News

Twitter Will Soon Allow You To Edit Your Tweets

Did your last tweet contain an embarrassing typo? Twitter will soon allow you to fix it.

Published

2 years ago

April 8, 2022

twitter will soon allow you to edit your tweets

Here’s something that happens on Twitter every day: someone makes a tweet, the tweet becomes popular, the person who made the tweet is alerted to an embarrassing typo by receiving an endless stream of jokes as replies.

Unfortunately for the sender, it’s currently not possible to edit tweets that have already been published, so they can either delete it or live with it. This could change by the end of this year because Twitter has recently confirmed that it’s testing an edit button.

“Now that everyone is asking… Yes, we’ve been working on an edit feature since last year!” the social media network tweeted. “We’re kicking off testing within @TwitterBlue Labs in the coming months to learn what works, what doesn’t, and what’s possible.”

Back when Twitter was still led by Jack Dorsey, any requests for the introduction of an edit button were rejected because Dorsey feared that the feature could be used to change the meaning of a tweet after it gets shared online, and the last thing any social network wants is to deal with more disinformation and manipulation.

Also Read: Instagram’s Chronological Feed Is Now Available For All Users

But Dorsey is no longer in charge of Twitter, and Parag Agrawal, who was announced as CEO on 29 November 2021, sees things differently. Elon Musk, who has recently purchased a 9.2 percent stake in Twitter, maybe does as well, especially considering that he has recently polled his followers on this very topic.

Twitter’s VP of consumer product, Jay Sullivan, recognizes that the ability to edit tweets has been the most requested Twitter feature for many years, but he stresses the importance of implementing it carefully.

“Without things like time limits, controls, and transparency about what has been edited, Edit could be misused to alter the record of the public conversation,” he said. “Protecting the integrity of that public conversation is our top priority when we approach this work.”

News

Binance Receives Virtual Assets License To Operate In Dubai

As its user base nears 200 million, CEO Richard Teng believes crypto adoption will soar over the next half of the decade.

Published

1 hour ago

April 19, 2024

Nour Nasir

binance receives virtual assets license to operate in dubai

Global crypto exchange Binance has been granted a full operational license in Dubai, in a move that’s expected to accelerate digital asset adoption and strengthen the UAE’s regulatory landscape.

The virtual asset service provider license (VASP) was granted by the Dubai Virtual Assets Regulatory Authority (VARA) and will allow Binance to extend its current range of services to retail investors, the company announced yesterday.

The move by Dubai authorities will be critical to Binance’s strategy of growing its user base globally. The crypto exchange expects to pass the 200 million user mark “quite shortly”, according to Richard Teng, the company’s CEO.

Once that milestone is achieved, Binance will have around twice as many users as rival platform Coinbase. Meanwhile, Crypto.com, another popular exchange with 80 million users, received a Dubai VASP license last week.

“We’re seeing much greater institutional adoption and institutional money coming into this space [along with] much greater regulatory clarity and a lot more jurisdictions approving [digital asset] products that bring in new investor classes,” Binance’s Richard Tang explained, adding: “As of now, we stand at about 5% crypto adoption globally, but that will become much faster moving forward”.

Also Read: Microsoft Invests $1.5 Billion In Abu Dhabi AI Tech Firm G42

Dubai and the UAE are extremely supportive of technologies like digital assets, and have already launched initiatives to boost adoption. The UAE has ambitious plans to become a world leader in the crypto economy of the future, with Dubai in particular being noteworthy for passing a new law to regulate virtual assets to support investors and exchanges.

“Global crypto regulation is currently showing diverging signs. Some developed countries have long suffered from crypto-related frauds and illegal exchanges. On the other hand, emerging nations like the UAE and Singapore have enacted crypto laws at faced pace,” said Vijay Valecha, chief investment officer of Dubai-based Century Financial.

As the UAE gears up to become one of the fastest-growing crypto capitals worldwide, investors and talent are flocking to places like Dubai. During 2023, the Emirates as a whole realized $204 million in capital gains from cryptocurrency investments, according to blockchain data analysts Chainalysis.