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The Latest Breaking News from Elon Musk X

Fidelity boosts valuations of its stakes in Elon Musk's X and xAI startup, report says

October saw a 32.37% jump in X's valuation, marking the biggest monthly increase since Fidelity helped Musk buy Twitter for $44 billion in 2022, Axios said.

Fortune

Elon Musk's X Objects To Sale Of Infowars Accounts To The Onion, Claims Ownership Over Alex Jones's Social Media

Elon Musk's X has objected to the bankruptcy sale of Alex Jones's Infowars accounts to The Onion, citing terms of service that prevent the transfer of social media accounts without its approval.

Benzinga

X trying to block transfer of platform’s InfoWars accounts to the Onion

Social network says it must give permission for accounts to be sold or transferred after sale of rightwing InfoWars

The Guardian - UK

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Elon Musk's X Refuses To Allow The Onion To Take Over Alex Jones' Social Media Accounts

Elon Musk's X Corporation is blocking the transfer of Alex Jones' Infowars social media accounts to The Onion, asserting platform ownership in a move that could redefine digital account rights.

International Business Times

Hyundai Made a '69' Joke. Nice?

Remember when Elon Musk wanted Tesla to have a "SEXY" lineup? His original plan was for the Model 3 to be called Model E, but Ford already had the rights to that name. So in 2016, Musk said during a shareholder meeting that the Blue Oval was "killing sex" by…

Motor1

Australia should delay social media ban until age-check trial finishes, Google and Meta say

Coalition-backed bill is ‘inconsistent and ineffective’ and should not go ahead until after trial is completed next year, Meta says

The Guardian - AU

Tesla Stock Falls As Analyst Says 'Animal Spirits' Spur Post-Election Rally, Not Fundamentals

UBS analysts said the recent Tesla stock run reflects "animal spirits" vs. fundamentals. CEO Elon Musk said FSD v13 will be "coming soon." Tesla China is offering a new Model Y discount.

Investors Business Daily

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MPs to summon Elon Musk to testify about X’s role in UK summer riots

Commons inquiry into rise of harmful content on social media also expected to call Meta and TikTok executives

The Guardian - UK

‘Trump’s network’: Fox News is riding high after election night blowout

With one of its hosts to lead the US military, the Trump-boosting news channel is looking forward to the next four years

The Guardian - US

What is Bluesky and why are so many people suddenly leaving X for the platform?

Users turn to the heavily moderated network after warnings about misinformation on Elon Musk’s X

The Guardian - UK

X’s new terms of service allowing AI to use your data come into force - can you opt out?

There may still be time to prevent X’s Grok AI chatbot from gobbling up your tweets and photos

Evening Standard

Is 'Bluesky' The New Twitter? Platform Gains 1.25M Followers During X's Mass Exodus After US Elections

Bluesky, the social media platform challenging Elon Musk's X, has swiftly gained over 1.25 million new users following last week's US presidential election.

International Business Times UK

News publisher flees Elon Musk’s X over ‘disturbing content’ after election

The publication criticises the ‘toxic’ and says it will focus its efforts elsewhere

The Independent UK

Australia to bring in 'world first' social media ban for under-16s

‘Social media is doing harm to our kids and I'm calling time on it,’ said Prime Minister Anthony Albanese

Evening Standard

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Latin Times

Elon Musk's Lawyer Said Winners of The $1 Million Giveaway Are Not Chosen Randomly; Legal Experts Say That's Illegal

Musk's contest, intended to support Trump, draws allegations of fraud as winners are reportedly chosen based on political effectiveness rather than randomly.

The Independent UK

You may have blocked someone on X but now they can see your public posts anyway

Elon Musk’s X has been modified so that accounts you’ve blocked on the social media platform can still see your public posts

The Independent UK

Trump loses $1.3bn in net worth after his social media stock tanks

Stock sees downturn after quadrupling in value, pushed on by Wall Street bets that Trump will win Tuesday’s election

Top News

Trump's Truth Social Surpasses Musk's X In Value

Trump's Truth Social surpasses X in market value, valued at B. Musk's backing adds dimension to Trump's political aspirations.

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The Guardian - AU

US presidential election updates: Kamala Harris delivers closing address while Trump and Biden talk ‘garbage’

With a week to go until polls open on 5 November, Harris makes her case to the country while the White House goes into damage control after Biden’s gaffe

The Independent UK

Trump’s Truth Social is now worth more than Elon Musk’s X after recent surge in stock price

Value of shares in former president’s media company now valued at over $10bn surpassing estimated value of X Holdings, owned by Elon Musk

Fortune

Trump’s Truth Social is worth almost as much as Elon Musk’s X as Trump Media jumps another 20%

TMTG is now worth about $8.3 billion, not far from the estimated value of Musk's far larger X despite revenue equivalent to the sales of four Starbucks stores.

Capital & Main

How Trump Doubled Down on Hate Speech, Won Back the Far Right — and Bounced Back in the Polls

The former president’s attempts to shift toward the political center this summer angered extremist supporters. To win them back, Trump renewed his attacks on immigrants. It worked.

Latin Times

Blade Runner 2049' Producer Joins Growing List of Filmmakers Accusing Elon Musk of Ripping Off Their Futuristic Designs

Alcon Entertainment has filed a lawsuit against Elon Musk for allegedly using copyrighted imagery from "Blade Runner 2049" at a Tesla event.

The Independent UK

‘That’s a good thing for democracy’: Is gambling making politics fun?

Is election betting good fun, civic engagement, or a threat to democracy itself? asks Josh Marcus

PC Gamer

The AI opt-out models Meta, Musk's X, and the UK gov are proposing are simply not a good enough way for us to protect ourselves from data scraping

It's a grim future that has opt-out options a-go-go.

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