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In a boost to Elon Musk's <keyword id="20034452" type="General" weightage="20" keywordseo="starlink" source="keywords">Starlink</keyword>, Communications Minister Scindia has said the spectrum for satellite broadband will be allocated and not auctioned as sought by Indian billionaires Mukesh Ambani and Sunil Mittal. The satellite broadband spectrum will however be not given free and sector regulator Trai will fix a price for the resource, he told PTI in a text and video interview. "Every country has to follow the <keyword id="20848482" type="General" weightage="20" keywordseo="international-telecommunications-union" source="keywords">International Telecommunications Union</keyword> (ITU), which is the organisation that lays out the policy for spectrum in space or satellites, and the ITU has been very clear in terms of the spectrum being given out on an assignment basis. In addition, if you look across the world today, I cannot think of a single country that auctions spectrum for satellite," Scindia said. India is a member of the International Telecommunication Union (ITU), a UN agency for digital technology. Musk's Starlink and global peers like Amazon's Project Kuiper back an administrative allocation. While Ambani's Reliance Jio has been vocal about the need to allocate such spectrum through an auction to provide a level playing field to legacy operators who buy airwaves and set up infrastructure like telecom towers, Mittal last month at an industry event where Prime Minister Narendra Modi was also present articulated the need to use bidding for such allocation. Jio and Mittal's Bharti Airtel - India's largest and second-largest operators, respectively - feel that giving away the satellite broadband airwaves at a pre-decided price by the government will create an uneven playing field since they had to compete in an auction to get spectrum for their terrestrial wireless phone networks. The two are vying for a piece of the satellite broadband segment as well. Musk-led Starlink is demanding administrative allotment of licences in line with the global trend as it looks to tap into the world's fastest-growing mobile telephony and internet market. Scindia said the Telecom Act of 2023 passed in December has put the matter in 'Schedule 1', which means that the Satcom spectrum will be allocated administratively. Such an allocation will be at a government-decided price, and allow foreign firms like Starlink to offer voice and data services. If the spectrum were to be auctioned, it would have made it costlier for Starlink to roll out services. Starlink has applied for a licence to start operations in the country. Scindia, however, offered no clues on the fate of his application. The minister said that the regulatory process is very clear and transparent. The new Telecom Act has been passed, and the Satellite spectrum is very clearly a part of that in schedule one, he pointed out. "...and therefore, we are open to looking at the application of any entity that wants to invest in India at this point in time. I think only one or two licenses have been given out. And whoever else wants to participate, India is surely going to welcome that," the minister said. Last month, Musk, in a post on X, termed the demand made by Jio for shunning sector regulator Trai's consultation paper on satellite broadband being allocated and not auctioned as "unprecedented", and when Mittal made the pitch in the presence of the Prime Minister, he asked if it was "too much trouble" to allow Starlink to provide internet services in India. This was perhaps the first time that Musk, whose networth of USD 241 billion is more than the combined wealth of Ambani, Mittal and Gautam Adani, had spoken directly against demands for a level playing field made by the Indian firms. Musk, the mind behind PayPal, founder of Tesla and SpaceX and owner of X (formerly Twitter), uses his social media platform on a daily basis to make his views known on a vast array of topics.

In a win for Elon Musk, Scindia says no to spectrum auction pitch from Ambani, Mittal

<keyword id="19905255" type="General" weightage="100" keywordseo="SpaceX" source="keywords" meta.keywordsubtype="org" meta.entityname="SpaceX" meta.hostid="261" meta.entityid="SpaceX">SpaceX</keyword> will launch its first uncrewed <keyword id="23083681" type="General" weightage="20" keywordseo="Starships" source="keywords">Starships</keyword> to <keyword id="19901192" type="General" weightage="20" keywordseo="Mars" source="keywords">Mars</keyword> in two years when the next Earth-Mars transfer window opens, Chief Executive Officer <keyword id="19903807" type="General" weightage="20" keywordseo="Elon-Musk" source="keywords">Elon Musk</keyword> announced on Saturday. Elon Musk stated that these will be uncrewed to test the reliability of landing intact on Mars. He added that if those landings go well, then the first crewed flights to Mars will be in four years. Taking to X, Elon Musk stated, "The first Starships to Mars will launch in 2 years when the next Earth-Mars transfer window opens. These will be uncrewed to test the reliability of landing intact on Mars. "If those landings go well, then the first crewed flights to Mars will be in 4 years. Flight rate will grow exponentially from there, with the goal of building a self-sustaining city in about 20 years. Being multiplanetary will vastly increase the probable lifespan of consciousness, as we will no longer have all our eggs, literally and metabolically, on one planet," he added. In another post on X, Musk stated that SpaceX created the first fully reusable rocket stage and made the reuse economically viable. "SpaceX created the first fully reusable rocket stage and, much more importantly, made the reuse economically viable. Making life multiplanetary is fundamentally a cost per ton to Mars problem," Musk posted on X. "It currently costs about a billion dollars per ton of useful payload to the surface of Mars. That needs to be improved to USD 100k/ton to build a self-sustaining city there, so the technology needs to be 10,000 times better. Extremely difficult, but not impossible," he added. In June this year, SpaceX's Starship, the most powerful launch vehicle ever made, launched and achieved key objectives planned for its fourth test flight that showcased the vehicle's reusability, CNN reported. It was launched from a private Starbase facility in Boca Chica, Texas, on June 6 at 8:50 am ET, and the company streamed live coverage on X. The Starship launch system has the upper Starship spacecraft and a rocket booster known as the Super Heavy. According to SpaceX broadcast, of the rocket's 33 engines, 32 lit during the launch of the Starship, according to CNN report. The vehicle achieved multiple milestones during the test flight, including the survival of the Starship capsule upon reentry during peak heating in Earth's atmosphere and splashdown of both the capsule and booster. After separating from the spacecraft, the Super Heavy booster for the first time executed a landing burn and had a soft splashdown in the Gulf of Mexico after eight minutes of the launch. Meanwhile, the Starship capsule achieved orbital insertion. Around 50 minutes following the launch, the spacecraft started its controlled reentry journey, and a colourful buildup of plasma could be witnessed around the vehicle as its heat shield faced the extreme temperatures of Earth's atmosphere, CNN reported. The Starlink satellites of the company helped in the livestream that was continuously available during reentry. A flap near the camera view on Starship seemed to scorch during reentry, and particulate matter blocked some of the view of the camera, the report said. In the end, Starship was able to achieve its expected landing burn into the <keyword id="19899989" type="General" weightage="20" keywordseo="indian-ocean" source="keywords">Indian Ocean</keyword>.

