Musk

Share to Twitter Share to Linkedin Twitter will begin to share ad revenue with users, according to a tweet from CEO Elon Musk on Friday morning . Creators will get paid for ads that appear in their threads, though it’s not clear yet what kind of percentage will be handed out. The new revenue sharing program only applies to users who have subscribed to the platform’s $8 per month subscription service, Twitter Blue, according to Musk. And any users who got their blue checkmark before Musk’s takeover will not be eligible. “Twitter’s legacy Blue Verified is unfortunately deeply corrupted, so will sunset in a few months,” Musk tweeted in response to questions . Details haven’t been released about the new program, but Musk tweeted that it will start today. And you can bet plenty of creators are anxious to learn what kind of cut they’ll make. YouTube gives creators a 55% cut on revenue, while TikTok splits revenue 50/50 with its creators. YouTube … [Read more...] about Elon Musk Announces Ad Revenue Sharing For Creators On Twitter

Share to Twitter Share to Linkedin Topline Tesla CEO Elon Musk was found not liable Friday of defrauding a group of Tesla investors who claimed to lose billions of dollars as a result of a 2018 tweet that suggested he was taking Tesla private, according to multiple reports , following a high-profile trial where Musk took the stand to defend himself. Key Facts The August 7, 2018 tweet that prompted the lawsuit said: “Am considering taking Tesla private at $420. Funding secured.” The investors argued Musk’s tweet was insincere and resulted in them losing money since Tesla’s stock quickly rose following the tweet before dropping when it became clear the company was not becoming private. Musk testified last month he thought he was “doing the right thing” by sending the tweet, claiming he wanted to alert all investors that he believed a buyout deal from the Saudi Arabian sovereign wealth fund was certain, even though no agreement had been … [Read more...] about Elon Musk Found Not Liable In Trial Over Tesla Privatization Tweet

Sy-backed Data Lake Inc. and SpaceX’s Starlink—owned by tech mogul Elon Musk—are set to offer satellite-based internet services in the country by the first quarter after facing delays. In a statement on Friday, the local data company owned by businessmen Henry Sy Jr. and Anthony Almeda said they had met with President Ferdinand Marcos Jr. to tackle the expedited entry of the SpaceX unit as an internet service provider (ISP) in the country. “We are excited to finally introduce Starlink to the Philippine market by first quarter of 2023. The high speed, low latency broadband internet service through the use of satellites will be game changing in connecting our 7,640 islands to the rest of the world,” said Almeda, Data Lake vice chair and CEO. Starlink faced delays in the production and deployment of its low earth orbit satellites, prompting to push its entry in the country to this year from the initial plan of December 2022. Last year, Data Lake inked an agreement with SpaceX, … [Read more...] about Sy, Musk venture to finally offer internet services in PH by March

Share to Twitter Share to Linkedin Interior dash view of Tesla's Model 3 sedan at the company's store in Washington, D.C. Salwan Georges/The Washington Post via Getty Images Elon Musk wowed millions of people who watched the livestream of a flawless first launch of SpaceX’s Falcon Heavy rocket , which carried a Tesla roadster into space, capped by the elegant, simultaneous landing of two boosters. Musk’s euphoria was undiminished as he shifted gears on Wednesday to Tesla, pointing to a silver lining for the high-flying carmaker that capped a year of big losses and production headaches for its critical Model 3 sedan. The company reported a whopping $675.4 million net loss for the final quarter of 2017 and a $1.96 billion deficit for the year, the most ever on both counts. Loss per share was $4.01 on a GAAP basis, or $3.04 per share excluding some items. That was better than consensus estimates for adjusted EPS losses of $3.10 to $3.19, and … [Read more...] about Tesla’s $675 Million Loss Pulls Elon Musk Back To Earth After Stellar SpaceX Launch

Share to Twitter Share to Linkedin A future customer sits in a Tesla vehicle during a visit to a Tesla showroom in Beijing on July 4, ... [+] 2018. WANG ZHAO/AFP/Getty Images Fresh off hitting an elusive production target for the Model 3 electric sedan—and a weekend offer to help rescue the young soccer players trapped in a Thai cave—Tesla CEO Elon Musk popped up in Shanghai to unveil plans for his long-held goal of a massive Chinese plant. What wasn't mentioned was how Tesla will cover the facility’s multibillion-dollar price tag. Dubbed Gigafactory 3, the project envisioned for the Shanghai Lingang industrial zone will be able to build 500,000 electric Teslas a year, as well as all the batteries and motors they’ll need, according to a city government statement provided by Tesla. The plant, which Shanghai said would be the largest foreign-backed industrial project in its history, could also cost as much as $5 billion, according to Robert … [Read more...] about How Is Musk Going To Pay For Tesla’s Chinese Gigafactory?

