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Elon Musk

Elon Musk starts banning critical journalists from Twitter

Several Elon Musk-critical journalists have been blocked by Twitter.

Elon Musk, Twitter’s new owner and self-described freedom of speech absolutist, made a big effort to restrict the press on Thursday evening when he suspended the Twitter accounts of several prominent journalists.

Elon Musk
Image Source: theverge.com

In the midst of his spat with Sweeney and the now suspended @ElonJet account controlled by the teen, Musk had threatened to suspend any Twitter accounts that published real-time information on a person’s location.

The accounts of Donie O’Sullivan of CNN, Ryan Mac of The New York Times, Drew Harwell of The Washington Post, and other reporters who have actively covered Musk in recent weeks have all been abruptly and permanently suspended.

Read More: Elon Musk sells another $3.58 billion of Tesla shares

Musk stated that the journalists had broken his new “doxxing” policy by disclosing his “exact real-time” location, which amounted to what he called “assassination coordinates,” in a series of intermittent tweets. Musk’s precise real-time location didn’t appear to be provided by any of the journalists who were banned.

Thursday night, CNN issued a statement denouncing the “impulsive and unjustified” suspension of O’Sullivan and others from Twitter. CNN noted, “Twitter’s increasing instability and volatility should be of incredible concern for everyone who used Twitter. We have asked Twitter for an explanation, and we will reevaluate our relationship based on that response.”

Musk later reaffirmed his allegation that he had been doxxed in a Twitter Spaces hosted by a BuzzFeed journalist. Shortly before his suspension, O’Sullivan posted on Twitter that the social media platform had suspended the account of Mastodon, an up-and-coming rival social media platform, allowing @ElonJet, an account that updates the location of Musk’s private jet.

Doxxing is the act of publicly disclosing a person’s home address or other private information online. However, the banned Twitter account had tracked Musk’s plane using openly accessible flight data that is still available online.

The restrictions raise several concerns about the platform’s future, which has been dubbed a “digital town square.” The suppression of journalists by Musk raised serious concerns about his alleged support for free expression.

Musk has stated numerous times that he wants to allow all legitimate expression on the platform. He had tweeted, “I hope that even my worst critics remain on Twitter because that is what free speech means.”

Climate activists commonly utilize accounts like ElonJet to highlight the severe environmental impact that private jets have. Taylor Swift, Kim Kardashian, Kylie Jenner, and Elon Musk have all faced criticism this year for utilizing aircraft when more environmentally friendly alternatives might be employed.

Musk has long objected to the live sharing of his private jet’s whereabouts. He even went so far as to make the @ElonJet account manager an offer of thousands of dollars to take the account offline at one point.

After Twitter announced new rules barring accounts that track users’ real-time whereabouts, the @ElonJet handle, which had accumulated over 500,000 followers, was indefinitely suspended on Wednesday. Musk also deleted any accounts that included links to such data. Earlier, Twitter had no limitations regarding location sharing.

The modifications followed Musk’s decision to reinstate past Twitter policy violators and cease enforcing the restrictions on Covid-19 disinformation.

TikTok

US Senate passes bill to ban TikTok on government devices

A bill prohibiting federal employees from using the Chinese-owned short video-sharing app TikTok on devices owned by the government was approved by the U.S. Senate late on Wednesday by voice vote.

The bill, which was supported by Senators Josh Hawley of Missouri, Tom Cotton of Arkansas, Rick Scott of Florida, and Marco Rubio of Florida, was approved by senators unanimously on Wednesday night.

TikTok
Image Source: engadget.com

Hawley noted, “TikTok is a Trojan Horse for the Chinese Communist Party. It’s a major security risk to the United States, and until it is forced to sever ties with China completely, it has no place on government devices. States across the U.S. are banning TikTok on government devices. It’s time for Joe Biden and the Democrats to help do the same.”

Before being brought to President Joe Biden for approval, the bill still must be passed by the US House of Representatives. Before the current congressional sitting ends, which is anticipated to happen next week, the House of Representatives would have to pass the Senate bill.

The decision is the most recent move by American lawmakers to impose sanctions on Chinese firms amid concerns about national security that Beijing would use them to surveil Americans. The Senate took this decision after North Dakota and Iowa joined a rising number of American states this week in barring TikTok, owned by ByteDance, from state-owned devices out of worry that data would be given to the Chinese government.

Read More: Former FTX CEO Sam Bankman-Fried arrested in the Bahamas

In August 2020, legislation to prevent TikTok from being used on government equipment was unanimously enacted by the Senate during the previous Congress. Senator Josh Hawley of the Republican Party, the bill’s sponsor, revived it in 2021.

