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WASHINGTON (AP) — A Senate committee has issued bipartisan subpoenas to the CEOs of Discord, Snap and X, demanding that the heads of the three companies testify at a December hearing on protecting children online. Senate Judiciary Committee Chairman Dick Durbin, D-Ill., and South Carolina Sen. Lindsey Graham, the top Republican on the panel, announced Monday that they had issued the subpoenas to Discord CEO Jason Citron, Snap CEO Evan Spiegel and Linda Yaccarino, the CEO of X, formerly known as Twitter, “after repeated refusals to appear” during weeks of negotiations. "Big Tech’s failure to police itself at the expense of our kids cannot go unanswered,” the two senators said in a statement. The committee said that “in a remarkable departure from typical practice," Discord and X refused to accept service of the subpoenas and the panel was forced to enlist the U.S. Durbin and Graham said the committee remains in discussions with both Meta and TikTok and expects their CEOs, Mark Zuckerberg and Shou Zi Chew, to testify voluntarily.
Persons: Dick Durbin, South Carolina Sen, Lindsey Graham, Jason Citron, Evan Spiegel, Linda Yaccarino, , X, Durbin, Graham, Mark Zuckerberg, Shou Zi Chew, Barbara Ortutay Organizations: WASHINGTON, , South, Republican, U.S . Marshals Service, Social, Meta, Facebook, Associated Press Locations: South Carolina, Washington, San Francisco
Elon Musk recently supported an anti-semitic tweet and other incendiary rhetoric on X.Musk is working to "destroy" Tesla, and is not acting as its CEO, Gerber said. AdvertisementAn ardent supporter of Tesla and its CEO Elon Musk no longer sees the billionaire as the leader of the company. AdvertisementGerber's comments came after Musk responded to an antisemitic comment on X, claiming that "Jewish communities" had been pushing "hatred against whites." "You have said the actual truth," Musk wrote in response to the antisemitic post. Earlier on Thursday, Gerber wrote on X that he plans to ditch his Model Y Tesla for a Rivian due to Musk's statements.
Persons: Ross Gerber, Elon Musk, Gerber, , Tesla, Musk, he's, I've, Linda Yacaccarino, Dustin Moskovitz, Marc Bodnick, Yaccarino Organizations: Service, Gerber Kawasaki Wealth & Investment Management, CNBC, Tesla, Business, IBM, New York Times, Facebook, Defamation League Locations: Tesla
Elon Musk is facing backlash from business leaders after he appeared to endorse an antisemitic conspiracy theory. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementElon Musk is facing backlash from the business community after he appeared to endorse an antisemitic post on X. AdvertisementAnother Tesla bull, Gary Black, whose Future Fund invests in Tesla, similarly reported that clients had reached out to him regarding Musk's comments. While the backlash escalates, Musk's chosen X CEO Linda Yaccarino is left to clean up the growing mess.
Persons: Elon Musk, , Elon, Musk, Musk's, Dustin Moskowitz, Marc Bodnick, Andrew Left, Tesla, Ross Gerber, I've, Gary Black, Kristin Hull, Nia, demote, Bravo —, Linda Yaccarino Organizations: IBM, Service, Buffalo, Elon, SpaceX, BMW, CNBC, EV, Tesla, Nia Impact, Employees, Media, Apple, Oracle Locations: Pittsburgh
Ads have also appeared next to pro-Nazi posts on Musk's platform, non-profit Media Matters reported. Some X employees are facing the brunt of the uproar, and are reportedly getting calls from advertisers asking about Musk's comments, according to The New York Times. X has also been placing advertisements next to major companies like Apple, Oracle, and Xfinity, according to Media Matters. AdvertisementSome users on X responded to Yaccarino's post, asking her if X owner Musk was aware of this stance and requesting that she relay her message to him. Antisemitic posts from X users, which were flagged by Media Matters, will now be labeled as "sensitive media," an X executive told Business Insider in a statement.
