A group of nearly two dozen investors including Sequoia Capital, Andreessen Horowitz, crypto exchange Binance and asset management firm Fidelity has invested over $7.1 billion to back the Tesla and SpaceX chief executive Elon Musk’s $44 billion bid to acquire Twitter. Oracle co-founder Larry Ellison delivered the largest check, at $1 billion, a filing published […]
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Twitter returned to the Digital Content NewFronts this evening to pitch its upcoming premium video content slate to advertisers, as it had in previous years. But this time around, the company is faced with a group of media buyers who are worried about the future of the social network as a “brand-safe” platform for their […]
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The British parliament has invited Elon Musk to “discuss the future of Twitter” because we live in deeply wild times. If Musk agrees to speak to parliamentarians on the Digital, Culture, Media and Sport (DCMS) committee — even virtually — he will be going further than Facebook founder Mark Zuckerberg who (in)famously snubbed repeat calls […]
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The New York Times Company’s first-quarter financial results prove what we’ve all known all along: people really like Wordle. You know the story by now. Josh Wardle made a fun little word game for his partner, shared it with some friends (who happened to be some influential tech people, since Wardle has worked at places like […]
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Twitter Circle, the app’s spin on an Instagram-like “Close Friends” feature, is finally testing. The feature was teased as one of many potential product updates in July, and last month, it cropped up live on the site due to a bug. Now, a small number of users can shitpost to their 150 closest friends as the […]
http://dlvr.it/SPjXjL
Just ahead of its presentation to media ad buyers later this week at the 2022 NewFronts, Twitter acknowledged in a new SEC filing that its core advertising business could now be at risk as a result of the Elon Musk takeover, in addition to employee hiring and retention efforts and other factors. While Musk’s vision for […]
http://dlvr.it/SPj6NT
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