Archive for the ‘Elon Musk’ Category

Tucker Carlson Beats BTSAnd Taylor Swift, Elon MuskOn Twitter – Forbes

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Tucker Carlsons video announcement earlier this week he would host a show on Twittertwo weeks after the former controversial Fox News host was ousted by the networkbecame the top-performing post on Twitter for the week, beating out Taylor Swift, Elon Musk and others.

Carlsons tweet Tuesdaywhich reads, Were backhas accumulated more than 194,000 retweets and 891,500 likes as of 2:30 p.m. EST Saturday, the most in either category for the week ending on May 13.

Carlson, who parted ways with Fox News after 14 years, announced the return of his primetime news show on the platform with a video accompanying the tweet, suggesting there are limits to the stories that can be told on TV.

The tweet outperformed K-Pop superstars BTSa photo of member Min Yoon-giwhich totaled over 176,600 retweets and 530,600 likes, though the post has been up for less than 24 hours.

Carlson also beat out Taylor Swift, who periodically posted updates from her Eras Tour, with her most-liked post totaling more than 56,000 retweets and 463,400 likes.

Twitter CEO Elon Musk also fell below Carlson, with a tweet announcing Twitters new CEONBCUniversal executive Linda Yaccarinototaling over 36,100 retweets and 408,000 likes.

1,088,201. Thats how many likes Swift received for a tweet announcing a re-recording of her 2010 album Speak Now, as the top-performing tweet last week.

Despite Carlsons announcement, Musk tweeted the social media platform had not signed a deal of any kind whatsoever with Carlson, adding, Tucker is subject to the same rules & rewards of all content creators.

Carlson, who was promoted to Fox News primetime slot in 2016 after first joining the network in 2009, agreed to part ways with the company late last monththough it has since been confirmed through multiple accounts that he was fired from the network. A text message sent by Carlson to one of his shows producers describing a video of three Trump supporters attacking a personnoting he thought it was dishonorable obviously and that was not how white men fightset off a panic among Foxs leadership, according to the New York Times. Carlson also wrote he was rooting for the mob against the man, hoping theyd hit him harder, kill himI could taste it. The message prompted an investigation by an outside law firm into Carlsons conduct, which resulted in his dismissal from the network. Carlson was previously criticized for promoting white supremacist beliefswhich Carlson suggested was not a real problem in the U.S.causing the Anti-Defamation League to condemn him 2021.

Tucker Carlson Will Launch Show On Twitter (Forbes)

Tucker Carlsons Not How White Men Fight Text Led To Firing, Report Says (Forbes)

Tucker Carlson Suddenly Out At Fox News (Forbes)

I cover breaking news for Forbes. Before Forbes, I worked as a reporter for USA Today in Asheville and Black Mountain, North Carolina.

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Tucker Carlson Beats BTSAnd Taylor Swift, Elon MuskOn Twitter - Forbes

‘Free speech opportunist’ Elon Musk censored tweets in Turkey – Business Insider

Twitter CEO Elon Musk is seen on stage sa he speaks at the POSSIBLE marketing conference, Tuesday, April 18, 2023, in Miami Beach, Fla. AP Photo/Rebecca Blackwell

Elon Musk's reputation as a free speech absolutist took another hit on Saturday after Twitter sided with the Turkish government and censored the accounts of political opponents ahead of a contentious election.

In an announcement posted Friday evening, at approximately 6 a.m. in the country, Twitter's official Global Government Affairs account declared the platform would "restrict access to some content in Turkey" in response to legal requests made of the social media site.

Turkey's presidential election the most closely contested in years, The Washington Post reported is set for May 14.

"The day before a critical election in Turkey, Twitter appears to be acquiescing to the demands of the country's autocratic ruler, Erdogan, and is censoring speech on the platform," California Representative Adam Schiff tweeted in response to the news. "Given Twitter's total lack of transparency, it is hard to avoid the conclusion that Musk's promises of free speech have again fallen away."

Schiff's office did not immediately respond to Insider's request for comment.

The details of the legal request and which specific accounts were targeted were not made public. Still, Dr. Turulcan Elmas, a postdoctoral researcher focusing on social media manipulation at Indiana University Bloomington, told Insider he tracked roughly a half dozen accounts posting content related to the Turkish election that had been suspended.

