EU and US turn up the heat on Elon Musk over Twitter
Synopsis by Reuters Nov 30 22
The European Union has threatened Elon Musk's Twitter with a ban unless the billionaire abides by its strict rules on content moderation ...Read full article 
Reuters: EU warns Musk that Twitter faces ban over content moderation -FT
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| Last Updated | Dec 01 22 |
| Total Articles | 7 |
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EU Threatens Twitter Ban Unless Musk Ramps Up Moderation Tactics, Report Says: Musk's moves to allow hate speech and misinformation on Twitter appear to violate ...
forbes.com/sites/nicholasreimann/2022/11/30/eu-threatens-twitter-ban-unless-musk-ramps-up-moderation-tactics-report-says/
EU and US turn up the heat on Elon Musk over Twitter: EU commissioner warns billionaire he must adhere to the rules as Janet Yellen indicates Washington could ...
ft.com/content/a07ca1ae-9f9a-46ee-9457-27bb30e18ed2
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EU Threatens Twitter Ban Unless Musk Ramps Up Moderation Tactics, Report Says: Musk's moves to allow hate speech and misinformation on Twitter appear to violate ...
forbes.com/sites/nicholasreimann/2022/11/30/eu-threatens-twitter-ban-unless-musk-ramps-up-moderation-tactics-report-says/
EU and US turn up the heat on Elon Musk over Twitter: EU commissioner warns billionaire he must adhere to the rules as Janet Yellen indicates Washington could ...
ft.com/content/a07ca1ae-9f9a-46ee-9457-27bb30e18ed2
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Elon Musk is feuding with Brazil’s powerful Supreme Court: The court has become the de facto regulator of social media in the country
economist.com/the-americas/2024/04/14/elon-musk-is-feuding-with-brazils-powerful-supreme-court
Paid articlePaidQuick Glance: Elon Musk's Clash with Brazil's Supreme Court
- Serial entrepreneur Elon Musk has been publicly criticizing Alexandre de Moraes, one of Brazil's Supreme Court judges, for the past week.
- The dispute revolves around X, a social media company owned by Mr. Musk, which announced on April 6th that a Brazilian court had ordered it to block a set of 'popular' accounts or face hefty fines.
- Mr. Moraes then initiated an inquiry against Mr. Musk for obstruction of justice, leading Mr. Musk to claim that censorship in Brazil is worse than in any other country where the platform operates.
- The row highlights the power of Brazil's Supreme Court and the debate on regulating social media without harming freedom of speech, which is a crucial battleground in Brazil.
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’: Billionaire says ‘there is nothing I hate more’ than cutting staff as more than ...
theguardian.com/technology/2024/apr/15/tesla-cut-jobs-elon-musk-staff
Tesla Recalls All Cybertrucks Over Accelerator Pedal Defect: Elon Musk's new favorite toy is going as well as everything else he's touched lately.
gizmodo.com/tesla-recalls-all-cybertrucks-over-accelerator-pedal-de-1851421654
Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
Elon Musk and Javier Milei share their love of free markets in first meeting: Tesla boss shows Argentine president Texas factory where they talked about lithium ...
ft.com/content/604e66e3-597c-49e8-bac5-5d51a7a35abd
Quick Glance: Elon Musk and Javier Milei Discuss Free Markets and Investment Opportunities
- Elon Musk and Argentine president Javier Milei met for the first time at Tesla's Texas factory.
- They discussed market liberation, eliminating bureaucratic obstacles, and investment opportunities.
- Milei unexpectedly won an election focused on spending cuts and inflation reduction.
- Both shared similar views on free markets and expressed support for Israel in conflicts.
Oxford shuts down institute run by Elon Musk-backed philosopher: Nick Bostrom’s Future of Humanity Institute closed this week in what Swedish-born philosopher ...
