A federal judge has ruled that X, formerly known as Twitter, must face a lawsuit after staff accused the company of failing to pay bonuses promised to them. Elon Musk's X also failed to block California's content moderation law, which seeks to control toxic social media posts by requiring companies to disclose their moderation policies. Additionally, Fidelity has marked down the value of its shares in X Holdings, estimating the company to be worth 71% less than when Elon Musk bought it for $44 billion in 2022.
Elon Musk’s X now worth 71% less than when billionaire bought it as Twitter https://t.co/TBk4FdokXZ https://t.co/hHKDl4DQ1s
Fidelity has again marked down the value of its shares in X Holdings, which the mutual fund giant helped Elon Musk buy for $44 billion when the company was known as Twitter. https://t.co/wOANkom9Gt
Fidelity believes that Elon Musk's X is worth 71.5% less than at the time of purchase, according to a new disclosure. This includes a 10.7% cut during November, during which time Musk told boycotting X advertisers to "go f**k yourself." https://t.co/x92fTW0uER
Elon Musk's X gets another valuation cut from Fidelity Fidelity has again marked down the value of its shares in X Holdings, which the mutual fund giant helped Elon Musk buy for $44 billion when the company was known as Twitter. https://t.co/yklxltJNHI
In late May, Fidelity estimated X's valuation at $15 billion, nearly a third of the $44 billion Musk paid for the platform in October 2022. https://t.co/PhAXVMZzdK
Elon Musk's X, formerly Twitter, loses bid to block California content moderation law https://t.co/tZ448rSAVe https://t.co/bBhYA60S6F
Judge slaps down Elon Musk bid to stop X from revealing content moderation https://t.co/Rkm9MXRTYj https://t.co/tm8L0Ywnpx
Elon Musk's X Loses Its Attempt To Block California's Moderation Law https://t.co/KtClRbd7TQ
Federal judge rejects X’s claim that California’s content moderation law violates free speech https://t.co/yZJSDhwG4G https://t.co/pnZg1wMlix
Judge Denies Elon Musk's Legal Bid To Stop California Law Over Social Media Moderation https://t.co/rm5Zv2xzND
Elon Musk‘s X failed to block a California law that requires social media companies to disclose their content-moderation policies. Story: https://t.co/popEmQVm8P https://t.co/znHNNEJYyd
Elon Musk’s X can’t get around California’s content moderation law, judge rules https://t.co/YwzGpeZSMy
Elon Musk’s X fails to block California content moderation law https://t.co/dV6JRbRITS
Elon Musk's X fails to block California's content moderation law https://t.co/aFilQmfgT7 https://t.co/BdzFxm8Jq0
A US judge rejects X's bid to block California's AB 587, which seeks to control toxic social media posts by requiring companies to disclose moderation policies (Bloomberg) https://t.co/AYP9vwsZJ2 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/5N33D7gWv7
Elon Musk’s X lost its bid to block a California law that seeks to control toxic posts on social media by requiring companies to disclose their content moderation polices https://t.co/2uOB6C730M
A lawsuit that accuses Elon Musk's X of failing to pay employees promised bonuses will move forward. https://t.co/vqcHI5tAV3
A federal judge has ruled that @X, formerly known as Twitter, must face a lawsuit after staff accused the company of failing to pay bonuses promised to them. On Friday, the judge denied X's motion to dismiss the case. https://t.co/cSG2aOykoe https://t.co/JM8Jka6m6g
A federal judge has ruled that X, formerly Twitter, must face a lawsuit after staff accused the company of failing to pay bonuses promised to them. https://t.co/OkAQ4R9Pp0
X, formerly known as Twitter, must go to court, a federal judge ruled after Elon Musk’s company allegedly withheld bonuses from employees. https://t.co/eDzwhxrAUy
A federal judge has ruled that X, formerly Twitter, must face a lawsuit after staff accused the company of failing to pay bonuses promised to them. The judge on Friday denied X's motion to dismiss the case. https://t.co/Qfvvey2VxF https://t.co/Qfvvey2VxF