TWITTER RIVAL
Pixxel's Indian ownership comes under scrutiny
Pixxel founder and chief executive Awais Ahmed in a blog post on X said the company remains “headquartered, owned, managed and controlled in India,” on Monday. Indian investors, including the founders, collectively hold the largest shareholding in the company, followed by investors from Singapore, the UK and the US, he added.
Elon Musk now wants an Amazon rival to challenge Jeff Bezos' empire
In a recent post on X, Elon Musk proposed the intriguing notion of launching an Amazon rival, sparked by frustrations over Amazon's obstruction of Grok bots from placing orders. This latest comment underscores Musk's continuing rivalry with Jeff Bezos in both tech and space industries, while users on X share their excitement about the potential new service, reflecting the competitive and innovative landscape of e-commerce.
US Market: Meta shares rebound as Muse AI agent fuels revenue hopes
Meta shares have rebounded as investor optimism grows around Muse, its AI agent aimed at creating revenue beyond advertising. The company faces scrutiny over heavy AI spending, privacy concerns and competition, but Muse’s early downloads, retail partnerships and integration with smart glasses could help Meta monetize its vast user base.
US government seeks to join Elon Musk in challenge against EU's fine on X
The US government has formally requested to join Elon Musk's effort to annul a significant EU fine. The fine of €120 million was imposed by European tech regulators for breaching online content regulations. This action followed a two-year investigation under the Digital Services Act initiated by the EU. The US Department of Justice criticized the EU's regulatory authority, claiming it oversteps its jurisdictional boundaries.
Elon Musk clashes with Chess.com online over whether AI will 'solve' chess
On Thursday, Musk wrote that the number of chess moves that aren't "utterly stupid" is small and that "chess will be fully solved one day."
Child abuse victim sues Elon Musk's xAI over AI-generated images
The complaint, lodged Wednesday in the Northern District of California by an anonymous plaintiff identified as Jane Doe 1, alleges that xAI designed Grok to alter real photographs of identifiable people into sexual content and then published the results directly to the X social media platform (formerly Twitter).
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Inside the rise and fall of Indian Twitter rival Koo
Koo, the Indian social media platform aiming to rival Twitter, has closed down due to unsuccessful acquisition negotiations. The company struggled with funding challenges and workforce reductions amidst a competitive landscape. Here's a quick recap of the company's journey.

X rival Bluesky reaches over 1 million users
"We're grateful to the early users and developers who have helped us reach this point. Thank you for joining us early on this journey and helping test all aspects of the network before the open public launch. We're excited for many more people to join soon," Bluesky said in a blogpost on Tuesday.

What will it take to keep the reluctant Twitter users flocking to Meta's new Threads app?
In the past few days, Meta has been positioning the much-hyped platform as a new digital town square that's a less toxic version of Twitter.

Twitter rival Threads signs up 100 million users in five days
While ChatGPT took two months to hit the 100 million user mark and video-sharing app TikTok took nine months, Instagram itself took two and a half years to reach that mark after its 2010 launch.

Suspended Twitter account tracking Elon Musk's jet moves to rival Meta's Threads
META-PLATFORMS-TWITTER-THREADS-Suspended Twitter account tracking Elon Musk's jet moves to rival Meta's Threads

Meta's Twitter rival Threads crosses 70 million signups in two days
It all happened in less than 24 hours. Meta launched Threads on Wednesday for iOS and Android users in 100 countries, and it is currently the top free app on the App Store.

What is Threads? All your questions about Meta's new Twitter rival, answered
New arrivals to the platform include celebrities like Oprah, pop star Shakira and chef Gordon Ramsay - as well as corporate accounts from Taco Bell, Netflix, Spotify, the Washington Post and other media outlets.

Twitter rivals pile up with Meta's launch of Threads
Since Elon Musk took over Twitter eight months ago, users irked by the platform's new regime have vowed to move their online presence elsewhere, though the habit has proved hard to break.

Meta's Twitter competitor Threads might not launch in EU: report
Meta (formerly Facebook) will reportedly not launch its new Twitter competitor "Threads" in Ireland or the European Union (EU) in the foreseeable future.

Thursday cage fight: Mark Zuckerberg throws a punch at Elon Musk with Twitter rival Threads
The Twitter clone will launch this Thursday. While Meta has been developing the app for some time now, the timing of its launch will pile the pressure on Twitter, which has been caught up in a multitude of issues since Elon Musk took over.

Meta's 'Twitter killer' app is coming
The app, which is called Threads and is connected to Instagram, appeared in Apple's App Store for users to sign up to download Thursday, when it will be released.

Instagram launch of Twitter rival ‘Threads’ expected on Thursday
Instagram is set to release a new app called Threads, which will function similarly to Twitter with text-based posts that can be liked, commented on, and shared. The app will allow users to follow the accounts they follow on Instagram and use the same username. Meta, Instagram's parent company, is aiming to take advantage of Twitter's problems since Elon Musk took over.

Search still on for alternatives to Elon Musk-owned Twitter
Since Elon Musk took over Twitter in October, users irked by the platform's new regime have vowed to move their online presence elsewhere, though this has proved harder than some had banked on.

What is Bluesky and why are people clamouring to join it?
Some Twitter users have been looking for an alternative social platform since Elon Musk bought the company last year and then changed the service. Bluesky's users say the app - which was funded by a Twitter founder, Jack Dorsey - has come the closest to mimicking Twitter's tone and feel.

Koo lays off 30% of its workforce over the course of the year
The three-year-old firm added that it was important for businesses of all sizes to adopt 'efficient and conservative approaches' to see this period through.

Twitter rival Koo integrates ChatGPT to help users create content
Koo users will be able to use ChatGPT directly within the app to help them draft posts about current events, politics or pop culture.

Meta explores decentralised social network app for text updates
The report said that Meta's new content app would support ActivityPub

Twitter rival Mastodon declines funding. Here's why
Since Elon Musk purchased Twitter for $44 billion in October, Mastodon downloads have risen up. Mastodon, an open-source microblogging platform created in 2016 by German software engineer Eugen Rochko, has witnessed a rise in users.

Mastodon, Hive Social and other Twitter rivals try to capitalise on Elon Musk-induced chaos
A race is on to dethrone Twitter and capitalize on the chaos of its new ownership under Elon Musk, the tech mogul who bought the social media company for $44 billion in late October.

Homegrown Twitter rival Koo says laid off 15 employees, not 40
Homegrown micro-blogging platform Koo on Tuesday said that it has laid off 15 employees, or 5 per cent of its workforce, and not 40 as earlier reported in the media.
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