Jane Street, Jump Pull Back Crypto Trading Over US Regulatory Uncertainty
Jane Street Group and Jump Crypto — two of the world’s top market-making firms — are pulling back
2023-05-10 05:22
Florida law takes aim at teachers union that defied DeSantis
Teachers will have to write monthly checks if they want to stay in their union instead of having dues automatically deducted from their paycheck
2023-05-10 03:58
Twitter: Why is Elon Musk purging inactive accounts?
Elon Musk is “purging” old accounts on Twitter, he has said, in yet another controversial change to the service. He said that accounts with “no activity at all for several years” would be removed from the platform. He noted that the result is likely to be a decrease in people’s follower account. But the move has already led to widespread criticism from users who say that it could remove important personal and social history from the site, as well as being yet another ill-explained move from Mr Musk. Much remains unclear about the plan. Mr Musk did not clarify what would mark an active account, for instance – whether it would need its owner to sign in, or if they might have to post – and gave no information about the timescale of the “purging”. But here’s everything we do know about what will be happening to those old Twitter accounts. Why would Elon Musk do this? Mr Musk suggested that the focus is on “free[ing] up abandoned handles”. Many Twitter users who joined the site in its early years were able to claim much-desired usernames – such as those with only three characters – and have not used them since. Even before the purge, people have gone to considerable lengths in order to get those accounts. Those holding particularly valuable handles have spoken about being subject both to hacking attacks and considerable monetary offers to get access to them. It also has the benefit of giving an indication that staying as an active member of Twitter is valuable – or, at least, that it might be problematic not to use an account at all. That in turn could mean that more people log in to more Twitter accounts more regularly, which is a key metric at advertising-driven companies such as Twitter. Why is it being criticised? Many users have suggested that getting rid of those old, inactive accounts will mean deleting history. That might mean deleting accounts that were run by dead loved ones, or simply removing posts that have had a substantial impact on the world. In response, Mr Musk has indicated that the accounts will be “archived”, in a tweet replying to one such critic. He did not give any information about what this might mean, but other comments suggested that the posts may stay available on Twitter but not at the old handle. Many also suggested that the plan had not been fully thought through when it was announced, noting that Mr Musk had given no information to those who might have accounts removed, such as those that use them only to follow developments on Twitter and not post their own tweets. Read More Elon Musk threatens to reassign inactive Twitter accounts Elon Musk says Twitter will let media outlets charge users per article view Jack Dorsey says Twitter ‘went south’ after its sale to Elon Musk Bluesky might be the hottest and most controversial app in the world Apple finally launches two professional apps on the iPad AI robots figure out how to play football in shambolic footage
2023-05-10 01:47
Fox Corp. dinged by Dominion settlement in third quarter
Fox Corp. moved to a loss in its fiscal third quarter, weighed down by Fox News’ nearly $800 million settlement with Dominion Voting Systems
2023-05-10 00:58
Novogratz’s Galaxy Digital Turns Profitable on Crypto Markets Rebound
Michael Novogratz, the founder of crypto financial services firm Galaxy Digital Holdings Ltd., said his company is moving
2023-05-09 22:57
GM hires former Apple executive Abbott to lead software unit
General Motors Co on Tuesday named former Apple Inc executive Mike Abbott to lead a division that will
2023-05-09 21:54
Nintendo banks on 'Zelda' to boost fortunes
Japanese video game giant Nintendo is banking on the latest instalment of its 40-year-old saga "Zelda" to breathe life into its business, after forecasting a...
2023-05-09 21:53
General Motors hires former Apple exec to run software unit
General Motors has hired a former high-ranking software executive at Apple to run a new software organization at the automaker
2023-05-09 21:49
CesiumAstro Expands Advisory Board with Appointment of the Honorable William “Mac” Thornberry as Strategic Advisor
AUSTIN, Texas--(BUSINESS WIRE)--May 9, 2023--
2023-05-09 19:55
Jenna Marbles: 2023 net worth of former YouTuber who left 20 million subscribers shocked
Jenna Marbles quit the platform in 2020 stating she could not 'exist' on the channel
2023-05-09 18:51
Elon Musk's 'purge' announcement sparks backlash from bereaved families including Andrew Tate
A plan by Elon Musk to delete inactive Twitter accounts has sparked a huge backlash - including from Andrew Tate. Musk has announced he will delete accounts that have not been used in a while, warning people that this will see them lose followers. But while that isn't the end of the world, some have expressed concern that the accounts of deceased family members will go too - cutting people off from seeing a history of their loved one's 140-character thoughts. Sign up to our free Indy100 weekly newsletter Controversial commentator Tate, who is now under house arrest following months of detainment in a Romanian prison on suspicion of human trafficking, rape, and organised criminal activity, had an issue with the plan for instance. He tweeted: And others weighed in with their views: According to Twitter's policy, users should log in to their accounts at least once every 30 days to avoid permanent removal due to prolonged inactivity. But there is a way to save tweets. To export an archive, go to your account settings by clicking the "more" icon in the navigation bar and selecting your account from the menu. Then click on download an archive of your data. Nevertheless, it seems that Twitter's new regime is continuing to give people a headache. 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.
2023-05-09 16:22
LinkedIn to cut 716 jobs and shut its China app amid 'challenging' economic climate
LinkedIn, the world's largest social media platform for professionals, is cutting 716 positions and shutting down its jobs app in mainland China, the California-based company announced.
2023-05-09 15:18