Gizmodo (January 12)
“Tesla and Twitter CEO Elon Musk has broken the world record for the person to lose the largest amount of personal wealth in history.” After losing an estimated $182 billion since November 2021, Musk has displaced the previous record “set in 2000 by Japanese tech investor Masayoshi Son.” Nevertheless, “Musk still remains the second-richest person in the world, falling right behind LVMH’s CEO Bernard Arnault.”
Tags: $182 billion, Arnault, CEO, History, Japan, Lose, LVMH, Musk, Personal wealth, Richest, Son, Tech investor, Tesla, Twitter, World record
BBC (December 19)
The majority (57%) of votes cast in a poll conducted by Elon Musk were in favor of “Musk standing down as Twitter CEO.” The move “has either spectacularly backfired – if Musk was looking for an ego-boost – or it has been a huge success in getting him off the rather large hook he has found himself caught on since his purchase of Twitter.”
Irish Examiner (December 1)
“Why did Elon Musk purchase Twitter? His official answer — to defend free speech and democracy — is so unconvincing that the question won’t go away. Musk’s repeated appeals to these ideals to justify important decisions he has made since taking over are so confounding that they raise deep suspicions about his motives.”
Tags: Confounding, Decisions, Deep suspicions, Democracy, Free speech, Ideals, Important, Justify, Motives, Musk, Purchase, Twitter, Unconvincing
IR Magazine (November 11)
“It was a bad few weeks for tech companies with the Twitter and Meta layoffs, and then Amazon lost $1 tn in market value….For perspective, that’s almost like losing what Google’s parent Alphabet is worth, which is now around $1.13 tn. The loss makes Amazon the first public company ever to lose $1 tn.”
Tags: $1 tn, Alphabet, Amazon, Bad, Google, Layoffs, Loss, Market value, Meta, Tech companies, Twitter
Quartz (October 22)
“Among American adults, reliance on TikTok for news content has roughly tripled since 2020, rising from 3% to 10% in the past two years. More than a quarter of US adults under 30 now regularly use TikTok for news.” The overall trend is, however, morning the other way as fewer Americans rely “for news on social media, especially Facebook, Twitter, Reddit, and Snapchat” according to recent findings of the Pew Research Center.
Tags: Adults, Facebook, News, Reddit, Rely, Snapchat, Social media, TikTok, Trend, Twitter, U.S., Under 30
LA Times (May 28)
“Trump hasn’t been a victim of bias” as he made out while trying “to take a big, dumb bite out of the Twitter hand that feeds him.” In fact, “he’s been the prime beneficiary of the platforms’ lax and inconsistent enforcement of their terms of service. It’s richly ironic that the president would want to remove liability protections for the platforms that broadcast the damaging rumors and wild conspiracy theories he spreads about his rivals.”
Tags: Beneficiary, Bias, Conspiracy theories, Damaging, Dumb, Enforcement, Inconsistent, Ironic, Lax, Liability, Rivals, Rumors, Trump, Twitter, Victim
New York Times (March 6)
“President Trump had no evidence on Saturday morning when he smeared his predecessor, President Barack Obama…. Just contemplate the recklessness — the sheer indifference to truth and the moral authority of the American presidency — revealed here: one president baselessly charging criminality by another, all in a childish Twitter rampage.”
Tags: Childish, Evidence, Indifference, Moral authority, Obama, Rampage, Recklessness, Smear, Trump, Truth, Twitter, U.S.Baseless
U.S. News & World Report (February 6)
“A report published last year stated that more than 37 percent of workers in Silicon Valley are foreign-born.” Not surprisingly, given that, “a group of nearly 100 tech companies have filed an amicus brief to a federal appeals court voicing concerns over President Donald Trump’s stalled immigration-focused executive order.” Among them were “Google, Apple, GoPro, Facebook, Dropbox, eBay, LinkedIn, Microsoft, Netflix and Twitter.”
Tags: Amicus brief, Apple, Dropbox, EBay, Facebook, Foreigners, Google, GoPro, Immigration, LinkedIn, Microsoft, Netflix, Silicon Valley, Tech companies, Trump, Twitter, U.S.
Wall Street Journal (January 7)
“Does Donald Trump understand business?” He might know real estate and branding, “but the President-elect’s Twitter assaults on auto companies make us wonder if he understands cross-border supply chains, relative business costs, regulatory mandates, or anything else about building and selling modern cars and trucks.”
Tags: Automakers, Branding, Business, Cars, Costs, Cross-border supply chains, Real estate, Regulatory mandates, Trucks, Trump, Twitter
Wall Street Journal (April 14)
“Social media companies quickly are becoming the dominant news providers for many Americans and citizens across the world. The implications of this revolution are significant for how we understand the information ecosystem and our democracy.” Facebook has become far and away the most common source of news in the U.S., followed by Twitter.
Tags: Democracy, Dominant, Facebook, Information ecosystem, News, Revolution, Social media, Twitter, U.S.
