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India shifts stance, berates social media for censorship

IndiaTimes Monday, 9 May 2022
The Indian government reversed its stance, calling out Twitter Inc. and Meta Platforms Inc. for suspending accounts that violate the social media giants’ community guidelines.
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Twitter, Inc. American communications company

Elon Musk files countersuit in legal battle against Twitter over $44 billion deal|Oneindia News*News [Video]

Elon Musk files countersuit in legal battle against Twitter over $44 billion deal|Oneindia News*News

On Friday, Elon Musk countersued Twitter Inc, The move comes amid the tech mogul’s legal fight against the social media company over his bid to walk away from the $44 billion purchase. #ElonMusk #Twitter #ElonMuskTwitterDeal

Credit: Oneindia    Duration: 01:33Published
Twitter Blames Elon Musk for Its Revenue Slide [Video]

Twitter Blames Elon Musk for Its Revenue Slide

Twitter Blames Elon Musk , for Its Revenue Slide . 'The Guardian' reports that Twitter has blamed Elon Musk for a drop in revenue spurred by the billionaire's chaotic takeover bid. 'The Guardian' reports that Twitter has blamed Elon Musk for a drop in revenue spurred by the billionaire's chaotic takeover bid. In addition to Musk's high-profile acquisition attempt, Twitter blamed an overall weak advertising market. In addition to Musk's high-profile acquisition attempt, Twitter blamed an overall weak advertising market. According to the social media company, revenue for the past three months was down to $1.18 billion, a 1% drop from the same time last year. Twitter said the drop reflected “advertising industry headwinds associated with the macroenvironment” as well as “uncertainty related to the pending acquisition.”. Twitter said the drop reflected “advertising industry headwinds associated with the macroenvironment” as well as “uncertainty related to the pending acquisition.”. According to the company, expenses related to Musk's now-abandoned acquisition cost Twitter $33 million in the quarter. Those costs also pushed Twitter into a net loss of $66 million. 'The Guardian' reports that Musk’s $44 billion bid overshadowed the company's losses. Due to the ongoing takeover situation, Twitter is not hosting a conference call to discuss earnings results. Due to the ongoing takeover situation, Twitter is not hosting a conference call to discuss earnings results. Musk recently announced that he wanted to pull out of the deal, citing lingering questions over the number of spam or fake accounts on the platform. In response, Twitter has filed a lawsuit attempting to force Musk to proceed with the deal, citing a legal agreement he signed in April

Credit: Wibbitz Top Stories    Duration: 01:31Published
Twitter Sues Elon Musk To Make Him Complete Acquisition of Company [Video]

Twitter Sues Elon Musk To Make Him Complete Acquisition of Company

Twitter Sues Elon Musk , To Make Him Complete Acquisition of Company. CNN reports that the lawsuit was filed in the Delaware Court of Chancery on July 12. In a letter delivered to Twitter's attorneys on July 8, Musk informed the company that he wished to terminate the $44 billion deal. Musk's legal team claims Twitter is "in material breach of multiple provisions," and Twitter says Musk's attempt to back out is "invalid and wrongful.". The lawsuit filed on July 12 seeks to stop Musk from any more agreement breaches and "compel consummation of the merger upon satisfaction of the few outstanding conditions.". The lawsuit filed on July 12 seeks to stop Musk from any more agreement breaches and "compel consummation of the merger upon satisfaction of the few outstanding conditions.". In April 2022, Elon Musk entered into a binding merger agreement with Twitter, promising to use his best efforts to get the deal done. , Twitter, via lawsuit, as reported by CNN. Now, less than three months later, Musk refuses to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests, Twitter, via lawsuit, as reported by CNN. ... Musk apparently believes that he — unlike every other party subject to Delaware contract law — is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away, Twitter, via lawsuit, as reported by CNN. Many analysts think Musk's issue with platform bots is merely an excuse to back out of the deal since Twitter shares have fallen compared to the price he agreed to pay. For Musk, it would seem, Twitter, the interests of its stockholders, the transaction Musk agreed to, and the court process to enforce it all constitute an elaborate joke, Twitter, via lawsuit, as reported by CNN

Credit: Wibbitz Top Stories    Duration: 01:31Published
Elon Musk Terminates $44 Billion Twitter Deal, Shares Drop in Premarket Trading [Video]

Elon Musk Terminates $44 Billion Twitter Deal, Shares Drop in Premarket Trading

Elon Musk Terminates $44 Billion Twitter Deal, , Shares Drop in Premarket Trading. CNBC reports that on July 8, Musk's attorney told Twitter's board that the SpaceX and Tesla CEO wants to cancel the deal to buy the social media platform. During premarket trading on July 11, Twitter shares were down 5% indicating about a $1.4 billion loss in market value from the closing price on July 8. CNBC reports that Musk maintains Twitter isn't being honest about how many bots and fake accounts exist on the platform. Twitter claims to have supplied Musk with accurate and honest information to confirm that spam accounts only make up about 5% of users. Bret Taylor, Twitter's board chair, said legal action will be taken in the Delaware Court of Chancery. On July 11, Musk took to Twitter to post a meme making fun of the whole ordeal. . As of July 8, Twitter shares were down 32% from Musk's agreed deal price. Many skeptics say that the bot issue isn't really why Musk wants out of the deal, but rather he simply doesn't want to pay the $54.20 per share he'd agreed to. . CNBC reports that following a likely protracted court battle, Musk could be fined $1 billion for walking away from the deal.

