Monday, 07 Oct, 2024

Tech

Elon Musk plans to eliminate half of Twitter jobs to cut costs

Elon Musk plans to eliminate about 3,700 jobs at Twitter Inc., or half of the social media company’s workforce, in a bid to drive down costs following his $44 billion acquisition, according to people with knowledge of the matter. Twitter’s new owner aims to inform affected

Elon Musk fires Twitter board, making himself sole director

Elon Musk has fired Twitter’s board of directors, giving himself unfettered control over the social media giant, according to a company filing. Musk became “sole director” of Twitter after finalising his $44bn takeover of the company last week, according to documents

Musk denies Twitter job cuts to avoid payouts

Elon Musk has denied a New York Times report that he plans to lay off Twitter workers before the start of next month to avoid having to make payouts. Replying to a Twitter user asking about the report, he said: "This is false." Last week, Mr Musk completed his $44bn

No change to Twitter moderation policy yet: Musk

Billionaire Elon Musk has said there will be no changes to Twitter's content moderation policies for now after completing his $44bn (£38.1bn) takeover of the platform. "To be super clear, we have not yet made any changes to Twitter's content moderation

Elon Musk now owns Twitter, fires CEO

Elon Musk has completed his $44 billion deal to buy Twitter, a source familiar with the deal told CNN Thursday, putting the world’s richest man in charge of one of the world’s most influential social media platforms. Musk fired CEO Parag Agrawal and two other executives,

Elon Musk visits Twitter carrying sink as deal looms

Elon Musk has posted a video of himself walking into Twitter's headquarters carrying a sink, raising speculation about the fate of his planned takeover. The billionaire faces a Friday deadline to complete the $44bn (£38bn) purchase, which he announced months ago but then

New NASA instrument detects methane ‘super-emitters’ from space

NASA scientists, using a tool designed to study how dust affects climate, have identified more than 50 methane-emitting hotspots around the world, a development that could help combat the potent greenhouse gas. NASA said on Tuesday that its Earth Surface Mineral Dust Source

WhatsApp back online after global outage

Meta Platforms said it has fixed an issue with its messaging service, WhatsApp, after users across Europe, Asia, and the United Kingdom were not able to use the application for hours. At around 0750 GMT on Tuesday, outage reporting site Downdetector showed over 68,000 users reporting

WhatsApp goes down for users around the world

Messaging platform WhatsApp has gone down for users around the world. Many have taken to social media to complain that they are unable to send or receive messages on the popular Meta-owned platform. After opening the app, users have found that while they can still access their

Indian rocket launches 36 OneWeb satellites

The London-based satellite company, OneWeb, is back on track with the launch of another 36 spacecraft for its global broadband internet system. The platforms went up on a GSLV rocket from Sriharikota island in India. OneWeb's efforts to deploy its telecommunications network had

Twitter shares fall as Musk takeover faces fresh questions

Twitter shares fell about five per cent early today as the proposed takeover by Elon Musk faced new questions and weak Snap results weighed on social media shares. Bloomberg reported that the Biden administration was weighing a national security review of Musk’s US$44 billion

India fines Google $162m for anti-competitive practices

India’s competition regulator has ordered Alphabet Inc’s Google to change its approach to its Android platform and fined the United States tech company 13.38 billion Indian rupees ($161.95m) for anti-competitive practices. The Competition Commission of India (CCI) on

Musk says he's 'excited' about buying Twitter, but overpaying

Twitter had filed a lawsuit to hold Musk to the terms of the deal he inked in April after the Tesla chief sent word he was terminating the contract. "I'm excited about the Twitter situation," Musk said while fielding questions on a Tesla quarterly earnings call.

Elon Musk says SpaceX will fund Starlink internet in Ukraine

Elon Musk on Saturday announced that his company would continue to pay for Starlink satellite internet in war-torn Ukraine, a day after suggesting he could not keep funding the project. Musk had said on Friday that SpaceX would not be able to pay for Starlink in Ukraine indefinitely,

Elon Musk under investigation, Twitter Inc says in court filing

Billionaire entrepreneur Elon Musk is under investigation by United States federal authorities for his handling of a $44bn deal to take over Twitter Inc, the social media company has said in a court filing. Twitter Inc’s court filing, which was released on Thursday, said that

Microsoft avoids paying tax in many countries: Study 

Tech giant Microsoft has avoided billions in taxes in Britain, Australia and New Zealand, all countries where it has lucrative public sector contracts, because of its complex corporate structure, a study published Thursday claimed. The company, which insists it respects local laws and

Meta unveils new virtual reality headset Quest Pro

A year after it rebranded itself in the name of building a metaverse, Meta on Tuesday unveiled a new version of its virtual reality headset tailored for working professionals. The $1,500 Meta Quest Pro features a number of new features that are meant to improve users’ perception

Elon Musk wades into China and Taiwan tensions

Beijing and Taipei have spoken out after Tesla chief executive Elon Musk said Taiwan should become a special administrative zone of China. The world's richest man said in a Financial Times interview he believed the two governments could reach a "reasonably palatable"

Meta warns Facebook users of password-stealing phone apps

Meta warned a million Facebook users on Friday that they have been "exposed" to seemingly innocuous smartphone applications designed to steal passwords to the social network. So far this year, Meta has identified more than 400 "malicious" apps tailored for

To buy Twitter, Musk has to keep banks, investors on board

If the squabbling ever stops over Elon Musk’s renewed bid to buy Twitter, experts say he still faces a huge obstacle to closing the $44 billion deal: Keeping his financing in place. Earlier this week, Musk reversed course and said he’d go through with acquiring the social