Cybercrime intelligence firm Hudson Rock has disclosed that a threat actor is trying to sell the users’ data of 400 million Twitter customers containing private information about celebrities, politicians, and companies. Some of the big names include former U.S. President Donald Trump, Ethereum founder Vitalik Buterin, Shark Tank star Kevin O’Leary, billionaire investor Mark Cuban,...Read More
Twitter introduced a new cryptocurrency feature on its platform that allows users to check the current price of bitcoin (BTC) and ether (ETH). The graphics display the logo of the market tracking site Trading View and a link directing to Robinhood. It remains unknown whether those two were somehow involved with the new feature. Twitter’s...Read More
Elon Musk said he will appoint a new Chief Executive Officer of the social media giant as soon as he finds “someone foolish enough” to fill the position. The entrepreneur previously launched a poll asking users whether he should step down as Twitter’s CEO. Over 57% of the participants answered “yes.” Vox Populi, Vox Dei...Read More
New Twitter boss Elon Musk continues to spark controversies, from firing most of the company’s employees to dabbling with key features and restoring banned accounts. Now, the billionaire is up against regulators in the European Union (EU). Musk has, time and again, said that his mission at Twitter is to maximize free speech. He appears...Read More
Private Twitter data pertaining to 5 million users was reshared in a hacker forum last Thursday after first being leaked in July. Whereas July’s leak came with a price tag of $30,000, Thursday’s dump was provided for free. User Private Info Revealed Pompompurin, the owner of the hacking forum HackerOne, confirmed to BleepingComputer over the...Read More
Just three weeks after acquiring social media giant Twitter, Elon Musk has triggered a mass exit at the company. Within the first week, the billionaire fired top executives, including the CEO and CFO, and eliminated over 3,500 job positions. He has now given an ultimatum for the remaining employees to sign up for “long hours...Read More
The notorious new “Chief Twit,” Elon Musk, may not be so for much longer. After buying Twitter and installing himself as its CEO late last month, the billionaire has revealed plans to leave the management of the firm to another person. Elon is Busy Speaking at B20 Indonesia 2022 on Monday, Musk said he was...Read More
After Twitter’s mass layoffs caused a stir in the tech world, Meta appears to be following suit. According to a Wall Street Journal report, the owner of Facebook and Instagram will begin trimming staff in the second week of November. Meta’s Mark Zuckerberg earlier stated that the social media giant’s staff could be smaller next...Read More
FTX CEO Sam Bankman-Fried (SBF) broke down his decision to pass on investing in Twitter at the Forbes Iconoclast Summit on Thursday. Though excited about Elon Musk’s plans, the young billionaire believed his company had little to contribute to help them manifest. Nothing to Offer As SBF summarized over Twitter on Thursday, his company’s strengths...Read More
It has been a week since Elon Musk took ownership of Twitter, and he has wasted no time shaking up the struggling social media firm. The subsequent cataclysmic layoffs have left many baffled. Ethereum co-founder Vitalik Buterin, for one, believes the Tesla chief can make Twitter “really great” or “really terrible.” The latter scenario would...Read More
Elon Musk is officially in charge of Twitter, and he has already made several big-time changes, including a monthly subscription. The rumors on whether the billionaire will implement Dogecoin payments started emerging immediately, and he only strengthened them. It’s been less than a week since Musk’s acquisition of Twitter was completed after several months of...Read More
The world’s largest cryptocurrency exchange – Binance – was one of Elon Musk’s financial backers in his multi-billion acquisition of Twitter, contributing $500 million. CEO Changpeng Zhao (CZ) believes the social media platform will eliminate many problems, including spam comments and scam accounts, with Musk at the helm. Twitter Should Benefit Under the New Regime...Read More
After less than a week as “Chief Twit,” Elon Musk is pushing for the social platform’s first major change – starting with its verification service. The CEO is reportedly forcing his employees to put a paywall behind Twitter’s coveted blue checkmark. If they don’t comply, they will be fired from the company. Musk’s plan is...Read More
After allocating $500 million to support Elon Musk’s Twitter buyout, the world’s largest crypto exchange said it wants to establish a dedicated unit to help the social media platform’s upcoming challenges. The statement from the company, as reported by Bloomberg, informed that one of the key areas where Binance wants to help the most is...Read More
Having officially bought Twitter, Elon Musk will immediately appoint himself as Chief Executive Officer of the now-private social media giant. Besides clearing out its top executives, the new leader reportedly plans to do away with permanently banned accounts across the platform. No More Permabans As reported by Bloomberg on Friday, Musk plans to replace Parag...Read More