Persons: Elon Musk, , Musk, @BreakingBaht, Linda Yaccarino, Dustin Moskovitz, Ross Gerber Organizations: Media, Service, The New York Times, Nazi, IBM, Apple, Oracle, Media Matters, BI, Facebook, X, SpaceX, Gerber Kawasaki Wealth, Investment Management
IBM has stopped advertising on social media platform X after a report said its ads were appearing alongside material praising Adolf Hitler and Nazis — a fresh setback as the site formerly known as Twitter tries to win back big brands and their ad dollars. The U.S. tech company made the decision after a report Thursday by the liberal advocacy group Media Matters said ads from IBM, Apple, Oracle, NBCUniversal's Bravo network and Comcast were placed next to antisemitic material on X. “IBM has zero tolerance for hate speech and discrimination and we have immediately suspended all advertising on X while we investigate this entirely unacceptable situation," the company said in a terse statement. “When it comes to this platform — X has also been extremely clear about our efforts to combat antisemitism and discrimination. The accounts that Media Matters found posting antisemitic material will no longer be monetizable and that the specific posts will be labeled “sensitive media," according to a statement from X on Friday.
Persons: Adolf Hitler, , Elon Musk, ” Musk, Musk, Linda Yaccarino, Yaccarino, Benjamin Netanyahu Organizations: IBM, Twitter, Media, Apple, Oracle, NBCUniversal's Bravo, Comcast, Billionaire, Hamas, Defamation League Locations: U.S, Israel, Israeli
CNN —A growing list of companies said they have suspended advertising on X, the platform formerly known as Twitter. Disney and Warner Bros.’ advertising pauses follow similar moves by Lionsgate and IBM. The iPhone maker also pulled its advertising from the social media platform, according to multiple news outlets, including Axios, which first reported Apple’s withdrawal. Full stop.”An analysis by the watchdog group Media Matters found this week that in addition to IBM, ads by Apple, Comcast, NBC and Oracle had appeared alongside similar content. In August, two other brands, NCTA — the Internet and Television Association — and Gilead Sciences paused their spending on X after their ads were also run alongside pro-Nazi content.
Persons: Elon Musk, White, Linda Yaccarino, X Organizations: CNN, Twitter, Disney, Warner Bros, Lionsgate, IBM, Bloomberg, Apple, Media, Comcast, NBC, Oracle, NBCU, Thursday’s Media, and Television Association, Gilead Sciences
REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsNov 17 (Reuters) - The White House on Friday accused Elon Musk of repeating a "hideous" antisemitic lie on his social media site X this week, calling it an "abhorrent promotion of antisemitic and racist hate" that "runs against our core values as Americans." Representatives for Musk or X could not immediately be reached for comment on the White House statement. X earlier declined to comment on Musk's post, which endorsed a post that falsely claimed members of the Jewish community were stoking hatred against white people. Antisemitism has been on the rise in recent years in the United States and worldwide. Reporting By Jarrett Renshaw, Steve Holland and Sheila Deng; Writing by Susan Heavey; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.
Persons: Elon Musk, Porte, Gonzalo Fuentes, Andrew Bates, Linda Yaccarino, Adolf Hitler, Musk, Jarrett Renshaw, Steve Holland, Sheila Deng, Susan Heavey, Daniel Wallis Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de, REUTERS, Representatives, IBM, Nazi Party, Hamas, Defamation League, Thomson Locations: Paris, France, Israel, United States, Palestinian
Linda Yaccarino's efforts to reassure companies about X are being undermined by Elon Musk. Yaccarino released a statement on Thursday saying X is working to combat antisemitism. However, one day before her post, Musk supported an antisemitic conspiracy theory on the platform. AdvertisementLinda Yaccarino's efforts to reassure companies that X is safe for brands are being undermined by Elon Musk's actions. The contrast between Yaccarino's statement and Musk's post was not lost on platform users.
