Twitter investor writes down stake by 47% as analyst claims Threads user fall

Elon Musk has said advertising has plunged on his social media platform and it is cashflow negative

An investor in Elon Musk’s Twitter has written down their stake in the business by 47% as advertisers rein in their spending on the social media platform.

The move by ARK Investment Management came as an analysis firm claimed that usage of the “Twitter killer” Threads app has fallen by half since its launch by Mark Zuckerberg’s Meta.

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‘An ideal tool for a repressive regime’: Snapchat’s Saudi ties questioned

Critics say social media app – partly owned by a Saudi investor – pushes pro-crown prince hype while critical voices are punished

Saudi Arabia appears to be exploiting the US messaging app Snapchat to promote the image of its crown prince, Mohammed bin Salman, while also imposing draconian sentences on influencers who use the platform to post even mild criticism of the future king.

The California-based company, which last year agreed to a “collaboration” with the Saudi culture ministry, has more than 20 million users in the kingdom – including an estimated 90% of 13-to-34-year-olds – and the crown prince has met personally with some of the platform’s biggest “Snapchatters” for informal talks about current events, according to people familiar with the encounters.

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HWL Ebsworth hack: Queensland says its files were taken after criminals release Victorian documents

State’s chief information security officer says information from Victorian departments and agencies was accessed

Highly sensitive legal documents from the Victorian government have been published on the dark web by cybercriminals, with Queensland also confirming files from at least one of its departments are included in the breach.

The breach is connected to data that was stolen from the law firm HWL Ebsworth in April by a Russian-linked ransomware gang, known as ALPHV/Blackcat, and posted online.

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Elon Musk goes low against Zuckerberg as Twitter-Threads spat intensifies

Twitter owner calls Facebook founder a ‘cuck’ as rancour grows over launch of Threads, a competitor to Musk’s network

Twitter owner Elon Musk has suggested he and Mark Zuckerberg should have “a literal dick-measuring contest” in the latest broadside aimed at his rival billionaire.

In a message inspired by the Meta chief executive’s launch last week of Threads, a Twitter competitor, Musk added a ruler emoji.

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Meta delays EU launch of Twitter rival Threads amid uncertainty over personal data use

New app developed by Facebook and WhatsApp owner is due to launch in the UK and US on Thursday

Mark Zuckerberg’s rival to Twitter will not launch in the EU on Thursday amid regulatory uncertainty about the service’s use of personal data.

Sources at Meta, which owns Facebook, Instagram and WhatsApp, said regulations were behind the postponement of an EU launch, amid a series of clashes between the social media group and the bloc.

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Abuse has led Sathnam Sanghera to ‘more or less stop’ doing book events in UK

Writer of Empireland, which examined Britain’s imperial past, says culture war-fuelled online trolling and heckling ‘gets to you’

The writer Sathnam Sanghera has said he barely ever does public events in the UK because of a fear of being attacked amid a culture war-fuelled backlash over his views on Britain’s imperial past, saying he feared a Florida-style push towards the banning of books.

Sanghera, a journalist and author whose bestselling book Empireland assessed how the UK’s colonial territories still infect contemporary politics and discourse, said he had begun to dread holding book events here.

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BA, Boots and BBC staff details targeted in Russia-linked cyber-attack

Hack attributed to criminal gang hit MOVEit software used by third-party payroll provider Zellis

British Airways, Boots and the BBC are investigating the potential theft of personal details of staff after the companies were hit by a cyber-attack attributed to a Russia-linked criminal gang.

BA confirmed it was one of the companies affected by the hack, which targeted software called MOVEit used by Zellis, a payroll provider.

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Chinese censors remove protest site Sitong Bridge from online maps

Amid usual scrubbing for Tiananmen Square anniversary, searches for bridge where protest was held in 2022 return no results

Chinese censors scrubbing the internet of any words or symbols that could be used to reference the Tiananmen Square massacre in the run-up to Sunday’s anniversary have a new target in their sights: a bridge in Beijing where a rare protest was staged last year.

As the 34th anniversary of the 1989 massacre approaches, anyone searching in Chinese for Sitong Bridge on Baidu maps will draw a blank.

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Twitter and Tesla’s interests at odds in Elon Musk’s quiet China visit

The world’s richest person lapsed into an unusual silence on social media during his trip to the electric carmaker’s second largest market

Followers of Elon Musk didn’t know what to expect from his trip to China. Would he speak about Tesla, a company with a large market and manufacturing footprint there? Or SpaceX, with its symbiotic relationship with the American state? Or even Twitter, the social network he bought because “free speech is the bedrock of a functioning democracy”?

The one thing no one expected: silence.

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GCHQ warns of fresh threat from Chinese state-sponsored hackers

National Cyber Security Centre urges operators of critical national infrastructure to prevent hacks

The UK’s cybersecurity agency has urged operators of critical national infrastructure, including energy and telecommunications networks, to prevent Chinese state-sponsored hackers from hiding on their systems.

The National Cyber Security Centre, part of GCHQ, issued the warning after it emerged that a Chinese hacking group known as Volt Typhoon had targeted a US military outpost in the Pacific Ocean.

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BuzzFeed cooks up new AI-powered recipe generator, Botatouille

Artificial ‘culinary companion’ will suggest meals based on what you have in your refrigerator and has a chatbot feature

As media companies sort through the ways artificial intelligence will impact their operations, BuzzFeed on Tuesday launched Botatouille, a personalized recipe generator powered by generative AI.

