PXP

Elon Musk says Twitter’s verified service with colors to start next week

Nov 25 (Reuters) – Twitter Inc plans to roll out its verified service next Friday with checks in different colors for individuals, businesses and governments, after a botched initial launch led to a surge in users getting impersonate celebrities and brands on the platform. On Friday, Chief Executive Elon Musk assigned colors to the categories …

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Musk says Twitter to hold off relaunching blue check verification

Nov 21 (Reuters) – Twitter’s new owner Elon Musk said on Monday the social media company was pausing the relaunch of its blue check subscription service, a delay from its original tentative schedule to bring the service back on the platform. “Withholding Blue Verified relaunch until there is high confidence in stopping spoofing,” Musk said …

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Elon Musk encourages Twitter engineers to fly in for in-person meetings

November 18 (Reuters) – Elon Musk on Friday asked all remaining Twitter employees who write software code to report to the 10th floor of the San Francisco office by early afternoon, according to an email reviewed by Reuters . The billionaire said in a follow-up email: ‘If possible, I would appreciate it if you could …

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Gamers lament end of Warcraft in China as Blizzard and NetEase part ways

November 17 (Reuters) – Blizzard Entertainment (ATVI.O) and NetEase (9999.HK) caused consternation among thousands of gamers on Thursday by saying hits such as ‘World of Warcraft’ will not be available in China from next year as a 14-year partnership ended. NetEase shares closed 9% lower in Hong Kong after Blizzard said it was unable to …

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Amazon laid off some devices unit staff as it targets 10,000 cuts

November 16 (Reuters) – Amazon.com Inc. (AMZN.O) said on Wednesday it laid off some employees in its device group, with a person familiar with the company saying it was still targeting around 10,000 job cuts, including in its retail division and human resources. The announcement, Amazon’s first since news outlets including Reuters announced its layoff …

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Special Report: FTX’s Bankman-Fried begged for a rescue even as he revealed huge holes in firm’s books

FTX founder sought to raise $7 billion from investors including Sequoia, Apollo, TPG, three sources say FTX also turned to Nomura and Saudi wealth fund – sources FTX and trading affiliate Alameda, nominally independent, both listed same assets on their books – investor presentations Records seen by Reuters show FTX diverted large share of fee …

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Elon Musk trial opens to decide fate of his $56 bln Tesla pay

WILMINGTON, Del, Nov 14 (Reuters) – A lawsuit opened on Monday over allegations by shareholders that Tesla CEO Elon Musk’s $56 billion pay package was rigged with easy performance targets and that investors were duped into approving it, with Musk expected to take a stand later this week. A Tesla (TSLA.O) The shareholder hopes to …

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Nearly half of Meta job cuts were in tech, reorg underway – execs say

OAKLAND, Calif., November 11 (Reuters) – Meta Platforms, owner of Facebook (META.O) told employees on Friday it would stop developing smart displays and smartwatches and that nearly half of the 11,000 jobs it cut this week as part of unprecedented cost-cutting were in tech roles . Speaking at a public employee meeting heard by Reuters, …

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Twitter restores ‘official’ label; $8 blue check mark option vanishes

November 11 (Reuters) – Elon Musk’s Twitter Inc brought back the “official” badge to some accounts on Friday, just days after removing it, while several users reported that the new subscription option for the tick mark of blue check was gone. The move follows a rise in fake accounts on the platform after new boss …

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