Elon Musk Blames Activist Groups Pressurising Advertisers for “Massive” Drop in Twitter’s Revenue

Elon Musk Blames Activist Groups Pressurising Advertisers for “Massive” Drop in Twitter’s Revenue

Twitter’s new owner Elon Musk said on Friday that the social media company had seen a “massive” drop in revenue and blamed activist groups pressuring advertisers. Musk, who took control of the firm last week, said the revenue decline came “even though nothing has changed with content moderation and we…

MoneyGram Will Let US Users Trade, Sell and Buy Crypto on Mobile App

MoneyGram Will Let US Users Trade, Sell and Buy Crypto on Mobile App

MoneyGram International, the global peer-to-peer payments company, has announced the launch of a new service that allows US-based users of its MoneyGram mobile app to buy, sell, and hold cryptocurrencies. Users can now use the MoneyGram app to access Bitcoin, Ethereum, and Litecoin. The company also indicated that it intends…

Twitter India Fires Majority Employees From Engineering, Sales, Communications Teams Under Mass Layoffs

Twitter India Fires Majority Employees From Engineering, Sales, Communications Teams Under Mass Layoffs

Twitter has fired the majority of its over 200 employees in India as part of mass layoffs across the globe ordered by its new owner Elon Musk who is looking to make his $44 billion (nearly Rs. 3,61,600 crore) acquisition work. Sources said the layoffs are across engineering, sales and marketing,…

Volkswagen Follows Audi, General Motors to Halt Paid Advertising on Twitter

Volkswagen Follows Audi, General Motors to Halt Paid Advertising on Twitter

Volkswagen on Friday said it has recommended to its brands to pause paid advertising on Twitter until further notice in the wake of Elon Musk’s takeover of the social media platform. “We are closely monitoring the situation and will decide about next steps depending on its evolvement,” Europe’s top carmaker…

iPhone 14 Reportedly Gets a Discount of Rs. 7,000 at JioMart Offline Stores: All Details

iPhone 14 Reportedly Gets a Discount of Rs. 7,000 at JioMart Offline Stores: All Details

iPhone 14 powered by Apple’s A15 Bionic SoC was launched in India in September during the company’s ‘Far Out’ event. Now, the new Apple handset is available for purchase at a discounted rate in the country via JioMart. The vanilla iPhone 14 was unveiled in India at a starting price…

Disney+ Hotstar November 2022: Brahmāstra, The Guardians of the Galaxy Holiday Special, Disenchanted, and More

Disney+ Hotstar November 2022: Brahmāstra, The Guardians of the Galaxy Holiday Special, Disenchanted, and More

Disney+ Hotstar has announced a list of 47 titles for release on its streaming platform in November 2022. Marvel Studios plans to ignite the Christmas spirit in us, in the form of a TV special, The Guardians of the Galaxy Holiday Special, slated to drop November 25. The special is…

Realme 10 4G Design Revealed Ahead of Launch, Clash White Colour Option Revealed

Realme 10 4G Design Revealed Ahead of Launch, Clash White Colour Option Revealed

Realme 10 4G design has been officially revealed by the company ahead of its upcoming launch next week. The company’s latest 4G smartphone is set to launch in Indonesia on November 9 during a scheduled live event. Ahead of the handset’s debut, the Chinese manufacturer has also confirmed the specifications…

Elon Musk Takeover: Twitter India Said to Start Laying Off Staff as Part of Global Job Cut

Elon Musk Takeover: Twitter India Said to Start Laying Off Staff as Part of Global Job Cut

Twitter has started laying off employees in India as part of a global job cut ordered by the social media platform’s new owner Elon Musk to attain economies of scale and make the $44 billion (nearly Rs. 3,62,100 crore) acquisition viable. The world’s richest businessman Musk began his innings at Twitter…

India’s Smartphone Shipments Decline 11 Percent in Q3 2022; Xiaomi Leads With Highest Market Share: Counterpoint

India’s Smartphone Shipments Decline 11 Percent in Q3 2022; Xiaomi Leads With Highest Market Share: Counterpoint

India’s smartphone shipments have fell down 11 percent YoY in Q3 2022 to reach over 45 million units, according to the latest data by Counterpoint research. Chinese electronics brand Xiaomi secured the top spot among other smartphone brands with a shipment share of 21 percent. Samsung closely followed Xiaomi to…