X

Cisco Systems Inc (NASDAQ:CSCO) will report its third-quarter earnings Wednesday after the market close, with Wall Street expecting earnings per share of 92 cets and revenue of $14.08 billion. The stock has climbed 25.4% over the past year, despite being down 3.87% year-to-date and slipping 6.92%...

In the world of social media apps, Meta Platforms (NASDAQ:META) dominates with Facebook and Instagram, which have about three billion users daily. The company's newest platform, Threads, is also gaining subscribers fast. What Happened: Threads, a potential rival to platforms like X and Bluesky, had...

Several high-profile X users found that their visibility on the platform had plummeted after they publicly sparred with owner Elon Musk, raising new questions about how power is exercised on the platform once known for its pro-free speech stance. What Happened: Many far-right influencers reported a...

OpenAI CEO Sam Altman and Elon Musk, CEO of Tesla and owner of X, have feuded for several years after Musk left OpenAI’s board in 2018, the company he co-founded. Several lawsuits later, the San Francisco-based AI start-up is exploring creating a social media competitor to Musk’s X....

On Monday, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg testified in a Washington, D.C., courtroom. What Happened: The Federal Trade Commission (FTC) and Meta opened arguments in a trial that could lead to the forced divestiture of Instagram and WhatsApp, reported CBS News. "There's...

Two prominent political figures have joined decentralized social media platform Bluesky, moves that coincided with helping to promote the Wisconsin Supreme Court election that has been of interest to Elon Musk. What Happened: Presidential candidate Hillary Clinton and former President Barack Obama...

Major brands are making a cautious return to advertising on Elon Musk‘s social media platform X. What Happened: According to multiple marketing executives, companies are feeling the pressure to spend nominal amounts on advertising on X. This move comes in the wake of Musk’s influential...

Editor’s Note: This story has been updated to reflect the accurate combined valuation of X and xAI. Elon Musk’s artificial intelligence startup xAI has acquired his social media company X, formerly Twitter, in an all-stock deal valued at $33 billion. What Happened: On Friday, Musk...

Billionaire Elon Musk paid $44 billion to acquire social media platform Twitter, which he later rebranded to X. The valuation of the platform has declined sharply since the 2022 purchase with Fidelity marking the value down by 72% as of December. A new report shows a secondary deal for the company...

On 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...

Man Pleads Guilty To Hacking SEC Social Media Account The U.S. Department of Justice on Monday announced that Eric Council pleaded guilty to conspiracy to commit aggravated identity theft in a federal court in Washington, D.C.. Council is accused of hacking the SEC's X account and posting a fake...

 Jack 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...

Technology 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...

Palantir Technologies, Inc. (NASDAQ:PLTR) announced on Thursday that it has added xAI's large language model Grok to its AIP platform.  The Details: Grok, developed by Elon Musk's AI start-up xAI, is now available in Palantir's AIP in addition to other LLMs including Meta's Llama, Gemini, GPT-...

Banks have successfully sold $5.5 billion in loans tied to X Corp., the social media platform owned by Elon Musk, amid surging investor demand. What Happened: The sale, which was initially planned at $3 billion, was expanded due to heightened interest, with investors including Pimco and Citadel...