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Elon Musk, the owner of social media platform X, formerly Twitter, said the site is considering suing the Anti-Defamation League (ADL) over accusations of anti-Semitism, which he blames for falling revenue. Musk late Monday accused the US-based Jewish organization of making unfounded complaints against him and X that have scared away advertisers. “To clear our platform's name on the matter of anti-Semitism, it looks like we have no choice but to file a defamation lawsuit against the Anti-Defamation League… oh the irony!” Musk wrote on X on Monday. “Based on what we've heard from advertisers,…

The social media platform X, formerly known as Twitter, will send users' personal information to an Israeli-based company for verification, sparking concerns about privacy and security. The Twitter Blue subscription process will require users to submit government-approved photo ID and a selfie to X, which will then pass it to AU10TIX, based in Israel, for verification. AU10TIX describes itself as a “world leader” in identity verification and management, and provides identity intelligence to airports and border control authorities. used “for the purpose of safety and sec…

Twitter's owner Elon Musk and its new CEO said on Sunday that the social media network would ditch its bird logo, be rebranded with the name X and move quickly into payments, banking and commerce. Founded in 2006, Twitter takes its name from the sound of birds chattering, and it has used avian branding since its early days, when the company bought a stock symbol of a light blue bird for $15, according to the design website Creative Bloq. white X on a black background – late on Sunday night, Twitter chief executive Linda Yaccarino said: “X is her…

Twitter owner Elon Musk said on Saturday that the social media platform he bought for $44 billion last October has lost roughly half of its advertising revenue. “We're still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load ,” the billionaire said in a post, responding to a user who was giving suggestions on financing for the platform. “Need to reach positive cash flow before we have the luxury of anything else,” he added, without further elaboration. Insider Intelligence has reported that Twitter was set to earn less than $3 billion in 2023, down one-third from 2…

A Taliban leader has endorsed Elon Musk's Twitter, highlighting the platform's “important advantages” over Mark Zuckerberg's Threads app. Anas Haqqani, a former member of the Taliban's negotiating team, claimed Twitter was more committed to free speech than its new social media rival Threads, which is part of the Beta network. Musk and Zuckerberg have engaged in a war of words since the launch of Threads last week, much of it personal including challenges of a cage fight. Musk has accused Zuckerberg of hiring fired Twitter workers to create a “ copycat” of the platform, which he paid $44 billio…

Twitter threatened to sue Meta just hours after the Instagram parent company launched Threads, an app it hopes will beat out the struggling site owned by Elon Musk. In a letter to Meta CEO Mark Zuckerberg, published by online news outlet Semafor on Thursday, Musk lawyer Alex Spiro accused the company of “unlawful misappropriation of Twitter's trade secrets and other intellectual property.” The letter accused Meta of hiring dozens of former Twitter employees who “had and continue to have access to Twitter's trade secrets and other highly confidential information.” Threads is the biggest challenge…

Meta's Mark Zuckerberg is set to deliver a blow to Elon Musk on Wednesday night, as the tech billionaires' rivalry goes live with the launch of Instagram's much-anticipated Threads platform, a clone of Twitter. Analysts said investors were salivating over the possibility that Threads ' ties to Instagram might give it a built-in user base and advertising apparatus, which could siphon ad dollars from Twitter as its new CEO tries to revive the microblogging company's struggling business. While Threads is launching as a standalone app, screenshots posted on Apple's App Store showed that users would…