Elon Musk: SpaceX to launch first Starships to Mars in two years

<ul><li><keyword id="19903807" type="General" weightage="20" keywordseo="Elon-Musk" source="keywords">Elon Musk</keyword> on Tuesday claimed that X, formerly <keyword id="19959118" type="General" weightage="20" keywordseo="Twitter" source="keywords" meta.keywordsubtype="org" meta.entityname="Twitter" meta.hostid="261" meta.entityid="Twitter">Twitter</keyword>, reached a 'record high in usage'</li><li>Musk said that X experienced a total of "417 billion user-seconds globally" in one day. </li><li>In March, XData claimed that 250 million people use X every day for 30 minutes on an average.</li></ul>Tech billionaire and <keyword id="19895433" type="General" weightage="20" keywordseo="Tesla" source="keywords" meta.keywordsubtype="org" meta.entityname="Tesla" meta.hostid="261" meta.entityid="Tesla">Tesla</keyword> CEO Elon Musk claimed on Tuesday that his platform X, formerly Twitter, reached a 'record high in usage'. Musk said that X experienced a total of "417 billion user-seconds globally" in one day. In a post on X, Musk said, "<keyword id="22429276" type="General" weightage="20" keywordseo="X-usage" source="keywords">X usage</keyword> hit another all-time high yesterday with 417 billion user-seconds globally! In the US, user-seconds reached 93B, 23% higher than the previous record of 76B. In a single day." In March, XData claimed that 250 million people use X every day for 30 minutes on an average. "You're absolutely right @XNews. 250 million people use X every day. 550 million people visit the global town square every month. On average, users spend 30 minutes a day on X," the post said. XNews said that X is 'indispensible'. In a post, it said, "X is indispensable - and the numbers prove it! What's the latest @XData?" Musk in October 2022, took ownership of the influential <keyword id="19897919" type="General" weightage="20" keywordseo="social-media" source="keywords">social media</keyword> platform - Twitter in USD 44 billion deal. In the ensuing days, Musk fired top executives, laid off half of the company's staff, formed a content moderation council to review account reinstatements and revamped the platform's subscription service. There have been many changes in the company since Tesla and SpaceX CEO Elon Musk took over, some of which have been rather contentious, such as when he opted to restore suspended accounts. With controversial decisions, Twitter started losing huge amounts of advertisement revenue, after which Musk introduced paid verifications in the form of <keyword id="20038997" type="General" weightage="20" keywordseo="twitter-blue" source="keywords">Twitter Blue</keyword>. Musk, in July 2023, rebranded the platform as X over the summer, replacing the well-known blue bird associated with Twitter. To boost platform engagement, Musk announced on March 28, 2024 that X accounts with over 2,500 verified subscriber followers would be granted free access to Premium features, while those with over 5,000 followers would enjoy Premium+ features at no cost. SEE ALSO:<a href="https://www.businessinsider.in/business/news/zomato-and-swiggy-increase-platform-fee-by-20-food-deliveries-to-get-costlier/articleshow/111758782.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/news/zomato-and-swiggy-increase-platform-fee-by-20-food-deliveries-to-get-costlier/articleshow/111758782.cms" target="_blank">Zomato and Swiggy increase platform fee by 20% – food deliveries to get costlier</a><a href="https://www.businessinsider.in/tech/mobile/news/oneplus-summer-launch-event-oneplus-nord-4-pad-2-and-more-to-launch-today/articleshow/111772672.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-summer-launch-event-oneplus-nord-4-pad-2-and-more-to-launch-today/articleshow/111772672.cms" target="_blank">OnePlus Summer Launch Event – OnePlus Nord 4, Pad 2 and more to launch today</a><a href="https://www.businessinsider.in/stock-market/news/ipos-this-week-four-ipos-to-hit-the-street-this-week/articleshow/111745283.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/news/ipos-this-week-four-ipos-to-hit-the-street-this-week/articleshow/111745283.cms" target="_blank">IPOs this week – four IPOs to hit the street this week</a>

