A high-profile trial focused on a 2018 tweet about the financing for a Tesla buyout that never happened drew a surprise spectator Friday Elon Musk, the billionaire accused of misleading investors with his usage of the Twitter service he now owns. Musk, the CEO of both Tesla and Twitter, strode into the San Francisco federal courtroom moments before closing arguments from the opposing attorney in the case were scheduled to begin and took a seat alongside his legal team. Like everyone else in the courtroom, he was wearing a mask, as required by U.S. District Judge Edward Chen, but briefly dropped it as he chuckled and whispered something to one of his lawyers. Although an August 7, 2018 tweet disclosing he had funding secured " is the at the center of the trial, Musk wasn't required to show up for Friday's proceedings. His presence in court while he is trying to reverse huge losses at Twitter and overseeing Tesla amid stiffening competition underscores the importance of the trial's ..
Musk, however, did not give details about the portion of revenue that would be shared with users
Users are aware of the Blue-tick on Twitter which was reserved for active and prominent users on the platform that Twitter counts as "notable" profiles
Micro-blogging platform Twitter has expanded its Blue service subscription service to six more countries, taking the total to 12 where users can subscribe to it.
Microblogging platform Twitter on Thursday said that it will stop offering free access to its API (Application Programming Interface) starting February 9 and instead launch a paid version
Elon Musk-run Twitter on Thursday announced that anyone can now appeal their account suspension
Twitter has announced that it has shut down its collaborative posting feature 'CoTweets', which the micro-blogging platform had been testing for the "last several months"
Twitter under Elon Musk is now working on a payments system that will support accepted currencies with crypto functionality embedded into it
On January 21, Musk had announced that the upcoming update of the platform will make it less mandatory for users to use the "For You" algorithmic timeline
It is difficult to figure out whether this was done on purpose by the platform given the way the service is now run
Elon Musk-run Twitter on Saturday announced it will take "less severe actions" against user accounts that break its rules, asking them to remove controversial tweets and move on
The microblogging platform also said that the feature will also be coming to iOS and Android soon
Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker. The Austin, Texas, maker of electric vehicles and solar panels said it made $3.69 billion from October through December, or an adjusted $1.19 per share. That beat estimates of $1.13 that had been reduced by analysts, according to FactSet. The company's profit was 59% more than the same period a year ago. Revenue for the quarter was $24.32 billion, which fell short of the $24.67 billion that analysts expected. On Jan. 13, the company cut prices in the U.S. and China, its two biggest markets, by up to 20% on some models, leading many analysts to believe that demand had fallen due to high prices and rising interest rates. Tesla said in its investor letter Wednesday that it would produce about 1.8 million vehicles this year, ahead of a predicted 50% annual growth rate. But the outlook
Tesla CEO Elon Musk's impulsive and sometimes inflammatory usage of Twitter took centre stage Wednesday in a trial focused on whether he misled investors with his 2018 tweets indicating he had lined up financing to take the electric automaker private, a proposal that rapidly unravelled. The spotlight on Musk's tweeting habits came a day after the 51-year-old billionaire completed three days of defiant testimony during which he told the nine-member jury why he believed he could have pulled off a Tesla buyout that could have cost anywhere from $30 billion to more than $70 billion at the time. Musk, who now owns the Twitter service that's central to the trial about his management of Tesla, raised the prospect of a buyout in an Aug. 7, 2018 tweet stating he had the funding secured for the deal. Musk followed up a few hours later with another tweet suggesting a deal was imminent. After it became apparent that the money wasn't in place to take Tesla private, Musk and the company reached
"Twitter does not have the capability to log which, if any, engineers use or abuse GodMode"
This comes a week after Mohalla Tech Pvt Ltd, the parent company of homegrown video-sharing platforms ShareChat and Moj, laid off 20 per cent of its workforce, comprising around 500 employees
Prime Minister Narendra Modi on Wednesday greeted people of the country on National Voters' Day
Twitter quit paying rent on its San Francisco headquarters in December
More landlords are taking Twitter to court over unpaid rent at the social media company's headquarters in San Francisco and its British offices the latest legal headaches for billionaire owner Elon Musk, who has been trying to slash expenses. Twitter is facing a lawsuit over allegations it failed to pay rent for its head office, according to California court documents. The owner of its premises in central London, meanwhile, said it's taking the company to court over rental debt. Musk is making extreme cost cuts after his USD 44 billion deal last year to buy Twitter left the company on the hook for about USD 1 billion a year in interest payments. Twitter has already been taken to court this month for falling behind on rent at another San Francisco office. It comes as Musk has been testifying in recent days in a separate class-action lawsuit from Tesla investors alleging his 2017 tweet misled them about funding to take the electric carmaker private. The Tesla CEO's cost-cutting ...
The social media company failed to pay the $3.36 million December rent for its offices at 1355 Market Street and the $3.42 million for January rent