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Elon Musk has once again expressed his disapproval of hashtags on X, formerly Twitter, describing them as “ugly” and redundant. What Happened: Musk's latest remark came in response to a post by another user on X who shared a screenshot of what Grok answered regarding hashtags. Grok,...

On Monday, Meta Platforms, Inc.'s (NASDAQ:META) CEO Mark Zuckerberg said that Instagram's Threads has reached a milestone of 100 million daily active users. What Happened: Taking to Threads, Zuckerberg said that Meta's Twitter rival now boasts 300 million monthly active users, an increase from 275...

Billionaire Elon Musk is facing a deadline to respond to an offer to resolve a SEC case over his buyout of Twitter, now known as X, which he bought for $44 billion in 2022. What Happened: Musk recently shared a letter his lawyer Alex Spiro sent to the SEC over a reported 48-hour deadline to respond...

Former energy company Enron holds its place in history as one of the largest accounting scandals in U.S. history. A social media account claiming to be the energy company is teasing a comeback on the 23rd anniversary of the company's bankruptcy. What Happened: Anyone around the financial markets...

Fidelity is raising its valuation for X Holdings, the company formerly known as Twitter, after months of marking its small stake down since Elon Musk bought the social media company. What Happened: Fidelity holds a small stake in X Holdings through its Fidelity Blue Chip Growth Fund (FBGRX). Its...

Cathie Wood's ARK Venture Fund (NASDAQ:ARKVX) now offers investors a way to access private companies led by Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk, including SpaceX, X, formerly Twitter, and xAI. What Happened: On Monday, Wood took to X, and shared that the ARK Venture Fund (NASDAQ:ARKVX), managed...

Editor's Note: The headline has been corrected to accurately reflect the quoted material. Elon Musk on Saturday shared a cryptic tweet on X, hinting at a significant turning point in human history. What Happened: Musk responded to a post on X by Bojan Tunguz, which referred to an unspecified...

Following the 2024 U.S. Presidential election, a significant shift is happening in the social media landscape.  Many users, including Taylor Swift's fanbase, the Swifties, have begun leaving Elon Musk's X, formerly Twitter, for Bluesky, a rising social media platform. In just a few days,...

Dogecoin (CRYPTO: DOGE) experienced a 5% surge following a tweet by Elon Musk on X. This has sparked fresh speculations about the imminent payments service on Musk’s social app. What Happened: Musk’s Friday post, which featured a screenshot of podcaster Joe Rogan’s X profile,...

A federal judge dismissed the U.S. Securities and Exchange Commission's (SEC) request to penalize Elon Musk for skipping a court-ordered deposition in its investigation into his $44 billion acquisition of Twitter, now known as X. What Happened: On Friday, Judge Jacqueline Scott Corley of the U.S....

Elon Musk has expressed gratitude as major brands, including IBM (NYSE:IBM), Walt Disney Co. (NYSE:DIS), Comcast (NASDAQ:CMCSA), and Warner Bros. Discovery (NASDAQ:WBD), resumed advertising on X, formerly Twitter. What Happened: On Friday, Musk took to X and expressed his appreciation to...

Editors Note: This story has been updated to include a response from a Rocket Lab USA spokesperson and to correct the spelling of the company’s name in the headline. The social media account of Peter Beck, CEO of Rocket Lab USA Inc. (NASDAQ:RKLB), was hacked, leading to a...

Elon Musk reported that X, formerly known as Twitter, experienced a significant surge in activity during the U.S. elections. What Happened: In a post on Wednesday, Musk shared a chart illustrating hourly mobile usage in the U.S., which showed a dramatic increase starting at 5 a.m. and peaking at 6...

Elon Musk‘s political posts on X have garnered 17.1 billion views since he endorsed former President Donald Trump in July, more than double the reach of all U.S. political campaign advertisements on the platform combined, according to a new study by the Center for Countering Digital Hate....

American author Stephen King on Sunday alleged that billionaire CEO Elon Musk’s posts on his social media platform X posts are promoting “outright lies” and warned the public to consider that he has interests in the upcoming elections. What Happened: “The Musk-man has posted...