[ad_1] Elon Musk said his xAI artificial intelligence startup has acquired the X platform, which he also controls, at a valuation of $33 billion, marking a surprise twist for the social network formerly known as Twitter. “The combination values xAI at $80 billion and X at $33 billion,” the billionaire wrote Friday in a post […]
Australia bans social media ban for kids under 16 – CNBC TV18
[ad_1] The Australian Senate passed a social media ban for young children on Thursday that will soon become a world-first law. The law will make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars ($33 million) for systemic failures to prevent children younger than 16 […]
Who is Justice Alexandre de Moraes, the Brazilian judge taking on billionaire Elon Musk – CNBC TV18
[ad_1] Brazilian Supreme Court Justice Alexandre de Moraes is at the centre of a high-stakes standoff with Elon Musk, the owner of social media platform X. De Moraes has threatened to suspend X across Brazil in the next 24 hours if Musk doesn’t comply with an order to appoint a new legal representative in the […]
I&B Ministry puts draft broadcast bill on hold, calls for fresh consultation & comments – CNBC TV18
[ad_1] The Ministry of Information & Broadcasting has put on hold the contentious Draft Broadcasting Services (Regulation) Bill, which is aimed at revising the regulatory framework for broadcasting services in India. The Broadcasting Services (Regulation) Bill 2024 is expected to replace the 30-year-old Cable TV Networks Act of 1995 and address the changing complexion of […]