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Tesla: job cuts at e-car company - Welcome to reality, Elon Musk!: Tesla is facing a huge wave of redundancies. This is bad news for the employees ...
wiwo.de/unternehmen/auto/stellenabbau-bei-tesla-musks-abschied-von-wolkenkuckucksheim/29757498.html
Elon Musk threatens to disobey court order over banned profiles: Brazil threatens to regulate social media owned by "billionaires domiciled abroad."
ft.com/content/26e54895-a37d-4ab1-baad-701d5ddcf150
Quick Glance: Elon Musk and the Support of Far-Right in Brazil
- A court in Brazil is planning an investigation against X owner Elon Musk for alleged obstruction of justice, following Musk's reactivation of accounts belonging to far-right individuals that were flagged by the Brazilian government for removal.
- Under Musk's leadership, X has transformed into a sanctuary for the far right and dissemination of misinformation, resulting in an escalation of hate speech on the platform.
- Experts caution that Musk is establishing a dangerous precedent by protecting and promoting the far right on his platform, regardless of local regulations or public opinion.
- Despite Musk's claims of advocating for free speech, the implementation of these principles on the platform has been inconsistent under his direction, especially concerning government requests to deactivate accounts.
So much for free speech on X; Musk confirms new users must soon pay to post: The fee, likely $1, is aimed at stopping “relentless” bots, Musk said.
arstechnica.com/tech-policy/2024/04/so-much-for-free-speech-on-x-musk-confirms-new-users-must-soon-pay-to-post/
Quick Glance: Musk Plans Fee for New X Users
- Elon Musk intends to charge new users of X in the initial months to curb the activity of automated bot accounts.
- The fee is set to be waived after three months to allow free posting.
- Tests in New Zealand and the Philippines raised skepticism about the effectiveness of the fee as a countermeasure against bots.
- Declining revenues at X post-rebranding and Twitter acquisition, along with a negative brand perception by companies, are impacting the service's business.
Tesla Cuts Prices by $2,000 as Sales Slow, Inventories Swell: Tesla Inc. cut the price of its best selling Model Y, the Model X and the Model S by $2 ...
bloomberg.com/news/articles/2024-04-20/tesla-cuts-prices-by-2-000-as-sales-slow-inventories-swell
Paid articlePaidQuick Glance: Tesla Reduces Prices by $2,000 in US, Model Y at Lowest Price Yet
- Tesla has lowered the prices of the Model Y, Model S, and Model X by $2,000 each in the US. Model 3 prices remain the same, as well as the prices of the newly released Cybertruck.
- Following disappointing quarterly delivery results, inventory levels have risen significantly. In response, Tesla has re-implemented temporary discounts on the Model Y after warning buyers of an upcoming price increase.
- All trims of the Model Y, along with the Model S and Model X, have been reduced in price. This results in the Model Y RWD starting at $42,990, the Model Y Long Range at $47,990, and the Model Y Performance at $51,490.
- Tesla's more expensive Model S and X vehicles also reflect lower prices. The Model S Long Range now begins at $72,990, and the Model X Long Range starts at $77,990.
Quality problems and sales decline: The disenchantment of Elon Musk and Tesla: Elon Musk is currently toppling his own monument. He is cutting at least 14 ...
kleinezeitung.at/wirtschaft/18379748/die-entzauberung-von-elon-musk-und-tesla
Why Tesla wants to give Elon Musk $55 billion pay package: Tesla says Elon Musk's pay package is a "matter of fundamental fairness and respect to our CEO."
businessinsider.com/why-tesla-wants-give-elon-musk-billion-pay-package-2024-4
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
Controversial activities in the West Bank: EU apparently imposes sanctions against Israeli settlers for the first time
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Tesla just asked shareholders to approve Elon Musk's nixed $56 billion pay plan again
qz.com/tesla-elon-musk-investors-approve-compensation-pay-plan-1851415316
Quick Glance: Tesla Cybertruck: Pedal Safety Issues
- The Tesla Cybertruck has faced criticism for various issues, but now a serious safety concern with the accelerator pedal has led to the temporary halt of deliveries.