In addition to Botatouille, which BuzzFeed describes as, “the first AI-powered culinary companion” that suggests recipes based on factors like what you already have in your refrigerator, there’s also a chatbot feature that allows people to ask culinary questions while they cook, according to a press release from the company.

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Vice files for bankruptcy protection amid cut-price sale to consortium

Digital publisher and owner of Vice News and Vice TV was once valued at $6bn but has agreed sale for $225m

Vice, the once high-flying media startup that reached a peak valuation of nearly $6bn (£5bn), has filed for bankruptcy protection in the US as the digital publisher engineers a cut-price sale to a group of lenders.

The company, whose assets include Vice News, Motherboard, Refinery29 and Vice TV, has agreed a sale to a consortium that includes Fortress Investment Group, Soros Fund Management and Monroe Capital for $225m in the form of a credit bid for its assets as well as assuming Vice’s “significant liabilities”.

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Tucker Carlson to revive show on Twitter after Fox News dismissal

Host was fired by the news network last month in the aftermath of its $787.5m settlement with Dominion over election lies

Tucker Carlson will be reviving his show on Twitter, after being abruptly dismissed from Fox News last month.

In a tweet captioned “We’re back,” Carlson on Tuesday shared a video discussing his next moves. The former host said he would be taking his show to Twitter, which he described as “the last remaining platform in the world” to allow free speech.

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Violent porn acts occurring in sexual abuse between under-18s, report finds

Children’s commissioner for England calls for ‘robust’ measures in UK’s online safety bill to protect young people

England’s children’s commissioner has called for the “most robust” online protections for under-18s after publishing research examining links between sexual abuse cases and pornography.

In the second of a series of reports exploring the impact on children, Rachel de Souza said she wanted to “turn the tide on pornography’s harms to children”.

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UK readers may lose access to Wikipedia amid online safety bill requirements

Wikimedia UK says it will not carry out age verification if required to do so by the bill

Wikipedia could be made inaccessible to UK readers due to issues over complying with the online safety bill, a charity affiliated with the website has warned.

Lucy Crompton-Reid, the chief executive of Wikimedia UK, warned the popular site could be blocked because it will not carry out age verification if required to do so by the bill.

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‘Unprepared’ Twitter among tech firms to face tough new EU digital rules

Designation as ‘very large online platform’ along with 16 other major names means big penalties for breaches

Twitter is among the tech firms that will face the toughest level of scrutiny under a new European Union regulatory regime for monitoring digital platforms, after warnings from Brussels that the Elon Musk-owned platform is unprepared for the new rules.

The company, which Musk bought in October 2022, has been designated a “very large online platform” under the bloc’s Digital Services Act, which means complying with measures such as publishing an independent audit of its compliance with the legislation.

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One in five child abuse images found online last year were category A – report

Internet Watch Foundation says amount of material showing most extreme form of sexual abuse has doubled since 2020

The most extreme form of child sexual abuse material accounted for a fifth of such content found online last year, according to a report.

Category A abuse represented 20% of illegal images discovered online last year by the Internet Watch Foundation, a UK-based body that monitors distribution of child sexual abuse material (CSAM). It found more than 51,000 instances of such content, which can include the most severe imagery including rape, sadism and bestiality.

The NSPCC offers support to children on 0800 1111, and adults concerned about a child on 0808 800 5000. The National Association for People Abused in Childhood (Napac) offers support for adult survivors on 0808 801 0331.

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TikTok data collection could reveal what floor a user is on, cybersecurity firm says

Australian-US company Internet 2.0 says social media app now seeks users’ altitude information, according to source code

The Australian-US cybersecurity company that last year revealed the extent of TikTok’s data collection says the social media company has increased what location information it collects to include altitude, which could tell it what floor of a building a user is on.

Last year Internet 2.0 released a study on the data TikTok attempts to collect on user devices, which includes contact lists and calendars, and its scanning of hard drives and geolocating devices on an hourly basis.

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Russian hackers want to ‘disrupt or destroy’ UK infrastructure, minister warns

Cabinet Office secretary, Oliver Dowden, to issue national alert and urge companies to boost cybersecurity

Russian hackers organised along the lines of the paramilitary Wagner group are seeking “to disrupt or destroy” parts of the UK’s critical national infrastructure, a cabinet minister will warn at a cyber conference in Belfast on Wednesday.

Oliver Dowden, the Cabinet Office minister, will issue a national alert to key businesses amid growing international concern that as Russia struggles in Ukraine, an under-pressure Kremlin is searching for new ways to threaten the west.

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Taiwan warns local media against spreading false news from China

Defence ministry says it cannot rule out ‘cognitive warfare tactics’ after disinformation during Chinese drills

Taiwan’s defence ministry has raised the alarm about disinformation attacks during the recent Chinese military drills and alerted local media to the dangers of helping spread disinformation.

Last week Beijing launched three days of military exercises near Taiwan, in retaliation for President Tsai Ing-wen’s meeting with the US House speaker, Kevin McCarthy, in the US. Taiwan’s military and civilian analysts confirmed that Taiwan was also targeted with information warfare. “Last year’s military exercise and this year’s military exercise both used a combination of information and military actions to affect our morale,” a defence spokesperson said on Wednesday.

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