Foxconn pulls out of $19 billion chipmaking project in India
Foxconn says it is exiting an ambitious project to help build one of India's first chip factories.
2023-07-11 16:27
Tata Group Closes In on Deal to Become First Indian iPhone Maker
Tata Group, India’s largest conglomerate, is close to an agreement to acquire an Apple Inc. supplier’s factory as
2023-07-11 13:49
Twitter gets bizarre endorsement from Taliban as militants give verdict on rival Threads
Twitter has received an unlikely endorsement from a Taliban leader amid woes as the number of users of the Elon Musk-owned platform is “tanking” following the release of Meta’s rival app Threads. Taliban leader Anas Haqqani tweeted his approval of Twitter over other social media platforms, highlighting what he thought were some advantages of the Musk-owned site. “Twitter has two important advantages over other social media platforms,” Mr Haqqani tweeted. “The first privilege is the freedom of speech. The second privilege is the public nature & credibility of Twitter. Twitter doesn’t have an intolerant policy like Meta. Other platforms cannot replace it,” he said. Twitter has been facing major hurdles since the Tesla and SpaceX chief took over the company last year with further hardship after Meta’s Mark Zuckerberg launched the Threads app. It appears that the number of Twitter users may also be “tanking” following the release of Threads, according to Cloudflare’s chief executive Matthew Prince. Mr Prince showed a graph last week highlighting an apparent decline in Twitter’s popularity since Mr Musk’s takeover of the company, along with a steep drop after the launch of Threads. A record number of users have flocked to Mr Zuckerberg’s Twitter-clone with the app gaining over 100 million sign ups within days of its launch. “That’s mostly organic demand and we haven’t even turned on many promotions yet. Can’t believe it’s only been five days!” the Meta boss said. While Twitter appears to have fallen out of favour with many users, The Taliban, however, still seems to prefer it over Threads. After “free-speech absolutist” Mr Musk took over Twitter and fired over three-fourths of the company’s workforce, including entire teams behind content moderation, social media experts expressed dissatisfaction over the rise of hate speech on the platform and advertisers as well as regular users have exited the site. But according to Mr Haqqani, a Taliban thought-leader, the biggest draw of Twitter – where the militant group continues to post updates – is the site’s flexible moderation policy. This is in contrast to Meta’s Facebook which views the Taliban as a terrorist organisation and disallows it from posting on the platform. Read More Who are the key members of the Taliban’s new all-male government? It’s wishful thinking to believe in a more moderate Taliban Taliban rename women’s ministry as office for group’s moral police $44 billion and eight months later. It’s finally all over for Elon Musk Instagram Threads hits 100 million users, becoming easily the fastest growing app ever Twitter traffic ‘tanking’ after record-breaking Threads launch
2023-07-11 13:25
Cryptoverse: Hungry exchanges fight for slice of American pie
By Hannah Lang May the best exchange win? Crypto platforms are vying for dominance in the United States,
2023-07-11 13:15
AI Trading Is Playing a Growing Role in Europe’s Power Bills
A Danish energy trader crunches about 30 million data points every day in an effort to predict how
2023-07-11 12:24
AI Researcher Who Helped Write Landmark Paper Is Leaving Google
An artificial intelligence researcher who co-authored one of Google’s most influential papers in the field is leaving the
2023-07-11 11:45
Privacy activists slam EU-US pact on data sharing
The deal overcame objections about US intelligence agencies' level of access to European data.
2023-07-11 11:25
Meta made cuts to election teams ahead of Threads launch, prompting concerns for 2024
Meta has made cuts to its teams that tackle disinformation and coordinated troll and harassment campaigns on its platforms, people with direct knowledge of the situation told CNN, raising concerns ahead of the pivotal 2024 elections in the US and around the world.
2023-07-11 09:51
10 of the Best Early Prime Day Deals You Can Score on Apple Products
Shop massive discounts on iPads, AirPods, Apple Watches, and more with these Apple Prime Day deals.
2023-07-11 06:18
Rivian options buyers may be helping drive stock higher
By Saqib Iqbal Ahmed NEW YORK Investors are piling into bullish options bets on the shares of Rivian
2023-07-11 04:55
Twitter traffic ‘tanking’ after record-breaking Threads launch
The number of Twitter users is “tanking” following the release of rival app Threads, according to the head of an internet services company. Cloudflare chief executive Matthew Prince shared a graph showing an apparent decline in Twitter’s popularity following Elon Musk’s takeover of the social network late last year, with a steep drop appearing at the start of July when tech rival Mark Zuckerberg launched his text-based app. Separate figures from data intelligence platform Similarweb showed that traffic to Twitter was down 5 per cent in the first two full days that Threads was available, compared with the previous week, while user retention has also declined. In a report on the trend, Similarweb noted that the drop in user retention is “a bad sign for app user loyalty” for Twitter. The metric only accounts for people visiting Twitter’s website and not those using the app, with other measures suggesting the number of daily active users steadily increased in the nine months following Mr Musk’s takeover. Twitter does not publish up-to-date user data and did not respond to a request from The Independent for the latest figures. The launch of Threads last Thursday saw a record number of users flock to the app in its first few days, with Mr Zuckerberg revealing that the app had reached 100 million sign ups on Monday. “That’s mostly organic demand and we haven’t even turned on many promotions yet,” the Meta boss posted on Threads. “Can’t believe it’s only been five days!” Recent estimates published by Statista put the number of monthly active Twitter users at around 436 million. The arrival of Threads comes at a difficult time for Twitter, with Mr Musk recently announcing a limit to the number of tweets users can view after issues with data harvesting on the platform. Twitter has threatened to sue Threads’ parent company Meta, claiming former Twitter staff were hired to create a “copycat” platform. “Twitter intends to strictly enforce its intellectual property rights, and demands that Meta take immediate steps to stop using any Twitter trade secrets or other highly confidential information,” Mr Musk’s lawyer Alex Spiro wrote in a letter to Mr Zuckerberg, as reported by Semafor. “Twitter reserves all rights, including, but not limited to, the right to seek both civil remedies and injunctive relief without further notice to prevent any further retention, disclosure, or use of its intellectual property by Meta.” The Independent has reached out to Mr Spiro for further information about any potential legal action. Read More Musk, Zuckerberg and the bitter battle for the future of social media Account tracking Elon Musk’s jet is now on Threads after Twitter suspended it Elon Musk says ‘Zuck is cuck’ as Threads inches closer to 100m users Instagram’s boss has said it will fix some glaring issues with Threads
2023-07-11 04:53
Sonic the Hedgehog’s US Workers Vote to Join Union
The US home of Sonic the Hedgehog is now a union shop. Workers at Sega of America say
2023-07-11 04:48