and music appears to have entered a disturbing spiral. On Thursday, he appeared on Infowars, the show fronted by conspiracy theorist Alex Jones, to rant about sin, pornography and the devil. "I like Hitler," West...

Press advocates say the new law could allow authorities to shut down the internet, preventing the public from hearing about exiled Turkish mob boss Sedat Peker's claims about the government's alleged dirty affairs. Or, they say, the government could restrict access to social media as they did after a November...

The world's richest person, Elon Musk opened fire on the planet's most valuable company early this week over fees and rules at the App Store, saying Apple had threatened to oust his recently acquired social media platform. Analysts told AFP the clash may have came down to money, with Musk...

Twitter's New boss Elon Musk believes that all content permitted by law should be allowed on the social media platform, and on Monday described his actions as a "revolution against online censorship in America."

A series of tweets fired off by Musk included a meme of a car with his first name on it veering onto a highway off-ramp labeled "Go to War," instead of continuing onwards towards "Pay 30%." The billionaire CEO also tweeted that Apple has "threatened to withhold Twitter from its...

Journalists have been tied to the platform for announcements by politicians and celebrities -- most famously the dreaded late-night and early-morning tweets from Donald Trump that left hundreds of journalists sleep-deprived throughout his presidency. By rewarding the most vehement voices, the platform tends to drown out the majority of the...

Trump, who had more than 88 million users when his accounted was suspended, reveled in using Twitter as a mouthpiece during his presidency, posting policy announcements, attacking political rivals and communicating with supporters.

US media have previously reported that the platform and its various branches will lay off about 10,000 employees. Amazon did not confirm the figure, but he said that the process had begun and would continue early next year. The first teams affected were those dealing with the brand's electronic devices...

Esther Crawford, the platform's director of product development and one of the few managers who have not been fired, who have not resigned and who still publicly support the new leader, tweeted: "To all the Tweeps who decided to make today your last day: thanks for being incredible teammates through...

New York, United States— Twitter's new boss Elon Musk has asked staff to choose by Thursday between being "extremely hardcore" and working intense, long hours, or losing their jobs, according to an internal memo seen by AFP. The Tesla tycoon has come under fire for radical changes at the social media...

The layoffs would follow an aggressive hiring spree. With business booming due to the coronavirus pandemic, as cooped up people turned in earnest to online shopping, Amazon doubled its workforce from the first quarter of 2020 to 1.62 million employees two years later.

The backlash against Eli Lilly showcased the real-life potential of online disinformation to trigger chaos and financial loss. The company's stock price has marginally recovered since last week's drop.

The seemingly disembodied billionaire Twitter owner appeared by video link on Monday to address business leaders in Bali on the sidelines of the G20 summit, only his face and hands visible on an otherwise black screen.

Designed as a punishment for the government of Iran, the EU will likely adopt new sanctions against the Islamic republic next week over its deadly crackdown on protests in the country. The German foreign minister said that the bloc will not let up and that "it stands with the men...

Zuckerberg said the cuts represented 13 percent of Meta's workforce and would affect its research lab focusing on the metaverse as well as its apps, which include Facebook, Instagram and messaging platform Whatsapp.

Musk has been searching for ways for the social media platform to make money after the buyout, including an idea to charge users $8 a month for verified accounts. The move would help overcome a potential loss of advertisers, Twitter's main source of revenue, after many top brands put their...

No financial terms were disclosed of the proposed deal.

Meta is planning to sack thousands of employees this week, becoming the latest tech firm to scale back its workforce. According to the Wall Street Journal the layoffs could impact "many thousands" of Meta employees. The company has about 87,000 employees worldwide working across its different platforms.