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☆ Jack Dorsey gave $10 million to an anonymous founder with a deep devotion to a fascist 'guru'
▼ + stars: | 2024-06-06 | by ( Katherine Long | ) www.businessinsider.com time to read: +6 min

"It's a truly open protocol. Advertisement"We don't know who the leader is, it's like this anonymous Brazilian," Dorsey said. It's not clear how much of the $10 million Dorsey gave to support the development of Nostr will make its way to Parra. Parra, as Fiatjaf, sits on a committee established by the organization to organize Nostr development efforts, Bitcoin Magazine reported. After an X user suggested to Dorsey that he help fund Nostr, Dorsey replied within 24 hours, "funding deployed to @fiatjaf."

Persons: —, Jack Dorsey, Dorsey, Nostr, Edward Snowden, Giovanni Torres Parra, Olavo de Carvalho, de Carvalho —, Parra, Olavo, Jair Bolsonaro's, Fiatjaf, It's, . Parra, Forbes Organizations: Service, Business, Pepsi, Forbes, Sats Initiative, Bitcoin Magazine, Austrian Locations: Brazilian, Virginia, Brazil, Dorsey

☆ We're on track for a soft economic landing, but it still feels like the economy stinks
▼ + stars: | 2024-06-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at why the US economy is on track (again) for a soft economic landing . The big storyAnother economic turnaroundGetty Images; Chelsea Jia Feng/BIIt took longer than expected, but the US economy is finally on track for a soft landing. After a scary few months of economic data that had investors fearing a recession and stagflation, the tides have turned again. AdvertisementRecent data showing inflation and the labor market cooling have given hope that a soft landing is in the cards — and may even be underway — for the US economy, writes Business Insider's Madison Hoff. AdvertisementThe US economy is about to make a soft landing — a situation in which inflation cools without causing a recession or sudden spike in unemployment.

Persons: —, Chelsea Jia Feng, Insider's Madison Hoff, Arantza Pena Popo, bummed, it's, aren't, Johannes Eisele, Monica Schipper, Nordin Catic, Tyler Le Tim Cook, Cook, Jack Dorsey, Dorsey, Abanti Chowdhury, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, George Glover, Annie Smith Organizations: Service, shoplifters, Business, Fed, Johannes, Getty, OpenAI, Apple, BI, Street Journal, Comcast, New York Stock Exchange Locations: AFP, New York, London

☆ Jack Dorsey Explains Why He Left Bluesky
▼ + stars: | 2024-05-09 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

Twitter cofounder Jack Dorsey helped found Bluesky as a Twitter alternative. But Dorsey says he left Bluesky because it was "literally repeating all the mistakes" Twitter made. AdvertisementWhy did Twitter cofounder Jack Dorsey leave Bluesky, the Twitter alternative he helped create? Because — in Dorsey's telling, at least — Bluesky was "literally repeating all the mistakes [Twitter] made as a company." And later on, when Dorsey got frustrated while running the for-profit version of Twitter, he imagined that Twitter could help start an independent, open-source protocol version of itself — Bluesky.

Persons: Jack Dorsey, Dorsey, —, Bluesky, Mike Solana Organizations: Twitter, Service Locations: Dorsey's

☆ Jack Dorsey took aim at Meta's Threads and accused it of ripping off Twitter: 'We wanted flying cars, instead we got 7 Twitter clones'
▼ + stars: | 2023-07-07 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Jack Dorsey criticized Meta's Threads saying it is a 'Twitter clone' and lacks any originality. The Twitter co-founder claimed that various social media platforms have imitated Twitter. Jack Dorsey has taken another swipe at Meta's hot new app, Threads, bemoaning its lack of originality and calling it one of the many "clones" trying to imitate Twitter. Dorsey, Twitter's co-founder and former CEO, tweeted his complaints about Threads on Thursday saying: "We wanted flying cars, instead we got 7 Twitter clones." The image shows how similar the interface of platforms like Threads, Twitter, Mastodon, Bluesky — a decentralized social network made by Dorsey — and Not Boring are.

