Category: Twitter

Elon Musk Values Twitter at $20 Billion

The billionaire bought the social media company for $44 billion in October and took it private.
Why Do People Care That Sofia Coppola’s Daughter Was Grounded?

The internet can’t get enough of nepo baby content.
Twitter’s Discussions Over Licensing Music Said to Stall Under Elon Musk

Twitter didn’t move forward with the music licensing deals because of costs, people with knowledge of the matter said.
After Bank Debacle, Silicon Valley Reckons With Its Image

Even as start-ups and investors began recovering their money from Silicon Valley Bank, the episode exposed the tech industry’s vulnerabilities.
Investors Fear a Recession Spurred by the Fed’s Inflation Fight

Investors were alarmed at suggestions by Jerome Powell, the Federal Reserve’s chairman, that interest rates could go even higher in a bid to halt inflation.
Elon Musk Says Twitter’s Finances Improving After Big Cuts

Twitter’s owner says the company is recovering after a sharp drop in ad sales. But its revenue is still far short of its level in 2021, before he took over.
Why Regulators Plan to Sue Over JetBlue’s Deal for Spirit

Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns.
‘Media Men’ List Defamation Lawsuit Ends in a Settlement

Stephen Elliott, whose name appeared on a crowdsourced document containing allegations of misconduct against male writers and editors, filed his defamation suit against the list’s creator and its contributors in 2018.
‘Sometimes Things Break’: Twitter Outages Are on the Rise

Elon Musk’s repeated job cuts are stoking new fears that there aren’t enough people to triage Twitter’s problems.
How Biden Is Seeking to Reshape Business via the CHIPS Act

Big strings are attached to funding for chip makers, meant to bolster Democratic priorities including child care for workers and discouragement of stock buybacks.
Elon Musk Accuses Media of Bias for Dropping ‘Dilbert’

The Tesla and Twitter chief called the media racist as newspapers stopped running “Dilbert” after the comic strip’s creator, Scott Adams, described Black people as a “hate group.”
How the Lab Leak Theory Could Strain U.S.-China Relations

The U.S. Energy Department’s report identifying the Wuhan Institute of Virology as the likely source of the coronavirus has already generated pushback in Beijing.