- A video and reports show that the pedal cover can come loose and jam, causing unintended acceleration even when the foot is not on the pedal.
- Deliveries have been halted, appointments rescheduled and canceled as Tesla investigates acceleration issues. A regulatory investigation looms over the company, potentially requiring a recall of all trucks.
- Some drivers have attempted to manually remove the pedal cover, indicating a potentially serious safety issue that cannot be resolved through software.
Official: EU users can swerve App Store and download iOS apps from the web: Anticompetitive remedies? We've heard of them
theregister.com/2024/04/17/apple_eu_ios_web_downloads/
Quick Glance: Apple removes WhatsApp and Threads in China
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- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
EU tells Meta it can't paywall privacy: Platforms should not confront users with 'binary choice' over personal data use
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Quick Glance: EU instructs Meta against paywalling privacy
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- In an EDPB opinion published yesterday, the discussion revolves around the validity of processing personal data for behavioral advertising in the context of 'consent or pay' models introduced by Meta.
- According to the EDPB, it is generally not compliant with legal requirements for valid consent when users are only given the option to consent to the processing of personal data for advertising purposes or pay a fee.
- Meta is expected to maintain collaboration with the Irish Data Protection Commission, the primary regulatory authority in the EU. The opinion is projected to have no impact on Meta's services.
Musk Postpones India Visit, Citing Heavy Tesla Obligations: Elon Musk postponed a visit to India which would have included a meeting with Prime Minister Narendra ...
bloomberg.com/news/articles/2024-04-20/elon-musk-postpones-india-visit-to-later-in-the-year
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Tesla's Elon Musk postpones India trip, sources say: Tesla chief Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra ...
reuters.com/world/india/teslas-elon-musk-postpones-india-trip-sources-say-2024-04-20/
Quick Glance: Elon Musk Postpones India Trip, Sources Say
- Tesla's CEO Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, according to three people familiar with the matter.
- Musk was expected to announce an investment of $2 billion to $3 billion, mainly to build a factory in India, following the government's policy of lowering high tariffs on imported cars if companies invest locally.
- His planned Sunday arrival was set to follow two days after the start of India's national elections, where Modi is projected to secure a rare third term.
- Reasons for the trip postponement were not immediately disclosed, and neither Tesla nor Modi's office responded promptly to requests for comments.
UK Rejects EU Youth Mobility Scheme to Ease Travel for Young Adults: The UK government rejected the European Union’s proposal to negotiate a post-Brexit deal for ...
bloomberg.com/news/articles/2024-04-19/uk-rejects-eu-proposal-to-ease-travel-for-young-adults
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Tesla shares tumble below $150 per share, giving up all gains made over the past year
apnews.com/article/tesla-stock-elon-musk-electric-vehicles-a58609b126ba5f5b7655f6049ecb27f1
Quick Glance: Tesla Shares Plummet Below $150, Erasing Year's Gains
- Tesla's stock tumbled below $150 per share, erasing all gains made in the past year, reflecting falling sales and deep discounts to attract buyers.
- Shares of Tesla have fallen by 12.4% this week and over 39% this year, accompanied by a global staff reduction of 10% amounting to around 14,000 jobs.
- Tesla's stock hit an all-time high in November 2021 but sales plummeted last quarter due to increased competition and failed price cuts to bolster demand.
- Anticipated lower first-quarter earnings for Tesla raise concerns about potential catalysts to reverse the stock decline amidst uncertainties surrounding the release of a new affordable electric vehicle and strategic shifts within the company.
Tesla seeks to award Elon Musk $56bn pay package: The deal, if approved by shareholders and judges, would be the largest in corporate America.
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Musk’s India Trip to See Breakthroughs for Starlink, Tesla: Days after Tesla Inc.’s largest-ever round of layoffs and hours before its quarterly earnings ...
