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Thu. 04/20 – Elon’s Having A Heck Of A 4/20

Apr 20, 2023
The rivalry between Elon Musk and Microsoft heats up as Twitter support gets dropped from advertising platforms. Coinbase is eyeing Bermuda for an offshore exchange while navigating new EU regulations. OpenAI faces legal scrutiny over data practices amidst a push for compliance. Innovations in AI advertising are highlighted, particularly Google's new tools and Stability AI's competitive language models. Plus, SpaceX learns from its recent rocket launch setback, turning challenges into opportunities for growth.
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INSIGHT

Microsoft Ditches Twitter

  • Microsoft is dropping Twitter from its advertising platform due to increased API costs.
  • This will force advertisers to manage Twitter separately from other platforms.
ANECDOTE

Musk vs. Microsoft

  • Elon Musk threatened to sue Microsoft, alleging illegal use of Twitter data for training.
  • He also criticized Microsoft's partnership with OpenAI.
INSIGHT

Coinbase Goes Offshore

  • Coinbase obtained a license in Bermuda and plans to launch an offshore exchange.
  • This move follows regulatory uncertainty in the U.S.
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