Shares of Meta Platforms slid nearly 6% in the week following Zuckerberg’s Jan. 7 announcement that he was ending the company’s internal fact-checking program and replacing it with a user-based system to flag problematic content.

Mozi co-founders Ev Williams, left, and Molly DeWolf Swenson. (Margo Moritz Photo) Bucking the conventional wisdom around most new products, Molly DeWolf

The U.S. Securities and Exchange Commission is suing Elon Musk for allegedly failing to properly disclose his purchase of Twitter shares before buying the company, currently known as X.

Musk bought Twitter shares at 'artificially low prices' and saved $150 million because he reported his Twitter stake late, the SEC alleges.

According to the SEC complaint, Musk didn’t follow disclosure rules, “allowing him to underpay by at least $150 million for shares he purchased after his financial beneficial ownership report was due.

Regulators filed a lawsuit in federal court stemming from Mr. Musk’s $44 billion purchase of the social media company now called X.

Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges that the billionaire failed to disclose his ownership of Twitter stock in a timely manner, saving himself at least $150 million “at the expense of shareholders.”

As TikTok nears a U.S. ban, apps like RedNote, Lemon8, and YouTube Shorts are emerging as viable alternatives for creators and followers alike.

Meanwhile, Snap is poised to capitalize, while other popular Chinese apps like RedNote may be newly scrutinized.

The Oklahoma Ethics Commission released information Thursday and Friday about its normally confidential investigations.

Jerry Jones' unwillingness to break the bank for a head coach could be a major obstacle for the Dallas Cowboys if they want to pursue Deion Sanders.