X

March 29, 2025 2:00 PM

Musk’s xAI buys Musk’s X social media platform for $33 billion

Elon Musk's xAI artificial intelligence firm has acquired Musk's X, the social media outfit formerly known as Twitter for $33 billion, marking the latest twist in the billionaire's rapid consolidation of power. The all-stock deal announced on Friday combines two of Musk's multiple portfolio companies, which also include automaker Tesla and SpaceX, and potentially eases Musk's ability to train his AI model known as Grok. Musk announced the transaction in a post on X, saying: "The combination va...

March 27, 2025 1:36 PM

Italy seeks payment from Meta, X and LinkedIn in landmark tax case

Italy has handed tax demands to Meta, X and LinkedIn in the last formal step in an unprecedented VAT claim against the U.S. tech giants that could have repercussions across the European Union, four sources with direct knowledge of the matter said on Wednesday. While it has been reported that Facebook and Instagram parent company Meta and Elon Musk's social network X were under investigation for alleged tax fraud, it had not been disclosed that Microsoft's LinkedIn unit was also caught up in Ita...

January 20, 2025 6:14 PM

Facebook, X, YouTube to do more against online hate speech, EU says

Meta's Facebook, Elon Musk's X, Google's YouTube and other tech companies have agreed to do more to tackle online hate speech under an updated code of conduct that will now be integrated into EU tech rules, the European Commission said on Monday. Other signatories to the voluntary code set up in May 2016 are Dailymotion, Instagram, Jeuxvideo.com, LinkedIn, Microsoft hosted consumer services, Snapchat, Rakuten Viber, TikTok and Twitch. "In Europe there is no place for illegal hate, either offli...

August 13, 2024 12:28 PM

Trump-Musk livestream on X hit by massive DDoS attack

A highly anticipated livestream conversation between former US President Donald Trump and X owner Elon Musk was severely disrupted by a massive Distributed Denial of Service (DDoS) attack on Monday night. The incident forced Musk to scale down the live audience and delay the interview. "Worst case, we will proceed with a smaller number of live listeners and post the conversation later," Musk said in a post on X, formerly known as Twitter. Users attempting to access the livestream encountered n...

June 13, 2024 10:11 AM

‘Likes’ no longer public on X to protect users’ privacy

X users will be now be able to unhesitatingly like posts on the social media platform without anyone else getting to know about it. X made the 'likes' private starting Wednesday (US local time). "Your Likes are now private. We are making Likes private for everyone to better protect your privacy. Liking more posts will make your "For you" feed better," one can see a popup once they log into their accounts. Users will still be able to see posts they have liked (but others cannot), the engineeri...