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“Get over your X” – Twitter fans blast Musk

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Elon Musk faced criticism on social media after announcing Twitter’s rebranding decision, replacing its iconic blue bird logo with a generic-looking “X” logo

The move, which took place suddenly, sparked humorous and sarcastic responses from users. Some poked fun at the resemblance of the new “X” logo to the close icon on a computer screen.

While some users were light-hearted in their remarks, others were more critical. Gary Black, co-founder of Future Fund and a noted Tesla supporter, questioned the logic behind the rebrand, expressing concern about losing the brand equity associated with the little blue bird. Musk’s decision was seen as another controversial move in his attempts to regain advertisers and reverse revenue losses since acquiring the platform.

The “X” rebranding comes amidst a significant challenge from Meta-owned Threads, a text-based social media app that has gained millions of users since its recent launch. Musk has been vocal about his vision for an all-encompassing “super app” like China’s WeChat, which offers various services, including payments and ride-sharing.

Twitter CEO Linda Yaccarino defended the rebrand, describing “X” as the future of unlimited interactivity, powered by AI, and transforming the global town square. However, Musk’s decision to rebrand Twitter had been hinted at for months, given his earlier statements about using the platform as an “accelerant to creating X, the everything app.”

Amidst the criticism, Musk seemed unfazed and even welcomed negative feedback, stating it was preferable to censorship. The future impact of this rebrand remains to be seen, as the social media landscape continues to evolve with new challenges and contenders.

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Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

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U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


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Starmer under strain as leadership rumours grow

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.

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Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.


UK Prime Minister Keir Starmer faces mounting internal pressure amid talk of a leadership challenge and economic strain ahead of the Autumn Budget.

Chancellor Rachel Reeves’ looming tax decisions and Starmer’s sinking approval ratings are fuelling speculation across Westminster.

#UKPolitics #KeirStarmer #LabourParty #RachelReeves #AutumnBudget #LeadershipChallenge #BritishPolitics #Westminster #Economy #UKNews


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SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

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SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.


SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence


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