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Trump, who had over 88 million followers when Twitter banned him, posted a photo on Thursday of the mug shot with the words: "ELECTION INTERFERENCE! On Thursday evening, Trump broke from a vow that he would stick exclusively with his new platform Truth Social, the app developed by his Trump Media & Technology Group (TMTG) startup. Trump had 6.4 million followers on Truth Social as of Thursday. Truth Social has been Trump’s main source of direct communication with his followers since he began posting on the app regularly in May. The former president has used Truth Social to promote his allies, criticize his opponents and defend his reputation amid legal scrutiny from state, congressional and federal investigators.

Persons: Donald Trump, Trump, Elon Musk, ”, Georgia's, Tucker Carlson, TMTG, DWAC, Eric Beech, Costas Pitas, Mike Scarcella, Howard Goller, Stephen Coates Organizations: Twitter, U.S . Capitol, House, U.S, REUTERS Acquire, Fox News, Trump Media & Technology, Trump, Department of Justice, SEC, DWAC, TMTG, U.S . Constitution, Thomson Locations: Fulton County Jail, Georgia, Francisco, U.S ., U.S, California, Pasadena , California

☆ Trump returns to Twitter, now X, to post his mugshot
▼ + stars: | 2023-08-25 | by ( Lauren Feiner | ) www.cnbc.com time to read: +2 min

The post Thursday raises the question of whether X will become an important channel for Trump's election efforts moving forward. Former President Donald Trump posted to X , formerly Twitter, for the first time since his suspension from the platform, returning to share his mugshot in the Georgia election interference case . He moved to his own social media platform, Truth Social, created by the Trump Media & Technology Group. When billionaire Elon Musk took over Twitter, and eventually reversed the permanent ban on Trump, the former president didn't even return to the service, sticking with Truth. Still, Trump posted on Truth after sharing the mugshot on X, "I LOVE TRUTH SOCIAL.

Persons: Donald Trump, Joe Biden, Trump, Elon Musk, didn't, Jan Organizations: U.S, Atlanta Hartsfield, Jackson International, U.S . Capitol, Trump Media & Technology Group, Twitter, Trump, CNBC, YouTube Locations: Fulton County, Atlanta , Georgia, Georgia

☆ Fact Check-No evidence Elon Musk is behind ‘WattSaver’ device
▼ + stars: | 2023-08-16 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

There is no evidence that billionaire Elon Musk or his electric vehicle company Tesla is selling an energy-saving device called “WattSaver” that saves 90% of appliances’ electricity use, contrary to a Facebook post associating him and the company with the product. The posts include a link to an article (archive.li/HQ972) that says that an electricity-saving product is called “WattSaver,” created by Musk following the death of a 64-year-old Tesla employee. The article links to a website for a product called “WattSaver” (archive.li/MI89m), (here), which does not mention Musk. There are no credible reports that Tesla or Musk created the “WattSaver” product visible in the article shared on social media (www.tesla.com/elon-musk), (here), (here), (here). VERDICTThere is no evidence Elon Musk created an energy-saving device called Wattsaver that claims to save 90% electricity.

Persons: Elon Musk, “, EIon, Sean Hannity, Hannity, “ ELON, ”, WattSaver, Tesla, Read Organizations: Fox, “ ELON MUSK’S, Reuters, Fox News, Tesla, House Locations: Germany, Wisconsin, elon

☆ Job listings that don't require applicants to have a college degree are surging, with recruiters prioritizing skills over formal education, LinkedIn survey finds
▼ + stars: | 2023-08-16 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Job adverts that don't list a degree requirement have increased by 90% in the UK, LinkedIn says. Major firms including IBM, Google, and Tesla are hiring more based on skills over qualifications. Companies including IBM, Accenture, Dell, Bank of America, Google, and Tesla are among those that are increasingly hiring based on skills. The fastest-growing in-demand skills in job listings since November 2022 include communications, flexibility, professional ethics, social perceptiveness, and self-management, per LinkedIn. Billionaire Elon Musk, who head five companies including Tesla, is among the most prominent business people to be skeptical of the usefulness of college degrees.

