Zuckerberg Posts First Tweet in 11 Years in Threads Jibe at Musk
source link: https://finance.yahoo.com/news/zuckerberg-posts-first-tweet-11-020322989.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Zuckerberg Posts First Tweet in 11 Years in Threads Jibe at Musk
(Bloomberg) -- Mark Zuckerberg posted his first tweet in more than a decade, a playful jab at Elon Musk on the day the Meta Platforms Inc. founder rolled out a much-anticipated Twitter substitute.
Most Read from Bloomberg
Meta’s Instagram officially unveiled Threads Wednesday, considered the most potent threat yet to the struggling social media service Musk owns. Hours later, Zuckerberg tweeted a photo of identical Spider-Men facing off.
Zuckerberg’s tweet was his first since 2012 and comes days after Musk challenged the Meta founder to a cage fight.
Threads is capitalizing on a series of mis-steps at Twitter. Since Musk acquired the company for $44 billion in October, it’s cut thousands of employees, loosened content moderation policies and put users and advertisers through a spate of technical challenges. In the latest controversial policy change, Twitter limited the number of tweets users can view daily — a measure Musk called “temporary” in order to fend off data scrapers and bots.
“There should be a public conversations app with 1 billion-plus people on it,” Zuckerberg said Wednesday in a post on Threads. “Twitter has had the opportunity to do this but hasn’t nailed it. Hopefully we will.”
Most Read from Bloomberg Businessweek
©2023 Bloomberg L.P.
- Fortune
Mark Zuckerberg is trying to disrupt Elon Musk, but maybe he can’t—a new paper on the social media space breaks down 5 key challenges
Meta is launching its Twitter clone, Threads, but social media faces an uncertain future.
6h ago - Bloomberg
Biden Appeal Opens a New Front in Battle Over Internet Speech
(Bloomberg) -- The Biden administration’s battle with Republican-led states over free-speech limits escalated with its appeal of a judge’s sweeping order barring federal officials and agencies from communicating with social media companies over postings they deem objectionable. It’s the latest example of the judiciary flexing its muscles in cases testing the bounds of the First Amendment online.Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to Blame
1h ago - Business Insider
Someone has found what could be the first Magic: The Gathering card worth 7 figures
The "One Ring" trading card has been found. The highly-sought, one of a kind Magic: The Gathering card could be worth over $2 million.
23m ago - Zacks
Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
14h ago - South China Morning Post
Chinese cloud computing services provider UCloud flags risk of securing orders of Nvidia's advanced chips amid high demand, tightened US curbs
Chinese cloud computing services provider UCloud Technology Co said it faces uncertainty in securing advanced semiconductors from Nvidia Corp amid high demand, as tightened US export restrictions on such chips continue to impede China's artificial intelligence (AI) development efforts. Shanghai-based UCloud, which offers infrastructure-as-a-service and AI service platforms to internet firms and traditional enterprises, on Monday told investors that its orders of Nvidia's A800 graphics processing
2d ago - Decrypt Media
Twitter Awarded Three State Money Transmitter Licenses
It's the latest step toward realizing Elon Musk's vision of an "everything app," the Web3 WeChat of the west.
54m ago - Reuters
Argentina to push July IMF debt payments to month-end -source
Argentina will push loan repayments due to the International Monetary Fund (IMF) in July to the end of the month, a person familiar with the matter at the Ministry of Economy said on Wednesday. The payments total $2.6 billion for the month and include $1.3 billion due on Friday. Argentina struck a $44 billion loan deal with the IMF last year to replace a failed 2018 program.
1h ago - Bloomberg
PBOC Extends Yuan Support After Offering Reassuring Rhetoric
(Bloomberg) -- China’s central bank extended support for the yuan via a stronger daily reference rate, a day after its flagship newspaper reassured investors that authorities have sufficient ammunition to stabilize the weakening currency. Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapEarth Keeps Breaking Temperature R
1h ago - Fortune
Twitter’s CEO Linda Yaccarino finally speaks four days into the platform’s meltdown: ‘You need to make big moves’
The CEO stood by Twitter’s controversial new limits on user activity—but her reassurances haven’t entirely smoothed over the situation.