Elon Musk claims 'record high' X usage

Texas [US], April 6 (ANI): <keyword id="2785876" type="General" weightage="20" keywordseo="tesla-ceo-elon-musk" source="Orion">Tesla CEO Elon Musk</keyword> has announced that <keyword id="19895433" type="General" weightage="20" keywordseo="Tesla" source="keywords" meta.keywordsubtype="org" meta.entityname="Tesla" meta.hostid="261" meta.entityid="Tesla">Tesla</keyword> will unveil a '<keyword id="21214780" type="General" weightage="100" keywordseo="robotaxi" source="keywords">robotaxi</keyword>' on August 8. He made the announcement in a post on social media platform X, which stated: "<keyword id="21214781" type="General" weightage="20" keywordseo="tesla-robotaxi" source="keywords">Tesla Robotaxi</keyword> unveil on 8/8." In the past, Musk has expressed liking for self-driving vehicles, stressing that Tesla will make a car that did not have human controls and they will be one of Tesla's most important products. He had also said that Tesla cars, which will have full self-driving capability through software, gradually become better and better at driving, CNN reported. Musk added that the cars, at some point, will have the capability of operating as fully autonomous taxis and could earn money for their owners by giving taxi rides on their own. So far, Tesla has passed several of Musk's predictions for when actual self-driving would be possible. In April 2019, Tesla said it expected to start operating robotaxis by 2020. The company predicted that the autonomous car would last 11 years and drive 1 million miles, which would make the company and the car operators earn a profit of USD 30,000 each year. However, <keyword id="19903807" type="General" weightage="20" keywordseo="Elon-Musk" source="keywords">Elon Musk</keyword> has admitted that his track for predictions can be off sometimes by a mile. In an event in April 2019, he said, "The only criticism and it's a fair one, sometimes I'm not on time. But I get it done and the Tesla team gets it done," according to CNN report. Presently, people can buy full self-driving capability with a new Tesla Model 3 for an additional USD 12,000 added to the car's roughly USD 40,000 purchase price. The full self-driving capability can be bought on a subscription basis for up to USD 199 a month, based on how the car was originally equipped. In small gray type, Tesla's on-line description reads, "The currently enabled features require active driver supervision and do not make the vehicle autonomous," implying that it is not, in fact, capable of fully self-driving today. According to Musk, the system will one day make Tesla cars incredibly valuable. In the company's call for the third quarter in 2023, he noted, "You can think of every car we sell or produce that has full autonomy capability as something that in the future may be worth five times what it is today." Experts who have tested the system have said that, as of now, it is still far from being able to drive on its own without human control, CNN reported. Kelly Funkhouser, associate director of vehicle technology for Consumer Reports, recently tested the system. Funkhouser said she is less worried about its safety than she is about ordinary Tesla Autopilot, which is made to give more limited driving assistance, particularly on highways. She said, "You're not likely to tune out and become complacent or over-reliant on it." Funkhouser added, "In fact, I would say you're potentially more alert, CNN reported. A number of companies, including Google's parent company Alphabet's subsidiary and GM subsidiary Cruise, are working on autonomous ride-sharing services. Cruise has halted testing work after one of its self-driving cars hit and dragged a pedestrian. An internal review found that representatives of Cruise did not fully open up with regulators regarding the incident. The US Department of Justice is conducting an investigation into the matter. Meanwhile, Waymo, recently, recalled its own cars after two of its cars hit the same tow truck within minutes of one another. Meanwhile, a report in the Financial Times had on April 3 said that Tesla Motors will send a team to scout locations in India this month for a proposed USD 2-3 billion electric car plant. This development comes after India lowered tariffs on higher-priced imported EVs last month for companies that commit to making them in the country within three years.

Tesla to unveil Robotaxi on August 8, Elon Musk announces

Amid layoffs and a severe cost-cutting, Twitter has closed offices in <keyword id="66" type="General" weightage="80" keywordseo="delhi" source="Orion">Delhi</keyword> and <keyword id="6358070" type="General" weightage="100" keywordseo="mumbai" source="Orion">Mumbai</keyword> and asked staff to work from home, according to sources. The micro-blogging platform's Bengaluru office which largely has engineering staff remains operational, the sources said. The Delhi and Mumbai offices shuttered a few weeks ago, with remaining staff now working from home, sources privy to the matter said. However, the number of employees affected by the move could not be immediately ascertained. A mail sent to Twitter on the issue did not elicit a response. The closure of the two offices in key locations in India comes as the platform has initiated a massive cost-cutting drive globally, after billionaire Elon Musk's USD 44 billion takeovers of Twitter, last year. The firm downsized from more than 7,000 people to 2,300 active employees across the globe - the mass-layoffs began with the firing of CEO <keyword id="3115373" type="General" weightage="80" keywordseo="parag-agrawal" source="Orion">Parag Agrawal</keyword> as well as the <keyword id="53346" type="General" weightage="80" keywordseo="cfo" source="Orion">CFO</keyword> and many other high-ranking leaders last year. In the retrenchments that followed, Twitter fired the majority of its over 200 employees in India as well. Only a handful was spared as layoffs culled roles across engineering, sales and marketing, and communications teams. The US-based social media platform, in an internal e-mail to employees in early November, said, "in an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce..." SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/govt-gives-in-principle-approval-to-nine-ethanol-blending-projects/articleshow/98005422.cms">Govt gives in-principle approval to nine ethanol blending projects</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/sports/news/bcci-chief-selector-chetan-sharma-resigns-as-per-sources/articleshow/98003169.cms">BCCI chief selector Chetan Sharma resigns, as per sources</a>

