https://www.scmp.com/rss/518046/feed The latest news on Jack Dorsey, American entrepreneur, co-founder and former CEO of Twitter, current CEO of Square, including showbiz news and updates. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Reuters Reuters An Australian computer scientist who claims he invented bitcoin is not “Satoshi Nakamoto”, the pseudonymous inventor of the cryptocurrency, a judge at London’s High Court ruled on Thursday. Craig Wright has long claimed to have been the author of a 2008 white paper, the foundational text of bitcoin, published under the pseudonym. The Crypto Open Patent Alliance (COPA) took Wright to court to stop him suing bitcoin developers, asking for a ruling that Wright was not Satoshi. Judge James Mellor... https://www.scmp.com/news/world/europe/article/3255443/self-proclaimed-bitcoin-inventor-craig-wright-not-satoshi-nakamoto-uk-judge-rules?utm_source=rss_feed https://www.scmp.com/news/world/europe/article/3255443/self-proclaimed-bitcoin-inventor-craig-wright-not-satoshi-nakamoto-uk-judge-rules?utm_source=rss_feed Thu, 14 Mar 2024 20:10:36 +0000 Bluesky, a Twitter-like social network championed by Twitter co-founder Jack Dorsey, has emerged from its cocoon and is now allowing anyone to create an account and join the service. Until Tuesday, anyone hoping to join Bluesky needed an invitation, which typically meant hunting down an existing member and begging for an invite. That invite-only period gave the site time to build out moderation tools and other features, Bluesky said. Bluesky resembles Twitter – now known as X after Tesla... https://www.scmp.com/tech/tech-trends/article/3251204/bluesky-social-network-championed-jack-dorsey-opens-anyone-sign?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3251204/bluesky-social-network-championed-jack-dorsey-opens-anyone-sign?utm_source=rss_feed Wed, 07 Feb 2024 02:54:19 +0000 We lost Twitter and got X. We tried out Bluesky and Mastodon (well, some of us did). We fretted about AI bots and teenage mental health. We cocooned in private chats and scrolled endlessly as we did in years past. For social media users, 2023 was a year of beginnings and endings, with some soul-searching in between. Here’s a look back at some of the biggest stories in social media in 2023 – and what to watch for in 2024. Goodbye Twitter A little more than a year ago, Elon Musk walked into... https://www.scmp.com/lifestyle/gadgets/article/3246475/social-media-highlights-2023-twitter-becomes-x-meta-launches-threads-teens-mental-health-focus-and?utm_source=rss_feed https://www.scmp.com/lifestyle/gadgets/article/3246475/social-media-highlights-2023-twitter-becomes-x-meta-launches-threads-teens-mental-health-focus-and?utm_source=rss_feed Thu, 28 Dec 2023 20:15:18 +0000 Elon Musk’s X, the social network formerly known as Twitter, is on track to bring in roughly US$2.5 billion in advertising revenue in 2023 – a significant slump from prior years, according to people familiar with the matter. X generated a little more than US$600 million in advertising revenue in each of the first three quarters of the year, and is anticipating a similar performance in the current period, according to a person familiar with the numbers. That compares to more than US$1 billion per... https://www.scmp.com/tech/big-tech/article/3244887/elon-musks-x-sees-significant-decline-ad-sales-2023-advertisers-flee-controversial-platform?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3244887/elon-musks-x-sees-significant-decline-ad-sales-2023-advertisers-flee-controversial-platform?utm_source=rss_feed Wed, 13 Dec 2023 04:25:09 +0000 Lynn Farah Lynn Farah It’s difficult to remember a time before YouTube existed. Since the platform launched in 2005, it has become the second most-visited site after Google. Soon, it was clear that the video platform would be the next big thing on the web, and yet the sheer amounts of money that YouTube stars would later earn through the platform, either directly via streams or marketing deals and product partnerships, may come as a surprise to many. Here’s a list of 10 of the top YouTube earners ever, plus their net... https://www.scmp.com/magazines/style/people/article/3244032/10-richest-youtubers-ever-net-worths-ranked-mrbeast-known-his-giveaway-videos-logan-and-jake-paul?utm_source=rss_feed https://www.scmp.com/magazines/style/people/article/3244032/10-richest-youtubers-ever-net-worths-ranked-mrbeast-known-his-giveaway-videos-logan-and-jake-paul?utm_source=rss_feed Thu, 07 Dec 2023 12:00:17 +0000 For many, Aubrey Anderson-Emmons will always be Cam and Mitchell’s cute, adopted Vietnamese daughter on Modern Family. Joining the show when she was just four years old, she was the youngest person ever to win a Screen Actors Guild award as part of the ensemble cast for her performance as Lily Tucker Pritchett. But in real life, she is the daughter of Korean-born Amy Anderson – herself a TV actress who’s starred in shows such as Lucifer – and businessman Kent Emmons. Today, the talented young... https://www.scmp.com/magazines/style/entertainment/article/3244013/where-modern-familys-lily-aka-aubrey-anderson-emmons-now-award-winning-child-star-band-has-youtube?