Tag Archives: social media

Judge Orders Musk To Testify In SEC’s Twitter Probe

Reuters reports: A federal judge ordered Elon Musk to testify again in the U.S. Securities and Exchange Commission’s probe of his $44 billion takeover of Twitter, giving the regulator and the billionaire a week to agree on a date and location for the interview. Judge Laurel Beeler’s order, issued on Saturday night, formalized a tentative ruling she made in December …

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Rubio: Courts Will Ax FL’s Social Media Ban For Minors

Florida Politics reports: Legislation that passed the Florida House and is now moving through the Senate that would ban Floridians under the age of 16 from having social media accounts is drawing doubts from Florida’s senior Senator. Marco Rubio said he thinks courts would strike it down. His “only concern about it would be that social media is not a …

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Florida’s Social Media Ban For Minors Nears Finish Line

Florida Politics reports: Legislation barring most children in Florida from social media advanced in the Florida Senate. But it still contains no exceptions for children logging on with parental consent, something Gov. Ron DeSantis has questioned. Sen. Erin Grall, a Fort Pierce Republican, said Big Tech’s current practices pose too great a threat against children to ignore. “If we as …

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WSJ: Musk Execs Are Pressured To Do Drugs With Him

The Insider reports: Elon Musk has created a culture of peer pressure among his friends and business associates that encourages them to use drugs with him, according to a new report from The Wall Street Journal that details how board members and directors of his various companies either participate in or enable his substance use to stay close to the …

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Zuckerberg Apologizes To Families Harmed By Meta

The Guardian reports: Following an intense line of questioning with Mark Zuckerberg, Republican senator Josh Hawley asked the Meta executive if he would like to apologize to families of victims who are sitting in the audience of today’s Senate hearing, many of whom hold photos of children they say died or were harmed due to his platform. Zuckerberg stood up …

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Graham Tells Social Media CEOs They Have “Blood On Their Hands” In Senate Hearing On Online Child Abuse

The Independent reports: At a Senate Judiciary Committee hearing on social media safety, Senator Lindsey Graham of South Carolina told major tech CEOS they have “blood on their hands.” “Mr Zuckerberg, you and the companies before us, I know you don’t mean it to be so, but you have blood on your hands, you have a product that’s killing people,” …

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X Says It Will Hire 100 Child Abuse Content Moderators

Reuters reports: Social media company X is in the process of hiring 100 content moderators for a new office in Austin, Texas that will focus on fighting child abuse content, a goal it hopes to complete by the end of the year, an X executive said on Saturday. The Elon Musk-owned company announced the new “Trust and Safety center of …

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NYT: Musk Spreads Election Lies Without Restraint

The New York Times reports: In the spring of 2020, when President Donald J. Trump wrote messages on Twitter warning that increased reliance on mail-in ballots would lead to a “rigged election,” the platform ran a corrective, debunking his claims. “Get the facts about mail-in voting,” a content label read. “Experts say mail-in ballots are very rarely linked to voter …

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Florida House Approves Social Media Ban For Minors

The Messenger reports: The Florida House of Representatives has passed two bills banning social media for minors under age 16 and requiring age verification for pornographic sites, just two weeks into their 2024 legislative session. With House approval, the bills will now head to the state Senate before making its way to Republican Gov. Ron DeSantis’s desk. If the governor …

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X Suspends Prominent Journalists And Progressives

The Messenger reports: The accounts of several prominent journalists and progressive-leaning influencers have been suspended by Elon Musk’s X platform for apparently violating X’s rules. The affected users include Ken Klippenstein, an investigative journalist who is on staff at The Intercept, and Texas Observer reporter, Steven Monacelli. Monacelli told The Messenger that he did not receive an explanation for the …

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X Loses SCOTUS Appeal On Surveillance Disclosures

Reuters reports: The U.S. Supreme Court on Monday rejected a request by Elon Musk’s X Corp to consider whether the social media company, formerly called Twitter, can publicly disclose how often federal law enforcement seeks information about users for national security investigations. The justices declined to hear X’s appeal of a lower court’s ruling holding that the FBI’s restrictions on …

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Florida GOP Bill Would Ban Minors From Social Media

Florida Politics reports: Legislation filed late Friday would prohibit minors in Florida from having social media accounts. Fiona McFarland, a Sarasota Republican, filed the legislation (HB 1). Of note, the designation of HB 1 is normally held for priority legislation for House leadership. As written, the bill would require tech companies to enact reasonable age verification methods, prevent anyone under …

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Mutual Fund Values X At 29% Of Musk’s Purchase Price

Axios reports: Fidelity has again marked down the value of its shares in X Holdings, which the mutual fund giant helped Elon Musk buy for $44 billion when the company was known as Twitter. Fidelity believes that X is worth 71.5% less than at the time of purchase, according to a new disclosure that runs through the end of November …

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Musk Loses Suit Against CA Content Moderation Law

Reuters reports: Elon Musk’s X on Thursday failed to block a California state law that requires social media companies to publicly disclose how they moderate certain content on their platforms. X, formerly known as Twitter, in September sued California to undo the content moderation law, saying the law violated its free speech rights under the U.S. Constitution’s First Amendment and …

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Judge: Twitter Stiffed Employees On Millions In Bonuses

Reuters reports: Twitter violated contracts by failing to pay millions of dollars in bonuses that the social media company, now called X Corp, had promised its employees, a federal judge ruled on Friday. Mark Schobinger, who was Twitter’s senior director of compensation before leaving Elon Musk’s company in May, sued Twitter in June, claiming breach of contract. Schobinger’s suit alleged …

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“Rioter Central” Platform Parler To Relaunch In 2024

NBC News reports: Parler, one of the Trump-era social media apps that featured little content moderation and became popular among conservatives, has been sold again and is planning for a relaunch early next year ahead of the 2024 presidential election, its new owners said Monday. The app, known for its use by participants in the Jan. 6, 2021, insurrection, will …

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Bloomberg: Twitter Ad Sales Down $1.5B Over 2022

Bloomberg News reports: Elon Musk’s X, the social network formerly known as Twitter, is on track to bring in roughly $2.5 billion in advertising revenue in 2023 — a significant slump from prior years, according to people familiar with the matter. X generated a little more than $600 million in advertising revenue in each of the first three quarters of …

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Ex-Twitter Exec’s Lawsuit: I Was Fired For Objecting To Musk Ending Sharing Our Info With Law Enforcement

Reuters reports: A former executive at Twitter Inc, now called X Corp, has filed a lawsuit claiming he was fired after Elon Musk acquired the company for objecting to budget cuts that would prevent the company from complying with a U.S. government settlement over its security practices. Alan Rosa, who was Twitter’s global head of information security, filed the lawsuit …

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YouTuber Gets Six Months For Deliberate Plane Crash

Los Angeles’s ABC affiliate reports: An extreme sports athlete from Santa Barbara County was sentenced to six months in federal prison on Monday for intentionally crashing a small plane for a YouTube stunt and then destroying the wreckage. In November 2021, authorities say Trevor Jacob, 30, took off from the Lompoc City Airport in his single-engine Taylorcraft BL-65 on a …

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Experts Say X Posts Fueled Far-Right Riots In Dublin

CBS News reports: Elon Musk’s social media platform X has fueled far-right disinformation in Ireland and played a key role in riots last month in the country’s capital Dublin, experts tell CBS News. The violent clashes erupted on Nov. 23 between about 200 civilians and riot police in central Dublin as demonstrators vented rage after a stabbing incident that left …

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