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The billionaire has shared videos of the Argentine president attacking “social justice” with his 182 million followers. One doctored image, which implied that watching a speech by Mr. Milei was better than having sex, is among Mr. Musk’s most viewed posts ever. Mr. Musk has helped turn the pugnacious libertarian into one of the new faces of the modern right. But offline, he has used the relationship to press for benefits to his other businesses, the electric carmaker Tesla and the rocket company SpaceX. “Elon Musk called me,” Mr. Milei said in a television interview weeks after taking office.

Persons: Javier Milei, Elon Musk, Musk, Milei, Musk’s, Tesla, “ Elon Musk, ” Mr Organizations: South, ”, Argentine, SpaceX Locations: Argentina

☆ Buy this work collaboration software maker with more than 30% upside, Barclays says
▼ + stars: | 2024-04-11 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Analyst Ryan MacWilliams upgraded the Australian-American software company, which develops and maintains software and provisions software hosting services, to overweight from equal weight. He raised his price target by $40 to $275, which implies 34.3% upside from Wednesday's close. In early February, the company beat second-quarter earnings and revenue estimates and gave positive fiscal 2024 guidance concerning its cloud and data center revenue growth. He indicated expectations for roughly 80% to 90% of the company's data center customers to migrate to cloud within the next three years. The analyst's upside case assumes roughly 28% revenue growth in 2024, which he thinks could happen if Atlassian continues to invest in its in-house revenue generators or pursues external portfolio additions.

Persons: Ryan MacWilliams, MacWilliams, Atlassian Organizations: Barclays, TEAM Locations: Atlassian, American, 2H24

☆ Elon Musk Has a Giant Charity. Its Money Stays Close to Home.
▼ + stars: | 2024-03-10 | by ( David A. Fahrenthold | Ryan Mac | ) www.nytimes.com time to read: 1 min

Before March 2021, Elon Musk’s charitable foundation had never announced any donations to Cameron County, an impoverished region at the southern tip of Texas that is home to his SpaceX launch site and local officials who help regulate it. Then, at 8:05 one morning that month, a SpaceX rocket blew up, showering the area with a rain of twisted metal. The Musk Foundation began giving at 9:27 a.m. local time.

Persons: Elon Organizations: SpaceX, Musk Foundation Locations: Cameron County, Texas

Donald Trump, who is urgently seeking a cash infusion to aid his presidential campaign, met on Sunday in Palm Beach, Fla., with Elon Musk, one of the world’s richest men, and a few wealthy Republican donors, according to three people briefed on the meeting who spoke on the condition of anonymity to describe a private discussion. Mr. Trump and his team are working to find additional major donors to shore up his finances as he heads into an expected general election against President Biden. Mr. Trump has praised Mr. Musk to allies and hopes to have a one-on-one meeting with the billionaire soon, according to a person who has discussed the matter with Mr. Trump. It’s not yet clear whether Mr. Musk plans to spend any of his fortune on Mr. Trump’s behalf. But his recent social media posts suggest he thinks it’s essential that Mr. Biden be defeated in November — and people who have spoken to Mr. Musk privately confirmed that is indeed his view.

Persons: Donald Trump, Elon Musk, Trump, Biden, Musk, It’s, Trump’s, Forbes Locations: Palm Beach, Fla, —

☆ Neuralink Implanted a Device in a Patient’s Brain, Elon Musk Says
▼ + stars: | 2024-01-29 | by ( Ryan Mac | More About Ryan Mac | ) www.nytimes.com time to read: 1 min

Neuralink, a company working to develop computer interfaces that can be implanted in human brains, placed its first device in a patient on Sunday, said its founder, Elon Musk. Mr. Musk, the billionaire chief executive of Tesla and SpaceX, said on Monday that the company’s first product was called Telepathy and would allow a human to control a phone or computer “just by thinking.”“Initial users will be those who have lost the use of their limbs,” Mr. Musk wrote in a series of posts on X, his social media platform. “Imagine if Stephen Hawking could communicate faster than a speed typist or auctioneer.”

Persons: Elon Musk, Musk, Tesla, ”, Mr, Stephen Hawking Organizations: SpaceX

When Dr. Patrick Soon-Shiong, the billionaire owner of The Los Angeles Times, hired Kevin Merida to be the newspaper’s top editor nearly three years ago, he hailed the journalist as someone who would maintain the publication’s high standards and journalistic integrity. Their relationship was strained in part by an incident in December when Dr. Soon-Shiong tried to dissuade Mr. Merida from pursuing a story about a wealthy California doctor and his dog, three people with knowledge of the interactions said. The previously unreported incident occurred as The Los Angeles Times, the largest news organization on the West Coast, struggled to reverse years of losses amid a difficult market for newspapers. Mr. Merida resigned this month. It is not unheard-of for the owner of a publication to be consulted on sensitive reporting, particularly if it could jeopardize the newspaper legally or financially.

