Facebook CEO Mark Zuckerberg’s digital Metaverse is set to lose “significant” amounts of money for the next three to five years according to statements at a recent shareholder meeting. The announcement comes as Facebook faces significant headwinds, including a recently announced hiring freeze across multiple divisions.
Shares of Elon Musk’s Tesla have hit an 11-month low, dropping 49 percent since November, with reports that many investors are becoming concerned with the company and its flamboyant CEO.
Social media giant Twitter has agreed to pay $150 million in civil penalties to settle a complaint that the site profited from deceptively collecting user data for six years. Twitter used phone numbers and email addresses it told users it was collecting for account security purposes to sell targeted ads.
Leaked documents reportedly show that Amazon employees are quitting at twice the rate of recent years due to low pay and increased competition. The documents show that “regretted” attrition, the loss of employees that Amazon wanted to keep, has reached more than 12 percent, or double the recent average.
The allegedly “privacy-focused” search engine DuckDuckGo may not be as private as it claims, according to a recent report. According to researchers and eventually the CEO’s own admission, the site doesn’t block trackers from Microsoft, who provides much of the site’s search content.
Social media giant Snapchat suffered a huge 43 percent drop in its stock price on Tuesday after the company’s CEO warned of a continually deteriorating online digital advertising environment.
Lodging rental company Airbnb, which has been a stalwart supporter of Communist China and a sponsor of the Genocide Games, is reportedly set to close its business in China, according to multiple sources. The woke Silicon Valley giant was already facing fierce competition from local companies, and its business has reportedly become more difficult to run during the coronavirus pandemic.
Elon Musk has defended himself from recent allegations of sexual harassment against a flight attendant, claiming that he does not have flight attendants on his private jet, where he stocks “only fruit & nuts.”
The Washington D.C. attorney general is suing Facebook CEO Mark Zuckerberg over the social media giant’s misleading privacy policies and failure to protect user data.
Tesla and SpaceX CEO Elon Musk suggested recently that his $44 billion Twitter buyout offer may be cut in proportion to the real number of bots on the platform. Musk continues to express doubt about the platform’s outlandish claims of bots making up only five percent of its userbase.
Firefighters in Vancouver, Canada, are investigating a car fire involving a Tesla after an electrical malfunction caused the vehicle doors to lock shut, trapping the driver inside as smoke began pouring in through vents. The driver kicked out a window to escape from Elon Musk’s electric vehicle.
In recent months, NFTs (non-fungible tokens) have become increasingly popular with many celebrities promoting their own NFTs. Now, many fans who invested in digital tokens promoted by their favorite stars are financially “crippled.” One investor believes that celebrities “took their payouts and moved on while everybody who scraped by to invest in their futures got robbed.”
A new report has revealed that iPhones are vulnerable to malware attacks even when they’re turned off.
A Facebook executive reportedly told employees recently that they are prohibited from discussing abortion on Workplace, Facebook’s internal work chat platform.
Following Tesla CEO Elon Musk’s recent statement that he would begin voting Republican, former President Donald Trump took to Truth Social to give him both barrels. Trump posted to his platform that Musk’s change of heart is likely due to “all of his problems with a probably illegal purchase of a crummy phony account loaded company, Fake Twitter.”
Twitter recently announced a new policy to prevent alleged “misinformation,” stating that tweets containing what it considers false information during an active crisis will be hidden on the platform.
Tesla and SpaceX CEO Elon Musk was recently accused by a Business Insider report of exposing himself to a SpaceX flight attendant and propositioning her for sex in 2016. Musk has vigorously denied the allegations, which he calls “wild” and “utterly untrue,” and applied the mocking label of “Elongate” to the situation.
Facebook (now known as Meta) is reportedly pulling back on investments in a number of products and freezing hiring across a variety of divisions.
The National Highway Traffic Safety Administration (NHTSA) has launched a probe into yet another fatal car crash involving Tesla’s Autopilot “full self-driving” system. The latest Tesla crash under federal investigation resulted in three fatalities.
New York State has reportedly filed a lawsuit against Amazon accusing the e-commerce giant of discriminating against pregnant women and disabled workers.
