DIRS.INFO The most relevant business & tech news

New York CNN —Walmart confirmed on Friday that it is not advertising on X, the social media platform owned by Elon Musk and formerly known as Twitter. “We aren’t advertising on X as we’ve found other platforms to better reach our customers,” a Walmart spokesperson said in a statement to CNN. A number of prominent brands paused their advertising on X, last month following Musk’s public embrace of an antisemitic conspiracy theory favored by White supremacists. “I don’t want them to advertise,” Musk said at the New York Times DealBook Summit in New York. “If anyone is killing X, it’s Elon Musk – not advertisers,” she said.

Persons: Elon Musk, White supremacists, Joe Benarroch, Musk, dumbest, ” Musk, ”, didn’t, Craig Atkinson, CNN it’s, Big, they’re, Jasmine Enberg, it’s Elon Musk, “, Personally, ” Enberg, Benjamin Netanyahu, Isaac Herzog, Israel “ wasn’t, he’s, – CNN’s Jennifer Korn Organizations: New, New York CNN, Walmart, Elon, CNN, Reuters, New York Times DealBook, Disney, Paramount, Comcast, Lionsgate, Warner Bros, Insider Intelligence, Intelligence, Israeli Locations: New York, Israel

☆ Elon Musk is getting his own movie. Here's who could play him.
▼ + stars: | 2023-11-13 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Elon Musk – the world's richest person – is getting his very own biopic. Movie buffs are already speculating about who could play the controversial billionaire. AdvertisementAdvertisementElon Musk, the world's richest person, is finally getting his own movie. The film will apparently be based on Walter Isaacson's biography of Musk published earlier this year. AdvertisementAdvertisementPeople are already speculating about who could play the controversial billionaire, with Reddit threads and social media buzzing with suggestions.

Persons: Elon, Walter Isaacson's, Darren Aronofsky, —, Elon Musk, Aronofsky, Oscar, Musk, Isaacson Organizations: Service, Variety, SpaceX, Twitter

☆ Elon Musk reportedly helped Larry Ellison reset his Twitter password after the billionaire said he'd invest $1 billion in the company, despite not tweeting in 10 years
▼ + stars: | 2023-09-01 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk reportedly helped Larry Ellison reset his Twitter password, per an excerpt of Musk's upcoming biography. Oracle cofounder Ellison is an investor in X and a longtime friend of Musk's. AdvertisementAdvertisementElon Musk reportedly helped longtime friend and Oracle cofounder Larry Ellison reset his Twitter password after the billionaire forgot it. Ellison has been a vocal supporter of Musk over the years and has previously sat on the board of Tesla. Ellison reportedly supported Musk through various stages of his chaotic Twitter takeover.

Persons: Elon Musk, Larry Ellison, Walter Isaacson, Ellison, Musk's, Walter Isaacson –, Musk –, Ellison hasn't, Musk, Isaacson, Oracle, Insider's Kali Hays Organizations: Oracle, Morning, Wall, Twitter, Tesla

☆ Musk's 4-second surprise appearance at a video game tournament was met with boos and the crowd chanting 'bring back Twitter'
▼ + stars: | 2023-08-28 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

A clip showing the crowd chanting "Bring back Twitter," has gone viral on X. That can't be from in here, surely," one of the commentators said, trying to bring the audience's focus back onto the game. AdvertisementAdvertisementElon Musk, the owner of X, formerly known as Twitter, made a surprise appearance on Saturday at the world championship final of esport Valorant and was immediately met with a chorus of boos and the crowd chanting, "Bring back Twitter." A clip of his appearance, shared on Saturday by X user Jake Lucky, has since racked up over 7 million views on the platform. That can't be from in here, surely," one of the commentators said, trying to bring the audience's focus back onto the game.

