Twitter owner Elon Musk signals new 'war' against Apple over its tight control over App Store
2 years, 3 months ago

Twitter owner Elon Musk signals new 'war' against Apple over its tight control over App Store

Firstpost  

Musk also joined the chorus crying foul over a 30 per cent fee Apple collects on transactions via its App Store, the sole gateway for applications to get onto its billion plus mobile devices San Francisco, United States: Twitter owner Elon Musk on Monday opened fire against Apple over its tight control of what is allowed on the App Store, saying the iPhone maker has threatened to oust his recently acquired social media platform. Musk also joined the chorus crying foul over a 30 per cent fee Apple collects on transactions via its App Store – the sole gateway for applications to get onto its billion plus mobile devices. A series of tweets fired off by Musk included a meme of a car with his first name on it veering onto a highway off-ramp labeled “Go to War,” instead of continuing onwards towards “Pay 30%.” The billionaire CEO also tweeted that Apple has “threatened to withhold Twitter from its App Store, but won’t tell us why.” Apple did not immediately reply to an AFP request for comment. Yoel Roth, the former head of trust and safety at Twitter who left after Musk took over, wrote in a New York Times op-ed that “failure to adhere to Apple’s and Google’s guidelines would be catastrophic,” and risk “expulsion from their app stores.” Describing himself as a “free speech absolutist,” Musk believes that all content permitted by law should be allowed on Twitter, and on Monday described his actions as a “revolution against online censorship in America.” He also tweeted that he planned to publish “Twitter Files on free speech suppression,” but without clarifying what data he had in mind to share with the public.

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History of this topic

Elon Musk mocked for failure trifecta as Twitter suffers 'major outage'
1 week, 6 days ago

Elon Musk mocked for failure trifecta as Twitter suffers 'major outage'

Raw Story  

The social media site X is experiencing a "major outage," reported The Independent on Monday, and it has become another red flag that billionaire Elon Musk is not the business "genius" that he has long been touted as. Many social media accounts on Twitter alternative BlueSky were quick to pile on the latest Musk flub, which has also included recent …

Musk to Face Questioning in Suit Over Twitter Buyout Flip-Flop
2 weeks, 2 days ago

Musk to Face Questioning in Suit Over Twitter Buyout Flip-Flop

Live Mint  

Elon Musk is set to be questioned under oath about his 2022 acquisition of Twitter Inc. in an investor lawsuit alleging that his on-again off-again move to purchase the social media platform was a ruse to lower its stock price. While Musk has been busy lately as a key adviser to President Donald Trump on government cost-cutting efforts, he’s also …

'Straight up extortion': 'Disturbing' report of X threats unnerves even pro-Trump author
1 month ago

'Straight up extortion': 'Disturbing' report of X threats unnerves even pro-Trump author

Raw Story  

A lawyer from Elon Musk's X has threatened companies into And social media users were unnerved by the report. "Truly disturbing report in the WSJ," pro-Trump author Batya Ungar-Sargon wrote on X. "Lawyers at Twitter are threatening advertisers to spend more money on X 'or else' X owner Elon Musk will leverage his close relationship with Trump to torpedo mergers. …

Elon Musk may be on the brink of achieving the impossible: Salvaging his $44 billon investment in X
1 month ago

Elon Musk may be on the brink of achieving the impossible: Salvaging his $44 billon investment in X

CNN  

New York CNN — In October 2022, Elon Musk paid $44 billion to buy Twitter — almost certainly an overpayment — and he promptly made significant changes that plunged the company into chaos and sent its ad business and valuation into a tailspin. Also helping X’s rebound: It reportedly holds a stake in xAI, Musk’s AI company, which itself is …

Top Democrats Fear Elon Musk Will ‘Enrich’ Himself In Newest Move
1 month ago

Top Democrats Fear Elon Musk Will ‘Enrich’ Himself In Newest Move

Huff Post  

LOADING ERROR LOADING Two top Democrats raised concerns about an Elon Musk-led effective shuttering of a consumer financial watchdog as the world’s richest man launches his own payment system. Elizabeth Warren, the top Democrat on the Senate Banking Committee, and Adam Schiff demanded that staffers at Musk’s “Department of Government Efficiency” be removed from the Consumer Financial Protection Bureau amid …

