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Insider
11h
86
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Did you need another reminder that Donald Trump watches TV? Here you go.
- Donald Trump has nominated Fox News host Pete Hegseth as defense secretary.
- The nomination has surprised some military leaders and Washington insiders.
- Trump has a history of hiring people he sees on TV or who 'look the part'.
- Elon Musk's influence through Twitter and as the owner of Twitter is also noteworthy.
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TechJuice
1d
330
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Bluesky Attracts 700,000 Users in a Week Following US Election
- Bluesky, the decentralized social media platform, has gained 700,000 new users within a week after the US election.
- The surge in membership is attributed to users seeking alternatives to X (formerly Twitter) due to misinformation and far-right content.
- Bluesky's user base has grown to over 14.5 million, making it the second most popular free social networking app in the US.
- The platform is praised for effective content moderation and attracting those disillusioned with Twitter's current state.
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Insider
2d
66
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Is this going to be a Twitter presidency or a TV one?
- Donald Trump will be president again and Elon Musk, one of his biggest backers, owns Twitter. So does this mean Twitter could be more important in Trump 2.0 era? Probably, but remember that Trump used Twitter as an output device, not an input device.
- It was interesting to see the campaign for the next Senate majority leader play out on Twitter over the weekend, with conservative leaders, including Tucker Carlson and Charlie Kirk, weighing in on the platform, as well as Musk and Trump.
- Twitter has already taken a rightward turn under Musk's ownership. And as long as Musk is aligned with Trump, Twitter users will see a lot of content favoring Trump. But does Donald Trump know or care about what's happening on Twitter?
- Trump famously loved Twitter during his first term in office. But he was using it like a remote control, to program the media's coverage and reality itself. Trump 1.0 was a president who understood that digital media was important. But he was first and foremost a president who came of age in the 1970s and 1980s, and his media diet reflected that: print newspapers and magazines, which he would scribble notes on using a sharpie, and above all else, TV.
- The TV landscape has continued to bleed money and audience, while mediums like podcasts, YouTube, and TikTok are ascendant, and Trump and his campaign spent a significant amount of time and effort on these platforms.
- Trump is approaching 80 and played songs from 1978 at his rallies. It's possible that he has changed his media diet and now frequents online platforms more than before, but his habit of calling around to friends and associates for opinions remains unchanged.
- It's important to note that what's happening on Twitter or anywhere online can still influence how those who influence Trump think. But even they pay attention to TV, at least TV clips on the internet.
- Musk spent part of his Sunday using Twitter to criticize 'Saturday Night Live,' just like Trump used to do. While it's too early to predict exactly how Trump's second term will play out, it's unlikely that Donald Trump, TV guy, transforms into Donald Trump, Twitter guy.
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Insider
7d
8
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What mattered more to Trump: Musk's money, or Musk's platform?
- Elon Musk bought Twitter for $44 billion in 2022.
- Since then, Musk has turned Twitter into a Donald Trump campaign tool.
- It is still uncertain how much Musk's support mattered, whether through Twitter or financial contributions.
- However, Trump values Musk's support and considers it important.
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Insider
7d
316
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What is Elon Musk's net worth? Find out the wealth of the Tesla, SpaceX CEO
- Elon Musk's net worth is currently estimated to be $264 billion and is largely dependent on the performance of Tesla shares. He often vies for the title of the world's richest person with other billionaires like Jeff Bezos and Mark Zuckerberg. Musk became a millionaire before he was 30, after selling his startup Zip2 for over $300 million. He later co-founded online bank X.com, which became PayPal and was acquired by eBay for $1.5 billion. Musk took home around $165 million in the sale. Musk's fortunes have fluctuated over the years, and his estimated net worth reached a peak of $340 billion in November 2021. Musk also owns Twitter and The Boring Company, among other things.
- Tesla is the largest source of Musk's wealth and takes no salary there. Instead, Musk is awarded stock options when the car manufacturer meets challenging performance metrics. Close to half of his wealth is estimated to come from Tesla shares, with over 20% coming from SpaceX stock.
- Musk's 2020 wealth increased rapidly due to Tesla's soaring stock prices during the pandemic. His fortunes were also aided by the rocketing prices of other shares he owns. Musk's wealth, however, has been changeable, primarily related to the ups and downs of Tesla stocks.
- Musk's estimated net worth at the outset of 2020 was almost $30 billion, but just a year later, in early 2021, it had risen to around $170 billion, a five-fold increase in a year.
