Technology Twitter is now called X

[Ink]

Breaking News! /s

Everyone knew that Twitter wasn’t worth $44 billion when Elon Musk bought it a year ago. Now, we know what Musk himself thinks it’s worth today: $19 billion.

On Monday, employees at X were awarded equity in the company at a valuation of $19 billion, or $45 per share, according to internal documents seen by The Verge. That price is a 55 percent discount to Musk’s original purchase price, per the documents, which note that “the fair market value per share is determined by the Board of Directors based on a number of factors in a manner that complies with applicable tax rules.” (Musk is X’s chair and has yet to create a formal board.)

Story via X is officially worth less than half of what Elon Musk paid for it

 

[CyberTech]

X, the social media platform formally known as Twitter, is the biggest source of fake news and disinformation, officials in the European Union warned on Tuesday. They urged owner Elon Musk to make greater efforts to combat its spread.

Though X may have been seen as the worst offender, it was hardly singled out. The EU also called upon Google, TikTok, Microsoft and Meta to do more to tackle disinformation—much of it coming from Russia—ahead of upcoming elections on the continent.

X Is The Biggest Source Of Fake News And Disinformation, EU Warns

The EU also called upon Google, TikTok, Microsoft and Meta to do more to tackle disinformation—much of it coming from Russia—ahead of upcoming elections on the continent.

www.forbes.com

 

[oldschool]

X, the social media platform formally known as Twitter, is the biggest source of fake news and disinformation, ...

This is very old news.

 

[Dark Knight]

It's not only X (Twitter) , all Social Media platforms spread fake news and disinformation like a virus, haven't used any of them in over a decade. I no longer have blood pressure issues

 

[ZeroDay]

They're just attacking it because Musk has reinstated the accounts of people who Twitter banned in my opinion,