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3244013/where-modern-familys-lily-aka-aubrey-anderson-emmons-now-award-winning-child-star-band-has-youtube?utm_source=rss_feed Wed, 06 Dec 2023 12:00:09 +0000 Britney Spears recently celebrated her 42nd birthday on Saturday, with a guest who usually stays out of the spotlight: her brother Bryan Spears. His attendance to her party was confirmed by People magazine. The pop icon’s party turned into a mini family reunion as Spears’ mother Lynne Spears was in also attendance. Britney only reconciled with her mother in May, as per People. Two days before her birthday, Britney shared a picture of her brother captioned, “My big brother who’s like a dad and my... https://www.scmp.com/magazines/style/entertainment/article/3243747/meet-bryan-spears-britneys-older-brother-and-best-friend-pop-star-celebrated-her-42nd-birthday-her?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3243747/meet-bryan-spears-britneys-older-brother-and-best-friend-pop-star-celebrated-her-42nd-birthday-her?utm_source=rss_feed Mon, 04 Dec 2023 10:00:33 +0000 From his friendship with Elon Musk to quashing rumours about sending his beard hair to rapper Azealia Banks, the Twitter co-founder Jack Dorsey leads an interesting life. Dorsey has had a turbulent career in Silicon Valley. After co-founding Twitter on March 21, 2006, he was booted as the company’s CEO two years later, but returned in 2015 having set up his second company, Square, which he rebranded as Block in 2021. Here’s what we know about Dorsey’s career rise and life outside of work. Jack... https://www.scmp.com/magazines/style/people/article/3242742/former-twitter-ceo-jack-dorsey-eccentric-elon-musk-47-year-old-loves-ice-baths-doesnt-eat-weekends?utm_source=rss_feed https://www.scmp.com/magazines/style/people/article/3242742/former-twitter-ceo-jack-dorsey-eccentric-elon-musk-47-year-old-loves-ice-baths-doesnt-eat-weekends?utm_source=rss_feed Sun, 26 Nov 2023 20:00:14 +0000 Biohacking – making incremental changes to your body, diet, and lifestyle to improve health and well-being – is all the rage. Ben Greenfield, a 42-year-old biohacking sensation who claims to have the biological age of a teenage boy, is a recent poster boy for the trend. He counts ex-Twitter chief executive Jack Dorsey and legendary music producer Rick Rubin among his fans. Greenfield is also a nutritionist, physiologist, competitive athlete, New York Times bestselling author – and husband and... https://www.scmp.com/lifestyle/health-wellness/article/3241874/how-live-long-happy-life-celebrity-biohacker-ben-greenfield-shares-his-top-tips-have-meaning-and?utm_source=rss_feed https://www.scmp.com/lifestyle/health-wellness/article/3241874/how-live-long-happy-life-celebrity-biohacker-ben-greenfield-shares-his-top-tips-have-meaning-and?utm_source=rss_feed Fri, 17 Nov 2023 20:15:11 +0000 You know someone has got the magic touch when they can bring together athletes, rappers, celebrities and heavyweight investors. Meet Michael Rubin, the man who is always seen hanging out with stars … and yet remains an enigma himself. But his story is actually quite simple: Rubin met rapper Meek Mill at a basketball game. They connected, got close, and then Meek went to jail for a parole violation. Rubin’s life changed as not only did he lose a pal to prison, but suddenly everyone wanted to know... https://www.scmp.com/magazines/style/entertainment/article/3241464/meet-michael-rubin-your-favourite-billionaires-billionaire-he-met-rapper-meek-mill-nba-game-then?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3241464/meet-michael-rubin-your-favourite-billionaires-billionaire-he-met-rapper-meek-mill-nba-game-then?utm_source=rss_feed Tue, 14 Nov 2023 20:00:17 +0000 Australia’s eSafety Commissioner has found X (formerly Twitter) guilty of serious non-compliance to a transparency notice on child sex abuse material, issuing the social media platform with an infringement notice for A$610,500 (US$388,000). The commissioner first issued transparency notices to Google, X (then Twitter), Twitch, TikTok and Discord in February under the Online Safety Act 2021. Under this legislation, the commissioner has powers to require online service providers to report on how... https://www.scmp.com/week-asia/opinion/article/3238258/australia-fines-social-media-platform-x-us386000-over-child-sexual-abuse-content-does-it-resolve?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3238258/australia-fines-social-media-platform-x-us386000-over-child-sexual-abuse-content-does-it-resolve?utm_source=rss_feed Tue, 17 Oct 2023 20:00:15 +0000 An Australian regulator has fined Elon Musk’s social media platform X A$610,500 (US$386,000) for failing to cooperate with a probe into anti-child abuse practices, a blow to a company that has struggled to keep advertisers amid complaints it is going soft on moderating content. The e-Safety Commission fined X, the platform Musk rebranded from Twitter, saying it failed to respond to questions including how long it took to respond to reports of child abuse material on the platform and the methods... https://www.scmp.com/tech/big-tech/article/3238074/australia-fines-musks-x-us386000-over-child-abuse-probe-after-billionaire-failed-respond-questions?