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...The company said last month it would liquidate 19 ETFs representing nearly 20 per cent of its line-up but fewer than 1 per cent of its assets....
...A few weeks ago most of our clients were off X. Now they are all off X.”...
...It wasn’t until Musk took over that the newly named X lost its appeal. The cuts to X’s content moderation staff allowed more hate to spew forth. The platform no longer works as a news stream....
...IBM has said it has pulled its global advertising from Elon Musk’s X following a report that the social media platform ran the tech company’s adverts alongside pro-Nazi material, in a fresh blow to the company...
...Nano-X Imaging, a small Israeli medical device maker, doubled after Nvidia detailed its position in the company in a regulatory filing last Wednesday....
...Luis Berruga is stepping down effective from Monday after five years as CEO of Global X, the New York-based company confirmed....
...In a statement on X, the company said it disagreed with the court’s decisions and “plans to appeal”....
...A US judge has struck down a lawsuit brought by X against a non-profit group that researched toxic content on the social media platform, finding the Elon Musk-owned company’s case appeared to be an attempt...
...The company later said in a post that the platform’s “defense mechanism against manipulation and spam mistakenly flagged” Yulia Navalnaya’s account as violating its rules....
...Global X, owned by Seoul-based Mirae Asset, has 91 funds and ranks in the top 14 US managers of ETFs by assets....
...Musk’s electric vehicle company Tesla has held talks with Indian officials about building an EV factory in the world’s most populous country. X did not immediately respond to a request for comment....
...The ETF Insights programme is modelled on the company’s 20-year-old Market Insights platform led by chief global strategist David Kelly....
...However, X’s depleted content moderation resources have been unable to stop the faked Swift images from being viewed millions of times before removal, forcing the company to resort to blocking searches of...
...Changing the company name from Twitter to X has caused confusion. However, those data sites also show a dip in traffic to other social media sites....
...culture when he took control of the business in October 2022 and renamed it X....
...Companies remain rightly wary of X’s decision to cut content moderation and its owner’s volatile persona. Musk even denounced reticent advertisers in public....
...He has used it as a name for various business ventures — most notably X.com, an online bank he co-founded in 1999 that later merged with another company to become PayPal — as well as for his first child...
...Last month, the company released its first AI model, a “sarcastic” chatbot called Grok, which has been trained on X, the social media platform Musk bought for $44bn a year ago....
...Elon Musk told advertisers who have halted spending on X due to his endorsement of an antisemitic post to “go fuck” themselves, deepening a rift between the billionaire and the companies that generate most...
...As of December 11, the company had made about $4.7mn from the start of 2023 from political ads, according to disclosure data that can be requested from the company....
...Last month, X told employees it valued the company’s equity at just $19bn....
...The world’s richest man acts like the sole stakeholder in X, entitled to immolate a company for which he paid $44bn....
...They and other companies are also attempting to distance themselves from Musk following his comments....
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