Twitter closes offices in Delhi, Mumbai; staff asked to work from home

<ul><li><keyword id="364027" type="General" weightage="100" keywordseo="musk" source="Orion">Musk</keyword>'s plan to charge Twitter users to get a verified account quickly prompted outrage .</li><li>This was after Twitter's new owner <keyword id="6355315" type="General" weightage="50" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> announced that getting a <keyword id="2425332" type="General" weightage="20" keywordseo="blue-tick" source="Orion">blue tick</keyword> on the microblogging site will cost around $8 a month.</li><li>However, the backlash did not affect Musk.</li></ul> Musk's plan to charge Twitter users to get a verified account quickly prompted outrage and disbelief among some longtime microblogging site users. However, the backlash did not affect Musk. On Wednesday morning, he took to Twitter and reaffirmed his stance on the matter at hand. "To all complainers, please continue complaining, but it will cost <keyword id="54123" type="General" weightage="50" keywordseo="usd" source="Orion">USD</keyword> 8," he tweeted."Totally stole idea of charging for insults &amp; arguments from Monty Python tbh," Musk later added. A day ago, Musk announced what amounted to a Twitter plus paid subscription service that will allow users to post long videos, audio and also combat "spam and scam." "Twitter's current lords &amp; peasants system for who has or doesn't have a blue checkmark is bullshit. Power to the people! Blue for USD 8/month," he tweeted. The <keyword id="11265742" type="General" weightage="20" keywordseo="Twitter-Blue" source="Orion">Twitter Blue</keyword> subscription launched widely almost a year ago as a way to view ad-free articles from some publishers and make other tweaks to the app, such as a different color home screen icon. In April, Twitter accepted Musk's proposal to buy and take the social media service private. However, Musk soon began sowing doubt about his intentions to follow through with the agreement, alleging that the company failed to adequately disclose the number of spam and fake accounts on the service. In July, in a surprising turn of events, Elon Musk who had long been showing his interest to buy Twitter terminated the deal. The Tesla CEO did so by alleging that Twitter violated their mutual purchase agreement by misrepresenting the number of spam and fake bot accounts on its platform.After Musk put out the deal termination announcement, the market saw a sharp decline. Later, Twitter sued Musk accusing him of using bots as a pretext to exit a deal. Again, last week, Musk confirmed that he would move forward with the Twitter buyout at the originally agreed price of USD 54.20 per share. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/ai-lending-platform-upstart-lays-off-7-of-employees/articleshow/95248538.cms">AI lending platform Upstart lays off 7% of employees</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/indian-commercial-vehicle-sector-will-log-volume-growth-say-experts/articleshow/95248296.cms">Indian commercial vehicle sector will log volume growth say experts</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/india-on-track-to-become-third-largest-economy-by-2030-morgan-stanley/articleshow/95248406.cms">India on track to become third-largest economy by 2030: Morgan Stanley</a>

Continue complaining, but it will cost USD 8: Elon Musk on blue tick fee backlash

New Delhi, US-based electric vehicle maker <keyword id="107096" type="General" weightage="20" keywordseo="tesla" source="Orion">Tesla</keyword> is looking to source components worth around USD 1.9 billion this year against USD 1 billion in the last year, Commerce and Industry Minister Piyush <keyword id="6361408" type="General" weightage="20" keywordseo="Goyal" source="Orion">Goyal</keyword> said on Wednesday. The minister said that going forward, demand for electric vehicles will increase and it will help in pushing the growth of the sector. "Tesla already last year bought one billion dollars of components from I think all of you sitting here.... I have the list of companies who supply to Tesla. This year their target is nearly USD 1.7 billion or USD 1.9 billion what they mentioned," he said here at an annual session of ACMA. When asked about foreign firms looking to invest in India as part of their China plus one strategy, Goyal said that global companies are coming to India because of its attractiveness. "I totally debunk and reject the China plus one theory. That's not what is going to drive India...India of today stands on its own feet. The India of today has offerings for the rest of the world... both for investment and trade," he said. Goyal added that India provides them good business environment, skills, managerial talent, a big market, and demand generated by 1.4 billion people. "It's a rules-based economy..., it's a young democracy.....one of the fastest growing large economies. All of this makes it a compulsive investment destination. "Therefore companies around the world have gone beyond the China-plus-one story, they have gone beyond the ABC philosophy of anything but China, they have gone beyond friend-shoring or near-shoring and is looking at India as a trusted partner, he added.. The electric auto industry, as it grows worldwide, will see growth in India also, he said. In many cases, for example in taxis, and public transport buses, India is already seeing electric vehicles becoming a very compulsive investment case.. "...as we get large scale production ... we will start enjoying the fruits of economies of scale, will start enjoying the fruits of new technologies, innovation R&amp;D coming into India, he said.

