X

Two prominent political figures have joined decentralized social media platform Bluesky, moves that coincided with helping to promote the Wisconsin Supreme Court election that has been of interest to Elon Musk. What Happened: Presidential candidate Hillary Clinton and former President Barack Obama...

Major brands are making a cautious return to advertising on Elon Musk‘s social media platform X. What Happened: According to multiple marketing executives, companies are feeling the pressure to spend nominal amounts on advertising on X. This move comes in the wake of Musk’s influential...

Editor’s Note: This story has been updated to reflect the accurate combined valuation of X and xAI. Elon Musk’s artificial intelligence startup xAI has acquired his social media company X, formerly Twitter, in an all-stock deal valued at $33 billion. What Happened: On Friday, Musk...

Billionaire Elon Musk paid $44 billion to acquire social media platform Twitter, which he later rebranded to X. The valuation of the platform has declined sharply since the 2022 purchase with Fidelity marking the value down by 72% as of December. A new report shows a secondary deal for the company...

On Thursday, Elon Musk’s X, formerly Twitter, was fined 8.1 million reais ($1.42 million) by Brazil’s Supreme Court for not complying with judicial orders. What Happened: The fine was imposed by Supreme Court Justice Alexandre de Moraes after X failed to remove a profile accused of...

Man Pleads Guilty To Hacking SEC Social Media Account The U.S. Department of Justice on Monday announced that Eric Council pleaded guilty to conspiracy to commit aggravated identity theft in a federal court in Washington, D.C.. Council is accused of hacking the SEC's X account and posting a fake...

 Jack Dorsey, co-founder of Twitter, now known as X, has shed light on the accelerated growth of Bluesky, attributing it to a mass exodus of users from X. What Happened: In a recent podcast, Dorsey voiced his belief that users are “running away from X, rather than running to...

Technology giant Apple Inc (NASDAQ:AAPL) has returned to running advertisements on social media platform X, a move that comes 15 months after the company paused spending on the platform. What Happened: Apple was one of several companies that paused or halted spending on X after Elon Musk, owner of...

Palantir Technologies, Inc. (NASDAQ:PLTR) announced on Thursday that it has added xAI's large language model Grok to its AIP platform.  The Details: Grok, developed by Elon Musk's AI start-up xAI, is now available in Palantir's AIP in addition to other LLMs including Meta's Llama, Gemini, GPT-...

Banks have successfully sold $5.5 billion in loans tied to X Corp., the social media platform owned by Elon Musk, amid surging investor demand. What Happened: The sale, which was initially planned at $3 billion, was expanded due to heightened interest, with investors including Pimco and Citadel...

Elon Musk‘s X has expanded its antitrust lawsuit, incorporating more prominent advertisers into the list of defendants. The lawsuit charges these advertisers with a collective conspiracy to boycott advertising on the platform after Musk’s takeover. What Happened: X has now included...

As Visa Inc. (NYSE:V) reported better-than-expected first-quarter earnings after market close on Thursday, CEO Ryan McInerney highlighted how the company plans to bolster its partnership with Elon Musk‘s newly launched X Money. What Happened: X platform (formerly Twitter) users will soon...

Elon Musk's past comments may have scared away advertisers from his X social media platform, which he bought for $44 billion in 2022. A new report says two of the largest companies in the world could provide a boost to X's advertising revenue. What Happened: Musk's push for free speech and changes...

A new Benzinga reader poll shows a mixed opinion on whether users are headed for the exits of social media platforms in the months since the 2024 presidential election. While many users are staying on social media platforms, here's a look at which companies could be most impacted. What Happened: A...

Veteran investor Ross Gerber revealed on Sunday that his X account was hacked by “sophisticated” cryptocurrency scammers to promote a coin linked to automotive giant Tesla. What Happened: Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, thanked the X team...