Pump Fake: Elon Musk Puts Twitter Acquisition On Temporary Hold, Snoop Dogg Wants In
HipHopWired Featured Video Source: SOPA Images / Getty Elon Musk made waves in the tech world with the chatter surrounding his apparent takeover of the sprawling Twitter universe. Now, the billionaire businessman is putting the acquisition of the company on hold via a cryptic tweet that leaves room for various interpretations but a certain legendary rapper may prove to be a foil. On Friday (May 13), Musk wrote, “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users” in a quote tweet featuring a story from Reuters regarding spam and fake accounts. Later in the thread of tweets, Musk added, “still committed to acquisition.” Related Stories As part of his pledge to get rid of the bots on Twitter, Musk then wro...
Kid Cudi Hints At Releasing New Music On Twitter
HipHopWired Featured Video Source: Ray Tamarra / Getty Kid Cudi has been highly active lately on various fronts, but it has been a minute since he’s released his own music. One moment on his social media account, however, suggests that could soon change. The “Day And Night” rapper stoked the interest of his fans on Twitter on Wednesday (May 11th) as he dropped a video clip. The eleven-second clip is from 2019, and it shows Cudi nodding his head along to a track. The caption to the tweet asks the question: “Should I drop this?” The snippet of music is one of a bunch that Cudi has on his social media profiles, but this new tweet could be the artist testing the waters. The immediate response from those viewing the tweet was all in favor of him releasing the full track. Kid Cudi hasn’t been la...
Three Kenyan Firms Listed Among 100 Top Tech Pioneers
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
Doge gets more love on Twitter and Ethereum gets more hate: Data analysis
Ethereum has taken out the top spot on Twitter as the most hated of five cryptocurrencies studied, while the meme-token Dogecoin is the most liked. The findings emerged from a new report by TRG Datacenters that analyzed a year’s worth of tweets between Jan. 2021 to Jan. 2022, concerning five of the most popular cryptocurrencies to figure out which digital assets were the most emotionally stirring on Twitter. According to the analysis — which looked at Bitcoin (BTC), Cardano (ADA), Dogecoin (DOGE), Ethereum (ETH) and Litecoin (LTC) — Ethereum was firmly the most negatively associated with 29% of all tweets containing a negative sentiment. (The decision not to include Ripple, which has ardent fans but also very passionate critics, probably makes the study less comprehensive than it sho...
Elon Musk Calls Donald Trump’s Twitter Ban A “Mistake” & Wants To Reverse It, Jack Dorsey Agrees
HipHopWired Featured Video Source: Dimitrios Kambouris / Getty Twitter’s future owner Elon Musk (we hope not), finally said the quiet part out loud regarding the return of the twice impeached President Donald Trump to the platform. The moment bootleg Tony Stark aka Elon Musk, decided to make his move to purchase Twitter, MAGA land immediately dubbed him the savior of their lord and savior, Donald Trump’s banned Twitter account. Speaking at the Financial Times’ Future of the Car conference, Musk finally gave Trump’s loyal fans the red meat they have been waiting to consume. Related Stories Musk feels Twitter should be “reluctant to delete things” while being “very cautious with permanent bans.” He also added that Twitter’s decision to ban Trump in January 2021 following the saltine-fueled i...
Elon Musk Says He Will Reverse Trump’s Ban on Twitter
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
Elon Musk Says Donald Trump Will Be Allowed Back on Twitter
Elon Musk says Donald Trump will be welcomed back to Twitter once he takes ownership of the social media platform later this year. Speaking at a Financial Times conference on Tuesday, Musk described Twitter’s decision to permanently ban Trump as “morally bad” and “foolish in the extreme.” “I do think it was not correct to ban Donald Trump. I think that was a mistake,” Musk said. “It alienated a large part of the country, and did not ultimately result in Donald Trump not having a voice.” Advertisement Related Video Instead, Musk argued, by banning Trump, Twitter risked creating a “frankly worse” forum, where disagreeing voices never have an opportunity to engage. In fact, Musk said he will likely lift all permanent bans on Twitter, and instead issue temporary suspensions or hide individual ...