Elon Musk's Tesla looking at sourcing components worth $1.9 billion from India: Goyal

<keyword id="6354616" type="General" weightage="20" keywordseo="twitter" source="Orion">Twitter</keyword>'s top executives, including Parag Agrawal and Vijaya Gadde will be entitled to "golden parachute" payouts worth more than USD 122 million after being fired by the company's new owner, <keyword id="6355315" type="General" weightage="20" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> fired. A golden parachute is essentially a contract which entitles top executives of a company to substantial benefits in case they lose their jobs following a merger, takeover or acquisition. This measure is also known as a 'poison pill' since it can act as a safeguard against hostile takeovers. In August, US-based corporate research firm Equilar had estimated that ex-CEO Paras Agrawal alone could receive a USD 42 million payout if he is terminated after the takeover. The debt-funded deal has become a costly exercise even for Musk, the world's richest man. Legal costs in particular are likely to have run into the tens of millions of dollars after Musk tried to terminate the deal with Twitter in July, arguing that the company had misled him over the number of bot accounts on the social network. Agrawal is likely to receive the largest payout, worth USD 57.4 million, while Segal and Gedde are entitled to USD 44.5 million and USD 20 million respectively, according to company filings. The three executives also hold a cumulative 1.2 million shares, which are likely to be bought by Musk as is standard in any takeover. Those payments would be worth USD 8.4 million to Agrawal, USD 22 m to Segal and USD 34.8 million to Gadde. After closing the USD 44 billion acquisition deal, Elon Musk has started to reform the policies of the micro-blogging platform and is wasting no time remodelling it by cutting off employees, and introducing plans for a council to determine content decisions, The Hill reported. In one of the first few changes, he purged the top executives of the company as soon as he closed the expected deal in which Twitter CEO Parag Agrawal and finance chief Ned Segal left the company's San Francisco headquarters. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/dcx-systems-ipo-subscribed-by-8-7-times-on-day-1/articleshow/95224060.cms">DCX Systems' IPO subscribed by 8.7 times on day 1</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/international/news/malnutrition-in-afghan-children-skyrocketed-by-nearly-47-this-year-save-the-children/articleshow/95223082.cms">Malnutrition in Afghan children skyrocketed by nearly 47% this year: Save the Children</a>

Twitter bosses entitled to USD 122 million in 'golden parachute' payouts

San Francisco [US], August 4 (ANI): After introducing a feature to hide the Blue tick, X CEO <keyword id="6355315" type="General" weightage="80" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> has come up with a Live video feature. Taking to Twitter, <keyword id="364027" type="General" weightage="100" keywordseo="musk" source="Orion">Musk</keyword> updated fans with the new option and tweeted, "Live video now works reasonably well. Just tap the button that looks like a camera when you post." He also tested a live option and shared a hilarious video featuring himself and his teammates. He also flaunted his dumbbell and weight-lifting skills. On Thursday, X CEO introduced a new feature to hide the Blue tick. According to the Help page of the micro-blogging site, one of the features reads, "Hide your checkmark: As a subscriber, you can choose to hide your checkmark on your account. The check mark will be hidden on your profile and posts. The checkmark may still appear in some places and some features could still reveal you have an active subscription. Some features may not be available while your checkmark is hidden. We will continue to evolve this feature to make it better for you." As per the Mashable website report, for subscribers to <keyword id="11265742" type="General" weightage="50" keywordseo="twitter-blue" source="Orion">Twitter Blue</keyword>, the "Hide your blue checkmark" option is visible in the "Profile Customization" page in your Account Settings. Twitter first introduced the blue check mark system in 2009 to help users identify celebrities, politicians, companies, brands, news organizations and other accounts "of public interest" as genuine and not impostors or parody accounts. The company didn't previously charge for verification. Musk launched Twitter Blue with the check-mark badge as one of the premium perks within two weeks of the company's takeover last year. On April 1, Twitter removed blue ticks from verified accounts, following the implementation of paid subscription service which charges USD 8 for a blue verification badge on the microblogging site. (ANI)

