Elon Musk’s political action committee, America PAC, has made a notable strategic shift in its advertising approach as it gears up to support former President Donald Trump in the upcoming elections. While Musk owns X (formerly Twitter), the PAC has opted to invest substantially more in traditional social media platforms such as Facebook and Instagram, […]
Musk Discusses XRP and Crypto's Potential at Pittsburgh Event
Elon Musk, the renowned CEO of Tesla and SpaceX, recently addressed a crowd during a town hall meeting in Pittsburgh, sharing insights about cryptocurrency’s role in preserving individual freedoms. Although he refrained from explicitly endorsing XRP, Musk emphasized how digital currencies like it can play a pivotal role in counteracting centralized control. His remarks resonated […]
X Exempt from Gatekeeper Obligations in EU's Digital Markets Act
Elon Musk’s platform, X, formerly known as Twitter, will not be classified as a ‘gatekeeper’ under the European Union’s Digital Markets Act (DMA). This significant decision is expected to be confirmed by the European Commission in the impending week. The DMA represents a groundbreaking regulatory framework aimed at ensuring fair competition among major digital players […]
X Returns to Brazil as Court Clears Path for Resumption
The social media giant X, formerly known as Twitter, has successfully reinstated its services in Brazil following a recent Supreme Court ruling that lifted a previous suspension. The resumption of operations came just a day after the court confirmed that X had complied with all necessary legal requirements to return to the Brazilian market. This […]
Elon Musk Prepares to Launch Tesla’s Cybercab
Elon Musk is on the brink of unveiling the much-anticipated Cybercab, Tesla’s entry into the robotaxi market, at a notable event scheduled at Warner Bros. Hollywood studio. This launch comes at a time when skepticism about the electric vehicle (EV) sector’s growth potential is rising, yet it has managed to rekindle excitement among Tesla investors. […]
DOGE Token Rallies as Musk Supports Government Efficiency
The cryptocurrency landscape has recently experienced a remarkable shift, with the Department of Government Efficiency (DOGE) token witnessing an astonishing surge in value—over 33,000% in September alone. As of the end of the month, it settled at approximately $0.02309. This unexpected rise follows playful comments made by Elon Musk during discussions with Donald Trump about […]
X Moves to Comply with Brazil’s Court Amid Misinformation Crackdown
In a notable shift, Elon Musk’s social media platform, X, has informed Brazil’s Supreme Court that it has adhered to orders aimed at combating the spread of misinformation. This decision follows an extended period of defiance against the Brazilian judiciary, which had previously characterized Musk’s stance as a challenge to censorship. The court had imposed […]
Brazil Lifts Freeze on Starlink and X Accounts After Fine Settlement
In a significant development in the ongoing saga between Brazil and tech billionaire Elon Musk, the Brazilian Supreme Court has lifted the freeze on the bank accounts of Starlink and X, formerly known as Twitter, following a fine payment that resolved a substantial legal dispute. This courtroom battle highlights the tension between global tech companies […]
Elon Musk’s X May Sidestep EU’s Big Tech Regulations
Elon Musk’s social media platform, X, could potentially avoid compliance with the European Union’s strict new regulations designed to monitor and limit the power of major technology companies. This possibility arises in the context of the Digital Markets Act (DMA), which establishes comprehensive rules for what is classified as a “gatekeeper” in the digital marketplace. […]
Musk Refutes Claims of Collaboration between xAI and Tesla on AI Technology
In a recent turn of events, Elon Musk, the CEO of Tesla and founder of xAI, has publicly denied reports that the two entities were in talks regarding a potential collaboration involving artificial intelligence technology. According to a report by The Wall Street Journal, discussions were allegedly held about Tesla licensing AI models from xAI […]