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Hold up, there’s a new Twitter in the town

You read that right. There is a new social network called “Twitter.now” on the block, and it’s being operated by a startup called Operation Bluebird, whose founding team includes former Twitter trademark counsel Stephen Coates. As ArsTechnica reported, X sued the company last year and asked a Delaware judge to issue an injunction to stop […]

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X Money can cut off your account over what you post

X Money went live on Monday. Buried in its support pages is a rule that no ordinary bank applies to a current account. “If your X account is suspended for violating Child Safety or Violent and Hateful Entities policies, you will lose Money access,” the company FAQ states. Any remaining balance “will be mailed to […]

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Judge approves Musk’s $1.5m SEC Twitter settlement despite ‘red flags’

A federal judge has approved the Securities and Exchange Commission’s settlement with Elon Musk over his late disclosure of a Twitter stake, closing a case that has run for years. US District Judge Sparkle L. Sooknanan entered the consent judgment on Wednesday in Washington, DC, despite what she described as significant misgivings about the deal. […]

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Judge upholds the verdict that Musk defrauded Twitter investors

A federal judge has refused to overturn a jury’s finding that Elon Musk defrauded Twitter investors during his $44bn takeover of the platform in 2022. US District Judge Charles Breyer denied Musk’s motion to set aside the verdict in most respects on Monday. A San Francisco jury ruled in March that two of Musk’s May 2022 tweets about the […]

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