Oct 26: Elon Musk has been on a mission to transform X (the platform formerly known as Twitter) from what was once the world’s most successful microblogging platform into an “everything app”—a sort of one-stop shop of web services. In the course of this attempted transformation, Musk can brag
MOSCOW, Oct 19: US billionaire entrepreneur Elon Musk is considering removing his social networking service X (formerly known as Twitter) from Europe amid the European Union's investigation into compliance with the Digital Services Act (DSA), Sputnik quoted Business Insider report Wednesday.
July 24: Twitter has changed its brand and logo from its famous blue bird to "X".
The new white X on a black background has replaced the blue bird on the desktop version of the social network, although is yet to appear on the mobile app.
July 17: Twitter has lost almost half of its advertising revenue since it was bought by Elon Musk for $44 billion (£33.6bn) last October, its owner has revealed.
He said the company had not seen the increase in sales that had been expected in June, but add
July 8: Twitter is considering legal action against Meta over its fast-growing rival app Threads. Threads, which was launched to millions on Wednesday, is similar to Twitter and has been pitched by Meta bosses as a "friendly" alternative.
Twitter's Elon Musk said &
July 6: Ten million users signed up for Meta's newly launched Threads app in its first seven hours, the company's chief Mark Zuckerberg says. He pitched the app as a "friendly" rival to Twitter, which was bought by Elon Musk in October.
Experts say Threads coul
July 4: Facebook owner Meta is launching its new app to rival Twitter and says it will go live on Thursday.
The app, which is called Threads and is available for pre-order on the Apple App Store, will be linked to Instagram.
Screengrabs sho
SAN FRANCISCO, May 13: Tesla and SpaceX CEO Elon Musk announced on Friday that Linda Yaccarino, formerly NBC Universal's top advertising sales executive, will be Twitter's new CEO.
Musk said in a tweet that Yaccarino will focus on business operations and he will focus on
OCT 5: In a letter to the firm, Mr Musk agreed to pay the price he offered months ago before trying to quit the deal.
The surprise reversal comes just weeks before the two sides were due in court.
Twitter, which had sued Mr Musk to force the takeover to move forward, was seen as having the stronger case.
In the letter, attorneys for Mr Musk said he intended to move ahead to complete the transaction, pending receipt of the financing and an end of the legal fight.
A spokesperson for Twitter acknowledged the firm had received the proposal, adding "the intention of the company is to close the transaction at $54.20 per share" - the price that Mr Musk promised in April.
The apparent win for Twitter sent its shares soaring more than 20% to more than $52 apiece. But the value remained lower than the takeover price, in a sign of lingering investor doubts the deal will go through.
Later on Tuesday, Mr Musk wrote in a tweet: "Buying Twitter is an accelerant to creating X, the everything app".
When Mr Musk first revealed plans to buy Twitter in a $44bn deal, he said he wanted to clean up spam accounts on the platform and preserve it as a venue for free speech.
But the billionaire, a prolific Twitter user known for his impulsive style, balked at the purchase just a few weeks later, citing concerns that the number of fake accounts on the platform was higher than Twitter claimed.
Twitter executives denied the accusations, arguing that Mr Musk - the world's richest person with a net worth of more than $220bn - wanted out because he was worried about the price.
The back-and-forth followed a sharp downturn in the value of technology stocks, including Tesla, the electric car company that Mr Musk leads and is the base of much of his fortune.
The fight, which was scheduled to go to trial 17 October, saw the two sides face off in lengthy court filings, private messages and bitter public spats on Twitter, where Mr Musk has more than 100 million followers.
In one such exchange, Mr Musk responded to Twitter boss Parag Agrawal with an emoji for faecal matter.
Preparation for the trial had ensnarled many of the biggest names in tech, as lawyers for the two companies demanded communications about the deal.
Mr Musk, who could have paid a $1bn break-up fee to walk away, was set to be interviewed ahead of the trial this week.
Some industry watchers, who were taken by surprise by the development, questioned whether the latest twist was a concrete offer or a delay tactic.
Elon Musk, Tesla's CEO, said that the company's mobile app was returning to service after a server failure earlier this week prevented many owners from connecting to their vehicles. Musk was reacting to a tweet from a Tesla owner in Seoul, South Korea, who reported he was having trouble connecting his Model 3 to the iOS app due to a "500 server problem."
"It should be back up and running immediately. It appears that we may have enhanced the verbosity of network traffic by accident "Musk stated the following. Functionality should be a priority "Now I'll be back online. It appears that we may have boosted the verbosity of network traffic by mistake ", Musk wrote on Twitter. “Please accept my apologies; we will take steps to guarantee that this does not happen again," he stated.
However, drivers had already expressed their dissatisfaction online, with one tweeting, "I'm trapped an hour away from home because I...