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3238074/australia-fines-musks-x-us386000-over-child-abuse-probe-after-billionaire-failed-respond-questions?utm_source=rss_feed Mon, 16 Oct 2023 05:49:28 +0000 The Securities and Exchange Commission said Thursday it is seeking a court order that would compel Elon Musk to testify as part of an investigation into his purchase of Twitter, now called X. The SEC said in a filing in a San Francisco federal court that Musk failed to appear for testimony on September 15 despite an investigative subpoena served by the SEC and having raised no objections at the time it was served. But “two days before his scheduled testimony, Musk abruptly notified the SEC staff... https://www.scmp.com/tech/big-tech/article/3237009/us-sec-seeks-compel-elon-musk-testify-investigation-whether-twitter-acquisition-violated-securities?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3237009/us-sec-seeks-compel-elon-musk-testify-investigation-whether-twitter-acquisition-violated-securities?utm_source=rss_feed Fri, 06 Oct 2023 04:58:06 +0000 Matt Haldane Matt Haldane An enthusiastic group of pro bono programmers strewn across the globe, including in Hong Kong, are building the open source, crypto-focused super app of Elon Musk’s dreams – but without the app. For the past year, a dedicated group of developers have been working on a decentralised social media protocol, with new features rolling out at a pace that makes it hard to keep track. Updates made this year to the protocol, which was started in late 2020, and to related apps encompass everything from a... https://www.scmp.com/tech/tech-trends/article/3236382/decentralised-social-media-super-app-elon-musks-dreams-already-exists-growing-interest-china?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3236382/decentralised-social-media-super-app-elon-musks-dreams-already-exists-growing-interest-china?utm_source=rss_feed Thu, 05 Oct 2023 03:00:14 +0000 Since the pandemic, those in the know say people in the tech industry are fixating more on watches than ever before. “Much more of a statement – nobody leaves home without one!” says Victoria Hitchcock, a fashion lifestylist and personal brander in Silicon Valley, per Vox. Unlike professionals in finance who have long seen the value of “a statement,” those in the tech industry have been characterised – and even mocked – for their fixation on utility and simplicity. (Think the old tech bro... https://www.scmp.com/magazines/style/luxury/watches/article/3230608/9-watch-brands-tech-millionaires-love-elon-musk-and-jeff-bezos-wear-omega-and-bill-gates-goes-casio?utm_source=rss_feed https://www.scmp.com/magazines/style/luxury/watches/article/3230608/9-watch-brands-tech-millionaires-love-elon-musk-and-jeff-bezos-wear-omega-and-bill-gates-goes-casio?utm_source=rss_feed Thu, 10 Aug 2023 05:40:39 +0000 Twitter’s rebrand as ‘X’ hasn’t quite gone to plan in Indonesia, where the site has been temporarily blocked because the domain was previously used by websites that posted “negative” content, Al Jazeera reported. Elon Musk announced on Sunday that the domain X.com, which he previously used for PayPal, had started redirecting users to Twitter. But according to Al Jazeera, millions of Indonesians were subsequently unable to access the social media platform due to the country’s strict rules that... https://www.scmp.com/news/asia/southeast-asia/article/3229039/elon-musks-twitter-rebrand-got-site-blocked-indonesia-where-xcom-was-once-linked-porn-gambling-says?utm_source=rss_feed https://www.scmp.com/news/asia/southeast-asia/article/3229039/elon-musks-twitter-rebrand-got-site-blocked-indonesia-where-xcom-was-once-linked-porn-gambling-says?utm_source=rss_feed Wed, 26 Jul 2023 20:00:25 +0000 Hundreds of people in Hong Kong have signed up for Worldcoin, a new cryptocurrency project launched by ChatGPT creator Sam Altman that gives away free tokens to users who have their iris scanned, even as the idea draws increasing scrutiny around the world. Worldcoin, first unveiled in 2021, argues that rapidly advancing artificial intelligence will make it difficult to distinguish robots and real human users online, and that iris image-based registration is necessary for determining that someone... https://www.scmp.com/tech/tech-trends/article/3228973/chatgpt-creators-iris-scanning-crypto-project-signs-hundreds-users-hong-kong-amid-controversy?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3228973/chatgpt-creators-iris-scanning-crypto-project-signs-hundreds-users-hong-kong-amid-controversy?utm_source=rss_feed Wed, 26 Jul 2023 10:00:13 +0000 Elon Musk on Monday explained his decision to strip Twitter of its famous bluebird logo as a move to remake the business into a broad platform for communications and financial transactions, a target he’s described as the everything app. “This is not simply a company renaming itself, but doing the same thing,” Musk said about the apparently spontaneous move over the weekend to crowdsource a logo from fans and adopt it as Twitter’s new insignia. “The Twitter name made sense when it was just 140... https://www.scmp.com/news/world/united-states-canada/article/3228853/why-twitter-changing-its-name-ceo-elon-musk-xplains?