- Musk's net worth is closely tied to Tesla shares. He has a 100% at-risk performance reward in place, and as a result, he is only compensated when Tesla and all its shareholders do exceptionally well. This helped Musk climb Forbes' Billionaires List in 2012 with an estimated wealth of $2 billion.
- Musk also co-founded SpaceX, a space-exploration firm, and served as its chairman. Musk's net worth reportedly plummeted by $15 billion following the unveiling of Tesla's robotaxi lineup during the 'We, Robot' day on October 10, 2022. In contrast, when Tesla's stock surged by 22% after its earnings beat in November 2022, his net worth increased by around $30 billion.
- Musk's other ventures include tunnel-digging business, The Boring Company, and neurotechnology startup, Neuralink. Musk bought Twitter for $44 billion in October 2022 but stepped down from the CEO position in June 2023.
- Musk is dependent on only compensation such as the 100% at-risk performance reward model for Tesla. Around 20% of his net worth comes from SpaceX stock while the rest is made up of miscellaneous liabilities along with shares of Twitter and The Boring Company.
- Musk's net worth has been on the rise since 2020 and reached its peak of around $340 billion in November 2021. However, the fortunes of his companies, especially Tesla, may impact his overall wealth in the future.
- In 2018, a 10-year performance award for Musk was announced by Tesla, which meant that he would receive no guaranteed compensation of any kind. Instead, his only compensation will be a 100% at-risk performance award.
- Musk has often been vying for the world's richest person position with Jeff Bezos and Mark Zuckerberg, with Musk being currently in the pole position. However, since Musk's net worth is closely tied to Tesla's share price performance, his claim to the title for the long term will depend on Tesla's future shareholder performance.
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TechCrunch
1w
290
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Bluesky gears up for Election Day as X goes pro-Trump
- Bluesky, a social networking startup, aims to provide a trusted, fact-checked alternative to X, a platform dominated by Elon Musk's support for the Trump campaign.
- Bluesky leans left and has attracted disgruntled former Twitter users who are dissatisfied with the platform's new direction.
- As the U.S. elections approach, Bluesky is preparing to handle potential misinformation and posts that may disrupt the voting process.
- Bluesky has hired former Twitter leader Aaron Rodericks to manage election safety and indicated plans to remove content that encourages disruption in voting.
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Insider
1w
370
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Meta's Threads has 275 million users. It sure doesn't feel that way.
- Meta's Threads, a service owned by Meta, has reached 275 million monthly users according to Mark Zuckerberg.
- Compared to other social media platforms, Threads has shown significant growth, increasing by 83% since April 2023.
- However, despite the reported numbers, some users feel that Threads doesn't feel as lively or populated as Twitter did back in 2019.
- Meta attributes Threads' growth to its integration with Instagram, as well as attracting users from Japan and Taiwan.
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Insider
15h
190
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Elon Musk took on another role, becoming Trump's efficiency boss. Here's the full list of his jobs.
- President-elect Donald Trump has tapped Elon Musk to lead a newly created Department of Government Efficiency. Musk will co-lead the unofficial Department of Government Efficiency with entrepreneur Vivek Ramaswamy. Musk heavily backed Trump in the presidential election, appearing at his rallies and donating millions of dollars to fundraising efforts. Musk leads Tesla and SpaceX as CEO and owns and plays a major part in running X. Musk is also involved in less-known companies, like Neuralink, which he cofounded and remains CEO of. Musk leads OpenAI's rival firm, start-up xAI.
- The role is just one of many Musk holds concurrently. His support has led to a role in the new government. He also has many other jobs, including leading Tesla, SpaceX, and AI startup xAI. Together, these two wonderful Americans will pave the way for my Administration to dismantle the Government Bureaucracy. Musk will lead the new unofficial department with Vivek Ramaswamy.
- Musk is arguably best known as the CEO of Tesla, which he was an early investor in, and has since gone on to build into a major force in the auto industry. Telsa is one of only a handful of American corporations that have reached a $1 trillion market cap, joining the likes of Apple and Nvidia. The billionaire is the boss of SpaceX, the aerospace firm he founded in 2002.
- In 2022, the business mogul acquired Twitter for $44 billion, later renaming the social media platform X and scrapping the bird logo. While CEO Linda Yaccarino runs X's daily operations, Musk remains heavily involved. Musk's Neuralink has tested its brain chip on two human patients. Another startup led by Musk is xAI, which, according to the Wall Street Journal, is in talks to raise funding to at a $40 billion valuation.
