TOKYO--(BUSINESS WIRE)--May 21, 2023--

Coinbase Global Inc. gains as much as 13% on Tuesday, trading at its highest intraday level since August

By Foo Yun Chee BRUSSELS Microsoft has won EU antitrust approval for its $69 billion Activision takeover, which

Australian Pacific Coal Ltd. and its joint venture partner have agreed terms for $60 million funding from Vitol

The only way to double jump in Fortnite is to use a Lightsaber Ahsoka Tano grants after a session of Jedi Training.

Jack Dorsey has said it is “critical to preserve the open internet” after Twitter owner Elon Musk announced controversial new “rate limits” for viewing tweets on the social media platform. The Twitter co-founder and former chief said “running Twitter is hard” after widespread backlash against Mr Musk’s temporary limits on the number of tweets people can read on the microblogging site. He, however, expressed hopes that the platform would build on “censorship-resistant open protocols” that would be “good for all, and critical to preserve the open internet”. Thousands of Twitter users took to the platform to report problems with the site over the weekend, with complaints of inability in retrieving tweets, missing timelines and disappearing followers. Reports of outages began flooding Down Detector, peaking on Sunday and extending to Monday. The backlash started after Twitter declared on Saturday that verified accounts were being limited to reading 6,000 posts a day. Mr Musk later said “rate limits” were increasing to “8,000 for verified, 800 for unverified & 400 for new unverified”. He reasoned that the limits were being imposed to “address extreme levels of data scraping & system manipulation”. Many users expressed their frustration with the new move as they got a notification that said, “Sorry, you are rate limited. Please wait a few moments then try again”. Industry experts were also baffled at such a move by a social media company to put people off its platform, especially as Twitter has battled with retaining advertisers on the platform ever since Mr Musk took over last November. “Never have I seen a social network try so hard to put people off using a platform and to completely curtail any potential future for its business,” Matt Navarra, a social media consultant and industry analyst told PA, adding that the move was “yet another crazy decision by Elon Musk”. Jasmine Enberg, principal analyst at Insider Intelligence, said the new move could be “catastrophic” for Twitter’s ad business, that has already reeled from dwindling revenues. The company even roped in former NBCUniversal advertising executive Linda Yaccarino to be its new chief to repair relationships with advertisers who pulled away from the platform. The latest “reading limits”, according to Lou Paskalis, the founder of advertising consultancy AJL Advisory, “signals to the marketplace that he’s not capable of empowering her to save him from himself”. Mr Dorsey acknowledged that running Twitter was “hard”, adding that he trusted the team was “doing their best under the constraints they have”. “It’s easy to critique the decisions from afar... which I’m guilty of... but I know the goal is to see Twitter thrive. It will,” he said. It remains unclear how long the restrictions will last, as thousands continue to report about outages on the platform. Twitter did not reply to requests for comment as it had earlier this year changed its policy for interacting with reporters. Read More Twitter limits number of tweets people can read in a day, Elon Musk announces Pete Buttigieg blames severe weather for Fourth of July travel chaos Explosive devices and ‘Molotov cocktail-style object’ detonated in Washington DC Twitter limits number of tweets people can read in a day Heart transplant woman’s daughter twice saved her life using Alexa iPhone users urged to check their photo library amid fears they could be deleted

Since 2020, TikTok creators have been able to monetize their content through the Creator Fund,

Mark Zuckerberg’s Threads app has become the leading Twitter competitor within hours of launching, attracting three times as many users as all other rivals combined. Parent company Meta, which also controls Facebook and Instagram, saw 22 million people sign up to its latest app offering within 12 hours of releasing it on Thursday. The text-based social media app is designed to offer an alternative to Twitter, which has been blighted with issues and controversies since Elon Musk took it over last year. Other Twitter rivals, including Donald Trump’s Truth Social, are yet to reach a critical mass to make them serious contenders in the space. The former US president’s app has around 2 million monthly active users, while Bluesky, Mastodon, Parler and Tribel have an estimated 4.5 million users combined. It took Twitter roughly three years to reach the number of users that Threads achieved in its first day, however Mr Musk’s app still has more than 10-times the number of active users. Thread’s user growth puts it in line to become the fastest growing app of all time, with no other launch seeing as many users sign up in a single day. Early adopters of Threads include singer Jennifer Lopez, NFL star Tom Brady and adventurer Bear Grylls. Despite this success, it remains a long way off the number of Twitter users, which had an estimated 330 million monthly active users in the first half of the year. It is unclear how many of the new Threads users were already Twitter users, and whether they will make the switch permanently if they were regular users of Mr Musk’s platform. Some analysts believe Threads could potentially become the most popular text-based social media app, given that it arrives at a time of growing dissatisfaction with Twitter among some users. “Threads looks set to be the Twitter killer, and comes at the worst possible time for Elon Musk’s doomed social network,” said Drew Benvie, chief executive of consultancy firm Battenhall. “The long anticipated alternative to Twitter will offer Instagram’s two billion users a more reliable and useful way of using social media that Twitter used to do so well. But with Twitter becoming more unreliable, costly and unsafe than ever, I expect users will vote with their fingers.” Read More Threads: What is it, can it rival Twitter and what are the risks? Watch live: Robots take part in UN discussion on AI in healthcare Threads: What it’s like to use Instagram’s new Twitter rival Meta’s new Twitter rival app Threads gets over 10 million sign-ups

MUNICH--(BUSINESS WIRE)--Aug 22, 2023--

In one of his recent Instagram posts, MrBeast did a competition to see which is easier to set up, a physical shop or an online one

Chinese smartphone shipments fell 2.1% in the second quarter, extending a market decline that may persist throughout 2023,

BERLIN--(BUSINESS WIRE)--Aug 29, 2023--