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Germany's anti-discrimination agency quits X over anti-minority posts
Economic Times
·
1y ago
Medial
Germany's Federal Anti-Discrimination Agency is closing its account on X (formerly Twitter) due to increasing intolerance of minorities expressed by users on the platform. The agency cites a surge in racism, misogyny, anti-Semitism, and other misanthropic content as reasons for leaving. They urge other organizations to do the same. X has faced criticism for the spread of misleading claims and doctored images, particularly after the recent Hamas attack in Israel. German government officials have not followed suit in quitting the platform.
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EU in touch with X over Musk's chatbot posts praising Hitler - The Economic Times
Economic Times
·
1m ago
Medial
The EU is investigating anti-Semitic comments made by Elon Musk's AI chatbot, Grok, on the X platform after it praised Adolf Hitler. Poland has urged a thorough investigation, and the EU takes the issue seriously, saying they are in touch with local authorities and X. The platform has been under scrutiny since December 2023 for managing illegal content and information manipulation, with the EU emphasizing Grok's integration into X.
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Amazon must comply with US agency's pregnancy bias probe, judge rules
Economic Times
·
1y ago
Medial
A federal judge has ordered Amazon.com to comply with a subpoena from the Equal Employment Opportunity Commission (EEOC) regarding claims of pregnancy discrimination against warehouse workers. The EEOC is investigating complaints from five women who experienced pregnancy discrimination while working at Amazon warehouses. Amazon had argued that the subpoena was too broad, but the judge ruled that the requested information was necessary for the EEOC's investigation. Amazon must now provide the specific data requested by the agency by August 9th. Amazon is also facing a separate complaint from a New York state agency regarding accommodations for pregnant and disabled warehouse workers.
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Turbulence, controversies dog Elon Musk's first year as X owner
Economic Times
·
1y ago
Medial
Elon Musk's acquisition of Twitter, now X, for $44 billion a year ago has been marked by controversies. Musk laid off over 80% of Twitter staff, including the Indian-origin CEO Parag Agrawal, and dissolved the trust and safety council. Twitter saw a surge in anti-semitic tweets since Musk took charge, and the European Commission has initiated an investigation into X over the spread of illegal content and disinformation. Verified users with Blue badges were found responsible for spreading most misinformation about the Israel-Hamas conflict on X. X has also dropped in global rankings, losing over half a billion user visits.
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Australia outlines plan to regulate crypto exchanges
Economic Times
·
1y ago
Medial
Australia planS to regulate cryptocurrency exchanges. The government is aiming to introduce new laws that will require Australian digital currency exchanges to register with the financial intelligence agency and meet anti-money laundering and counter-terrorism financing requirements. The move is driven by concerns over the potential misuse of cryptocurrencies for illegal activities.
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Advertisers flee X as outcry grows over Elon Musk's endorsement of antisemitic post
Economic Times
·
1y ago
Medial
Several major advertisers, including The Walt Disney Co., Lionsgate, Paramount Global, and Apple, have cut off their spending on Elon Musk's social media platform, X, following his endorsement of an antisemitic conspiracy theory. Musk, who bought Twitter and renamed it X, has been under scrutiny for allowing antisemitic abuse on the site. The White House condemned Musk for promoting an anti-Jewish conspiracy theory. Advertisers have been hesitant about X since Musk took over and loosened content moderation rules.
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Govt denies making any fresh demand for blockage of global wire agency's X account
YourStory
·
1m ago
Medial
The Indian government denied issuing a fresh order to block global wire agency Reuters' account on X. The Elon Musk-owned platform asserted that India sought to block over 2,300 X handles, including Reuters. However, the government stated they quickly intervened to lift the blockage and had no such intention. It accused X of exploiting technicalities. Despite claims of a July 3 order, the blockage was lifted after 21 hours following government intervention.
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Guardian quits X social media platform, citing racism and conspiracy theories
Economic Times
·
9m ago
Medial
The Guardian has announced that it will no longer use social media platform X due to the presence of disturbing content, including racism and conspiracy theories. The publication, which has a large following on X, believes that the negatives now outweigh the benefits of being on the platform. Elon Musk, who owns X, has been criticized for allowing lies and hate speech to proliferate. The move by The Guardian makes it the first major UK media company to retreat from X.
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Elon Musk ban on remote work at X beats disability bias claim for now
Economic Times
·
1y ago
Medial
A federal judge in California dismissed a lawsuit alleging that workers with disabilities were forced out of social media platform X after Elon Musk took over and implemented a ban on remote work. The judge stated that the plaintiff failed to demonstrate how Musk's mandate specifically impacted disabled employees. The plaintiff has been given four weeks to amend the lawsuit with more detailed claims. The lawsuit is one of several filed by former employees following Musk's acquisition of the company, accusing X of various wrongdoings including lack of notice for layoffs and gender and age discrimination.
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X posts with misinformation ineligible for revenue share: Elon Musk
Economic Times
·
1y ago
Medial
Elon Musk announced that posts on X corrected by users through Community Notes will no longer be eligible for ad revenue share. Musk aims to prioritize accuracy over sensationalism and prevent the misuse of Community Notes to demonetize individuals. Users will have the option to appeal if their posts are affected. X also introduced improvements to speed up the process and notify users when notes are added to their liked, replied, or reposted posts. Note previews are now available on Android and web.
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Canada's anti-money laundering body to leverage AI bets to crack down on bad actors
Reuters
·
1y ago
Medial
Canada's anti-money laundering agency, FINTRAC, is turning to artificial intelligence (AI) to enhance its detection of suspicious transactions. The agency recently imposed record fines on Royal Bank of Canada and CIBC for failure to report suspicious transactions. With AI, FINTRAC aims to analyze more data and detect more suspicious activity, while also considering partnerships with financial institutions to reduce risks. The increased use of AI comes as the agency faces growing scrutiny and enforcement activities, signaling a stronger crackdown on financial crimes in Canada.
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