14h ago - Bloomberg
Chinese Builder’s $1.8 Billion Distressed Asset Gets No Bids
(Bloomberg) -- A $1.8 billion project by defaulted Chinese developer Shimao Group Holdings Ltd. failed to find a buyer at a forced auction, underscoring the lack of investment appetite amid a weakening economy. Most Read from BloombergUS Stocks Mixed as Tech Giants Hold Onto Gains: Markets WrapEarth Keeps Breaking Temperature Records Due to Global WarmingXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Ex
22h ago - CoinDesk
Bitcoin No Longer Correlated to U.S. Stocks, Crypto Analytics Firm Block Scholes Says
The 90-day rolling correlation between bitcoin and Nasdaq, S&P 500 is now at the lowest level observed since July 2021, according to data tracked by crypto derivatives analytics firm Block Scholes.
20h ago - Fortune
Mark Zuckerberg just released Threads, Meta’s new rival to Twitter. Here’s how to sign up
“Our vision is that Threads will be a new app more focused on text and dialogue, modeled after what Instagram has done for photo and video,” a spokesperson said.
4h ago - Business Insider
Stop worrying about a recession - jobs are resilient and the Fed will achieve a soft landing, Morgan Stanley's top economist says
The US economy will avoid a recession thanks to a resilient jobs market, the bank's chief global economist Seth Carpenter said.
1d ago - Reuters
Dollar firms on rate hike views after Fed minutes, yen treads water
The dollar was broadly higher on Thursday, after the release of minutes from the Federal Reserve's latest policy meeting cemented market expectations for a rate hike this month. In Asia, the yen hovered near the key 145 per dollar level that spurred intervention by Japanese authorities last September, while a faltering economic recovery in China continued to put downward pressure on the yuan. Minutes of the Fed's June meeting released on Wednesday showed that the vast majority of policymakers expect further tightening in U.S. monetary policy, even as they agreed to hold interest rates steady last month.
1h ago - Bloomberg
Alibaba Gets Home-Province Backing for AI, Digital Economy Plans
(Bloomberg) -- China’s tech giant Alibaba Group Holding Ltd. aims to work with its home province, one of the nation’s wealthiest, to develop artificial intelligence and the digital economy.Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapEarth Keeps Breaking Temperature Records Due to Global WarmingFed Minutes Reveal Div
11h ago - Zacks
Disney's (DIS) Latest Indiana Jones Movie Hits the Right Chord
Disney's (DIS) latest movie -- Indiana Jones and the Dial of Destiny -- captured audience attraction with an impressive opening weekend gross of $130.6 million.
15h ago - Barrons.com
Meta Threads Is a Real Twitter Threat. Here’s Why.
If history is any guide, the new microblogging app from Facebook could win its fair share of Twitter refugees.
6h ago - Fortune
Meta’s targeted ads disaster is also a problem for Google
Google may also find itself unable to do cross-platform user tracking in Europe without real consent.
11h ago - The Telegraph
Meta unveils 'Twitter-killer' app Threads
Meta has officially launched its rival to Twitter, offering users an alternative to the social media platform owned by billionaire Elon Musk.
2h ago - Engadget
Sphere testing its giant LED video dome in Las Vegas
The Venetian Resort has started testing a massive 16K sphere that will define the most lavish concert venue in Las Vegas.
1d ago - Zacks
Microsoft's (MSFT) Xbox and Game Pass Celebrate Anime Month
Microsoft's (MSFT) Xbox and Xbox Game Pass are embracing the world of anime with a special celebration dedicated to this popular form of entertainment.
15h ago - Zacks
Netflix (NFLX) Expands Portfolio With The Burning Body Launch
Netflix (NFLX) recently announced that its highly anticipated miniseries, The Burning Body, is set to premiere on Sep 8.
15h ago - Reuters
Canada's Quebecor to pull its ads from Facebook, Instagram
The "Online News Act", or House of Commons bill C-18, introduced in April last year laid out rules to force companies such as Meta and Alphabet-owned Google to negotiate commercial deals and pay news publishers for their content. Google and Meta previously said they would block access to news articles in Canada if the legislation is passed.
16h ago - Engadget
Facebook will need permission to show personalized ads in the EU
Facebook will have to get your consent before it shows some personalized ads in the EU.
2d ago - The Wall Street Journal
Meta’s Facebook Faces Fresh Threat to Sending Personalized Ads in EU
The surprise ruling could short-circuit the platform’s legal efforts to protect its ad-based business model on the continent.
