Twitter CEO Jack Dorsey owned Square Inc. which enables sellers to accept card payments is now launching banking services for small businesses. Apart from offering businesses savings and checking accounts, Square banking will also offer loans to small and medium businesses through Square Loans. The aim is to attract small business owners who have been struggling to gain access from big banks.
Twitter CEO Jack Dorsey has announced to have donated over Rs 110 ($15mn) crore to help India in the COVID-19 crisis. The donation have been split among three NGOs - Care ($10mn), Aid India ($2.5mn) and Sewa International USA ($2.5mn). All the three NGOs will be jointly working to set up temporary COVID care centres, provide oxygen and other medical supplies along with reaching out to marginalized communities.
The services of micro-blogging website 'Twitter' went down on April 17 affecting thousands of users. Reportedly, many users were unable to access their account while receiving messages like "Something went wrong. Please try again" and "Cannot retrieve Tweets at this time." The outage affected the users for the second time in a day, as earlier, Twitter assured of working to solve the technical issue. Notably, 40,000 users were affected… read-more
Courtesy: English Jagran
Micro-blogging site Twitter founder and CEO Jack Dorsey's first tweet, dated March 21, 2006, was auctioned for Rs 21 crore on March 22. The text that read, "just setting up my twttr" was bought by Malaysia-based businessman and CEO of Bridge Oracle Sina Estavi. The tweet was sold against consideration in cryptocurrency Ether and will still be publicly available on Twitter. About Dorsey's tweet, Estavi predicted its value to surge like the… read-more
The Bitcoin value touched an all-time high of $60,012 during the trading day on March 13. Reportedly, the corporate-backed cryptocurrency's value increased many folds since March 2020, when it stood at $5,000. Seeing the rise, online payment platform PayPal has said to encourage its account holders to use the cryptocurrency. Launched in 2009, Bitcoin recently received $1.5 billion investments by Tesla’s Elon Musk, while Twitter’s Jack Dorsey… read-more
Courtesy: The Times of India
Twitter CEO Jack Dorsey is selling the microblogging platform's first-ever tweet as a cryptographically autographed digital certificate on 'Valuables by Cent', the virtual marketplace for non-fungible tokens. Additionally, the certificate bears metadata of the original tweet. Dating back to March 2006, the tweet, authored by Jack Dorsey, read "just setting up my twttr." Due to the platform's most famous tweets of all time, the highest bid… read-more
After Twitter wrongly showed Leh as a part of China's territory, Indian government has objected against it strongly. The government has written a letter to Twitter CEO Jack Dorsey and expressed its "disappointment and displeasure" against the "unlawful" act. A senior Indian official stated, "Any attempt by Twitter to disrespect sovereignty and integrity of India, which is also reflected by the maps, is totally unacceptable."
Courtesy: Economic Times
US President Donald Trump threatened to close down Twitter on May 28 following Trump's tweet on the mail-in ballot. Twitter claimed his tweets as "Mail-in ballots are fraudulent," by adding a warning below his tweets. Trump said the social media giant is trying to stifle free speech. CEO Jack Dorsey asked the President to punish him and not his firm.
Courtesy: India Today