- 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.”
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- 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 X.com directs users to Twitter’s homepage, though Twitter.com also remains live.
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- 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.
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- 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.”
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- 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.
Read More at cnbc.com
