Twitter valuation drops by $29 billion since Musk purchase, Fidelity says
Elon Musk’s personal investment of $25 billion in the social media platform has almost entirely evaporated, according to an analysis by Bloomberg.
Social Media
Articles involving social media businesses and their products, including Meta (Facebook, Instagram), X Corp (Twitter), Mastodon, LinkedIn, Post.News and others.
Twitter faces ban in Europe for flouting regulations
Twitter could be banned from operating in Europe if the company doesn’t comply with law intended to curb disinformation, a French minister warned.
Daily Wire to simulcast premium shows via Twitter streams
Daily Wire executives praised Twitter as “the largest free-speech platform” while accusing other services of trying to silence their hosts’ voices.
Vice Media files for bankruptcy, prepares asset sale
Vice filed for Chapter 11 bankruptcy protection as it prepares to sell off the majority of its assets to a group of its creditors.
Elon Musk says Twitter will have new CEO
Elon Musk has finally found someone “foolish enough” to be the chief executive of his social media company, Twitter.
Elon Musk says Twitter didn’t sign deal with Tucker Carlson
The affirmation came after the former Fox News commentator said he was bringing his commentary show to the social media platform.
NBC Universal to partner with Twitter during 2024 Olympics
NBC Universal announced it was expanding a partnership with Twitter to include special coverage of the upcoming Olympic games.
Techdirt says it will leave Twitter after automated function breaks
Techdirt says it will stop posting updates on its Twitter account after its CMS lost access to a key feature.
Twitter owner Elon Musk threatens to reassign NPR account
The top executive at Twitter has threatened to reassign the main account of NPR if the program distributor doesn’t start posting again.
Vice Media to cut 100 jobs, reorganize business
Vice Media is cutting more than 100 jobs and ending its “Vice News Tonight” news magazine show as part of a broader business reorganization.
