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The Latest Breaking News from Twitter Inc.

Elon Musk sued by regulator for 'violating' federal securities law over Twitter stocks

Musk’s lawyer has branded the latest complaint a ‘sham’

Evening Standard

SEC Sues Elon Musk For Undisclosed Twitter Ownership

SEC lawsuit filed against tech figure for not disclosing ownership of Twitter, leading to underpayment of investors and a surge in stock price upon disclosure.

Top News

Elon Musk sued by US commission over $150m Twitter share claims

ELON Musk is being sued by the US Securities and Exchange Commission (SEC) ...

The National (Scotland)

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SEC Sues Elon Musk Over Alleged 'Unjust Enrichment' In Twitter Stock Purchases

Elon Musk is faced with an SEC lawsuit over his alleged violation of securities laws when he failed to disclose his Twitter common stock acquisitions that allowed him to buy shares at lower prices.

International Business Times

US watchdog sues Elon Musk over late disclosure of Twitter stake

US Securities and Exchange Commission says Musk’s failure to disclose stake allowed him to underpay $150m for shares.

Al Jazeera

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

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

The Independent UK

Albanese says our laws would stop Elon Musk interfering in the Australian election. In truth, there’s little to stop him

Elon Musk is no stranger to news headlines. His purchase of Twitter and subsequent decision to rebrand the platform as X has seen it called “a true black mirror of the most worrying parts of human nature”. Tesla’s incredibly flawed Cybertruck remains an ongoing source of Internet jokes and memes.…

The Conversation

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Elon Musk’s lawyer said the SEC’s lawsuit against the Tesla CEO is a ‘single-count ticky tak complaint’

Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least $150 million in the process, according to regulators.

Fortune

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

SEC alleges Musk was able to underpay ‘by at least $150 million’ for Twitter shares he bought after he should have disclosed his ownership of more than 5%

The Independent UK

US sues Elon Musk for allegedly failing to disclose early Twitter stock purchase

Financial regulator alleges Musk later acquired shares of company at ‘artificially low prices’, stiffing shareholders

The Guardian - US

Tech leaders want us to ditch Meta and X, but what are they offering instead?

Entrepreneurs and celebrities want to reclaim social media from billionaires. They hope to raise $30m to grow Bluesky, a social media app, into an ecosystem to rival Meta and X

Evening Standard

Why I have finally quit Facebook (it’s not just about fact-checking)

For years I’ve overlooked the many good reasons for leaving the social media platform. But now there is no other choice, writes Guardian columnist Zoe Williams

The Guardian - UK

“You Belong In Prison”: Wild Theories Arise As Footage Shows Young Men Fleeing Deadly Fire Site

A viral video of young men fleeing the Palisades fire in Los Angeles has sparked conspiracy theories online, with viewers questioning their presence at the scene as the fire ignited. The post “You Belong In Prison”: Wild Theories Arise As Footage Shows Young Men Fleeing Deadly Fire Site first appeared…

Bored Panda

Netflix has just dropped a new show from an award-winning director with no promotion, and viewers are loving it

Asura is being called a "gem" and "the year's first great TV"

Total Film

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The Conversation

The dynamics that polarise us on social media are about to get worse

Meta founder and CEO Mark Zuckerberg has announced big changes in how the company addresses misinformation across Facebook, Instagram and Threads. Instead of relying on independent third-party factcheckers, Meta will now emulate Elon Musk’s X (formerly Twitter) in using “community notes”. These crowdsourced contributions allow users to flag content they…

GamesRadar

"This is devastating": After 8 years of work, CS:GO mod that aimed to revive "the 1.6 vibe" apparently rejected by Steam "without any reason," despite previous contact with Valve

The Classic Offensive mod team says it followed "requirements and recommendations to the letter"

Evening Standard

Elon Musk: How the world's richest man made his billions – and became a political powerhouse

The world's richest man is getting involved in everyone's politics. How did he get here?

International Business Times

The Comfort Women Narrative: How Social Media Amplifies Emotionally Charged, Anti-Japanese Content Over Balanced Research

This article explores how social media distorts public perception of the comfort women issue, contrasts it with the depth provided by books and research, and offers a challenge-focused perspective to encourage more critical consumption of online content.

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USA Today Sports Media Group

Twitter reacts to ridiculous penalty called on Broncos WR Marvin Mims

No idea why this was a penalty on Marvin Mims???

The Conversation

Canadian companies are using social media to boost their ESG credibility, but investors aren’t buying it

Tesla founder Elon Musk made his stance on environmental, social and governance (ESG) ratings unmistakably clear in June 2023 when he posted “ESG is the devil” on his social media platform, X. Musk, a well-known critic of ESG, made the comment in response to a report that cited poor ESG…

Tom’s Hardware

HPE lands $1 billion AI server order from Elon Musk

HPE steals wins an order from X, stealing the deal from Dell and Supermicro.

The Guardian - UK

Trump, Musk and Zuckerberg have declared war on facts and truth. The pushback must start now

There is a narrow window. Public media and fair reporting must be supported: the rules must be upheld, says writer and academic Emily Bell

International Business Times

Mark Zuckerberg Says Jim Jordan's Investigation of Conservative Censorship Was Like 'What Elon Did on The Twitter Files'

Mark Zuckerberg likened Jim Jordan's investigation into censorship to Elon Musk's "Twitter Files."

PC Gamer

A tabletop RPG designer made a game about the way FromSoft NPCs say cryptic stuff and go 'heh heh heh' all the time, and the result is a love letter to the 'grubby little weirdos'

Roleplay their "earnest but often fumbling tragedy."

Reason

Facebook's New Free Speech Policy Shows Business Getting Back to Business

It’s the latest company to step back from dangerous alliances with political factions.

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