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Five Democratic senators have urged the Justice Department to investigate Elon Musk for potentially using his insider status in the Trump administration to pressure advertisers back to X. Concerns have arisen over Musk's influence, particularly after reports indicated that X pressured advertising firm Interpublic Group to increase spending, with implications for its merger with Omnicom Group. The senators warned that Musk's actions could violate criminal ethics laws if he leverages his position to harm businesses that do not advertise on X.
Elon Musk's X has expanded its lawsuit against several companies, including Lego and Shell, alleging they conspired to boycott the platform and violate antitrust laws. The complaint claims that members of the Global Alliance for Responsible Media collectively withheld advertising revenue and enforced brand safety standards that X has since met or exceeded. The lawsuit highlights the ongoing impact of this boycott on the platform's revenue and its contentious relationship with advertisers since Musk's acquisition.
Errol Musk is promoting a Solana-based meme coin called Musk It (MUSKIT), aiming to raise $150-$200 million for the Musk Institute, despite criticism of capitalizing on his son Elon Musk's fame. The token has surged 280% following Errol's endorsement, although its financial structure remains unclear. Elon Musk has no involvement in the project and has publicly criticized his father's character, highlighting a strained relationship between them.
Elon Musk's social media platform, X, formerly Twitter, is partnering with Visa to launch "X Money Account," a digital wallet for real-time payments in the U.S. This initiative is a significant step towards Musk's vision of an "everything app," akin to China's WeChat, allowing users to link debit cards for peer-to-peer transactions. The collaboration marks X's entry into financial services, with further expansions and features anticipated throughout the year.
Elon Musk's social media platform X has partnered with Visa to launch the X Money Account, aiming to transform into an "everything" app. This service will enable secure peer-to-peer payments and direct fund transfers to bank accounts, with the debut expected later this year. CEO Linda Yaccarino indicated that this is just the first of many significant announcements regarding X Money planned for 2025.
Dogecoin's price has recently dipped below $0.31, marking its lowest point in 2025, as broader tech stock declines impact the crypto market. Speculation around Elon Musk's potential integration of Dogecoin into X's upcoming payment service, X Money, continues, though no official confirmation has been made. Despite past surges linked to Musk's endorsements, the meme coin faces significant volatility amid shifting market conditions.
X is partnering with Visa to launch a real-time payment system on its platform, marking a step towards Elon Musk's vision of an "everything app." The "X Money Account" will enable digital wallet services and peer-to-peer payments linked to debit cards, with a U.S. launch expected later this year. This initiative aims to compete with other platforms expanding their service offerings, despite challenges following Musk's acquisition of the platform.
Visa is partnering with X, formerly Twitter, to launch "X Money" accounts later this year, enabling users to transfer funds from debit cards and bank accounts. CEO Linda Yaccarino indicated this is just the beginning of multiple announcements regarding the payment feature. The initiative aims to diversify revenue streams amid declining ad spending.
Elon Musk's X has partnered with Visa to introduce direct payment solutions for users, marking a significant step towards transforming the platform into an "everything app." The collaboration will allow customers to fund their X wallet, connect debit cards for peer-to-peer payments, and transfer funds to their bank accounts instantly. This initiative aligns with the growing demand for digital payment solutions, particularly in the wake of the pandemic.
Elon Musk's X has partnered with Visa to launch the X Money Account, enabling users to transfer funds between bank accounts and their digital wallets, as well as make instant peer-to-peer payments. This initiative marks X's first step towards creating a comprehensive financial ecosystem, with plans for further financial partnerships and services expected to roll out soon. The X Money service is anticipated to launch in the first quarter, allowing creators to manage payments and funds independently.
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senators urge investigation into musk's influence on advertisers for x
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19:10 06.03.2025
elon musk's x files antitrust lawsuit against major advertisers over boycott
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Elon Musk's X partners with Visa to launch real-time payment service
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09:51 29.01.2025
Elon Musk's X partners with Visa to launch X Money Account services
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20:50 28.01.2025
X partners with Visa to launch real-time payment service for everything app
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visa partners with x to launch x money accounts this year
19:04 28.01.2025
X partners with Visa to enhance digital payment solutions for users
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17:53 28.01.2025
Elon Musk's X partners with Visa to launch digital wallet services
15:58 28.01.2025
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