Social media
Trump Media stock slides under $18, a new low since it began publicly trading
Jakub Porzycki | Nurphoto | Getty Images The share price of Trump Media, whose majority shareholder is former President Donald Trump, fell Tuesday to the lowest level seen since the company began public trading in March following a merger. DJT shares dropped to $17.89 per share around midday Tuesday, The stock’s prior low was set on Aug. 28, when it hit […]
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First France, now South Korea — Telegram’s legal troubles are only growing. Here’s why
Telegram logo displayed on a broken phone screen. Illustration photo taken in Krakow, Poland on August 27, 2024. Nurphoto | Nurphoto | Getty Images Following the recent arrest of its founder in France, Telegram is now facing potential legal troubles in South Korea. The country’s chief police investigator has announced a preliminary investigation into the […]
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Starlink in Brazil’s crosshairs as spat over Elon Musk’s X escalates
Jaap Arriens | Nurphoto | Getty Images Brazil’s telecommunications regulator threatened sanctions against Elon Musk’s satellite internet firm Starlink, as a public confrontation with the billionaire escalates over the country’s decision to block his social media company X. Last week, Brazil’s supreme court ordered a nationwide suspension of X for not appointing a legal representative […]
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X blocked in Brazil after supreme court panel upholds suspension order
Jaap Arriens | Nurphoto | Getty Images A panel of Brazil’s federal supreme court justices voted unanimously to uphold orders suspending the use of Elon Musk’s social network X nationwide. One justice, Luiz Fux, voted to uphold but expressed “reservations” about a measure of the order that allows the court to fine individuals or businesses […]
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Brazil’s top court orders nationwide suspension of Elon Musk’s X
Jaque Silva | SOPA Images | Lightrocket | Getty Images Brazil’s supreme court on Friday ordered a nationwide suspension of Elon Musk’s social network X after the company vowed to defy earlier court orders concerning content moderation and the appointment of a legal representative in Brazil. The court’s top judge, Alexandre de Moraes, has also […]
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Elon Musk’s X can proceed to trial in case against Media Matters after Texas judge denies dismissal request
The Twitter logo is displayed on a smartphone screen and on a computer screen in Athens, Greece, on April 20, 2024. Nurphoto | Nurphoto | Getty Images A federal judge in Texas has ruled against Media Matters and its request to dismiss a lawsuit filed by Elon Musk’s X. Because of U.S. District Judge Reed […]
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Musk ramps up attacks on Brazil’s top judge as X faces possible suspension, Starlink finances frozen
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters Tesla, SpaceX and X Corp. leader Elon Musk ramped up his online attacks on Brazilian Supreme […]
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Cord cutters prepare for political ad blitz as campaigns flood Roku, Hulu ahead of election
Vice President Kamala Harris, left, and former President Donald Trump Reuters Consumers who cut their cable cord in recent years are finding that there’s one thing about linear TV they can’t escape: political ads. With the U.S. presidential election less than 70 days away, campaigns are swarming streaming services like Roku and Hulu to such […]
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Brazil top court threatens to suspend X operations in latest twist of ongoing feud
Elon Musk attends a symposium on “Antisemitism Online” during the European Jewish Association conference in Krakow, on Jan. 22, 2024. Omar Marques | Getty Images A Brazilian Supreme Court justice on Wednesday threatened to shut down the local operations of X, formerly Twitter, unless its billionaire owner Elon Musk names a legal representative in Brazil within 24 […]
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Nvidia’s earnings report shows the problem of being priced for perfection
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California. Justin Sullivan | Getty Images Nvidia reported its fourth-straight quarter of triple-digit revenue growth on Wednesday, sailing past estimates on the top and bottom line while also issuing a […]
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