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Elon Musk Denies Reported Email Claiming X is "Barely Breaking Even"

  Elon Musk has denied sending an email to X (formerly Twitter) employees claiming that the platform is "barely breaking even." According to a report from the Wall Street Journal, Musk reportedly expressed concerns about X’s financial challenges, such as stagnant user growth and unimpressive revenue, and that the company was struggling to achieve profitability. This came amidst news that banks were preparing to sell billions of dollars in debt borrowed by X to complete Musk’s acquisition in 2022. In the email, Musk was reportedly quoted saying, "Our user growth is stagnant, revenue is unimpressive, and we're barely breaking even." The email also highlighted how the platform had influenced national conversations and outcomes, and noted that other platforms were beginning to adopt X’s commitment to free speech and unbiased truth. However, Musk swiftly denied these claims, taking to X to publicly refute the report. "This report is false. I sent no such email. ...

Facebook and Twitter are both taking action after a video shared by President Trump they say contains misinformation about the coronavirus

Facebook, apparently, does have a line.  The social media giant removed a video from Donald Trump's official Facebook page on Wednesday. The stated reason, according to a company spokesperson, was that the post spread misinformation about the coronavirus.  "This video includes false claims that a group of people is immune from COVID-19 which is a violation of our policies around harmful COVID misinformation," confirmed the spokesperson over email.  A visit to Trump's Facebook page shows no trace of the post. When asked if Facebook would put some sort of notice in place of the now-removed video — perhaps explaining why it was removed — the spokesperson replied that's not Facebook's policy. "Don’t think we would put notice on content we remove, so in this case the post just comes down," they clarified. In the removed video, the president told Fox & Friends that schools should remain open. "My view is that schools should be...

Twitter has temporarily halted President Donald Trump’s son from tweeting on its site after he shared a video riddled with unsupported claims about the coronavirus

Twitter restricted Donald Trump Jr.'s ability to tweet after he posted a video featuring a doctor making false claims about coronavirus cures and stating that people "don't need masks" to prevent the virus from spreading, a Twitter spokesperson said Tuesday. Some of the account's functionality, including the ability to tweet, will be limited for 12 hours, the spokesperson said. The video, which was published by the right-wing media outlet Breitbart News and went viral online on Monday, featured a group of doctors making false and dubious claims related to coronavirus, including that masks are unnecessary. Twitter   ( TWTR ) ,  Facebook   ( FB )  and YouTube removed the video after it started to go viral. President Donald Trump also retweeted multiple versions of the video on Twitter, but he did not upload a version of the video to the site. His son did, which is why Twitter only took action against Trump Jr.'s account, a company spoke...