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3228853/why-twitter-changing-its-name-ceo-elon-musk-xplains?utm_source=rss_feed Tue, 25 Jul 2023 09:20:26 +0000 Meta unveiled an app to rival Twitter on Thursday, appearing to target users looking for an alternative to the social media platform owned – and frequently changed – by Elon Musk. Called Threads, the new offering is billed as a text-based version of Meta’s photo-sharing app Instagram that the company says provides “a new, separate space for real-time updates and public conversations”. The app went live just after midnight Wednesday in the UK in Apple and Google Android app stores in more than... https://www.scmp.com/news/world/united-states-canada/article/3226704/meta-takes-aim-twitter-launch-rival-app-threads?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3226704/meta-takes-aim-twitter-launch-rival-app-threads?utm_source=rss_feed Wed, 05 Jul 2023 23:32:57 +0000 India’s chequered track record with Muslim minorities, political opposition and independent journalism under Narendra Modi is unlikely to feature on the agenda when US President Joe Biden hosts the Indian leader during a state visit to Washington next week, according to observers of US-India relations. “By definition, a large-scale official visit like this is going to be a success. It has to be a success for both sides, and that means that there is a real reluctance to introduce difficult topics... https://www.scmp.com/news/china/article/3223993/indias-human-rights-record-unlikely-come-when-joe-biden-hosts-narendra-modi-experts?utm_source=rss_feed https://www.scmp.com/news/china/article/3223993/indias-human-rights-record-unlikely-come-when-joe-biden-hosts-narendra-modi-experts?utm_source=rss_feed Tue, 13 Jun 2023 20:20:16 +0000 India on Tuesday denied claims it had threatened to shut down Twitter inside the country if it did not block accounts critical of Prime Minister Narendra Modi’s government. The world’s biggest democracy petitions Twitter for content removals more than almost any other country, and the platform regularly takes down or blocks content at the request of Indian authorities. India threatened to shut down Twitter in the country unless it complied with orders to restrict accounts critical of the... https://www.scmp.com/news/asia/south-asia/article/3223961/india-denies-jack-dorseys-outright-lie-it-threatened-shut-down-twitter?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3223961/india-denies-jack-dorseys-outright-lie-it-threatened-shut-down-twitter?utm_source=rss_feed Tue, 13 Jun 2023 12:30:07 +0000 Bluesky, the internet’s hottest members-only spot at the moment, feels a bit like an exclusive club, populated by some very online folks, popular Twitter characters, and fed up ex-users of the Elon Musk-owned platform. Musk is not on it – and this might be part of the appeal for those longing for the way things were before the Tesla billionaire bought Twitter and upended nearly everything about the social network, from rules against harassment to content moderation and its system for verifying... https://www.scmp.com/lifestyle/arts-culture/article/3223469/could-bluesky-become-twitter-20-former-twitter-ceo-jack-dorsey-led-social-media-site-popular-those?utm_source=rss_feed https://www.scmp.com/lifestyle/arts-culture/article/3223469/could-bluesky-become-twitter-20-former-twitter-ceo-jack-dorsey-led-social-media-site-popular-those?utm_source=rss_feed Fri, 09 Jun 2023 08:15:15 +0000 TikTok’s ownership by a Chinese company, and the national security risk that could pose to the viral video app’s users, have drawn most of the attention ahead of its chief executive's testimony to Congress. TikTok chief executive Chew Shou Zi is prepared for a variety of questions, including about kids’ mental health, from a House committee on Thursday. The short video app’s 150 million users in the US and the strength of its content-recommendation engine mean any infraction is viewed as a... https://www.scmp.com/tech/big-tech/article/3214523/tiktoks-ceo-set-enter-washington-fight-he-cannot-win?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3214523/tiktoks-ceo-set-enter-washington-fight-he-cannot-win?utm_source=rss_feed Thu, 23 Mar 2023 03:31:45 +0000 US Senator Dianne Feinstein, a trailblazer for women in American politics, announced on Tuesday that she will not seek re-election in 2024, clearing the path for a hotly contested race for her seat among California Democrats. First elected to the Senate in 1992, Feinstein is the oldest member of Congress at 89. She had been under pressure to resign in recent years and had pushed back on lawmakers’ accounts that her memory had deteriorated. “I am announcing today I will not run for re-election in... https://www.scmp.com/news/world/united-states-canada/article/3210253/trailblazing-us-senator-dianne-feinstein-89-will-not-seek-re-election?