Share to Twitter Share to Linkedin Tesla CEO Elon Musk speaks at a ceremony in Dubai on February 13, 2017. (KARIM SAHIB/AFP/Getty ... [+] Images) Fresh off Tesla becoming the most valuable U.S. automaker by market capitalization this week (at least for a day or so), the company’s restless CEO Elon Musk is firming up plans to electrify the truck market. Taking to Twitter, his preferred form of communication, Musk said that Tesla will show off a concept version of a semi truck in September. On top of that, a Tesla pickup is also in the works and will be unveiled “in 18 to 24 months,” he said. Both projects have been discussed in the past , though little information on them has come out recently. “Team has done an amazing job,” with regard to its concept for the Tesla Semi, Musk tweeted. “Seriously next level.” No doubt he and other Tesla executives will have more to say on the topic on May 3, when the company is to release … [Read more...] about If You Think The World Needs Tesla Semis And Pickups, Elon Musk Has Good News

Share to Twitter Share to Linkedin Topline After refusing to write a poem about Trump’s positive attributes—then proceeding to write one about Biden’s—accusations about ChatGPT’s possible political bias went viral, but not all experts agree on how serious the problem may be for OpenAI. Key Facts On Wednesday, a Twitter user posted screenshots of him asking OpenAI’s chatbot, ChatGPT, to write a positive poem about former President Donald Trump, to which the chatbot declined, citing it’s not programmed to create “partisan, biased or political” content. When fed the same prompt about President Joe Biden, ChatGPT spit out a multiple stanza poem painting Biden in a positive light, calling him a “leader with a heart so true,”— and prompted a fiery discussion about whether the chatbot is biased and if its responses for other prompts can be trusted. Some users shared screenshots of successful attempts at getting ChatGPT to write a positive poem … [Read more...] about Is ChatGPT Partisan? Poems About Trump And Biden Raise Questions About The AI Bot’s Bias—Here’s What Experts Think

Share to Twitter Share to Linkedin Topline Twitter will start to charge for access to their free API, the company’s Developer account announced this week, which means third-party software developers who access Twitter’s API data to promote their own projects, like bots on the app, will only have access through a “paid basic tier,” beginning February 9. Key Facts Twitter’s API, or Application Programming Interface, allows software developers to directly engage with and use Twitter’s data for ad campaigns, creating targeting criteria and pulling trend analytics, according to Twitter’s developer platform. With the new policy, developers who use Twitter’s API will either have to pay to access the information or stop their projects altogether, which will impact hundreds of thousands of users who use the tools to build engagement on their own platforms. The announcement received backlash from software developers that create bots on the app, … [Read more...] about Twitter Ends Its Free API: Here’s Who Will Be Affected

Share to Twitter Share to Linkedin Topline Identity management company Okta announced plans on Thursday to lay off roughly 300 employees, one day after FedEx, DraftKings, cloud data company NetApp and automaker Rivian all announced major rounds of layoffs—the latest U.S. companies to implement job cuts as recession fears continue into 2023. Timeline February 2 Okta CEO Todd McKinnon unveiled plans to reduce the tech company’s workforce by 5% (roughly 300 positions) in a Securities and Exchange Commission filing on Thursday, citing a period of over-hiring over the past several years that did not account for the “macroeconomic reality we’re in today.” February 1 NetApp , a San Jose, California-based cloud data company, announced plans in an SEC filing to lay off 8% of its staff ( estimated to affect 960 employees) by the end of the fourth fiscal quarter of 2023 “in light of the macroeconomic challenges and reduced spending environment.” … [Read more...] about 2023 Layoffs: Okta Slashes 300 Jobs As DraftKings, FedEx Cut Staff

Share to Twitter Share to Linkedin There used to be a commercial for a new microwave where, as the pitchmen described its benefits, a skeptical man in the front row kept mumbling, “But does it brown the food?” I often feel like that when observing discussions about the transition to electric vehicles, because so much verbiage sounds like pitchmen extolling a product while avoiding the critical issue: will consumers prefer them in place of conventional vehicles? The next several posts will address this question in some detail; this post will try to identify the factors that are not important or exaggerated in discussions of the issue. The first lesson should be that the past failure of electric vehicles to be adopted does not prove that the technology isn’t viable now, but should raise skepticism about claims from advocates, many of whom also gushed about the previous effort to promote electric vehicles in the 1990s. Those were spurred on by the California … [Read more...] about Some Realism About The Transition To Electric Vehicles