Credit: Wibbitz Top Stories    Duration: 01:31Published
Elon Musk's response to Twitter's lawsuit threat is a meme | See the meme | Oneindia News*News [Video]

Elon Musk's response to Twitter's lawsuit threat is a meme | See the meme | Oneindia News*News

Today, two days after Elon Musk pulled out of the $44 billion deal to buy Twitter, the SpaceX chief took a swipe at the microblogging platform's leadership. The Tesla Inc CEO shared a meme from his official handle amid the countdown for a big legal fight after the Twitter board threatened to pursue legal action to enforce the merger agreement. #ElonMusk #Twitter #ElonMuskTwitterDeal

Credit: Oneindia    Duration: 01:55Published

Meta Platforms Meta Platforms American multinational technology corporation

Meta's New AI Chatbot Spouts Uncomfortable Truths and Lies [Video]

Meta's New AI Chatbot Spouts Uncomfortable Truths and Lies

Meta's New AI Chatbot , Spouts Uncomfortable , Truths and Lies. On August 5, Meta's conversational artificial intelligence prototype, BlenderBot, launched on a demo website. On August 5, Meta's conversational artificial intelligence prototype, BlenderBot, launched on a demo website. 'The Guardian' reports that members of the public are invited to help test the AI and share feedback with Facebook's parent company, Meta. According to Meta, the bot is capable of conversing with users on nearly any topic. 'The Guardian' reports that the bot uses material it finds on the internet to offer users some interesting responses. According to BuzzFeed, when asked about Mark Zuckerberg, the AI replied, "he is a good businessman, but his business practices are not always ethical.". According to BuzzFeed, when asked about Mark Zuckerberg, the AI replied, "he is a good businessman, but his business practices are not always ethical.". It is funny that he has all this money and still wears the same clothes!, BlenderBot, via BuzzFeed. Previous chatbots have tended to spout racist conspiracy theories, often forcing the company to apologize for , "inappropriate and reprehensible words and images.". Previous chatbots have tended to spout racist conspiracy theories, often forcing the company to apologize for , "inappropriate and reprehensible words and images.". In South Korea, a chatbot designed to mimic a 20-year-old college student was suspended after repeating racial slurs and anti-LGBTQ+ remarks. In South Korea, a chatbot designed to mimic a 20-year-old college student was suspended after repeating racial slurs and anti-LGBTQ+ remarks. 'The Guardian' points out that users who log on to BlenderBot's test page need to acknowledge that the AI is , “likely to make untrue or offensive statements.”. According to Meta, the AI has, “a high propensity to generate toxic language and reinforce harmful stereotypes, even when provided with a relatively innocuous prompt.”

Credit: Wibbitz Top Stories    Duration: 01:30Published
Meta Is Sued for Allegedly Collecting Patient Health Data Without Consent [Video]

Meta Is Sued for Allegedly Collecting Patient Health Data Without Consent

Meta Is Sued for Allegedly , Collecting Patient Health Data , Without Consent. Engadget reports that Facebook's parent company, Meta, may have collected users' sensitive medical information without their consent. Two proposed class-action lawsuits accuse the company, along with hospitals, of violating HIPAA, the California Invasion of Privacy Act and other laws. . According to the suits, Meta's Pixel analytic tracking tool collected users' health statuses, appointment details and other data. According to the suits, Meta's Pixel analytic tracking tool collected users' health statuses, appointment details and other data. One lawsuit filed last month accuses Pixel of gathering data from the UC San Francisco and Dignity Health portals. . A June 2022 lawsuit makes broader claims that at least 664 providers shared users' medical information with Facebook through Pixel. A June 2022 lawsuit makes broader claims that at least 664 providers shared users' medical information with Facebook through Pixel. Engadget reports that the legal action could prove to be costly for Meta. . Plaintiffs are reportedly seeking damages on behalf of all Facebook users whose healthcare providers use Pixel. Plaintiffs are reportedly seeking damages on behalf of all Facebook users whose healthcare providers use Pixel. The Pixel lawsuits follow a string of privacy-related legal actions against Meta. . Those legal actions include a D.C. Attorney General suit over the Cambridge Analytica scandal which saw over 70 million Americans' personal data collected without consent. Those legal actions include a D.C. Attorney General suit over the Cambridge Analytica scandal which saw over 70 million Americans' personal data collected without consent. According to Engadget, the social media giant is also dealing with lawsuits over its deactivated facial recognition system. . Earlier in 2022, the company settled a 2012 class-action lawsuit over the use of tracking cookies

