News That Matters

Tag: Twitter

Is Elon Musk in over his head?
Business

Is Elon Musk in over his head?

Is Elon Musk in over his head? - CBS News Watch CBS News Elon Musk, the man behind cutting-edge companies Tesla and SpaceX, recently bought Twitter for $44 billion. What followed has been a chaotic period for the social media platform, during which Musk has invited back some users who had previously been banned or otherwise restricted; fired employees en masse; and rolled back content moderation. To what end? Correspondent Luke Burbank talks with tech journalist Kara Swisher and cybersecurity expert Alex Stamos about Musk's impact on the company so far. Be the first to ...
Half of Twitter’s top advertisers appear to leave platform within a month of Musk’s takeover, report says
Business

Half of Twitter’s top advertisers appear to leave platform within a month of Musk’s takeover, report says

The few weeks since Elon Musk took the reins of Twitter have been filled with chaos – including a launch, takedown and relaunch of premium services as well as the unbanning of controversial figures. And this week, a new report showcases the impact the management change may be having on the social media giant's finances. Nonprofit watchdog group Media Matters for America published a report on Tuesday concluding that Twitter has lost half of its top advertisers since Elon Musk acquired the platform at the end of October. According to the report, 50 of the platform's top 100 advertisers, which have accounted for about $2 billion in spending since 2020, "have either announced or seemingly stopped advertising" in recent weeks. These companies had brought in over $750 million in adver...
India-US joint military exercise Yudh Abhyas underway in Uttarakhand
Fitness

India-US joint military exercise Yudh Abhyas underway in Uttarakhand

The eighteenth edition of India-US joint military exercise Yudh Abhyas is currently underway in Uttarakhand, aiming to enhance interoperability and share expertise between both the armies in peacekeeping and disaster relief operations, officials said on Thursday.The nearly two week exercise began recently. ''The 18th Edition of India-US Joint Exercise #YudhAbhyas commenced today at Foreign Training Node, Auli. The aim of Joint Exercise is to enhance interoperability & share expertise between both the Armies in Peace Keeping & Disaster Relief Operations.#IndianArmy #IndiaUSFriendship,'' the Army had tweeted on November 19.The exercise is conducted annually between India and the US with the aim of exchanging best practices, tactics, techniques and procedures between the armies of...
Kanye West returns to Twitter
Entertainment

Kanye West returns to Twitter

Rapper Ye, formerly known as Kanye West, returned to Twitter on Sunday, writing "Testing Testing Seeing if my Twitter is unblocked." Twitter confirmed last month that West had been locked out of his account "due to a violation of Twitter's policies,"  While Twitter did not specify which policies West had broken, he posted on Oct. 9 "death [sic] con 3" on Jewish people." In the tweet — which has since been removed — West also wrote, "The funny thing is I actually can't be Anti Semitic because black people are actually Jew also." Testing Testing Seeing if my Twitter is unblocked— ye (@kanyewest) November 20, 2022 West was also restricted by Instagram earlier this month, posting on Parler, the right-leaning social network, that he was  "kicked off Instagram for 30...
Twitter’s Copyright Strike System is Down
Entertainment

Twitter’s Copyright Strike System is Down

Twitter's copyright strike system is reportedly down. The system is responsible for taking down any copyrighted content, like movies and music, that may be circulating on its site. But since it's not functioning as it should, many users are taking the opportunity to tweet out full-length versions of popular films and TV shows. The only caveat to doing this is the site's maximum video upload requirement, meaning the movie can't be posted in one tweet. Instead, fans are filling each others' timelines with threads of a couple of minutes worth of video clips in their chronological order. One fan tweeted out the first Avatar movie from 2009 on Nov. 17, and the thread is still live as of writing.Another shared the entirety of the 2014 Need for Speed film, starring Aaron Paul, Dakota Johnson, ...
Elon Musk reinstates Trump’s Twitter account 22 months after it was suspended
Business

Elon Musk reinstates Trump’s Twitter account 22 months after it was suspended

Twitter closes offices through Monday as employees walk out Twitter closes offices through Monday as employees walk out 02:20 Elon Musk reinstated former President Donald Trump's account on Twitter Saturday, reversing a ban that had kept Trump off the social media site for more than 22 months — since a pro-Trump mob attacked the U.S. Capitol on Jan. 6, 2021, as Congress was poised to certify President Biden's election victory. Musk made the announcement after holding a poll that asked Twitter users to...
Musk fires outsourced content moderators who track abuse on Twitter
Business

Musk fires outsourced content moderators who track abuse on Twitter

New Twitter owner Elon Musk is further reducing the number of workers who battle misinformation on the social media platform, with moderators who work on contract for the company learning over the weekend that they were out of a job.Twitter and other big social media firms have relied heavily on contractors to track hate and enforce rules against harmful content. But many of those content watchdogs have now headed out the door, first when Twitter fired much of its full-time workforce by email on November 4 and now as it moves to eliminate an untold number of contract jobs.Melissa Ingle, who worked at Twitter as a contractor for more than a year, was one of a number of contractors who said they were terminated Saturday. She said she's concerned that there's going to be an increas...
Elon Musk warns Twitter could face bankruptcy as top executives flee
Business

Elon Musk warns Twitter could face bankruptcy as top executives flee

Elon Musk told Twitter staff Thursday to brace for "difficult times ahead" and warned that the company could go bankrupt if it doesn't find new ways of making money.Speaking at an all-employee meeting on Thursday, Musk said Twitter was losing money and that "bankruptcy isn't out of the question," according to reporting from Platformer and Bloomberg. The revelations marked another whirlwind day since Musk took control of the social media platform.  Late Wednesday night, Musk sent his first email to employees, ordering them to stop working from home and to show up at the office Thursday morning, reversing the work-from-anywhere policy Twitter implemented during the pandemic."Sorry that this is my first email to the whole company, but there is ...
Biden says Elon Musk’s foreign investors in Twitter are “worth being looked at”
Politics

Biden says Elon Musk’s foreign investors in Twitter are “worth being looked at”

President Biden said on Wednesday that the role of foreign investors in funding Elon Musk's $44 billion purchase of Twitter is "worth being looked at."Mr. Biden made the comment in response to a question at a press conference about whether Musk's actions — including securing the backing of Prince Alwaleed bin Talal of Saudi Arabia and Qatar Holding, an investment firm owned by the Arab country's sovereign wealth fund, to help fund his deal to buy Twitter — could post a threat to U.S. national security. "I think that Elon Musk's cooperation and/or technical relationships with other countries is worthy of being looked at," Mr. Biden said. "Whether or not he's doing anything inappropriate, I'm not saying that, but it's worth being looked at."  Mu...
Twitter will add ‘official’ mark to big verified accounts – National
Global News

Twitter will add ‘official’ mark to big verified accounts – National

Twitter said Tuesday it will add a gray “official” label to some high-profile accounts to indicate that they are authentic, the latest twist in new owner Elon Musk’s chaotic overhaul of the platform’s verification system. The site’s current system of using what are known as “blue checks” confirming an account’s authenticity will soon go away for those who don’t pay a monthly fee. The checkmarks will be available at a yet-to-be-announced date for anyone willing to pay a $7.99-a-month subscription, which will also include some bonus features, such as fewer ads and the ability to have tweets given greater visibility than those coming from non-subscribers.The platform’s current verification system has been in place since 2009 and was created to ensure high-profile and public-facing ac...