According to Elmas, accounts chosen for restriction were some the Turkish government has traditionally targeted because they had ties to political opposition or whistleblowers who have been critical of the country's right-wing leader, President Recep Tayyip Erdogan.

One account, that of Kurdish businessman Muhammed Yakut, was among those restricted. Yakut had previously shared information about Erdogan's governmental dealings and alleged the Turkish leader had been involved in the disappearance of his son-in-law, Turkish Minute reported last week.

Yakut had also hinted at sharing background information before the election related to a failed 2016 coup in the country, Turkish Minute reported on Saturday, insinuating that Erdogan and his allies had staged the whole thing.

While Yakut and other political opponents were censored, Elmas noted, one troll account known for impersonating a whistleblower named Ali Yeilda was not removed from Twitter despite impersonation being against the platform's terms of service and the account posting fake nude photos of politicians in Turkey that oppose Erdogan.

The troll account not being banned, Elmas hypothesized, is reason to believe the account may be tied to the Turkish government as a propaganda tool, used to discredit Erdogan's opponents by painting them out to be blackmailing each other.

"The fact that the government didn't censor this account is kind of evidence of a false flag operation," Elmas said.

Elmas told Insider that the four or five targeted accounts restricted on the social media site likely would not impact the election outcome since targeted users could still post content to YouTube and Facebook or use a VPN to avoid an IP-address-based ban.

"I think Twitter takes this path because the government demanded it," Elmas said. "I think they also think that these bans can all be easily circumvented, so blocking accounts isn't impactful, so they can just say yes to the government."

Since his takeover last year, Musk's Twitter has complied with more than 80% of government requests for censorship or surveillance of users, according to a report by the technology publication Rest of World up from a compliance rate of about 50% before his leadership.

Observers were quick to seize on Musk's decision to throttle Twitter accounts at the behest of the Turkish government, which has become more authoritarian since Erdogan took power in 2014, with some Twitter users declaring Musk a "free speech opportunist" in response to the news.

Musk, who has touted the social platform as a public town square, did not take kindly to the criticism.

"The Turkish government asked Twitter to censor its opponents right before an election and @elonmusk complied," Matt Yglesias, a Bloomberg columnist, tweeted on Saturday, prompting Musk to fire back in defense of his decision.

"Did your brain fall out of your head, Yglesias?" Musk replied. "The choice is have Twitter throttled in its entirety or limit access to some tweets. Which one do you want?"

Jimmy Wales, the founder of Wikipedia, chimed in on the thread, saying: "What Wikipedia did: we stood strong for our principles and fought to the Supreme Court of Turkey and won. This is what it means to treat freedom of expression as a principle rather than a slogan."

Wikipedia was banned in Turkey from 2017 to 2020 over an article about state-sponsored terrorism, where the country was described as a sponsor of the Islamic State and Al-Qaeda terrorist groups. After a lengthy legal battle escalated to the country's highest court, the Turkish block of Wikipedia was lifted in January 2020.

Defenders of Musk were quick to label Wales' comparison to Wikipedia as a false equivalency because the encyclopedia site operates as a nonprofit, while Twitter is a for-profit business to which Wales responded: "If Elon is now saying "We don't care about freedom of expression if it interferes with making money" then he should just say that."

Twitter's decision to throttle access to accounts from Turkey comes as Musk's business ties to the country have solidified following increasing communication between Erdogan and Musk, Elmas noted, based on news coverage of their interactions.

The pair first met in 2017, Forbes reported, before sitting down in 2021 to discuss lithium batteries for electric vehicles and launching satellites. That year, Turkey signed its deal with SpaceX to launch its domestically produced communications satellite, Trksat 6A. In 2022, per Forbes, Musk and Erdogan shook hands at the World Cup.

Last month, after years of delays, Turkey's first domestic and national observation satellite was launched into space with the help of a Falcon 9 rocket created by Musk's company, SpaceX, local news outlet Trkiye Newspaper reported.While the deal's financial details remain unclear, Space.com noted that a single Falcon 9 rocket flight costs roughly $62 million.

