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BUSINESS

Elon Musk says Twitter’s verified service with colors to start next week

Nov 25 (Reuters) – Twitter Inc is planning to roll out its verified service next Friday with different colored checks for individuals, companies and governments, after a botched initial launch led to a surge in users impersonating celebrities and brands on the platform. Chief Executive Elon Musk on Friday allotted colors for the categories – […]

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BUSINESS

Musk says Twitter to hold off relaunching blue check verification

Nov 21 (Reuters) – Twitter’s new owner Elon Musk said on Monday the social media company is holding off the relaunch of its blue check subscription service, a delay from his initial tentative timeline to bring back the service on the platform. “Holding off relaunch of Blue Verified until there is high confidence of stopping […]

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WORLD

Trump snubs Twitter after Musk announces reactivation of ex-president’s account

Nov 19 (Reuters) – Donald Trump on Saturday said he had no interest in returning to Twitter even as a slim majority voted in favor of reinstating the former U.S. President, who was banned from the social media service for inciting violence, in a poll organized by new owner Elon Musk. Slightly over 15 million […]

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BUSINESS

EXCLUSIVE How FTX bought its way to become the ‘most regulated’ crypto exchange

FTX bought a 10% stake in IEX with an option to acquire 100% FTX spent $2 billion on ‘acquisitions for regulatory purposes’ Documents show FTX saw its regulatory status as a way of luring new capital from major investors Nov 18 (Reuters) – Before it collapsed this month, FTX stood apart from many rivals in […]

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BUSINESS

After Elon Musk’s ultimatum, Twitter employees start exiting

Nov 17 (Reuters) – Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for “long hours at high intensity,” or leave. In a poll on the workplace app Blind, which verifies employees through their work email addresses and […]

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BUSINESS

Gamers lament end of Warcraft in China as Blizzard and NetEase part ways

Nov 17 (Reuters) – Blizzard Entertainment (ATVI.O) and NetEase (9999.HK) caused dismay among thousands of gamers on Thursday by saying hits such as ‘World of Warcraft’ will not be available in China from next year as a 14-year partnership ended. NetEase shares closed 9% lower in Hong Kong after Blizzard said it was unable to […]

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Latest-News

UK, France seen striking migrant deal, Mediterranean states seek new rules

LONDON, Nov 12 (Reuters) – Britain and France are set to agree a deal possibly as soon as Monday to ramp up their joint efforts to stop illegal migrants from making perilous crossings of the English Channel, a British newspaper reported on Saturday. The agreement will significantly increase the 200 French officers and volunteers who […]

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BUSINESS

Twitter restores ‘official’ label; $8 blue check mark option vanishes

Nov 11 (Reuters) – Elon Musk’s Twitter Inc on Friday brought back the “official” badge to some accounts, just days after doing away with it, while several users reported the new subscription option for the blue verification check mark had disappeared. The move follows a surge in fake accounts on the platform after new boss […]

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ENTERTAINMENT

Japan’s SoftBank books hefty Vision Fund loss but returns to quarterly profit

TOKYO, Nov 11 (Reuters) – Japan’s SoftBank Group Corp (9984.T) announced a hefty loss at its Vision Fund investment arm for the third straight quarter, even as the company itself posted its first quarterly profit in as many quarters. Investment losses at the Japanese tech firm’s flagship Vision Fund unit totalled 1.38 trillion yen ($9.75 […]

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BUSINESS

Musk warns of Twitter bankruptcy as more senior executives quit

Nov 10 (Reuters) – Twitter’s new owner Elon Musk on Thursday raised the possibility of the social media platform going bankrupt, capping a chaotic day that included a warning from a U.S. regulator and departures of senior executives viewed as future leaders. The billionaire told Twitter employees on a call that that he could not […]

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