‘Decentralized Twitter’ Bluesky releases code, outlines content moderation
Twitter’s decentralized social media project Bluesky has released its first batch of code, and also committed to content moderation on the network. Former Twitter CEO Jack Dorsey first announced Bluesky back in late 2019, but the project went independent in February after receiving $13 million worth of funding from Twitter. However, Dorsey is still a member of the board. Bluesky released its “Authenticated Data eXperiment” (ADX) protocol code via a May 5 blog post titled “Working in Public.” The team noted that it will be publicly sharing the process of developing the platform by “releasing work before it’s complete, but also giving ourselves time to workshop new directions at early stages.” Today we’re open-sourcing the Authenticated Data eXperiment (ADX) to begin working in public....
Binance commits $500M to co-invest in Twitter with Elon Musk
Major crypto exchange Binance has participated in Elon Musk’s $44 billion acquisition of Twitter, according to data filed with the United States Securities and Exchange Commission. On May 5, Musk filed an amended general statement of the acquisition, announcing that Twitter received an aggregate of about $7.2 billion in new financing commitments in connection with the merger agreement, subject to the conditions in co-investor equity commitment letters. According to the document, Binance is one of 18 co-investors in the acquisition alongside major crypto industry players like Sequoia Capital Fund and Fidelity Management and Research Company. Having invested $500 million, Binance is the fourth biggest contributor, following Lawrence J. Ellison Revocable Trust, which invested $1 billion. Sequ...
Happy birthday Hal Finney: Crypto community honors world’s first known Bitcoiner
Finney was also the first person to publicly run Bitcoin (BTC), going down in the annals of crypto Twitter history with a famous tweet that often resurfaces: Raise a glass to the world’s first Bitcoiner today. Hal Finney, the first person to receive a Bitcoin transaction from none other than Satoshi Nakamoto would have celebrated his birthday today. Running bitcoin — halfin (@halfin) January 11, 2009 On Bitcointalk.org, Hal Finney explained that when Satoshi first released the software, he “grabbed it right away.” “I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test.” The wallet address for the 10 Bitcoin transaction tells a story: surging to 10 ...
Elon Musk “Stop Hitting On Me” Response To Alexandria Ocasio-Cortez Shows He Has The Maturity Of A Teen
HipHopWired Featured Video Source: Anadolu Agency / Getty A lot of people are understandably concerned about Elon Musk‘s purchase of Twitter because we all know that when privileged white men start talking about “freedom of speech,” they tend to be specifically fighting for the freedom to be ignorant, bigoted and prone to ridiculous conspiracy theories that trade critical thinking for pseudo-intellectualism. And if Musk was looking to prove that he isn’t trying to return the platform to its pre-Trump ban roots of being a dumping ground for remedial dude-bros with all the intellectual prowess of a deer galloping toward headlights, he’s not getting off to a good start with his response to congresswoman Alexandria Ocasio-Cortez. Related Stories On Friday, AOC tweeted out her concerns about Tw...
Elon Musk Might Start Charging You to Embed or Quote Tweets
Elon Musk may be worth $246 billion, but he still took out loans to finance his $44 billion purchase of Twitter. In order to secure the cash, Reuters reports the mogul pitched banks a multitude of strategies to cut costs and make more money for Twitter, including reducing executive salaries and charging a fee for embedding and quoting tweets. Musk secured $13 billion in loans against Twitter and a $12.5 billion margin loan tied to his Tesla stock. In his proposal to lenders, the businessman argued that Twitter has a lot of room to make more money, pointing to a gross margin that ranks much lower than competitors like Facebook and Pinterest. In order to play catch up, Musk proposed profiting off of Twitter’s penchant for spreading both viral memes and important information by charging third...