Persons: Tesla, Josh Graff, Billionaire Elon Musk, Musk, Bill Gates, Larry Ellison, They've Organizations: LinkedIn, IBM, Google, Service, Companies, Accenture, Dell, Bank of America, LinkedIn's, Kellogg's, Billionaire, KPMG, PWC, Deloitte Locations: Wall, Silicon, LinkedIn's Europe, Middle East, Africa, America

☆ Tesla makes further price cuts in China, reducing models S and X by $7,400 to $8,500
▼ + stars: | 2023-08-16 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Tesla on Wednesday slashed the price of the existing inventory of its Model S and Model X cars in China, as the company looks to boost sales amid rising competition in one of its key markets. The Model S is now offered at 754,900, reduced from 808,900 yuan. The electric car maker, run by billionaire Elon Musk, made another round of price cuts this week for the Model Y and Model 3 in China. In the U.S., Tesla has rolled out cheaper versions of it Model S and Model X vehicles — which are not new issues, but are range limited by software. Shares of Chinese electric vehicle upstarts Xpeng , Nio and Li Auto were all lower in morning trading in the U.S.

Persons: Tesla, Elon Musk, Li Organizations: Tesla, U.S, Li Auto, China Passenger Car Association Locations: Beijing, China, Weibo, U.S

☆ Musk's X delays access to content on Reuters, NY Times, social media rivals
▼ + stars: | 2023-08-16 | by ( Sheila Dang | ) www.reuters.com time to read: +2 min

REUTERS/Carlos Barria/File Photo Acquire Licensing RightsAug 15 (Reuters) - Social media company X, formerly known as Twitter, delayed access to links to content on the Reuters and New York Times websites as well as rivals like Bluesky, Facebook and Instagram, according to a Washington Post report on Tuesday. A user on Hacker News, a tech forum, posted about the delay earlier on Tuesday and wrote that X began delaying links to the New York Times on Aug. 4. A spokesperson for the New York Times said it has not received an explanation from X about the link delay. A Reuters spokesperson said: "We are aware of the report in the Washington Post of a delay in opening links to Reuters stories on X. Bluesky, an X rival that has Twitter co-founder Jack Dorsey on its board, did not reply to a request for comment.

Persons: Carlos Barria, X, Elon Musk, Musk, Jack Dorsey, Sheila Dang, Kenneth Li, Deepa Babington Organizations: REUTERS, Social, Twitter, Reuters, New York Times, Facebook, Washington Post, SpaceX, Hacker, Thomson Locations: San Francisco , California, U.S, South Africa, Washington, Dallas

☆ A theoretical physicist says AI is just a ‘glorified tape recorder’ and people’s fears about it are overblown
▼ + stars: | 2023-08-14 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

A theoretical physicist shut down the fears around AI saying it's just a "glorified tape recorder." Michio Kaku said chatbots like OpenAI's ChatGPT can't even distinguish true from false. An AI godfather also said that fears about AI threatening humanity are "preposterously ridiculous." A theoretical physicist shut down the hype around the dangers of AI saying chatbots like OpenAI's ChatGPT are just "glorified tape recorders." Yann LeCun, dubbed an AI "godfather" and Meta's chief AI scientist, shared similar sentiments with Kaku saying that fears about AI posing a threat to humanity are "preposterously ridiculous."

Persons: it's, Michio Kaku, CNN's Fareed Zakaria, Google Bard, Elon Musk, Yann LeCun, LeCun Organizations: City College of New, CUNY, Center, Google, BBC Locations: City College of New York, Paris

☆ How to watch Virgin Galactic's first space tourist launch 300,000 feet above the ground
▼ + stars: | 2023-08-10 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Virgin Galactic plans to launch its first space tourist flight. Watch it here:Who are Virgin Galactic's first space tourists? These are the first commercial passengers to fly aboard Virgin Galactic's first private commercial spaceflight, due to take off Thursday. "The whole team just swarmed into my house saying 'You're the winner, you're going to space,'" Schahaff told the BBC. This is Virgin Galactic's second commercial flight and the first to carry paying customers.

