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Putting aside overzealous obituaries, the possible collapse of Twitter only helps reaffirm the belief that alternatives should exist. Social media, a relatively new phenomenon in the scheme of things, has been captured by mindvirus that monopolies are good – as explained by Peter Thiel in his influential “Zero to One”
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Elon Musk has been facing financial challenges since closing the $44 billion Twitter acquisition deal. The latest action taken by the billionaire was selling 20 million Tesla shares.In a bid to rescue Twitter Inc which is struggling as a result of its new policy, Elon Musk is looking for new funds from
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Roughly seven days ago the owner of Twitter, Elon Musk, disclosed that the social media platform planned to purge 1.5 billion Twitter names if they were inactive or the accounts haven’t logged in for years. After the statement, bitcoiners grew concerned that the now-deceased computer scientist Hal Finney’s Twitter account
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The latest Tesla shares sale by Elon Musk has been tipped to feature Twitter and the need for the billionaire investor to meet some credit obligations with which he financed the acquisition of the social media platform.Elon Musk, the iconic Chief Executive Officer (CEO) of American electric automaker, Tesla Inc
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PayPal's former leadership, known as the "PayPal Mafia," have slammed the payments giant for its debanking policies of late, with one co-founder calling the freezing of funds “totalitarian,” while another compared it to an episode of Black Mirror.Despite becoming crypto-friendly in recent years, the payments tech giant has caught a lot of
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On Dec. 9, 2022, Twitter’s owner Elon Musk told the public that the social media company plans to purge 1.5 billion accounts. Musk further added that the deletions would be obvious accounts that have no tweets or they haven’t logged in for years. However, after Musk announced this plan, a
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Elon Musk briefly ranked second on the “world’s richest person” list on Wednesday after suffering a dip in net worth. On Wednesday, Elon Musk briefly ceded his position as the world’s richest person to LVMH Moët Hennessy Louis Vuitton CEO Bernard Arnault. According to Forbes, Musk temporarily lost the “world’s richest” title after a substantial drop in
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Banks had to fund the whole debt package with their own cash due to a decline in the credit markets.According to people familiar with the matter, Elon Musk’s bankers are considering providing new margin loans backed by Tesla Inc (NASDAQ: TSLA) stock to the billionaire in order to cut risky
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“Vox Populi, Vox Dei, man.” So says self-proclaimed Chief Twit Elon Musk from a private jet flying high above the world during a Twitter Spaces appearance on Sunday, Dec. 4 (JST). It does sound nice to say, but the voice of the mob should never be the voice of “God.”
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The attempts of mainstream media to water down the frauds committed by FTX CEO Sam Bankman-Fried (SBF) did not fare well in convincing the crypto community and entrepreneurs. Instead, the misinformation campaign collided with Tesla CEO Elon Musk’s drive to position Twitter as "the most accurate source of information."The world
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