Report suggests Elon Musk’s X is raising cash from investors
1 month ago

Report suggests Elon Musk’s X is raising cash from investors

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk’s social media platform …

Trump settles suit against Elon Musk’s X over his post-Jan. 6 ban
1 month, 1 week ago

Trump settles suit against Elon Musk’s X over his post-Jan. 6 ban

Associated Press  

WASHINGTON — President Donald Trump has settled a lawsuit against Elon Musk’s X over the social media platform, formerly known as Twitter, banning him after the Jan. 6, 2021 attack on the Capitol, according to a person familiar with the matter. Musk, who bought Twitter in 2022 and renamed it to X, spent more than $200 million helping boost Trump’s …

Musk agrees to pay Trump $10m to settle lawsuit over his Twitter ban after January 6 riot
1 month, 1 week ago

Musk agrees to pay Trump $10m to settle lawsuit over his Twitter ban after January 6 riot

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk‘s X has agreed to pay Donald Trump about …

OpenAI accuses Elon Musk of contradicting his own lawsuit with takeover bid
Top News
1 month, 1 week ago

OpenAI accuses Elon Musk of contradicting his own lawsuit with takeover bid

Firstpost  

Musk’s takeover attempt is the latest twist in an escalating battle between the billionaire and the AI firm he co-founded in 2015. His lawsuit, filed last August, argues that OpenAI is violating its original mission by shifting toward a for-profit model In its court filing, OpenAI accused Musk of making “an improper bid to undermine a competitor”, arguing that his …

Musk’s X agrees to pay about $10 million to settle Trump lawsuit
1 month, 1 week ago

Musk’s X agrees to pay about $10 million to settle Trump lawsuit

Live Mint  

WASHINGTON—Elon Musk’s X has agreed to pay about $10 million to settle a lawsuit that Donald Trump brought against the company and its former chief executive, according to people familiar with the matter. The agreement makes X the second social-media platform to settle litigation that Trump filed when the companies deplatformed him over his role in the Jan. 6, 2021, …

Elon Musk's X settles Trump lawsuit over ban: report
1 month, 1 week ago

Elon Musk's X settles Trump lawsuit over ban: report

Deccan Chronicle  

Elon Musk's social media platform X has agreed to settle a lawsuit over what was then Twitter banning Donald Trump after the mob attack on the US Capitol on January 6, 2021, a newspaper said Wednesday.X has agreed to pay about $10 million to settle a lawsuit that Trump filed against Twitter and its former chief executive Jack Dorsey protesting …

Elon Musk's X forks over millions to settle lawsuit with Trump: report
1 month, 1 week ago

Elon Musk's X forks over millions to settle lawsuit with Trump: report

Raw Story  

The world's richest man is forking over millions to President Donald Trump to settle a lawsuit filed against his social media platform, X. Elon Musk’s company agreed to pay about $10 million in the deal with Trump, who sued the company and its former CEO, the Wall Street Journal reported Wednesday evening. Trump sued Twitter in July 2021 accusing the …

Donald Trump wins $10 Million settlement from X over 2021 Twitter ban
1 month, 1 week ago

Donald Trump wins $10 Million settlement from X over 2021 Twitter ban

India Today  

The social media platform X has agreed to pay Donald Trump $10 million to settle a long-standing lawsuit over his account suspension, according to CBS News. X, formerly known as Twitter, banned then-President Donald Trump from the platform in January 2021 following the Capitol riots. Trump's legal battle against Twitter In July 2021, Trump sued Twitter, claiming that his suspension …

Elon Musk agrees to pay Donald Trump $10 million to settle lawsuit against Twitter
1 month, 1 week ago

Elon Musk agrees to pay Donald Trump $10 million to settle lawsuit against Twitter

India Today  

Elon Musk’s social media platform X has agreed to pay US President Donald Trump $10 million to settle an old lawsuit against Twitter, according to a report by The Wall Street Journal. Reportedly, the $10 million settlement would be in addition to the estimated $250 million that Musk apparently spent on supporting Trump’s election campaign last year. Trump will be …

OpenAI boss Sam Altman says Elon Musk is ‘insecure’ in withering dismissal
1 month, 1 week ago