Persons: Jack Dorsey, Meta, Dorsey, Twitter's, Andy Allen, Dorsey —, Elon Musk, Mark Zuckerberg Organizations: Twitter, Facebook

☆ Meta takes aim at Twitter with Threads app, millions join
▼ + stars: | 2023-07-06 | by ( Katie Paul | ) www.reuters.com time to read: +5 min

Welcome to Threads," Meta CEO Mark Zuckerberg wrote in his first post on the app, along with a fire emoji. Others saw the launch of Threads as an opportunity to create a less toxic version of Twitter. Much like Twitter, the app features short text posts that users can like, re-post and reply to, although it does not include any direct message capabilities. Instagram users who sign up for Threads automatically have a badge affixed to their Instagram profile, but can opt to hide it. Zuckerberg, responding to a user who predicted Twitter's demise about an hour after the Threads launch, cautioned patience.

Persons: Elon Musk, Kim Kardashian, Jennifer Lopez, Representative Alexandria Ocasio, Mark Zuckerberg, Meta, Danni Hewson, AJ Bell, Cortez, Zuckerberg, Musk, hasn't, Instagram, Ryan Detert, Jack Dorsey, Dorsey, Katie Paul, Sheila Dang, Jamie Freed, Josh Ye, Brenda Goh, Chavi Mehta, Bansari, David Gregorio, Christopher Cushing, Edwina Gibbs Organizations: YORK, Wednesday, Democratic U.S, Representative, Twitter, Spiderman, Meta, TWITTER, Brands, Billboard, HBO, NPR, Netflix, Thomson Locations: Cortez, Las Vegas, Instagram

☆ Zuckerberg-Musk fight's first round: Meta launches 'Twitter Killer' Threads app
▼ + stars: | 2023-07-06 | by ( Katie Paul | ) www.reuters.com time to read: +6 min

[1/2] Meta's Threads app and Twitter logos are seen in this illustration taken July 4, 2023. Welcome to Threads," Zuckerberg wrote in his first post on the app, along with a fire emoji. Instagram users who sign up for Threads automatically have a badge affixed to their Instagram profile, but can opt to hide it. "The reality is that Meta doesn't need to convert Twitter power users into Threads users" to succeed, she said. Zuckerberg, responding to a user who predicted Twitter's demise about an hour after the Threads launch, cautioned patience.

Persons: Dado Ruvic, Mark Zuckerberg, Elon Musk, ramping, Zuckerberg, Meta, Danni Hewson, AJ Bell, Musk, hasn't, Instagram, Shakira, Sheryl Sandberg, Ryan Detert, Jack Dorsey, Dorsey, Jasmine Enberg, Katie Paul, Sheila Dang, Chavi Mehta, Bansari, David Gregorio, Christopher Cushing Organizations: REUTERS, Twitter, Brands, Billboard, HBO, NPR, Netflix, Meta, Insider Intelligence, Thomson Locations: Las Vegas, Instagram

☆ Zuckerberg-Musk fight is on: Meta launches 'Twitter Killer' Threads app
▼ + stars: | 2023-07-06 | by ( Katie Paul | ) www.reuters.com time to read: +5 min

[1/2] Meta's Threads app and Twitter logos are seen in this illustration taken July 4, 2023. Welcome to Threads," Zuckerberg posted on the app, along with a fire emoji. "I find it hard to imagine that the most avid loyal Twitter users who go to Twitter for that type of culture will defect and go immediately to Threads." Still, she said, Meta only needs to convince a quarter of Instagram's users to join Threads in order to rival Twitter's size. "The reality is that Meta doesn't need to convert Twitter power users into Threads users."

