Elon Musk polls Twitter users over stepping down as CEO – business live

Elon Musk says he will honour the results of a Twitter poll asking whether the should resign as head of the social media platform

Telsa investors seem to pleased with the way that Musk’s Twitter poll is leaning towards his potential resignation, with shares up 4% in pre-market trading:

Economic data interlude:

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‘Our weapons are computers’: Ukrainian coders aim to gain battlefield edge

Delta software developed to help collect and disseminate information about enemy’s movements

In a nondescript office building on the outskirts of Zaporizhzhia, Ukrainian soldiers have been honing what they believed will be a decisive weapon in their effort to repel the Russian invasion.

Inside, the weapon glows from a dozen computer screens – a constantly updated portrayal of the evolving battlefield to the south. With one click on a menu, the map is populated with hordes of orange diamonds, showing Russian deployments. They reveal where tanks and artillery have been hidden, and intimate details of the units and the soldiers in them, gleaned from social media. Choosing another option from the menu lights up red arrows across the southern Zaporizhzhia region, showing the progression of Russian columns. Zooming in shows satellite imagery of the terrain in sharp detail.

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Digital Services Act: inside the EU’s ambitious bid to clean up social media

The legislation aims to tackle problems as wide-ranging as misogyny, disinformation and consumer fraud

Nearly two decades after the birth of Facebook ushered in the social media era, the EU is introducing ambitious legislation designed to clean up the world’s biggest online forums.

Intended to tackle misogyny, protect children, stop consumer fraud, curb disinformation and protect democratic elections, the Digital Services Act (DSA) is wide-ranging. The UK is introducing its own statute, the online safety bill, but the EU’s rules are likely to have a bigger impact because they cover a bigger market, and the EU is more influential as a regulatory power.

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Flood warnings issued for Murray River in South Australia – as it happened

The SA SES has told residents in low-lying areas along the river to prepare to evacuate. This blog is now closed

Woolworths salads recalled in NSW, ACT, Queensland and Victoria

A food recall notice has been issued for two salads sold at Woolworth stores across New South Wales, the ACT, Queensland and Victoria.

Food products containing unsafe plant material may cause illness if consumed. ​

Consumers should not eat this product and should return the products to the place of purchase for a full refund. Any consumers concerned about their health should seek medical advice.​

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Twitter’s suspension of journalists sets ‘dangerous precedent’, UN warns

Pressure grows on Elon Musk as EU says social media platform could face sanctions over suspensions

The United Nations is “very disturbed” by Twitter’s abrupt suspension of a group of US journalists, a spokesperson has said, warning that the move sets a “dangerous precedent” – as the EU said the social media platform could fall foul of forthcoming digital regulations.

Stéphane Dujarric said on Friday the UN was “very disturbed” by the barring of prominent tech reporters at news organisations including CNN, the Washington Post and the New York Times who have written about Musk and the tech company he owns.

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Washington Post chief announces job cuts – and refuses to answer questions

Publisher Fred Ryan described as ‘embarrassing’ after walking out of meeting following revelation that up to 250 jobs could be lost

Turmoil at the Washington Post has intensified after a contentious town hall meeting on Wednesday in which the newspaper’s publisher, Fred Ryan, astounded staffers by announcing substantial job cuts to come, then quit the meeting, refusing to answer questions.

“This is embarrassing, this is embarrassing,” one staffer was heard saying as Ryan made his hasty exit, according to video footage posted on social media.

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Meta faces $1.6bn lawsuit over Facebook posts inciting violence in Tigray war

Legal action backed by Amnesty alleges hateful posts inflaming war in northern Ethiopia were allowed to flourish on platform

Meta has been accused in a lawsuit of letting posts that inflamed the war in Tigray flourish on Facebook, after an Observer investigation in February revealed repeated inaction on posts that incited violence.

The lawsuit, filed in the high court of Kenya, where Meta’s sub-Saharan African operations are based, alleges that Facebook’s recommendations systems amplified hateful and violent posts in the context of the war in northern Ethiopia, which raged for two years until a ceasefire was agreed in early November. The lawsuit seeks the creation of a $1.6bn (£1.3bn) fund for victims of hate speech.

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Sam Bankman-Fried: FTX founder charged with defrauding investors

SEC says investigation into other alleged misconduct by former CEO of crypto exchange is ongoing

Sam Bankman-Fried, the founder and former chief executive of the crypto exchange FTX, has been charged with fraud, conspiracy to commit money laundering and conspiracy to defraud the US and violate the campaign finance laws.

The eight criminal charges filed by the US attorney’s office for the southern district of New York on Tuesday follow civil charges brought by the US Securities and Exchange Commission charging the 30-year-old former billionaire with defrauding investors in the company.

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Leo Varadkar nightclub footage triggers privacy debate in Ireland

Leaked clip of deputy leader also fuels moves to tighten social media regulation

A video of Leo Varadkar, Ireland’s tánaiste, socialising in a nightclub has triggered a debate about the right to privacy and regulation of social media.

The brief clip of the deputy prime minister was clandestinely recorded in a Dublin nightclub earlier this month and has racked up millions of views on multiple platforms.