Persons: Elon Musk, esport Valorant, Jake Lucky, Musk –, Musk Organizations: Morning, Twitter Locations: Los Angeles, Indonesia

☆ Here’s what Donald Trump’s return to X could mean for the platform’s business
▼ + stars: | 2023-08-25 | by ( Clare Duffy | ) edition.cnn.com time to read: +6 min

Trump’s return appeared to be welcomed by X owner Musk, who has been encouraging politicians and public figures to post on the site in a bid to improve user numbers. If Trump decides to return to regularly posting on X, it could be a major boon to the platform’s effort to attract an audience as it faces increased competition. Trump’s return “should have a positive impact on [X’s] engagement at a time when it needs it,” D.A. What’s more, after making his return to X, Trump appeared to try to clarify where his loyalty lies. !” Trump posted on the X competitor platform.

Persons: Elon Musk, Donald Trump’s, Trump, Trump’s, Musk, ” D.A, Davidson, Tom Forte, Linda Yaccarino, –, ” Forte, ”, ” Trump Organizations: New, New York CNN, Twitter, Republican, CNN, Nazi, Trump, Facebook Locations: New York, Georgia, Washington

☆ Tesla's board of directors will return $735 million on claims they were overpaid
▼ + stars: | 2023-07-18 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Tesla directors are returning $735 million to the company to settle a suit that claims they were overpaid. That includes $458.6 million in company shares and $276.6 million in cash, per court filings. That totals to around $735 million, consisting of $458.6 million in company shares and $276.6 million in cash. The $735 million settlement stems from a 2020 lawsuit, wherein Detroit's Police and Fire Retirement System accused Tesla's board members of overpaying themselves in the form of stock options from 2017 to 2020. Tesla directors denied those claims, arguing that the company saw rapid growth sent the stock soaring.

Persons: Elon Musk, Larry Ellison, Rupert Murdoch's, James Murdoch, Elon Musk's, Kimbal Musk –, Tesla's, Tesla Organizations: Elon, Service, Oracle, Delaware Chancery, Reuters, Detroit's Police Locations: Wall, Silicon, Delaware

☆ China is telling anyone who'll listen it's open for business again – but its economy has a Xi Jinping problem
▼ + stars: | 2023-07-18 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

China is signaling to the rest of the world that it's open for business again. Both Elon Musk and Janet Yellen have made trips to Beijing recently. But less money is flowing into the country – with foreign investors likely alienated by Xi Jinping's authoritarianism. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Spooked investors responded by dumping Chinese stocks in a $6 trillion blowout, while the onshore Chinese yuan dropped against the US dollar.

Persons: Elon Musk, Janet Yellen, Xi, Li Qiang, John Kerry, Mark Mobius, he'd Organizations: Service, Privacy, China, Tesla, Communist Party, Bain, Co, Big Tech Locations: China, Beijing, Wall, Silicon, Tianjin, Shanghai, West

☆ Elon Musk says Twitter's ad revenue drops 50% and cash flow is negative
▼ + stars: | 2023-07-15 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow. Ad revenue has been a contentious issue and an uphill battle for the site, after hordes of advertisers fled after Musk took over. The New York Times reported that Twitter’s US advertising revenue from the five weeks from April 1 to the first week of May was down 59% year-over-year, citing an internal presentation. “It’s definitely been extremely difficult,” Musk said in Twitter Spaces livestream event Musk hosted with Robert F. Kennedy, Jr last month. On Thursday, Twitter announced content creators would be able to get a slice of the site’s ad revenue, seemingly to encourage more creators to join the site.

Persons: New York CNN — Elon Musk, Musk, Linda Yaccarino, “ It’s, ” Musk, Robert F, Kennedy, Jr, it’s, Andrew Tate, “ Organizations: New, New York CNN, Twitter, BBC, The New York Times, CNN Locations: New York, Romania

☆ Some customers are complaining that a $3,000 temperature-controlled mattress that's praised by Elon Musk and Mark Zuckerberg is prone to leaks
▼ + stars: | 2023-07-13 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

A high-tech mattress by Eight Sleep, apparently beloved by the tech elite, reportedly leaks. One customer tweeted a photo of an Eight Sleep mattress with a large leak, Bloomberg reported. The company told Insider it "worked tirelessly" to address an issue affecting "a small fraction" of users. A high-tech mattress company whose mattresses retail for about $3,000 – and have the stamp of approval from tech's elite like Elon Musk – is reportedly prone to leaks. One customer shared a photo on Twitter over the weekend that showed a large wet patch on his Eight Sleep mattress, which is temperature-controlled using water.