Persons: Dado Ruvic, Mark Zuckerberg, Elon Musk, Zuckerberg, Meta, Danni Hewson, AJ Bell, Musk, Matt Navarra, Shakira, Sheryl Sandberg, Ryan Detert, Jack Dorsey, Dorsey, Jasmine Enberg, Katie Paul, Sheila Dang, Chavi Mehta, Bansari, David Gregorio, Christopher Cushing Organizations: REUTERS, Twitter, Meta, Google, Brands, Billboard, HBO, Variety, Insider Intelligence, Thomson Locations: Las Vegas, Instagram

Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. A team behind the decentralized social messaging app Damus, which is backed by Twitter co-founder Jack Dorsey, said on Tuesday that Apple could remove the app from its App Store within 14 days. The move could stall one plan to ease the use of bitcoin and turn it into a more convenient transnational digital currency. In its tweet, Damus said that Apple is worried that zaps could be used by content creators to sell digital content on its platform. They don't sell ads, and don't collect and sell user data, which are the classic ways that social networks make money.

Persons: Jack Dorsey, Damus, Apple, zaps, Dorsey, Tim Cook, Elon Musk, Musk, Ron DeSantis Organizations: Indian Institute of Technology, Twitter, Apple, Lightning, Damus, CNBC, Elon Locations: New Delhi, India

The number of Twitter mobile app downloads actually declined 18% in February to 14.05 million from 17.2 million in January. Meanwhile, Twitter had 14.9 million app downloads in April, which is a 2% increase from the 14.6 million downloads it accumulated in March. Musk's Twitter makeover has sparked new interest in decentralized social networks. Elon Musk's Twitter is facing new competition from a rival called Bluesky, a so-called decentralized communications app that is backed by Twitter co-founder and twice-former CEO, Jack Dorsey. The front-end apps built atop these decentralized platforms are often clunky, not professional-looking or easy to use.

☆ Jack Dorsey encouraged the student who tracks Elon Musk's jet to keep posting on Bluesky after his Twitter ban
▼ + stars: | 2023-05-07 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +4 min

Jack Dorsey encouraged the college student who tracks Elon Musk's private jet to keep on posting. Twitter cofounder Jack Dorsey has doubled down on his explicit and implicit criticism of Elon Musk, encouraging the college student who tracks Elon Musk's private jet to keep posting on rival apps Bluesky and Nostr. Dorsey, who has given money to both platforms and sits on Bluesky's board, got into a brief exchange on Bluesky with college student Jack Sweeney Saturday about the jet-tracking account. the college student asked Dorsey. Sweeney created the original @ElonJet account in 2020, using public flight data to monitor the whereabouts the of billionaire's private jet.

☆ Jack Dorsey Has a Lot to Say, Including About Elon Musk and Twitter
▼ + stars: | 2023-05-03 | by ( Kate Conger | ) www.nytimes.com time to read: 1 min

Jack Dorsey has barely posted on Twitter, the social media platform he helped create, since January. “and Google Play Store.”Since then, Mr. Dorsey has posted on Nostr an average of 59 times a day — including messages that take aim at Twitter and its new owner, Elon Musk. “This is weak,” Mr. Dorsey wrote on Nostr last month of Mr. Musk’s move to prevent Twitter’s users from linking to Substack, a newsletter platform that started a Twitter competitor. Mr. Dorsey has also started using another new social network, Bluesky. On Saturday, in response to a Bluesky user’s question about whether Mr. Musk was the best steward for Twitter, Mr. Dorsey replied bluntly, “No.”

☆ San Francisco's DA called out Elon Musk for his 'reckless and irresponsible' tweet about Bob Lee's death
▼ + stars: | 2023-04-13 | by ( Sarah Jackson | Grace Kay | ) www.businessinsider.com time to read: +3 min

San Francisco's DA is calling out Elon Musk for a tweet he made about Bob Lee's death. San Francisco's district attorney says Elon Musk made a "reckless and irresponsible" statement over the recent death of tech executive Bob Lee. She also addressed a tweet from Elon Musk over Lee's death. Many people I know have been severely assaulted," Musk had tweeted about Lee's death last week. Jack Dorsey, who cofounded Twitter, said Lee's death was "heartbreaking."

