EU says it is probing corporate structure of Musk’s X months after xAI deal

EU says it is probing corporate structure of Musk’s X months after xAI deal

The European Union said on Thursday it was seeking more information from Elon Musk’s X about changes to its corporate structure, months after the social media platform was bought by xAI in a $33 billion deal. “We are following closely changes in the corporate structure of X, as we would changes in any other designated […]

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X faces outage in parts of the world: Here’s what’s happening

X faces outage in parts of the world: Here’s what’s happening

X, the popular social media platform owned by Elon Musk is inaccessible for many people in some parts of the world. The problem surfaced at around 1 A.M IST on Friday, May 23, with several users reporting on DownDetector that they were having trouble using the app and navigating the website. Downdetector also suggests that […]

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Reddit, X back up after outages impact US users, Downdetector shows

Reddit, X back up after outages impact US users, Downdetector shows

Social media platforms X and Reddit were back online after thousands of users in the U.S. experienced disruptions on Thursday, according to outage tracking website Downdetector.com. On its status page, Reddit confirmed degraded performance that affected the website at 3:16 p.m. ET. More than 33,000 incidents were reported at the peak of Reddit’s outage, Downdetector […]

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X to report first annual ad revenue growth since Musk’s takeover, data shows

X to report first annual ad revenue growth since Musk’s takeover, data shows

Elon Musk-owned social media platform X is poised for the company’s first year of advertising revenue growth since its acquisition by the billionaire in 2022, data from research firm Emarketer showed on Wednesday. Brands are returning to X at a time when Musk’s influence has grown in the Trump administration, with the Tesla CEO’s key […]

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