Twitter's Ad Revenue Plummets 50% under Musk, Struggling for Cash Flow
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Elon Musk, the owner of Twitter, revealed a staggering 50% drop in advertising revenue since acquiring the platform for $44 billion.
- Jul 18, 2023
Intel CEO Patrick Gelsinger Expands Presence in China Amid US-China Tech War
Intel CEO Patrick Gelsinger concludes second visit to China in three months, strengthening ties with Chinese IT companies
- Jul 18, 2023
Activists Disable Driverless Taxis in San Francisco Protesting Safety Concerns
Masked activists disrupt driverless taxis, arguing against their safety as a new revolutionary mode of transport.
- Jul 18, 2023
Norway Regulator Imposes Fines on Meta for Privacy Breaches
The data regulator of Norway has announced its intention to refer the ongoing fine imposed on Meta Platforms (META.O).
- Jul 17, 2023
Xiaomi Shifts Focus to Boost Retail Sales in India
Xiaomi's India President reveals plans to prioritise brick-and-mortar sales over e-commerce
- Jul 17, 2023
Chinese President Xi Jinping Emphasises "Solid" Security Barrier for China's Internet
Chinese President Xi Jinping calls for a secure internet in China under Communist Party supervision to safeguard data and information.
- Jul 17, 2023
Elon Musk Unveils xAI: A Quest to Understand the Universe
Elon Musk introduces xAI, an artificial intelligence company focused on unraveling the mysteries of the universe.
- Jul 17, 2023
BYD Plans $1 Billion Investment for Electric Cars and Batteries in India
China's BYD Co and Megha Engineering propose $1 billion investment in India to establish a joint venture for electric vehicles
- Jul 15, 2023
China's Generative AI Rules Target Public-Facing Products Only
China eases regulations on generative artificial intelligence (AI) industry to support development while emphasizing security concerns.
- Jul 15, 2023
Twitter Offers Revenue Share to Verified Content Creators, Boosting Platform Appeal
Twitter announces that select verified content creators can now earn a portion of the advertising revenue generated by their replies
- Jul 15, 2023
Amazon's 'biggest ever' Prime Day drives US online sales to $12.7B
U.S. online sales surge 6.1% to $12.7 billion during Amazon Prime Day, with shoppers flocking to the e-commerce giant for deep discounts
- Jul 14, 2023
Elon Musk Launches xAI, a New AI Company
Renowned billionaire entrepreneur Elon Musk has officially unveiled his highly anticipated artificial intelligence startup, xAI.
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