TikTok is already prohibited on devices used by many governmental institutions, including the Defense, Homeland Security, and State departments. As previously stated by Hawley, “TikTok is a major security risk to the United States, and has no place on government devices.”

Governors of North Dakota and Iowa have issued orders forbidding executive branch departments from installing the app on any technology provided by the government. Similar measures have been taken by almost a dozen American states, including Alabama and Utah this week.

TikTok, which has over 100 million users in the USA, dubbed the action as a “politically-motivated ban that will do nothing to advance the national security of the United States”.

As part of the national security assessment that was started under previous President Donald Trump, the company stated that it was preparing strategies “that we are well underway in implementing” to even further safeguard the platform in the US. The statement read, “We will continue to brief members of Congress on the plans.”

Australia and other nations have seen calls to ban TikTok, and Taiwan recently attempted to ban it on public devices. India blocked the TikTok app in 2020. Due to a Trump executive order that prohibited new downloads, TikTok was facing an effective ban in the US two years ago. However, judges rejected the order, and it was never put into effect.

President Joe Biden eventually revoked it. ByteDance was also ordered by the Committee on Foreign Investment in the United States, which is in charge of examining foreign ownership in the US, to sell TikTok in 2020. The company is still in talks with that agency.

Tesla

Elon Musk sells another $3.58 billion of Tesla shares

Tesla CEO Elon Musk publicly released one other 3.6 billion USD in stock purchases on Wednesday, bringing his combined score this year to nearly 40 billion USD and upsetting investors since the firm’s shares slumped to two-year lows.

According to a US securities filing, he sold 22 million shares in the world’s most profitable automaker over three days, from Monday to Wednesday.

Tesla
Image Source: foxbusiness.com

This is the second large stock sale he has made since his 44 billion USD acquisition of Twitter in October. It’s unclear whether the purchases are linked to the Twitter purchase, but they irritate investors who believe he’s shifting his attention and resources away from Tesla.

“It doesn’t put a lot of confidence in the business, or speak volumes for where his attention is at,” said Tony Sycamore, an analyst at brokerage IG Markets, where Tesla is a popular stock among small-time investors.

“It’s not a good situation. I’ve spoken to a lot of investors who have Tesla shares and they’re absolutely furious at Elon.”

Source: deccanherald.com

Tesla did not respond immediately to a Reuters request seeking comment, and Musk did not respond to an email sent outside of business hours. According to Refinitiv data, Musk’s 13.4 percent stake in Tesla is down from around 17 percent a year ago.

Read More: Elon Musk’s Twitter Dissolves Trust And Safety Council

Tesla’s stock price has gotten halved this year, trailing both automobile manufacturers and the wider tech-heavy Nasdaq, which is down approximately 30 percent in the present year. Musk’s overall sale over the last year is worth nearly $40 billion.

“It will start to be tiring for investors,” said Tareck Horchani, head of the prime brokerage dealing at Maybank Securities in Singapore.

Source: deccanherald.com

Musk’s fortune, which is mostly invested in Tesla stock, has fallen in value this year, and he temporarily lost his label as the world’s wealthiest person last week, as per Forbes, when he was defeated by Bernard Arnault, CEO of Louis Vuitton.

Binance

Binance withdrawals hit $1.9 billion in 24 hours

Binance, the biggest cryptocurrency exchange in the world saw $1.9 billion worth of withdrawals in only one day. Regulators are closely monitoring how cryptocurrency exchanges like Binance and the now-bankrupt erstwhile rival FTX handle customer deposits.

Binance
Image Source: taiwannews.com.tw

The U.S. Securities and Exchange Commission charged FTX founder Sam Bankman-Fried on Tuesday with defrauding investors. According to Nansen data, the $1.9 billion in withdrawals of Ethereum-based tokens represents the highest 24-hour outflow of assets since June 13 and is responsible for most of the money taken out during the previous seven days.

According to Binance CEO Changpeng Zhao, the exchange has once witnessed “some withdrawals” totaling over $1.1 billion. He then stated that the business had experienced worse days before. He tweeted, “We’re seeing the money flowing back already. We saw some withdrawals today (net $1.14b ish). We have seen this before. Some days we have net withdrawals; some days we have net deposits.”

Zhao, also known as “CZ,” claimed that after FTX’s demise in November, people had lost faith in the cryptocurrency industry. Sam Bankman-Fried, the founder of Binance’s former rival, was arrested this week in the Bahamas after being charged with a crime in the US. Early in November, FTX collapsed, sparking a surge of public calls for more regulations of the cryptocurrency sector.