OpenAI boss Sam Altman says Elon Musk is ‘insecure’ in withering dismissal

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy OpenAI boss Sam Altman says that Elon Musk is an “unhappy” person who …

Elon Musk an 'unhappy, insecure' person says OpenAI CEO Sam Altman, denies receiving formal offer
1 month, 1 week ago

Elon Musk an 'unhappy, insecure' person says OpenAI CEO Sam Altman, denies receiving formal offer

Firstpost  

Altma described Musk’s bid as yet another attempt to disrupt OpenAI’s progress. Image Credit: Reuters, Reuters The ongoing rivalry between OpenAI CEO Sam Altman and billionaire entrepreneur Elon Musk has taken a sharp turn, with Altman publicly rejecting Musk’s attempt to buy OpenAI. OpenAI’s firm rejection of Musk’s bid Musk’s offer to buy OpenAI’s for-profit assets for $97.4 billion was …

Elon Musk targets law firms involved in 'anti-democratic cases' against Trump
1 month, 1 week ago

Elon Musk targets law firms involved in 'anti-democratic cases' against Trump

India Today  

President Donald Trump's billionaire ally Elon Musk on Tuesday directed his ire at US law firms that have teamed up with advocacy groups to challenge the Republican's sweeping policy changes in court. The post was his first to target law firms involved in cases against the Trump administration, though he did not identify a specific firm. The post on law …

Elon Musk-led group proposes buying OpenAI for $97.4 billion, as Sam Altman says 'no thank you'
1 month, 1 week ago

Elon Musk-led group proposes buying OpenAI for $97.4 billion, as Sam Altman says 'no thank you'

The Hindu  

A group of investors led by Elon Musk is offering about $97.4 billion to buy OpenAI, escalating a legal dispute with the artificial intelligence company that Musk helped found. OpenAI CEO Sam Altman quickly rejected the deal on Musk's social platform X, saying, “no thank you but we will buy Twitter for $9.74 billion if you want.” Musk bought Twitter, …

Elon Musk offers $97 billion to buy OpenAI, Sam Altman rejects it and mocks him saying we will buy X for $9B
1 month, 1 week ago

Elon Musk offers $97 billion to buy OpenAI, Sam Altman rejects it and mocks him saying we will buy X for $9B

India Today  

Elon Musk, after previously suing OpenAI, has now made an attempt to purchase the company. Recent reports reveal that Musk, along with a group of investors, approached CEO Sam Altman with an offer to buy out OpenAI for $97 billion. However, Altman declined the offer, responding with a firm, "no thank you.” According to the Wall Street Journal report, Musk …

Elon Musk says he is not interested in buying TikTok
1 month, 2 weeks ago

Elon Musk says he is not interested in buying TikTok

Deccan Chronicle  

Billionaire Elon Musk said that he was not interested in purchasing TikTok, the popular short-video app that the United States has been trying to ban over national security concerns with its Chinese owner ByteDance. "I have not put in a bid for TikTok," Musk said a week after U.S. President Donald Trump said he was open to Musk buying the …

Musk says not interested in acquiring TikTok
1 month, 2 weeks ago

Musk says not interested in acquiring TikTok

The Hindu  

Billionaire Elon Musk said that he was not interested in purchasing TikTok, the popular short-video app that the United States has been trying to ban over national security concerns with its Chinese owner ByteDance. "I have not put in a bid for TikTok," Musk said a week after U.S. President Donald Trump said he was open to Musk buying the …

Elon Musk says he has no interest in acquiring TikTok's US operations
Trending News
1 month, 2 weeks ago

Elon Musk says he has no interest in acquiring TikTok's US operations

Firstpost  

Musk, however, said he did not wish to acquire the company. “I’m not chomping at the bit to acquire TikTok” Elon Musk, the world’s richest person and a top advisor to US President Donald Trump, said he has no interest in acquiring social media platform TikTok’s operations in the United States, in comments released Saturday. “I’ve not put in a …

Elon Musk dismisses TikTok purchase speculations: ’I don’t have any plans for it’
1 month, 2 weeks ago

Elon Musk dismisses TikTok purchase speculations: ’I don’t have any plans for it’

