Meta’s Threads Emerges as First Real Threat to Twitter as It Racks Up Over 30 Million Users in 18 Hours

Meta’s Threads Emerges as First Real Threat to Twitter as It Racks Up Over 30 Million Users in 18 Hours

Meta‘s Threads racked up more than 30 million sign-ups within about 18 hours of its launch, emerging as the first real threat to Elon Musk-owned Twitter, as it took advantage of its access to billions of Instagram users and a similar look to that of its rival. Dubbed as the…

Twitter CEO Linda Yaccarino Backs Elon Musk’s Controversial Tweet-Reading Rate Limits: Details

Twitter CEO Linda Yaccarino Backs Elon Musk’s Controversial Tweet-Reading Rate Limits: Details

Twitter CEO Linda Yaccarino on Tuesday tweeted a defense of the temporary cap announced July 1 on the number of tweets users can read in a day, and the company said advertising has been stable in the days since the step that drew heavy criticism from users and marketing professionals….

Draft EU Artificial Intelligence Rules Could Hurt Europe

Draft EU Artificial Intelligence Rules Could Hurt Europe

The proposed EU Artificial Intelligence legislation would jeopardise Europe’s competitiveness and technological sovereignty, according to an open letter signed by more than 160 executives at companies ranging from Renault to Meta. EU lawmakers agreed to a set of draft rules this month where systems like ChatGPT would have to disclose…

EU Industry Chief Defends Draft Rules to Prevent Illegal Access to EU Data

EU Industry Chief Defends Draft Rules to Prevent Illegal Access to EU Data

European Union industry chief Thierry Breton on Thursday defended draft rules aimed at preventing non-EU governments from gaining illegal access to EU data, saying they were not protectionist. The draft Data Act, which Breton proposed early last year, is in the final stage of negotiations between the European Commission, EU…

Tesla’s NACS to Become Important Component for All EVs in Washington State

Tesla’s NACS to Become Important Component for All EVs in Washington State

Washington state plans to require electric vehicle charging companies to include Tesla‘s plug if they want to be part of a state program to electrify highways using federal dollars, an official told Reuters on Thursday. Washington follows the move by Texas to mandate Tesla’s technology, The North American Charging Standard…

Karnataka Government Invites Elon Musk to Set Up Business in State

Karnataka Government Invites Elon Musk to Set Up Business in State

The Karnataka government has extended an invitation to business magnate Elon Musk to set up businesses in the southern state.  Karnataka’s Minister for Commerce and Industries, Infrastructure MB Patil, in a Twitter post, wrote his state Karnataka is the “ideal destination” for Tesla‘s expansion into India. “If Tesla considers setting up a plant in India, Karnataka, with its great potential and capabilities, I must say is The Destination,” he added. “As a progressive state and a thriving hub…

Elon Musk Expects Brain-Chip Startup Neuralink to Start First Human Trial This Year

Elon Musk Expects Brain-Chip Startup Neuralink to Start First Human Trial This Year

Billionaire entrepreneur Elon Musk expects his brain-chip startup Neuralink to start its first human trial this year, he said on Friday in France. Speaking at the VivaTech event in Paris, co-founder Musk said Neuralink plans to implant a tetraplegic or paraplegic patient during a webcast monitored by Reuters. While Musk…

Twitter to Focus on Video, Creator and Commerce Partnerships, Says CEO Yaccarino

Twitter to Focus on Video, Creator and Commerce Partnerships, Says CEO Yaccarino

Twitter plans to focus on video, creator and commerce partnerships to revitalise the social media company’s business beyond digital advertising, according to an investor presentation by owner Elon Musk and new Chief Executive Linda Yaccarino that was reviewed by Reuters. Yaccarino, who started as CEO on June 5, told Twitter…