Persons: Richard Branson's Virgin, Sir Richard, Jon Goodwin, Keisha Schahaff, Virgin Galactic's, Virgin Galactic Goodwin, Goodwin, Schahaff, Anastatia Mayers, Beth Moses, Richard Branson, Elon Musk, OceanGate Organizations: Virgin, Service, VSS Unity, Virgin Galactic, Sky News, BBC, University of Aberdeen, Italian Air Force, National Research Council of Italy, Galactic's, Galactic Locations: Wall, Silicon, Munich, nought, Antigua, London, Caribbean, Scotland, New Mexico

☆ A mother-daughter duo will join an 80-year-old Olympian on Virgin Galactic's first space tourism flight on Thursday. Here's how to watch live.
▼ + stars: | 2023-08-08 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Virgin Galactic plans to launch its first space tourist flight on Thursday. These are the first commercial passengers to fly aboard Virgin Galactic's first private commercial spaceflight, due to take off Thursday. Keisha Schahaff won her tickets through a raffle while on a Virgin flight from Antigua to London in 2021. "The whole team just swarmed into my house saying 'You're the winner, you're going to space,'" Schahaff told the BBC. This is Virgin Galactic's second commercial flight and the first to carry paying customers.

Persons: Richard Branson's Virgin, Sir Richard, Jon Goodwin, Keisha Schahaff, Virgin Galactic's, Virgin Galactic Goodwin, Goodwin, Schahaff, Anastatia Mayers, Beth Moses, Richard Branson, Elon Musk, OceanGate Organizations: Virgin, Service, New Mexico's, Sky News, Virgin Galactic, BBC, University of Aberdeen, Italian Air Force, National Research Council of Italy, VSS Unity, Galactic's, Galactic Locations: Wall, Silicon, New, America, Munich, nought, Antigua, London, Caribbean, Scotland, New Mexico

'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File PhotoNEW DELHI, Aug 2 (Reuters) - Social media platform X has sought to quash an Indian court decision that found it non-compliant with content removal orders, arguing the ruling could embolden the government to block more content. X, formerly known as Twitter, in July 2022 sought to overturn some government orders to remove content from its platform, without specifying which. A court in June 2023 quashed that request and imposed a fine of 5 million rupees ($60,560). ($1 = 82.5625 Indian rupees)Reporting by Aditya Kalra and Arpan Chaturvedi in New Delhi and Munsif Vengattil in Bengaluru; Editing by Jacqueline Wong and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlos Barria, Elon Musk, Aditya Kalra, Arpan Chaturvedi, Jacqueline Wong, Christopher Cushing Organizations: REUTERS, Poovayya, Thomson Locations: San Francisco , California, U.S, New Delhi, Bengaluru

☆ Shredded Zuck is eating 4,000 calories per day, apparently including McDonald's Quarter Pounder, apple pie, and McFlurry
▼ + stars: | 2023-08-01 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +2 min

Mark Zuckerberg says he's eating 4,000 calories per day, 1.6 times more than the recommended intake. Apparently this includes McDonald's staples like the Quarter Pounder, fries, and McFlurry. After McDonald's posted on Threads for followers' favorite orders, Zuckerberg responded: "20 nuggets, a quarter pounder, large fries, Oreo McFlurry, apple pie, and maybe some cheeseburgers for later?" But Zuck said he needed around 4,000 calories a day to maintain his weight during his current training regime. Meta didn't respond to Insider's request for comment to confirm if their fitness-loving boss did go ahead with his McDonald's order.