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Mark Zuckerberg has passed Elon Musk as the world's third-richest person as Tesla stock hits new lows
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Tesla's Layoffs Won't Solve Its Growing Pains: The car company popularized EVs. Now, facing intense competition from China, it has to figure out what to do next.
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EU to tighten Iran sanctions after Israel attack: The expanded penalties target companies involved in the production of drones and missiles.
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TikTok questioned by EU over Lite app that ‘pays’ users for watching videos: European Commission has concerns about app’s impact on children, as well as ...
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Quick Glance: ByteDance Given 24 Hours to Provide DSA Risk Assessment for TikTok Lite
- The EU demands TikTok owner ByteDance to submit a risk assessment for TikTok Lite within 24 hours to address compliance questions related to the Digital Services Act.
- EU's concerns focus on the launch of TikTok Lite, especially on a reward-linked engagement feature that could have a negative impact on young people's mental health.
- The EU has requested TikTok to provide more information on the risk assessment of the new program and the measures to mitigate systemic risks.
- The company has until April 26 to provide additional information before the EU decides on potential further steps, such as a formal investigation.
EU Leaders to Urge ‘Paradigm Shift’ to Reverse European Decline: The European Union’s waning clout versus major geopolitical rivals is sounding alarm bells in ...
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Tesla's Musk postpones India trip, aims to visit later this year : Musk was also expected to disclose details of the automobile major's plans for the ...
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Orbán and Farage’s right-wing fiesta goes ahead in Brussels after big court win: The controversial gathering will continue as planned.
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Quick Glance: Brussels Police Shut Down Right-Wing Conference with Farage and Braverman
- Brussels police stormed a right-wing conference attended by Nigel Farage and Suella Braverman after orders for the event to be shut down.
- The controversial National Conservatism Conference was closed to ensure public safety.
- Despite police arriving and giving attendees 15 minutes to leave, speeches continued.
- The conference, hosted by Viktor Orban and the Edmund Burke Foundation, aimed to strengthen national conservatism principles in Western countries.
Tesla's Layoffs Won't Solve Its Growing Pains: The car company popularized EVs. Now, facing intense competition from China, it has to figure out what to do next.
wired.com/story/tesla-robotaxi-pivot-china/
EU Set to Launch China Probe on Medical Device Procurement: The European Union is set to launch an investigation into China’s procurement of medical devices ...
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Paid articlePaid Elon Musk’s Grok keeps making up fake news based on X users’ jokes: X likely hopes to avoid liability with disclaimer that Grok "can make mistakes."
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At the limit: Districts no longer want to accept Ukraine refugees: “The integration of all the people is no longer possible”: The districts are calling for ...
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Hyundai pauses ads on X over brand safety issues: South Korea's Hyundai said on Friday that it had paused advertising on X, formerly known as Twitter ...
reuters.com/business/autos-transportation/hyundai-pauses-ads-x-over-brand-safety-issues-2024-04-19/
Orbán to Brussels: Time to shake up ‘bad’ EU leadership: “If the leadership proves to be bad, it must be replaced. It’s that simple,” Hungarian leader says.
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Russia's war: EU holds out prospect of further aid for Ukraine: Ukrainian President Volodymyr Zelensky was connected to the EU summit in Brussels via video ...
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Tesla tries legal 'Band-Aid' to revive Musk's huge pay deal: Tesla and Elon Musk are seizing upon an obscure provision in corporate law to attempt to restore ...
reuters.com/legal/tesla-tries-legal-band-aid-revive-musks-huge-pay-deal-2024-04-18/
US supports UN reform: Biden admin on Musk's remarks on UNSC seat for India: The US supports much-needed reform of the United Nations, including the Security ...
