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Snapchat, Facebook And TikTok Are Being Sued: Here's Why It's Different This Time
Saturday, August 20, 2022 - 1:40pm | 671Three popular social media networks are being sued over claims of creating mental health problems. Here are the key details. What Happened: Lawsuits have been filed by the Social Media Victims Law Center against Snap Inc (NYSE: SNAP) owned Snapchat, Meta Platforms Inc (NASDAQ: META) owned Facebook...
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Why Trump-Linked SPAC DWAC Just Spiked After Hours
Friday, July 8, 2022 - 6:19pm | 548A SPAC taking Donald Trump’s media company public spiked after hours Friday. Here’s why. What Happened: Shares of Digital World Acquisition Corp (NASDAQ: DWAC) were trading higher Friday after market close. The move comes after it was reported that Tesla Inc (NASDAQ: TSLA) CEO Elon Musk...
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Elon Musk Addresses Whether Twitter Deal Would Get Tesla In Trouble In China
Tuesday, June 21, 2022 - 2:43pm | 226Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Tuesday he believes there will not be any issues related to running his electric vehicle business in China in case the $44 billion Twitter Inc (NYSE: TWTR) take-private deal is finalized in the near future. A self-proclaimed free speech advocate, the...
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Elon Musk Meets With Twitter Employees: Layoffs, Limits On Remote Work, Free Speech And User Growth Revealed
Thursday, June 16, 2022 - 2:09pm | 814Ahead of a planned buyout of social media platform Twitter Inc (NYSE: TWTR), Tesla Inc (NASDAQ: TSLA) CEO Elon Musk answered questions from Twitter employees about what the acquisition means and where Twitter is headed. What Happened: Twitter employees were able to submit questions ahead of a...
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Trump SPAC Deal Finally Files A Proxy: 10 Key Details We Now Know
Monday, May 16, 2022 - 12:05pm | 1175Seven months after announcing a SPAC merger, a social media company owned by former President Donald Trump has filed its proxy. Here are the key details from the more than 250 pages contained in the proxy filing. 1. New Name: If the merger between Trump Media & Technology Group and Digital...
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Elon Musk Talked Twitter Job Cuts, Monetizing Posts With Bankers To Boost Profits: Report
Friday, April 29, 2022 - 1:17am | 495Tesla Inc (NASDAQ: TSLA) CEO Elon Musk told bankers he plans to cut jobs and costs at Twitter Inc (NYSE: TWTR) to boost its bottom line, as he plans to take the microblogging site private for $44 billion, Bloomberg News reported on Thursday, citing people familiar with the matter. What...
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Twitter Founding Team Member: Elon Musk's Free Speech Approach 'Very Naïve And Unserious'
Thursday, April 28, 2022 - 7:48am | 436Elon Musk's proposed Twitter, Inc. (NYSE: TWTR) takeover has polarized stakeholders and outsiders in equal measure. Even as the Tesla, Inc. (NASDAQ: TSLA) CEO's frenzied fan followers are expounding the virtues of a Musk-led Twitter, others have expressed skepticism regarding the...
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Why Elon Musk Thinks Twitter Has To Upset The Far Right And Left Equally
Wednesday, April 27, 2022 - 8:51pm | 499Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Wednesday that Twitter Inc (NYSE: TWR) must be “politically neutral” to deserve “public trust,” just days after a $44 billion takeover to take the social media company private. What...
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Elon Musk Can't Badmouth Twitter Or Its Representatives, Takeover Deal's Terms Dictate
Wednesday, April 27, 2022 - 3:39am | 424Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk is prohibited from casting aspersions on Twitter Inc. (NYSE: TWTR), a definitive proxy statement filed by the social media firm on Tuesday showed. What Happened: Under the "public announcements" section,...
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Facebook Says It Acted Against QAnon, Antifa, And Others That 'Celebrated Violent Acts'
Thursday, August 20, 2020 - 12:48am | 419Facebook Inc (NASDAQ: FB) said Wednesday it acted against groups such as QAnon and antifa, movements that it said “celebrated” violent acts. What Happened The social media behemoth said it removed 790 QAnon-related groups, 100 pages, and 1,500 ads on the Facebook platform,...