Persons: Patrick Soon, Kevin Merida, Shiong, Mr, Dr, Merida Organizations: Los Angeles Times Locations: Merida, California, West Coast

View of the Cobre Panama mine, of Canadian First Quantum Minerals, in Donoso, Panama, December 6, 2022. The comments are the first by the company on the future of the Cobre Panama mine's ownership since Tuesday's court ruling. Panama has seen unprecedented public protests after the government signed a new contract with First Quantum for its Cobre Panama mine. MacWilliam told the conference that given the events in Panama, it remains unclear when Cobre Panama will be able to resume operations. The mine closure also has consequences for the Central American nation, as Cobre Panama contributes about 5% to Panama's economy.

Persons: Laurentino Cortizo, Ryan MacWilliam, MacWilliam, Divya Rajagopal, Elida Moreno, Denny Thomas, Chizu Nomiyama, Nick Zieminski Organizations: Minerals, REUTERS, Aris, Rights TORONTO, Quantum, Scotiabank, Reuters, Jiangxi Copper Co, Central, Thomson Locations: Panama, Donoso, Canadian, Jiangxi, Central American, Lincoln

X, the social media company formerly known as Twitter, could lose as much as $75 million in advertising revenue by the end of the year as dozens of major brands pause their marketing campaigns after its owner, Elon Musk, endorsed an antisemitic conspiracy theory this month. They list how much ad revenue X employees fear the company could lose through the end of the year if advertisers do not return. On Friday, X said in a statement that $11 million in revenue was at risk and that the exact figure fluctuated as some advertisers returned to the platform and others increased spending. The company said the numbers viewed by The Times were either outdated or represented an internal exercise to evaluate total risk. X is also running ad campaigns during the holiday period to try to make up for revenue shortfalls.

Persons: Elon Musk, Musk, X, Musk’s, Linda Yaccarino, ” Leesha Anderson, ”, Uber, Jack, Netflix’s, Chris Christie, it’s Elon Musk, Yaccarino, ” X, “, ’, Ms, “ Lean, Tiffany Hsu Organizations: The New York Times, IBM, Apple, Disney, X, Microsoft, The Times, Twitter, Netflix, Google, NBC Universal, NBC, Press, Republican, Media, National Football League, New York Times, Athletic Locations: ”, Gaza, Israel

X, the social media service formerly known as Twitter, sued Media Matters in federal court on Monday after the advocacy organization published research showing that ads on X appeared next to antisemitic content. A post last week from Elon Musk that endorsed an antisemitic conspiracy theory, which he wrote a day before the Media Matters research was published, kicked off an advertiser exodus, with major brands like IBM, Apple, Warner Bros. X has rejected Media Matters’ findings, saying they were not representative of a regular user’s experience on the platform. On Friday, Mr. Musk promised a “thermonuclear lawsuit” against Media Matters and its backers. The lawsuit, filed in U.S. District Court for the Northern District of Texas, claims that Media Matters tried to damage X’s relationships with advertisers.

Persons: Elon Musk, Musk, ’, X Organizations: Twitter, Media, Elon, IBM, Apple, Warner Bros . Discovery, Sony, Media Matters, Northern, Northern District of, “ Locations: U.S, Northern District, Northern District of Texas

More major advertisers have paused their spending on X, the social media service formerly known as Twitter, as the backlash continued over Elon Musk’s endorsement of an antisemitic conspiracy theory on X. The spending freeze comes as X has fought to win back advertisers who were wary of spending on the platform after Mr. Musk took it over a year ago and said he would loosen content moderation rules. The organization followed accounts that posted the content, then refreshed the X timeline until ads appeared, X said in a blog post. Only one of the nine posts highlighted by Media Matters violated its content moderation rules, X added. “Musk admitted the ads at issue ran alongside the pro-Nazi content we identified.