Persons: Mark Zuckerberg, Mark Zuckerberg's, Meta, Lex Fridman, McDonald's, Zuckerberg, Mike Davis, Davis, Elon Musk, Zuck, Michael Phelps, isn't Phelps Organizations: UFC

The latest rival, Threads, was launched by Facebook-parent Meta and got a stunning start earlier this month. Facebook … when you’re looking for community (or used furniture)With more than 2 billion daily users around the world, it’s tricky to describe the stereotypical Facebook user. Pinterest … when you’re looking for inspirationPinterest lets users easily search for and organize visual-heavy inspiration on a wide range of creative topics. Twitter (aka X) … when you’re looking for what’s going on (for now)For years, Twitter was a central hub for real-time news. Threads … when you’re looking for musings from your favorite influencers, celebs and journalistsThe latest Twitter competitor, Threads, was launched by Facebook and Instagram parent company Meta.

Persons: Elon Musk, Instagram, it’s, Pinterest, “, Snapchat, Charlie, “ David, ”, Nextdoor, Twitch …, Long, Donald Trump, Reddit, Musk, influencers, Jack Dorsey, Alexandria Ocasio Cortez, Chrissy Teigen Organizations: CNN, Facebook, —, YouTube, LinkedIn, Capitol, Trump, Twitter, Meta, Democratic Rep Locations: Italy

July 24 (Reuters) - Billionaire Elon Musk's decision to rebrand Twitter as X could be complicated legally: companies including Meta (META.O) and Microsoft (MSFT.O) already have intellectual property rights to the same letter. X is so widely used and cited in trademarks that it is a candidate for legal challenges - and the company formerly known as Twitter could face its own issues defending its X brand in the future. Microsoft since 2003 has owned an X trademark related to communications about its Xbox video-game system. Meta and Microsoft likely would not sue unless they feel threatened that Twitter's X encroaches on brand equity they built in the letter, Gerben said. Insider reported earlier that Meta had an X trademark, and lawyer Ed Timberlake tweeted that Microsoft had one as well.

Persons: Elon, Josh Gerben, Gerben, Meta, Douglas Masters, Loeb, Ed Timberlake, Blake Brittain, Sheila Dang, Peter Henderson, Sonali Paul Organizations: Twitter, Meta, Microsoft, Facebook, Thomson Locations: Washington

☆ Meta, Microsoft, hundreds more own trademarks to new Twitter name
▼ + stars: | 2023-07-25 | by ( ) edition.cnn.com time to read: +2 min

Reuters —Billionaire Elon Musk’s decision to rebrand Twitter as X could be complicated legally: companies including Meta and Microsoft (already have intellectual property rights to the same letter. X is so widely used and cited in trademarks that it is a candidate for legal challenges - and the company formerly known as Twitter could face its own issues defending its X brand in the future. Microsoft since 2003 has owned an X trademark related to communications about its Xbox video-game system. Meta Platforms - whose Threads platform is a new Twitter rival - owns a federal trademark registered in 2019 covering a blue-and-white letter “X” for fields including software and social media. Meta and Microsoft likely would not sue unless they feel threatened that Twitter’s X encroaches on brand equity they built in the letter, Gerben said.

Persons: Reuters — Billionaire Elon, “, ”, Josh Gerben, Nikolas Kokovlis, Gerben, Meta, Douglas Masters, Loeb, Ed Timberlake Organizations: Reuters — Billionaire, Twitter, Meta, Microsoft, Elon, Getty, Facebook Locations: Athens, Greece

☆ Did Elon Musk buy Twitter? Inside the unexpected acquisition of the social media platform
▼ + stars: | 2023-07-22 | by ( Grace Kay | Kali Hays | ) www.businessinsider.com time to read: +2 min

Elon Musk officially reached a deal to buy social media platform Twitter. The billionaire took the company private by paying $54.20 per share, paying about $44 billion in total. In October 2022, billionaire Elon Musk completed a deal to acquire social media platform Twitter for $44 billion after a wild six months. But on April 25, Twitter said it would agree to be acquired by Musk for $44 billion. As a result of the new deal, Twitter's lawsuit against Musk over the $44 billion purchase came to an end.

