Microsoft on Pace to Hit All-Time High After Hiring OpenAI’s Sam Altman
Microsoft Corp. hit a new all-time high after the software giant hired OpenAI co-founders Sam Altman and Greg
2023-11-21 05:29
Taylor Swift Is Making More Than $13 Million a Night on Her Tour
Taylor Swift is bringing in ticket sales of more than $13 million a night on the road —
2023-07-01 04:51
Niger coup: France evacuating citizens after embassy attack
It comes amid growing anti-French sentiment, with its embassy recently coming under attack.
2023-08-02 03:49
Two defenders out in latest injury blow for France at World Cup
Defenders Elisa De Almeida and Selma Bacha were Saturday ruled out of France's Women's World Cup opener against Jamaica, adding to...
2023-07-22 19:23
Judge dismisses Trump's defamation lawsuit against Carroll for statements she made on CNN
A federal judge has dismissed Donald Trump's counter defamation lawsuit against E. Jean Carroll, dealing another legal blow to the former president.
2023-08-08 00:23
Sunak's Conservatives suffer big defeats but avoid a wipeout in trio of UK special elections
Britain’s governing Conservative Party have avoided a drubbing in a trio of special elections, managing to hold onto former premier Boris Johnson’s seat in suburban London
2023-07-21 12:53
Zoom Revises Terms After Changes Spark Fears of AI Learning From Video Chats
A day after controversy erupted over months-ago revisions to Zoom’s terms of service that evoked
2023-08-08 06:18
Elon Musk just revealed that Twitter is losing money fast thanks to advertising drop
On Saturday (July 15), Elon Musk revealed that Twitter is struggling with a “heavy debt load” due to advertising revenue dropping 50 per cent. Responding to a user seemingly giving financial business advice to Musk, the billionaire replied explaining that the company is “still in negative cash flow, due to ~50 per cent drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else.” Back in April, Musk had said Twitter was “roughly breaking even,” as most of its advertisers had returned. However, a New York Times report in early June found that Twitter’s revenue from US advertising was down 59 per cent from the previous year. Since taking over Twitter in October last year, Musk has faced constant scrutiny for his business decisions, cutting roughly 75 per cent of its workforce almost immediately, as well as reinstating users who were previously banned for breaking terms of service. Sign up to our free Indy100 weekly newsletter In May, Musk hired a new CEO, Linda Yaccarino, an ex-NBCUniversal advertising executive. The new hire was supposed to signal a fresh start for the platform under Musk’s ownership, but it clearly hasn’t worked in bringing previous advertisers back. Twitter has also caused new upset by imposing ‘rate limits’ on how many tweets users can view a day. At the time, Musk had said the restrictions were required to “address extreme levels of data scraping & system manipulation”. Another challenge that faces Twitter is Meta’s Threads, the new app it launched this week to compete with Twitter. Meta saw over 100 million users sign up in the first two weeks, but is yet to allow advertisers to host on the platform, despite interest. In response, Twitter threatened legal action, with Twitter’s attorney, Alex Spiro, accusing Meta for unlawfully using trade secrets and other intellectual property to create a “copycat” app. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-16 18:51
Jumbo problem: Sri Lanka's battle with plastic pollution
Heart-wrenching images of revered elephants and cattle eating plastic in Sri Lanka have prompted politicians to toughen pollution laws, but sceptical conservationists warn...
2023-06-27 10:58
Fans 'crack up' as Jimmy Fallon jokes about Suga of BTS 'dating' Travis Kelce's mom Donna
'Love that you love BTS, Jimmy, and fun that you highlighted them in humor today,' said a fan on social media
2023-10-19 19:22
Post-Nerf Kraber Trick Allows Players to Still One-Shot Enemies in Apex Legends
It appears there's a trick that makes the Kraber still be able to one-shot players in Apex Legends: Saviors.
2023-04-10 15:38
US seeks delay of Israeli ground incursion for more time for hostage talks
The Biden administration has pressed Israel to delay its imminent invasion of Gaza to allow for the release of more hostages held by Hamas and for aid to reach Gaza, according to two sources briefed on the discussions.
2023-10-22 23:46
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