Elon Musk
New York Times Documentary Elon Musk’s Crash Course to Examine Tesla Autopilot Deaths
The documentary series The New York Times Presents has announced Elon Musk’s Crash Course, which aims to examine Tesla’s artificial intelligence system Autopilot, and “how Autopilot has been a factor in several deaths and dozens of other accidents that Tesla has not publicly acknowledged.” It premieres May 20th on Hulu and FX. Musk has called self-driving cars a “solved problem,” and he’s made A.I. part of the central pitch at Tesla. Earlier this year, he hyped up investors with Tesla’s burgeoning robotics program, the intelligence for which will build on Autopilot. Musk said these robots have “the potential to be more significant than the vehicle business, over time.” But even as he continues to expand the applications for the Autopilot system, Elon Musk’s Crash Course...
Elon Musk Buys Twitter, Black Twitter Keeps Eye On The Jig, MAGA Twitter Elated
HipHopWired Featured Video CLOSE Source: SOPA Images / Getty As expected, Elon Musk just purchased Twitter. The founder of SpaceX and CEO of Tesla reportedly purchased the social media app for a cool $44 billion, but not everyone is celebrating. According to the New York Times, Musk and the Twitter board secured the deal after much wrangling. Twitter agreed to sell itself to Mr. Musk for $54.20 a share, a 38 percent premium over the company’s share price this month before he revealed he was the firm’s single largest shareholder. It would be the largest deal to take a company private — something Mr. Musk has said he will do with Twitter — in at least two decades, according to data compiled by Dealogic. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town s...
Donald Trump Says He Won’t Use Twitter Even if Elon Musk Unbans His Account
In what may be Donald Trump’s most popular action since appearing in Home Alone 2, the former President has pledged that he will not use Twitter, not even if the platform’s new owner Elon Musk unbans his account. As Trump explained to Fox News, the decision does not represent either changing interests or a newfound ability to shut the fuck up. No, after Trump’s permanent ban following the failed January 6th insurrection, the longtime Twitter addict did something rather committal while in the throws of his withdrawal, spending a small fortune on building his own social media platform. This new hangout changed almost nothing about Twitter’s design, except for using the Orwellian name TRUTH Social and instituting new rules preventing users from making fun of Trump. TRUTH Social laun...
Elon Musk buys Twitter for $44B — crypto industry reacts
In the hours and days before Tesla CEO Elon Musk’s purchase of social media giant Twitter, discussions on free speech were common among many online users both in and out of the crypto industry. Twitter announced on Monday that it will become a privately held company following its board of directors accepting a bid from Musk to purchase the firm’s stock for $54.20 per share in cash — roughly $44 billion. Though the transaction is expected to close in 2022, it is still subject to the approval of Twitter stockholders as well as certain regulators. In one of his last tweets prior to news of the purchase becoming public, Musk said, “I hope that even my worst critics remain on Twitter because that is what free speech means.” Twitter quoted the Tesla CEO saying “free speech is the bedrock of...
Bitcoin hits $40K, investors pump Dogecoin (DOGE) after Musk confirms Twitter purchase
The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion. Data from Cointelegraph Markets Pro and TradingView shows that after dropping as low as $38,210 in the opening trading hours on Monday, Bitcoin (BTC) price staged a 5.72% rally to hit an intraday high at $40,366 as news of Twitter’s sale spread across news outlets. BTC/USDT 1-day chart. Source: TradingView Here’s a look at what analysts and on-chain data have to say about Bitcoin’s short-term outlook. Declining exchange reserves point to strong accumulation The recent bearish sentiment that has dominated the crypto market was addressed b...
Elon Musk to Buy Twitter: Questlove, Ice T, Scooter Braun & More React
Elon Musk reached an agreement to acquire Twitter for approximately $44 billion, the social media company announced on Monday (April 25). The Tesla CEO, who is also the world’s wealthiest person, has previously noted that he wants to buy Twitter because he thought that it’s not a platform for “free speech.” He says it needs to be transformed as a private company in order to build trust with users and do better at serving what he calls the “societal imperative” of free speech. Over the past few weeks, Musk has shared a number of proposed changes that he hopes to implement in the company, from relaxing content restrictions — such as the rules that suspended former President Donald Trump’s account — to removing fake and automated accounts from Twitter. “Free speech is the bedrock of a fu...
