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The world's wealthiest person directed a series of insults at the U.S. senator over his call for billionaires to pay more in taxes Author of the article: Bloomberg News Justin Bachman Tesla Inc Elon Musk, right, launched a series of insults at U.S. senator Bernie Sanders, left, over his call for billionaires to pay more in taxes. Photo by Getty Images/Reuters Elon Musk, the world’s wealthiest person, directed a series of insults at Bernie Sanders on Twitter after the U.S. senator repeated his call for billionaires to pay more in taxes. Musk even raised the notion of selling more of his Tesla Inc. shares, which would require him to pay capital gains taxes. The 80-year-old Sanders, who unsuccessfully sought the Democratic Party presidential nomination in 2016 and 2020, on Saturday tweeted that “we must demand that the extremely wealthy pay their fair share.” He didn’t mention Musk by name. Musk, whose US$286 billion fortune has made him a target for supporters of a wealth tax, responded: “I keep forgetting that you’re still alive.” Advertisement This advertisement has not loaded yet, but your article continues below. In a subsequent tweet early Sunday, the chief executive officer of Tesla and SpaceX asked:…

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New Delhi: Indian cricketer Mohammed Shami was subject to a wave of online abuse from right-wing trolls on social media following India’s T20 World Cup loss to Pakistan. While his religious identity singled him out from the rest of the team, the accusations were accordingly “communal” in nature. Hate-mongering campaigns on social media have seen a string of successes recently, painting an entire community as the “enemy”. In all cases, the targets have inevitably been Muslims, whether it was Shami, Aryan Khan or Kashmiri students after the India-Pakistan match. And Twitter is failing to check online hate, abuse and threats against Muslims more than any other community in India. This story unfolds as a common one, and begins from a personal experience that escalated into a deeper dive into the world of saffron trolls. One day after winning a National Film Award for Best Actress, Kangana Ranaut – who is fighting a defamation suit filed against her by lyricist Javed Akhtar – visited the former jail cell of Hindutva ideologue V.D. Savarkar and paid tribute to the Hindutva view of history. Also read: A Twitter Ban Is a Tough Pill to Swallow, but a Medicine We Need More Of I posted…

Elon Musk Published 14 November 2021 Tesla Inc Chief Executive Officer, Elon Musk, has sold an additional portion of his share in his company worth about $687m, regulatory filings revealed this, Reuter has reported. Earlier in the week, Musk had offloaded about $5bn in stock options. On November 11 in multiple transactions, Musk sold 587,638 and 52,099 shares held by his trust according to two separate filings. Tesla shares were up 0.5 per at $1,069 in premarket trading. The world’s richest person and Tesla’s top shareholder had tweeted last weekend that he would sell 10 per cent of his stock if users of the social media platform approved the move. In what seems like a first round of share sale, filings showed that Musk’s trust sold nearly 3.6 million shares in Tesla, worth around $4bn, he has also personally sold another 934,000 shares for $1.1bn to cover tax obligations after exercising options to acquire nearly 2.2 million shares. Before now, Musk’s stake in Tesla was about 23 per cent including stock options. Musk has since said he would have to exercise a large number of stock options in the next three months, which would create a big tax bill. Copyright…

Los Angeles Lakers icon Magic Johnson is an absolute legend on Twitter. He has no less than 5.1 million followers on his account, which more often than not, marvel at the bizarrely groundbreaking tweets he sends out every now and again. For some reason, the Lakers Hall of Famer often comes out with tweets that are overly mundane (and articulate) — to the point that people are forced to question whether or not it’s actually Magic Johnson himself who’s sending out these tweets. As it turns out, it is not. Hollywood actor Rob Lowe, who happens to be really good friends with Magic dropped a bombshell on Friday’s episode of his Pardon My Take podcast. According to Lowe, Johnson literally has someone following him around to tweet out the things he says: “I have new and breaking news. Last night, I found out that Magic Johnson does not physically do any of the tweets, which may explain some of it,” Lowe said (h/t Jacob Rude of Silver Screen & Roll). “So it’s articulated clearly across the room or while he’s doing 17 other things — a titan of the industry — and then there is a woman whose job is…

Should you get Twitter Blue? That depends on whether you consider yourself a “power user.” The platform’s new subscription service, which costs $3 per month, comes with a suite of requested features: bookmark folders for organizing saved tweets, a “reading mode” that declutters long threads, and a (sort of) edit button, good for 30 seconds of revisions after a tweet is sent. It also comes with ad-free access to articles from a number of journalism outfits, like The Washington Post, Rolling Stone, and The Atlantic.Compared to the number of third-party apps that give Twitter more brawn—plug-ins that help you auto-delete your tweets or search within the tweets you’ve liked—Twitter Blue feels a little overwhelming. But considering it’s the company’s first-ever paid product, Twitter has chosen to go narrow, catering to a small group of people by giving them exactly the features they want.Photograph: TwitterTwitter Blue doesn’t get rid of ads in a user’s feed or change much about the tweeting experience itself. But it is part of the company’s plan to diversify its revenue beyond advertising and become more than a place to share thoughts in 280 characters. In January, Twitter acquired the newsletter company Revue and Breaker, an audio…

