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A U.S. appeals court on Wednesday upheld a jury’s verdict that cleared Tesla CEO Elon Musk and the company of liability in a case involving allegations that Musk misled investors with his 2018 social media posts. The posts claimed he had “funding secured” to take Tesla private at $420 per share, a statement that caused…
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Elon Musk’s X will not be classified as a gatekeeper under the EU’s Digital Markets Act, which would have imposed a strict set of obligations on the platform, according to sources familiar with the situation. The European Commission, which initiated an investigation into X in May, is set to announce its decision next week. The…
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ocial media giant X became accessible to some Brazilian users on Wednesday, just one day after the country’s Supreme Court allowed Elon Musk’s platform to resume operations for complying with court rulings. Brazil’s telecommunications regulator, Anatel, announced that it has started instructing internet providers to restore access to X. By Wednesday, many users reported being…
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Brazil’s Supreme Court has ordered Elon Musk’s X to stop bypassing a previous ruling that suspended the social media platform in the country. If X fails to comply, it faces a daily fine of 5 million reais ($921,726.95), according to a decision issued late on Wednesday. X became accessible to many users in Brazil on…
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A federal judge in Texas, assigned to hear a lawsuit filed by Elon Musk’s social media platform X against a group of advertisers, has removed himself from the case after reports revealed his ownership of shares in another Musk company, Tesla. U.S. District Judge Reed O’Connor in Fort Worth, Texas, recused himself in a one-paragraph…
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On Thursday, social media platform X agreed not to use personal data collected from European Union users to train its AI systems until users had the option to withdraw their consent, as an Irish court heard. This decision came after Ireland’s Data Protection Commission (DPC), the lead EU regulator for major U.S. internet firms operating…
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Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who accused him of waiting too long in early 2022 to reveal his large ownership stake in the social media company, saying his delay was a mistake. In a late Wednesday night filing in Manhattan federal court, Musk argued that it is implausible to…
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On Thursday, a federal judge indicated a willingness to compel Elon Musk to testify again in the U.S. Securities and Exchange Commission’s investigation into his $44 billion takeover of Twitter. Lawyers for the billionaire appeared in a San Francisco courtroom on Thursday to urge U.S. District Judge Jacqueline Scott Corley to decide against the SEC,…
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When Odysseus became the first U.S. spacecraft to land on the moon in over 50 years, many people posted on social media about the accomplishment – even Starman and superstar David Bowie. But wait! Isn’t David Bowie dead? Yes. He died in 2016. However, his official Facebook account, David Bowie, posted news of the space mission,…
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