Elon Musk to Buy Twitter: Questlove, Ice T, Scooter Braun & More React
Elon Musk reached an agreement to acquire Twitter for approximately $44 billion, the social media company announced on Monday (April 25). The Tesla CEO, who is also the world’s wealthiest person, has previously noted that he wants to buy Twitter because he thought that it’s not a platform for “free speech.” He says it needs to be transformed as a private company in order to build trust with users and do better at serving what he calls the “societal imperative” of free speech. Over the past few weeks, Musk has shared a number of proposed changes that he hopes to implement in the company, from relaxing content restrictions — such as the rules that suspended former President Donald Trump’s account — to removing fake and automated accounts from Twitter. “Free speech is the bedrock of a fu...
Bored Billionaire Elon Musk On Verge of Buying Twitter, Users Say RIP To Social Media Platform
HipHopWired Featured Video CLOSE Source: NurPhoto / Getty It looks like bootleg Tony Stark, aka Elon Musk, will indeed purchase Twitter, and depending on who you ask, this development is not being well received. Reuters reports Twitter is set to accept Musk’s “best and final” $41 billion to purchase the social media platform. The decision comes after the back and forth between the company and Musk as they actively tried to find potential buyers to keep Musk’s stench off the company. Welp, they couldn’t get anyone to drop a bag on Twitter at its current share price, and now they are seemingly caving in to the bored billionaire. Per Reuters: Twitter may announce the $54.20-per-share deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the sources ...
Bitcoin spoofs $39.5K breakout at Wall St open as Elon Musk Twitter takeover nears
Bitcoin (BTC) saw a classic “fakeout” move on April 25 as volatility kept traders firmly on edge. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders stay gloomy on BTC outlook Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly climbing almost $1,000 as Monday’s Wall Street trading session began. The move was short-lived, the pair coming back down to where it started within an hour after hitting local highs of $39,517 on Bitstamp. Monday had begun with a whimper for Bitcoin bulls, who lost ground on the weekly close and failed to avoid $40,000 flipping to resistance on daily timeframes. For popular trader Crypto Ed, $30,000 was still on the table as a potential short-term target. “To me, it seems any bounce we...
Elon Musk Finalizing Deal to Purchase Twitter
Elon Musk is on course to finalize his purchase of Twitter after the two sides spent the weekend negotiating the terms of the sale. According to the New York Times, an agreement could be announced as soon as Monday. Musk launched a hostile takeover of Twitter earlier this month, offering to purchase the social media company for $43 billion. While Twitter’s board initially sought to stave off Musk’s efforts by deploying a poison pill shareholder rights plan, the board began to take his offer seriously after he sured up financing for the deal, the Times reports. The two sides are now reportedly discussing details including a timeline to close a potential deal and fees that would be paid if a deal fell through at the 11th hour. “I invested in Twitter as I believe in its potential to be the pl...
Memecoins eye major revamps in an effort to return to their former glory
Memecoins briefly took the cryptocurrency market by storm in 2021 after steady attention and shilling from big-name influencers like Elon Musk and Mark Cuban helped propel coins like Dogecoin (DOGE) to 100x gains. As one should expect, in the crypto market, rapidly rising prices have a tendency to reverse course just as fast and many of the formerly high-flying meme tokens now find themselves struggling for survival as the market matures and investors look for real-world use cases. Let’s take a look at some of the most popular memecoins of 2021 to see whether they were just a flash in the pan or if there are fundamental developments that may prove fruitful in the long-term. Dogecoin DOGE is the original memecoin and it helped kick off the rally of ‘21 after its price skyrockete...
DOGE price analysis hints at 30% drop despite Elon Musk’s Twitter bid
The brief Dogecoin (DOGE) price rally last week following Tesla CEO Elon Musk’s bid to buy Twitter appears to be fizzling out as DOGE closes the week over 8%. DOGE’s price dropped to $0.142 on April 17, three days after peaking out locally at $0.149. The Dogecoin correction, albeit modest, raised its potential to trigger a classic bearish reversal pattern with an 85% success rate of reaching its downside target. DOGE price eyes drop under $0.10 Dubbed head and shoulders (H&S), the pattern appears when the price forms three peaks in a row, with the middle one, called the “head,” in between the other two, which are of almost equal height, and are thus called the left and right “shoulders.” These three peaks hold above a common support ...