Persons: Linda Yaccarino's, Elon Musk, Yaccarino, Musk, , Elon Musk's, , Linda Yaccarino, Dustin Moskovitz, Ross Gerber, Tesla, VWqtI32Jxz — Matthew Gertz, Yaccarino —, Yaccarino's, Lou Paskalis, they're Organizations: Service, IBM, Financial, Media, Apple, Comcast, X, Business, Reuters, Vox Media, Conference
IBM said it would stop buying ads on X after they were reportedly placed alongside pro-Nazi posts. AdvertisementThe Media Matters report included screenshots showing ads for IBM, Apple, Oracle, and Bravo appearing alongside pro-Nazi content . X told BI the accounts cited in the Media Matters report will be demonetised and the posts given a "sensitive media" label. "When it comes to this platform — X has also been extremely clear about our efforts to combat antisemitism and discrimination," she said. Musk has also not addressed IBM's move, but described Media Matters as "an evil organization" in a reply on X.Advertisement
Persons: Linda Yaccarino, , Elon, Bravo, who's, X, Yaccarino, Musk, IBM's Organizations: IBM, Elon, Service, Media Matters, Nazi, New York Times, Apple, Oracle, Financial Times, Media
Social media’s antisemitism problemThe rise in antisemitism since the outbreak of war in the Middle East has ignited a clash between Wall Street donors and universities, and divided some workplaces. Now, the pressure is building on social media platforms, particularly Elon Musk’s X and TikTok, with advertisers, celebrities and influencers pulling spending and confronting executives about the proliferation of hate speech. He posted to X his support for white nationalist conspiracy theories that Jewish communities were spreading hatred. Yaccarino was brought in to win back advertisers after Musk bought Twitter last year and culled many content moderators. More than a dozen Jewish celebrities and creators, including the actors Sacha Baron Cohen, Debra Messing and Amy Schumer, confronted TikTok executives this week.
Persons: Elon Musk’s, Adolf Hitler, Musk, X’s, Linda Yaccarino, Yaccarino, “ Linda, ” Martin Sorrell, DealBook, TikTok, Sacha Baron Cohen, Debra Messing, Amy Schumer, “ Hitler, Anne Frank ”, Cohen, , Osama bin, bin Laden, , Alex Haurek, George Santos, Biden, Xi Jinping, Doug McMillon, Walmart’s, , ” Brian Cornell, Organizations: IBM, Media, America, Nazi Party, Apple, Oracle, Defamation League, Twitter, S4 Capital, House, Big, General Motors, Hyundai, Republican, Justice Department, Business, APEC, West Texas Intermediate, Consumers, Depot, Walmart Locations: TikTok, New York, Hong Kong, China, San Francisco, Beijing, Washington, U.S
TikTok, accused of elevating pro-Palestinian content, blamed “unsound analysis” of hashtag data. Some Instagram and Facebook users circulated a petition accusing the platforms’ parent company, Meta, of censoring pro-Palestinian posts, which Meta attributed to a technical bug. Antisemitic content swarmed onto X, the platform formerly known as Twitter and run by the billionaire Elon Musk. The major tech companies have long offered some degree of access, but researchers said that now seems to be shrinking. TikTok has been accused of amplifying pro-Palestinian videos through its powerful algorithmic feed and of failing to address antisemitic content.
Persons: TikTok, Elon Musk, Linda Yaccarino, “ We’re, , Megan A, Brown, , Sacha Baron Cohen, Debra Messing, Musk, Osama bin Laden, America ”, Isabelle Frances, Wright, Moustafa Ayad, Ms, Frances, Jamie Favazza, Meta, Sukrit Venkatagiri, standwithIsrael Organizations: Facebook, Tech, Meta, Twitter, University of Michigan, IBM, Institute for Strategic, Swarthmore College Locations: Israel, United States, U.S, Beijing
Less than 24 hours after Elon Musk endorsed an antisemitic post on X as “the actual truth” of what Jewish people were doing, IBM paused its advertising on the social media platform as X’s chief executive, Linda Yaccarino, and others at the company scrambled on Thursday to contain the fallout. X employees said on Thursday that they had gotten calls from advertisers wondering why Mr. Musk was making comments seen as antisemitic and why their ads were showing up next to white nationalist and Nazi content, according to internal messages that were viewed by The New York Times. IBM cut off about $1 million in advertising spending that it had committed to the platform for the last three months of the year, the messages said. In a note to employees on Thursday morning, Ms. Yaccarino said that “X is a platform for everyone” and added that “discrimination by everyone should STOP across the board.” She said the company had been clear about its work to fight antisemitism and discrimination, and later shared a similar message on X. In a statement, IBM said it “has zero tolerance for hate speech and discrimination and we have immediately suspended all advertising on X while we investigate this entirely unacceptable situation.”
