Elon Musk Posts about X (formerly Twitter's owner), Elon Musk. Business The value of X (Twitter) has fallen 71% since Musk's purchase According to Fidelity, a mutual fund owning a stake in X Holdings, the platform's value has dropped by 71.5% since Musk's $44 billion purchase in October 2022. This valuation places X at approximately $12.5 billion. The platform has seen a 15% drop in monthly users in the first year under Musk's leadership, amidst rising concerns over increased hate speech. Musk's tenure has also been marked by substantial staff cuts, reduced moderation, and a warning from the European Union about the high ratio Continue reading The value of X (Twitter) has fallen 71% since Musk's purchase Elon Musk tells advertisers to "Go fuck yourself" At the DealBook Summit in New York, Elon Musk expressed strong disdain for advertisers boycotting the platform due to his amplification of antisemitic posts. He accused the Anti-Defamation League (ADL) of trying to "kill X" by urging advertisers to avoid the site and responded to perceived blackmail attempts over advertising with a blunt "Go f— yourself." Musk singled out Disney CEO Bob Iger during his remarks and suggested that his fans might boycott advertisers in retaliation. Despite recent a Continue reading Elon Musk tells advertisers to "Go fuck yourself" X sues Media Matters for America Elon Musk's X Corp. has sued Media Matters for America, alleging defamation after the nonprofit reported that ads on X were shown next to pro-Nazi content, causing advertisers to pull out. The lawsuit claims Media Matters used deceptive tactics to make such ad pairings appear more common than they were. X CEO Linda Yaccarino defended the platform, asserting that these pairings were not widely seen by users. In response, Texas Attorney General Ken Paxton has launched an investigation into Media M Continue reading X sues Media Matters for America Elon Musk implies X could only be worth $4 billion now Elon Musk, in a post attacking the Anti-Defamation League (ADL) for allegedly causing a significant loss in revenue for X, claimed that the platform has lost 90% of its value since his acquisition, potentially bringing its worth down to $4 billion. Musk's attack came after ADL objected to anti-Semitic tweets from far-right groups on X. Musk accused ADL of being overly aggressive in demanding account bans and blamed them for a substantial part of X's revenue loss. He stated that ADL might be resp Continue reading Elon Musk implies X could only be worth $4 billion now Elon Musk Booed at a Video Game Tournament Following the rebrand to X, Elon Musk faced public backlash during his appearance at the Valorant World Championship Final in Los Angeles. As he was briefly shown on camera with his son X Æ A-12, the crowd booed him and chanted "Bring back Twitter!" Source: PC Mag Continue reading Elon Musk Booed at a Video Game Tournament Elon Musk Elon Musk bans impersonations without a parody label Twitter starts to implement a strict policy against impersonation on the platform, stating that any accounts engaging in impersonation without clearly specifying "parody" are to be permanently suspended without warning. This policy change follows incidents where several celebrities and verified users mimic Musk on Twitter, leading to his decision to enforce immediate account suspensions for violators. Previously, Twitter's policy allowed for warnings before suspension, but Musk's new approach e Continue reading Elon Musk bans impersonations without a parody label
Business The value of X (Twitter) has fallen 71% since Musk's purchase According to Fidelity, a mutual fund owning a stake in X Holdings, the platform's value has dropped by 71.5% since Musk's $44 billion purchase in October 2022. This valuation places X at approximately $12.5 billion. The platform has seen a 15% drop in monthly users in the first year under Musk's leadership, amidst rising concerns over increased hate speech. Musk's tenure has also been marked by substantial staff cuts, reduced moderation, and a warning from the European Union about the high ratio Continue reading The value of X (Twitter) has fallen 71% since Musk's purchase
Elon Musk tells advertisers to "Go fuck yourself" At the DealBook Summit in New York, Elon Musk expressed strong disdain for advertisers boycotting the platform due to his amplification of antisemitic posts. He accused the Anti-Defamation League (ADL) of trying to "kill X" by urging advertisers to avoid the site and responded to perceived blackmail attempts over advertising with a blunt "Go f— yourself." Musk singled out Disney CEO Bob Iger during his remarks and suggested that his fans might boycott advertisers in retaliation. Despite recent a Continue reading Elon Musk tells advertisers to "Go fuck yourself"
X sues Media Matters for America Elon Musk's X Corp. has sued Media Matters for America, alleging defamation after the nonprofit reported that ads on X were shown next to pro-Nazi content, causing advertisers to pull out. The lawsuit claims Media Matters used deceptive tactics to make such ad pairings appear more common than they were. X CEO Linda Yaccarino defended the platform, asserting that these pairings were not widely seen by users. In response, Texas Attorney General Ken Paxton has launched an investigation into Media M Continue reading X sues Media Matters for America
Elon Musk implies X could only be worth $4 billion now Elon Musk, in a post attacking the Anti-Defamation League (ADL) for allegedly causing a significant loss in revenue for X, claimed that the platform has lost 90% of its value since his acquisition, potentially bringing its worth down to $4 billion. Musk's attack came after ADL objected to anti-Semitic tweets from far-right groups on X. Musk accused ADL of being overly aggressive in demanding account bans and blamed them for a substantial part of X's revenue loss. He stated that ADL might be resp Continue reading Elon Musk implies X could only be worth $4 billion now
Elon Musk Booed at a Video Game Tournament Following the rebrand to X, Elon Musk faced public backlash during his appearance at the Valorant World Championship Final in Los Angeles. As he was briefly shown on camera with his son X Æ A-12, the crowd booed him and chanted "Bring back Twitter!" Source: PC Mag Continue reading Elon Musk Booed at a Video Game Tournament
Elon Musk Elon Musk bans impersonations without a parody label Twitter starts to implement a strict policy against impersonation on the platform, stating that any accounts engaging in impersonation without clearly specifying "parody" are to be permanently suspended without warning. This policy change follows incidents where several celebrities and verified users mimic Musk on Twitter, leading to his decision to enforce immediate account suspensions for violators. Previously, Twitter's policy allowed for warnings before suspension, but Musk's new approach e Continue reading Elon Musk bans impersonations without a parody label