Persons: Elon Musk, Musk, Twitter, he'd, Parag Agrawal, Ned Segal Organizations: Morning, Twitter

☆ Twitter to subpoena Senator Elizabeth Warren over communications with U.S. agencies
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, July 20 (Reuters) - Twitter, which has asked a court to terminate a consent order struck last year with the Federal Trade Commission (FTC) related to data breaches, said in a court filing on Thursday that it planned to subpoena Senator Elizabeth Warren in connection with the fight. After billionaire Elon Musk took over Twitter last year, the company laid off thousands of employees and drastically cut costs, prompting questions about whether it had the resources to comply with the FTC consent order. Twitter asked last week for the consent order to be scrapped, accusing the FTC of bias and overreach in filings in federal court in San Francisco. The court filing on Thursday said the subpoena to Warren requested communications regarding Twitter or its owner Elon Musk between her office and the FTC, as well as her office and the Securities and Exchange Commission. Twitter responded to a request for comment by sending a poop emoji, as is its standard practice.

Persons: Elizabeth Warren, Elon Musk, Warren, Twitter, Diane Bartz, David Holmes Organizations: Federal Trade Commission, Twitter, FTC, Securities and Exchange Commission, SEC, Justice Department, Thomson Locations: San Francisco

☆ With the rise of AI, social media platforms could face perfect storm of misinformation in 2024
▼ + stars: | 2023-07-17 | by ( Clare Duffy | ) edition.cnn.com time to read: +13 min

Experts, and even some executives overseeing AI companies, say these tools risk spreading false information to mislead voters, including ahead of the 2024 US election. But they now face a perfect storm of factors that could make it harder than ever to keep up with the next wave of election misinformation. Experts worry that the proliferation of generative AI tools, like ChatGPT, could make it easier for bad actors to create election misinformation. OpenAI, the maker of the popular AI chatbot ChatGPT, issued a stark warning about the risk of AI-generated misinformation in a recent research paper. The platforms largely use a mix of human and automated review to identify misinformation and manipulated media.

Persons: Ron DeSantis ’, Donald Trump, Anthony Fauci, Trump, “, ”, “ We’ve, I’m, David Evan Harris, Bhaskar Chakravorti, it’s, Harris, Margaret Mitchell, Andrew Angelov, incentivized, Mitchell, OpenAI, chatbot ChatGPT, Joe Biden’s, Ivy Choi, Meta, Twitter, Elon Musk Organizations: New, New York CNN, Twitter, Florida Gov, ”, University of Washington, Center, Social, of Technology Institute, Facebook, CNN, The Fletcher School, Tufts University, Google, Pentagon, Republican National Committee, RNC, Democratic, Federal, Commission, YouTube, “, Meta Locations: New York, meddle, United States, Washington

☆ Meta's new Threads app gained an 'unprecedented' 150 million downloads in under two weeks. Now it has to keep users happy.
▼ + stars: | 2023-07-14 | by ( Kali Hays | ) www.businessinsider.com time to read: +4 min

With 150 million downloads, Threads set a new record for app growth far surpassing Pokémon Go. Threads has kept about 100 million active users a week, according to a data research firm. Instagram Threads continued to set a growth record into its second week, surpassing 150 million downloads of the app. 100 million active users a week is about one-fifth of the user base of Twitter, Data.ai added. When Zuckerberg posted on Sunday about hitting 100 million sign-ups, that meant Threads had seen an average of 20 million sign-ups each day.

