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CNBC
10-07-2025
- Business
- CNBC
Musk, X to face trial in Don Lemon lawsuit alleging breach of contract
Ex-CNN anchor Don Lemon's lawsuit against tech billionaire Elon Musk and his social network X over the cancellation of their partnership can proceed to trial, a San Francisco judge ruled this week. Musk's team had tried to get the case moved to a Texas court and tried to convince the judge to strike the complaint altogether. Attorneys for Musk and X didn't respond to a request for comment. In an order dated July 8, Judge Harold Kahn said Lemon and his attorneys plausibly alleged, among other claims, that X and Musk had committed "fraud by false promise" and that there was "an implied contract" between them. Lemon filed the suit in August 2024 after X canceled a partnership with the broadcast journalist a few hours after he taped a tense interview with Musk, who owns X. The interview preceded a planned premiere of Lemon's new show on Musk's social network. During the interview, Lemon pressed Musk on several contentious topics he had posted about or amplified on X. Musk had boosted the so-called "great replacement theory," and other bigoted tropes and falsehoods, including posts that claimed there was a "Hispanic invasion" of immigrants to the U.S. Lemon also pressed Musk about content moderation on X, and a reported surge in antisemitic content on the platform that occurred after Musk acquired it as Twitter in a $44 billion leveraged buyout in late 2022. Musk made sweeping changes after taking over the site, firing huge numbers of personnel and reversing account bans for users who had been booted from the platform after posting hate speech or inciting violence. Musk, who characterized himself as a free speech "absolutist" also restored the account of President Donald Trump. The site had permanently banned Trump from the platform in January 2021 following the attack by his supporters on the U.S. Capitol. Lemon's case against Musk and X Corp. is in San Francisco Superior Court. A date has not been set for the trial. Musk and X have faced a litany of other lawsuits over non-payment to vendors and over failure to provide severance as promised to laid-off employees from Twitter. Lemon was fired from CNN in 2023 following reports that he mistreated coworkers and made sexist remarks on-air, including about politician Nikki Haley. Lemon later apologized for the Haley comments.
Express Tribune
10-07-2025
- Business
- Express Tribune
X chief steps down after two years
Linda Yaccarino, CEO of X Corp., attends the Milken Institute Global Conference 2025 in Beverly Hills, California, US, May 5, 2025. Photo: Reuters Linda Yaccarino resigned Wednesday as CEO of X, the social media platform formerly known as Twitter, after two years at the helm of the Elon Musk-owned company. In a statement posted on the platform, she said she had decided to step down following what she described as "two incredible years" leading the company through a major transformation. No reason was given for her exit. Yaccarino — a former NBCUniversal advertising executive — took over as X's CEO in June 2023, replacing Musk who had been serving in the role since his $44 billion acquisition of Twitter in October 2022. Her appointment came as Musk sought to focus on product development while bringing in an experienced media manager to restore advertiser confidence. The company has faced significant challenges since Musk's acquisition, including an exodus of advertisers and concerns over content moderation policies.
Express Tribune
09-07-2025
- Business
- Express Tribune
X CEO Linda Yaccarino steps down after two years
Linda Yaccarino, CEO of X Corp., attends the Milken Institute Global Conference 2025 in Beverly Hills, California, US, May 5, 2025. Photo: Reuters Listen to article Linda Yaccarino resigned Wednesday as CEO of X, the social media platform formerly known as Twitter, after two years at the helm of the Elon Musk-owned company. In a statement posted on the platform, she said she had decided to step down following what she described as "two incredible years" leading the company through a major transformation. No reason was given for her exit, but the resignation came as Musk's artificial intelligence chatbot Grok was under fire for anti-Semitic comments that praised Adolf Hitler and insulted Islam in separate posts on the X platform. After two incredible years, I've decided to step down as CEO of 𝕏. When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company. I'm immensely grateful to him for entrusting me… — Linda Yaccarino (@lindayaX) July 9, 2025 In a short reply to her post on X, Musk wrote: "Thank you for your contributions." Thank you for your contributions — Elon Musk (@elonmusk) July 9, 2025 Yaccarino -- a former NBCUniversal advertising executive -- took over as X's CEO in June 2023, replacing Musk who had been serving in the role since his $44 billion acquisition of Twitter in October 2022. Her appointment came as Musk sought to focus on product development while bringing in an experienced media manager to restore advertiser confidence. Read More: Musk's xAI deletes Grok posts after hate speech backlash The company has faced significant challenges since Musk's acquisition, including an exodus of advertisers and concerns over content moderation policies. Critics have cited a rise in violent content, racism, antisemitism and misinformation on X. Yaccarino's background in advertising was seen as crucial to rebuilding business relationships. In her statement, Yaccarino praised the "historic business turn around" achieved by the X team and suggested the platform was entering "a new chapter" with xAI, Musk's artificial intelligence company. xAI in March acquired X in an all-stock deal that valued the social media platform at $33 billion, making it a subsidiary of Musk's AI company. "X is truly a digital town square for all voices and the world's most powerful culture signal," she wrote, adding that she would be "cheering you all on as you continue to change the world." Analyst Jasmine Enberg from Emarketer said that being CEO "was always going to be a tough job, and Yaccarino lasted in the role longer than many expected." Also Read: Elon Musk's Grok restricted after calling itself 'MechaHitler' and posting anti-Semitic content on X "Faced with a mercurial owner who never fully stepped away from the helm and continued to use the platform as his personal megaphone, Yaccarino had to try to run the business while also regularly putting out fires," she told AFP. Yaccarino's sudden exit "suggests a possible tipping point" in their relationship, even if the reasons are for now unknown. During her tenure, X introduced new features including Community Notes, a crowd-sourced fact-checking system, and announced plans for "X Money," a financial services feature as part of Musk's vision to transform the platform into an "Everything App." It also coincided with Musk's endorsement and financial backing of Donald Trump, which saw the South African-born multi-billionaire catapulted into the White House as a close advisor to the president, before a recent falling out.
The Star
09-07-2025
- Business
- The Star
X CEO Yaccarino to step down in surprise move
FILE PHOTO: Linda Yaccarino, CEO of X Corp., attends the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 5, 2025. REUTERS/Mike Blake/File Photo
Qatar Tribune
19-06-2025
- Business
- Qatar Tribune
X sues to block New York social media transparency law
Agencies Elon Musk's X Corp. has filed a lawsuit challenging a New York state law that requires social media companies to report how they moderate hate speech and disinformation. The complaint, filed in a federal court in Manhattan, seeks to halt the law, which X argues violates the First Amendment by forcing platforms to disclose sensitive information about their content moderation practices. 'Today, @X filed a First Amendment lawsuit against a New York law, NY S895B,' X's Global Government Affairs team posted Tuesday, adding that it had successfully challenged a similar law in California.'X is the only platform fighting for its users by challenging the law, and we are confident we will prevail in this case as well,' the company said. The New York law requires social media companies with over $100 million in annual revenue to submit semiannual reports detailing how they define and moderate hate speech, racism, extremism, disinformation and harassment. Companies face fines of $15,000 per day for violations, which can be sought by the attorney general's office. X says the law is 'an impermissible attempt by the State to inject itself into the content-moderation editorial process' and seeks to pressure platforms into restricting constitutionally protected speech. Reporters Without Borders said in a statement that asking X 'account for their actions against misinformation is by no means an infringement of freedom of expression, but the bare minimum to clean up the digital space.' 'Freedom of expression does not come without responsibilities,' it added. The lawsuit comes after X successfully challenged a nearly identical California law last year, according to the filing. New York's law is 'a carbon copy' of the California provisions that were struck down, the filing adds.
