Disgraced crypto boss Sam Bankman-Fried says he hopes to start a new business to make enough money to pay back victims of the FTX collapse. Eko Hot Blog reports that the 30-year-old faces several federal investigations into his former company’s handling of funds. EDITOR’S PICKS Colombia: Landslide Kills 3, Buries Several People Leaders Of South … Read more
Cleaners at Twitter’s headquarters in San Francisco have said that they were sacked without severance pay. Eko Hot Blog reports that one of them said that a member of Elon Musk’s team had said their jobs would be replaced by robots. EDITOR’S PICKS Colombia: Landslide Kills 3, Buries Several People Leaders Of South Africa’s Governing … Read more
The New York Times is facing its first major work stoppage since the 1970s after staff demanding better pay and benefits declared a 24-hour walkout. Eko Hot Blog reports that the firm said it was disappointed by the decision but was prepared to serve readers “without disruption.” EDITOR’S PICKS Colombia: Landslide Kills 3, Buries Several … Read more
Nigeria’s leading commercial bank, Sterling Bank PLC, has set a new milestone by winning the Overall Best Place to Work title for the fifth consecutive year at the annual Great Place to Work awards held in Lagos recently. EDITOR’S PICKS BBNaija Star, JMK Called To Bar After Dumping Law School To Join Reality Show Paternity … Read more
Elon Musk has said he and Apple boss Tim Cook have “resolved the misunderstanding” over Twitter possibly being removed from the app store. Eko Hot Blog reports that on Monday, Mr. Musk accused Apple of threatening to cut the platform from its App Store and said it had halted most of its advertising on the … Read more
Facebook owner Meta has been fined €265m (£230m) by Irish regulators. Eko Hot Blog reports that the Data Protection Commission opened an inquiry into Meta in April 2021, after data from 533 million people in 106 countries was published on a hacking forum having been “scraped” from Facebook years earlier. EDITOR’S PICKS Belarus: Foreign Minister … Read more
Nebraska agriculture officials say another 1.8 million chickens must be killed after bird flu was found on a farm in the latest sign that the outbreak that has already prompted the slaughter of more than 50 million birds across the United States continues to spread. Eko Hot Blog reports that the Nebraska Department of Agriculture … Read more
The FG has fixed a date for the resumption of the Abuja-Kaduna train services. Eko Hot Blog reports that the Federal Government of Nigeria has decided that train services will resume on the Abuja-Kaduna rail line on Monday, November 28, 2022. EDITOR’S PICKS Tinubu To Nigerians: Don’t Allow Visionless PDP Near Nigeria’s Commonwealth Again NIS … Read more
Elon Musk is ready to try his troubled new verification system for Twitter once again. This time, in color. Eko Hot Blog reports that the CEO of Twitter announced that Twitter will roll out its tentatively launching Verified on Friday next week. There’s changes to the program that he apparently hopes will stop people from … Read more
Elon Musk says Twitter will provide a “general amnesty” to some suspended accounts from next week. Eko Hot Blog reports that this came after he started a poll on Wednesday asking Twitter users whether accounts that had “not broken the law or engaged in egregious spam” should be let back on the social media platform. … Read more
Adidas has launched an investigation into reports that rapper Kanye West created a “toxic environment” when he was working with the brand. Eko Hot Blog reports that some workers on the Yeezy collaboration said he showed them explicit pictures and videos as part of bullying tactics. EDITOR’S PICKS Nigerians Can Now Renew Student Visas Without … Read more
One of Twitter’s most important charity partners says it is considering ending its relationship with the platform because of recent policy changes. Eko Hot Blog reports Anti-Defamation League (ADL) says Elon Musk’s surprise move to reinstate former President Donald Trump’s account is “dangerous and inconsistent”. EDITOR’S PICKS US Midterms: Georgia Court Rules Against Halting Saturday … Read more
Less than 24 hours after his shock return as Disney’s chief executive, Bob Iger says he is planning a major shake-up of the firm in the next few weeks. Eko Hot Blog reports that One of his first moves has resulted in the exit of the head of company’s Media and Entertainment Distribution division, Kareem … Read more
The Walt Disney Company announced late Sunday that former CEO Bob Iger would return to head the company for two years in a move that surprised the entertainment industry. Eko Hot Blog reports that Disney said Bob Chapek, who succeeded Iger in 2020, had stepped down from the position. EDITOR’S PICKS COVID-19: China Announces New … Read more
Rapper Ye, also known as Kanye West, returned to Twitter on Sunday, writing “Testing Testing Seeing if my Twitter is unblocked.” Twitter confirmed last month that West had been locked out of his account “due to a violation of Twitter’s policies.” Eko Hot Blog reports that while Twitter did not specify which policies West had … Read more
Former US President Donald Trump’s Twitter account has been reinstated on the platform. Eko Hot Blog reports that the account, which Twitter banned following January 6, 2021, attack on the Capitol, was restored after Twitter CEO and new owner Elon Musk posted a poll on Twitter on Friday night asking the platform’s users if Trump … Read more
Elon Musk emailed Twitter staff on Friday asking that any employees who write software code report to the 10th floor of the office in San Francisco early afternoon, according to multiple news reports. Eko Hot Blog reports that the billionaire said in a follow-up email, “If possible, I would appreciate it if you could fly … Read more
Elizabeth Holmes, a former Silicon Valley tech CEO, has been sentenced to over 11 years for fraud. Eko Hot Blog reports that her company Theranos was once valued at $9bn (£7.5bn). She falsely claimed the firm’s technology could diagnose disease with just a few drops of blood. EDITOR’S PICKS US Midterms: Democrat Katie Hobbs Emerges … Read more
Twitter’s new owner Elon Musk has given employees until Thursday evening to commit to “extremely hardcore” work or else leave the company, according to a copy of a late-night internal email sent by the billionaire. Eko Hot Blog reports that Musk wrote in the memo, “Going forward, to build a breakthrough Twitter 2.0 and succeed … Read more
Twitter’s new owner Elon Musk has defended sacking about half the company’s workforce, saying he had “no choice” as Twitter was losing more than $4m (£3.5m) a day. Eko Hot Blog reports that a tweet from Yoel Roth, Twitter’s head of safety and integrity, referred to “approximately 50% cuts company-wide”. EDITOR’S PICKS Governors Delaying Action … Read more