By: Tech Desk | Pune | November 12, 2021 3:01:31 pm Twitter sets up a cryptocurrency team. (Photo: Twitter) Twitter is assembling a new team to look into development in the decentralised cryptocurrency space led by seasoned Blockchain engineer Tess Rinearson. According to Rinearson, Twitter Crypto—will serve as a “centre of excellence for all things blockchain and Web3” at the social media network. This development has come after the social media giant in September said that it was introducing a new tool that will enable users to send tips to others for their content using Bitcoin. Rinearson on Twitter revealed the social media giant’s crypto plans. She tweeted, “First, they’ll (Twitter) grow decentralized apps (DApps) for creators to manage virtual goods, currencies and ways for their fans to support their community.” Rinearson pointed out that her team will look to crypto tech to augment identity, community, and ownership on Twitter. Further, she notes that her team will collaborate with Blue Sky, Twitter’s decentralized social networking project to “help shape the future of decentralized social media.” Twitter is also experimenting with ways to verify NFT used as profile pictures. Meanwhile, Twitter isn’t the only social media giant looking to explore Blockchain-based…

Tesla works on software ... SpaceX gets hit with another delay… Elon Musk will pay taxes. It’s the free edition of Musk Reads #272 — subscribe now to receive two more emails later this week.Last week, Musk Reads+ members heard from David Anderman, former SpaceX general counsel, about plans for a Mars constitution. This week, members will hear from Anderman about how it's about to get a whole lot easier to go to space.A version of this article appeared in the “Musk Reads” newsletter. Sign up for free here.Musk quote of the week — “Why does ur pp look like u just came?” — Elon Musk sadly tweeted in response to Senator Ron Wyden on November 7. Wyden shared his reaction to Musk’s Twitter poll, which requested that his Twitter followers decide whether he should sell 10 percent of his Tesla stock and pay taxes (57.9 percent of respondents clicked “yes”), saying that “Whether or not the world’s wealthiest man pays any taxes at all shouldn’t depend on the results of a Twitter poll.” That’s a fair assessment, but Musk had to hit him with the “pp came,” asking why the Senator’s profile photo seems to be taken right after…

Credit: Nikolas Kokovlis/NurPhoto via Getty In August 2021, a journalist in Finland criticized the value of certain research projects on Twitter. Others joined in, with a more hostile tone. Sami Syrjämäki, head of publications for the Federation of Finnish Learned Societies in Helsinki, which includes 282 societies and 4 academies of the arts and sciences, describes what happened next.What was the background to the campaign?A journalist at one of Finland’s big media publishers tweeted critical comments about some research projects, saying, ‘This is not science, it’s ridiculous that these kinds of project are being financed by public money.’A number of academics responded, hoping that others would read their replies and maybe learn more about research. But then, more journalists joined in on Twitter and on blogs, and their tone was not so nice. I was involved in these Twitter exchanges. We tried to explain how these projects are being evaluated. The discussion continued for a couple of weeks.What happened next?On 5 September, Tapio Määttä, academic rector at the University of Eastern Finland, tweeted that it might be a good idea for individual researchers to write a very simple tweet explaining what they are researching, in just 140 characters. Some of…

Elon Musk has sold shares in his company worth $5bn (£3.73bn) after promising to abide by a Twitter poll.The Tesla chief executive had asked his followers whether he should sell 10% of his holdings and 57.9% of the voters supported the sale. Musk said: "I was prepared to accept either outcome."The money generated from the sales - disclosed in two regulatory filings late on Wednesday - will cover tax obligations for stock options granted to Musk in September. I will abide by the results of this poll, whichever way it goes— Elon Musk (@elonmusk) November 6, 2021 He exercised options to buy just over 2.1 million shares for $6.24 (£4.66). On Wednesday, the company's stock closed at $1,067.95 dollars (£796.72) per share. In his first sale since 2016, he sold 3.6 million Tesla shares, worth around $4bn (£2.98bn), and a further 934,000 shares worth $1.1bn (£820m). It equates to around 3% of his total holdings in the electric vehicle manufacturer.The sale follows a proposal by Democrat US senators to tax billionaires' stocks and other tradeable assets and end a loophole that has allowed them to defer capital gains taxes.After the transactions, Musk - the world's richest billionaire - still owns…