Persons: X, Musk, ” Mr, Robert Bowers, Andrew Bates, Hitler, ” X, Joe Benarroch, ”, Angelo Carusone, “ Musk, ” Ryan Mac Organizations: Elon, Warner Bros, Sony, IBM, Apple, Lionsgate, Paramount Global, CBS, Twitter, White, Media Matters, Nazi Party, X Corp, Media, “, ” Media Locations: Israel, Pittsburgh

☆ White House Condemns Elon Musk for Spreading ‘Antisemitic and Racist Hate’
▼ + stars: | 2023-11-17 | by ( Lisa Friedman | Ryan Mac | ) www.nytimes.com time to read: +1 min

The White House on Friday denounced Elon Musk for boosting an anti-Jewish conspiracy theory on his social media platform X, calling the actions of Mr. Musk, the world’s richest person, an “abhorrent promotion of antisemitic and racist hate.”Mr. Musk endorsed a post on X, formerly Twitter, accusing Jewish people who are facing antisemitism amid the Israel-Hamas war of pushing the “exact kind of dialectical hatred against whites that they claim to want people to stop using against them” and supporting the immigration of “hordes of minorities.”“You have said the actual truth,” Mr. Musk replied to the post. Jewish groups have compared the statement in the original post to a belief known as replacement theory, an antisemitic conspiracy theory that nonwhite immigrants, organized by Jews, intend to replace the white race. That idea fueled Robert Bowers, who raged against Jewish people online before killing 11 worshipers at the Tree of Life synagogue in Pittsburgh in 2018. “It is unacceptable to repeat the hideous lie behind the most fatal act of antisemitism in American history at any time, let alone one month after the deadliest day for the Jewish people since the Holocaust,” Andrew Bates, a White House spokesman, said in a statement.

Persons: Elon Musk, Musk, Mr, ” Mr, Robert Bowers, ” Andrew Bates Locations: Israel, Pittsburgh

The blowback over Elon Musk’s endorsement of an antisemitic conspiracy theory on X gathered steam on Friday, as several major advertisers on his social media platform cut off their spending after his comments. Disney said it was pausing spending on X, as did Lionsgate, the entertainment and film distribution company. They followed IBM, which cut its spending with X on Thursday. Mr. Musk, who bought Twitter last year and renamed it X, has been under scrutiny for months for allowing and even stoking antisemitic abuse on the site. Jewish groups have compared the statement in the original post to a belief known as replacement theory, a conspiracy theory that posits that nonwhite immigrants, organized by Jews, intend to replace the white race.

Persons: Disney, Musk, ” Mr, Robert Bowers Organizations: Elon, Lionsgate, Apple, IBM, Twitter Locations: Israel, Pittsburgh

☆ X Races to Contain Damage After Elon Musk Endorses Antisemitic Post
▼ + stars: | 2023-11-16 | by ( Ryan Mac | ) www.nytimes.com time to read: +1 min

Less than 24 hours after Elon Musk endorsed an antisemitic post on X as “the actual truth” of what Jewish people were doing, IBM paused its advertising on the social media platform as X’s chief executive, Linda Yaccarino, and others at the company scrambled on Thursday to contain the fallout. X employees said on Thursday that they had gotten calls from advertisers wondering why Mr. Musk was making comments seen as antisemitic and why their ads were showing up next to white nationalist and Nazi content, according to internal messages that were viewed by The New York Times. IBM cut off about $1 million in advertising spending that it had committed to the platform for the last three months of the year, the messages said. In a note to employees on Thursday morning, Ms. Yaccarino said that “X is a platform for everyone” and added that “discrimination by everyone should STOP across the board.” She said the company had been clear about its work to fight antisemitism and discrimination, and later shared a similar message on X. In a statement, IBM said it “has zero tolerance for hate speech and discrimination and we have immediately suspended all advertising on X while we investigate this entirely unacceptable situation.”

Persons: Elon Musk, Linda Yaccarino, Musk, Yaccarino, ”, “ Organizations: Elon, IBM, The New York Times Locations: Nazi

☆ X Says It Is Worth $19 Billion, Down From $44 Billion Last Year
▼ + stars: | 2023-10-30 | by ( Ryan Mac | More About Ryan Mac | ) www.nytimes.com time to read: +1 min

X, the company formerly known as Twitter, handed out stock grants to employees on Monday that showed it was worth about $19 billion, down about 55 percent from the $44 billion that Elon Musk paid to buy the firm a year ago, according to internal documents seen by The New York Times. Mr. Musk paid $54.20 a share to buy Twitter just over a year ago. The tech billionaire has since said he overpaid for the social network. Employees will still be paid in cash in the amount of $54.20 for any outstanding shares that were granted to them under previous management, the company said. It’s unclear why the share price has not dropped by the same percentage as the company’s valuation, though X could have altered the amount of shares outstanding.

