What happened? Japan-based giant social media tech company, LINE, launched a crypto exchange Bitfront in 2020. It has now shut shop for good. Bitfront, a cryptocurrency exchange launched by Japanese s...
Tag: SocialMedia
Donald Trump’s Social-Media Company Is in Big Trouble
Donald Trump has never hidden his objective in launching Truth Social: to disrupt the hegemony of the giants of Silicon Valley. The former president did not take well to what appeared to be a humilia...
WeWork founder Adam Neumann’s latest venture meets with social-media skepticism
It’s been either an ugly week or a fantastic week for WeWork co-founder Adam Neumann, depending on who’s doing the talking. For Neumann, his new residential real estate company called Flow drew a heft...
Opinion: It is time for Twitter to get as much of Elon Musk’s money as a court will allow
The mercurial Elon Musk finally made it official Friday: He declared in a regulatory filing that he no longer wants to go through with his $44 billion deal to buy Twitter Inc., a deal that the market ...
Opinion: Snap’s warning of a weaker outlook sends ripples through tech stocks
An unexpected warning about the deteriorating economy by Snap Inc. Chief Executive Evan Spiegel rippled through internet and social-media stocks late Monday, potentially ruining the market’s comeback ...
Social-Media Platforms Lay It On Thick
The tech industry hasn’t been shy about coining its own dubious metrics over the years. But lately, even the basic ones aren’t to be trusted. Social-media investors have historically focused on two ke...
Elon Musk Puts More Meat On The Bones In His Bid For Twitter
Photo by Britta Pedersen-Pool/Getty Images. Getty Images The Dow Jones Industrial Average was down 981 points today, but one of the few stocks in the green was Twitter, up 3.9% (+$1.85 to close at $48...
How Much Is Trump’s New Social-Media Company Worth? Traders Can’t Decide
Traders are struggling to place a consistent value on Donald Trump’s new social-media venture, a business that hasn’t offered much in the way of details but one that supporters think is destined to ta...
Brokerage Tempts Social-media Platform To Add Crypto Trading To Its Platform
Well-known social-media support for retail buyers, Stocktwits is including crypto trading in its platform. The Social media platform has taken a cue from brokerages and added crypto trading. At the st...
Opinion: Tesla investors have been the biggest losers in Elon Musk’s Twitter deal, and those losses continue
Twitter users have complained a lot about Elon Musk’s early moves after taking control of the social network, but their complaints seem tiny compared with what Tesla Inc. investors have had to suffer....