Live Mint  

illionaire Elon Musk has confirmed that he is not interested in purchasing TikTok, the popular short-video app under threat of a US ban due to national security concerns with its Chinese owner, ByteDance. Musk's comments on TikTok Elon Musk's remarks, made in late January, were released online by The WELT Group, a division of German media company Axel Springer SE, …

Elon Musk brings Twitter-style chaos to US government, sparking controversy
1 month, 2 weeks ago

Elon Musk brings Twitter-style chaos to US government, sparking controversy

India Today  

When Elon Musk bought Twitter in 2022, he laid off thousands of employees, stopped paying rent and auctioned off coffee makers and office chairs in hopes of a big turnaround. “It isn’t working,” said Ross Gerber, a minority stockholder at X who has written down his stake to zero and expects Musk to fail in Washington, too. “For a lot …

The slash-and-burn tactics Musk brings to Washington often backfired at Twitter
1 month, 2 weeks ago

The slash-and-burn tactics Musk brings to Washington often backfired at Twitter

Associated Press  

When Elon Musk bought Twitter in 2022, he laid off thousands of employees, stopped paying rent and auctioned off coffee makers and office chairs in hopes of a big turnaround. “It isn’t working,” said Ross Gerber, a minority stock holder at X who has written down his stake to zero and expects Musk to fail in Washington, too. “For a …

Elon Musk's X sues these companies for collective ad boycotting: Report
1 month, 3 weeks ago

Elon Musk's X sues these companies for collective ad boycotting: Report

Hindustan Times  

Elon Musk's social media platform X is suing advertisers, alleging that they collectively conspired to boycott advertising on the platform after his takeover of the company, Business Insider reported. The amended complaint filed in a Texas court on Saturday alleges that members of the Global Alliance for Responsible Media, which is now a defunct initiative from the advertiser trade body …

Amazon ramps up ad spending on Elon Musk's X: Report
1 month, 3 weeks ago

Amazon ramps up ad spending on Elon Musk's X: Report

The Hindu  

Amazon.com is increasing its advertising on billionaire Elon Musk's social media platform X, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Several ad agencies, tech and media companies had also suspended advertising on X following Musk's endorsement of an antisemitic post that falsely accused members of the Jewish community of inciting hatred against white people. …

Elon Musk’s X partners with Visa on payment service in an effort to become an ‘everything app,’
1 month, 3 weeks ago

Elon Musk’s X partners with Visa on payment service in an effort to become an ‘everything app,’

Associated Press  

NEW YORK — X is teaming up with Visa to soon offer a system for real-time payments on the social media platform — signaling some progress in a yearslong vision from billionaire owner Elon Musk to create an “everything app.” Visa is the first partner for the platform’s “X Money Account” service, which is set to launch later this year, …

Elon Musk calls X’s revenue ‘unimpressive,’ warns employees of ‘very dire situation’
1 month, 3 weeks ago

Elon Musk calls X’s revenue ‘unimpressive,’ warns employees of ‘very dire situation’

Live Mint  

While Elon Musk is often seen publicly praising how X, formerly Twitter, has grown since he took over the company, the billionaire has revealed a very different side of the equation in an email to his employees. Musk told X employees in an email that the company is in “a very dire situation from a revenue standpoint”. The billionaire went …

‘If he wanted to buy it…’: Trump says he is open to Musk acquiring TikTok
2 months ago

‘If he wanted to buy it…’: Trump says he is open to Musk acquiring TikTok

Firstpost  

TikTok is facing down a US law that ordered the company to divest from its Chinese owner ByteDance or be banned in the United States US President Donald Trump said Tuesday he would be open to tech billionaire Elon Musk – the owner of social media platform X – buying Chinese-owned app TikTok. TikTok is facing down a US law …

If Elon Musk wants to buy TikTok in US, he will have to pay a whopping ...
2 months, 1 week ago

If Elon Musk wants to buy TikTok in US, he will have to pay a whopping ...

