Boodor is Your Go-to Source for the Latest Business News, Stay Informed and Make Informed Decisions.
⎯ 《 Boodor • Com 》
Virgin Galactic Launches First Flight of Private Space Tourists
Virgin Galactic Launches First Flight of Private Space Tourists
Virgin Galactic Holdings Inc. commenced a flight carrying its first private space tourists, a key step in founder
2023-08-10 23:59
Emerging Asia Bonds Lose Out in Global Rally on Peak Fed Bets
Emerging Asia Bonds Lose Out in Global Rally on Peak Fed Bets
Bonds from emerging Asian nations are set to lag global peers despite a rally in Treasuries. That’s because
2023-11-16 13:59
Elon Musk says Twitter to move behind paywall as all users forced to pay ‘small’ monthly fee
Elon Musk says Twitter to move behind paywall as all users forced to pay ‘small’ monthly fee
Elon Musk said X is looking to charge users a “small monthly payment” to tackle bots on the social network. X, previously known as Twitter, underwent a number of changes soon after Mr Musk, the multibillionaire owner of X Corp, bought it. The platform is now “moving to having a small, monthly payment for use of the X system” to combat “vast armies of bots”, Mr Musk said during a livestreamed conversation with Israeli prime minister Benjamin Netanyahu on Monday. However, the Tesla and SpaceX boss did not reveal how much the new plan would cost X users or what additional features subscribers would get. During the interaction with Mr Netanyahu, the Tesla titan said X currently has 550 million “monthly users” who generate 100-200 million posts per day, adding that the new change to include a “small amount of money” would be necessary to deal with the problem posed by bots. It is unclear whether the multibillionaire’s figure of 550 million monthly users includes bots and also doesn’t allow comparison with the metric the company has used to estimate its user base, called the “average monetizable daily active users” or mDAUs. But the Tesla chief said a subscription fee would make it more difficult for bots to create accounts as each bot would need a new credit card to register on the platform. “It’s the only way I can think of to combat vast armies of bots,” Mr Musk said. “Because a bot costs a fraction of a penny – call it a tenth of a penny – but even if it has to pay a few dollars or something, the effective cost of bots is very high,” he explained. The platform has historically struggled to curb the activity of bots, with the company’s former security chief Peiter Zatko telling the US Congress last year that Twitter does not even know how many automated accounts are on the site. Mr Musk even cited bots as a reason to back out of buying the social platform before he went on to complete the deal. He has also previously discussed putting all of Twitter behind a paywall. Now the Tesla boss says the rebranded X plans to introduce a new “lower tier pricing” than the $8 monthly fee it currently charges subscribers of its premium Blue service. The conversation between Mr Musk and the Israeli prime minister also touched on topics like AI regulation as well as hate speech and antisemitism on X. Mr Musk claimed during the discussion that he’s “against antisemitism” and “anything that promotes hate and conflict”. “I’m sort of against attacking any group, you know. Doesn’t matter who it is,” the Tesla chief said. Online safety experts have warned about the social media platform under “free speech absolutist” Mr Musk offering “amnesty” to accounts previously suspended for hate speech and instigating violence. Under the Tesla titan, the platform restored the account of former US president Donald Trump who was banned following the 2021 Capitol riots, as well as the profiles of Republican Marjorie Taylor Greene and neo-Nazi website founder Andrew Anglin. Read More The ex factor: the very complex love life of Elon Musk Netanyahu visits Elon Musk in California with plans to talk about artificial intelligence Turkey's President Erdogan and Elon Musk discuss establishing a Tesla car factory in Turkey Elon Musk’s X finally agrees to try and settle Twitter’s mass layoffs lawsuit Musk the messiah (or a very naughty boy?) Elon Musk warns of ‘civilisational risk’ posed by AI at historic gathering
2023-09-19 13:21
Warren Buffett's company trims its investment in printer maker HP by selling 5.5 million shares
Warren Buffett's company trims its investment in printer maker HP by selling 5.5 million shares
Warren Buffett's company sold off 5.5 million HP Inc. shares this week to trim a stake that it established just last year
2023-09-15 01:54
Morgan Stanley cuts oil price forecasts, sees surplus in H1 2024
Morgan Stanley cuts oil price forecasts, sees surplus in H1 2024
Morgan Stanley on Wednesday lowered its oil price forecasts, predicting a market surplus in the first half of
2023-07-05 21:21
SpaceX Starship set for repeat test flight, seven months after last one blew up
SpaceX Starship set for repeat test flight, seven months after last one blew up
By Joe Skipper, Joey Roulette and Steve Gorman BOCA CHICA, Texas SpaceX's next-generation spacecraft Starship, developed to carry
2023-11-18 14:20
Credit Suisse Notified by NYSE It’s Not Meeting Listing Rules
Credit Suisse Notified by NYSE It’s Not Meeting Listing Rules
Credit Suisse Group AG said that it’s been notified by the New York Stock Exchange that it’s no
2023-05-31 14:50
Sunak Faces Cabinet Row Over Post-Brexit EU Borders Deal
Sunak Faces Cabinet Row Over Post-Brexit EU Borders Deal
UK Prime Minister Rishi Sunak faces criticism from within his own Cabinet over plans to pay the European
2023-06-21 00:20
Bank of Israel pauses rate hikes but warns further rises possible
Bank of Israel pauses rate hikes but warns further rises possible
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -The Bank of Israel left short-term borrowing rates unchanged on Monday for
2023-07-11 00:53
Chile Central Bank Tightens Credit Conditions, Citing Higher Global Risk
Chile Central Bank Tightens Credit Conditions, Citing Higher Global Risk
Chile’s central bank raised capital requirements on financial institutions, tightening credit conditions amid concern over the risk a
2023-05-25 00:57
NASA’s Psyche—Maxar Space’s First Deep Space Spacecraft— Performing Well After Launch
NASA’s Psyche—Maxar Space’s First Deep Space Spacecraft— Performing Well After Launch
PALO ALTO, Calif.--(BUSINESS WIRE)--Oct 13, 2023--
2023-10-14 05:22
New Delhi schools close after monsoon floods kill at least 15, Pakistan on alert for more flooding
New Delhi schools close after monsoon floods kill at least 15, Pakistan on alert for more flooding
Schools in New Delhi have closed after heavy monsoon rains battered the Indian capital, caused landslides and flash floods in the country’s north and killed at least 15 people over the last three days
2023-07-10 15:55