Business / Tech Jul 7, 2023
Meta’s Threads app draws millions seeking a Twitter alternative
Meta’s apps in the past have competed indirectly for user attention with Twitter by courting news publishers, politicians and other high-profile people.
Business / Tech Jul 6, 2023
Instagram unveils Threads app, a threat to Musk’s Twitter
The app is the most serious threat yet to Elon Musk’s struggling social-media site.
Business / Tech Jul 4, 2023
Instagram launch of Twitter rival ‘Threads’ expected on Thursday
With the launch, parent company Meta seeks to take advantage Twitter’s problems since it was taken over by Elon Musk last year.
Business / Tech Nov 2, 2022
Twitter Blue will verify users for $8 a month, Musk says
Musk, who acquired the social network for $44 billion last week, said these Blue users would also get priority in replies, mentions and Twitter search, and half as many ads.
Business / Tech | FOCUS Oct 9, 2022
‘Plot Twist!’: Musk’s deal for Twitter lurches toward a close
Behind the scenes, Twitter’s lawyers raced to verify Musk’s renewed affinity for the deal, checking whether he had indeed asked lenders for the money they had earlier committed.
Business / Tech Jul 9, 2022
Musk backs out of $44 billion Twitter deal over bot accounts
Twitter has made "misleading representations” over the number of spam bots on the social network, and hasn’t "complied with its contractual obligations," Musk’s representatives said.
Business Nov 3, 2020
Big Tech draws record revenue and harsh criticism with U.S. election ads
The presidential campaigns for each party more than doubled their ad spending on Facebook compared with the presidential candidates in the 2016 race.
Business / Tech Mar 12, 2020
Augmented reality startup Magic Leap to explore a sale
Magic Leap Inc., the startup that raised more than $2 billion to build an augmented reality device, is exploring options including a sale, according to people familiar with the matter. The Plantation, Florida-based company is working with an adviser to consider strategic options that could ...
Business / Corporate Nov 8, 2019
Facebook staffers' gripes about 'unethical,' anti-competitive practices rejected by execs in 2012: leaked chats
Facebook Inc. employees repeatedly chafed at what they viewed as anti-competitive or unethical practices by the company, internal chats show. But their concerns, voiced in 2012 and 2013, were overruled by senior managers including Chief Executive Officer Mark Zuckerberg, who argued that the survival ...
Business / Tech May 26, 2013
A big 'F-ck yeah' from 26-year-old Tumblr CEO on $1.1 billion Yahoo deal
Tumblr Inc. Chief Executive Officer David Karp, a 26-year-old who started the company in 2007, signed a note announcing Yahoo! Inc.'s $1.1 billion acquisition with the closing, "F-ck yeah." Beyond just expressing elation, Karp was making a statement that the New York-based company will retain ...