In February, Musk and Erdogan were also in contact after Turkey declined Musk's offer to activate Starlink capabilitiesin the region after a deadly earthquake rattled the country and left more than 40,000 people dead. The country's communications systems were not disrupted to the point of needing the Starlink system, Insider previously reported.

Twitterwas blocked in the region for about 12 hours following the earthquake, Scientific American reported, amid Turkey's concerns of disinformation circulating on the platform. However, the outage may have hampered the initial emergency response.

"I'm sure this is just a coincidence," users on Twitter posted, some sarcastically,circulating news of Musk's business dealings with Turkey. In contrast, others argued his ties with the authoritarian country were evidence that the self-styled free speech icon "may not be cheap, but he is for sale."

Musk and representatives for Twitter, SpaceX, and the Republic of Turkey did not immediately respond to Insider's requests for comment.

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'Free speech opportunist' Elon Musk censored tweets in Turkey - Business Insider

Elon Musk Dismisses Warren Buffett’s ‘Kindly Grandfather’ Image As Overrated – Yahoo Finance

Tesla Inc. CEO Elon Musk has never been one to hold back his opinions, even when it comes to legendary investor and Berkshire Hathaway Inc. founder Warren Buffett.

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In a candid 2020 interview with The New York Times, Musk didnt mince words when he discussed Buffetts image. He has managed to create a great image for himself as a kindly grandfather, which is maybe overstating the case, Musk said.

Of course, Buffett is known for his folksy charm, humble lifestyle and long-term investment approach, which has made him a beloved figure among many investors. His philanthropic efforts have made him one of the most generous donors in history. But to Musk, the 92-year-old Oracle of Omaha might be a bit overrated.

Despite his grandfatherly demeanor, Buffett is no pushover in the business world. Hes made his fortune by being a savvy and sometimes ruthless investor. During the financial crisis, he lent money to struggling companies like Goldman Sachs and General Electric Co. at interest rates that some critics deemed usurious.

It wasnt the first time Musk criticized Buffett. In 2018, Musk dismissed Buffetts famous idea of economic moats as lame. The comment caused a huge stir in the business world. After all, Buffett is known for investing in companies with strong competitive advantages that help keep rivals at bay. These advantages are often referred to as economic moats. Buffett obviously doesnt think moats are lame because he has made a fortune from them.

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Musk also said that allocating capital among Berkshire Hathaways various businesses seemed like a kind of a boring job and admitted he wasnt Buffett's "biggest fan."

Despite their past verbal sparring, it appears that Musk and Buffett may be burying the hatchet. At the recent Berkshire Hathaway shareholder meeting, Buffett had nothing but praise for Musk, calling him a brilliant guy with a strong vision for the future. He dreams about things, and his dreams have got a foundation, Buffett said.

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Musk responded to Buffetts kind words with a gracious tweet, thanking the legendary investor and his business partner Charlie Munger. Appreciate the kind words from Warren & Charlie, he wrote.

While there may still be some lingering tension between the two billionaires, its clear that they both have a deep respect for each others business acumen. As Buffett once said, Someones sitting in the shade today because someone planted a tree a long time ago.

Warren Buffett and Elon Musk have become some of the biggest names in finance. But they, like many others, started out with an idea, built a startup and scaled. The next generation of business leaders are currently building startups across the country. While previously, investing in the early stages of pre-IPO Tesla and Berkshire Hathaway were only open to accredited investors, thanks to changes in federal law, that's all changing.

Now anyone can invest in pre-IPO companies on platforms like StartEngine and Wefunder. There's hundreds of startups currently open for investment, including investing in StartEngine itself.

See more on startup investing from Benzinga.

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This article Elon Musk Dismisses Warren Buffett's 'Kindly Grandfather' Image As Overrated originally appeared on Benzinga.com

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2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Elon Musk Dismisses Warren Buffett's 'Kindly Grandfather' Image As Overrated - Yahoo Finance

Twitter to launch encrypted direct messages with voice and video chat to follow, Elon Musk says – CNBC

Twitter CEO Elon Musk announced changes to the platform's direct messages feature including the introduction of encryption.