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REPORT: Nestle Adds Sugar to Baby Food Sold in Nigeria, Other Poor Countries Against WHO Guidelines
fij.ng/article/report-nestle-adds-sugar-to-baby-food-sold-in-nigeria-other-poor-countries-against-who-guidelines/
Quick Glance: Nestlé adds sugar to infant milk sold in poorer countries
- Nestlé adds sugar and honey to infant milk and cereal products in poorer countries, contradicting international guidelines.
- Public Eye's investigation revealed that products like Nido and Cerelac contain added sugar in many countries, while this is not the case in European markets.
- The World Health Organization warns of rising childhood obesity in poorer countries and emphasizes no added sugars for children under three years old.
- Nestlé defends the quality of its products but states that recipes vary based on regulation and local ingredient availability.
Elon Musk's wealth crashes $160 billion from peak amid Tesla troubles: Tesla stock has tanked by more than 60% since late 2021, slashing Elon Musk's fortune from ...
businessinsider.com/elon-musk-net-worth-tesla-stock-ev-billionaires-wealth-layoffs-2024-4
App to cut EU border queues won't be ready in time: An app to ease predicted queues under a new EU border system won't be ready in time, says Eurostar boss.
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Sales of electric cars are weakening - and with it the entire car market: Five percent fewer cars were sold in Europe in March. The slump in sales of electric ...
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Wall Street wants answers from Elon Musk on Tesla's Model 2 car: Elon Musk has kept investors hanging since he issued cryptic social posts following an exclusive ...
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EU Discord Over Capital Markets Weighs On Top-Level Summit: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the ...
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Elon Musk confirms he used a secret account on X : Elon Musk said he had used an alternate "test account" on X, with which he at times roleplayed as a toddler.
businessinsider.com/elon-musk-confirms-secret-twitter-account-x-child-2024-4
Georgia's parliament approves law on 'foreign agents' in first reading: Georgia's parliament on Wednesday approved the first reading of a bill on "foreign ...
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Why Is Elon Musk Dragging His 3-Year-Old Around the World?: Elon Musk has taken to bringing his 3-year-old son X to events around the world ...
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Northrop Grumman working with Musk's SpaceX on U.S. spy satellite system: Aerospace and defense company Northrop Grumman is working with SpaceX ...
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Musk’s X Retreats, Pledging to Comply With Brazil Court Orders: Elon Musk’s X social media platform will comply with all orders from Brazil’s Supreme Court ...
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Paid articlePaid Musk’s next big payday matters more than his last: Yesterday’s paycheck is a poor guarantee of good work tomorrow. Electric-car maker Tesla is asking investors ...
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EU Proposes UK Talks to Ease Stays for Students, Young Workers: The European Union’s executive wants to start talks with the UK to give young adults an easier ...
bloomberg.com/news/articles/2024-04-18/eu-proposes-uk-talks-to-ease-stays-for-students-young-workers
Recognize Palestine, Irish prime minister to tell EU leaders ｜ DPA: Ireland's new prime minister said on Wednesday he will use his first EU summit in ...
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German chancellor urges Israel not to retaliate after Iran attack ｜ DPA: German Chancellor Olaf Scholz urged Israel not to respond to Iran's direct attack ...
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Tesla cancels some layoff separation agreements: Some laid off Tesla workers received a notification that their separation agreement had been canceled.
businessinsider.com/tesla-cancels-some-layoff-separation-agreements-2024-4
India Elections: An Election Meme War Unfolds As Modi's BJP Outspends Opposition
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Paid articlePaid Is Elon Musk's Starlink Profitable? SpaceX Satellites Are Money Losers: SpaceX celebrates the satellite business as a money-making venture fueling a quest ...
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Paid articlePaid UK drug shortages swell amid Brexit supply woes, think-tank data shows: Drug shortages in the UK more than doubled between 2020 and 2023 with Brexit likely to ...
