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Today, X released the company’s first transparency report since Elon Musk bought the company, formerly Twitter, in 2022, WIRED reported. Before Musk’s takeover, Twitter would release transparency reports every six months. These largely cover the same grounds the new X report, giving specific numbers for takedowns, government requests for information, and content removals, as well as data about which content
The Department of Justice has filed an antitrust lawsuit against Visa, alleging that the financial services firm has an illegal monopoly over debit network markets and has attempted to unlawfully crush competitors, including fintech companies like PayPal and Square. The lawsuit, which was first rumored by Bloomberg, follows a multiyear investigation of Visa, which the company disclosed in 2021, The
The U.S. Commerce Department on Monday proposed banning Chinese software and hardware for vehicles with a built-in internet connection, a move that would in effect ban Chinese vehicles from the US market, Financial Times reported. The rule follows concerns from the Biden administration about Chinese companies collecting data on American drivers and infrastructure as well as the potential for foreign
The Brazilian Supreme Court on Saturday asked Elon Musk-owned social platform X to present documents validating its new legal representation in the country, as the firm’s lawyers now say it will comply with court demands to be allowed to resume operations in Brazil, Reuters reported. X was shut down in Brazil in late August after it did not comply with
Elon Musk suddenly appears to be giving up, The New York Times reported. After defying court orders in Brazil for three weeks, Mr. Musk’s social network, X, has capitulated. In a court filing on Friday night, the company’s lawyers said that X had complied with orders from Brazil’s Supreme Court in the hopes that the court would lift a block
The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear for court-ordered testimony for the regulator’s probe into his $44 billion takeover of Twitter, Reuters reported. In a filing in San Francisco court, the SEC said the sanctions motion would seek an order to show cause for why
The Federal Trade Commission posted a Press Release titled: FTC Staff Report Finds Large Social Media and Video Streaming Companies Have Engaged In Vast Surveillance of Users with Lax Privacy Controls and Inadequate Safeguards for Kids and Teens. A new Federal Trade Commission staff report that examines the data collection and use practices of major social media and video streaming