STR | Nurphoto | Getty Images

Twitter could launch encrypted direct messages on Wednesday, Elon Musk said, as the CEO outlined plans to boost communication features on the social media service.

Musk said in a tweet late Tuesday that the latest version of the Twitter app contains changes to direct messages or DMs nonpublic messages users send to one another.

The CEO said users can now reply to any message in a DM thread, not just the most recent, as well as use any emoji to react to a message. Previously, users would only be able to reply to the latest message in a DM thread and only react with specific emojis.

Musk also announced that encrypted DMs "should" be released on Wednesday.

Encryption in messages means that only the sender and receiver are able to see a message. In theory, Twitter and Musk would not be able to see or intercept direct messages between people.

"The acid test is that I could not see your DMs even if there was a gun to my head," Musk tweeted.

Facebook parent Meta said in January that it was expanding testing for default end-to-end encryption for its Messenger service. WhatsApp, the other messaging app owned by Meta, has had end-to-end encryption for several years.

Encrypted messaging services have grown in popularity in the past few years as users focus more on privacy.

Musk also said that voice and video calls will be added soon to Twitter so users can "talk to people anywhere in the world" without giving them a phone number.

Since Twitter's inception, the development of the direct messages feature hasn't got much attention from previous CEOs. But Musk has signaled numerous times his intention to make Twitter into an "everything app" from messaging to financial services.

New Twitter features Musk promises are not always introduced on time. In February, he said Twitter would introduce a feature to share advertising revenue with creators on the platform. That hasn't happened yet.

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Twitter to launch encrypted direct messages with voice and video chat to follow, Elon Musk says - CNBC

Elon Musk’s bid to end tweet pre-approval faces skeptical court – Reuters

May 11 (Reuters) - A federal appeals court on Thursday questioned Elon Musk's bid to end an agreement that he made to get a Tesla Inc (TSLA.O) lawyer's preapproval of some of his tweets, with judges pointing out that he agreed to it as part of a 2018 deal with the U.S. Securities and Exchange Commission.

Musk's attorney Ellyde Thompson told the 2nd U.S. Circuit Court of Appeals in Manhattan that while the Tesla chief executive thought the settlement would "buy peace" with the SEC, the agency's recent attempts to enforce the tweet vetting provision have discouraged him from exercising his right to free speech.

The settlement resolved a lawsuit accusing Musk of defrauding investors with a Aug. 7, 2018 tweet that he had "funding secured" to take his electric car company private, though a buyout was not close.

Musk has said the tweet was truthful, but a federal judge in San Francisco ruled it was false in a securities fraud lawsuit filed by shareholders. Musk was found not liable in February at a trial where he took the stand.

U.S. District Judges Reena Raggi and Debra Ann Livingston said during oral arguments that Musk could have foreseen the SEC seeking to enforce the agreement when he entered it.

"He agreed to this in order to avoid the penalties that the SEC could have imposed," Raggi said.

In settling, Musk agreed to let a Tesla lawyer screen tweets that might contain material information about the company.

He and Tesla each also paid $20 million in civil fines, and Musk gave up his role as Tesla chairman.

Musk is now asking the 2nd Circuit to overturn part of U.S. District Judge Lewis Liman's 2022 decision rejecting his bid to end the deal.

Liman said Musk's arguments amounted to a "bemoaning" of requirements he no longer wanted to adhere to now that "his company has become, in his estimation, all but invincible."

Musk's lawyers have called the pre-approval mandate a "government-imposed muzzle" that inhibited and chilled his lawful speech on a broad range of topics.

SEC attorney Jeffrey Berger said during the hearing on Thursday that the agency is not vetting Musk's tweets, and that the settlement was voluntary.

"There is no government censor here," he said.

The case is Musk v SEC, 2nd U.S. Circuit Court of Appeals, No. 22-1291.

Reporting by Jody Godoy in California; Editing by David Gregorio

Our Standards: The Thomson Reuters Trust Principles.

Thomson Reuters

Jody Godoy reports on banking and securities law. Reach her at jody.godoy@thomsonreuters.com

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Elon Musk's bid to end tweet pre-approval faces skeptical court - Reuters