WhatsApp had just announced some controversial changes to its privacy policy, allowing the app to share the personal data of its users with its parent company Facebook, for advertising purposes. The world’s richest man was responding through social media to a mass exodus of users from popular instant messaging application, WhatsApp. Many investors have since realised the mistake, and sold off their shares in Signal Advance en masseĪ vaguely worded tweet from billionaire Elon Musk has caused the share price of a virtually unknown company to skyrocket.The ensuing avalanche of share-buying caused the company’s stock to rise by a whopping 11,708 per cent across three days.While he meant the encrypted messaging app Signal, investors misinterpreted the tweet to mean Signal Advance, a medical device firm.In response to a mass exodus of users from WhatsApp, Musk encouraged his followers to “Use Signal”.A vaguely worded tweet from billionaire Elon Musk has caused the share price of a virtually unknown company to skyrocket.NXS Next Science (ASX:NXS) appoints new Chief Executive and Managing Director.MGU Magnum Mining and Exploration (ASX:MGU) appoints EAS Advisors to advance finance strategy.AHC Austco (ASX:AHC) secures its biggest contract win of $7.4m for Canada's St Paul's Hospital. ![]() JRV Jervois Global (ASX:JRV) begins work at its ICO mine with funding from US Department of Defense.KAU Kaiser Reef (ASX:KAU) boosts production at A1 mine and Maldon facility, VIC.ICL Iceni Gold (ICL) confirms high-grade gold vein at Everleigh Well, WA.LPI Lithium Power International (ASX: LPI) sells Australian subsidiary Western Lithium for $30m.TLX Telix Pharmaceuticals (ASX:TLX) doses first patient in phase two cancer study. ![]()
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