Elon Musk is in the process of acquiring the social media giant Twitter. On October 26th, the Tesla boss walked into Twitter’s headquarters carrying a literal sink and saying, “let that sink in!.” Later on, he shared a tweet for his reasoning behind the effort, stating that he has already acquired it. Musk’s persona is...Read More
The billionaire Tesla and SpaceX boss Elon Musk is being investigated by Federal authorities regarding his conduct around his $44 billion deal to buy Twitter. That’s according to a recent filing from Twitter, which seeks to unearth critical documents that Musk is supposedly withholding from the firm. Musk’s Documents As reported by Reuters, it is...Read More
In yet another reversal, Tesla and SpaceX CEO Elon Musk has again agreed to buy Twitter for $54.20 per share – as was initially planned. Twitter shares climbed 18% in value after the news dropped, following a brief pause in trading. As reported by Bloomberg, people familiar with the matter claimed that Musk renewed his...Read More
Elon Musk and Jack Dorsey shared direct messages about creating a more decentralized version of Twitter shortly before Dorsey exited its board of directors earlier this year. Those messages have now been publicly shared as part of a legal discovery process in Elon Musk’s battle to refrain from buying the social media platform. Here’s what...Read More
Although Elon Musk seeks to scrap the deal to purchase Twitter and make it a private company, the social media giant’s shareholders voted to approve the buyout offer for $44 billion. The two sides are set to meet in a Delaware court next month to determine the firm’s faith. Citing a brief conference call among...Read More
Twitter announced its Q2 2022 financial results on Friday, revealing lower-than-expected numbers for revenue, earnings, and user growth. When naming reasons for the slowdown, the company placed partial blame on Tesla CEO Elon Musk for casting uncertainty on their acquisition deal. Twitter’s Q2 Figures According to Twitter’s press release, the company’s revenue decreased by 1%...Read More
Social media giant Twitter has filed a lawsuit against Tesla and SpaceX CEO Elon Musk, seeking to force the billionaire to close the acquisition deal as agreed by both parties. According to court documents, the complaint filed in the Delaware Court of the Chancery on Tuesday (July 12, 2022) alleges that Musk violated the terms...Read More
Twitter’s stock steeply fell in premarket trading on Monday after Elon Musk withdrew his offer to purchase the platform last week. Its shares trade for $34.31 at the time of writing, down 6.89% from Friday’s $36.85 closing price. Twitter VS Elon Musk The new price reflects a 36% discount from Elon Musk’s offer to purchase...Read More
Tesla and SpaceX CEO Elon Musk has backed out on his deal to purchase Twitter for $44 Million. In a filing on Friday, the CEO stated that Twitter hadn’t “complied with its contractual obligations” to him, as detailed in their Merger agreement on April 26th. One such requirement was that Twitter provide him with all...Read More
Elon Musk, the new would-be owner of Twitter, has ambitious plans for the company and believes that the integration of crypto transfers on the social media app “makes sense.” Crypto Payment Integration on Twitter Details of Musk’s latest interaction with the Twitter employees at a virtual town hall surfaced for the first time since striking...Read More
Changpeng Zhao – CEO of Binance, the world’s largest crypto exchange – has reaffirmed his support for Elon Musk’s plan to buy out Twitter. He also went deep on Binance’s current financial position, explaining that the exchange is more than prepared for the bear market. ‘If He’s Off, We’re Off’ In an interview with Bloomberg...Read More
After Twitter’s 2022 meeting of shareholders on Wednesday, Jack Dorsey stepped down from the company‘s board of directors. This means that all of the social media giant’s founders have severed their official ties with the business. Dorsey, Elon, and the Board Back in December, Dorsey stepped down as Twitter’s CEO to be replaced by Parag...Read More
Elon Musk informed that his acquisition of Twitter had been delayed because of issues related to fake accounts and scams on the popular social medial platform. The CEO of Tesla and SpaceX made the news in April when it became known that he had purchased a 9.2% passive stake in Twitter. Shortly after, he dabbled...Read More
San Francisco-based fintech giant Stripe announced its latest advance into cryptocurrency by partnering with Twitter. According to the new pilot program, Stripe will let a small group of creators send and receive payments in USDC via its payment platform, Connect. Creators can thus directly manage their account details through the Stripe Express app. Stripe’s Crypto...Read More
Besides generating a lively discussion among Twitter users across the globe, Elon Musk’s bid to acquire the social media platform for $43 billion in cash has also galvanized the blockchain’s billionaire club. In the latest, Ethereum co-founder Vitalik Buterin has made his mind public on the issue. In a tweet on Saturday, he said he doesn’t...Read More