Persons: Mark Zuckerberg, Andrew Ross Sorkin, we've Organizations: Bloomberg, Elon, New York Times

☆ This millionaire is selling his private jet -- out of concern for the environment
▼ + stars: | 2023-07-11 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

Amid these concerns, one private jet owner has decided to scale back. In line with Prince’s thoughts, the Institute for Policy Studies report advocates for higher taxes on both private jet sales and fuel. They also call for the federal jet fuel tax to be doubled from $0.219 per gallon to $0.438 per gallon for the most frequent private jet users. We should have very high taxes, [usage] taxes and fuel taxes that discourage private jet owners.”Collins adds that the construction of private aviation infrastructure should stop altogether, as this form of transportation should be phased out. In April, Schiphol airport in Amsterdam announced it is considering banning private jets from its grounds altogether.

Persons: What’s, Stephen Prince, “ I’ve, It’s, I’m, ”, Joan Valls, Shutterstock There’s, he’s, who’s, “, it’s, ” Prince, we’re, George Rose, Elon, ” Chuck Collins, ” Collins, That’s, Collins Organizations: CNN, US Institute for Policy Studies, Federal Aviation Administration, Patriotic, Cessna, Prince, TSA, Institute for Policy Studies, “ Locations: Nebraska, Boston, Europe, France, Ireland, Schiphol, Amsterdam

☆ Musk and Zuck promised us a cage fight, but what we've got are 2 reply guys trading petty jabs
▼ + stars: | 2023-07-07 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Elon Musk and Mark Zuckerberg remain at each others' throats following the launch of Threads. The squabble has ramped up a notch after Twitter threatened to take Meta to court over Threads. It's getting a bit pitiful for Elon Musk and Mark Zuckerberg as their feud continues to escalate, following the launch of Threads. In Musk's case, Twitter CEO Linda Yaccarino should bring a level-headedness that her colleague is clearly lacking. These include hashtags, a "following" feed, and a messaging function, which means Threads is still a skeletal project.

Persons: Elon Musk, Mark Zuckerberg, haven't, Musk, Alex Spiro, Zuckerberg –, Meta, Andy Stone, Sheel Mohnot, Zuckerberg, Zuck, who's, He's, Alex Heath, Linda Yaccarino, Adam Mosseri, Mosseri Organizations: Meta, Twitter, UFC Locations: San Francisco

☆ Elon Musk has displaced Bernard Arnault as the world's richest person, as Tesla stock surges and LVMH slumps
▼ + stars: | 2023-06-01 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Elon Musk has reclaimed the title of world's richest person, per the Bloomberg Billionaires Index. The electric-vehicle pioneer's wealth rose in May thanks to Tesla's stock price surging. Musk surpassed Bernard Arnault on Wednesday after Paris-listed LVMH shares fell nearly 3%. Musk's wealth passed Arnault's on Wednesday after LVMH slipped nearly 3% in Paris trading, according to the Bloomberg Billionaires Index. He's still comfortably the world's second-richest person, ahead of Bezos, who's worth $144 billion.