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3210253/trailblazing-us-senator-dianne-feinstein-89-will-not-seek-re-election?utm_source=rss_feed Wed, 15 Feb 2023 04:31:38 +0000 Apple’s recent removal of Damus, a decentralised social media platform built on an open protocol backed by Twitter co-founder Jack Dorsey, from its China App Store for violating domestic cybersecurity laws came as no surprise at all, according to the developer behind the new app’s technology. “I think it was to be expected, although it didn’t occur to me because I wasn’t actively aware of the extent of the Great Firewall,” the creator of the internet open protocol Nostr, who goes by the handle... https://www.scmp.com/tech/policy/article/3209265/apples-removal-damus-social-media-platform-china-app-store-was-expected-developers-amid-beijings?utm_source=rss_feed https://www.scmp.com/tech/policy/article/3209265/apples-removal-damus-social-media-platform-china-app-store-was-expected-developers-amid-beijings?utm_source=rss_feed Mon, 06 Feb 2023 13:30:13 +0000 Twitter announced on Sunday it would no longer allow users to promote their accounts on a host of social media platforms including Facebook and Instagram – the latest policy change by the company under its controversial new owner Elon Musk. The move – which also affects Mastodon, Post and Truth Social as well as third-party social media link aggregators such as linktr.ee and ink.bio – comes after users started encouraging their followers to view their posts elsewhere, amid the sea changes at... https://www.scmp.com/news/world/united-states-canada/article/3203757/twitter-ban-users-posting-links-rival-social-media-platforms?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3203757/twitter-ban-users-posting-links-rival-social-media-platforms?utm_source=rss_feed Sun, 18 Dec 2022 20:48:04 +0000 Elon Musk heralded the release of Twitter executive emails that explore some of the internal debate at the social network over a controversial decision in 2020 to restrict access to a New York Post article about a laptop purportedly owned by Hunter Biden. Writer Matt Taibbi posted a series of tweets and images of what he said were leaked internal Twitter messages and emails, without saying how he obtained them. Billionaire Musk, who took over Twitter in late October, earlier this week began... https://www.scmp.com/news/world/united-states-canada/article/3201941/elon-musk-hails-release-internal-twitter-emails-linked-hunter-biden-laptop-story?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3201941/elon-musk-hails-release-internal-twitter-emails-linked-hunter-biden-laptop-story?utm_source=rss_feed Sat, 03 Dec 2022 07:40:51 +0000 Twitter co-founder and former CEO Jack Dorsey apologised to company staff on Saturday for growing the social media giant “too quickly” a day after roughly half of the company’s 7,500 employees were fired by new owner Elon Musk. “I realise many are angry with me,” wrote Dorsey, who co-founded Twitter in 2006 and stepped down as CEO last year. “I own the responsibility for why everyone is in this situation: I grew the company size too quickly. I apologise for that,” he said on Twitter. Many... https://www.scmp.com/news/world/united-states-canada/article/3198596/ex-twitter-ceo-apologises-staff-after-massive-layoffs-un-chief-urges-elon-musk-respect-human-rights?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3198596/ex-twitter-ceo-apologises-staff-after-massive-layoffs-un-chief-urges-elon-musk-respect-human-rights?utm_source=rss_feed Sat, 05 Nov 2022 22:03:47 +0000 Rihanna’s last album release was Anti in 2016. Since then, fans of the 34-year-old pop icon have been eagerly anticipating new music, but it’s been over half a decade without any news. But the long wait for Rihanna’s ninth album – dubbed “R9” by fans – might be coming to an end. The NFL confirmed on September 25 that “Bad Gal Riri”, as per her Instagram handle, will finally be making her comeback as a singer during the Super Bowl halftime next year. The news came after much speculation over who... https://www.scmp.com/magazines/style/celebrity/article/3194404/whats-rihanna-been-and-why-isnt-she-releasing-music-set?utm_source=rss_feed https://www.scmp.com/magazines/style/celebrity/article/3194404/whats-rihanna-been-and-why-isnt-she-releasing-music-set?utm_source=rss_feed Fri, 30 Sep 2022 16:10:08 +0000 Twitter Inc. is launching an edit button for the first time, after years of debate both internally and externally as to whether such a feature was a good idea for a product known for making posts go viral. The edit feature will soon be available to users who pay US$4.99 per month for a subscription to Twitter Blue. Edit Tweet, as the feature will be called, will let users make changes to their tweet for up to 30 minutes after it’s originally published. Tweets that are edited will carry a label,... https://www.scmp.com/news/world/article/3191043/twitter-finally-launches-edit-button-paying-subscribers-months-after?utm_source=rss_feed https://www.scmp.com/news/world/article/3191043/twitter-finally-launches-edit-button-paying-subscribers-months-after?utm_source=rss_feed Thu, 01 Sep 2022 15:00:17 +0000 A whistle-blower’s complaint alleging Twitter Inc ignored a rash of spam and bot accounts could help Elon Musk in his effort to walk away from a US$44 billion buyout of the social-media platform, legal experts say. Peiter Zatko, Twitter’s ex-head of security, alerted US authorities to “egregious deficiencies” in the company’s defences against hackers, according to his complaint. Zatko, fired from Twitter earlier this year, said he raised concerns about the bots in early 2021 and was told by the... https://www.scmp.com/tech/big-tech/article/3189958/twitter-whistle-blower-could-give-elon-musk-boost-abandoning-his?