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Tesla execs Drew Baglino and Rohan Patel leave as company lays off 10%: Two high-profile executives have departed Tesla the same day that the electric automaker ...
techcrunch.com/2024/04/15/tesla-layoffs-workers-sales-cybertruck-cuts/
US and EU eye new sanctions on Iran after attack on Israel: Israel is urging Western allies to punish Tehran for the missile and drone attack on its territory.
bbc.com/news/world-middle-east-68832045
EU summit after attack on Israel: extension of Iran sanctions decided: Iran must be isolated internationally after the major attack on Israel ...
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Musk says Tesla's Full Self-Driving may enter China very soon: Tesla chief Elon Musk on Saturday said the electric-vehicle (EV) maker may make Full Self-Driving ...
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TikTok Lite: EU demands answers on money-for-views version: The platform has been given 24 hours to provide information about the potential risks of TikTok Lite.
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Elon Musk predicts AI will overtake human intelligence next year: Tesla chief says infrastructure will need to keep up with technology’s demands as he seeks ...
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Quick Glance: Elon Musk Predicts AI Surpassing Human Intelligence Next Year
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- Musk anticipates that AI capabilities will likely exceed those of all humans in the next five years.
- A series of AI breakthroughs in the past 18 months have accelerated development faster than expected, with Musk being more optimistic than previous forecasts.
- Musk has intensified his efforts to enter the AI race by seeking funding for his own AI startup to compete with OpenAI, while also advocating for a pause in the development of advanced AI systems.
Drugs from the pharmacy: Mayor of Amsterdam pleads for a regulated cocaine market
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Elon Musk apologizes for 'incorrectly low' Tesla severance: report: The Tesla CEO told workers in an email that the mistakes were "being corrected immediately."
businessinsider.com/elon-musk-tesla-apologizes-severance-packagaes-layoffs-2024-4
EU proposes some free movement for UK young people: The EU Commission says UK and EU citizens under 30 should be able to work or study for up to four years.
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US committee releases sealed Brazil court orders to Musk's X: A U.S. congressional committee has released confidential Brazilian court orders to suspend accounts ...
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Scholz Arrives in China on a Mission to Dial Down Trade Tensions: German Chancellor Olaf Scholz will take a delicate message to China this week: Beijing has not ...
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Elon Musk Says New X Users Will Soon Have to Pay to Post on the Platform: Elon Musk said X will soon start charging new users who want to post on the platform to ...
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Tesla layoffs hit high performers, some departments slashed, sources say: Tesla management told employees Monday that the recent layoffs — which gutted some ...
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India Elections 2024: Modi to Meet Elon Musk Amid World’s Biggest Election: Each day, Bloomberg journalists take you across a selection of towns and cities as ...
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Elon Musk's Grok AI Pushes False News Stories About Indian Election, Iran Strike: X users were surprised to see that Prime Minister Modi was 'ousted' in a ...
pcmag.com/news/elon-musks-grok-ai-pushes-false-news-story-about-indian-election-more
Farmers' protests: Ukraine and the EU's agricultural policy: For almost two years now, Ukrainian agricultural goods have been freely imported into the EU ...
nzz.ch/meinung/konflikt-um-agrargueter-die-ukraine-legt-die-misere-der-europaeischen-landwirtschaftspolitik-offen-ld.1826487
Tesla layoffs continue as recruiters get cut: Former Tesla workers confirmed to BI that some recruiters were informed of the layoffs via a call on Friday morning ...
businessinsider.com/tesla-layoffs-continue-recruiters-2024-4
Elon Musk Wants His Payday: Elon Musk is bad for Tesla. Why does it want to pay $56 billion to keep him?
slate.com/podcasts/slate-money/2024/04/business-tesla-wants-to-keep-elon-musk-and-musk-wants-a-big-payday
Elon Musk's Tesla could face 'dark days' with earnings looming after layoffs: Tesla stock has fallen by almost 40% this year amid poor sales and layoffs ...
qz.com/tesla-stock-layoffs-elon-musk-evs-analysts-q1-earnings-1851420154
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