Elon Musk capped off another chaotic week leading Twitter by posting a 24-hour "poll" Friday night asking his followers to vote yes or no on whether the company should reinstate former President Trump's account.
The latest: More than 1 million votes were cast within the first 30 minutes of the tweet's posting. Musk then added a second message reading "Vox Populi, Vox Dei" — Latin for "the voice of the people is the voice of God."
Elon Musk on Friday announced Twitter would deemphasize "hate" or "negative" tweets and that it has reinstated some accounts that had been suspended both before and after Musk acquired the company.
Why it matters:Musk originally said he wouldn't make any new content moderation decisions until a new "content moderation council" with "diverse views" convenes.
Binance and OKX yesterday suspended deposits in Circle's (USDC) and Tether's (USDT) stablecoins based on the Solana blockchain, in a puzzling display of crypto exchange operations.
Why it matters: The top two dollar-pegged stablecoins by market capitalization are listed on dozens of exchanges, but the sudden, unexplained actions taken by a few of those exchanges raise the question of how stable the Solana ecosystem is.
This year's FIFA World Cup in Qatar is gearing up to be a hot spot for governments spying on their adversaries, researchers and officials cautioned this week.
Driving the news: Cybersecurity firm Recorded Future released a report Thursday warning that state-sponsored hacking groups are likely to see the World Cup as "target-rich environment" for spying on foreign dignitaries and businesspeople.
Credit reporting agency TransUnion is testing a new token-based technology to prevent sensitive customer information from being shared whenever a third party requests a credit report, the vendor behind the tech first told Axios.
Why it matters: If adopted, the token could allow TransUnion to encrypt customers' sensitive data and limit its spread — adding another layer of security to the hordes of data the credit reporting agency collects on people.
Despite the government's best efforts, squashing ransomware still remains one of U.S. cyber officials' toughest tasks.
Driving the news: During public appearances at the Aspen Cyber Summit earlier this week, government officials gave a rare glimpse into just how difficult ransomware is to fight.
The Securities Commission of the Bahamas announced today that it had moved FTX Digital Markets (FDM) assets to wallets in the control of the government agency.
The big picture: A venue battle over the FTX bankruptcy is underway. A filing yesterday sought to bring proceedings under the Bankruptcy Court for the District of Delaware.
Misinformation about voting and election denialism didn't swamp the midterms as many experts had feared — and many election deniers on the ballot, particularly for the crucial secretary-of-state roles, lost their races.
How it works: Platforms, governments and the media took countermeasures that were at least partially effective, based on their lessons from 2016, 2018 and 2020.
Tech giants are ditching several consumer device product lines as dark economic forecasts make cost-cutting a priority.
The big picture: Tech’s biggest bear market in two decades has spurred tens of thousands of layoffs and plummeting stock prices, as companies scramble to find ways to minimize the downturn’s long-term impact.
Attendance is sluggish at movies and museums, but people are flocking to "immersive" shows that let them walk around (virtually) in a Van Gogh painting, King Tut's tomb or a surreal fantasy world.
Why it matters: People are yearning to ditch their sofas and phone screens for transcendent experiences that let them move around and mingle, untethered from a theater seat or virtual reality headset.
Elon Musk's Twitter tenure faced a new level of crisis Thursday evening as a large number of employees apparently chose to quit rather than accept the new owner's ultimatum to sign up for "extremely hardcore" conditions with "long hours at high intensity."
By the numbers: There's no way to know for sure how many employees remain at Twitter, but Musk had already laid off roughly half the social media company's 7,500 workers.
Why it matters: The company confirmed on Wednesday that it had started to lay off staff, which the New York Times estimates to be roughly 10,000 people — its largest ever round of cuts.
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