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First Mover Americas: Musk's X Obtains Payment Licenses in Several U.S. States

X, the Elon Musk-owned social media platform formerly known as Twitter, has obtained payments licenses from several U.S. states, indicating plans to support payment processing and cryptocurrency services.

coindesk.com
Relevant topic timeline:
The main topic is that the Agence France-Presse (AFP) news agency is suing Elon Musk-owned X (formerly Twitter) for copyright infringement in France. AFP claims that X has refused to discuss remuneration for sharing its news content. AFP is seeking an urgent injunction to obtain the necessary information to calculate the money owed to them under France's neighboring rights legislation. The extension of copyright law covers excerpts of news content shared on digital platforms, including text, photographs, videos, and infographics. Google has previously faced legal action and a fine for failing to negotiate payments with news publishers. X's case may not trigger intervention from the competition authority as it does not hold a dominant position in search or social media.
Main topic: X (formerly known as Twitter) throttling traffic to websites disliked by Elon Musk. Key points: 1. X slowed down access to websites including The New York Times, Instagram, Facebook, Bluesky, Threads, Reuters, and Substack. 2. These websites have been publicly attacked by Musk in the past. 3. The delays potentially affected the traffic and ad revenue of these companies. Hint on Elon Musk: Musk has previously blocked links to competitors, called the New York Times "propaganda," and took away their verification check mark. He has also feuded with Mark Zuckerberg and threatened a cage fight.
Main topic: Elon Musk-owned social network X (formerly Twitter) has made TweetDeck a subscriber-only product. Key points: 1. TweetDeck, previously a free tool, is now only accessible to subscribers of X Pro. 2. This move affects social media managers, journalists, and power users who relied on TweetDeck for tracking lists and trends on Twitter/X. 3. Under Musk's ownership, X has introduced various subscription offerings, including verification marks, longer text and video posts, fewer ads, encryption in DMs, and ad revenue sharing. Hint on Elon Musk: Elon Musk is the owner of social network X (formerly Twitter) and has implemented changes such as making TweetDeck a subscriber-only product and introducing various subscription offerings.
Main topic: Tumblr's new web browser look and its attempt to attract new users. Key points: 1. Tumblr has rolled out a new navigation interface that resembles Twitter (formerly known as X) to make it easier for users to understand and explore the platform. 2. The changes were made based on user feedback during the testing phase and include tweaks to settings, messaging windows, and the Account section. 3. Tumblr saw an increase in new users after Elon Musk took over Twitter, and it may be trying to attract more users by making its platform look more like Twitter. Hint on Elon Musk: Elon Musk took over Twitter (formerly known as X), which led to an increase in new users on Tumblr.
Main topic: The lack of free or affordable alternatives to TweetDeck. Key points: 1. Elon Musk-owned X (formerly Twitter) has made XPro (formerly TweetDeck) a subscriber-only product. 2. Hootsuite is the closest alternative, but it starts at $99 per month and may have unnecessary features. 3. Mastodon and other social networks offer alternatives with multi-column views and news outlets, but they may require some configuration or paid apps. More hint on Elon Musk: The passage does not provide any additional information about Elon Musk.
Tech entrepreneur Elon Musk has once again endorsed the meme cryptocurrency Dogecoin, leading to a surge in its value and fueling excitement surrounding the transformation of Twitter into "X," Musk's multifaceted service integrating social media, messaging, and financial transactions.
Elon Musk believes that X, formerly Twitter, could eventually reach a market cap of $1 trillion, expressing optimism about its future valuation.
A recent study conducted by the Observatory on Social Media at Indiana University revealed that X (formerly known as Twitter) has a bot problem, with approximately 1,140 AI-powered accounts that generate fake content and steal selfies to create fake personas, promoting suspicious websites, spreading harmful content, and even attempting to steal from existing crypto wallets. These accounts interact with human-run accounts and distort online conversations, making it increasingly difficult to detect their activity and emphasizing the need for countermeasures and regulation.
Elon Musk's company, X (formerly Twitter), has introduced a new feature for verified organizations to post job listings on the platform, allowing them to reach millions of candidates and connect them to the organization's website for applications.
Elon Musk's social network, formerly known as Twitter and now called X, is facing 2,200 arbitration cases filed by ex-employees after Musk took over the company, leading to potential filing fees of $3.5 million, as revealed in a recent court filing. The cases are part of a lawsuit in a Delaware district court brought by a former senior staff network engineer, Chris Woodfield, who alleges that X failed to pay his severance and delayed the dispute resolution process by not paying the necessary fees.
Former pharmaceutical executive and convicted securities fraudster Martin Shkreli claims he has been lobbying Elon Musk through mutual friends to regain access to his original X (formerly Twitter) account, alleging that Musk's actions contradict his stance on free speech; Shkreli believes Musk may be jealous of him and his machismo.
Twitter/X owner Elon Musk is planning to launch video and audio calls on the social media platform, which will be available on all major platforms and will not require a phone number.
Elon Musk's social media platform X, formerly known as Twitter, is updating its privacy policy to collect users' biometric and personal data, raising concerns about privacy and the potential for misuse of information.
X's updated privacy policy reveals that it will collect biometric data, job and education history, and use publicly available information to train its machine learning and AI models, potentially for Elon Musk's other company, xAI, which aims to use public tweets for training its AI models.
Elon Musk became repulsed by the Twitter logo and its presence in the company's offices, ultimately leading him to acquire Twitter and rebrand it as X.com with plans to transform it into an all-encompassing app for financial and social matters.
Elon Musk, owner of the social media platform X (formerly Twitter), announced that he will sue the Anti-Defamation League (ADL) for defamation after they demanded the banning of social media accounts, accusing them of being the biggest generators of anti-Semitism on the platform.
Elon Musk borrowed $1 billion from SpaceX to fund his acquisition of Twitter, which was also financed by bank loans backed by Tesla stock, and he has previously borrowed $500 million from SpaceX between 2018 and 2020.
Elon Musk's Subscriptions feature on X (formerly Twitter) is not gaining significant traction, with Musk having only 40,000 subscribers out of his 155 million followers, suggesting that it is not a successful tool in the creator economy.
Twitter, now called X, is suing California over a state law that requires social media companies to disclose their content policies, claiming it violates free speech and pressure them to remove objectionable content.
Elon Musk's takeover of Twitter led to multiple business decisions that violated the company's internal policies and likely ran afoul of a government order on data security and privacy, according to depositions from former employees published by the Justice Department in a court filing.
The US government is seeking Elon Musk's testimony in an investigation into X (formerly known as Twitter), citing concerns about the company's ability to comply with the law and protect user privacy.
Apple CEO Tim Cook is considering whether to continue advertising on the platform X, formerly known as Twitter, due to accusations of antisemitism against its owner Elon Musk, with Cook stating that there is no place for such promotion.
Elon Musk is considering turning the social network, formerly known as Twitter, into a subscription-based platform in order to eliminate bots and address financial issues.
Elon Musk suggests that Twitter may no longer be free and is considering implementing a small monthly payment to combat bots on the platform.
Elon Musk suggests that users of X (formerly Twitter) may have to pay for access to the platform in order to counter bots, with a small monthly payment being considered as a defense against fake accounts.