Persons: Elon, Bernard Arnault, —, Elon Musk, LVMH, Tesla, –, Jeff Bezos –, he's, Linda Yaccarino, Arnault's LVMH, He's, Bill Gates, Larry Ellison, Steve Ballmer, Warren Buffett, Larry Page, Sergey Brin, Mark Zuckerberg, Read, Hermes Organizations: Bloomberg, Service, Privacy, Amazon, Google Locations: Paris, Bezos

☆ Opinion: What happened to Elon Musk?
▼ + stars: | 2023-05-18 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +8 min

Appalled, Enes Kanter Freedom, the Turkish-born former NBA player, a fierce critic of Erdogan, told CNN, “I don’t want to hear about Elon Musk talking about free speech ever again. It turns out Musk’s free speech absolutism is less than absolute. Absurdly, he now says, “By ‘free speech,’ I simply mean that which matches the law.” So, if a tyrant makes a law banning criticism, will Musk believe that muzzling its critics conforms with free speech? Beyond his free speech hypocrisy, there’s the vanishing aura of Musk as the thoughtful futurist concerned about humanity’s fate. Soros, Musk wrote – to almost 140 million Twitter followers – “wants to erode the very fabric of civilization.

☆ AI experts disown Musk-backed campaign citing their research
▼ + stars: | 2023-03-31 | by ( Martin Coulter | ) www.reuters.com time to read: +4 min

Civil society groups in the U.S. and EU have since pressed lawmakers to rein in OpenAI's research. Among the research cited was "On the Dangers of Stochastic Parrots", a well-known paper co-authored by Margaret Mitchell, who previously oversaw ethical AI research at Google. Her research argued the present-day use of AI systems could influence decision-making in relation to climate change, nuclear war, and other existential threats. Asked to comment on the criticism, FLI's Tegmark said both short-term and long-term risks of AI should be taken seriously. Twitter will soon launch a new fee structure for access to its research data, potentially hindering research on the subject.

☆ Elon Musk is working at Tesla for free after receiving his final stock options last month
▼ + stars: | 2023-02-22 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Elon Musk doesn't draw a cash salary from Tesla because he's paid in stock options. He received the final block of options from his 2018 pay package last month, meaning he's now technically working for free. So without a cash salary or stock options, Musk isn't being paid to be Tesla's CEO right now – but don't feel too sorry for him. "The Plan designed and approved by the Board was not a typical pay package intended to compensate the ordinary executive for overseeing the day-to-day operations of a mature company." Read more: Elon Musk's lawyers are making closing arguments in a trial over his $56 billion pay package that could be decided as soon as today

☆ Fact Check-Bill Gates turned off replies on his Twitter page in July 2020
▼ + stars: | 2023-01-18 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

One Twitter user said: “Elon Musk EXPOSED Bill Gates in the latest twitter files so hard that he has now turned off comments on his Twitter” (here). However, Reuters Fact Check found that Gates disabled tweet replies in July 2020. The last apparent tweet by Gates allowing replies from other Twitter users appears to be on July 2, 2020 (here). A spokesperson for the Bill & Melinda Gates Foundation said allegations that he disabled Twitter replies in response to Musk’s actions are false. Bill Gates’ Twitter account has disabled tweet replies since July 2020, years before the “Twitter Files” were released.

☆ Elon Musk has hired two of his cousins to work at Twitter
▼ + stars: | 2022-12-07 | by ( Sam Tabahriti | Kali Hays | ) www.businessinsider.com time to read: +2 min

Elon Musk hired two cousins to work at Twitter, two people familiar with the matter told Insider. Elon Musk took over Twitter in late October and has since laid off thousands of staff. His cousins James Musk and Andrew Musk – sons of the billionaire's uncle on his father's side – now appear to be full-time Twitter employees. Andrew Musk works on software-engineering projects, while James Musk is more of as "a fixer type," helping Elon Musk on various tasks, one insider said. Since Elon Musk took over Twitter in late October, about 70% of the 7,500-strong workforce staff have been laid off, fired or resigned.

☆ Elon Musk speaks out on 'Twitter Files' release about platform inner workings
▼ + stars: | 2022-12-04 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

During a two-hour long Twitter Spaces session, Musk said a second “Twitter Files” drop will again involve Taibbi, along with journalist Bari Weiss, but did not give an exact date for when that would be released. It showed employees on several Twitter teams debating over whether to restrict the article under the company’s hacked materials policy, weeks before the 2020 election. Musk also said Twitter should program and monetize native long audio and video posting. He is quoted as saying that some of the investment may have been sold before Twitter went private in October, but he wasn’t sure. Musk also said that Twitter will roll out its new account verifications within the next week, which had been halted.

