Elon Musk

Musk said the prominent AI start-up had put profits and commercial interests ahead of seeking to benefit humanity.

The billionaire’s willingness to pay legal bills for people who want to sue Disney is the latest foray against the company and CEO Bob Iger.

Linda Yaccarino, the chief executive of the platform formerly known as Twitter, is relying on her TV industry ties to recruit established stars to the site.

Civil rights lawyers and Democrats are sounding alarms about Mr. Musk’s claims about voting. The Biden campaign called his posts “profoundly irresponsible.”

The entertainment giant has real issues, and now the CEO has to deal with the Greek chorus of Ron DeSantis, Nelson Peltz and Elon Musk at the same time.

The inquiry is perhaps the most substantial regulatory consequence to date of X, which has seen a rise in incendiary content on the platform, according to researchers.

The streamer had joined a group of big brands to suspend ads on the platform after the billionaire agreed with an antisemitic post.

Big U.S. companies including Walt Disney and Comcast increased advertising spending on Instagram after pausing commercials on X last month, according to Sensor Tower, as marketers flee the Elon Musk-owned social media platform over antisemitic content. Disney (DIS.N) and Comcast (CMCSA.O) lifted their U.S. spending on the app owned by Meta (META.O) by 40% and about 6% respectively in the two weeks from Nov. 20, Sensor Tower data showed. Paramount (PARA.O), meanwhile, tripled its spending on Snapchat.

On Monday, a federal judge advanced a lawsuit from investors who say they suffered losses when they sold their shares in Twitter, now known as X, because of posts from Musk claiming the platform has a major issue with fake accounts and that he could wiggle out of the deal because of it. U.S. District Judge Charles Breyer found that several of Musk’s statements were false or misleading, in part, because he waived due diligence.

Elon Musk has restored the X account of conspiracy theorist Alex Jones, pointing to a poll on the social media platform formerly known as Twitter that came out in favor of the Infowars host who repeatedly called the 2012 Sandy Hook school shooting a hoax.

X Corp. owner Elon Musk on Thursday told the Supreme Court that a restriction on his ability to tweet about Tesla violates the First Amendment. The restriction, which he agreed to as part of a settlement with the Securities and Exchange Commission, prohibits Musk from tweeting about his car company without first obtaining approval from its lawyers. Such a restriction “is a quintessential prior restraint that the law forbids,” his lawyers say in a petition urging the Supreme Court to review the restriction.

X boss Elon Musk called on Disney to “immediately” fire CEO Bob Iger on Thursday for allowing Mouse House ads to run on rival social media platforms that allegedly allowed child predators to target underage users. Musk’s escalated his feud with Iger — whom he told to “go f–k yourself” last week after Disney pulled its advertising from X — following a disputed report that its ads were running next to antisemitic content on the site formerly known as Twitter.

Advertisers said on Thursday that they did not plan to reopen their wallets anytime soon with X, the social media company formerly known as Twitter, after its owner, Elon Musk, insulted brands using an expletive and told them not to spend on the platform.

Elon Musk’s “Go f–k yourselves” statement to advertisers leaving X was defended by the social media platform’s CEO, Linda Yaccarino, who said that the owner “offered an apology, an explanation and an explicit point of view about our position.”

The former NBCUniversal ad sales chief thought she could manage the mercurial Elon Musk. Her former colleagues are baffled at the result: “She let her ego get the best of her.” (John Staley photo)

Social media outlet X won’t mark the spot for Madison Avenue until its two top executives align around a single approach.

Sony Pictures has pulled the plug for now on any advertising on X/Twitter. In what is a rising tide, Sony is the latest Hollywood and tech company to leave the platform over X owner Elon Musk‘s retweet of a distinctly anti-semitic post about 48 hours ago. Musk’s promises Friday of new protections on X against hate speech has drawn some very rare praise from usual foil the Anti-Defamation League, but the moves seem to have done little to nothing to stop the growing corporate boycott.

Lionsgate Entertainment has suspended advertising on Elon Musk-owned X, a spokesperson for the company said on Friday. Apple is also pausing all advertising on X, Axios reported, after Musk backed an antisemitic post on the social media platform earlier this week.

Now rebranded as X, the site has experienced a surge in racist, antisemitic and other hateful speech. Under Musk’s watch, millions of people have been exposed to misinformation about climate change. Foreign governments and operatives — from Russia to China to Hamas — have spread divisive propaganda with little or no interference.

Musk’s volatile leadership of the social-media platform has pushed down its prices — which might give it an edge.

The European Union is sending letters to top social media platforms, urging clearer policies and content moderation around videos and images related to the Hamas attacks on Israel last weekend. Thierry Breton, EU commissioner for internal market, posted a letter Tuesday to Elon Musk, the owner of X, formerly known as Twitter, saying the EU has “indications that your platform is being used to disseminate illegal content and disinformation in the EU.” This has included “repurposed old images of unrelated armed conflicts or military footage that actually originated from video games,” the letter reads.

The agency said Musk was subpoenaed to testify last month about his purchases of Twitter’s stock last year, but he failed to appear.

Elon Musk said that X, formerly known as Twitter, is moving to a “small monthly payment system” because “it’s the only way I can think of to combat vast armies of bots.” In a discussion Monday with Israel’s prime minister Benjamin Netanyahu, Musk suggested that it would be a lower-tier pricing structure than its $8-per-month Twitter Blue, its premium subscription service.

Elon Musk, Sam Altman, Mark Zuckerberg, Sundar Pichai and others discussed artificial intelligence with lawmakers, as tech companies strive to influence potential regulations.

Facebook and YouTube are receding from their role as watchdogs against conspiracy theories ahead of the 2024 presidential election.

X’s failure to slow the spread of disinformation on the internet would have violated E.U. social media law, had it been in effect.