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Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative
Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative
Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a "heavy debt load," the platform still has a negative cash flow.
2023-07-16 04:53
South Africa Bids to Put Zebra Meat on International Menus
South Africa Bids to Put Zebra Meat on International Menus
South Africa published a strategy document designed to tap the potential of the country’s vast wildlife industry to
2023-11-10 23:57
Bitcoin’s Bounce From Turbulence Sparked by SEC Suits Signals More Gains if History Is Right
Bitcoin’s Bounce From Turbulence Sparked by SEC Suits Signals More Gains if History Is Right
A bout of Bitcoin turbulence caused by US Securities and Exchange Commission lawsuits against key crypto exchanges may
2023-06-07 17:29
UK Vows to Keep 2030 New Petrol Car Sale Ban to Calm EV Industry
UK Vows to Keep 2030 New Petrol Car Sale Ban to Calm EV Industry
The UK government vowed to stick to its ban on the sale of new petrol and diesel cars
2023-07-25 16:48
Bitcoin Plunge Spurs Liquidations as SpaceX’s Token Sale Weighs
Bitcoin Plunge Spurs Liquidations as SpaceX’s Token Sale Weighs
Cryptocurrencies extended declines, sliding with global risk assets as investors price in higher interest rates for longer. A
2023-08-18 12:56
Marvel's Spider-Man 2 Launches Worldwide Only on PlayStation 5
Marvel's Spider-Man 2 Launches Worldwide Only on PlayStation 5
SAN MATEO, Calif.--(BUSINESS WIRE)--Oct 20, 2023--
2023-10-20 21:16
China spy agency's social media debut calls for 'all members of society' to combat espionage
China spy agency's social media debut calls for 'all members of society' to combat espionage
China's highly secretive civilian spy agency has launched a public account on a major social media platform to call on "all members of society" to join its fight against espionage, offering rewards and protection for those who provide information.
2023-08-02 14:59
Spotify will not ban all AI-powered music, says boss of streaming giant
Spotify will not ban all AI-powered music, says boss of streaming giant
The boss of Spotify has said he would not completely ban content generated by artificial intelligence from the music streaming service. Daniel Ek told the BBC he thought there were legitimate use cases for the technology in music, but that it should not be used to impersonate real artists without their consent. He said there were three “buckets” of AI use in music: tools such as auto-tune, which he said was acceptable; software which impersonated artists, which was not; and a more controversial middle ground where AI-generated music was inspired by a specific artist but did not directly mimic them. But he said the issue would likely be debated for “many, many years”. We've seen pretty much everything in the history of Spotify at this point with people trying to game our system Daniel Ek, Spotify “You can imagine someone uploading a song, claiming to be Madonna, even if they’re not. We’ve seen pretty much everything in the history of Spotify at this point with people trying to game our system,” he said. “We have a very large team that is working on exactly these types of issues.” Spotify does not allow content from its platform to be used to train AI models. Last month, Irish singer Hozier said he would consider striking over the threat of AI to the music industry, and a number of other artists have spoken out about their concerns around the use of technology in creating music. Regulators worldwide are stepping up their scrutiny of AI, given its explosion into general use worldwide and fears over its impact on jobs, industry, copyright, the education sector and privacy – among many other areas. The UK will host a safety summit on the potential opportunities and threats posed by AI in November. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-09-26 21:24
US tightens crackdown on crypto with lawsuits against Coinbase, Binance
US tightens crackdown on crypto with lawsuits against Coinbase, Binance
By Jonathan Stempel, Hannah Lang and John McCrank NEW YORK The top U.S. securities regulator sued cryptocurrency platform
2023-06-07 09:46
US man pleads guilty to laundering crypto stolen from Bitfinex hack
US man pleads guilty to laundering crypto stolen from Bitfinex hack
By Luc Cohen WASHINGTON A New York technology entrepreneur pleaded guilty on Thursday to laundering funds stolen from
2023-08-03 23:15
'My lady's in here': A$AP Rocky asks partygoers to 'calm down' after fight breaks out at nightclub in front of pregnant Rihanna
'My lady's in here': A$AP Rocky asks partygoers to 'calm down' after fight breaks out at nightclub in front of pregnant Rihanna
A$AP Rocky ensured people behaved themselves in front of Rihanna
2023-05-23 14:23
Chinese tech giant Alibaba names next CEO
Chinese tech giant Alibaba names next CEO
Chinese tech giant Alibaba said Tuesday it will replace its top boss in a surprise move at the e-commerce titan as it looks to recover from years of slow growth caused weak...
2023-06-20 13:53