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web business and news
Month: April 2022
Month: April 2022
Elon Musk Accused of Breaking Law While Buying Twitter Stock
Elon Musk’s huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colorful billionaire illegally delayed disclosing his stake in the social media company so he could buy more shares at lower prices. The complaint in New York federal court accuses Musk of violating a regulatory deadline to
DetailsCompanies and Celebrities Jump into NFT Craze
The world of nonfungible tokens, or NFTs is getting a boost from companies and celebrities, who are making the digital products. But the nascent technology comes with risks. Tina Trinh reports. …
DetailsTwitter’s Top Shareholder Elon Musk Decides Not to Join Board
Twitter Inc’s biggest shareholder, Elon Musk, has decided not to join its board, Chief Executive Parag Agrawal said late on Sunday. Musk, who calls himself a free-speech absolutist and has been critical of Twitter, disclosed a 9.1% stake on April 4 and said he plans to bring about significant improvements at the social media platform.
DetailsJD.com Founder Richard Liu Leaves CEO Post
Chinese e-commerce company JD.com said Thursday that its founder Richard Liu has left his position as CEO, the latest Chinese billionaire founder to step aside amid increased government scrutiny of the country’s technology industry. Liu will hand over the reins to JD.com’s president Xu Lei, according to a company statement. Liu will remain as the
DetailsTwitter to Start Testing Long-Awaited Edit Feature Soon
Twitter said on Tuesday it will begin testing a new edit feature in the coming months, surprising its users on the same day it said Tesla boss Elon Musk would join the social media company’s board. Jay Sullivan, Twitter’s head of consumer products, said in a tweet the company had been working since last year
DetailsElon Musk Named to Twitter Board After Acquiring Massive Stock Share
A day after it was revealed he owned the largest stake in Twitter, slightly more than 9% of shares, Elon Musk has joined the company’s board of directors. The Tesla and SpaceX founder will be on the board until at least 2024, according to a regulatory filing. As a stipulation of his board membership, Musk
DetailsDrones Aim to Deliver Meals, Medicines to People’s Backyards
In the U.S., some restaurants and medical supply stores are turning to drones to deliver food, medicine, and other essential goods to people’s homes. VOA’s Julie Taboh has more. …
DetailsBypassing Digital Iron Curtain, Activists Message Millions in Russia
The Kremlin’s clampdown on news of the war in Ukraine has hackers and volunteers from around the world are sending messages directly to Russian citizens’ phones to keep them informed. Matt Dibble has the story. …
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