Persons: Elon Musk, Musk, overpaid, X Organizations: Twitter, Elon, The New York Times, ”, Employees

☆ LinkedIn issues warning to a site shaming pro-Palestinian sentiment.
▼ + stars: | 2023-10-22 | by ( Ryan Mac | More About Ryan Mac | ) www.nytimes.com time to read: +4 min

Online posts asking to “#PrayForPalestine.” Entreaties for peace. The site asked users to submit posts that they believed should be exposed, and included a numeric “hate score” for companies. Some people who were highlighted on the site have already deleted their LinkedIn posts or their LinkedIn profiles. Mr. Liptz, who said he did not expect the site to become as popular as it did after spreading via WhatsApp groups, called the far-ranging capture of all pro-Palestinian sentiment a mistake. Mr. Liptz denied that his site extracted the LinkedIn information through scraping, while Mr. Ophir said he believed that LinkedIn was trying to infringe on his right to free speech.

Persons: employees.com, Ernst & Young, Itai, ” “, ”, Liptz, “, Guy Ophir, Ophir, ’ Organizations: LinkedIn, Amazon, Mastercard, Ernst, The New York Times, Meta, Facebook, The Times Locations: Gaza, israel, Israel, Palestine

☆ Elon Musk emailed everyone at X 'please fix this' after his border livestream froze, NYT reporter says
▼ + stars: | 2023-09-29 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Elon Musk visited the US-Mexico border on Thursday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementElon Musk's US-Mexico border visit on Thursday was struck by technical difficulties as the X owner livestreamed on his platform. According to NYT reporter Ryan Mac, Musk then sent an abrupt email to everyone at X: "Please fix this." Later on, Musk restarted the livestream for another 13 minutes, where it appeared to run a bit more smoothly.

Persons: Elon Musk, —, livestreamed, Eagle, Ryan Mac, Musk, Ron DeSantis Organizations: Service, Reuters, The New York Times, CNN Locations: Mexico, Musk's, Texas, Eagle

Elon Musk has over the last year threatened legal action against tech competitors, employees and people who use Twitter, which he owns. Now he is also taking aim at an organization that studies hate speech and misinformation on social media. The letter cited research published by the Center for Countering Digital Hate in June examining hate speech on Twitter, which Mr. Musk has renamed X.com. The research consisted of eight papers, including one that found that Twitter had taken no action against 99 percent of the 100 Twitter Blue accounts the center reported for “tweeting hate.” The letter called the research “false, misleading or both” and said the organization had used improper methodology. The letter added that the center was funded by Twitter’s competitors or foreign governments “in support of an ulterior agenda.”

Persons: Elon Musk, Musk, “ Organizations: X Corp, Center, Twitter

☆ Elon Musk’s Quixotic Quest to Turn X Into an ‘Everything App’
▼ + stars: | 2023-07-27 | by ( Ryan Mac | More About Ryan Mac | ) www.nytimes.com time to read: +1 min

Four years ago, a billionaire tech executive leading one of the world’s pre-eminent social platforms laid out a vision to transform it into an app that could do it all. The idea was akin to that of an “everything app” espoused recently by Elon Musk, the owner of Twitter. But the dream belonged to Mark Zuckerberg, the founder and chief executive of Meta, which owns Facebook, Instagram and WhatsApp. Mr. Zuckerberg tried it. So did Dara Khosrowshahi, the chief executive of Uber.

Persons: Elon Musk, Mark Zuckerberg, Zuckerberg, Dara Khosrowshahi, Uber, Evan Spiegel Organizations: Twitter, Meta, “ Locations: Silicon Valley, Asia, Japan’s, KakaoTalk .

☆ Twitter staff are helping to remove bird logos at its HQ for the X rebrand, but one reportedly broke apart and is still there
▼ + stars: | 2023-07-25 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Elon Musk has started having Twitter's iconic blue bird logo removed at the headquarters. One sign couldn't be taken down as it broke apart, leaving remnants still attached, per an NYT reporter. As Twitter rebrands to X, staff are taking down the iconic blue bird logos at its San Francisco headquarters. The Times earlier reported that work had started on detaching a ten-foot-tall bird icon in the office's cafeteria. "This is an extremely risky move because with X, Musk is essentially starting over while its competition is afoot," he added.

Persons: Elon Musk, Ryan Mac, Yu Liu, Mike Proulx, Forrester, Proulx, Mark Zuckerberg's Organizations: Twitter, San, New York Times, Times Locations: San Francisco

☆ Elon Musk cambia el logotipo de Twitter a una X
▼ + stars: | 2023-07-24 | by ( Noam Scheiber | Ryan Mac | ) www.nytimes.com time to read: +2 min

Ahora enfrenta a un competidor bien financiado en Threads, el servicio similar a Twitter recientemente presentado por Meta, la compañía que es dueña de Facebook. Musk ha tenido una larga afinidad por la letra X. Es el autor de The Escape Artists. Más sobre Noam ScheiberRyan Mac es un reportero de tecnología enfocado en la responsabilidad corporativa en la industria tecnológica mundial. Ganó un premio George Polk en 2020 por su cobertura sobre Facebook y vive en Los Ángeles.

