Technology

Musk says Twitter is losing cash because advertising is down

Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re still negative cash flow, due to (about a) 50% drop in advertising revenue plus heavy debt load.” “Need to reach positive cash flow before we have the luxury ...

11:46 Et July 16, 2023

Twitter threatens legal action against Meta for new Threads App: Report

Twitter threatened to sue Facebook parent, Meta, for its new Threads platform, according to a report Thursday. The news website, Semafor, citing a letter dated Wednesday, reported that ...

15:03 Et July 7, 2023

Meta takes aim at Twitter with Threads app, millions join

Meta Platforms on Wednesday launched a direct challenge to Twitter with Threads, garnering millions of users in hours as it sought to take advantage of its rival's much-weakened state ...

09:58 Et July 6, 2023

itel Launches Color-changing New Smartphone S23, Takes Users to New Heights in Morocco

itel, the global leading smart life brand committed to providing affordable and good quality consumer electronic products with an excellent user experience, has officially launched its first-ever color-changing ...

13:44 Et June 13, 2023

Meta introduces broadcast tool Channels on WhatsApp

Meta Platforms on Thursday introduced WhatsApp Channels, a feature that the social media giant said would help make the app a "private broadcast messaging product." Users in Colombia ...

10:51 Et June 8, 2023

TikTok: ByteDance accused of helping China spy on Hong Kong activists

TikTok's owner ByteDance has been accused of allowing Chinese Communist Party (CCP) members to access the data of Hong Kong civil rights activists and protesters. Users who uploaded ...

19:15 Et June 7, 2023

WHO warns against bias, misinformation in using AI in healthcare

The World Health Organization called for caution on Tuesday in using artificial intelligence for public healthcare, saying data used by AI to reach decisions could be biased or ...

10:59 Et May 16, 2023

Elon Musk says he has found new Twitter CEO

Elon Musk said on Thursday he has found a new chief executive for Twitter, but did not name the person, while the Wall Street Journal reported that Comcast NBCUniversal ...

11:00 Et May 12, 2023

AI pioneer says its threat to world may be 'more urgent' than climate change

Artificial intelligence could pose a "more urgent" threat to humanity than climate change, AI pioneer Geoffrey Hinton told Reuters in an interview on Friday. Geoffrey Hinton, widely known as one of the "godfathers of AI", recently announced he had quit Alphabet after a decade at the firm, saying he wanted to speak out on the risks of ...

12:20 Et May 7, 2023

Twitter to take 10% cut on content subscriptions after 12 months

Twitter Inc CEO Elon Musk said on Friday that the social media platform will take a 10% cut on content subscriptions after the first year, as the company ...

12:34 Et April 29, 2023
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