Elon Musk introduces Live video feature for X

<ul class="summary-list"><li><keyword id="11897862" type="UNKNOWN" weightage="60" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> said he would keep supporting <keyword id="11955065" type="UNKNOWN" weightage="60" keywordseo="dogecoin" source="Orion">Dogecoin</keyword>, sending its price up by nearly 10%.</li><li>Like many cryptocurrencies the coin has lost most of its value this year following a huge selloff.</li></ul>Dogecoin jumped nearly 10% off near-record lows on Sunday after Elon Musk said he would continue to buy the cryptocurrency.The coin rose about 8.5% in the space of 24 hours after <a href="https://twitter.com/elonmusk/status/1538406040374595585">Musk tweeted</a>: "I will keep supporting Dogecoin."In response to another user telling Musk to "keep buying it then," he replied: "I am."Musk's tweets caused the cryptocurrency to spike nearly 10% in the space of an hour to $0.056, helping to compensate for heavy declines over the past month. It has aligned with a rebound in other cryptocurrencies as they struggle following significant losses.After a record 12-day losing streak, <keyword id="11893902" type="UNKNOWN" weightage="60" keywordseo="bitcoin" source="Orion">Bitcoin</keyword> was trading at about $18,300 on Sunday after sliding under $20,000 on Saturday, according to CoinDesk. It had been as low as $17,600.<keyword id="11892696" type="UNKNOWN" weightage="60" keywordseo="ethereum" source="Orion">Ethereum</keyword> fell as low as $880 before rising to trade at about $965, according to CoinDesk.The rises represent a fraction of the losses given up by cryptos this year, with Bitcoin down 70% and Ethereum down about three quarters this year. Dogecoin is down by two thirds.<a href="https://www.businessinsider.com/dogecoin-go-back-down-right-now-price-livee-billy-markus-2021-4">Dogecoin was started by its creators as a joke</a>, but has gained fans since Musk began to champion the coin in 2019.The makers of Dogecoin told Decrypt last year they were working with Musk to make the coin a <a href="https://decrypt.co/70945/exclusive-dogecoin-developers-say-theyve-been-working-with-elon-musk-since-2019">cheaper, greener alternative to bitcoin</a>.Its price has never recovered from a <a href="https://www.businessinsider.com/snl-elon-musk-dogecoin-hustle-future-currency-2021-5">Saturday Night Live appearance</a> in May 2021 where Musk jokingly labelled the coin a "hustle," sending it from record highs of $0.72 to $0.33 in a week. <a href="https://markets.businessinsider.com/news/currencies/dogecoin-elon-musk-twitter-takeover-meme-coin-payment-crypto-tesla-2022-4">The currency also rallied after news first broke of Musk's plan to buy Twitter in a $44 billion deal</a>.<a href="https://www.reuters.com/legal/transactional/elon-musk-sued-258-billion-over-alleged-dogecoin-pyramid-scheme-2022-06-16/">Musk was this week sued for nearly $260 billion</a> by a Dogecoin investor for allegedly running a "pyramid scheme", by pretending the coin has any sort of value to drive up its price.

Dogecoin spikes after Elon Musk says he'll keep buying the cryptocurrency

San Francisco, <keyword id="49715" type="General" weightage="20" keywordseo="x" source="Orion">X</keyword> (formerly <keyword id="6354616" type="General" weightage="20" keywordseo="twitter" source="Orion">Twitter</keyword>) has introduced a new $250 ad credit in order to lure back advertisers. "To show our appreciation to the small business community and highlight our recent product improvements, X will offer a one-time ad credit of $250 USD when a small business spends $1,000 USD on a new campaign within the next 30 days," the company said in a Business blogpost. According to the company, more than eight in 10 active advertisers on the platform are small and medium businesses In a related FAQ page, the platform said that the X Ads credits "Credits" will expire on December 31 of the calendar year they were issued. Also, the use of the Credits may be subject to a minimum spend on X Ads. "If User's ads account currency differs from US Dollars, an equivalent value of the Credits will be applied in User's account currency (the rate of exchange shall be determined in X's sole and absolute discretion)," the company added. The announcement follows an interview that X CEO Linda Yaccarino did with CNBC earlier this month, reports TechCrunch. Yaccarino had mentioned that X was incorporating AI-driven advertising technology that allows brands to control the content environment for their ads. This means brands can decide how careful they want to be about the kinds of content their ads are placed alongside. Yaccarino had also pointed out the resurgence of advertisers coming back to X, such as Coca-Cola and State Farm, after <keyword id="6355315" type="General" weightage="20" keywordseo="elon-musk" source="Orion">Elon Musk</keyword>'s takeover of the company had led several major advertisers to leave or reconsider their ad spend. However, the reality is that the company's advertising revenue has been declining despite Yaccarino's assurances. --IANS aj/shb

