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REVEALED: 3 | Rare Historical Photos

Mark Zuckerberg's Meta And Elon Musk's X Fight Back Against Efforts By Italy To Tax Free Access To Social Media In Exchange For Users' Personal Data

U.S. tech giants Mark Zuckerberg-led Meta Platforms, Inc. (NASDAQ:META), Elon Musk's X, formerly Twitter and Microsoft Corporation's (NASDAQ:MSFT) LinkedIn are reportedly fighting back against a tax case in Italy that could reshape how digital services are taxed across the European Union.

Benzinga

Elon Musk’s X says French probe into algorithm is ‘politically motivated’

France alleges that X’s algorithm was being used for foreign interference.

Euronews

Elon Musk’s Grok chatbot melts down – and then wins a military contract

It was a week of lows and highs for the tech billionaire after the CEO of X resigned and its AI chatbot declared itself a super-Nazi – followed by scoring a contract of up to $200m

The Guardian - US

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Sundar Pichai Next? Trump's Next Big Tech Payday Could Be From YouTube After Settling Lawsuits With Meta And X: 'Productive Discussions' Underway

Donald Trump has turned his attention to Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) as settlement talks progress in his lawsuit against YouTube, a subsidiary of Google, following multimillion-dollar payouts from Meta Platforms, Inc. (NASDAQ:META) and X, formerly Twitter, over similar claims of political censorship.

Benzinga

Elon Musk's AI chatbot struggled to fact-check Israel-Iran war, report says

Grok, developed by Elon Musk's xAI, has provided incorrect and inconsistent answers in response to users' queries about the 12-day conflict between Israel and Iran, the Digital Forensic Research Lab says.

Euronews

Who Is Julie Inman Grant? eSafety Boss Who Thinks YouTube Should Be Banned, Plus What She Thinks Of Elon Musk

Grant is known for introducing strong policies related to social media in Australia; however, she has recently made headlines for her opinion on some of the biggest tech giants in Silicon Valley.

International Business Times UK

Musk's X Sues To Block New York Social Media Transparency Law

Elon Musk's X Corp. has filed a lawsuit challenging a New York state law that requires social media companies to report how they moderate hate speech and disinformation.

International Business Times

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'Agree With Us or You're a Fascist': Mark Cuban Blasts Woke Mob on Bluesky for Driving Users Back to X

Mark Cuban criticises Bluesky, claiming it's become 'ruder and more hateful' with a 'lack of diversity of thought' pushing users back to X.

International Business Times UK

Social media overtakes TV as main source of news in US, analysis finds

Global study shows 54% of Americans receive news from social media, while the UK has highest proportion of news avoiders at 46%

The Guardian - UK

The Global Auto Industry Is Drowning in Overcapacity

Today on Critical Materials: auto industry has a

InsideEVs

‘I Wake Up and Fight People’: Meta’s Mark Zuckerberg Does 2 Hours of Jiu Jitsu Every Morning To Cope With the Stress of Work

In a recent podcast appearance, Mark Zuckerberg revealed his unique, disciplined morning routine - which includes waking at 7 a.m. to practice jiu jitsu for two hours instead of relying on stimulants like coffee.

Barchart

Friday essay: Trump’s reign fits Curtis Yarvin’s blueprint of a CEO-led American monarchy. What is technological fascism?

The plan was simple. It started by retiring all government employees by offering them incentives to leave and never return. To avoid anarchy and keep authority, the police and military would be retained.

The Conversation

Major social media platforms fail to protect LGBTQ users, advocacy group GLAAD says

Major social media platforms such as TikTok, Instagram and X have failed to protect LGBTQ+ users from hate and harassment, in part, because they intentionally rolled back previous safety practices, the advocacy group GLAAD said Tuesday in its annual Social Media Safety Index

The Independent UK

The US government is coming for Google and Meta – but what will happen next?

Google suffered another defeat last week in its clash with the justice department, while Meta hasn’t been able to wriggle its way out of antitrust cases either

The Guardian - US

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Euronews

OpenAI could be launching a social media platform to compete with Elon Musk’s X - reports

The platform would be based on ChatGPT’s image-generation feature, which caused a trend in reproducing Studio Ghibli alikes, reports citing company insiders say.

Fortune

Elon Musk's X just revealed a dramatic revenue drop in U.K. after $44 billion takeover

X’s U.K. arm saw a 66.3% drop in revenue in the year following Musk’s takeover, falling from £205.3 million in 2022 to £69.1 million in 2023.

Tom’s Guide

OpenAI reportedly creating its own social network to take on X

OpenAI might be building its own social network — and yes, it could be powered by ChatGPT, according to reports.

The Independent UK

Elon Musk’s X launches crackdown on ‘parody’ accounts after he axed tools that stopped them

Impersonation accounts have been a long-running problem for site since it was bought

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International Business Times

EU to Reportedly Give Elon Musk's X $1B in Fines, Other Penalties for DSA Violations

Elon Musk's social media is set to face a massive $1 billion fine in the EU and other penalties for its alleged violations against the DSA.

The Independent UK

UK issues travel warnings over growing Turkey unrest after Erdogan brands protests ‘evil’

Turkey’s main opposition party calls for boycott of ‘pro-Erdogan’ media, brands, and stores

The Conversation

Digital imperialism: How US social media firms are using American law to challenge global tech regulation

Social media platforms tend not to be that bothered by national boundaries.

The Guardian - AU

Morning Mail: ex-defence chief questions US alliance, supermarket reform urged, protests in Israel

Chris Barrie says White House ‘vandals’ wrecking US alliance; thousands take to streets to call for ceasefire and hostage return

The Guardian - AU

Trump urged to target ‘coercive and discriminatory’ Australian media laws by Musk’s X, Apple, Google and Meta

The Computer and Communications Industry Association named Australia’s news media bargaining incentive in its submission

Fortune

Senate poised to advance landmark crypto bill, Warren warns of Elon Musk 'controlling' financial system

The Senate is expected to mark up a stablecoin bill on Thursday.

Salon

The legacy news media is shaking apart

Broadcast news anchors are leaving and critics like Joy Reid have been fired. Can the news as we know it survive?

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