Twitter Hackers Ridiculed as ‘Low IQ,’ but Implications Remain Serious

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Twitter Hackers Ridiculed as ‘Low IQ,’ but Implications Remain Serious

Despite being criticized by some for having a “super low IQ,” the hackers behind last night’s Twitter attack may have accomplished something with far more serious implications than mere financial gain.

Obama’s Twitter account hacked along with Elon Musk, Jeff Bezos and others | ABC7


Barack Obama, Joe Biden, Kanye West, Elon Musk and other high-profile figures and companies are among the targets of an apparent Twitter hack Wednesday soliciting Bitcoin transfers. More: https://abc7.com/technology/biden-obama-musk-among-targets-of-apparent-twitter-bitcoin-scam-/6319025/

Meta’s Rush to Topple Twitter Sets Up Looming Privacy Debate part 1


Meta’s Rush to Topple Twitter Sets Up Looming Privacy Debate

GDPR is halting Meta’s new Threads app from entering EU markets, portending a broader struggle over the right ways to collect user data on social apps.

Upcoming data privacy regulations are preventing Meta’s new microblogging app “Threads” from launching in European Union (EU) markets. Experts say this is only the beginning of the privacy battle facing the Twitter clone.

Meta’s attempted coup d’etat against the Twitter kingdom launched on Wednesday in over 100 countries, earning tens of millions of users in only its first day live. That, despite being unavailable to major markets within the EU.

The holdup has to do with “complexities with complying with some of the laws coming into effect next year,” Instagram CEO Adam Mosseri hinted on July 5. Mosseri’s statement may refer to the new antitrust-oriented Digital Markets Act, but experts also expect Threads to collide head-on with consumer privacy regulations, thanks to its wanton collection of just about every kind of personal data imaginable.

“It seems likely that they’re worried about the risk of rolling out something new that very clearly violates General Data Protection Regulation (GDPR) guidelines,” says Aaron Mendes, CEO and co-founder of PrivacyHawk. But Threads’ slow rollout doesn’t preclude it from flourishing in the future. “Facebook has a reputation of rolling things out over time — they like to get stuff out fast, and then get information in and iterate.”

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Three men charged in connection with celebrity Twitter hack


Prosecutors in the United States and the United Kingdom have charged three young men with hacking Twitter.
They are accused of taking over the accounts of several high-profile people, including former US President Barack Obama and Tesla boss Elon Musk.
Al Jazeera’s Sara Khairat reports.

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massive TWITTER HACK! (Elon Musk, Bill Gates, Mr. Beast, Kanye)


Elon Musk, Bill Gates, Gemini and many others had their Twitter accounts hacked, posting tweets tricking people to give cryptocurrency to a hacker’s wallet.

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Twitter vs. Elon Musk, Digital Euro`s Phase 2, New Investments + More News

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Twitter vs. Elon Musk, Digital Euro's Phase 2, New Investments + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Twitter logo removed in San Francisco as Elon Musk rebrands platform to ‘X’


Signage removal began Monday at the San Francisco headquarters of Twitter as Elon Musk unveiled a new “X” logo to replace Twitter’s famous blue bird.

Twitter Isn’t Making Money. Here’s Why Musk Thinks It Could Soon. | WSJ


Twitter is over $13 billion in debt. Many advertisers like Chipotle and United Airlines have fled. But CEO Elon Musk said the social media company has a shot at hitting profitability and becoming cash-flow positive within a few months.

Here’s why Musk is optimistic about the company’s revenue comeback, and how his purchase contributed to Twitter’s cash problem.

0:00 Twitter has not had an annual profit since 2019
0:48 Twitter’s cash flow problems before Elon Musk
1:27 Twitter’s financial situation after Musk purchased the company
5:18 Can Musk turn it around and make Twitter profitable?

News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day’s biggest stories into bite-size pieces to help you make sense of the news.

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Elon Musk changes Twitter logo in transition to ‘X’ app


#ElonMusk #youtube #twitter
Yahoo Finance’s Julie Hyman reports on Elon Musk changing the name of Twitter to ‘X’ and the removing the bird logo.
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Elon Musk kills Twitter name for for ‘X’ super app


CNBC’s Deirdre Bosa reports on Elon Musk’s latest rebranding. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

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