X introduces new $250 ad credit to lure back advertisers

Yet again, <keyword id="6354616" type="General" weightage="20" keywordseo="Twitter" source="Orion">Twitter</keyword> CEO <keyword id="6355315" type="General" weightage="50" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> is back with new updates for the micro-blogging site, and this time he has changed the iconic blue bird logo - which has served as a home button on the web version, with the "<keyword id="1990795" type="General" weightage="80" keywordseo="doge" source="Orion">doge</keyword>" meme of the Dogecoin cryptocurrency. Twitter users noticed the 'doge' meme, which is part of the logo of the Dogecoin blockchain and cryptocurrency and was created as a joke in 2013, on the web version of Twitter on Monday. <keyword id="364027" type="General" weightage="100" keywordseo="musk" source="Orion">Musk</keyword> also shared a hilarious post on his account wherein the 'doge' meme (which features the face of a Shiba Inu) in the car and telling the police officer, who seems to be seeing his driving license, that his photo has been changed. <div type="twitter" handle="elonmusk" handlename="Elon Musk" image="http://pbs.twimg.com/profile_images/1590968738358079488/IY9Gx6Ok_normal.jpg" favoritecount="497284" retweetcount="51140" status="https://t.co/wmN5WxUhfQ" createdat="1680547820000" id="1642962756906418176"></div> Notably, there was no change on Twitter's mobile app. It is pertinent to mention that the doge image (of a Shiba Inu) is well-known as the logo of the Dogecoin blockchain and cryptocurrency, which was created as a joke in 2013 -- to mock other cryptocurrencies like Bitcoin, Variety reported. Twitter's CEO also shared the screenshot of the March 26, 2022, conversation between him and the anonymous account where the latter was asking to change the bird logo to "doge." Sharing this post on Twitter, Musk wrote, "As promised." <div type="twitter" handle="elonmusk" handlename="Elon Musk" image="http://pbs.twimg.com/profile_images/1590968738358079488/IY9Gx6Ok_normal.jpg" favoritecount="466272" retweetcount="37731" status="As promised https://t.co/Jc1TnAqxAV" createdat="1680551064000" id="1642976364080041984"></div> According to Variety, Musk, who bought Twitter last fall in a USD 44 billion deal, is a well-known superfan of the Doge meme and he has promoted Dogecoin both on Twitter and during his appearance last year hosting "Saturday Night Live." After the change to Twitter's web logo Monday, the value of Dogecoin rose more than 20 per cent. After Musk tweeted in March 2022, prior to mounting his eventually successful bid to buy Twitter, "Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy. What should be done?" Musk tweeted.<div type="twitter" handle="elonmusk" handlename="Elon Musk" image="http://pbs.twimg.com/profile_images/1590968738358079488/IY9Gx6Ok_normal.jpg" favoritecount="14915" retweetcount="927" status="@WSBChairman Haha that would sickkk" createdat="1648318585000" id="1507783547964121088"></div> @WSBChairman had responded, "just buy twitter... and change the bird logo to a doge." Musk responded, "Haha that would sickkk". He had also posted another photo stating, "Seize the Memes of Production." Earlier, on February 15, Musk's love for 'doge' was visible as he posted the photograph of the Dogecoin blockchain and cryptocurrency logo, posing as the CEO, on his account with the caption, "The new CEO of Twitter is amazing."

Elon Musk replaces Twitter's blue bird logo with 'Doge' meme

Twitter CEO <keyword id="6355315" type="General" weightage="50" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> took to the microblogging site to announce the return of the coveted "<keyword id="11265742" type="General" weightage="80" keywordseo="twitter-blue" source="Orion">Twitter Blue</keyword>" tick after it was made unavailable following an increase in fake verified accounts. "Punting relaunch of <keyword id="6380502" type="General" weightage="100" keywordseo="blue" source="Orion">Blue</keyword> Verified to November 29th to make sure that it is rock solid", <keyword id="364027" type="General" weightage="80" keywordseo="musk" source="Orion">Musk</keyword> tweeted. The tweet received a number of questions from users, with the <keyword id="107096" type="General" weightage="50" keywordseo="tesla" source="Orion">Tesla</keyword> CEO answering some of them, adding to the information about changes that will take place on the platform. One user asked, "So are legacy checkmarks for non-corporate/government officials going away?" To this Musk said, "All unpaid legacy Blue checkmarks will be removed in a few months." Another user asked whether people can "change their names once they verify". The multi-billionaire's response was 'With the new release, changing your verified name will cause loss of checkmark until your name is confirmed by Twitter to meet Terms of Service." According to a report by The Verge, Twitter pulled off the service, which cost 7.99 USD for a verified 'blue check mark', in a matter of days after its release. This drastic decision was taken due to a sharp rise in fake verified accounts on the platform. The chaos began with a fake Nintendo account which posted the image of the well-known game character Mario raising a middle finger at the Twitter bird. Meanwhile, another fake Twitter account emerged for 'Eli Lilly', the pharmaceutical company. It had tweeted that insulin had become free. The SpaceX owner took the matter into his own hands and tweeted that any account that tried to impersonate someone else would be disabled unless its user declared it as a parody account. Twitter had originally launched a service for its iOS users that allowed them to get a blue verification tick on their profiles. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/apps/news/how-to-add-and-remove-your-whatsapp-account-on-your-second-phone/articleshow/95549492.cms">How to use same WhatsApp account on two smartphones</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/amazon-begins-firing-10k-employees-alexa-cloud-gaming-worst-hit/articleshow/95554072.cms">Amazon begins firing 10K employees, Alexa &amp; Cloud gaming worst hit</a>