India Today  

Elon Musk could be looking at a hefty price tag of $40-50 billion in case he decides to move forward with buying the US operations of TikTok, Forbes has reported quoting Wedbush analyst Dan Ives. Ives, who has tracked Musk's ventures closely, believes a deal for TikTok’s US arm would be a “golden asset pickup” for Musk and his social …

Elon Musk sued by US markets regulator over Twitter stake disclosure
Trending News
2 months, 1 week ago

Elon Musk sued by US markets regulator over Twitter stake disclosure

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Under SEC rules, investors must report within 10 days …

US SEC sues Elon Musk for securities violation, claims he underpaid by $150 million for Twitter shares
2 months, 1 week ago

US SEC sues Elon Musk for securities violation, claims he underpaid by $150 million for Twitter shares

Hindustan Times  

The US Securities and Exchange Commission or SEC has filed a lawsuit against Elon Musk, the world's richest person, alleging that he violated securities law related to his $44 billion acquisition of Twitter. Tesla and SpaceX CEO Elon Musk listens as Republican presidential nominee former President Donald Trump speaks at a campaign event at the Butler Farm Show, on Oct. …

US securities regulator sues Musk over purchase of Twitter shares
Top News
2 months, 1 week ago

US securities regulator sues Musk over purchase of Twitter shares

Deccan Chronicle  

The United States Securities and Exchange Commission has sued Elon Musk, arguing that his purchase of Twitter shares in 2022 was carried out with violations, the regulator said in a filing published Tuesday. "Defendant Elon Musk failed to timely file with the SEC a beneficial ownership report disclosing his acquisition of more than five percent of the outstanding shares of …

US market watchdog sues Musk for hiding stakes in Twitter, buying it at 'artificial lower price'
2 months, 1 week ago

US market watchdog sues Musk for hiding stakes in Twitter, buying it at 'artificial lower price'

Firstpost  

The US’s Securities and Exchange Commission filed a lawsuit against Elon Musk, alleging the billionaire committed securities fraud in 2022 by failing to disclose he had amassed an active stake in Twitter, a secrecy that allowed him to buy shares at ‘artificially low prices’ A lawsuit has been filed against Elon Musk by the US markets watchdog – Securities and …

The SEC Is Suing Elon Musk. It’s All in the Timing
55 years, 2 months ago

The SEC Is Suing Elon Musk. It’s All in the Timing

Wired  

With the clock running out on the Biden administration, the US Securities and Exchange Commission has sued Elon Musk in federal court. “As a result, Musk was able to continue purchasing shares at artificially low prices,” the SEC alleges, “allowing him to underpay by at least $150 million for shares he purchased after his beneficial ownership report was due.” The …

SEC Accuses Elon Musk Of Buying Up Twitter Stock At Deflated Price
2 months, 1 week ago

SEC Accuses Elon Musk Of Buying Up Twitter Stock At Deflated Price

Huff Post  

LOADING ERROR LOADING The Securities and Exchange Commission has filed a lawsuit against Elon Musk alleging that in the lead-up to his acquisition of Twitter in 2022, he illegally failed to disclose he’d amassed a large portion of stock in the company ― allowing him to buy more shares of the platform at “artificially low prices.” The SEC lawsuit, filed …

US government sues Elon Musk for allegedly failing to disclose Twitter stock ownership
Trending News
2 months, 1 week ago

US government sues Elon Musk for allegedly failing to disclose Twitter stock ownership

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he …

SEC sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it
Top News
2 months, 1 week ago

SEC sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it

Live Mint  

The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site. As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his …

SEC sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it
2 months, 1 week ago

SEC sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it

Associated Press  

The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site. As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his …

US regulator sues Elon Musk for late disclosure of Twitter stake before buying it
2 months, 1 week ago

US regulator sues Elon Musk for late disclosure of Twitter stake before buying it

India Today  

Elon Musk was sued on Tuesday by the US Securities and Exchange Commission, which accused the world's richest person of waiting too long to disclose in 2022 he had amassed a large stake in Twitter, the social media company he later bought. In a complaint filed in Washington, DC federal court, the SEC said Musk violated federal securities law by …

SEC sues Elon Musk over Twitter disclosure
2 months, 1 week ago

SEC sues Elon Musk over Twitter disclosure

Salon  

The U.S. Securities and Exchange Commission sued billionaire Elon Musk on Tuesday, saying he missed a 2022 deadline to disclose his large stock position in Twitter and was able to underpay for additional shares as a result. The SEC says the report was 11 days late, allowing Musk to "underpay by at least $150 million” for shares purchased before he …