Persons: Elon Musk, Linda Yaccarino, Musk, Yaccarino, , Organizations: Elon, IBM, The New York Times Locations: Nazi
New York CNN —IBM on Thursday announced it had suspended advertising on Elon Musk’s X, the platform formerly known as Twitter, after an ad for the computing giant appeared alongside pro-Nazi content. The accounts remained active on X Thursday afternoon, hours after the report was published. No brands had specifically targeted the pro-Nazi accounts identified in Thursday’s report for their advertisements, nor did the company intentionally place their ads there, the spokesperson said. Full stop.”IBM is not the first company to part ways with X after its ad appeared next to hateful content. Musk’s X has also come under fire for reinstating the accounts of users who were previously banned on the social media platform, including far-right and neo-Nazi figures.
Persons: Elon Musk’s, , NBCUniversal’s Bravo, Adolf Hitler, Linda Yaccarino, NCTA, Yaccarino, Musk, Jonathan Greenblatt, ” Greenblatt, Musk’s, , Brian Fung Organizations: New, New York CNN, IBM, Elon, Media, IBM —, Apple, Oracle, Comcast, NBCU, CNN, and Television Association, Gilead Sciences, Adobe, Adobe , New York University Langone Hospital, University of Maryland’s, Whites, Defamation League Locations: New York, Nazi, Adobe ,, America
IBM has paused advertising on X after a report found that the tech company's ads were placed next to antisemitic content on the platform formerly known as Twitter. Researchers and advocacy groups have documented a rise of controversial content on X, though the company has disputed those claims. An X spokesperson told CNBC in an email that the accounts that Media Matters said were posting the hateful content would no longer be monetizable. IBM's decision to halt advertising on X also comes after Musk on Wednesday boosted and drew attention to an antisemitic X post and issued statements that drew backlash from critics. "When it comes to this platform — X has also been extremely clear about our efforts to combat antisemitism and discrimination," Yaccarino wrote.
Persons: Hitler, Linda Yaccarino, Elon Musk, Oracle didn't, Musk, Jonathan Greenblatt, Yaccarino, Jordan Novet Organizations: IBM, CNBC, Media, America, Apple, Bravo, Oracle, Nazi Party, Elon, Comcast, Defamation League, Disney, Google Locations: Israel, America
The logo for social media platform X, following the rebranding of Twitter, is seen covering the old logo in this illustration taken, July 24, 2023. Media watchdog Media Matters said it found that corporate advertisements by IBM, Apple (AAPL.O), Oracle (ORCL.N) and Comcast's (CMCSA.O) Xfinity were being placed alongside antisemitic content. "IBM has zero tolerance for hate speech and discrimination and we have immediately suspended all advertising on X while we investigate this entirely unacceptable situation," IBM said in a statement. Musk's Wednesday comments on the social media platform are not the first time he has engaged in discussions that reference antisemitic tropes or conspiracy theories. "When it comes to this platform - X has also been extremely clear about our efforts to combat antisemitism and discrimination.
Persons: Dado Ruvic, Adolf Hitler, Musk, Xfinity, X, Linda Yaccarino, Jonathan Greenblatt, Yuvraj Malik, David Gaffen, Lisa Shumaker Organizations: Twitter, REUTERS, IBM, Elon, Nazi Party, Media, Apple, Oracle, Defamation League, ADL, Reuters, U.S, X, Hamas, Thomson Locations: America, United States, Israel, Palestinian, Bengaluru, New York
Fellow civil rights organization the Human Rights Campaign in June declared a “state of emergency” for members of the LGBTQ+ community. “We have seen this rhetoric transcend politics and appear on social media platforms,” a representative for the Trevor Project told CNN. “The content we share on social media is intended to uplift and affirm LGBTQ young people, shedding light on stories to deepen the public understanding of their experiences. The company has also been attempting to convince many advertisers to resume or increase their spending on the platform despite concerns that ads could show up alongside hateful content or misinformation. CNN has reached out to X about the Trevor Project deleting its account.
