Musk is $8 billion less well off after acquiring Twitter. Adrees Latif/Reuters Elon Musk took an $8 billion hit to his net worth after buying Twitter, per Bloomberg wealth index. The world’s richest man finally sealed his $44 billion deal to acquire Twitter on Thursday. Musk said he bought the social media platform to “try…
Mark Zuckerberg as an avatar during Connect 2022 Meta Meta has thrown $36 billion at the metaverse but plans to spend many billions more on the project. Wary investors are calling for Meta to focus its effort on its profitable divisions. Insider compiled a list of tech breakthroughs that cost far less than the metaverse…
The Ugg store at the Oculus at One World Trade in New York City. Ann Matica/Insider Ugg seems to be making a comeback this fall after originally gaining popularity in the early 2000s. Deckers Outdoor Corp, which owns Ugg, reported the brand’s sales increased by $28.1 million year-over-year in its most recent quarter. I visited…
Construction worker observing a house. Getty Images Inflation and interest rates have soared throughout 2022. As the economy becomes more volatile, more homebuyers are sitting on the sidelines. It’s a “psychological hurdle” for homebuyers, the president of a large US home-building firm said. As soaring mortgage rates further reduce housing affordability, Ryan Marshall, the president…
Tesla is working on the Cybertruck pickup, Roadster supercar, and a dedicated self-driving taxi. Tesla Tesla plans to launch several models in the coming years. They’re in various stages of development. Deliveries of the semi-truck are scheduled to start in December. Elon Musk says an electric pickup truck, sports car, and self-driving taxi will follow….
Sega’s biggest franchise, Sonic the Hedgehog, has topped 1.5 billion sales. As spotted by our sister site, GamesIndustry.biz, the Japanese megacorp confirmed in its most recent financial report that that figure includes all premium sales and free-to-play downloads since the franchise was born in 1991. Interestingly, Sega Sammy Holdings also revealed sales of its other…
Modern Warfare 2’s ping system has seemingly been disabled in an attempt to control “wall-hack” cheaters. Within hours of reports that a ping bug on your death screen could let you track a single player for the rest of the game surfaced, developer Infinity Ward quietly disabled the ping system. “Huge Bug: You can Ping…
It was in 2009 when the power of Twitter really became evident. As some Iranians tweeted through the country’s elections during a media blackout, the site began to emerge as a critical tool of global activists. Later movements, including the 2011 Egyptian revolution and the Movement for Black Lives, relied on Twitter to disseminate information…
Remember when you were in grade school and found out you had a new teacher? Imagine Twitter as that class, and Elon Musk as the teacher now that a whole bunch of Twitter users are testing the boundaries of what’s allowed on the app under the tutelage of someone new. Researchers have seen a spike…
How often does your tech teach you something completely new about your physicality? For me, rarely – especially when said revelation pertains to the very thing that earns me the bulk of my income these days, my ears and testing the best wireless headphones on the market. But today was not a normal day. The illuminating…