- Trump added that the pair will work to "slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies." It will also seek to "create an entrepreneurial approach to Government never seen before," though exactly how it will function remains unclear. Musk and his company aim to build a rocket system that will make it possible to build a city on Mars. The firm is developing two devices: A brain chip to help treat neurological conditions and a surgical robot which would insert the equipment into the patient.
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Tech Story
2d
291
Apple Faces Federal Complaint Over Alleged Worker Rights Violations
- Apple is facing allegations of worker rights violations.
- A federal complaint by the National Labor Relations Board (NLRB) accuses Apple of interfering with protected employee activities.
- The complaint highlights instances of alleged retaliation against employees discussing pay equity and remote work.
- The allegations raise questions about employee rights and may lead to changes in Apple's policies.
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Fourweekmba
4d
150
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Tweet Generator: Your Thread Maker For Your Next Tweet Storm!
- Tweet Generator is a tool that uses AI to generate the best threads for Twitter by entering a prompt.
- A comprehensive understanding of the target audience is essential to create effective messages.
- Crafting engaging messages necessitates keeping it brief and concise, including visuals and a CTA.
- Choosing the right timing for maximum reach requires scheduling tweets while considering different time zones and using tools like Hootsuite and Tweetdeck.
- Optimizing tweets for SEO helps to improve visibility and reach a larger audience by including relevant keywords in the content and hashtags.
- Performance can be measured using engagement metrics (comments, likes, retweets) and analyzing CTR to help identify shortcomings and areas of improvement.
- The marketing glossary includes key concepts such as integrated marketing, push vs. pull marketing, and word-of-mouth marketing.
- Moreover, it consists of buzzwords such as brand building, marketing persona, microtargeting, and more.
- The Tweet Generator emphasizes understanding the target audience, crafting an engaging message, choosing the right timing, optimizing for SEO, and measuring performance.
- With no one-size-fits-all approach, following these steps can help in creating tweets that are effective and successful.
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TechJuice
6d
115
Image Credit: TechJuice
Elon Musk’s xAI Unveils Grok API to Empower Developers
- Elon Musk’s AI company, xAI, has released an API for its Grok generative AI model.
- Developers can get free credits worth $25 per month until the end of the year.
- The API launch did not generate much interest initially, but xAI continues to offer incentives to attract developers.
- Developers who have purchased prepaid credits will receive a monthly credit offer equal to the amount they paid.
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Insider
6d
99
Image Credit: Insider
Musk's legal battles pile up as Twitter's ex-CMO becomes the latest to sue him
- Elon Musk is facing another lawsuit from a former Twitter executive, Leslie Berland, who claims she is owed $20 million in severance.
- Berland alleges that she was fired in 'petty retribution' over an incident involving Twitter's advertisers shortly after Musk acquired the social media platform.
- Under Twitter's Change of Control and Involuntary Termination Protection Policy, Berland claims she had not been fired 'for Cause' and was wrongly denied her benefits.
- Musk is currently facing multiple lawsuits from former Twitter executives over severance payments, with a total claim of $128 million.
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Mjtsai
7d
211
Hypertextual Writing and Social Media
- Social media platforms like Twitter, Mastodon, and Instagram do not effectively enable hypertextual writing.
- The only clickable links on social media are @username mentions, while other URLs are pasted as plain text.
- Social media networks have introduced preview cards for URLs, but this decreases information density.
- Hyperlinks on the web allow for a more expansive and interconnected experience in writing and reading.
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Tech Story
7d
411
Musk’s Influence on X Fuels Election Misinformation
- Elon Musk’s acquisition of X, formerly Twitter, is causing concern as it spreads election-related misinformation.
- Musk has posted at least 87 misleading or false claims about the 2024 U.S. presidential election, with over 2 billion views.
- Musk is a major financial backer of Trump's campaign, donating over $118 million to a super PAC supporting Trump's reelection.
- X's lenient content moderation policies under Musk's leadership have amplified the spread of misinformation.
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BGR
1w
41
Image Credit: BGR
5 hilarious and brutal Community Notes you’d have probably never seen before Elon bought Twitter
- Elon Musk's takeover of Twitter has brought about hilarious and brutal Community Notes.
- Community Notes aim to crowdsource information and have become viral.
- The system covers various topics, not just politics.
- Five recent entertaining Community Notes are highlighted, including instances of incorrect descriptions and confusion.
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