☆ 'Twitter as we know it is dead': Why Elon Musk's plans risk more scams and misinformation
▼ + stars: | 2022-11-06 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

He has announced plans to make verified users pay $8 a month for blue checks. Social media experts warned the plans could risk allowing more scams and misinformation on Twitter. But his push to improve Twitter's finances has prompted social media experts to warn he risks allowing more scams and disinformation on the platform. There is no other example of a mainstream social media company that's owned and controlled by one person." "Social media is rife with coded language, false accounts set up to spread disinformation, and cunning use of free-speech to misdirect and derail honest debate."

CNN —Tesla CEO Elon Musk has denied a claim that he spoke directly to Russian President Vladimir Putin in recent weeks about the war in Ukraine and a proposed “peace plan” to end the conflict. Speaking to CNN on Tuesday, American political scientist Ian Bremmer, president of political consulting firm Eurasia Group, claimed Musk told him directly about his conversation with Putin last month. “Elon Musk told me he had spoken with Putin and the Kremlin directly about Ukraine. “My recommendation…would be to figure out a special administrative zone for Taiwan that is reasonably palatable, probably won’t make everyone happy,” Musk told the Financial Times in an interview published last week. “Musk also appeared concerned about more direct threats from Putin,” Bremmer wrote.

☆ Marele exod: Utilizatorii din toată lumea descarcă Signal şi Telegram pentru a părăsi WhatsApp; Care e motivul
▼ + stars: | 2021-01-17 | by ( ) www.jurnal.md time to read: +2 min

Prin urmare, Signal a înregistrat de 43 de ori mai multe descărcări faţă de săptămâna anterioară, aceasta fiind cea mai accelerată săptămână din istoria aplicaţiei. În acelaşi timp, aplicaţia Telegram a fost descărcată de 5,6 milioane de ori la nivel global, de miercuri până duminică, potrivit datelor Apptopia. Aplicaţia Signal susţine că vine cu „criptare end-to-end”, ceea ce nu permite ca mesajele să fie citite de altcineva în locul destinatarului, scrie Business Magazin. Cele două aplicaţii au prins avânt după ce WhatsApp a lansat o actualizare a politicii de utilizare în data de 4 ianuarie. Încă din 2016, WhatsApp împarte anumite date cu Facebook, însă utilizatorii aveau opţiunea de a refuza acest lucru până acum.

Organizations: Facebook, Google, Store, Business Locations: Aplicaţia, WhatsApp, Europa

Jeff Bezos – 177 miliarde de dolariFondatorul Amazon.com Inc, Jeff Bezos (57 de ani), ocupă primul loc în Top-ul celor mai bogați oameni din lume, pentru al patrulea an consecutiv. Elon Musk – 151 miliarde de dolariPe locul doi în clasament se situează Elon Musk (49 de ani), fondatorul Tesla și SpaceX. Bill Gates – 124 miliarde de dolariBill Gates (65 de ani), este co-fondator (împreună cu Paul Allen) al Microsoft Corporation. Mark Zuckerberg – 97 miliarde de dolariMark Zuckerberg (36 de ani) este cofondatorul, preşedintele şi CEO-ul Facebook. Lawrence Ellison – 93 miliarde de dolariLawrence Elison este un antreprenor american, cunoscut în special pentru faptul că este fondatorul și conducătorul companiei multinaționale „Oracle Corporation”.

Persons: Jeff, Amazon.com Inc, Elon, Tesla, Bernard Arnault, LVMH, . Bill Gates, Bill Gates, Paul Allen, Mark Zuckerberg, . Warren Buffett, Warren Buffett, . Lawrence Ellison, Lawrence Organizations: Microsoft Corporation, Facebook, Oracle Locations: francez, american, Lawrence Elison

Search resuls for: "Musk –"

22 mentions found