US watchdog sues Elon Musk over late disclosure of Twitter stake
2 months, 1 week ago

US watchdog sues Elon Musk over late disclosure of Twitter stake

Al Jazeera  

US Securities and Exchange Commission says Musk’s failure to disclose stake allowed him to underpay $150m for shares. The US Securities and Exchange Commission said on Tuesday that Musk failed to disclose within the required 10-day period that he acquired more than 5 percent of Twitter’s stock in March 2022. The Tesla and SpaceX CEO’s failure to notify regulators allowed …

TikTok denies rumours of sale to Elon Musk amid US ban, calls it ‘pure fiction’: Report
2 months, 1 week ago

TikTok denies rumours of sale to Elon Musk amid US ban, calls it ‘pure fiction’: Report

Live Mint  

ByteDance owned social media platform TikTok has denied the reports on the potential sale of the app to billionaire and Tesla boss Elon Musk to continue its operations amid a possible ban by the US government, reported Variety. Earlier, a report emerged stating that “Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of …

Sell TikTok To Elon Musk? App Calls Report ‘Pure Fiction.’
2 months, 1 week ago

Sell TikTok To Elon Musk? App Calls Report ‘Pure Fiction.’

Huff Post  

LOADING ERROR LOADING TikTok rejected a report Monday that the Chinese government is mulling a proposal to sell the company’s U.S. operations to billionaire Elon Musk to keep the app from being banned in America. Bloomberg first reported the idea was just one option on the table as the U.S. Supreme Court weighs a law that could ban TikTok in …

Elon Musk to buy TikTok US? New report claims Chinese officials want Tesla CEO to…
Top News
2 months, 1 week ago

Elon Musk to buy TikTok US? New report claims Chinese officials want Tesla CEO to…

Live Mint  

Chinese officials are exploring an option for Elon Musk to take over TikTok if the popular social media company fails to avoid a ban in the US, Bloomberg reports. Notably, TikTok's 170 million users could significantly improve Musk's position vis-a-vis advertisers and potentially help solve one of the biggest issues faced by his social media platform. US lawmakers urge Biden …

Elon Musk sued by SEC over late 2022 disclosure of Twitter stake
2 months, 1 week ago

Elon Musk sued by SEC over late 2022 disclosure of Twitter stake

LA Times  

Elon Musk purchased Twitter, a social media site now known as X, for $44 billion in 2022. The U.S. Securities and Exchange Commission sued Elon Musk on Tuesday, alleging failure to timely disclose that he bought more than 5% of Twitter’s stock in 2022 before he took over the social media company. Under federal law, Musk was required to disclose …

TikTok to Elon Musk? China considers how to keep the app in the U.S.
2 months, 1 week ago

TikTok to Elon Musk? China considers how to keep the app in the U.S.

Salon  

With TikTok's days in the U.S. numbered, the Chinese government is discussing options to keep it in America that include a potential deal with Elon Musk, according to media reports. Chinese officials are considering whether Musk could acquire the app's U.S. operations if it is banned, Bloomberg and the Wall Street Journal reported, citing unnamed people familiar with the talks. …

Epic Games CEO criticises Meta, Google, Apple for pretending to be Republicans, supporting Trump
2 months, 1 week ago

Epic Games CEO criticises Meta, Google, Apple for pretending to be Republicans, supporting Trump

Firstpost  

Tim Sweeney accused Big Tech leaders of pretending to be Democrats, but somehow, they find themselves now pretending to be Republicans, just to stay on the good books of the new administration As Trump gets ready to move into the Oval Office, major tech players are making moves to get on his good side. Apple and Google have reportedly donated …

Meta CEO Mark Zuckerberg takes a dig at Apple’s App Store commission
2 months, 1 week ago

Meta CEO Mark Zuckerberg takes a dig at Apple’s App Store commission

The Hindu  

Meta CEO Mark Zuckerberg did not hold back from criticising iPhone-maker Apple during an episode of the Joe Rogan podcast on January 10, claiming innovation within the hardware company had slowed down while also calling out their “random rules.” In particular, Zuckerberg took aim at Apple’s commission policy for developers on its app store. “On the one hand it’s been …

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