The 2008 financial crisis, one of the biggest financial debacles in history, made Michael Burry a legend. It made him one of the examples to follow in defiance of standard practices in financial circ...
Tag: Social media
FTX collapse hits Winklevoss twins with $900M of their customers’ money frozen
Add the Winklevoss twins to the growing list of crypto evangelists feeling the heat following the multi-billion dollar collapse of the FTX cryptocurrency exchange. Cameron Winklevoss said Monday that ...
Ye deal to buy Parler called off
This illustration photo shows the Parler social network app logo on a cell phone screen with a picture of US rapper Kanye West in the background in Los Angeles, October 17, 2022. Chris Delmas | AFP | ...
Billionaire George Soros Makes a Huge Bet on Alphabet
Concerns surrounding the growth of big tech do not apply to George Soros. The Federal Reserve‘s decision to aggressively raise interest rates to fight inflation, which is at a 40-year high, thre...
Tesla Dangerously Loses Its Luster
In minds and numbers, Tesla remains the star of the automotive industry. The market capitalization of Elon Musk’s group is above $532 billion at last check. Toyota (TM) – Get Free Report...
Elon Musk’s Fortune Is Melting Away
Elon Musk has evolved in a world apart. For more than 10 months he was the only member of the most select financial club on the planet, one that has never welcomed more than two members at the same t...
Trump Media partner DWAC delays Truth Social merger
This illustration photo shows Donald Trump’s new social media app Truth Social’s logo on a smartphone in Los Angeles, February 21, 2022. Chris Delmas | AFP | Getty Images The blank check c...
Twitter’s crypto boss leaves amid mass Musk exodus: Bloomberg
Another Twitter career bites the dust. Tess Rinearson, head of the social media platform’s crypto team, has exited Twitter amid a massive number of both layoffs and employees quitting in the wak...
What We’ll Lose When We Lose Twitter
Elon Musk laughs while Twitter burns, editorial illustration by Rob Salkowitz. Rob Salkowitz/Stable Diffusion Since Elon Musk’s ultimatum to Twitter employees to “go extreme hardcore” or take off ende...
‘#R.I.P Twitter’ Trends As Musk’s Ultimatum To Staff Reportedly Triggers Exodus And Offices Close—Here’s What You Need To Know
Topline Confusion reigns at Twitter as the company closed its offices and hundreds of employees opted to leave rather than sign on to Elon Musk’s demand they work longer hours, the latest in a series ...
Trump Media merger partner loses board member days before meeting
The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022. Dado Ruvic | Reuters A South Florida real estate executive has...
Elon Musk to Twitter 2.0 Employees: Work Long Hours or You’re Fired
Elon Musk sends an ultimatum to Twitter employees. Since his take over of the company, the billionaire CEO has been on a war path with his employees, switching the social media company’s previou...
‘Big Short’ Michael Burry Makes New Bets
Michael Burry has accustomed business circles and the general public to unusual decisions. The legendary investor is accustomed to blows of brilliance. The financier, known for having bet on the col...
Twitter Blue Is Suspended – TheStreet
Despite the massive fanfare from Elon Musk in hopes of generating more revenue, the Twitter Blue option is gone for users who wanted to add a verification option. The option is no longer available in ...
Twitter Facing Dire Problems On Multiple Fronts
Photo by Paul Jeffers/Fairfax Media via Getty Images via Getty Images. Fairfax Media via Getty Images Jack Dorsey, co-founder of TwitterTWTR Inc. must be having a number of very bad hair days. After a...
Elon Musk Wants to Challenge Apple
Elon Musk is a man in a hurry. He wants to move fast. The new boss and owner of the social network Twitter (TWTR) – Get Free Report wants to imprint his mark on the platform, which cost him $...
‘I’m Especially Sorry’ Apologizes Mark Zuckerberg
It took some time but Mark Zuckerberg seems, for the first time, to want to water down the wine of his metaverse-oriented strategy. The CEO of Meta Platforms (META) – Get Free Report, formerly...
Meta Offers Generous Severance Package
The 13% reduction in the staff at Meta Platforms was not a surprise as tech giants have forecasted lower revenue growth as advertising dollars shrink. The CEO of Meta Platforms (META) – Get Fre...
Truth Social merger partner’s stock falls after Trump candidates flop in midterms
This photo illustration shows an image of former President Donald Trump next to a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP ...
Elon Musk Has a Very Bad Surprise for Tesla Shareholders
The fears of Tesla (TSLA) – Get Free Report shareholders and fans are confirmed. Elon Musk, the CEO of the famous manufacturer of premium electric vehicles, is paying a hefty price for his acq...
Tesla Falls Victim to Elon Musk’s Takeover of Twitter
The clouds have gathered over Tesla (TSLA) – Get Free Report. The manufacturer of premium electric vehicles seems to be going through the experience of the abandoned child or that of the darli...
Trump-tied SPAC shares soar 66% as former president hints at 2024 run
The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Shares of Digital World Acquisition Corp., the company set to take Trump...
While building Truth Social, Trump spoke with rivals about competing partnerships
The TRUTH Social website is seen on a mobile device with an image of former US president Donald Trump in the background in this photo illustration in Warsaw, Poland on 23 February, 2022. Nurphoto | Ge...
Elon Musk’s Twitter Hit By Bad News
Elon Musk has taken over Twitter. The billionaire begins to make his mark on the social network, considered the de facto Town square of our time. One of its first major measures is the launch of an ...
With Twitter and OpenSea deal adrift, Magic Eden emerges as key NFT partner
When Twitter debuted its Tweet Tiles NFT pilot program last week, the roster of partners included a who’s who of NFT marketplaces: Magic Eden, Rarible, Dapper Labs and Jump.trade. OpenSea, considered ...
Trump Media deal partner DWAC adjourns shareholder meeting for sixth time
The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022. Dado Ruvic | Reuters Digital World Acquisition Corp., the shel...
Charter CEO Tom Rutlege says ‘pain to come’ as TV gives way to streaming
Charter Communications Chief Executive Officer Tom Rutledge will be stepping down as the company’s CEO on Dec. 1. He will remain as executive chairman until November 2023, when his contract expi...
Bracing For A Recession, Twitter Cutting Costs & Moving To Subscription Based Model
Photo by Bethany Clarke/Getty Images. Getty Images Elon Musk isn’t losing time revamping twitter. One of Musk’s first moves at the company was the firing of four key executives, as well as the dismiss...
Trump Media documents name Parler, Rumble as possible merger partners
The Rumble video platform logo on a laptop computer arranged in Hastings on Hudson, New York, on Saturday, Jan. 23, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Trump Media and Technology Gro...
Ark’s Cathie Wood bets Elon Musk will turn Twitter into a ‘super app’
Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Flo...
Binance was in the dark about Musk’s Twitter U-turn, CEO says
Co-founder and CEO of Binance, Changpeng Zhao, speaks on stage during the opening night of Web Summit 2022. Hugo Amaral | Sopa Images | Lightrocket | Getty Images LISBON, Portugal — The boss of crypto...
Ranking Airlines Based Only On Twitter Comments Is Highly Suspect
Twitter is used overwhelmingly for negative comments, making it a suspect source as a airline … [+] rankings tool. getty There are many ways to rank airlines. Financially, results matter and Wal...