Persons: Pokémon, Randy Nelson, Nelson, Data.ai, Elon Musk, Mark Zuckerberg, Chris Cox, I've, Zuckerberg, Cox, Andrew Bosworth, Naomi Gleit, Charles Organizations: Twitter, Meta, Elon, CNBC Locations: Niantic, India, Brazil, US, Mexico, Japan

☆ Malaysian PM Anwar discusses Tesla investment, Starlink with Musk
▼ + stars: | 2023-07-14 | by ( ) www.reuters.com time to read: +1 min

KUALA LUMPUR, July 14 (Reuters) - Malaysian Prime Minister Anwar Ibrahim said on Friday he held a call with billionaire Elon Musk to discuss automaker Tesla's investment in the country and SpaceX's satellite communications service. "I welcome the company's interest and decision to invest in Malaysia, and Elon Musk's willingness to come to Malaysia," Anwar said in a statement. Anwar said Tesla's operations in Malaysia will begin this year. The two also discussed Starlink, the satellite communications service started by Musk and operated by his company SpaceX, Anwar said. Reporting by A. Ananthalakshmi and Mei Mei Chu; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

Persons: Anwar Ibrahim, Elon Musk, Elon Musk's, Anwar, Tesla's, Tesla, Mei Mei Chu, Kanupriya Kapoor Organizations: Malaysian, Musk, SpaceX, Thomson Locations: KUALA LUMPUR, Malaysia

☆ FTC chair defends tenure as lawmakers battle over consumer agency's impact
▼ + stars: | 2023-07-13 | by ( Diane Bartz | David Shepardson | ) www.reuters.com time to read: +3 min

Representative Kevin Kiley, Republican from California, asked Khan about the cases that the agency had lost. “We fight hard when we believe there was a law violation, and unfortunately things don’t always go our way,” responded Khan. The agency also lost a fight to stop Facebook parent Meta Platforms from buying VR content maker Within Unlimited. Democrats on the committee sought to defend Khan, occasionally joined by Republicans on the panel including Rep. Ken Buck. Rep. Scott Fitzgerald, a Republican, however, worried about investors in small businesses losing their exit strategies.

Persons: Lina Khan, Lina M, Khan, Bill Nelson, Graeme Jennings, Activision Blizzard, Kevin Kiley, “, don’t, ”, ” Kiley, ” Khan, Darrell Issa, Trump, Ken Buck, Michael Kikukawa, Scott Fitzgerald, “ you’re, you’re, Black Knight, Jim Jordan, Elon, Jerry Nadler, Nadler Organizations: WASHINGTON, U.S . Federal Trade Commission, Republican, Commerce, Science, NASA, Capitol, Committee, Microsoft, “, Activision, Facebook, Republicans, White House Press, Rep, Black, Horizon Therapeutics, Twitter, FTC, Democrat Locations: Washington , U.S, California, U.S

WASHINGTON, July 12 (Reuters) - Billionaire Elon Musk said on Wednesday he thinks China is interested in a cooperative international framework on artificial intelligence, from conversations he had when he visited China a few weeks ago. Musk made the remarks in a Twitter Space event with two U.S. congressmen, Democrat Ro Khanna and Republican Mike Gallagher. "China is definitely interested in working in a cooperative international framework for AI regulation," Musk said. He added that he has advocated for artificial intelligence regulations and oversight, including in his meetings in China. After meeting with officials during his China trip, Musk last month said the Chinese government would seek to initiate artificial intelligence regulations in China.

Persons: Billionaire Elon Musk, Musk, Ro Khanna, Mike Gallagher, Tesla, Ding Xuexiang, Kanishka Singh, Anna Tong, Sandra Maler, Leslie Adler Organizations: Billionaire, Regulators, Thomson Locations: China, Shanghai, Beijing, ChatGPT

BRUSSELS, July 13 (Reuters) - Alphabet (GOOGL.O) said it is rolling out its artificial- intelligence chatbot, Bard, in Europe and Brazil on Thursday, the product's biggest expansion since its February launch and pitting it against Microsoft (MSFT.O)-backed rival ChatGPT. Bard and ChatGPT are human-sounding programs that use generative artificial intelligence to hold conversations with users and answer myriad prompts. Earlier this week, billionaire Elon Musk also launched his long-teased artificial-intelligence startup xAI, whose team includes several former engineers at Google, Microsoft and OpenAI. Krawczyk said Google had since then met the watchdogs to reassure them on issues relating to transparency, choice and control. In a briefing with journalists, Amar Subramanya, engineering vice president of Bard, added that users could opt out of their data being collected.

