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CNN — Elon Musk on Friday evening announced he has sold his social media company, X, to xAI, his artificial intelligence company. xAI will pay $45 billion for X, slightly more than Musk paid for it in 2022, but the new deal includes $12 billion of debt. Musk wrote on his X account that the …
The post Elon Musk says he sold X to his AI company appeared first on Egypt Independent.
New York CNN — When X unveiled its newest terms of service, which go into effect on November 15, users quickly picked up on one change. “By submitting, posting or displaying Content on or through the Services, you grant us a worldwide, non-exclusive, royalty-free license to make your Content available to the rest of the …
The post X changed its terms of service to let its AI train on everyone’s posts. Now users are up in arms appeared first on Egypt Independent.
New York CNN — The social media platform formerly known as Twitter is worth almost 80 percent less than two years ago when Elon Musk bought it, according to estimates from investment giant Fidelity. X no longer trades publicly after Musk shelled out $44 billion to take it private in October 2022. However, Fidelity discloses …
The post Elon Musk’s X is worth nearly 80 percent less than when he bought it, Fidelity estimates appeared first on Egypt Independent.
CNN — After a blackout of more than three weeks, X appears ready to comply with court orders in Brazil to restore access to its 21 million users in the country and end a protracted fight between billionaire CEO Elon Musk and the country’s highest court. Lawyers for X informed Brazil’s Supreme Court on Friday …
The post Elon Musk bows to pressure from Brazil’s top court in a bid to reinstate X appeared first on Egypt Independent.
On September 6, 2024, Brazilian President Luiz Inácio Lula da Silva delivered a televised statement ahead of the country’s Independence
In a dramatic turn of events, Elon Musk’s satellite internet service provider, Starlink, has reversed its previous stance and decided
Elon Musk’s ongoing conflict with Brazil’s Supreme Court has intensified, leading to a suspension of X, the social media platform
Comedian Bassem Youssef quits X over ‘safety issues’ after Gaza posts Youssef said he might return to the platform if
New York CNN — Nearly two years after Elon Musk bought Twitter and turned it into X, the billionaire is leveraging its power as a source of real-time news for millions of users to try to sway the outcome of the 2024 presidential election in favor of former President Donald Trump. Musk has already asserted his …
The post How Elon Musk has turned X into a pro-Trump machine appeared first on Egypt Independent.
London CNN — European regulators have charged Elon Musk’s X with breaching its sweeping Digital Services Act, accusing the platform of misleading its users among other violations. “Today we issue, for the first time, preliminary findings under the Digital Services Act,” Margrethe Vestager, a senior official at the European Commission, said in a statement Friday. “In …
The post EU accuses Elon Musk’s X of misleading users appeared first on Egypt Independent.
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