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3189958/twitter-whistle-blower-could-give-elon-musk-boost-abandoning-his?utm_source=rss_feed Wed, 24 Aug 2022 02:13:21 +0000 Twitter misled users and US regulators about “extreme, egregious” gaps in its online protections, the platform’s ex-security chief claimed in whistle-blower testimony that could impact the court fight over Elon Musk’s buyout bid. Peiter Zatko’s complaint, which was published on Tuesday by US media, also accused Twitter of significantly underestimating the number of fake and spam accounts – a key element in Musk’s argument for trying to cancel his US$44 billion deal to own the platform. CNN and... https://www.scmp.com/news/world/united-states-canada/article/3189942/twitters-ex-security-chief-accuses-company-hiding?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3189942/twitters-ex-security-chief-accuses-company-hiding?utm_source=rss_feed Tue, 23 Aug 2022 17:27:01 +0000 Elon Musk subpoenaed Jack Dorsey, co-founder of Twitter Inc. and his long-time friend, in his defence against the social media company’s lawsuit to make him complete his proposed US$44 billion buyout. Dorsey, who stepped down as Twitter’s chief executive officer last year, has been an energetic booster of Musk’s bid for the company, tweeting in April that Musk was the “singular solution I trust” to take over. The subpoena follows a pair filed on Friday for Kayvon Beykpour, former head of... https://www.scmp.com/news/world/united-states-canada/article/3189822/elon-musk-subpoenas-ex-twitter-ceo-and-long-time?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3189822/elon-musk-subpoenas-ex-twitter-ceo-and-long-time?utm_source=rss_feed Tue, 23 Aug 2022 00:31:59 +0000 There is a saying that if one day you walk out the front door and everybody in the world seems crazy, perhaps you are the crazy one. That is how I have felt lately to some degree as people are bidding top dollar for digital collectibles and joining virtual memberships to buy ape icons. I wonder if I am missing out. That was until Twitter co-founder Jack Dorsey’s first tweet went up for auction in April. After being bought by crypto entrepreneur Sina Estavi as an NTF (non-fungible token) for... https://www.scmp.com/comment/opinion/article/3189446/are-nft-artworks-and-collectibles-worthy-all-hype?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3189446/are-nft-artworks-and-collectibles-worthy-all-hype?utm_source=rss_feed Sun, 21 Aug 2022 03:45:17 +0000 Elon Musk’s tumultuous US$44 billion bid to buy Twitter is on the verge of collapse – after the Tesla CEO sent a letter to Twitter’s board on Friday saying he is terminating the acquisition. The chair of Twitter’s board, Bret Taylor, tweeted on Friday that the board is “committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.” Twitter... https://www.scmp.com/news/world/united-states-canada/article/3184696/elon-musk-says-hes-terminating-us44-billion-twitter?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3184696/elon-musk-says-hes-terminating-us44-billion-twitter?utm_source=rss_feed Fri, 08 Jul 2022 21:53:41 +0000 Dewey Sim Dewey Sim In June, Hypertainment, an events company that organises pop-up parties in Singapore, introduced cryptocurrency as a payment option for its customers for the first time. The move, director Adrian Tan explained, was driven by his belief that the city state’s nightlife industry should be at the forefront of adopting new technologies. “We adopted e-ticketing for all our events pre-pandemic so e-payments and paperless transactions are not foreign to our attendees,” he said. “With the introduction of... https://www.scmp.com/week-asia/economics/article/3183790/why-crypto-fans-singapore-malaysia-and-elsewhere-are-upbeat?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3183790/why-crypto-fans-singapore-malaysia-and-elsewhere-are-upbeat?utm_source=rss_feed Sat, 02 Jul 2022 01:00:19 +0000 Kate Berbano Kate Berbano It’s not every day that a person loses US$6 billion, so when Michael J. Saylor did exactly that in the 2000s at the height of the internet bubble, he definitely made a name for himself. Two decades later though, the 57-year-old CEO and co-founder of business software firm MicroStrategy has ridden the roller coaster all the way back up again. He did so by staking his company’s future on bitcoin – showing even more passion for the world’s biggest cryptocurrency than such tech visionaries as Elon... https://www.scmp.com/magazines/style/celebrity/article/3182108/who-bitcoin-billionaire-michael-saylor-microstrategy-ceos?utm_source=rss_feed https://www.scmp.com/magazines/style/celebrity/article/3182108/who-bitcoin-billionaire-michael-saylor-microstrategy-ceos?utm_source=rss_feed Sun, 19 Jun 2022 14:00:19 +0000 Last month, after Elon Musk said he would acquire Twitter, a Finnish cryptocurrency developer named Stani Kulechov tweeted a joke saying he was selected as Twitter’s interim chief executive officer. Then Twitter briefly suspended his account. On Wednesday, Kulechov will deliver his response: He built a rival social network based on blockchain technology, which will become available for anyone to access for the first time. The network, Lens Protocol, allows people to post and follow but differs... https://www.scmp.com/tech/tech-trends/article/3178297/crypto-based-twitter-alternative-lens-protocol-addresses-problems?