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- X reverses course in BrazilIt seems that Elon Musk-owned social network X (formerly Twitter) is backing down from a confrontation with Brazil’s Supreme Court. The New York Times reported on a new court filing in which the company’s lawyers said X had complied with the court’s orders — blocking designated accounts, paying fines, and naming a new formal representative… Read more: X reverses course in Brazil
- Elon Musk threatened with SEC sanctions for failing to appear in courtElon Musk, the CEO of X and various other companies with the letter “X” in their names, is in regulators’ crosshairs after skipping testimony this month in an investigation related to Musk’s takeover of Twitter. In a filing today, the U.S. Securities and Exchange Commission (SEC) said that it intended to seek sanctions against Musk… Read more: Elon Musk threatened with SEC sanctions for failing to appear in court
- Musk dodged Brazil’s X ban by ‘coincidence,’ says Cloudflare CEOX went back online in Brazil earlier this week, three weeks after Elon Musk’s platform was blocked under orders from Brazil’s Supreme Court. That prompted Brazil’s top court to fine X Corp. nearly $1 million for every day the platform remained accessible in the country. However, Cloudflare’s CEO Matthew Prince tells TechCrunch that X going… Read more: Musk dodged Brazil’s X ban by ‘coincidence,’ says Cloudflare CEO
- Cohost, the X rival founded with an anti-Big Tech manifesto, is running out of money and will shut downCohost, a would-be X rival launched to the public in June 2022, is shutting down, the company announced via the social network’s staff account earlier this week. The service had operated much like Twitter, offering users the ability to follow others, view posts in a feed, and like and repost content shared by others. However,… Read more: Cohost, the X rival founded with an anti-Big Tech manifesto, is running out of money and will shut down
- Bluesky grows to 9M+ usersBluesky keeps growing: The company announced that as of Friday morning, it had added 3 million new users, bringing its total user count to more than 9 million. In other words, the social platform’s user base has grown by around 50% in the week or so since a Brazilian court banned X (formerly Twitter). The… Read more: Bluesky grows to 9M+ users