Businesspeople

The online retailer ClickBank shut down sites boosting “Trump Bucks,” which promoted a fabricated currency that would allegedly earn subscribers thousands of dollars if Donald Trump is elected in the 2024 presidential election. An investigation conducted by NBC News revealed several Colorado-based companies had created the scam which promised prospective investors of a get-rich-quick scheme if the former president was reelected.William Shatner on Jeff BezosThe companies reportedly advertised what werecalled “Trump Bucks”…

Billionaire Elon Musk’s ever-present interest in the meme crypto Dogecoin keeps nipping at his heels. On Wednesday, the folks suing the multi-company exec for $258 billion over his efforts to inflate the price of Dogecoin now say Musk had prior knowledge of Doge’s ups and downs, and even had a “fiduciary relationship” with the meme coin.Twitter Investor Sues Elon Musk Over Sneaky Stock PurchasesThe lawsuit was originally brought by investors of Musk’s companies including Tesla, SpaceX, and Boring Co. They’ve been arguing…

Twitter is responding to an uptick in misleading AI-generated images by expanding its flawed, crowdsourced fact-checking feature, Community Notes, to include images. The new feature, whose debut comes just one week after the social network amplified an AI-generated image of a supposed bomb at the Pentagon, will give Twitter users the ability—and responsibility—to identify “misleading media.” Twitter’s trust and safety team, which would originally take a lead role in sussing out signs of misleading or fabricated content,…

Photo: Win McNamee (Getty Images)Last October, Elon Musk closed on a deal to purchase Twitter for a whopping $44 billion. At the time, it was a price-tag that many estimated to be way too much money. Musk, himself, admitted that he and his co-investors may have overpaid for the social media platform. Nevertheless, he soldiered on with the acquisition, determined to transform it into an “everything” app that, according to his generous estimation, could eventually be worth some $250 billion.NPR Is Going Dark on Twitter |…

Photo: AP News (AP)Theranos co-found Elizabeth Holmes surrendered to the Bureau of Prisons just before 2 p.m. on Tuesday to serve her 11-year sentence for defrauding investors. The Bureau has the final say on where Holmes will serve her sentence, but the U.S. District Court in Northern California has recommended she serve out her prison sentence at the minimum-security all-female federal prison camp in Bryan, Texas.NPR Is Going Dark on Twitter | Future TechHolmes founded Theranos, the blood testing company in 2003 that…

Image: AP News (AP)Twitter’s former public relations firm filed a lawsuit against the company on Friday, accusing it of unpaid bills since Elon Musk took over the company in October of last year. The PR firm and Twitter severed ties on November 16, three weeks after Musk acquired the company, but the firm says Twitter still owes $830,498 across six unpaid invoices, Reuters reported.Twitter Verification is a Hot MessThe PR firm told the outlet that Twitter has stopped responding to its requests for payments, instead…

Twitter owner Elon Musk’s quest to turn his platform into a media powerhouse failed miserably on Wednesday after a planned talk with Florida Gov. Ron DeSantis on Twitter Spaces to announce his presidential run was overcome by embarrassing technical glitches.Mr. Tweet Fumbles Super Bowl TweetBefore the event, Musk hyped up DeSantis’ unusual choice of venue, stating: “Any candidate who announces on this platform will get the highest possible audience. It’s a smart move.” However, the tech billionaire quickly ate his words…

Former President Donald Trump released a clip of a fake Twitter spaces event Wednesday where he used what appeared to be the deepfaked voices of Elon Musk, George Soros, Klaus Schwab, a coughing Dick Cheney, Satan, and, yes, Adolf Hitler, to mock Florida Governor Ron DeSantis. The bizarre two-minute clip, which was originally uploaded to Rumble before being shared to other platforms like Instagram, was meant as a direct shot at DeSantis’ own glitch-filled Twitter Spaces event where he announced he was officially running…

Twitter’s soon to be ex-CEO Elon Musk claims there’s more room to cut jobs in the tech industry. Musk cleaned house the moment he took over as Chief Twit, laying off thousands of workers. But it seems he’s now ready to beef up staff levels once again. In an interview at The Wall Street Journal’s CEO Council Summit in London, England, Musk said adding an additional 1,500 workers would be a reasonable amount. That’d still make Twitter’s total staff a lot leaner than the reported 7,500 tweeps that worked at the social media…

A California judge dismissed a lawsuit filed by a former Twitter shareholder against the company’s soon to be ex-CEO Elon Musk on Monday. The lawsuit, claiming Musk attempted to cheat Twitter shareholders, was filed in May of last year and accused Musk of engaging in market manipulation during his acquisition bid to buy out the company for $44 billion. NPR Is Going Dark on Twitter | Future TechMusk had originally claimed he wanted to back out of the offer because there was a surplus of bots on the Twitter platform, and in…