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Texas Attorney General Ken Paxton announced on Thursday he is opening an investigation into the World Federation of Advertisers (WFA) to determine whether the trade group’s members conspired to boycott “certain social media platforms.” While the press release doesn’t name social media platforms by name, one of them is likely Elon Musk’s X, which filed…
Bluesky, a social network that’s experiencing a surge in users this week as users abandon X, says it has “no intention” of using user content to train generative AI tools. The social network made the announcement on the same day that X (formerly Twitter) is implementing its new terms of service that allow the platform…
Ahead of the polls closing on Tuesday, most of the major AI chatbots wouldn’t answer questions about U.S. presidential election results. But Grok, the chatbot built into X (formerly Twitter), was willing to respond — and often with mistakes. When asked by TechCrunch on Tuesday evening on the East Coast who won the U.S. presidential…
Elon Musk’s X is now valued at less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity. The asset manager, which helped Musk acquire the social network formerly known as Twitter, has further reduced the value of its holding in X to a total markdown of 78.7%…
Elon Musk, the CEO of X and various other companies with the letter “X” in their names, is in regulators’ crosshairs after skipping testimony this month in an investigation related to Musk’s takeover of Twitter. In a filing today, the U.S. Securities and Exchange Commission (SEC) said that it intended to seek sanctions against Musk…
X went back online in Brazil earlier this week, three weeks after Elon Musk’s platform was blocked under orders from Brazil’s Supreme Court. That prompted Brazil’s top court to fine X Corp. nearly $1 million for every day the platform remained accessible in the country. However, Cloudflare’s CEO Matthew Prince tells TechCrunch that X going…
Another day, another moment where JD Vance just cannot own up to f**king up. The latest controversy surrounding Donald Trump’s VP pick began on Thursday when he posted a video on X (Twitter) of the 2007 Miss Teen USA pageant when South Carolina’s Caitlin Upton stumbled through an answer to a question about why she…
Nicki Minaj’s controversial husband is in hot water on social media. On Friday night, Kenneth Petty appeared alongside the 41-year-old rapper in a TikTok Live — and spewed out a homophobic slur at one point. After Nicki told her fans on the platform not to “let anybody or anything steal your mother f**king joy,” he…
OpenAI could reportedly increase its valuation to $100 billion. Nvidia and Apple are apparently in talks to contribute to the company’s next fundraising round, and Thrive Capital would lead the deal should it happen, according to The New York Times. OpenAI’s annualized revenue reportedly eclipsed $3.4 billion early this year, but it’s said to be…
A top court in Brazil ordered an immediate, country-wide suspension of the X platform on Friday after a months-long legal battle with Elon Musk’s social media company over content moderation, according to Bloomberg. The court added that anyone using VPN to access the X platform would be subject to daily fines of 50,000 reais…