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On Monday, Meta Platforms, Inc.'s (NASDAQ:META) CEO Mark Zuckerberg said that Instagram's Threads has reached a milestone of 100 million daily active users. What Happened: Taking to Threads, Zuckerberg said that Meta's Twitter rival now boasts 300 million monthly active users, an increase from 275...

Social media platform Threads, which is a part of Meta Platforms (NASDAQ:META) is rolling out new search tools as it looks to compete with X and fast-growing competitor Bluesky. What Happened: Threads, which like Bluesky, has been trending and gaining new subscribers as people look for alternatives...

Former energy company Enron holds its place in history as one of the largest accounting scandals in U.S. history. A social media account claiming to be the energy company is teasing a comeback on the 23rd anniversary of the company's bankruptcy. What Happened: Anyone around the financial markets...

Fidelity is raising its valuation for X Holdings, the company formerly known as Twitter, after months of marking its small stake down since Elon Musk bought the social media company. What Happened: Fidelity holds a small stake in X Holdings through its Fidelity Blue Chip Growth Fund (FBGRX). Its...

Dogecoin (CRYPTO: DOGE) experienced a 5% surge following a tweet by Elon Musk on X. This has sparked fresh speculations about the imminent payments service on Musk’s social app. What Happened: Musk’s Friday post, which featured a screenshot of podcaster Joe Rogan’s X profile,...

A federal judge dismissed the U.S. Securities and Exchange Commission's (SEC) request to penalize Elon Musk for skipping a court-ordered deposition in its investigation into his $44 billion acquisition of Twitter, now known as X. What Happened: On Friday, Judge Jacqueline Scott Corley of the U.S....

Alternative online video platform Rumble Inc. (NASDAQ:RUM) CEO Chris Pavlovski is considering adding Bitcoin (CRYPTO: BTC) to the company's balance sheet. Here's what investors need to know.  The Details: On Tuesday, Pavlovski asked, "Should Rumble add Bitcoin to its balance sheet?" in a post on...

Nick Pickles, who previously led global affairs at Elon Musk‘s social media platform X, has taken a new role with Sam Altman, a known rival of Musk. Pickles will serve as chief policy officer for Altman’s “Tools for Humanity,” which is developing...

The social media landscape saw major shakeups following Elon Musk‘s acquisition of Twitter in 2022. Meta Platforms Inc‘s (NASDAQ:META) Threads and former Twitter entity Bluesky quickly positioned itself as rivals to Musk’s controversial platform. Two years on, where does the...

Elon Musk has expressed gratitude as major brands, including IBM (NYSE:IBM), Walt Disney Co. (NYSE:DIS), Comcast (NASDAQ:CMCSA), and Warner Bros. Discovery (NASDAQ:WBD), resumed advertising on X, formerly Twitter. What Happened: On Friday, Musk took to X and expressed his appreciation to...

Several prominent French media organizations, including those owned by billionaire Bernard Arnault, have filed a lawsuit against Elon Musk’s social media platform X for allegedly using their content without compensation. What Happened: The media groups, which include Arnault’s Les Echos...

Donald Trump won the 2024 presidential election and will likely receive increased attention from the media and investors around the world after Election Day. Here's a look at how Trump's win led to more followers on social media and why it's important. What Happened: Donald Trump's 2024 election...

Editors Note: This story has been updated to include a response from a Rocket Lab USA spokesperson and to correct the spelling of the company’s name in the headline. The social media account of Peter Beck, CEO of Rocket Lab USA Inc. (NASDAQ:RKLB), was hacked, leading to a...

Dogecoin (CRYPTO: DOGE) is soaring to new monthly highs, with Donald Trump winning the 2024 presidential election and Elon Musk likely playing a role in the president-elect's return to the White House. A Benzinga poll asks readers to pick which Musk-linked company could have the biggest impact on...

Former President Donald Trump defeated Vice President Kamala Harris in the 2024 presidential election, winning a return to the White House and helping boost a media stock associated with him along the way. Here's a look at Trump's growing wealth in recent months. What Happened: Trump's victory in...