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Hong Kong pressures Google to remove protest anthem from searches

Authorities want Glory to Hong Kong axed from top results and replaced with China’s national anthem

Google has refused to change its search results to display China’s national anthem, rather than a protest song, when users search for Hong Kong’s national anthem, the city’s security chief has said, expressing “great regret” at the decision.

Google’s parent company, Alphabet Inc, did not immediately respond to a request for comment.

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Microsoft to buy 4% stake in London Stock Exchange

US tech company signs 10-year strategic partnership with LSEG for data analytics and cloud technology

Microsoft will buy 4% of the London Stock Exchange as part of a multibillion-pound deal to work together on data analytics and cloud technology.

The US tech company will buy the stake from a consortium of Blackstone and Thomson Reuters, and will take a seat on the board of the London Stock Exchange Group (LSEG). The consortium previously sold the financial data company Refinitiv to LSEG in a £22bn takeover.

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Twitter relaunches blue tick service with higher price for iPhone users

Those willing to pay $8 on the web or $11 a month via Apple’s app store will get more prominence

Twitter is relaunching its subscription service on Monday, offering users verified status for $8 (£6.50) a month or $11 a month on their iPhone.

The move follows a botched revamp of the service last month that resulted in a host of impersonator accounts appearing on the platform as some users took advantage of the chance to launch bogus “verified” accounts for major companies and public figures.

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Bankman-Fried ‘would give anything’ to start new business to repay FTX users

Former boss of collapsed crypto-exchange says he has duty to try to recoup investors’ lost money

Sam Bankman-Fried, the former boss of the failed crypto-exchange FTX, has said he hopes to start a new business to help pay back the victims of his old firm’s collapse.

Speaking to the BBC from the Bahamas, he said he would “give anything” to be able to begin a new venture in order to recoup his users’ lost investments.

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FTX’s Sam Bankman-Fried to testify before Congress next week

Founder and former CEO says he could talk about what he thinks led to crash and ‘my own failings’

Sam Bankman-Fried is set to testify before Congress next week about the collapse of FTX, as regulators investigate the cryptocurrency exchange he led until its recent demise.

The US House Committee on Financial Services said in a statement on Friday that the panel would hear from FTX’s newly-appointed CEO, John Ray, and from Bankman-Fried on 13 December.

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Twitter sued for disproportionately firing female workers after Musk buyout

The proposed class-action lawsuit alleges that after the takeover, 57% of women were laid off compared with 47% of men

Twitter has been hit with another lawsuit in the wake of Elon Musk’s mass layoffs, with the latest legal action accusing the company of disproportionately targeting female employees for cuts.

The proposed class action, which was was filed late on Wednesday in San Francisco federal court, said that after Twitter was taken over by Musk, the world’s richest person, it laid off 57% of its female workers compared with 47% of men.

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Elon Musk accused of turning Twitter offices into bedrooms

San Francisco investigating Twitter after complaint says it converted rooms in its HQ into sleeping quarters

Twitter is under investigation by city officials in San Francisco following a complaint that the company allegedly converted rooms in its headquarters to sleeping quarters, an inquiry that has drawn scorn from Elon Musk.

As of Monday, the office has “modest bedrooms featuring unmade mattresses, drab curtains and giant conference-room telepresence monitors” with four to eight beds a floor, employees told Forbes. The changes appear to be part of Musk’s plan for “hardcore Twitter” in which he’s demanded workers dedicate “long hours at high intensity” after he fired nearly half the company’s workforce.

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‘When will the rain stop?’: Australia’s most searched words on Google in 2022

Australians also searched for ‘floods’ and ‘La Niña’ more than any other country in the world

Australians searched for “floods”, “La Niña” and “when will the rain stop?” more than any other country in the world in 2022, according to Google.

As a year of floods and wet weather hit large parts of the eastern seaboard, Google recorded more searches for “mould” in Australia than ever before.

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UK new car sales rise as industry leaders say recovery ‘within grasp’

Increase for fourth consecutive month, with almost 143,000 new vehicles registered in November

Sales of new cars in the UK have risen for the fourth month running, with purely electric vehicles accounting for a fifth of the total.

In the best November for the industry since the start of the coronavirus pandemic, almost 143,000 new vehicles were registered.

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Risky online behaviour ‘almost normalised’ among young people, says study

EU-funded survey of people aged 16-19 finds one in four have trolled someone – while UK least ‘cyberdeviant’ of nine countries

Risky and criminal online behaviour is in danger of becoming normalised among a generation of young people across Europe, according to EU-funded research that found one in four 16- to 19-year-olds have trolled someone online and one in three have engaged in digital piracy.

An EU-funded study found evidence of widespread criminal, risky and delinquent behaviour among the 16-19 age group in nine European countries including the UK.

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Chinese security firm advertises ethnicity recognition technology while facing UK ban

Campaigners concerned that ‘same racist technology used to repress Uyghurs is being marketed in Britain’

A Chinese security camera company has been advertising ethnicity recognition features to British and other European customers, even while it faces a ban on UK operations over allegations of involvement in ethnic cleansing in Xinjiang.

In a brochure published on its website, Hikvision advertised a range of features that it said it could provide in collaboration with the UK startup FaiceTech.

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