Persons: Trevor, , Elon Musk, , ” Musk, , Musk, we’ve, Jack Dorsey, Linda Yaccarino Organizations: New, New York CNN, LinkedIn, Facebook, Center, Anti, Defamation League, ADL, Human, Trevor Project, CNN, Twitter Locations: New York, United States
Linda Yaccarino is showing support for Elon Musk's latest project, the AI chatbot Grok. "I wish I knew Grok during the Birds and the Bees talk with my kids," she said on X. AdvertisementAdvertisementLinda Yaccarino has been praising Elon Musk's latest project, the "rebellious" AI chatbot Grok. Despite the potentially inappropriate language, X CEO Yaccarino was enthusiastic about the bot's educational potential. During a disastrous interview at Code Conference in September, Yaccarino defended Musk's leadership and said the pair talked "about everything."
Persons: Linda Yaccarino, Elon Musk's, Yaccarino, , Musk, Elon Musk, chuckles Organizations: Elon, Service, Conference Locations: Sea Cliff , New York
When X Corp. Chief Executive Linda Yaccarino gathered advertisers in September at the company’s New York office, hoping to woo them back to the social-media platform, she invited a National Football League executive as a headline speaker. Having heard plenty about the risks of the platform formerly known as Twitter, from hate speech to misinformation, Yaccarino and her team have been pitching advertisers on TV-style content such as NFL game highlights—safe zones within X that can give jittery marketers a place to spend their money.
Persons: Linda Yaccarino Organizations: X Corp, National Football League Locations: York
When X Corp. chief executive Linda Yaccarino gathered advertisers in September at the company’s New York office, hoping to woo them back to the social-media platform, she invited a National Football League executive as a headline speaker. Having heard plenty about the risks of the platform formerly known as Twitter, from hate speech to misinformation, Yaccarino and her team have been pitching advertisers on TV-style content such as NFL game highlights—safe zones within X that can give jittery marketers a place to spend their money.
Persons: Linda Yaccarino Organizations: X Corp, National Football League Locations: York
Elon Musk's X has considered some sort of a talk show or video deal with former Democratic candidate Tulsi Gabbard, according to the The Wall Street Journal. AdvertisementAdvertisementFrom the Journal:X executives also have considered a video deal with former Hawaii congresswoman Tulsi Gabbard, people familiar with the situation said. Gabbard, who regularly appears on Fox News, ran for the Democratic presidential nomination in 2020 but later said she quit the Democratic Party. In April, he started streaming a version of a show on the X platform. She made a short-lived podcast last year, and signed a deal with Fox News as a contributor in 2022, appearing on a variety of shows.
Persons: Elon Musk's, Tulsi Gabbard, Gabbard, Linda Yaccarino, Tucker Carlson, Carlson Organizations: Democratic, Street, Fox News, Democratic Party, NBC Universal, NFL, NBA, Twitter Locations: Hawaii
It also shows a majority of survey respondents fear being sued by X over their findings or use of data. European Union regulators are also currently investigating X's handling of disinformation, which was the focus of multiple stalled or canceled independent research studies, the survey found. She helped conduct the research survey for the coalition, a global group with more than 300 members, that works to advance the study of technology's impact on society. 'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. Short-form video app TikTok announced an academic research API earlier this year, but its onerous terms and conditions limit its usefulness for researchers, said Megan A.
