Twitter CEO says it was wrong to block links to Biden story

Twitter CEO Jack Dorsey says the company was wrong to block weblinks to an unverified political story, a move that had prompted cries of censorship from the right

Twitter was wrong to block weblinks to an unverified political story, CEO Jack Dorsey said on Friday, as the company responded to criticism over its handling of the story that had prompted cries of censorship from the right.

“Straight blocking of URLs was wrong, and we updated our policy and enforcement to fix,” he tweeted. “Our goal is to attempt to add context, and now we have capabilities to do that.”

Read More

By this measure, K-pop mega-stars BTS struck the wrong note with their IPO

BTS made music history when it became the first K-pop band to top the Billboard Hot 100 chart with their blockbuster tune “Dynamite,” featuring lyrics penned in English. “Life is sweet as honey, yeah, the beat is cha-ching like money,” chant the 7-boy ensemble in a rap-like staccato. The rainbow-coiffed fellas scored another smash when their management company, Bit Hit Entertainment of South Korea, went public on October 15. But the act could have been a bigger monster, and loads more won would be cha-chinging, if BHE hadn’t struck the wrong note by underpricing its IPO.



Rap Monster et al. posing for the camera: BTS-IPO Big Hit Entertainment-K-Pop


© NBC/NBCU Photo Bank/Getty Images
BTS-IPO Big Hit Entertainment-K-Pop

According to news stories––the offering’s prospectus isn’t easily available in English––BHE pre-sold around one-fifth of its share to institutional investors and its legions of fans at the equivalent of $118. That underwriting, led by J.P. Morgan and two Korean banks, raised $840 million in cash.

Read More