Sam Bankman-Fried, the exchange’s founder, had bragged that it was the “most regulated,” yet he had established it in the Bahamas, where regulation was lax and had covertly exploited customer deposits. Attorneys for FTX said during a bankruptcy hearing that Bankman-Fried operated the exchange as a “personal fiefdom.” According to Bankman-Fried, he didn’t intentionally do anything improper.

The cost of digital coins has been falling due to worries about the industry’s state. With a year-to-date loss of more than 60%, the price of bitcoin was last going below $18,000.

However, following FTX’s stunning collapse, Binance’s company is also being scrutinized. According to unnamed sources cited by Reuters on Monday, US authorities were considering concluding its probe into Binance’s money laundering by “filing criminal charges against specific officials, including founder Changpeng Zhao.”

Bankman-Fried was charged with eight crimes, including conspiracy and wire fraud, on Tuesday in the US. US markets watchdogs have also accused Bankman-Fried of scamming investors and clients separately.

Bankman-Fried, often known as “SBF,” is a well-known figure in the cryptocurrency world who was instantly shunned after his business experienced a liquidity difficulty and declared bankruptcy last month, preventing at least one million depositors from having access to their money.

Splits among US Department of Justice officials are delaying the resolution of a protracted criminal investigation into Binance, the largest cryptocurrency exchange in the world, as per Reuters. The inquiry was launched in 2018 and is concentrated on Binance’s compliance with American anti-money laundering rules and sanctions.

As per Reuters several of the at least six federal prosecutors working the case feel that the information previously acquired supports taking serious action against the crypto exchange and charging certain officials, including the founder Changpeng Zhao, with crimes. The sources claimed that others have urged for taking the time to consider further evidence.

Twitter Blue

Twitter Blue Set to Relaunch with Higher Price for iOS Users

According to Esther Crawford, director of product management at Twitter, the Twitter Blue membership will resume on Monday, starting in five nations.

Twitter said that its monthly membership service, Twitter Blue, would resume on Monday for $8. However, customers who choose to subscribe through the Twitter app on their iPhone rather than the Twitter webpage will incur an additional $3 charge.

Image Source: cnet.com

According to the firm, users can subscribe to the updated service for $8 per month via the web but $11 per month via Apple iOS. Twitter Blue will allow users to edit tweets, upload 1080p videos, and receive a blue tick upon account verification.

Twitter noted, “We’re relaunching @TwitterBlue on Monday – subscribe on the web for $8/month or on iOS for $11/month to get access to subscriber-only features, including the blue checkmark.”

After Elon Musk’s takeover in November, the most recent version of Twitter Blue—which permitted users to purchase a blue-check verification—was first introduced. Immediately after a surge of impersonations on Twitter, it was suspended. Late in November, Musk once more put the launch on hold as he tried to avoid the 30% fee that Apple’s App Store levies on the majority of its sales.

Read More: Elon Musk claims Apple has threatened to remove the Twitter app

Musk has previously said that the cost was actually ten times higher than it ought to be and accused Apple of engaging in monopolistic behavior. Musk also asserted that Apple “threatened” to remove the Twitter app from the app store, but after speaking with Apple CEO Tim Cook on  30th November, he referred to it as a “misunderstanding.”

Despite media claims that the corporation was exploring measures to offset costs levied in the App Store, Twitter did not clarify why Apple customers were charged higher than other users on the web.

Twitter has previously made the blue checkmark accessible to anyone who pays $8 monthly to democratize the status of the blue checkmark, which was once used to authenticate reliable and notable accounts. As a result, numerous individuals purchased blue ticks to impersonate well-known individuals.

Crawford stated in a tweet that impersonation, which she claims is against Twitter Rules, has been combated by Twitter by adding a review process before giving a blue tick to an account.

Twitter may further color-code timelines with the relaunch of its subscription service by adding gold checkmarks for corporations and, shortly, grey checkmarks for governments and “multilateral accounts”.

Crawford tweeted, “Businesses who previously had relationships with Twitter will receive gold checks on Monday. We will soon open this up to more businesses via a new process.”

Twitter has advised users that changing their handle, display name, or profile picture will temporarily remove the blue checkmark from their account till their account is verified again.

As per Twitter, Twitter Blue is “currently available on iOS only in the US, Canada, Australia, New Zealand, and the UK, with plans to expand”. Musk has made it plain that he intends Twitter to rely less on advertising, which generated $5.1 billion in revenue for the company last year and constituted 90% of its total revenue.

