Imagine there is a public speaking square in your city, much like the ancient Greek agora. Here you can freely share your ideas without censorship. But there’s one key difference. Someone decides, for their own economic benefit, who gets to listen to what speech or which speaker. And this isn’t disclosed when you enter, either.… Read more »
In a surprise capitulation, the board of Twitter has announced it will support a takeover bid by Elon Musk, the world’s richest person. But is it in the public interest? Musk is offering US$54.20 a share. This values the company at US$44 billion (or A$61 billion) – making it one of the largest leveraged buyouts… Read more »
Elon Musk’s US$44 billion offer to buy Twitter and turn the social media platform into a private company is almost a done deal. But not quite. While Twitter’s board has endorsed his offer, Musk now needs the nod from a majority of Twitter’s shareholders and US corporate regulators. Before we get on to the details… Read more »
Elon Musk has bought influential social media company Twitter for $61.5 billion (US$44 billion) after a month-long siege that saw Twitter on the brink of diluting its shares to keep Musk away. Current Twitter shareholders will be paid $75.80 (US$54.20) per share in an agreement that Musk has framed as a win for free speech.… Read more »
Most people who use Twitter have had the experience: you fire off a quick tweet, realise it contains a typo, then get annoyed you can’t click “edit” to fix it. Twitter users have been clamouring for an edit button for years. Elon Musk, who has recently been buying up shares in the microblogging platform and… Read more »
The man who bought an NFT of Twitter co-founder and former CEO Jack Dorsey’s first ever tweet for nearly $4 million tried to auction it for $65 million – but the highest bid came in at less than $400. Sina Estavi, CEO of Malaysian blockchain company Bridge Oracle, famously jumped at the opportunity to buy a copy… Read more »
Twitter co-founder Jack Dorsey has resigned as chief executive of the microblogging site after 16 years. The resignation was effective immediately. He was replaced by the company’s chief technology officer Parag Agrawal, who has been with the company for a decade and CTO since 2017. Dorsey will also leave the board when his term expires… Read more »
Twitter has come under increasing public scrutiny for facilitating hostile communication online. While the micro-blogging site promotes itself as providing a “free” and “safe” space to talk, critics have highlighted the company’s inept response to repeated instances of trolling, harassment and abuse. Our research into how people present themselves and manage their interactions with other… Read more »
Over the past year, we’ve seen how dramatically misinformation can impact the lives of people, communities and entire countries. In a bid to better understand how misinformation spreads online, Twitter has started an experimental trial in Australia, the United States and South Korea, allowing users to flag content they deem misleading. Users in these countries… Read more »
Dogecoin’s Australian co-inventor, Jackson Palmer, has made a rare foray into public debate about the worth of cryptocurrencies, condemning them a cult-like get rich quick scheme for billionaires taking advantage of “the financially desperate and naive”. In a 10-tweet thread, Palmer, whose Twitter account is normally silent, lambasted cryptocurrencies as “almost purpose built to make… Read more »
Happy Monday everyone and welcome to the first day of Autumn. Here’s your local and global tech news. Don’t forget to tune in for the Startup Daily show on Ausbiz.com.au every weekday, 2-2.45pm. Watch online, download the ausbiz app or via 7Plus. The end of HQs Coinbase filed for its IPO last week. You can read more about the plan,… Read more »
Happy Thursday. Here’s today’s global tech news And don’t forget to tune in for the Startup Daily show on Ausbiz.com.au every weekday, 2-3pm. Watch online, download the ausbiz app or via 7Plus Twitter results Twitter released its fourth quarter and 2020 fiscal year results overnight. Q4 revenue was US$1.29 billion, up 28% year-on-year (YoY). Q4 advertising revenue was US$1.15… Read more »
Australian comedy and satire group The Chaser have had their verified account suspended by Twitter overnight after @chaser changed its name to Donald J Trump, including a photo of the US President and wrote “Don’t vote for me, I’m a massive idiot”. Twitter’s response was surprisingly quick given it occurred while most of the US… Read more »
Twitter has announced it’s taking sweeping action to limit the reach of content associated with QAnon. Believers of this fringe far-right conspiracy theory claim there is a “deep state” plot against US President Donald Trump led by Satan-worshipping elites from within government, business and media. Twitter has banned more than 7,000 accounts tweeting about QAnon,… Read more »
US President Donald Trump, who tweeted more than 11,000 times in the first two years of his presidency, is very upset with Twitter. Last week Trump tweeted complaints about mail-in ballots, alleging voter fraud – a familiar Trump falsehood. Twitter attached a label to two of his tweets with links to sources that fact–checked the… Read more »
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