Persons: Bard, ChatGPT, Elon Musk, Jack Krawczyk, Krawczyk, Amar Subramanya, Subramanya, Foo Yun Chee, Isabel Woodford, Matthew Lewis Organizations: Microsoft, Google, Thomson Locations: BRUSSELS, Europe, Brazil, U.S, Brussels, Mexico

[1/2] The sun sets behind the U.S. Capitol dome in Washington, U.S., on midterm election day, November 6, 2018. It was not the first loss for the agency under Khan. In addition, an internal FTC judge ruled for Illumina's (ILMN.O) purchase of Grail (GRAL.O). Lawmakers are also expected to bring up the committee's requests for documents regarding the agency's review of billionaire Elon Musk's purchase of Twitter. Conservatives have accused social media companies, including Twitter before it was acquired by Musk, of seeking to stifle conservative voices.

Persons: James Lawler Duggan, Lina Khan, Jim Jordan, Trump, Black Knight, Amgen's, Elon Musk's, Diane Bartz, Matthew Lewis Organizations: U.S, Capitol, REUTERS, WASHINGTON, U.S . Federal Trade Commission, Republican, Committee, FTC, Microsoft, Activision, Khan, Facebook, Illumina's, Black, Horizon Therapeutics, Twitter, Musk, Thomson Locations: Washington , U.S, Washington

☆ Tesla in talks with India to set up factory with up to 500,000 annual capacity - report
▼ + stars: | 2023-07-13 | by ( ) www.reuters.com time to read: +2 min

Companies Tesla Inc FollowBENGALURU, July 13 (Reuters) - Tesla (TSLA.O) has begun discussions with the Indian government for an investment proposal to set up a car factory in the country, with an annual capacity of as many as 500,000 electric vehicles, the Times of India reported on Thursday. The prices for the vehicles will start from 2 million rupees ($24,400.66), the report added. The discussions with the Indian government show a shift in strategy for the U.S. electric car maker. Last year, talks stalled after the Indian government refused to agree to a request from Tesla seeking lower import taxes on cars, which can be as much as 100%. India has strong potential for a sustainable energy future including solar power, stationary battery packs and electric vehicles, Musk said after meeting Modi, adding he hopes to bring SpaceX's Starlink satellite internet service to the country as well.

Persons: Elon Musk, Tesla, Musk, Narendra Modi, Modi, Rama Venkat, Sonia Cheema Organizations: Tesla, Reuters, U.S, Indian, Thomson Locations: India, Bengaluru

☆ Twitter asks federal court to terminate 2022 FTC privacy settlement
▼ + stars: | 2023-07-13 | by ( Brian Fung | ) edition.cnn.com time to read: +1 min

Investigators now seek to depose Musk himself, the filing said, calling for the court to intervene to stop the investigation by ending the company’s consent agreement with the FTC. The filing coincided with FTC Chair Lina Khan’s testimony before the House Judiciary Committee on Thursday, where panel Republicans are expected to grill Khan on her agency’s handling of the investigation. The origins of the FTC probe trace back to allegations first reported by CNN and The Washington Post and made by Twitter’s former head of security, Peiter “Mudge” Zatko, last summer. Zatko claimed, in a damning whistleblower disclosure predating Musk’s takeover, that Twitter suffered from deep security vulnerabilities that violated the terms of its FTC agreement. The agreement was first signed in 2011 before being updated in 2022 when regulators accused Twitter of misusing account security information, including user phone numbers, for targeted advertising purposes.

Persons: ”, Elon Musk, Musk, Lina Khan’s, Khan, Twitter’s, Peiter “ Mudge ” Zatko, Zatko Organizations: Washington CNN, Twitter, Federal Trade Commission, FTC, CNN, Washington Post

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