Elon Musk says Donald Trump will be welcomed back to Twitter once he takes ownership of the social media platform later this year. Speaking at a Financial Times conference on Tuesday, Musk described Twitter’s decision to permanently ban Trump as “morally bad” and “foolish in the extreme.” “I do think it was not correct to ban Donald Trump. I think that was a mistake,” Musk said. “It alienated a large part of the country, and did not ultimately result in Donald Trump not having a voice.” Advertisement Related Video Instead, Musk argued, by banning Trump, Twitter risked creating a “frankly worse” forum, where disagreeing voices never have an opportunity to engage. In fact, Musk said he will likely lift all permanent bans on Twitter, and instead issue temporary suspensions or hide individual ...
Finney was also the first person to publicly run Bitcoin (BTC), going down in the annals of crypto Twitter history with a famous tweet that often resurfaces: Raise a glass to the world’s first Bitcoiner today. Hal Finney, the first person to receive a Bitcoin transaction from none other than Satoshi Nakamoto would have celebrated his birthday today. Running bitcoin — halfin (@halfin) January 11, 2009 On Bitcointalk.org, Hal Finney explained that when Satoshi first released the software, he “grabbed it right away.” “I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test.” The wallet address for the 10 Bitcoin transaction tells a story: surging to 10 ...
Elon Musk may be worth $246 billion, but he still took out loans to finance his $44 billion purchase of Twitter. In order to secure the cash, Reuters reports the mogul pitched banks a multitude of strategies to cut costs and make more money for Twitter, including reducing executive salaries and charging a fee for embedding and quoting tweets. Musk secured $13 billion in loans against Twitter and a $12.5 billion margin loan tied to his Tesla stock. In his proposal to lenders, the businessman argued that Twitter has a lot of room to make more money, pointing to a gross margin that ranks much lower than competitors like Facebook and Pinterest. In order to play catch up, Musk proposed profiting off of Twitter’s penchant for spreading both viral memes and important information by charging third...
Roger Ver, an early investor and ardent promoter of Bitcoin (BTC) which earned him the moniker “Bitcoin Jesus” has resurfaced on Twitter after a year and backed Dogecoin (DOGE) in an interview, preferring it for payments over the world’s first crypto. In an interview with Bloomberg, the Bitcoin.com founder said how he was a fan of the memecoin due to its fast transaction times and low fees: “Dogecoin is significantly better, it’s cheaper and more reliable [than Bitcoin]. If I had to pick three contenders for the world’s dominant cryptocurrency, they would be Doge, Litecoin and Bitcoin Cash.” Ver also took time in the interview to voice his support for honorary Dogecoin CEO Elon Musk’s Twitter takeover. “It’ll certainly make Twitter more attractive,” said Ver. “I am really, really grateful ...
Twitter has acknowledged mass deactivations following Elon Musk’s purchase of the company. A representative for Twitter told NBC News that the trend was an “organic” occurrence among users. The drop-off has been most pronounced in large accounts. Barack Obama, the most-followed user on Twitter, shed more than 300,000 followers after Monday’s news. Katy Perry, Twitter’s third-most popular account, lost more than 200,000 followers. So are hundreds of thousands of people all singing “Bye, Bye, Birdie?” Not necessarily. To start, conservative accounts are experiencing a surge in new followers, mostly from freshly-created accounts. Rep. Marjorie Taylor Greene gained over 100,000 new follows, while far-right Brazilian President Jair Bolsonaro added 90,000 of his own. Advertisement Rela...
Twitter saw mass “organic” deactivations and huge fluctuations in follower numbers for some of the platform’s highest-profile users in the days after Elon Musk agreed to a $44 billion takeover deal of the social media giant. According to an NBC News report published Tuesday, the follower numbers for some of Twitter’s most-followed accounts, including former President Barack Obama, singers Katy Perry and Taylor Swift all dropped by hundreds of thousands. Obama, who is Twitter’s most-followed user with 131.7 million followers, saw his follower count fall by 300,000 since Monday. Perry, who has 108.8 million followers, lost 200,000. Explore Explore See latest videos, charts and news See latest videos, charts and news Twitter routinely purges the platform of bots and fake accounts which can le...