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The Latest Breaking News from Elon Musk X

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.

Fortune

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?

Salon

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.

TechRadar

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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 - AU

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

The Guardian - US

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.

Fortune

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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.

Latin Times

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.

International Business Times UK

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.

Barchart

Trump’s neofascism is here now. Here are 10 things you can do to resist

America has deep problems, which is why we can’t give up. Protect the vulnerable, organize boycotts and keep fighting

The Guardian - US

Internet regulator speaks out over Sydney video viewed by Southport killer that X fought to keep online

eSafety commissioner expresses ‘great sadness’ that Axel Rudakubana viewed video before murdering three girls in the UK, noting ‘clear link’ between online material and real-world violence

The Guardian - AU

X and Bluesky have rolled out TikTok clones as the app's fate continues to hang in the balance

Instagram, meanwhile, is working on a CapCut clone.

Fortune

HPE may have been beaten Supermicro and Dell to win a $1bn AI contract, but it's not for the Colossus supercomputer

HPE beat Supermicro and Dell to win a $1bn contract to supply Elon Musk's X with AI servers

TechRadar

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International Business Times

From Ban To Buyout: What Next For TikTok In The US?

TikTok faces an imminent shutdown in the United States after Congress passed a law last year forcing its Chinses owner ByteDance to either sell the platform or close it by this Sunday.

Fortune

Hollywood stars and geeks unite to billionaire-proof social media

The likes of Mark Ruffalo and Jimmy Wales are backing the Free Our Feeds project, to ensure Bluesky's tech will thrive even if the company goes bad.

Pedestrian.tv

The New Meta Censorship Rules Are Coming Our Way So Buckle Up, Here’s What We Know So Far

Meta's new censorship rules see the ditching of fact-checkers and instead adopting a system similar to that of Elon Musk's X.

International Business Times

Pro-Russian Disinformation Makes Its Bluesky Debut

The first symptoms of disinformation are emerging on the social media network Bluesky, with echoes of the pro-Russian "Matryoshka" campaign that flooded Elon Musk's X -- but with a few twists.

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The Guardian - US

Meta never cared about factchecking. What it wants is friction-free oligarchy

The company’s plan to end its factchecking program is about appeasing Trump. That signals the making of a mafia state

Fortune

Mark Zuckerberg takes a cue from Elon Musk: Facebook and Instagram will ditch fact-checking and instead rely on community notes

The Meta CEO announced changes to content moderation just in time for a familiar incoming presidential administration.

Evening Standard

Police force scales back X use due to ‘quality and quantity of interactions’

Derbyshire Constabulary said it will only use the social media site, owned by Elon Musk and formerly known as Twitter, to provide ‘critical updates’.

Fortune

Europe’s privacy watchdogs tell AI companies what they must do to avoid big GDPR fines

It is far from clear that companies such as Meta and OpenAI will be able to clear these hurdles.

Windows Central

"We've always been a fan of blueskies": Is Microsoft losing faith in Elon Musk's X as it migrates to his fastest-growing competitor?

Microsoft recently joined Bluesky, touting a "connected digital ecosystem" that bolsters the user experience and innovation.

Fortune

Fidelity boosts valuations of its stakes in Elon Musk's X and xAI startup, report says

October saw a 32.37% jump in X's valuation, marking the biggest monthly increase since Fidelity helped Musk buy Twitter for $44 billion in 2022, Axios said.

Benzinga

Elon Musk's X Objects To Sale Of Infowars Accounts To The Onion, Claims Ownership Over Alex Jones's Social Media

Elon Musk's X has objected to the bankruptcy sale of Alex Jones's Infowars accounts to The Onion, citing terms of service that prevent the transfer of social media accounts without its approval.

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