Tag: Elon Musk
Tech Digest daily roundup: FTX owes 50 largest creditors nearly $3.1 billion
Cryptocurrency exchange FTX owes its 50 largest creditors almost $3.1bn (£2.6bn), according to a court filing. The embattled firm, which filed for bankruptcy in the US last week, says it owes about $1.45bn to its top 10 creditors, but has not named any. The collapse of the world's second largest crypto exchange shook confidence in…
Tech Digest daily roundup: Twitter staff locked out of offices until Monday
Elon Musk has locked Twitter staff out of offices until next week as hundreds of employees reportedly resigned after being given an ultimatum by the billionaire. The closure until Monday was revealed in an email to staff and no reason was given. Hundreds of employees have quit the company after Mr Musk told staff they…
Tech Digest daily roundup: Chinese firm Nexperia told to sell majority stake in UK microchip factory
A Chinese-owned tech company has been told to sell the majority of its stake in a UK silicon chip factory due to security concerns. The government has said Nexperia must reduce its stake in Newport Wafer Fab by 86%, back to its previous holding of just 14% when it took over the firm in 2021,…
Tech Digest daily roundup: NASA Artemis blasts off from Florida
NASA's most powerful rocket ever has launched into space in the first step of a mission to return humans to the moon. The next-generation, multibillion-dollar Space Launch System lifted off from Kennedy Space Center in Florida in the early hours of Wednesday morning, with the Orion spacecraft in tow. It surged off the launch pad…
Tech Digest daily roundup: Amazon unveils Prime Air delivery drone
Amazon has unveiled its newest delivery drone that will soon be dropping packages from 12 feet in the air in two U.S. cities. The retail giant has long wanted to solve the last leg of package delivery, especially since it launched Amazon Prime's Two-Day delivery offering in 2005. Jeff Bezos first announced drone delivery in 2013,…
Tech Digest daily roundup: Twitter Blue Tick move backfires
Twitter's new verification model appears to have backfired after a number of distasteful posts from the seemingly official accounts of famous figures. Previously, the blue tick symbol was reserved for accounts Twitter had vetted and determined to be genuine. But following his takeover, Elon Musk announced that anyone would be able to purchase a tick for…
Tech Digest daily roundup: Twitter Blue goes live in the UK
Twitter Blue, the social media platform’s subscription service that allows users to buy a blue verification badge for the first time, has gone live in the UK. Twitter users on Apple’s iOS can now sign up and pay for the service, which will give them the blue-tick badge next to their profile name on the…
5 Social Media Alternatives to Twitter
As Ryan Reynolds joins Tumblr and new owner Elon Musk bans parody accounts, we look at some alternatives to Twitter including Mastodon and Bluesky… A new study from Financial-World.org has revealed the emerging social media platforms that could soon replace Twitter, as Elon Musk continues to cause controversy among users. Using Google Trends data, the…
Tech Digest daily roundup: Virgin sells stake in Hyperloop
Sir Richard Branson is preparing to sell off Virgin’s stake in a US hyperloop start-up as interest in the technology envisioned by Twitter billionaire Elon Musk fades. A source said Virgin will begin stripping its branding from US business Hyperloop One over the coming weeks and will divest its equity stake at the same time.…
TechDigest daily roundup: Elon Musk ‘no choice’ but to slash Twitter staff
Twitter's new owner Elon Musk says he had "no choice" but to slash the company's workforce as the firm is losing more than $4m (£3.5m) a day. Half of the company's staff are being let go, a week after Mr Musk bought Twitter in a $44bn (£38.7bn) deal. Twitter staff have been using the platform…
