Elon Musk rebuffed in bid to move Tesla tweet trial to Texas
A federal judge on Friday rejected Tesla CEO Elon Musk’s bid to move or delay a trial over a misleading tweet about a potential buyout of the electric automaker, setting the stage for the mercurial billionaire to be thrust into a legal drama amid the turmoil of his Twitter takeover.
School lawsuits over social media harm face tough legal road
Like the tobacco, oil, gun, opioid and vaping industries before them, the big U.S. social media companies are now facing lawsuits brought by public entities that seek to hold them accountable for a huge societal problem in the mental health crisis among youth.
TikTok boss meets European officials as scrutiny intensifies
TikTok’s CEO has met with European Union officials about strict new digital regulations in the 27-nation bloc as the Chinese-owned social media app faces growing scrutiny from Western authorities over data privacy, cybersecurity and misinformation.
Twitter leak exposes 235 million email addresses from hack
Personal emails linked to 235 million Twitter accounts hacked some time ago have been exposed according to Israeli security researcher Alon Gal — making millions vulnerable to having their accounts compromised or identities exposed if they have used the site anonymously to criticize oppressive governments, for instance.
Chinese regulators approve capital expansion for Ant Group
Chinese regulators have said e-commerce giant Alibaba’s finance affiliate Ant Group can raise $1.5 billion for its consumer finance unit in an important step forward after the government called off a planned IPO two years ago and ordered the firm to restructure.