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SEC Grants Elon Musk Another Deadline Extension in Twitter Stake Disclosure Lawsuit

Breaking News, News

The U.S. Securities and Exchange Commission has once again extended Elon Musk’s deadline to respond to its civil lawsuit accusing him of delaying disclosure of his Twitter stake in 2022. In a joint filing Tuesday in federal court in Washington, D.C., both sides agreed...

X to Pay Trump $10 Million to Settle Lawsuit Over Account Suspension

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The social media platform X will pay President Trump $10 million to settle a lawsuit over the nearly two-year suspension of his account.   X, formerly known as Twitter, banned Trump in January 2021, citing “the risk of further incitement of violence.” In...

SEC Sues Elon Musk Over Alleged Securities Fraud in Twitter Acquisition

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The Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, alleging that he committed securities fraud in 2022 by failing to disclose his acquisition of an active stake in Twitter on time. The delay, the SEC claims, allowed Musk to purchase...

Supreme Court Rejects X’s Appeal Over Trump Twitter Data in Special Counsel Probe

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The Supreme Court on Monday declined to hear an appeal from Elon Musk’s social media company, X, concerning the government’s access to data from President Trump’s Twitter account. The case questioned whether prosecutors should have been allowed to obtain the data...

U.S. Lawmakers Introduce Bill to Block American Funding of Censorship Abroad

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Reps. Chris Smith (R-NJ), Jim Jordan (R-OH), and Maria Elvira Salazar (R-FL) introduced a bill Tuesday aimed at preventing American taxpayer dollars from supporting censorship efforts overseas, in response to the Brazilian Supreme Court’s recent actions against...
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