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Britain Pushes Tough Tech Rules Under New Digital Watchdog

Big tech companies would have to comply with tough rules under a new digital watchdog aimed at giving consumers more choice online  LONDON — Big tech companies like Google and Facebook parent Meta would have to comply with tough B.....»»

Source:  TimeCategory: TopMay 7th, 2022Related News

Some TurboTax Customers Will Get Paid After $141 Million Settlement Over Tax Filing Fees

NEW YORK — The company behind the TurboTax tax-filing program will pay $141 million to customers across the United States who were deceived by misleading promises of free tax-filing services, New York’s attorney general announced Wednesda.....»»

Source:  TimeCategory: TopMay 6th, 2022Related News

Elon Musk Secures $7.1 Billion in New Financing for Twitter

The investors named in the filing include Fidelity, Lawrence J. Ellison Revocable Trust and Qatar Holding. Elon Musk has secured about $7.1 billion of new financing commitments for his proposed $44 billion takeover of Twitter Inc., the co.....»»

Source:  TimeCategory: TopMay 6th, 2022Related News

Democracy Can Still End Big Tech’s Dominance Over Our Lives

Just two decades ago barely 25% of the world’s information was digital. Today, nothing escapes this web. It is our shared fate and privilege to live at the dawn of information civilization. What kind of future will this be? What legacy will we.....»»

Source:  TimeCategory: TopMay 6th, 2022Related News

Bitcoin Is Coming to Your 401(k). But Your Employer Probably Won’t Let You Invest in It

Fidelity opened the door for a future of crypto retirement savings. But the decision has been met with pushback, including from the U.S. Department of Labor A version of this article was published in TIME’s newsletter Into the Metav.....»»

Source:  TimeCategory: TopMay 6th, 2022Related News

Inflation, Passwords and TikTok: The Real Threats to the Future of Netflix and Streaming

The pandemic sparked a boom for video streaming services like Netflix, Disney+, and Peacock. In 2020 and 2021, Netflix added 54.6 million subscribers, many of them in the frightening, isolating six months after the world locked down and people sought.....»»

Source:  TimeCategory: TopMay 6th, 2022Related News

Twitter Is Brilliant. The Damage It’s Done Is Undeniable

The debate over Elon Musk’s acquisition of Twitter is fierce because journalists and politicians depend on the platform to share their ideas and build their brands. Twitter is less than one-tenth the size of Facebook, and has been only intermit.....»»

Source:  TimeCategory: TopMay 6th, 2022Related News

4 Ways to Fix Social Media That Don’t Cost $44 Billion

Elon Musk’s bid to acquire Twitter in a deal worth $44 billion has sparked debate and concern about what the platform will look like once he takes over. The world’s richest man will steer the future of a small but influential platform of.....»»

Source:  TimeCategory: TopMay 1st, 2022Related News

Twitter Has Helped Build Social Movements Across the World. Now Organizers Fear For Its Future

Pro-Palestine activists have a long history of experiencing smear attacks targeting their places of employment or study. When Hadi Nasrallah tweeted a video of protestors confronting Israeli Ambassador Tzipi Hotovely after a late 2021 speaking engage.....»»

Source:  TimeCategory: TopMay 1st, 2022Related News

Tesla’s Ambitions in India Will Test Elon Musk’s Commitment to ‘Free Speech’

Elon Musk’s acquisition of Twitter could give the Indian government extra leverage to crack down on critics—despite Musk’s stated aims to preserve free speech on the platform—due to Tesla’s business ambitions in the coun.....»»

Source:  TimeCategory: TopMay 1st, 2022Related News

Apple Expects Supply Shortages to Slash Sales by Up to $8 Billion

Apple Inc. shares slid after predictions that supply constraints would cost up to $8 billion in revenue during the current quarter Apple Inc. shares slid after the iPhone maker predicted that supply constraints would cost $4 billion to $8.....»»

Source:  TimeCategory: TopMay 1st, 2022Related News

Elon Musk and the Tech Bro Obsession With ‘Free Speech’

They say that something is worth what someone will pay for it. If that’s true, then protecting “free speech,” which Elon Musk has cited as a central reason he agreed to buy Twitter for $44 billion this week, may be worth twice as mu.....»»

Source:  TimeCategory: TopMay 1st, 2022Related News

Elon Musk Offloads $4 Billion of Tesla Shares, Pledges No More Sales

Elon Musk sold about $4 billion worth of Tesla Inc. stock days after reaching a $44 billion deal to buy Twitter Inc. The Tesla chief executive officer offloaded 4.4 million shares on April 26 and April 27, according to regulatory filings. Musk has no.....»»

Source:  TimeCategory: TopMay 1st, 2022Related News

The Numbers That May Have Convinced Elon Musk That Twitter Was Worth $44 Billion

Elon Musk is anything but conventional. Typically, when companies (or multi-billionaires) spend boatloads of money on acquisitions, they take their time reviewing internal documents and financial statements that aren’t available to the public&#.....»»

Source:  TimeCategory: TopMay 1st, 2022Related News

Elon Musk Wants to Rid Twitter of ‘Spam Bots.’ Nearly Half His Followers Are Fake

Spam bots on Twitter are automated accounts that mimic the activity of real people on the site, but are programmed to engage in malicious activity One of Elon Musk’s top priorities for Twitter following his $44 billion deal to buy t.....»»

Source:  TimeCategory: TopMay 1st, 2022Related News

Twitter Sales Miss Estimates as Elon Musk Poised to Take Control

Twitter Inc., in one of its last earnings reports before Elon Musk takes the company private, reported revenue that missed analysts’ estimates, reflecting a slowdown in advertising. Revenue rose to $1.2 billion in the first quarter, the social.....»»

Source:  TimeCategory: TopMay 1st, 2022Related News

What Elon Musk’s Twitter Takeover Means for Trump’s TRUTH Social

Musk’s deal has left a cloud of uncertainty hanging over the fate of Trump's TRUTH Social platform Conservatives on Twitter are celebrating a potential turning of the tide in the wake of Elon Musk’s deal to buy the social media pl.....»»

Source:  TimeCategory: TopMay 1st, 2022Related News

After Years of Heated Rivalry, NYC Taxis Will Join Uber

Uber, hit by driver shortages and a surge in food delivery requests during the pandemic, will list New York City taxi cabs on its app, a partnership that until recently would have been unthinkable with both camps fighting ferociously for the same cus.....»»

Source:  TimeCategory: TopMar 24th, 2022Related News

No Bosses: What It’s Like Working at a DAO

A version of this article was published in TIME’s newsletter Into the Metaverse. Subscribe for a weekly guide to the future of the Internet. You can find past issues of the newsletter here. In January, many people on Crypto Twitter proclaimed t.....»»

Source:  TimeCategory: TopMar 24th, 2022Related News

Why YouTube Has Survived Russia’s Social Media Crackdown—So Far

The platform's popularity may have helped to shield it Six days after Russian forces invaded Ukraine, the YouTube account of jailed Russian opposition leader Alexei Navalny posted a new video. In a style part investigative journalism, par.....»»

Source:  TimeCategory: TopMar 24th, 2022Related News