Twitter Blue tick to make reappearance on November 29

When <keyword id="3115373" type="General" weightage="50" keywordseo="parag-agrawal" source="Orion">Parag Agrawal</keyword> was appointed CEO of <keyword id="6354616" type="General" weightage="20" keywordseo="Twitter" source="Orion">Twitter</keyword> in November 2021, the IIT graduate joined a steadily growing club of executives from India rising to the top of global corporations, but the 38-year-old executive's brief tenure at the helm of the social media giant was challenging and chaotic. Less than a year into his job as CEO, India-born <keyword id="12857" type="General" weightage="100" keywordseo="agrawal" source="Orion">Agrawal</keyword> was ousted from the company by its new owner billionaire <keyword id="6355315" type="General" weightage="50" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> who on Thursday closed the 44 billion dollar deal to acquire the social media behemoth. An IIT Bombay and Stanford alumnus, Agrawal joined Twitter in 2011 when there were fewer than 1,000 employees. Rising in the company, he became Twitter's chief technology officer in 2017. Considered a protege of Twitter co-founder <keyword id="265395" type="General" weightage="50" keywordseo="jack-dorsey" source="Orion">Jack Dorsey</keyword>, Agrawal was appointed CEO of Twitter after Dorsey stepped down. In announcing his decision to step down and name Agrawal as CEO, Dorsey had said at the time my trust in him as our CEO is bone deep. Dorsey had said that Agrawal had been his choice for CEO for some time given how deeply he understands the company and its needs. Parag has been behind every critical decision that helped turn this company around. He's curious, probing, rational, creative, demanding, self-aware, and humble. He leads with heart and soul, and is someone I learn from daily. Ajmer-born Agrawal's ascent to the top job at Twitter put him in a steadily growing club of executives hailing from India helming global corporations, including Microsoft CEO Satya Nadella, Alphabet CEO Sundar Pichai and Adobe CEO Shantanu Narayen. Indra Nooyi had served as PepsiCo's CEO for 12 years before stepping down in 2018.According to a May 2022 article in The New York Times, if <keyword id="364027" type="General" weightage="80" keywordseo="musk" source="Orion">Musk</keyword> removed him as chief executive, Agrawal could make USD 60 million, as per securities filings. Agrawal's time as Twitter CEO was challenging and turbulent. Just a few months into the job as CEO, Musk came into the picture. A CNN Business report said that in March this year, Musk had met with Dorsey to discuss the future direction of social media, according to a company filing. In the days that followed, Musk met with Twitter's board and some of its leadership team, including Agrawal; publicly announced that he'd become Twitter's largest shareholder; and accepted a seat on the company's board, the CNN report said. Musk tweeted a few days later that Is Twitter dying? The CNN report added that according to a court filing in late September, Agrawal had texted Musk responding to his tweet. "You are free to tweet is Twitter dying?' or anything else about Twitter, Agrawal had said in the text to Musk but it's my responsibility to tell you that it's not helping me make Twitter better in the current context. Next time we speak, I'd like you to provide (your) perspective on the level of internal distraction right now and how [it's] hurting our ability to do work I'd like the company to get to a place where we are more resilient and don't get distracted, but we aren't there right now. Musk had responded to Agrawal saying: What did you get done this week? In two follow-up texts, he rescinded his agreement to join the board, saying, I'm not joining the board. This is a waste of time. He added: Will make an offer to take Twitter private, according to the CNN article. On Agrawal's challenges to manage a "restive work force and deal with Twitter's mounting economic woes before likely being booted from the company, The New York Times had quoted Bob Sutton, an organisational psychologist and professor at Stanford University, as saying that there's no one in the world who would want to be in those shoes. The NYT article said that as Twitter's chief technology officer, Agrawal worked on some of Twitter's complicated technical challenges and built relationships with his engineering peers and Dorsey. He shared Dorsey's vision that Twitter's future hinged on overhauling its technology so it could rely more on machine learning and decentralize its services to give users more control over their experiences on the platform. As the Musk saga unfolded, the NYT said in the May 2022 article that at a virtual meeting for Twitter executives, Agrawal admitted he was exhausted. At the meeting, Mr Agrawal was raw about Twitter's issues and the hurricane of attention over Mr Musk's deal, two people with knowledge of the event said. But he also conveyed a sense of acceptance of his situation and said he would move forward with his plans for the company, they said, the NYT report had said. When he was appointed CEO in 2021, Agrawal said in a note posted on Twitter that he was honoured and humbled on his appointment and expressed gratitude to Dorsey's continued mentorship and your friendship. While it was a decade ago, those days feel like yesterday to me. I've walked in your shoes, I've seen the ups and downs, the challenges and obstacles, the wins and the mistakes. But then and now, above all else, I see Twitter's incredible impact, our continued progress, and the exciting opportunities ahead of us, he said. Our purpose has never been more important. Our people and our culture are unlike anything in the world. There is no limit to what we can do together. We recently updated our strategy to hit ambitious goals, and I believe that strategy to be bold and right. But our critical challenge is how we work to execute against it and deliver results - that's how we'll make Twitter the best it can be for our customers, shareholders, and for each of you. The world is watching us right now, even more than they have before. Lots of people are going to have lots of different views and opinions about today's news. It is because they care about Twitter and our future, and it's a signal that the work we do here matters, Agrawal said in his note last year. Agrawal is married to Vineeta Agarwala, a physician and adjunct clinical professor at Stanford Medicine. They have two children. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/sensex-shrugs-off-weak-global-cues-to-hit-60000/articleshow/95135992.cms">Sensex shrugs off weak global cues to hit 60,000</a> <a href="https://www.businessinsider.in/finance/news/rupee-gains-4-paise-to-82-29-against-us-dollar/articleshow/95138519.cms">Rupee gains 4 paise to 82.29 against US dollar</a> <a href="https://www.businessinsider.in/tech/news/musk-is-now-twitter-boss-fires-indian-origin-ceo-agrawal-other-top-execs/articleshow/95134427.cms">Musk is now Twitter boss, fires Indian-origin CEO Agrawal, other top execs</a>

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