U.S. securities regulators sued Elon Musk in federal court in Washington on Tuesday in an enforcement action arising from his $44 billion purchase of Twitter, now called X. The lawsuit against Mr. Musk, who has become a close adviser to President-elect Donald J. Trump, is likely to be one of the more contentious final acts…
Meta plans to lay off up to 5 percent of its employees based on performance ratings, according to an internal memo to workers on Tuesday viewed by The New York Times. “I’ve decided to raise the bar on performance management and move out low-performers faster,” Mark Zuckerberg, chief executive of Meta, said in the memo….
The monthslong fight by legislators to ban the social media app TikTok in the United States came to a head on Friday when the Supreme Court heard arguments to decide the app’s fate for its 170 million American users. While the justices across the ideological spectrum asked tough questions of both sides, the overall tone…
For years, Mark Zuckerberg tried to keep his social networks above the fray of partisan politics. And why not? Meta’s flagship apps — Facebook, Instagram and WhatsApp — were rowdy nation-states unto themselves, with billions of users, fragile internal politics, skittish advertisers, perpetually aggrieved influencers and a sprawling, uneven enforcement regime (known as “content moderation”)…
In December, Sam Altman, OpenAI’s chief executive, donated $1 million to President-elect Donald J. Trump’s inaugural fund, joining a number of other tech executives who are working to improve their relationships with Mr. Trump. Now, he and his company are laying out their vision for the development of artificial intelligence in the United States, hoping…
When Laura Loomer, a far-right activist, regained control of her Twitter account in late 2022, she knew whom to praise for her reinstatement. “Thank you, Elon!” she wrote to Elon Musk, who had recently bought the social network. In another post, Ms. Loomer, who had been booted from the platform in 2018 for writing an…