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Showing posts with the label ElonMusk

'Elon-e-Jung!': Amul Shares Topical On Twitter-Threads Feud

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[ad_1] Social media platform Threads, recently launched by Meta, has already taken the internet by storm. Pitched as an alternative for the micro-blogging site Twitter, it already has more than 70 million people signed up on the platform, according to Meta. But it seems the news didn't go well with Twitter's Executive Chair Elon Musk, leading to an online feud between him and Mark Zuckerberg. In no time, the situation gave birth to a meme-fest, with people posting various interesting content on various social media platforms. Amul too wasted no time and joined the bandwagon with a witty post on the ongoing situation. Dairy brand Amul has always been known for their unique posts on trending news and incidents from across the world. Each of these posts are unique, witty and remain true to the brand's aesthetics. The current post on the Twitter-Thread feud is no different. In the post, we can see graphic representation of Mark Zuckerberg and Elon Musk in an imaginary b

Elon Musk claims lawyers overbilled in fight to make him buy Twitter - Times of India

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[ad_1] SAN FRANCISCO: Elon Musk sued the law firm that led the court fight to make him complete his takeover of Twitter, saying it took advantage of the company while running up a $90 million bill. Wachtell Lipton Rosen & Katz, among the most profitable firms in the US, exploited a brief, vulnerable period just as Musk was closing the $44 billion deal, according to a complaint filed in San Francisco state court by Musk’s X Corp ., now the parent of Twitter. Twitter had agreed to pay Wachtell lawyers on an hourly basis to enforce Musk’s agreement to buy the company when he tried to back out, but the firm violated its ethical duties as well as California law in the final days of its four-month representation when it solicited “gargantuan” bonus fees, according to the complaint. The lawsuit is something of a role reversal for Musk, who is a defendant in numerous suits alleging that Twitter under his leadership allowed millions in unpaid expenses to pile up from former employee

New Twitter alternative, Threads, could eclipse rivals like Mastodon and Blue Sky

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[ad_1] As Twitter faces mounting backlash over its latest  policy changes , alternative apps like Blue Sky and Mastodon are standing by to welcome disgruntled users of the Elon Musk-owned blogging platform. Yet while these fledgling communities for now remain bit players on the social scene, Meta's new Threads app may finally offer a serious competitor to Twitter, experts say. Threads, which launched on Wednesday, is integrated with Instagram and is backed by Meta's vast technical and financial resources, potent advantages that have helped it quickly acquire tens of millions of users. But whether the platform can retain those users will depend on its ability to roll out features that appeal to Twitter defectors and replicate the app's pre-Musk culture. Twitter limits daily posts users can view 03:52 A matter of tim

Bill Ackman explains why he embraced RFK Jr.'s skepticism on Covid vaccines

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[ad_1] Bill Ackman Scott Mlyn | CNBC Bill Ackman said in 2021 that delaying Covid vaccinations for older Americans "seems like genocide." Today, the influential hedge fund chief and investor is amplifying the debunked anti-vaccine views of Democratic presidential candidate Robert F. Kennedy Jr. Ackman is not denying his change. In fact, he said Kennedy is asking "important questions" about vaccines, raising issues he is interested in learning more about. Several of Ackman's recent tweets about Covid vaccines have stunned and confounded many of his colleagues on Wall Street, according to several people who have known and been allied with him for years. And it's led both his allies and foes to ask the same question: Why is he doing this? Ackman answered that question in an interview with CNBC on Wednesday. "I listened to RFK on several podcasts and a town hall and thought he raised important issues about vaccines and other issues that were worth lea

Firm sues Twitter for not paying bills for work done in four countries - Times of India

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[ad_1] SYDNEY: An Australian project management firm has filed a lawsuit against Twitter in a US court seeking cumulative payments of about A$1 million ($665,000) over alleged non-payment of bills for work done in four countries. Sydney-based private company Facilitate Corp on June 29 filed the suit in a US district court in California claiming breach of contract over Twitter's failure to pay its invoices. The Australian firm's lawsuit is the latest alleging non-payment of bills and rent against Twitter since Elon Musk bought the social media platform for $44 billion last year. Facilitate said from 2022 through early 2023, it installed sensors in Twitter's offices in London and Dublin, completed an office fit-out in Singapore, and cleared an office in Sydney. For those works, Twitter owed the firm about 203,000, S$546,600 and A$61,300, respectively, Facilitate said. Facilitate said it was seeking compensatory damages, legal costs and interest at the maximum legal

Tesla: Tesla beats second-quarter delivery estimates as price cuts pay off - Times of India

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[ad_1] Tesla Inc on Sunday said it delivered a record number of vehicles in the second quarter, topping market estimates as price cuts and US federal credits helped make its electric vehicles more affordable. The Elon Musk-led company handed 466,140 vehicles in the April to June period, up 10% from the preceding quarter, and 83% higher from a year earlier. Analysts on average had expected Tesla to deliver 445,000 cars, according to nine analysts polled by Refinitiv, with the lowest estimate at 439,875 and highest at 450,000. The world's most valuable automaker produced 13,560 more vehicles than it delivered in the second quarter, although the gap has narrowed from 17,933 the first quarter. "The price cuts was a smart poker move for Tesla and paying major dividends in the field, especially for the China market," Dan Ives , an analyst at Wedbush Securities , said. Tesla is expected to hit record sales in China, its second-largest market after North America, despite s