Latest Twitter Inc News
Musk says Twitter to change logo to "X" from the bird. Changes could come as early as Monday.
NEW YORK (AP) — Elon Musk said Sunday that he plans to change the logo of Twitter to an “X” from the famous blue bird, marking what would be the latest big change since he bought the social media platform for $44 billion last year. In a series of posts on his Twitter account...
Biden's White House is taking on corporate mergers, landlord junk fees and food prices
WASHINGTON (AP) — The Biden administration on Wednesday proposed new guidelines for corporate mergers, took steps to disclose the junk fees charged by landlords and launched a crackdown on price-gouging in the food industry. The announcements were discussed as part of President Joe...
TikTok needs to do more to comply with Europe's new digital rules, official says
LONDON (AP) — TikTok needs to do more to get ready for new European Union digital rules designed to keep users safe online, a top official said Tuesday. The results of a “stress test” that the popular video-sharing platform carried out at its Dublin office showed that “more...
Musk says Twitter is losing cash because advertising is down and the company is carrying heavy debt
Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re still negative cash flow, due to (about a) 50% drop in advertising revenue plus heavy debt load.” ...
House Republicans interrogate FTC's Khan over regulation of Big Tech
WASHINGTON (AP) — The chair of the Federal Trade Commission defended her aggressive legal strategy toward the country's biggest technology companies Thursday as House Republicans charged that the agency has become overzealous and politicized under President Joe Biden. Republicans...
Twitter seeks end to US oversight of data use as FTC's Lina Kahn goes before House committee
Twitter wants a federal court to end an order imposed by the Federal Trade Commission that limits its data security practices. The FTC has been watching the company for years since Twitter agreed to a 2011 consent order alleging serious data security lapses. But the agency’s...
Elon Musk unveils his new AI startup with a team of top researchers but a vague mission
Elon Musk is finally starting to talk about the artificial intelligence company he founded to compete with ChatGPT-maker OpenAI. The startup, xAI, formally launched on Wednesday and its goal “is to understand the true nature of the universe.” It hasn't said much more than that. ...
Ticketmaster halts Taylor Swift ticket sales in France in another headache for fans
NEW YORK (AP) — The trouble between Ticketmaster and Taylor Swift's“Eras” tour isn't over — with the latest snafu affecting fans hoping to score tickets in France. On Tuesday, after some fans reported issues with accessing Ticketmaster's site, sales for six of Swift's...
'Clone' or competitor? Users and lawyers compare Twitter and Threads
Just how similar is Instagram's chatty new app, Threads, to Twitter? In a cease-and-desist letter earlier this week, Twitter threatened legal action against Instagram parent company Meta over the new text-based app Threads, which it called a “copycat.” Threads has...
Twitter threatens legal action against Meta over its new rival app Threads
NEW YORK (AP) — Twitter has threatened legal action against Meta over its new text-based app called Threads, which has drawn tens of millions of users since launching this week as a rival to Elon Musk’s social media platform. In a letter Wednesday to Meta CEO Mark Zuckerberg,...
