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The Latest Breaking News from Elon Musk X

Social media overtakes TV as main source of news in US, analysis finds

Global study shows 54% of Americans receive news from social media, while the UK has highest proportion of news avoiders at 46%

The Guardian - UK

The Global Auto Industry Is Drowning in Overcapacity

Today on Critical Materials: auto industry has a

InsideEVs

‘I Wake Up and Fight People’: Meta’s Mark Zuckerberg Does 2 Hours of Jiu Jitsu Every Morning To Cope With the Stress of Work

In a recent podcast appearance, Mark Zuckerberg revealed his unique, disciplined morning routine - which includes waking at 7 a.m. to practice jiu jitsu for two hours instead of relying on stimulants like coffee.

Barchart

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Friday essay: Trump’s reign fits Curtis Yarvin’s blueprint of a CEO-led American monarchy. What is technological fascism?

The plan was simple. It started by retiring all government employees by offering them incentives to leave and never return. To avoid anarchy and keep authority, the police and military would be retained.

The Conversation

Major social media platforms fail to protect LGBTQ users, advocacy group GLAAD says

Major social media platforms such as TikTok, Instagram and X have failed to protect LGBTQ+ users from hate and harassment, in part, because they intentionally rolled back previous safety practices, the advocacy group GLAAD said Tuesday in its annual Social Media Safety Index

The Independent UK

The US government is coming for Google and Meta – but what will happen next?

Google suffered another defeat last week in its clash with the justice department, while Meta hasn’t been able to wriggle its way out of antitrust cases either

The Guardian - US

OpenAI could be launching a social media platform to compete with Elon Musk’s X - reports

The platform would be based on ChatGPT’s image-generation feature, which caused a trend in reproducing Studio Ghibli alikes, reports citing company insiders say.

Euronews

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Elon Musk's X just revealed a dramatic revenue drop in U.K. after $44 billion takeover

X’s U.K. arm saw a 66.3% drop in revenue in the year following Musk’s takeover, falling from £205.3 million in 2022 to £69.1 million in 2023.

Fortune

OpenAI reportedly creating its own social network to take on X

OpenAI might be building its own social network — and yes, it could be powered by ChatGPT, according to reports.

Tom’s Guide

Elon Musk’s X launches crackdown on ‘parody’ accounts after he axed tools that stopped them

Impersonation accounts have been a long-running problem for site since it was bought

The Independent UK

EU to Reportedly Give Elon Musk's X $1B in Fines, Other Penalties for DSA Violations

Elon Musk's social media is set to face a massive $1 billion fine in the EU and other penalties for its alleged violations against the DSA.

International Business Times

UK issues travel warnings over growing Turkey unrest after Erdogan brands protests ‘evil’

Turkey’s main opposition party calls for boycott of ‘pro-Erdogan’ media, brands, and stores

The Independent UK

Digital imperialism: How US social media firms are using American law to challenge global tech regulation

Social media platforms tend not to be that bothered by national boundaries.

The Conversation

Morning Mail: ex-defence chief questions US alliance, supermarket reform urged, protests in Israel

Chris Barrie says White House ‘vandals’ wrecking US alliance; thousands take to streets to call for ceasefire and hostage return

The Guardian - AU

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The Guardian - AU

Trump urged to target ‘coercive and discriminatory’ Australian media laws by Musk’s X, Apple, Google and Meta

The Computer and Communications Industry Association named Australia’s news media bargaining incentive in its submission

Fortune

Senate poised to advance landmark crypto bill, Warren warns of Elon Musk 'controlling' financial system

The Senate is expected to mark up a stablecoin bill on Thursday.

Salon

The legacy news media is shaking apart

Broadcast news anchors are leaving and critics like Joy Reid have been fired. Can the news as we know it survive?

TechRadar

xAI could sign a $5 billion deal with Dell for thousands of servers with Nvidia's GB200 Blackwell AI GPU accelerators

Reports claim Dell is about to secure a $5 billion deal to supply Elon Musk's xAI with yet more AI servers.

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The Guardian - AU

Telegram fined nearly $1m by Australian watchdog for delay in reporting about terrorism and child abuse material

Telegram took 160 days to provide information, with the delay obstructing online safety scrutineer from doing its job, commissioner says

The Guardian - US

Crypto and big tech’s backing pays off as Trump makes tech-friendly moves

Flurry of directives relaxes regulations and drops lawsuit – and billionaires who donated to Trump are ready to benefit

The Guardian - US

Parents are desperate to protect kids on social media. Why did the US let a safety bill die?

The Kids Online Safety act passed the Senate 91-to-3 but died in the House. Advocates on both sides say they won’t give up

Fortune

From legal settlements to business ventures, mega corporations are making deals with President Donald Trump and the Trump family

Companies have reportedly doled out $80 million to the Trump family and his presidential library, according to the Wall Street Journal.

Latin Times

Trump Settles Lawsuit Against Musk's X for $10 Million After Being Removed From the Platform Amid the Capitol Riots: Report

Trump settled his $10 million lawsuit against Elon Musk's X after being banned from the platform for instigating the January 6th Capitol attack.

International Business Times UK

Wall Street Sells £4.41B of X Loans as Investors Bet on Strong Financials, Advertisers Returning to Musk's Firm

X's improving 2024 EBITDA, major advertisers like Apple mulling a comeback to the platform, and Amazon ramping ad spending led investors to buy £4.41B of 2022 debt used by Musk to take over the social networking platform.

Barchart

Meta Stock Q4: 5 Key Things to Watch When Meta Reports Earnings

Meta Platforms will release its Q4 earnings on Jan. 29. Here are the key metrics that investors should watch.

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