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Elon Musk Loses Battle To Dismiss Ex-Twitter CEO Parag Agrawal's Severance Lawsuit: Did The $200M Gamble Backfire?
Sunday, November 3, 2024 - 11:20pm | 479Tesla and SpaceX CEO Elon Musk has lost a court battle against Twitter executives over severance pay claims. What Happened: On Friday, U.S. District Judge Maxine Chesney ruled in favor of former Twitter CEO Parag Agrawal and other top executives, allowing their claims to proceed, reported Bloomberg...
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Elon Musk's X Reportedly Hit With New Wave Of Layoffs: Engineering Department Faces Major Cuts Amid Uncertain Future
Friday, November 1, 2024 - 11:40pm | 386Tesla and SpaceX CEO Elon Musk’s social media platform X, formerly Twitter, is reportedly undergoing another round of layoffs. What Happened: X is experiencing a fresh wave of layoffs with the engineering department said to be the most affected, reported The Verge on Friday, citing two...
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Trump Vs. Musk: DJT Stock Worth More Than Latest X Valuation Thanks To 2024 Election Run-Up
Tuesday, October 29, 2024 - 11:40am | 777A media company co-founded by former President Donald Trump is now worth more than Elon Musk‘s X. What Happened: Trump Media & Technology Group (NASDAQ:DJT) currently boasts a market capitalization of roughly $10.3 billion. According to the latest valuation metric from Fidelity, X is...
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Elon Musk's $2.9K Offer Rejected By SEC, Agency Requests Judge To Sanction Billionaire Over Missed Depositions
Friday, October 25, 2024 - 10:26pm | 521The U.S. Securities and Exchange Commission (SEC) turned down Elon Musk‘s offer to pay $2,923 for missing a deposition related to his 2022 Twitter purchase. The SEC is now seeking sanctions against the billionaire. What Happened: The SEC is probing whether Elon Musk or his associates engaged...
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X Elevates 'Largely Underserved Public Conversation' On Cannabis, Supports Industry Growth, Engagement
Thursday, October 24, 2024 - 9:19am | 595X, formerly known as Twitter, became the first major social media platform to allow cannabis advertising in 2023. At the recent Benzinga Cannabis Capital Conference, Alexa Alianiello, X's lead for cannabis sales and partnerships, discussed the impact of this policy shift and the lessons learned...
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The Guy Who Tracked Elon Musk, Taylor Swift's Private Jet Wants To Know 'Who's Behind' His Suspended Social Media Accounts: '...Until Someone Threatens You Or Tells You To Do This'
Wednesday, October 23, 2024 - 3:38am | 592Jack Sweeney, the student who gained fame for tracking private jets of billionaires and celebrities, including Tesla Inc. CEO Elon Musk, Taylor Swift, and Meta Platforms Inc.'s Mark Zuckerberg, has questioned who is behind his accounts being banned on Meta's social media platforms, including...
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Elon Musk Jet Tracker Suspended On Threads, Instagram: 'This Situation Reflects Poorly On Meta'
Tuesday, October 22, 2024 - 7:08pm | 739Social media accounts that track flights of celebrities and business figures, including Tesla CEO Elon Musk have been suspended on Threads and Instagram, two platforms owned by Meta Platforms Inc. (NASDAQ:META). The accounts had previously been banned on X since Musk bought the platform. What...
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Elon Musk And Mark Zuckerberg Urged To Tackle 'Voting Disinformation' As Civil Rights Groups Sound Alarm On Social Media Misinformation Ahead Of 2024 Election
Tuesday, October 22, 2024 - 4:19am | 530A coalition of civil rights organizations has accused social media platforms of spreading “digital voting disinformation.” The group is urging companies like Elon Musk‘s X and Mark Zuckerberg‘s Meta Platforms Inc. (NASDAQ:META) to take action. What Happened: Maya Wiley, the...
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Elon Musk's X Reaches Agreement With Unilever, Drops It From Ad Boycott Lawsuit: 'First Part Of The Ecosystem-Wide Solution'
Saturday, October 12, 2024 - 4:23am | 699Elon Musk’s social media platform, X, formerly Twitter, has dropped Unilever Plc. (NYSE:UL) from a lawsuit that accused the company of conspiring to boycott the platform, leading to a loss in revenue. What Happened: On Friday, X dropped its claims against Unilever in the antitrust lawsuit...
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Elon Musk Collaborated With Trump Campaign To Block Hacked JD Vance Material Off X: Report
Saturday, October 12, 2024 - 2:42am | 581The Trump campaign reportedly worked with Elon Musk‘s social media platform, X, to halt the dissemination of hacked campaign materials on the former president's running mate, Sen. JD Vance (R-Ohio). What Happened: These materials, allegedly acquired through an Iranian hack, were shared by...
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EXCLUSIVE: Elon Musk's X Is 'Safe Space' To Say Weed: 'The Only Social Platform Where You Can Talk About Cannabis Openly'
Tuesday, October 8, 2024 - 6:37pm | 550Alexa Alianiello, who serves as the head of cannabis at X, welcomes the idea her company is a pioneer in the space and it offers branding opportunities for companies that can't advertise their products elsewhere. The X Vision: Alianiello said X's vision is to "help bring civilization forward...
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Mark Cuban Says Elon Musk Advertisers 'Don't Want To Be Associated' With Explicit Content On X In The Name Of 'Free Speech:' 'There Are Repercussions'
Tuesday, October 8, 2024 - 10:03am | 601Mark Cuban has expressed admiration for Elon Musk but voiced concerns over his approach to free speech on X, previously known as Twitter. During a discussion on the All-In Podcast, Cuban shared his views on Musk’s management style. What Happened: While acknowledging Musk’s...
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Y Combinator Partner Slams Elon Musk's Twitter Strategy, Draws Contrast With Jeff Bezos' Business Philosophy: 'Taste Is Not Transferable'
Monday, October 7, 2024 - 4:17am | 810In a critique that pits the business philosophies of tech titans Jeff Bezos and Elon Musk against each other, Y Combinator Group Partner David Lieb has sparked questions over Musk’s management of Twitter, now known as X. What Happened: Lieb’s comments, posted on the platform itself,...
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Elon Musk's X Paid $5M To Wrong Bank In Brazil, Delaying Reinstatement Of Its Services In The Country
Monday, October 7, 2024 - 3:38am | 472Brazil’s Supreme Court has announced a delay in allowing X, owned by Elon Musk, to resume operations in the country due to a payment error. What Happened: The social media platform mistakenly paid $5 million in fines to the wrong bank, hindering its efforts to lift a suspension imposed in...
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Telegram Joins X, Meta, LinkedIn In Privacy Dilemma: Social Media Faces Growing Government Control
Friday, October 4, 2024 - 8:56am | 759The tech world is buzzing with news of Telegram's recent shift in privacy policy, where the platform will now provide user data like IP addresses and phone numbers to authorities in response to valid legal requests. Known for its staunch commitment to free speech and privacy, this change signals a...