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Big banks are trying to support the rescue of the US bank First Republic Bank, which has $215 billion in assets under its management. The bank's shares fell 35%. #SVBBank #SVB #CreditSuisse #FirstRepublicBank #BTC

Big banks are trying to support the rescue of the US bank First Republic Bank, which has $215 billion in assets under its management. The bank's shares fell 35%.

#SVBBank #SVB #CreditSuisse #FirstRepublicBank #BTC

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Twitter gets its new paid feature. 🤑🥲 In a move to tackle the persistent issue of bot accounts and enhance user experience, Elon Musk, CEO of Twitter, announced a forthcoming paid feature for new users. Under this plan, new users will be charged a small fee for activities such as posting, liking, replying to, and favoriting tweets. Musk emphasized the necessity of charging new accounts as a means to effectively prevent bot attacks, citing the ease with which current AI and trolls bypass traditional security measures like CAPTCHA. Premium users, however, will retain visibility of the coveted blue verification badge. While the exact implementation date and fee structure are yet to be finalized, Musk hinted at a similar approach previously tested in New Zealand and the Philippines, where unverified new users were charged an annual fee of $1. Twitter's recent efforts to cleanse the platform of spam accounts have underscored the necessity of more comprehensive solutions. By introducing a nominal fee for new users, Twitter aims to address the bot problem and foster a more authentic and engaging environment. User reactions have been mixed, with some expressing frustration over the prevalence of escort and troll accounts, while others have welcomed measures to curb irrelevant comments and spam. Concerns about the manipulation of user emotions and the need for better content moderation have also been raised. Musk's vision for Twitter includes free blue verification badges and AI advancement with Grok-1.5. Regulatory scrutiny, including from the SEC, follows Musk's actions. Twitter may also launch its own video platform to compete with YouTube. Twitter's diverse trending topics, from car rental prices to satellite receivers, highlight its appeal. Paid features for new users signal Twitter's commitment to combatting bot activity and enhancing authenticity. #x #TwitterX #elonMusk #Twitter
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HMD Global aka Nokia is Diving into Modular Phones. 📱🔥 In the dynamic world of smartphone technology, innovation knows no bounds. HMD Global, the proud parent company of Nokia, is set to make waves with its latest venture: Project Fusion. Imagine a smartphone that evolves with you, tailored precisely to your needs. That's the promise of Project Fusion—a modular smartphone initiative that empowers users to augment their devices with a range of interchangeable components. From enhanced cameras to extended battery life, the possibilities are endless. HMD Global has even released development kits and potential accessory designs, inviting enthusiasts and developers alike to participate in shaping the future of mobile technology. While Nokia has long been synonymous with mobile phones, HMD Global is charting a new course by focusing on its own brand. This strategic shift reflects the company's commitment to innovation and differentiation in a competitive market landscape. Modular phone concepts have tantalized tech enthusiasts for years, but widespread adoption has remained elusive. Despite previous setbacks, HMD Global remains undeterred, seizing the opportunity to breathe new life into modular phone technology. With Project Fusion, HMD Global is breaking new ground, defying conventions, and reimagining the smartphone experience. By offering users the freedom to customize and upgrade their devices, the company aims to reignite interest in modular phones and pave the way for a more personalized mobile future. Anticipation is building as consumers eagerly await the arrival of Project Fusion phones. While initial availability may be limited to select countries, the potential impact on the global smartphone market is undeniable. Project Fusion is more than a product—it's a vision of innovation, adaptability, and empowerment. Stay tuned as HMD Global pushes boundaries and transforms mobile technology. #nokia #HMDglobal #Smartphone #ProjectFusion
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