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3178297/crypto-based-twitter-alternative-lens-protocol-addresses-problems?utm_source=rss_feed Thu, 19 May 2022 03:45:19 +0000 Billionaire Elon Musk said on Tuesday he would reverse Twitter’s ban on former US president Donald Trump when he buys the social media platform, the clearest signal yet of Musk’s intention to cut moderation of the site. Musk, the world’s richest person and chief executive of electric vehicle maker Tesla Inc, has signed a US$44 billion deal to buy Twitter. He has called himself a “free speech absolutist”, but given few specific details of his plans. Musk is expected to become Twitter’s temporary... https://www.scmp.com/news/world/united-states-canada/article/3177249/elon-musk-says-he-would-reverse-twitter-ban-donald?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3177249/elon-musk-says-he-would-reverse-twitter-ban-donald?utm_source=rss_feed Tue, 10 May 2022 19:21:28 +0000 A lawsuit filed by former US president Donald Trump seeking to reinstate his banned Twitter account was tossed out on Friday by a federal judge in California. The suit’s argument that Twitter had “censored” Trump in violation of free speech rights was weak, since the First Amendment bars government bodies – not private businesses – from interfering with what citizens say, the judge said in his ruling. “The amended complaint does not plausibly allege a First Amendment claim against Twitter,” US... https://www.scmp.com/news/world/united-states-canada/article/3176861/us-judge-dismisses-donald-trumps-lawsuit-against?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3176861/us-judge-dismisses-donald-trumps-lawsuit-against?utm_source=rss_feed Sat, 07 May 2022 01:23:41 +0000 Elon Musk is expected to become Twitter’s temporary CEO after closing his US$44 billion takeover of the social-media firm, a person familiar with the matter said on Thursday, as the billionaire inches closer to securing funds for the deal. Musk, the world’s richest man, is also the CEO at Tesla Inc and heads two other ventures, The Boring Company and SpaceX. Tesla shares dropped over 8 per cent on Thursday, as investors fretted that Musk’s involvement with Twitter could distract him from running... https://www.scmp.com/tech/big-tech/article/3176710/elon-musk-expected-lead-twitter-temporarily-after-us44-billion?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3176710/elon-musk-expected-lead-twitter-temporarily-after-us44-billion?utm_source=rss_feed Fri, 06 May 2022 03:28:58 +0000 Xinmei Shen Xinmei Shen As global fervour for cartoon avatar non-fungible tokens (NFTs) cools, more companies are betting on video gaming as the NFT market’s next potential growth driver even though some analysts have questioned the sustainability of such a business model. Magic Eden, a marketplace for NFTs based on the Solana blockchain, is hoping that US$27 million of fresh funding raised last month will help “supercharge” the company’s next phase of growth, and “a lot of that is through pushing into gaming,”... https://www.scmp.com/tech/tech-trends/article/3174925/interest-cartoon-avatars-cools-operators-are-looking-nft-based?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3174925/interest-cartoon-avatars-cools-operators-are-looking-nft-based?utm_source=rss_feed Thu, 21 Apr 2022 00:00:23 +0000 Billionaire entrepreneur Elon Musk kept investors in the dark this weekend, floating a cryptic tweet with the word “tender”, a likely wink-and-nod reference to a potential tender offer to Twitter Inc shareholders for control of the company. The world’s richest person caused a stir last week after he filed a US$43 billion proposal offering US$54.20 a share for the social network, which led Twitter to adopt a so-called poison-pill provision on Friday to make it harder for Musk or a group of... https://www.scmp.com/tech/big-tech/article/3174608/elon-musk-channels-elvis-love-me-tender-tweet-baffling-investors-amid?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3174608/elon-musk-channels-elvis-love-me-tender-tweet-baffling-investors-amid?utm_source=rss_feed Mon, 18 Apr 2022 02:04:38 +0000 Tesla CEO Elon Musk has offered to buy Twitter outright, saying the social media platform “needs to be transformed” from his perspective as a self-identified free speech absolutist. Twitter Inc. said in a regulatory filing on Thursday that Musk, currently the company’s biggest individual shareholder, has proposed buying the remaining shares of Twitter that he does not already own at US$54.20 per share, an offer worth more than US$43 billion. Musk called that price his best and final offer,... https://www.scmp.com/news/world/united-states-canada/article/3174333/elon-musk-offers-buy-twitter-outright-us413-billion?