Monday, December 9

Tag: Twitter

Donald Trump Poses a Unique Threat To Truth Social, Says Truth Social
15Apr By adminNo Comments
Technology

Donald Trump Poses a Unique Threat To Truth Social, Says Truth Social

Trump Media & Technology Group, the Truth Social parent company majority-owned by former president Donald Trump, filed a document with the Securities and Exchange Commission this morning that helpfully details all of the ways Trump himself poses a threat to the company and its shareholders. While the company generated just over $4 million in revenue in 2023, Trump Media’s valuation has fluctuated wildly since going public in March, at one point reaching more than $7 billion. As of this morning, the company was valued at $3.7 billion. Trump Media has become a meme stock, where the stock price is governed more by vibes than traditional financial performance.The SEC document filed by Trump Media this morning, which announced the public stock offering of 21.5 million shares, also detailed...
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X won’t let users hide their blue checks anymore
12Apr By adminNo Comments
Technology

X won’t let users hide their blue checks anymore

X will no longer allow users to hide their blue checks, regardless of whether they paid for premium or not. On Thursday, the app began notifying users that “the hide your checkmark feature of X Premium is going away soon.”The change comes shortly after X unexpectedly began adding blue checks to the accounts of “influential” users with at least 2,500 followers who pay for a premium subscription. While Elon Musk suggested that change was meant to be a perk, some of his critics — including formerly verified users — were less than pleased with the blue badge appearing on their accounts, lest others suspect them of actually paying for a subscription.
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Pop Music Is Mad. Social Media Loves It
10Apr By adminNo Comments
Technology

Pop Music Is Mad. Social Media Loves It

Not everyone is buying it. Despite the study’s findings, “I don’t believe hip-hop lyrics are more angry,” says Dame Aubrey, head of A&R for CMG Records and Management, a music label that represents rappers Moneybagg Yo, BlocBoy JB, and GloRilla. If anything, Aubrey says, what changes we do hear are a product of how music has expanded. It’s simple, Aubrey says: more people, more perspectives. The medium is more accessible now because of the technology available. “There’s just a lot more artists with opportunities to be heard because it basically became a trend to make music.”One major adjustment in all of this is the mechanics of how a song gets popular, and what its popularity generates.In the age of social media, that can often translate into more of the same kinds of sounds, althoug...
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X makes passkey logins available to iOS users worldwide
9Apr By adminNo Comments
Technology

X makes passkey logins available to iOS users worldwide

X has expanded its support for passkey logins and has made the option available to users around the world, as long as they're accessing the app on an iPhone. The social media company formerly known as Twitter originally launched passkey support for iOS users in the US back in January. Now, the X Safety account has confirmed its global rollout, giving more people the choice to use the login alternative.Passkeys are considered more secure than passwords, because they're not vulnerable to phishing or social engineering schemes and are resistant to login theft. When users activate and set up a passkey login, they're creating a key pair that will serve as their digital authentication credential. The service offering the login option only has access to one of those keys, which it then has to pa...
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Welcome to the Age of Technofeudalism
9Apr By adminNo Comments
Technology

Welcome to the Age of Technofeudalism

The tech giants have overthrown capitalism. That’s the argument of former Greek finance minister Yanis Varoufakis, who became famous trying to defend debt-laden Greece from its German creditors. Varoufakis has never quite regained the notoriety of 2015. But he has remained a prominent left-wing voice. After a failed campaign for a seat in the European Parliament in 2019, he plans to run again this June. This time, his adversary isn’t Berlin or the banks. It’s the tech companies he accuses of warping the economy while turning people against one other.Courtesy of Penguin Random HouseVaroufakis is also a prolific author; his 17th book, written as a letter to his techno-curious father, chronicles the evolution of capitalism from the 1960s advertising boom, through Wall Street in the 1980s, to...
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Brazil Supreme Court investigating Elon Musk over obstruction, disinformation on X
8Apr By adminNo Comments
Money

Brazil Supreme Court investigating Elon Musk over obstruction, disinformation on X

A crusading Brazilian Supreme Court justice included Elon Musk as a target in an ongoing investigation over the dissemination of fake news and opened a separate investigation late Sunday into the executive for alleged obstruction.In his decision, Justice Alexandre de Moraes noted that Musk on Saturday began waging a public "disinformation campaign" regarding the top court's actions, and that Musk continued the following day — most notably with comments that his social media company X would cease to comply with the court's orders to block certain accounts."The flagrant conduct of obstruction of Brazilian justice, incitement of crime, the public threat of disobedience of court orders and future lack of cooperation from the platform are facts that disrespect the sovereignty of Brazil," de Mo...
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Trump’s Social-Media Potemkin Village | The New Yorker
5Apr By adminNo Comments
Entertainment

Trump’s Social-Media Potemkin Village | The New Yorker

Last Tuesday, the day of Truth Social’s I.P.O., under the ticker symbol DJT, the social-media company co-founded by Donald Trump reached a short-lived market capitalization of more than six billion dollars. To put things in perspective, that figure puts the platform on par with such unglamorous mid-range technology businesses as Chewy, an online pet-food purveyor, and Klaviyo, an e-mail-marketing company. But even those companies have been around for more than a decade and bring in hundreds of millions of dollars in annual revenue. Truth Social, in contrast, is notable for the gaping incongruity between its spiking valuation and the paltry reality of its product. The concept of a Trump-driven social-media platform emerged in 2021 after he was banned from Twitter and Facebook in the wake o...
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US Navy Veteran Who Feds Say Rammed FBI Headquarters Had QAnon-Linked Online Presence
4Apr By adminNo Comments
Technology

US Navy Veteran Who Feds Say Rammed FBI Headquarters Had QAnon-Linked Online Presence

A former Navy submarine technician was arrested after law enforcement says he drove an SUV into the FBI headquarters near Atlanta on Monday afternoon. It is still unclear why the suspect, Ervin Lee Bolling, attempted to force entry into the headquarters, but research conducted by the nonpartisan public-interest nonprofit Advance Democracy and shared exclusively with WIRED has found that accounts believed to be associated with Bolling shared numerous conspiracy theories on social media platforms, including X and Facebook.Just after noon on Monday, Bolling rammed his burnt-orange SUV with South Carolina license plates into the final barrier at FBI Atlanta’s headquarters, wrote Matthew Upshaw, an FBI agent assigned to the Atlanta office, in a sworn affidavit on Tuesday. Upshaw added that aft...
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X names its third head of safety in less than two years
3Apr By adminNo Comments
Technology

X names its third head of safety in less than two years

X has named a new head of safety nearly a year after the last executive in the position resigned. The company said Tuesday that it had Kylie McRoberts to Head of Safety and hired Yale Cohen as Head of Brand Safety and Advertiser Solutions.The two will have the unenviable task of leading X’s safety efforts, including its attempts to reassure advertisers that the platform doesn’t monetize or . The company said earlier this year it planned 100 new safety employees after much of its safety staff.Head of safety has been a particularly fraught position since Elon Musk took over the company previously known as Twitter. Musk has previously clashed with his safety leads and McRoberts is the third person to hold the title in less than two years. Previously, Yoel Roth shortly after the disastro...
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