This need has grown more pressing when the CEO of Tesla claimed a “massive drop in revenue” as a result of advertisers leaving the platform over worries about content moderation, which were made worse by the emergence of “verified” impostor accounts.

iOS 16.2

Apple’s iOS 16.2 update released: Check out the new features

Apple has begun to deploy iOS 16.2 to all users, together with iPadOS 16.2 as well as macOS Ventura 13.1. Among other things, the new version includes improved encrypted messages for iCloud data, Live Operations on the Home Screen, as well as a unique karaoke functionality for Apple Music. In addition, Apple is launching Freeform which is a collaborative whiteboard app.

iOS 16.2
Image Source: techcrunch.com

Here’s a rundown of everything you’ll be able to do with iOS 16.2.

End-to-end encryption for iCloud data

In earlier years, Apple has encoded sensitive data such as passwords before stashing it in iCloud. With a new Advanced Data Security mode, the firm is now introducing end-to-end encryption for most data. Emails, contact details, and calendar events are not encrypted end-to-end because they are focused on unsecured standard protocols.

If you enable Advanced Data Protection then only you will be able to view your device’s data by verifying your identity on a secure device such as an iPhone or a Mac. Anybody else attempting to decrypt the data, including Apple, will most likely find invalid data.

Read More: Apple now has a deadline for switching the iPhone over to USB-C

This is not to be confused with Lockdown mode, which protects reporters, activists, and defenders of human rights from threats such as government-grade spyware attacks.

With the release of iOS 16.2, all users living in the United States will be able to protect their information with encryption. According to the firm, a larger rollout is planned for next year. At this point, the Advanced Data Protection mode will safeguard backups of your device and messages, as well as voice memos reminders, Notes, Safari Bookmarks, and photos.

Karaoke mode on Apple Music

While Spotify Wrapped is a popular year-end event, Apple Music’s karaoke mode may be a fun feature addition to house parties all year. Apple Sing will also be usable to all iPhone 11 and later users, as well as iPad and Apple TV owners.

Apple separates vocals from music tracks using a fusion of improved real-time lyrical content synced for karaoke as well as on machine learning. It also separates and emphasizes background vocals to create a more immersive group experience. According to the company, at release, this function will be accessible to the top 80 percent of its most-listened-to songs in addition to more tunes being added as time goes on.

Spotify’s karaoke function has been in testing for months, according to users. However, no official rollout was ever confirmed by the company. So now that Apple Music has made this useful feature accessible to its users, the onus is on Spotify to add it to its service.

Freeform app

Throughout its Worldwide Developer Conference (WWDC) in June, Apple initially launched Freeform as just a digital whiteboard in its ecosystem. It was previewed last month when it was accessible in iOS 16.2, iPad 16.2, and macOS 13.1 beta versions.

The app is not complicated to use since it’s essentially an infinite board where you can draw items and lines, add media, append documents or notes, and write notes. There’s also a collaborative component, but everyone must use Apple devices.

Digital whiteboard products are extremely valuable. Adobe paid a hefty 20 billion USD for Figma, especially over the past month. Miro raised about 400 million USD earlier this year for a valuation of 17.5 billion USD. Whereas Apple is not currently competing for enterprise customers or professional designers, it is contending for the focus of casual tinkerers who may prefer Freeform over other tools.

Airdrop Limitation

With the iOS 16.1.1 update, Apple reworked AirDrop settings in China. If you set AirDrop to receive requests from “Everyone,” it is restricted to 10 minutes. Also with iOS 16.2 upgrades, the firm is now making this feature available to all users. After 10 minutes, the AirDrop setting reverts to “Contacts Only,” and you must change it by the manual process to “Everyone” each time.

Updates to live activities feature

Live Activities are widgets on the Home Screen and Lock Screen that can be changed in real-time with information. They were part of the iOS 16.1 upgrade. Apple is bringing Sports score updates via the Apple TV app in iOS 16.2. Users in the United States and Canada will have access to NBA, MLB game scores, and the English Premier League. In the meantime, customers in Australia, Brazil, Japan, Mexico, the United Kingdom, and South Korea will be able to access MLB scores through Live Activities.

Other features

• With this update, iPhone Indian users would be allowed to use 5G in qualified regions on the Reliance Jio network.

• The Weather app will include a devoted news section that will display local news stories.

• Apple is also going to add Sleep widgets to the Home Screen. These widgets keep you up to date on the latest sessions and stages. It also allows you, to quickly view your medication schedule.

Starting December 13, 2022, all users with an iPhone 8 or later will receive the iOS 16.2 update.