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Twitter

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Elon Musk says new Twitter chief has been hired

Elon Musk has announced that he has hired a new CEO to replace him at Twitter and its parent company, X Corporation. Musk’s running of Twitter has faced criticism, and he plans to transition to the role of executive chair and chief technology officer. The move comes after an unscientific Twitter poll in which the majority voted for Musk to step down as CEO.

Musk says inactive Twitter accounts being purged

Elon Musk announced that Twitter is cancelling inactive accounts, aiming to boost engagement and monetization. The move follows Musk’s efforts to make changes to the platform, including eliminating staff and free verification check marks, which have faced criticism from users and advertisers. Revenues have declined as advertisers shy away from Twitter, while Musk has relaxed content moderation since acquiring the company.

Canada public broadcaster CBC quits Twitter over ‘government-funded’ label

Canadian public broadcaster CBC and its French-language version Radio-Canada are quitting Twitter due to the government-funded label questioning their editorial independence. Following NPR and the BBC, CBC and Radio-Canada stated that Twitter’s “government-funded media” tag is false and deceptive as their editorial independence is protected under Canadian broadcasting law. They will pause their corporate Twitter account and all CBC and Radio-Canada news-related accounts. The broadcaster urged Canadians to follow it on other social media.

After backlash, Twitter now calls NPR — and BBC — ‘government-funded’

Twitter has reversed its decision to label US radio network NPR as “state-affiliated media” after complaints that the term was inaccurate and disparaging. Instead, the social media giant has now labelled the organization “government-funded.” Elon Musk’s social media network also applied the same label to the BBC, leading the British broadcaster to seek clarification from Twitter. The decisions will limit the reach of tweets from both organizations, according to Twitter policy.

Cryptocurrency surges as Musk changes Twitter logo to ‘meme dog’

Elon Musk changed the Twitter logo to a Shiba Inu dog associated with the meme-inspired cryptocurrency, Dogecoin, causing the price to surge over 20%. Despite being sued for promoting the volatile coin, Musk has used his 133 million followers to promote himself and humorously pump up the value of the cryptocurrency.

Elon Musk puts Twitter’s value at just $20 billion

Elon Musk values Twitter at $20 billion, less than half of the $44 billion he paid for it five months ago, according to an internal email. Musk said the platform was on the verge of bankruptcy and faced grave financial difficulties, with a drop of $1.5 billion a year in revenue and a debt-servicing burden of the same amount. Musk plans to allow Twitter employees to cash in shares every six months and sees a “clear but difficult path” to a valuation of $250 billion.

Honduras to start diplomatic ties with China, in blow to Taiwan

Honduras will establish diplomatic ties with China, severing longstanding official ties with Taiwan, according to President Xiomara Castro. Honduras is one of only 14 countries that officially recognize Taiwan, a self-ruled island that China considers part of its territory. The switch comes weeks after the Honduran government announced it was negotiating with China to build a hydroelectric dam.

Twitter admits ‘massive’ outage as woes continue

Twitter suffers a brief outage as users worldwide report they couldn’t read links to articles from outside websites. The breakdown was fixed within an hour, but experts say Twitter is running on a skeleton staff, leaving the platform vulnerable to outages as well as disinformation and harmful content given the fewer numbers to keep the site up and running.

‘Someone else’ could be running Twitter this year, says Musk

DUBAI, UNITED ARAB EMIRATES — Twitter boss Elon Musk said Wednesday that…