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Elon Musk's X Hit With $1.42 Million Fine From Brazil Judge He Once Labeled 'Dictator'
Thursday, February 20, 2025 - 9:57pm | 384On Thursday, Elon Musk’s X, formerly Twitter, was fined 8.1 million reais ($1.42 million) by Brazil’s Supreme Court for not complying with judicial orders. What Happened: The fine was imposed by Supreme Court Justice Alexandre de Moraes after X failed to remove a profile accused of...
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Elon Musk's X Blocks Links To Signal App As Federal Workers Turn To Encrypted Messaging Amid DOGE Fallout: Report
Tuesday, February 18, 2025 - 12:49am | 350Elon Musk's X, formerly Twitter, is blocking links to Signal.me, a URL shortener used by the private messaging app Signal. What Happened: Users attempting to share Signal.me links via public posts, direct messages, or profile pages on X are now encountering errors. This was first reported by the...
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Jack Dorsey Says Bluesky's Rapid Expansion Fueled by X Exodus: 'Not a Great Way To Build a Product'
Saturday, February 15, 2025 - 4:45pm | 480Jack Dorsey, co-founder of Twitter, now known as X, has shed light on the accelerated growth of Bluesky, attributing it to a mass exodus of users from X. What Happened: In a recent podcast, Dorsey voiced his belief that users are “running away from X, rather than running to...
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Apple Is Back With Ads On X After Halting Platform Spending In 2023 Over Elon Musk's Posts
Thursday, February 13, 2025 - 1:16pm | 637Technology giant Apple Inc (NASDAQ:AAPL) has returned to running advertisements on social media platform X, a move that comes 15 months after the company paused spending on the platform. What Happened: Apple was one of several companies that paused or halted spending on X after Elon Musk, owner of...
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Elon Musk's X To Pay Trump $10 Million Over Twitter Ban After Zuckerberg's Meta Coughed Up $25 Million — Who Else Is Left?
Wednesday, February 12, 2025 - 9:24pm | 460Elon Musk’s X has reportedly agreed to a $10 million settlement in a lawsuit initiated by Donald Trump. What Happened: Trump and other plaintiffs filed the lawsuit in 2021, following his deplatforming by the company, then known as Twitter, due to his role in the U.S. Capitol riot on Jan. 6,...
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Elon Musk's 'X Money' To See About 600 Million Active Monthly Users Via Visa Direct Integration: 'Excited To Partner,' Says CEO
Friday, January 31, 2025 - 2:46am | 765As Visa Inc. (NYSE:V) reported better-than-expected first-quarter earnings after market close on Thursday, CEO Ryan McInerney highlighted how the company plans to bolster its partnership with Elon Musk‘s newly launched X Money. What Happened: X platform (formerly Twitter) users will soon...
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Elon Musk Bringing Advertisers Back To X: Amazon Boosts Spending, Apple Considers Return
Thursday, January 30, 2025 - 8:15pm | 976Elon Musk's past comments may have scared away advertisers from his X social media platform, which he bought for $44 billion in 2022. A new report says two of the largest companies in the world could provide a boost to X's advertising revenue. What Happened: Musk's push for free speech and changes...
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EXCLUSIVE: Will Social Media Users Leave Over Politics? New Poll Shows This Platform Hurt Most
Tuesday, January 28, 2025 - 7:52pm | 802A new Benzinga reader poll shows a mixed opinion on whether users are headed for the exits of social media platforms in the months since the 2024 presidential election. While many users are staying on social media platforms, here's a look at which companies could be most impacted. What Happened: A...
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Elon Musk Says X 'User Growth Is Stagnant' As Banks Set To Offload Acquisition Debt At 10% Discount
Friday, January 24, 2025 - 6:14pm | 707Banks who helped finance Elon Musk's $44 billion acquisition of social media platform Twitter, now known as X, are ready to sell off their loans at 5% to 10% discounts years after the deal was completed. What Happened: Musk said X saw record usage during the 2024 presidential election, but growth...
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Follow Biden Or Harris On Instagram, Facebook? Chances Are You're Now Following Trump Or Vance
Wednesday, January 22, 2025 - 8:34pm | 1039Social media followers of the president, first lady and vice president were surprised to learn that they now follow people they may not have wanted to after Donald Trump was inaugurated as president on Monday. What Happened: Users of Instagram and Facebook, which are owned by Meta Platforms Inc. (...
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Bill Ackman Praises Elon Musk's X But Raises Concerns About TikTok's Harmful Influence On Society: 'Put Aside The China Issues, I Do Think It's Not Been A Healthy Thing…'
Monday, January 20, 2025 - 5:18am | 699Billionaire investor Bill Ackman has expressed his admiration for Elon Musk’s X, formerly Twitter, while voicing concerns about TikTok’s influence on society. What Happened: In an interview that was made public on Sunday, Ackman praised X as a platform that allows for diverse voices and...
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Elon Musk Sued By SEC For Allegedly Hiding Twitter Stake That Allowed Him To Buy Stock At Artificially Low Prices
Tuesday, January 14, 2025 - 10:10pm | 544On Tuesday, the U.S. Securities and Exchange Commission initiated a lawsuit against Elon Musk, accusing him of failing to disclose his substantial stake in Twitter, now rebranded as X. What Happened: The lawsuit outlines that before Musk completed his $44 million acquisition of Twitter in October...
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Nvidia's AI Supercomputer, HP's $1 Billion Deal With Elon Musk's X, And Trump's AI-Driven Vision: This Week In Artificial Intelligence
Sunday, January 12, 2025 - 11:00am | 592The past week has been a whirlwind of tech advancements and strategic deals, with AI taking center stage. Nvidia Corp (NASDAQ:NVDA) stole the spotlight at the Consumer Electronics Show (CES) with its AI-powered innovations. Meanwhile, Hewlett Packard Enterprise Co (NYSE:HPE)...
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Elon Musk's Push For Crypto-Powered 'Everything App' Reflected In 'X Money' Leak As Bitcoin Hovers Around $100K
Sunday, January 5, 2025 - 10:00pm | 773Elon Musk is reportedly gearing up to introduce a new Bitcoin (CRYPTO: BTC) and cryptocurrency feature called "X Money" on his rebranded platform, X, formerly Twitter. What Happened: According to a leak reported by influencer Alex Finn and MacRumors contributing researcher Aaron Perris on Friday, "...
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If You Invested $1,000 In Dogecoin When Elon Musk Acquired Twitter, Here's How Much You'd Have Now
Friday, January 3, 2025 - 3:32pm | 643The price of Dogecoin (CRYPTO: DOGE) has increased over the past day, which could be for numerous reasons including social media platform X getting closer to launching payments in 2025. What Happened: Formerly known as Twitter, social media platform X has been transformed since billionaire Elon...