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Spain's deputy PM Yolanda Diaz withdraws from Elon Musk's X platform

Economic Times

Economic Times · 7m ago

Spain's deputy PM Yolanda Diaz withdraws from Elon Musk's X platform

Spain's deputy prime minister, Yolanda Diaz, announced her withdrawal from Elon Musk's social media platform X, criticizing its algorithm for promoting xenophobia and extremist views. This decision follows Musk's controversial gesture at an event related to President Donald Trump, which was compared online to a Nazi salute. Diaz, alongside her Sumar party ministers, will cease posting on X, echoing similar actions by German ministries and universities dissatisfied with the platform.

Related News

Elon Musk congratulates PM Modi on being most followed world leader on X

Economic Times

Economic Times · 1y ago

Elon Musk congratulates PM Modi on being most followed world leader on X

Tesla CEO Elon Musk congratulated Prime Minister Narendra Modi on becoming the most followed world leader on social media platform X, with 100.1 million followers. Modi himself expressed his gratitude and noted the importance of engaging with the vibrant platform. Musk's X Corp. (previously Twitter) owns the social media platform. Modi also holds a significant presence on YouTube and Instagram, with approximately 25 million subscribers and 91 million followers, respectively. Other influential world leaders on X include US President Joe Biden and Turkiye's Recep Tayyip Erdogan.

Walmart joins ranks of advertisers pulling away from X

Livemint

Livemint · 1y ago

Walmart joins ranks of advertisers pulling away from X

Walmart has joined the list of brands distancing themselves from Elon Musk's social media platform X (formerly Twitter) by halting advertising on the platform. The decision comes as other companies, including Walt Disney and Warner Bros. Discovery, have also stopped advertising efforts on X due to Musk's recent controversial actions. Ad industry experts predict more advertisers will leave the platform, potentially causing turmoil for X.

YouTube mega-star MrBeast had a cutting response to Elon Musk's request to post content on X

Business Insider

Business Insider · 1y ago

YouTube mega-star MrBeast had a cutting response to Elon Musk's request to post content on X

MrBeast, the popular YouTuber, responded sharply to Elon Musk's request to post his videos directly on X. MrBeast stated that his videos cost millions to make and even if they got a billion views on X, it wouldn't cover a fraction of the expenses. However, he expressed interest in testing the platform once monetization is more profitable. Musk's platform, X, recently launched an ads revenue-sharing program.

Elon Musk withdraws lawsuit against OpenAI

Economic Times

Economic Times · 1y ago

Elon Musk withdraws lawsuit against OpenAI

Billionaire entrepreneur Elon Musk has filed a motion to dismiss his lawsuit against OpenAI and its CEO, Sam Altman. The lawsuit alleged that OpenAI had deviated from its original mission of developing AI for the benefit of humanity and instead focused on profit. Musk's attorneys did not provide a reason for the dismissal. The lawsuit marked the culmination of Musk's ongoing opposition to OpenAI, which he co-founded but has since become a major player in AI with funding from Microsoft. Musk founded his own AI startup, xAI, in July 2020.

Australia fines Elon Musk's X platform $386,000 over anti-child abuse gaps

Economic Times

Economic Times · 1y ago

Australia fines Elon Musk's X platform $386,000 over anti-child abuse gaps

Elon Musk's social media platform X has been fined A$610,500 ($386,000) by an Australian regulator for failing to cooperate with a probe into anti-child abuse practices. The regulator claimed that X did not respond to questions about its response time to reports of child abuse material and its methods of detection. The fine comes as X sees a decline in revenue due to complaints about its content moderation and the reinstatement of banned accounts. X closed its Australian office after Elon Musk's buyout and has not yet responded to the fine.

X facing 2,200 arbitration cases from ex-Twitter employees

Startup News FYI

Startup News FYI · 2y ago

X facing 2,200 arbitration cases from ex-Twitter employees

Since Elon Musk's acquisition of X (formerly Twitter), the company has faced over 2,200 arbitration claims, as revealed in court documents. X, in the midst of transitioning from a social media platform to an "everything app," is dealing with legal challenges stemming from terminations and alleged breach of promised severance payments. Former employees initiated a lawsuit, accusing X of hindering arbitration by not covering initiation fees. The dispute centers around the $3.5 million arbitration fees, with X contending it's not obligated to pay. Legal battles continue amid Musk's vision of transforming X into a comprehensive app.

Elon Musk's X wants to stop showing headlines on news articles. Here's why

Livemint

Livemint · 2y ago

Elon Musk's X wants to stop showing headlines on news articles. Here's why

Elon Musk's social media platform X (formerly Twitter) plans to remove headlines from news articles to encourage more engaging posts. Musk also calls on journalists to publish directly on the platform for more income. The move aims to reduce the height of tweets and curb clickbait.

How Elon Musk, for many, went too far

Livemint

Livemint · 1y ago

How Elon Musk, for many, went too far

Elon Musk's recent tweets have sparked controversy and negative attention, hindering his pursuits and causing backlash from investors, advertisers, and the White House. Musk's inflammatory tweets included supporting an antisemitic post and criticizing the Anti-Defamation League. The article examines the events that led to Musk's outbursts and highlights his engagement with so-called citizen journalists on the platform X. Furthermore, it mentions how Musk's acquisition of Twitter and changes to content moderation have raised concerns about offensive content on the platform.

MrBeast uploads first video on X to test Elon Musk's ad-revenue scheme

Business Insider

Business Insider · 1y ago

MrBeast uploads first video on X to test Elon Musk's ad-revenue scheme

YouTube sensation MrBeast, also known as Jimmy Donaldson, has uploaded his first video on Elon Musk's X platform. In the post, he mentioned that he is testing Musk's ad-revenue-sharing system on X. MrBeast and Musk have a longstanding friendship and have previously interacted on social media. Musk had encouraged MrBeast to upload videos on X, which was met with a cutting response from the content creator. X's ad-revenue-sharing scheme was launched by Musk last year, giving creators a share of the revenue from ads in replies to their posts.

UK universities join retreat from Elon Musk's X, citing misinformation on platform

Economic Times

Economic Times · 7m ago

UK universities join retreat from Elon Musk's X, citing misinformation on platform

Several UK universities are retreating from Elon Musk's X platform due to concerns about misinformation fueling past racial riots. A Reuters survey found many institutions have significantly reduced or stopped using X, formerly known as Twitter, citing issues around misinformation and declining user engagement. Prominent universities like London Business School and several colleges at Cambridge and Oxford have curtailed their presence on X, while some have completely abandoned the platform, seeking engagement alternatives.

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