Elon Musk Overtakes SEC’s Attempt Over Twitter Deal
Elon Musk has achieved a significant victory against the Securities and Exchange Commission (SEC) by successfully opposing the agency’s attempt to impose sanctions on him for failing to attend court-ordered testimony. The case, which was associated with Musk’s $44 billion acquisition of Twitter, underwent a significant turn when Judge Jacqueline Scott Corley rendered a decision […]
X Halts AI Chatbot Data Collection to Comply with EU Data Laws
X has settled its legal dispute with the European Data Protection Commission by agreeing to discontinue AI data collection practices and erase user data. The European Union’s investigation into the social media platform X has concluded after the platform agreed to comply with the European Data Protection Commission’s (DPC) requirements. On September 4, X committed to […]
Hoskinson to Launch Decentralized Social Network in Brazil
Charles Hoskinson criticized the censorship and emphasized the importance of decentralization. Charles Hoskinson, the creator of the Cardano blockchain, has announced his intention to establish a decentralized social media network in Brazil. This decision comes at a time when tensions are growing between the country’s judicial system and the social media site X, which was […]
Hacked SEC Twitter Account Falsely Posts Approved Bitcoin ETFs
According to the Safety Team of the X platform, the U.S. Securities and Exchange Commission’s (SEC) Twitter account was hacked. The Twitter (X) account of the U.S. Securities and Exchange Commission (SEC) was hacked by an anonymous person, the social media platform’s Safety Team verified following an initial probe. The Bitcoin ETF announcement, which originated […]
X Launches $1 Subscription Fee for New Users in NZ, PH
X, the social media platform formerly known as Twitter, has launched a subscription model for new users in New Zealand and the Philippines. The move is part of the company’s efforts to combat bots and spam on the platform. X announced on October 17, 2023, that new users in these two countries will have to […]