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Twitter Inc. has expanded its paid-subscription service known as Twitter Blue to the U.S., allowing subscribers to undo tweets and more for $3 a month. That is all very nice and will appeal to the site’s power users (think politicians, influencers and journalists), but the new features are pretty trivial. Twitter will still show inane personal updates and spam with the odd gem scattered here and there, leaving you feeling like you’ve inhaled a fast-food meal’s worth of empty calories after 30 minutes of scrolling. I’d happily pay Twitter if it would do one thing: hire more people to weed out the spammy content and harassment, and surface more useful tweets about topics I’m interested in. In other words, become more like a publisher than a tech company.It would, admittedly, be a radical pivot. The magic of social media has always been the never-ending well of free, user-generated content. In 2020 Twitter, Meta Platform Inc.’s Facebook and Alphabet’s YouTube together racked up $108 billion in revenue, a number that keeps on growing because we keep returning to their sites, thumbing our newsfeeds for more dopamine hits.  Story continues below advertisementBut even this astonishingly successful business model faces speedbumps. Regulation is coming from at least half a dozen different countries, including…

Publish date:Nov 17, 2021 So long Staples Center, hello.... Crypto.com Arena? The home of the Los Angeles Lakers, Clippers, Kings and WNBA's Sparks is reportedly getting a new name this Christmas, according to The Athletic's Shams Charania. The Athletic contributor Alicia Jessop was the first to report the name change. The Lakers host the Nets on Christmas Day, marking it the first game under the reported new naming rights deal. The final professional basketball game to be in the iconic Staples Center will be Spurs-Lakers on Dec. 23.According to The Los Angeles Times, it will be a 20-year deal between Crypto.com and AEG, the owner and operator of the arena, and the cryptocurrency exchange reportedly paid more than $700 million for the naming rights. It's potentially the biggest naming deal in sports history, but that does not mean that fans are happy about this year's Christmas present. Some may even be searching for a receipt at the bottom of this package. More NBA Coverage:'I Hope People Keep Doubting Us': The Warriors Are Relishing the SkepticismGiannis Hints at Future Milwaukee Exit: 'Next Challenge Might Not Be Here'Cavaliers Rookie Evan Mobley Out 2-4 Weeks With Elbow SprainNBA Power Rankings: Warriors, Nets Battle for No. 1 SpotAll Lakers: DeMar DeRozan Thought…

BANGALORE, India — Earlier this year, Twitter and the Indian government were locked in a bitter showdown.The government, incensed by Twitter’s refusal to take down posts by farmers agitating against agricultural reforms, accused the company of supporting violent protesters — and threatened to jail Twitter employees. The company’s executives hit back, arguing they were defending the right to free speech, a stance they have largely adhered to for a decade.The winner of the dispute? A little-known Indian social media app called Koo.In the months since Twitter’s feud with the government, a parade of Indian cabinet ministers, government agencies and right-wing celebrities have opened accounts on Koo to support a homegrown competitor, bringing millions of Indian followers with them. The sudden spike in visibility has brought Koo a $30 million investment round from Tiger Global and Accel, two U.S. venture capital funds that once bet on another young social media start-up: Facebook. Koo grew from 40 employees at the beginning of the year to more than 200; its app has been downloaded 9 million times, mostly in India but increasingly in Nigeria too.Story continues below advertisementWith its bird logo and scrolling feeds of 400-character posts, called “Koos,” the social network takes…

Investor Michael Burry, made famous in the 2015 movie "The Big Short," took to Twitter Sunday to theorize why Tesla’s Elon Musk decided to sell so many Tesla shares, and then deleted his Twitter account a short time later.  "He doesn’t need cash. He just wants to sell $TSLA," Burry tweeted, suggesting that Musk doesn't see much upside for the stock.The specific reasoning behind Burry's move to delete his account wasn't entirely clear. Tesla and Burry’s Scion Asset Management did not immediately respond to after-hour emails from Fox Business. Burry has held short positions against Telsa in the past. Business Insider pointed out that he said in an interview in June that he was no longer shorting Tesla. Elon Musk, Tesla CEO, stands at a press event on the grounds of the Tesla Gigafactory. Photo: Patrick Pleul/dpa-Zentralbild/ZB (Photo by Patrick Pleul/picture alliance via Getty Images) ELON MUSK ANNOUNCES TESLA IS MOVING ITS HEADQUARTERS TO AUSTINMusk has been criticized by some as being cavalier as of late when it comes to his stake in the company. He recently took an online poll asking followers if he should sell 10% of his stock in the company, and then trolled Sen. Bernie Sanders,…

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…