Yes, Twitter has a rival, and the thing people are appreciating more about it, is its decentralization. The rival microblogging platform competing against twitter is “Nostr”. The platform has been endorsed by co-founder and former CEO of Twitter, Jack Dorsey. The goal is to create an anti-censorship social network that aims to be accessible to everybody around the globe. Nostr is already launched on the Apple App Store and Google Play Store.
Twitter CEO Elon Musk has decided to make his twitter account private for a day. The tech billionaire informed his followers that he will be making his account private to see if there is any change in his account’s reach.
The tech giant is set to cut 18,000 jobs. The announcement is the most significant among recent layoffs that have impacted the US tech industry. After announcing just 8,000 layoffs in November 2022, Amazon has increased the toll to 18,000. The recent job cuts are the largest downsizing plan so far.
Twitter has deleted a feature that has been showing suicide prevention hotlines and other safety options to users searching on the platform. It has caused some to worry about the vulnerable users on twitter. However, according to Musk, since he took charge in October, the number of damaging content impressions or views has decreased.
Twitter lifted its ban on several journalists it recently banned. The Washington Post, CNN, and the New York Times each had reporters who were banned from accessing the platform. The journalists were banned when they shared location data of Elon Musk. The ban was lifted after the second poll Musk conducted. 59% of 3.6 million participants chose to lift the restriction right away.
Donald Trump was banned from the platform on 6 January 2021 when a mob of his supporters charged on the Capitol Building in Washington, D.C. He was banned due to inciting violence after he lost the 2020 elections. Donald Trump had 88 million followers before he was banned from the platform.
Musk, after successfully taking over Twitter for $44 billion is now cutting the 7,500 staff workforce as part of his restructuring.
After lengthy back & forth, Elon Musk was finally forced to purchase a declining company for $44 Billion, Now He is in charge to make it profitable.
Amazon is freezing its hiring while Lyft is laying off 700 workers, accounting for 13% of its employees. The news add to concerns that the tech labor market is cooling as the Federal Reserve continues slowing down the global economy.
Meta is picking a fight with Apple once again after the latest App Store policy updates.
Meta, Facebook’s parent company, is planning on selling Giphy just 2 years after it purchased it due to the UK competition watchdog ordering Meta to do so.
Today, the social network Twitter made the announcement that it will incorporate podcasts into its platform as part of the revamped Spaces tab. Twitter is now formally entering the podcast industry.
