Tech Billionaire Keeps Focus on Singapore for Giant Solar Cable
Billionaire Mike Cannon-Brookes is making new progress on plans to export clean energy from Australia to Singapore through
2023-09-07 15:26
Watch India's moon lander actually hop on the lunar surface
India's moon lander Vikram obviously doesn't ascribe to that saying, "Quit while you're ahead." The
2023-09-06 17:52
Why is it so rare to hear about Western cyber-attacks?
Could a cyber-attack on a Russian technology company provide a rare insight into a Western hack?
2023-06-23 09:49
Twitter is in negative cash flow due to 50% drop in advertising revenue, says Elon Musk
Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Mr Musk tweeted Saturday: “We’re still negative cash flow, due to (about a) 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,” he concluded. Ever since he took over Twitter in a $44bn deal last fall, Mr Musk has tried to reassure advertisers who were concerned about the ouster of top executives, widespread layoffs and a different approach to content moderation. Some high-profile users who had been banned were allowed back on the site. In April, Mr Musk said most of the advertisers who left had returned and that the company might become cash-flow positive in the second quarter. In May, he hired a new CEO, Linda Yaccarino, an NBCUniversal executive with deep ties to the advertising industry. But since then, Twitter has upset some users by imposing new limits on how many tweets they can view in a day, and some users complained that they were locked out of the site. Mr Musk said the restrictions were needed to prevent unauthorized scraping of potentially valuable data. Twitter got a new competitor this month when Facebook owner Meta launched a text-focused app, Threads, and gained tens of millions of sign-ups in a few days. Twitter responded by threatening legal action. Read More Elon Musk doppelganger fights fake Mark Zuckerberg in preview of cage match Twitter starts making payments to its controversial users, including $20k to Andrew Tate Threads: Elon Musk posts series of explicit tweets about Mark Zuckerberg
2023-07-16 11:19
Twitter to Impose 'Daily Limits' on Direct Messages for Unverified Users
In another controversial change, Twitter will restrict the number of direct messages that unverified users
2023-07-22 06:46
Pixion Games Secures $5.5M in Funding to Accelerate Development of Fableborne
LONDON--(BUSINESS WIRE)--Jun 27, 2023--
2023-06-27 18:15
Nexo Rolls out Dual Mode Capability on its Signature Crypto Mastercard
VILNIUS, Lithuania--(BUSINESS WIRE)--Aug 31, 2023--
2023-08-31 22:56
Adobe to defend Figma deal at Dec. 8 EU hearing, sources say
By Foo Yun Chee BRUSSELS Adobe will aim to counter EU antitrust charges that its proposed $20 billion
2023-11-29 19:26
Meta’s Twitter rival Threads sees steep drop in daily users by 80 per cent, report says
Meta’s Twitter rival Threads appears to be struggling to hold on to users as its daily active user count is down by about four-fifth since its launch – just days after it broke records as the fastest-growing app ever. Within a few days of its launch, Instagram’s threads reached 100 million users, making it the most rapidly growing app ever developed. In comparison, OpenAI’s ChatGPT, which was the previous fastest-growing app, took two months to reach 100 million users. Growing at such a rapid rate, Threads easily became the leading competitor of X (formerly Twitter) with about three times as many users as all other rivals combined within hours of launching. But new data assessed by market research firm Sensor Tower suggests Threads is facing challenges in retaining its user base. The firm’s analysis points out that the daily active user count of Threads is down by 82 per cent since the app’s launch as of 31 July, CNN reported. Fewer users are opening the app and doing so less frequently, apart from spending less time there, according to Sensor Tower. Citing the market research firm, CNN said users spent barely three minutes per day on Threads, compared to nearly 20 minutes during its initial launch. Analysis by another firm Similarweb also pointed out that Threads is struggling to retain its users. While the app’s usage peaked on 7 July – immediately after its launch – with over 49 million daily active users on Android alone, this number had fallen to 12.6 million by 23 July, according to a blog post by Similarweb. At its peak, Threads reportedly had over a third of X’s audience on that platform, but by 23 July, this had dropped to about 12 per cent of the users on the Elon Musk-owned platform. Sensor Tower noted that Threads’ daily active user count is still falling at about 1 per cent each day. “Threads took off like a rocket, with its close linkage to Instagram as the booster. However, the developers of Threads will need to fill in missing features and add some new and unique ones if they want to make checking the app a daily habit for users,” Similarweb noted in its blog post. Despite falling numbers, Meta chief Mark Zuckerberg is “quite optimistic” about the app, intending now to focus on “retention and improving the basics”, according to CNN. “And then after that, we’ll focus on growing the community to the scale we think is possible,” Mr Zuckerberg said. Read More Meta is secretly building an AI chatbot with the personality of Abraham Lincoln Are you a Facebook user? Here’s how to claim your share of $725m settlement in privacy lawsuit Elon Musk red-faced as police halt Twitter sign removal leaving company called ‘ER’ Mark Zuckerberg reveals his 4,000 calorie diet and large McDonald’s order Meta is secretly building an AI chatbot with the personality of Abraham Lincoln Here’s how to claim your share of $725m settlement in Facebook’s privacy lawsuit
2023-08-04 13:22
Chinese hackers breached US ambassador to China's email account
China-based hackers breached the email account of US Ambassador to China Nicholas Burns as part of a recent targeted intelligence-gathering campaign, three US officials familiar with the matter told CNN.
2023-07-21 04:18
Microsoft under European antitrust investigation over Teams
European officials are investigating whether Microsoft's practice of bundling its Teams software with Office 365 is anticompetitive, the European Commission said Thursday.
2023-07-27 20:58
Biden discusses risks and promises of artificial intelligence with tech leaders in San Francisco
President Joe Biden has convened a group of technology leaders in San Francisco to debate the risks and promises of artificial intelligence
2023-06-21 05:49
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