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Aug 05

Facing Lawsuit From Musk, CCDH Head Says He Won't Stop Exposing Twitter's Problems

  • Imran Ahmed told staffers at the Center for Countering Digital Hate to “double down” on probing X despite facing a lawsuit from the company.
  • “I’ve never, ever, ever walked away from a fight,” Ahmed told CNBC.
  • House Judiciary Committee Chairman Jim Jordan, R-Ohio, sent a letter this week to the CCDH and Ahmed as part of a broader “censorship investigation.”
Jul 24

Elon Musk Rebrands Twitter To 'X,' Replaces Iconic Bird Logo

  • Twitter owner Elon Musk officially changed the company’s famous bird logo to an “X” on Monday as part of a sweeping rebrand.
  • Musk, who acquired the platform for $44 billion late last year, wrote in a post Sunday that the company would soon “bid adieu to the twitter brand and, gradually, all the birds.”
  • As of Monday, the domain directs users to Twitter’s homepage, though also remains live.
Jul 16

Elon Musk Says Twitter Cash Flow Is Negative Due To Ad Revenue Declines, 'Heavy Debt'

  • Elon Musk said early Saturday that cash flow at the social media company remains negative after a nearly 50% drop in advertising revenue coupled with “heavy debt.”
  • The Tesla and SpaceX CEO took over Twitter last year in a $44 billion buyout that included about $13 billion in debt.
  • In recent days, Twitter began doling out a share of its ad revenue to select content creators on its platform.
Jul 15

Elon Musk Plans Tesla And Twitter Collaborations With xAI

  • Elon Musk said his new AI startup, xAI, will use Twitter data for training the “maximally curious” artificial intelligence systems and products he hopes to build there.
  • Other companies where Musk was a founder or serves as CEO, including Tesla, The Boring Co. and SpaceX, have done business together for years.
  • The Tesla CEO also said his new artificial intelligence will collaborate with the automaker both on the “silicon front” and on the “AI software front.”
Jul 14

Twitter Says FTC Probe 'Has Spiraled Out Of Control' And Asks To Terminate Privacy Settlement

  • Twitter asked a federal court on Thursday to end or modify a Federal Trade Commission order that governs its data practices.
  • The company said the investigation “has spiraled out of control and become tainted by bias.”
  • The 2011 agreement originally resolved charges that the platform failed to adequately safeguard its users’ information.