BEIJING (Reuters) – China’s internet regulator said on Saturday it has directed its Beijing branch to impose disciplinary measures on livestreaming platform Kuaishou Technology and social media company Weibo. The Cyberspace Administration of China (CAC) said in statement the actions to be taken include summoning company representatives, issuing official warnings, and ordering rectifications within a…
(Reuters) -Billionaire Elon Musk on Thursday filed a motion to dismiss the U.S. Securities and Exchange Commission’s civil lawsuit that accused him of waiting too long in 2022 to reveal his large stake in Twitter. Musk later renamed the social media company X after buying it. (Reporting by Shubham Kalia in Bengaluru; Editing by Himani…
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Can a moonshot company escape its leader’s political baggage? What if the company’s success is in part bound up in that polarizing activity? Elon Musk is back in reassurance mode, professing his overarching…