Boodor is Your Go-to Source for the Latest Business News, Stay Informed and Make Informed Decisions.
⎯ 《 Boodor • Com 》
Guest nations at the G-7 reflect outreach to developing countries, worries over China, Russia
Guest nations at the G-7 reflect outreach to developing countries, worries over China, Russia
During this week’s summit of the leaders of the Group of Seven wealthy democracies in Hiroshima, you’ll also see eight other guest nations engaging in a flurry of diplomacy with Japan and others
2023-05-15 09:49
Fed's Mester: Strong jobs data do not change underlying view on hiring
Fed's Mester: Strong jobs data do not change underlying view on hiring
By Michael S. Derby Federal Reserve Bank of Cleveland President Loretta Mester said Friday that very strong hiring
2023-10-07 05:21
Analysis-Hungry investors queue up as Japan's BOJ lifts yields bit by bit
Analysis-Hungry investors queue up as Japan's BOJ lifts yields bit by bit
By Kevin Buckland and Ankur Banerjee SINGAPORE/TOKYO Japan's government bond market has turned into a cat-and-mouse arena for
2023-08-01 16:24
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
Comcast NBCUniversal Foundation Awards $17,500 Grant to Tri-County Cradle to Career Collaborative in Charleston
Comcast NBCUniversal Foundation Awards $17,500 Grant to Tri-County Cradle to Career Collaborative in Charleston
CHARLESTON, S.C.--(BUSINESS WIRE)--Oct 11, 2023--
2023-10-12 02:16
Seez launches the automotive industry's first GPT-powered chatbot for car dealerships in Europe and Middle East
Seez launches the automotive industry's first GPT-powered chatbot for car dealerships in Europe and Middle East
COPENHAGEN, Denmark--(BUSINESS WIRE)--Aug 30, 2023--
2023-08-30 14:23
Is Twitter's new CEO heading toward a glass cliff?
Is Twitter's new CEO heading toward a glass cliff?
Less than two months into his $44 billion purchase of Twitter, Elon Musk declared that whoever took over as the company’s CEO “must like pain a lot.”
2023-05-15 19:59
Italy’s Open Fiber CEO Plans to Resign Amid Tension on Strategy
Italy’s Open Fiber CEO Plans to Resign Amid Tension on Strategy
Open Fiber SpA Chief Executive Officer Mario Rossetti is planning to resign from Italy’s fiber-network operator, amid possible
2023-09-23 17:23
Latin American Bond Issuers Return as High Rates Persist
Latin American Bond Issuers Return as High Rates Persist
International bond sales out of Latin America are on the rise again as hopes for US rate cuts
2023-07-15 03:48
AVEVA Announces Two New Non-executive Directors to Join Its Board
AVEVA Announces Two New Non-executive Directors to Join Its Board
LONDON--(BUSINESS WIRE)--Sep 20, 2023--
2023-09-20 19:51
Shares of United Airlines plunge on sour outlook for 4Q profit because of rising fuel prices
Shares of United Airlines plunge on sour outlook for 4Q profit because of rising fuel prices
Shares of United Airlines are tumbling based on the carrier's gloomy outlook for fourth-quarter profit
2023-10-18 22:47
Elon Musk accused of manipulating Dogecoin price in $258 billion lawsuit
Elon Musk accused of manipulating Dogecoin price in $258 billion lawsuit
Remember when Elon Musk changed Twitter's logo to Doge, the shiba inu dog mascot of
2023-06-02 15:49