Credit: Wibbitz Top Stories    Duration: 01:31Published
Shortest Day Ever Recorded as Earth Spins Faster Than Usual [Video]

Shortest Day Ever Recorded as Earth Spins Faster Than Usual

The 'New York Post' reports that scientists have been left confounded after discovering that the Earth is spinning faster than normal. According to the UK's National Physical Laboratory, the Earth is spinning faster than it was half a century ago, causing days to be shorter than usual. On June 29, the Earth took 1.59 milliseconds less than 24 hours to make its full rotation. It was the shortest day ever recorded. “,” astrophysicist reported via . If Earth’s fast rotation continues, it could lead to the introduction of the first-ever negative leap second, Graham Jones, Astrophysicist, via TimeandDate.com. This would be required to keep civil time — which is based on the super-steady beat of atomic clocks — in step with solar time, which is based on the movement of the sun across the sky, Oleg Obleukhov and Ahmad Byagowi, Blog post, via 'New York Post'. According to researchers at Meta, the introduction of a leap second would have a huge impact on technology and hardware infratructures. The impact of a negative leap second has never been tested on a large scale; it could have a devastating effect on the software relying on timers or schedulers, Oleg Obleukhov and Ahmad Byagowi, Blog post, via 'New York Post'. According to scientists, the irregular rotations are caused by the Chandler Wobble, an irregular movement of Earth's geographical poles.

Credit: Wibbitz Top Stories    Duration: 01:30Published
Instagram and Facebook Feeds To Show More Accounts Users Don’t Follow [Video]

Instagram and Facebook Feeds To Show More Accounts Users Don’t Follow

Instagram and Facebook Feeds , To Show More Accounts Users Don’t Follow. 'Insider' reports that on July 27, Meta CEO Mark Zuckerberg hopped on a call with investors. He said users will see double the amount of Instagram and Facebook feed content from others they don't follow. . Social content from people you know is going to remain an important part of the experience and some of our most differentiated content, but increasingly we'll also be able to supplement that with other interesting content from across our networks, Mark Zuckerberg, Meta CEO, via call with investors. Zuckerberg said that currently, 15% of Facebook feed content and "a little more that that" on Instagram was provided by Meta's recommendation algorithm. . The change comes as Instagram attempts to keep up with TikTok, particularly when it comes to Reels. 'Insider' reports that TikTok's "For You Page," which suggests content it thinks users will enjoy, . 'Insider' reports that TikTok's "For You Page," which suggests content it thinks users will enjoy, . was primarily responsible for the platform's increase in popularity. A similar approach appears to be part of Zuckerberg's game plan. A similar approach appears to be part of Zuckerberg's game plan. Reels engagement is also growing quickly. This quarter we saw a more than 30% increase in the time that people spent engaging with Reels across Facebook and Instagram, Mark Zuckerberg, Meta CEO, via call with investors. Many creators have expressed frustration at Instagram's push for Reels, citing a desire to stick to the platform's original photograph layout. Kylie Jenner and Kim Kardashian have even spoken out about it, posting Stories calling on the company to "Make Instagram Instagram Again."

Credit: Wibbitz Top Stories    Duration: 01:30Published
Meta Calls for Putting an End to the Leap Second [Video]

Meta Calls for Putting an End to the Leap Second

Meta Calls for , Putting an End to , the Leap Second. Meta has added considerable pressure to the tech industry's push to do away with the leap second. . Engadget reports that the leap second was introduced in 1972. It was implemented to adjust Coordinated Universal Time (UTC) and make up for the difference between International Atomic Time (TAI) and observed solar time (UTI). Those different time-keeping methods sometimes don't match up due to irregularities and slowdowns in the Earth's rotation. Meta's production engineer, Oleg Obleukhov, and research scientist Ahmad Byagowi recently posted about how a leap second can wreak havoc on a network. With a growing demand for clock precision across all industries, the leap second is now causing more damage than good, resulting in disturbances and outages, Oleg Obleukhov and Ahmad Byagowi, Meta's production engineer and research scientist, via Engadget. The offset caused by a leap second can cause issues all over the industry. In 2012, the time change confused Reddit's servers and locked up its CPUs for 40 minutes. In 2017, a similar situation affected Cloudflare's DNS service. . Since 1972, the body responsible for deciding whether to adjust the UTC, the International Earth Rotation and Reference Systems Service, has added 27 leap seconds.

Credit: Wibbitz Top Stories    Duration: 01:31Published