Business & Economy | World | SEC's claims that Elon Musk's late filing allowed him to buy Twitter shares at reduced prices, leading to an alleged underpayment of $150 million.

Elon Musk hit with SEC lawsuit for delayed Twitter stock disclosure in 2022

Elon Musk, the CEO of SpaceX and Tesla has reached a net worth of $486 billion at the age of 53, surpassing Jeff Bezos and Mark Zuckerberg combined, according to the Bloomberg Billionaires Index.

Elon Musk surpasses the net worth of Bezos and Zuckerberg combined

United Kingdom MPs will summon SpaceX founder Elon Musk before a parliamentary inquiry for involvement in the UK riots and the rise of false and harmful AI content, the Guardian reported.

Elon Musk to be summoned by UK MPs over X's role in UK riots

India's Finance Minister Nirmala Sitharaman responded to a request from a social media user who requested to ensure relief to the middle class. The request was made by the user while replying to the minister's online post.

FM Nirmala Sitharaman reacts to user on X seeking relief for middle class, says 'input is valuable'

German football club St. Pauli has announced it will leave X (formerly Twitter), accusing Elon Musk of turning the platform into a "hate machine." The club expressed concerns over the rise in harmful content and the impact on online discourse under Musk’s ownership.

German Football Club St. Pauli Quits X, Criticize Elon Musk

Tesla CEO Elon Musk and Indian-origin biotech entrepreneur Vivek Ramaswamy announced that they are hiring for their new United States Department of Government Efficiency (DOGE).

Elon Musk and Vivek Ramaswamy’s DOGE seeks ‘super-high IQ’ candidates

Bluesky, the social media platform believed to be X’s competitor, has recently gained popularity after Donald Trump’s win in the United States presidential election.

Bluesky reports outages as millions, including Hollywood elites join platform after leaving Musk’s X

Spanish newspaper La Vanguardia on Thursday announced it would cease publishing its reports on Elon Musk's social media platform X, which it said had become a "disinformation network".

After UK’s Guardian, Spain’s Vanguardia daily to stop posting on ‘disinformation network’ X

The Guardian, a major British newspaper, on Wednesday (Nov 13) said that it has decided to stop posting on the social media platform X, calling it a “toxic media platform.

The Guardian says it won’t post on ‘toxic media platform’ X; Elon Musk hits back, calls it ‘irrelevant’

Tesla CEO Elon Musk on Monday (Nov 4) warned that if Democratic presidential nominee Kamala Harris comes to power she will shut down social media platform X by all means.

Elon Musk claims Harris will shut down X if she becomes next US president

Elon Musk, one of the biggest backers of Republican presidential candidate Donald Trump, will spend Election Night (Nov 5) with the former United States president, according to a New York Times report.

US Election 2024: Elon Musk to spend election evening with Trump in Palm Beach

Republican candidate Donald Trump has won the United States presidential election, securing enough electoral college votes to be named the 47th President. His victory in Wisconsin played a key role, along with wins across several other critical swing states, such as Pennsylvania, Georgia, North Carolina, Texas, Florida, Indiana, and Kentucky.

Verified X accounts promised wild cash rewards to followers if Trump won the presidency

Elon Musk's social media platform, X, is facing criticism over its crowd-sourced fact-checking feature, Community Notes. The fact-checker is reportedly underperforming and is "failing to counter false" information related to the upcoming US elections.

US Election 2024: Elon Musk's X failing in tackling false claims, election misinformation, says report

Iran Supreme Leader Ayatollah Ali Khamenei recently opened a Hebrew language account on social media platform X which was suspended after only two posts, as reported by the Jerusalem Post.

X suspends Iran Supreme Leader Khamenei's Hebrew account after two posts, says...

A shocking video of an altercation outside Kamala Harris’ rally has gone viral, where a woman was seen screaming at a young girl. The video was captured at the Houston Metro station outside Shell Energy Stadium in Houston, where popstar Beyonce endorsed the vice president on Friday.

Netizens react to Harris supporter screaming at little girl at Houston rally: Watch

India's IT Ministry has criticized Elon musk's X platform after more than 100 bomb threats were issued to Airlines in recent days. Many of these fake bomb threats were circulated through social media platforms. Watch to know more.

India Slams Social Media Platform X As Bomb Hoaxes Disrupt Over 120 Flights

In the wake of more than a hundred hoax flight bomb threats, Indian government officials held a virtual meeting with the representatives of social media platforms such as X and Meta and airlines to discuss the issue.

'X abetting crime': Indian govt blasts social media platforms over hoax flight bomb threats

Elon Musk's X has been cleared by the Brazil Supreme Court to resume operations in the country. This clearance comes after the social media platform reversed course and began complying with court orders that billionaire owner Musk had previously vowed to oppose.

Musk bows to Brazil’s Supreme Court! X set to return after months-long showdown over hate speech

Brazil's Supreme Court ordered reinstating X after Elon Musk agreed to its conditions, including deleting some user accounts and appointing a local legal representative for the platform.

X allowed to resume in Brazil after Musk complies with judge’s conditions

Brazil’s Supreme Court has given social media platform X the green light to resume operations in the country, following compliance with court rulings that owner Elon Musk had previously resisted.

Brazil Lifts Ban on X, Allowing Social Media Platform To Resume Operations

Brazil has lifted its ban on the social media platform X (formerly Twitter) after the company complied with legal requirements and paid a fine of $5 million. The ban was imposed due to the platform's failure to comply with Brazilian regulations, particularly concerning the spread of misinformation and harmful content. Following intense negotiations, X agreed to address the legal concerns, including implementing stronger content moderation policies and complying with local laws on data protection and online conduct. The payment of the fine and these adjustments enabled the platform to resume operations in Brazil.

Brazil Lifts X Ban After Meeting Legal Terms, Payment Of $5 Million Fine

After displaying massive support for Republican US presidential candidate Donald Trump at the Pennsylvania rally and stealing the limelight with the iconic jump, billionaire Elon Musk uploaded a new display picture on X in which he was seen wearing a “Make America Great Again” cap with the American flag in the backdrop.

Elon Musk gets new display picture on X with black 'MAGA hat' after 'iconic' jump at Trump's PA rally

Elon Musk-owned social media platform X has filed a fresh request to resume services in Brazil after paying some pending fines that had been imposed by the country's Supreme Court, a document seen by Reuters on Friday showed.

Elon Musk's X seeks resumption in Brazil after paying pending fines

Justice Alexandre de Moraes of the Brazilian Supreme Court on Friday added new conditions to have Elon Musk's X service reinstated in the country, one day after the social media platform announced it had complied with all the requirements from the judge, such as appointing a legal representative.

Brazilian judge issues new orders to lift X's suspension

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