☆ Bob Lee, Cash app founder, dead after apparent stabbing attack in San Francisco
▼ + stars: | 2023-04-05 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +3 min

New York CNN —Bob Lee, the former chief technology officer of Square who helped launch Cash App, has died after an apparent stabbing attack in San Francisco. We love you.”Tech entrepreneur CashApp founder Bob Lee. San Francisco has been grappling with an apparent uptick in crime as it still attempts to bounce back from the pandemic. In total, there were 56 homicides in San Francisco in 2022, which is the exact same number of homicides the city saw in 2021. Prior to joining Square, Lee was at Google, where he helped lead the team that launched Android.

☆ Elon Musk, Jack Dorsey, and other tech execs respond to the fatal stabbing of Cash App creator Bob Lee: 'Violent crime in SF is horrific'
▼ + stars: | 2023-04-05 | by ( Grace Kay | Sindhu Sundar | ) www.businessinsider.com time to read: +5 min

Bob Lee's peers and industry leaders wrote social media posts mourning the Cash App creator. At the company, the executive created Cash App, a mobile payment platform. YCombinator CEO Garry Tan called Lee's death a "huge loss for the tech community and for San Francisco." "We do not tolerate these horrific acts of violence in San Francisco," she tweeted. —Brooke Jenkins 謝安宜 (@BrookeJenkinsSF) April 5, 2023The San Francisco police department must conclude its investigation before the DA's office can step in, Randy Quezada, communications director at the San Francisco District Attorney's office, told Insider.

☆ Twitter founder Jack Dorsey mocked new owner Elon Musk's company over a major outage, saying it used to be where people talked 'when anything went down'
▼ + stars: | 2023-02-10 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Jack Dorsey, the Twitter cofounder, criticized Elon Musk's Twitter management on Wednesday. A "massive" outage left users unable to tweet because data was mistakenly deleted, per Platformer. "When anything went down, people went to Twitter to talk about it. "Used to be when anything went down, people went to Twitter to talk about it. Platformer reported that the fiasco occurred because an employee had accidentally deleted data for the service which sets rate limits, and the team responsible for that had left Twitter in November.

☆ Elon Musk’s Twitter Tenure Draws Criticism From Jack Dorsey
▼ + stars: | 2023-02-09 | by ( Alexa Corse | ) www.wsj.com time to read: 1 min

Jack Dorsey in recent weeks has been posting frequently on Nostr. Twitter Inc. co-founder Jack Dorsey has joined a new social network, and he is using it to take aim at Twitter’s new owner, Elon Musk. Mr. Dorsey in recent weeks has been posting frequently on Nostr, a decentralized network that some have proposed as an alternative to Twitter. When Twitter suffered hourslong technical glitches Wednesday, Mr. Dorsey voiced frustrations on Nostr.

He lost a Twitter poll asking whether he should remain as CEO. Musk reinstated a handful of banned journalists Saturday after he conducted a Twitter poll asking users whether he should uphold the ban. Following backlash, Twitter also quickly rolled back its decision to ban users’ promotion of links to Facebook, Instagram, Mastodon, Truth Social, Tribel, Nostr and Post accounts. Won’t happen again.”But after all that, some users are skeptical that Twitter is a platform they want to remain on. “Should I run Twitter ?” Snoop Dogg wrote in a Twitter poll Sunday.

☆ Musk launches poll on whether he should quit as Twitter CEO
▼ + stars: | 2022-12-19 | by ( ) www.reuters.com time to read: +3 min

Replying to a user on Twitter later, Musk said "There is no successor" in reference to a possible change in CEO. Minutes before the poll, Musk apologized and tweeted "Going forward, there will be a vote for major policy changes." loadingFormer Twitter CEO Jack Dorsey, who recently invested in social media platform Nostr, replied to the Twitter support post with one word: "Why?". Last week, Twitter disbanded its Trust and Safety Council, a volunteer group formed in 2016 to advise the social media platform on site decisions. The policy change follows other chaotic actions at Twitter since Elon Musk, who is also the CEO of Tesla (TSLA.O), bought the social network.

