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European Union threatens to shut down Twitter

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2 years ago

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The European Union has threatened to shut down Twitter unless Elon Musk follows its guidelines for content moderation.

Musk was told that Twitter risked breaking the EU’s Digital Services Act, the law that establishes the global standard for how Big Tech must regulate content on the Internet.

The tech billionaire was advised of a number of requirements for the company to follow, including giving up the practice of restoring banned users in an arbitrary manner and combatting misinformation.

Under the law, Twitter may be subject to a ban across Europe or fine of up to six percent of worldwide revenue.

The EU Commissioner in charge of digital regulations, issued the news to Musk personally via video chat.

Meanwhile is the frosty relationship between Elon Musk and Apple over? Musk has tweeted this image saying:

Thanks Tim Cook for taking me around Apple’s beautiful HQ.

Musk has hit out at Apple this week after the tech giant removed ads from Twitter.

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Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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What to expect for IPO markets

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2 days ago

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September 13, 2024

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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ASX positioned for strong start after positive stock rebound

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4 days ago

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September 10, 2024

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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Elon Musk is projected to become the world’s first trillionaire

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5 days ago

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September 9, 2024

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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