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Showing posts with the label Elon Musk

Elon Musk told his followers to ‘use Signal,’ leading to 1,100% surge in unrelated stock with similar name

When Tesla CEO Elon Musk urged his Twitter followers on Thursday to “use Signal,” he meant the encrypted messaging app. Some people appear to have taken it the wrong way. Shares of an obscure and unrelated company called Signal Advance, which trades over the counter, surged 527% on Thursday and another 91% on Friday, climbing from 60 cents to $7.19. The Signal that Musk was referring to is operated by a nonprofit and serves as an alternative to texting apps like Facebook Messenger, WhatsApp and Apple’s messaging service. That Signal took to Twitter on Friday to clarify that it has nothing to do with Signal Advance. “It’s understandable that people want to invest in Signal’s record growth, but this isn’t us,” Signal wrote. “We’re an independent 501c3 and our only investment is in your privacy.” It’s a familiar issue on Wall Street. In April 2019, on the day Zoom Video Communications held its hotly anticipated market debut under the ticker symbol ZM, a Chinese company named Zoom Techn...

Rush to WhatsApp alternative: Edward Snowden and Elon Musk recommend Signal

Signal is considered one of the most secure messengers in the world - here you really chat completely safely and anonymously. Both whistleblower Edward Snowden and the richest person in the world, Elon Musk, recommend using Signal. If you value security and encryption of your messages and calls, you should turn to the crypto-messenger Signal. The messenger service became known primarily through Edward Snowden, who regularly propagates the use of Signal quite offensively . After WhatsApp's PR disaster, in which the messenger service apparently gave users an ultimatum via a pop-up and excluded them if they did not agree to the changed data processing conditions by February 8, both the world-famous whistleblower and Tesla CEO Elon Musk pressed ahead and recommended using the WhatsApp alternative Signal on Twitter . Unlike many other messengers, Signal attaches great importance to the privacy of its users. In addition to the actual content of the conversation, the sender is also encr...