☆ Twitter Plans to Remove Tweets Promoting Rival Social Media Platforms
▼ + stars: | 2022-12-19 | by ( Alexa Corse | ) www.wsj.com time to read: 1 min

Twitter said it could temporarily lock or permanently suspend accounts that violate the new policy. Twitter Inc. said it would no longer allow “free promotion of certain social media platforms” on its sites, the latest change to its content-moderation rules under billionaire owner Elon Musk. “Specifically, we will remove accounts created solely for the purpose of promoting other social platforms and content that contains links or usernames for the following platforms: Facebook , Instagram, Mastodon, Truth Social, Tribel, Nostr and Post,” Twitter said Sunday, in a series of tweets from company account @TwitterSupport.

☆ Elon had to choose between Twitter and Tesla. He's choosing Tesla.
▼ + stars: | 2022-12-19 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

Elon Musk has been forced to make a tough choice: Tesla or Twitter. He's picking Tesla, which represents nearly half his $156 billion in estimated wealth, and the Twitter poll gave him a handy escape pod. That red ink wasn't as much of a problem when interest rates were low, and Tesla's shares were soaring. But as the Federal Reserve has aggressively hiked interest rates to curb inflation, using Tesla stock to pay off the debt on the Twitter buyout is a problem for Tesla. "Tesla is so much an Elon stock, it stands or falls because of him," Beauchamp said.

☆ Twitter prohibits users from promoting accounts on Facebook, Mastodon
▼ + stars: | 2022-12-18 | by ( ) www.reuters.com time to read: +2 min

[1/3] The Twitter logo is seen outside the offices in New York City, U.S., November 9, 2022. REUTERS/Brendan McDermidDec 18 (Reuters) - Twitter on Sunday said that it will remove accounts created solely for the purpose of promoting other social platforms and content that contains links or usernames. The move would impact content from social media platforms like Meta Platforms' (META.O) Facebook and Instagram, along with Mastodon, Truth Social, Tribel, Nostr and Post while allowing cross-content posting, Twitter support said in a tweet. loadingFormer Twitter CEO Jack Dorsey, who recently invested in social media platform Nostr, replied to the Twitter support post with one word: "Why?". Last week, Twitter disbanded its Trust and Safety Council, a volunteer group formed in 2016 to advise the social media platform on site decisions.

Twitter will no longer allow users to promote their accounts on at least seven other major social media sites, including Facebook, Instagram and Truth Social, the platform announced Sunday. "We recognize that many of our users are active on other social media platforms. However, we will no longer allow free promotion of certain social media platforms on Twitter," Twitter Support tweeted Sunday. Twitter’s rule change left out some major social media platforms, most notably TikTok. Other social media companies have few, if any, rules about users’ posting links to their accounts on other platforms.

☆ Twitter says it's putting an end to 'free promotion' of Facebook, Instagram, and more
▼ + stars: | 2022-12-18 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Twitter announced the end of 'free promotion' for certain social media platforms on Sunday. The company said it would be putting an end to "free promotion of certain social media platforms on Twitter" in a series of tweets on Sunday and specifically named Instagram, Mastodon, Truth Social, Tribel, Nostr and Post as part of the prohibition. According to one of the tweets from Twitter Support, accounts created only to promote those social platforms would be removed from Twitter. "We know that many of our users may be active on other social media platforms; however, going forward, Twitter will no longer allow free promotion of specific social media platforms on Twitter," the site read. The social media platform has undergone many changes since Musk's $44 billion takeover in late October.

☆ Elon Musk’s Twitter bans links to other social media sites, including Facebook and emerging rivals
▼ + stars: | 2022-12-18 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

Under the new policy, links to content on Facebook and Instagram are prohibited, as well as links to content on emerging Twitter alternatives, including Mastodon and Post. Despite the bans, Twitter says it will still “allow paid advertisement/promotion for any of the prohibited social media platforms.”Notably absent from the list is TikTok, one of the internet’s fastest-growing social media platforms whose links to China have sparked national security concerns among US policymakers. Now, that practice has been formalized into official Twitter policy, a move that could further raise eyebrows among Twitter’s regulators. As part of Twitter’s new policy, users may not “link out” to social media platforms subject to the restrictions. Users may continue to use third-party software to simultaneously publish their social media content to multiple sites, including Twitter, the company said.

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