For more than 10 years, Twitter has been recognizable for its blue and white bird logo, which became a symbol of the social network’s unique culture and lexicon. “Tweeps” became the moniker for Twitter employees. Late on Sunday, Elon Musk began getting rid of it all. The tech billionaire, who bought Twitter last year, renamed the social platform X.com on its website and started replacing the bird logo with a stylized version of the 24th letter of the Latin alphabet. Inside Twitter’s headquarters in San Francisco, X logos were projected in the cafeteria, while conference rooms were renamed to words with X in them, including “eXposure,” “eXult” and “s3Xy,” according to photos seen by The New York Times.

Persons: Tweeps ”, Elon Musk, “, Musk, adieu Organizations: Twitter, The New York Times Locations: San Francisco

☆ Twitter's new X.com domain is redirecting some users, including cofounder Jack Dorsey, to a GoDaddy ad
▼ + stars: | 2023-07-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Elon Musk said Sunday that X.com had started redirecting users to Twitter. The website was previously used for PayPal before Musk bought back the domain in 2017. Elon Musk's rebranding of Twitter to X has already suffered its first glitch, as users report the x.com website doesn't work properly. The world's richest person announced Sunday that the domain, which Musk previously used for PayPal, had started redirecting users to Twitter. Some Twitter users said they encountered other glitches with the new domain, like the server IP being unsecure or not located, and even a file being downloaded.

Persons: Elon Musk, X.com, Musk, Elon, Brian Merchant, Ryan Mac, Jack Dorsey, Christopher Stanley, Dorsey, Dorsey doesn't, x.com didn't, Peter Thiel's Confinity Organizations: Twitter, PayPal, Morning, Elon Musk's, Los Angeles Times, New York Times, eBay, eBay Inc

Elon Musk said he was about to make one of the most visible changes to Twitter since he took control of the social media company last fall: replacing its widely recognized bird logo. In a tweet early Sunday morning Eastern time, Mr. Musk said that “soon we shall bid adieu to the twitter brand and, gradually, all the birds.”He added shortly after, “If a good enough X logo is posted tonight,” it would “go live worldwide tomorrow.”“X” is a term for what Mr. Musk has described as an “everything app” that could combine social media, instant messaging and payment services, akin to the popular Chinese app WeChat.

Persons: Elon Musk, Musk, “, adieu Organizations: Twitter

Twitter’s parent company sued a leading corporate law firm on Friday for what it said were unjust payments related to Elon Musk’s $44 billion acquisition of the social media company last year. A $90 million payment that Twitter made to Wachtell, Lipton, Rosen & Katz, a top mergers and acquisitions firm, amounted to “unjust enrichment” and should be paid back, according to the lawsuit, which the parent company, X Corp., filed in San Francisco Superior Court. The lawsuit said Wachtell Lipton took “funds from the company cash register while the keys were being handed over” to Mr. Musk, who owns X Corp.Twitter’s previous management hired Wachtell Lipton after Mr. Musk tried to terminate his agreement to acquire the company last year. He was unsuccessful, and the purchase closed in October.

Persons: Elon, Wachtell, Lipton, Katz, Wachtell Lipton, Musk Organizations: Elon Musk’s, Rosen, X Corp, San, San Francisco Superior Court Locations: San Francisco, ”

The investigation focused on an allegation by the nonprofit that Mr. Powell, who also founded the cryptocurrency exchange Kraken, had interfered with its computer accounts, blocking access to emails and other messages, the people said. and the U.S. attorney’s office for the Northern District of California have been looking into Mr. Powell since at least last fall, three people with knowledge of the case said. Agents searched Mr. Powell’s home in the Brentwood neighborhood of Los Angeles and seized electronic devices, according to a person familiar with the search and documents reviewed by The New York Times. Prosecutors have not accused Mr. Powell of any crimes. Brandon Fox, a lawyer for Mr. Powell, confirmed that he was under investigation by federal prosecutors in Northern California.

Persons: Jesse Powell, Powell, Powell’s, Brandon Fox, Fox, Powell “, ” Organizations: U.S, Northern, Northern District of, The New York Times, Prosecutors, Verge, Arts Locations: Northern District, Northern District of California, Brentwood, Los Angeles, Northern California

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