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Top court orders ban on Elon Musk’s X in Brazil

A top court in Brazil ordered an immediate, country-wide suspension of the X platform on Friday after a months-long legal battle with Elon Musk’s social media company over content moderation, according to Bloomberg.   Earlier this month, X closed its operations in Brazil in protest against court orders asking it to remove accounts that allegedly

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Dailyhunt parent VerSe’s valuation gets slashed 42% to $2.9B: investor note

Indian tech and media startup VerSe, which operates popular news aggregator Dailyhunt, is worth about 42% below its last private valuation, according to estimates by its investor 360 One.  The wealth and asset manager disclosed in a June update to its investors that it values VerSe at $2.9 billion, according to an internal document reviewed

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Ex-Twitter CISO Lea Kissner appointed as LinkedIn security chief

LinkedIn has a new chief information security officer, Lea Kissner. Announcing the appointment in a LinkedIn post (fittingly), Kissner said they are “excited” to take on the new role.  Kissner most recently served as CISO at cloud security startup Lacework. Prior to that, they were Twitter’s CISO until their departure in November 2022, weeks after Elon

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The banks that loaned Musk $13B to buy Twitter might be having regrets

X, the social network formerly known as Twitter, looks like a pretty bad investment right about now. As readers might recall, billionaire Elon Musk borrowed $13 billion from Morgan Stanley, Bank of America and five other major banks to help finance the $44 billion acquisition of Twitter, as it was then called. According to the

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Meet Black Forest Labs, the startup powering Elon Musk’s unhinged AI image generator

Elon Musk’s Grok released a new AI image-generation feature on Tuesday night that, just like the AI chatbot, has very few safeguards. That means you can generate fake images of Donald Trump smoking marijuana on the Joe Rogan show, for example, and upload it straight to the X platform. But a new startup is the

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