social networking
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The Impact of What Elon Musk Is Saying On Twitter
Elon Musk’s Twitter account, which has more than 48 million followers, is one of the most closely watched ones in the world. On February 20, the Tesla and SpaceX entrepreneur wrote a seemingly innocuous comment on Twitter that bitcoin prices “do seem high”. Two days later, the price of Bitcoin dropped by more than $3,000 within 5 minutes – shortly after the opening of the US stock exchange. The decline plunged as much as 17% within 24 hours. Tesla, which had bought $1.5 billion worth of bitcoin, also saw its stock prices drop. This is not the first time that Elon Musk has influenced his company’s share or Bitcoin prices through his Twitter activity. Previously, after the billionaire tech titan changed his Twitter bio to #bitcoin, the…
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If China is Important to You, Sina Weibo is Important to You
One thing journalists really hate is to be told by their editors that they have “buried the lead.” It means the point of the story is not obvious from the first few paragraphs, and that the “lead” or premise of the story is buried too far down in the story. As always there is a lot of news right now about China. These are all important stories. But look closely here, because none of these stories directly affects you or me: · A strike by journalists at a newspaper…