2d ago - Engadget
Twitter quietly backtracks on requiring users to log in to see tweets
Several days after Twitter stopped showing tweets to logged-out users, that basic functionality seems to be returning.
13h ago - Barrons.com
ChatGPT’s Traffic Drops 9.7% in June. It’s the First Decline Since the Launch.
The OpenAI chatbot has more than 1.5 billion visits a month. Its rapid growth has sparked a surge of interest in generative artificial-intelligence products.
10h ago - Fortune
A 39-year-old CEO who was Harvard Law’s youngest-ever grad earned over $100 million in pay last year—more than Apple’s Tim Cook
Kiwi Camara earned $110 million in pay last year as CEO of CS Disco, a legal tech company worth just $500 million.
16h ago - TipRanks
‘Load Up,’ Says Raymond James About These 2 ‘Strong Buy’ Stocks
Have the markets reached the exuberant stage? Bullish sentiment has been the order of the day for a while, and the S&P 500 currently sits at 4,455, reflecting year-to-date gains of 16%. By now, the index has already surpassed the year-end target of 4,400 set by Raymond James’ chief investment officer, Larry Adam. This achievement serves as a bit of vindication for Adam. He went against the prevailing sentiment at the start of the year, which, if you recall, was decidedly bearish due to the downb
1d ago - Barrons.com
Car Payments Are Too Expensive but Relief Could Be on the Way
In the second quarter, 17.1% of people who are financing a vehicle purchase are paying more than $1,000 a month, a record. Rates could ease soon, however, as the Fed is closer to ending hikes.
12h ago - Fortune
Silver coins, promised profits, and an empty vault: How a silver dealer’s slow theft of investors’ precious American Eagle coins ended in a $146m fine
Accountants who checked the inventory in the vaults said some customers didn't even have a deposit box.
2d ago - Investor's Business Daily
The Ultimate Warren Buffett Stock Is In A Buy Zone, But Should You Buy It?
Berkshire Hathaway is the ultimate Warren Buffett stock. It is near an entry but is it a good buy? Here's what earnings and charts show for Berkshire stock.
8h ago - Business Insider
Over half a million silver coins just vanished – now the metals dealer behind the 'fraudulent' scheme must pay $146 million
A precious metals dealer has been asked to pay $146 million in damages after over 500,000 silver coins disappeared. Robert Higgins ran a "fraudulent and deceptive scheme", says the CFTC.
1d ago - Business Insider
Stocks could crash 25% with Fed rate hikes set to trigger a recession before the end of 2023, strategist says
The economy "will soon be one of the biggest threats to equity prices," FS Investments' Troy Gayeski said.
10h ago - Reuters
PwC work suspended by $77 billion Australian pension fund
SYDNEY (Reuters) -Australia's fourth largest pension fund suspended new work with PwC Australia on Tuesday, the latest in a string of funds to pause work with the accounting firm over a scandal which first surfaced in January over the misuse of government tax plans. The decision by UniSuper, which manages A$115 billion ($77 billion), means five of Australia's largest pension funds, managing a total of some A$865 billion, have paused work with PwC, which says it is a "leading adviser" to the sector. UniSuper said it was concerned by recent events at PwC and the fund had suspended new contracts for the "immediate future".
2d ago - Yahoo Finance
Homeowners in DeSantis’s Florida face a costly and unique problem
Florida homeowners insurance is the costliest in the nation--and going higher. Critics say Florida governor Ron DeSantis should do more to fix the problem instead of campaigning for president.
6h ago - Business Insider
Meet the Wall Street scaremongers who were totally wrong about an 'imminent recession'
Wall Street fearmongers keep warning that a recession and stock market crash are just around the corner. It's time to start ignoring them.
10h ago - Business Insider
5 reasons investors should start preparing for stock market losses
Goldman Sachs warned that a potential recession could send the S&P 500 to 3,400, representing potential downside of more than 20%.
3h ago - Investor's Business Daily
Is Palantir Stock A Buy On Its Artificial Intelligence Prospects?
Will generative artificial intelligence boost Palantir stock in the commercial market amid slowing revenue growth for the company?
15h ago - Investopedia
Which Mutual Funds Pay the Highest Dividends?
Learn about which types of mutual funds pay the highest dividends, including how dividend stock and bond funds generate the highest dividend yields.
1d ago
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK