The billionaire acquired the microblogging website for $44 billion in late October. He himself admits having overpaid.
Twitter’s market value has declined to just one-third of what Elon Musk and his group of investors paid for it last year, according to a new estimate of the social media platform’s valuation by ...
"That is down from about $19.7 million at the end of October, shortly after Musk's takeover, and the third time Fidelity has ...
So spare a thought for Tesla CEO Elon Musk as he reflects on his $44 billion purchase of Twitter. Already a subscriber? Sign ...
Twitter is now worth 33 percent of what Elon Musk paid for it, according to an investment firm that helped finance the deal.
A monthly report of portfolio evaluations from Fidelity reflected the downgrade. Fidelity owned a $20 million stake in ...
Reddit app maker faces fees of $20 million per year to keep app alive, as social media firms cash in on AI boom ...
Twitter is testing its Community Notes feature for images, as well as videos. This is part of Twitter 's attempt to curb ...
The update comes on the heels of several AI-generated images that gained notoriety — remember Balenciaga pope?
Insider's Phil Rosen sits down with top money manager Ross Gerber, who explains why the future of Tesla looks promising.
Elon Musk pledged Twitter would abide by Europe's new content rules — but Yevgeniy Golovchenko is not so convinced. The Ukrainian academic, an assistant professor at the University of Copenhagen, ...
Reddit is a goldmine for companies in need of AI training data. That has led to a scenario in which small-time apps like Apollo are unable to survive.