Persons: Elon, Musk's, Josephine Lukito, Musk, Carlos Barria, Lukito, Tim Weninger, Megan A, Brown, X, CCDH, Imran Ahmed, Bond Benton, Linda Yaccarino, Sheila Dang, Zeba Siddiqui, Martin Coulter, Supantha Mukherjee, Kenneth Li, Anna Driver Organizations: Social, Reuters, Twitter, Coalition for Independent Technology Research, Center, Union, University of Texas, San, EU, Reuters Graphics, REUTERS, University of Notre Dame, New York University, Tech Policy Press, Facebook, Montclair State University, Sprinklr, Thomson Locations: Israel, Gaza, quantifies, U.S, Australian, Austin, San Francisco, San Francisco , California, China, Sprinklr, London, Stockholm
In today's big story, we're looking at why the market might be on the cusp of a once-in-a-generation investing moment (but not with the names you're familiar with). The big storyUnder the radarA trader looks at market charts on the floor of the New York Stock Exchange on January 18, 2023. Angela Weiss/AFP/Getty ImagesWhen it comes to the stock market, the real value is in the crumbs. AdvertisementAdvertisementThe former chief investment strategist at Merrill Lynch views the chance to get in on less-glamorous stocks as a "once-in-a-generation" opportunity. The end of the AI market boon.
Persons: , Stanley, Angela Weiss, Richard Bernstein, Merrill Lynch, Insider's Jennifer Sor, Bernstein, Jennifer, Brendan McDermid, Fundstrat's Tom Lee, Charlie Munger, Warren Buffett's, Munger, there's, Berkshire Hathaway, Bill Smead, Smead, Kendrick Lamar's, Rishi Sunak, Linda Yaccarino, Hitler, Elon Musk, carles miro, Getty, Tyler Le, Gen Zers, Zers, Donald Trump, OpenAI, OpenAI DevDay, Adolphe Sax, Martha Stewart, Lexie Moreland, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, New York Stock Exchange, Getty, Bank of America, REUTERS, Elon, AI, Trump, Trump Organization, OpenAI Locations: Victoria, New York City, San Diego, London, New York
NEW YORK, Nov 6 (Reuters Breakingviews) - Elon Musk does well when his back is against the wall. His investment in X now fills the longshot role, which leaves him little to lose. Grok, as it is called, has “real-time access to info via the X platform,” Musk noted in a post, which gives it a “massive advantage” over other AI models. Although the product is still being tested, Musk says it already can out-compute OpenAI’s GPT-3.5 and Meta Platforms' (META.O) Llama 2. X may be near, or already has hit, rock bottom, right where Musk often does his best work.
Persons: Elon, Tesla, Musk, ” Musk, Linda Yaccarino, X, Billionaire Elon Musk, Jeffrey Goldfarb, Sharon Lam Organizations: Reuters, Twitter, New York Times, Microsoft, New, Billionaire, OpenAI, Thomson
X is looking to generate new revenue by selling off old Twitter handles, Forbes reported. X is looking to address a huge advertising shortfall following Elon Musk's takeover last year. AdvertisementAdvertisementElon Musk's X is working on a plan to generate new revenue by selling off old Twitter handles, Forbes reported Friday. AdvertisementAdvertisementThe company is looking to plug a huge advertising revenue shortfall following Elon Musk's takeover of Twitter last November. AdvertisementAdvertisementAdvertising accounted for 90% of X's revenue in 2021 when it last publicly reported its financial results.
Persons: X, Elon Musk's, , Elon, Forbes, Alex Konrad, X didn't, Linda Yaccarino, Musk Organizations: Forbes, Elon, Service, Twitter, Ebiquity, Grok
X CEO Linda Yaccarino stepped in to remove a viral pro-Hitler post, The Information reports. Hate speech and misinformation have run rampant on X since Elon Musk's takeover in 2022. The post in question appeared on the X page belonging to Afnan Ullah Khan, a member of the Senate in Pakistan, The Jerusalem Post reported. AdvertisementAdvertisementMusk previously described himself as a "free speech absolutist," which is evident in his hands-off approach to moderating hate speech and misinformation. The day before the tweet, in an October 27 blog post, Yaccarino asserted that safety is a "critical priority" for the X team.
Persons: Linda Yaccarino, Hitler, , Elon Musk, Adolf Hitler, , Afnan Ullah Khan, Yaccarino, Insider's Kali Hays, Elon Musk's, Hate Organizations: Elon Musk's, Service, Senate, Jerusalem Post, Twitter, Commission, Elon, Center, New York Times Locations: Pakistan, Jerusalem, Israel, Gaza
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