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3174333/elon-musk-offers-buy-twitter-outright-us413-billion?utm_source=rss_feed Thu, 14 Apr 2022 17:35:44 +0000 Many so-called night people feel that, when it comes to society’s expectations about when the workday should start, they drew the short straw. Research shows that “night owls” are hard-wired to sleep later, yet nine-to-five work schedules force them to wake up early. Research also has shown that conventional timetables leave them vulnerable to physical and mental health issues. “It is harder for night owls to function in the world because they’re out of sync with the conventional schedule,” said... https://www.scmp.com/lifestyle/health-wellness/article/3173998/working-home-during-pandemic-may-have-improved-night-owls?utm_source=rss_feed https://www.scmp.com/lifestyle/health-wellness/article/3173998/working-home-during-pandemic-may-have-improved-night-owls?utm_source=rss_feed Tue, 12 Apr 2022 23:15:22 +0000 “Look, here’s the thing about being rich, it’s like being a superhero, only better. You get to do what you want. The authorities can’t really touch you. You get to wear a costume, but it’s designed by Armani and it doesn’t make you look like a prick.” Could Tom Wambsgans (Matthew McFadyen’s obsequious, money-and-power-craving character in the hit show Succession) have summed up life for the 0.1 per cent any better? The Roy family are media moguls trying to adapt to the new tech age, and... https://www.scmp.com/lifestyle/fashion-beauty/article/3173562/elizabeth-holmes-dropout-and-wecrasheds-adam-neumann-show?utm_source=rss_feed https://www.scmp.com/lifestyle/fashion-beauty/article/3173562/elizabeth-holmes-dropout-and-wecrasheds-adam-neumann-show?utm_source=rss_feed Sun, 10 Apr 2022 11:15:21 +0000 Twitter announced on Tuesday, via Twitter, that it is indeed working on an edit feature for tweets. Elon Musk, the billionaire Tesla CEO and power Twitter user who is now the company’s largest shareholder and newly appointed board member, on Monday evening launched a Twitter poll asking users if they wanted an edit button, cheekily misspelling “yes” as “yse” and “no” as “on”. More than 4 million people had voted as of Tuesday evening. Musk also tweeted that he is looking forward to making... https://www.scmp.com/news/world/united-states-canada/article/3173190/twitter-says-working-edit-button-tweets-after-elon?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3173190/twitter-says-working-edit-button-tweets-after-elon?utm_source=rss_feed Tue, 05 Apr 2022 22:52:05 +0000 Chee Yik-wai Chee Yik-wai One of the unintended consequences from the war in Ukraine could be the undermining of US dollar status as the global reserve currency. As sanctions on Russia get tougher, leading to most Russian banks being cut off from the global financial system, some countries could contemplate a geopolitical alternative to the dollar. Some financial analysts have again floated the advantages of a decentralised cryptocurrency such as bitcoin, currently valued at around US$47,000. The likes of Ray Dalio,... https://www.scmp.com/comment/opinion/article/3172225/cryptocurrencies-need-more-russia-sanctions-beat-us-dollar-hegemony?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3172225/cryptocurrencies-need-more-russia-sanctions-beat-us-dollar-hegemony?utm_source=rss_feed Tue, 29 Mar 2022 17:30:20 +0000 The 2021 Hip Hop Cash Kings list is out! This anticipated round-up compiled by former long-time Forbes editor Zack O’Malley Greenberg outlines the highest-earning hip hop artists annually. In this latest list, there’s a mix of familiar faces and unexpected surprises. Billionaire rapper Kanye “Ye” West was topped by Jay-Z in first place, who raked in US$470 million in 2021, according to the list. While most of them get their sweet earnings from savvy businesses or endorsements, Eminem has... https://www.scmp.com/magazines/style/celebrity/article/3170150/highest-earning-rappers-year-net-worths-ranked?utm_source=rss_feed https://www.scmp.com/magazines/style/celebrity/article/3170150/highest-earning-rappers-year-net-worths-ranked?utm_source=rss_feed Sat, 12 Mar 2022 17:00:28 +0000 In the last few years, the rise of the brave – and slightly bewildering – new world of the blockchain has brought us such things as cryptocurrencies and now, non-fungible tokens. For those not in the know, these tokens act as a kind of digital ledger giving proof of ownership and have taken the world by storm thanks to major involvement from auction houses like Sotheby’s and Christie’s. Entrepreneurs, and even professional athletes and celebrities, have piled in and all this has caused demand... https://www.scmp.com/magazines/style/celebrity/article/3170169/which-celebrities-have-most-valuable-nft-portfolios-jay-z?utm_source=rss_feed https://www.scmp.com/magazines/style/celebrity/article/3170169/which-celebrities-have-most-valuable-nft-portfolios-jay-z?utm_source=rss_feed Fri, 11 Mar 2022 17:00:14 +0000