Elon Musk says he will reinstate Twitter account of former President Donald Trump after online poll

New Twitter owner and CEO Elon Musk announced that he will reinstate the Twitter account of former President Donald Trump on Saturday. Musk ran a straw poll on the social media platform starting late Friday asking his followers to vote on whether to reinstate former U.S. President Donald Trump’s account on the platform. The poll … Read more

Crypto firm Multicoin says contagion fallout from FTX will continue

FTX logo displayed on a phone screen and representation of Bitcoin cryptocurrency are seen in this illustration photo taken in Krakow, Poland on November 14, 2022. Jakub Porzycki | Nurphoto | Getty Images Crypto venture firm Multicoin Capital told investors in a letter on Thursday that FTX’s collapse and the price declines across the industry … Read more

Tech leaders reckon with higher interest rates, down rounds and layoffs

Guillaume Pousaz, CEO and founder of payment platform Checkout.com, speaking onstage at the 2022 Web Summit tech conference. Horacio Villalobos | Getty Images LISBON, Portugal — Once high-flying tech unicorns are now having their wings clipped as the era of easy money comes to an end. That was the message from the Web Summit tech … Read more

SpaceX just bought a big ad campaign on Twitter for Starlink

SpaceX founder Elon Musk during a T-Mobile and SpaceX joint event on August 25, 2022 in Boca Chica Beach, Texas. Michael Gonzalez | Getty Images Elon Musk’s aerospace business SpaceX has ordered one of the larger advertising packages available from Twitter, the social media business he just acquired in a $44 billion deal and where … Read more

Elon Musk’s latest email to Twitter employees addresses working late

Elon Musk’s photo is seen through a Twitter logo in this illustration taken October 28, 2022. Dado Ruvic | Reuters On Friday, Twitter‘s new owner Elon Musk sent a companywide email to employees of the social media giant thanking them for working long hours since he took over on Oct. 28. Musk said he had … Read more

SoftBank returns to quarterly profit but unveils more Vision Fund pain

SoftBank’s Vision Fund, the brainchild of the company’s founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics. Kentaro Takahash | Bloomberg | Getty Images Japan’s SoftBank Group Corp reported its first quarterly profit in three quarters, … Read more

Elon Musk international relationships worth looking into

Joe Biden, left, and Elon Musk Evelyn Hockstein | Reuters; Andrew Harrer | Bloomberg | Getty Images Asked on Wednesday whether Tesla, SpaceX and Twitter CEO Elon Musk posed a threat to national security, President Joe Biden said that the centi-billionaire’s “relationships with other countries is worthy of being looked at.” At a White House … Read more

Twitter cut more than 950 California employees after Elon Musk took over, WARN notice shows

The Twitter profile page belonging to Elon Musk is seen on an Apple iPhone mobile phone. Nurphoto | Nurphoto | Getty Images After Tesla and SpaceX CEO Elon Musk took ownership of Twitter last week, the social networking giant embarked on a steep reduction in its workforce. The cuts affected a total of 983 employees … Read more

Tesla stock had its worst week since Mar. 2020 amid wild week for Musk

Michael Gonzalez | Getty Images News | Getty Images Tesla shares dropped nearly 16% during what CEO Elon Musk called a “very intense 7 days indeed” to one of his 108 million followers on Twitter. Tesla shares closed at $265.25 on Friday, Sept. 30. At market’s close one week later, Tesla shares were trading at … Read more

Why I Invested: Mack Maine on investing in emoji and NFT startup Yat

Nearly everyone loves emojis for expressing themselves via text and instant messaging apps. And more recently, some techies are looking to monetize them. Yat, cofounded by entrepreneur Naveen Jain, is the company behind a new type of online identity called “yats,” a unique combination of emojis that act as a custom emoji identity, domain, username, … Read more