Apple has reversed course on its plans to return to normal operations and has suspended requirements that employees return to the office this month for at least three days a week. The U-turn comes after woke employees called the mandate to return to the office a racist move designed to make the company “younger, whiter, and male-dominated.”
A recent report reveals that a lobbying group funded by Facebook has been planting stories in newspapers across the United States in an effort to manipulate the media and fight big tech regulation.
James O’Keefe’s investigative journalism group Project Veritas recently published undercover footage of a Twitter employee admitting that the platform’s woke “ideology” is why the company is not profitable. The employee also mocked Elon Musk as “special needs” for having Asperger’s syndrome.
Tesla CEO Elon Musk recently added to speculation that he may be attempting to acquire Twitter at a lower price while speaking in Miami, stating that a viable deal for less money is not “out of the question.”
Tesla CEO Elon Musk continues to stall his acquisition of the social media platform Twitter, claiming that he cannot move forward until the number of bot accounts on the platform is clarified. Musk said in a tweet to the platform that his offer was based on “Twitter’s SEC filings being accurate,” and that he believes the platform could have 20 percent bots “or *much* higher.”
James O’Keefe’s investigative journalism group Project Veritas recently published undercover footage of Twitter employees proudly admitting that the platform discriminates against conservatives and that many employees are unhappy about a possible takeover by Tesla CEO Elon Musk.
Corporate media juggernaut Bloomberg is finally waking up to the dangers of surveillance capitalism, the prevalent business model the Masters of the Universe, but practiced more aggressively and successfully by Google than any other player on today’s web.
A mother of a 10-year-old Pennsylvania girl is suing China’s TikTok and its parent company ByteDance, alleging that her daughter died participating in the “Blackout Challenge” trend popular on the platform.
The creator of the Apple iPod has warned that the newly developing online metaverse runs the risk of damaging human social interactions and creating additional toxicity online. Tony Fadell says “we don’t need more technology between us.”
Following Tesla CEO Elon Musk’s announcement Friday that he has placed his buyout of Twitter “on hold,” many across social media were quick to react to the news.
Tech giant Google announced this week that it plans to use a skin tone palette featuring 10 different shades of skin color for its apps to reduce bias in its AI system.
Tesla CEO Elon Musk has reportedly placed his $44 billion deal to acquire Twitter on hold pending an investigation into bot accounts on the platform. The stock has plummeted more than 15 percent in pre-market following Musk’s announcement released on his Twitter account.
Facebook (now known as Meta) recently warned its Reality Labs VR development division to prepare for cutbacks, which could be a huge blow to the company’s Metaverse ambitions.
The SEC has reportedly launched a probe into Tesla CEO Elon Musk’s late disclosure last month of his large stake in Twitter, according to the Wall Street Journal.
Speaking at a recent conference, Tesla CEO Elon Musk once again spoke glowingly of Communist China and its workers, calling Americans lazy in comparison. According to Musk, America’s manufacturing sector employees are “trying to avoid going to work at all.”
A recent research report claims that thousands of popular websites see what users type into forms before they hit submit. The researchers even found 52 websites where third parties had access to users’ password data before submission.
Elon Musk’s Tesla has recalled approximately 130,000 vehicles across the U.S. as the cars’ touchscreens can overheat and go blank. At the end of 2021, Tesla recalled 475,000 cars, or about half of the vehicles sold in the entire country.
Twitter co-founder and free speech failure Jack Dorsey recently agreed with Elon Musk after the Tesla CEO said that the platform’s decision to ban former President Donald Trump permanently was “morally wrong and flat out stupid.” According to Dorsey, he blacklisted Trump after making a “business decision.”
Following Amazon employees union victory at a Staten Island warehouse, the company has fired more than half a dozen senior managers at the facility. The firings are viewed by some employees as a direct response to the successful vote by staff to join the Amazon Labor Union.
According to an investment firm betting against Twitter shares, Tesla CEO Elon Musk could end up paying less than the $44 billion he offered last month to purchase the social media platform. According to Hindenburg Research: “Musk holds all the cards here. If Elon Musk’s bid for Twitter disappeared tomorrow, Twitter’s equity would fall by 50% from current levels. Consequently, we see a significant risk that the deal gets repriced lower.”
