Accountancy firm did not want to be associated with former US president’s social media venture
Tesla boss shows Argentine president Texas factory where they talked about lithium, Brazil and a disdain for bureaucracy
TikTok’s Chinese owner offers nearly $171 a share as US employees grow concerned about tax bill on unsold stock
World’s largest record label had muted her songs on the social media site over a royalties dispute
Also in this newsletter: can social media influencers help protect EU elections?
Chinese control of a powerful ‘persuasive AI’ tool cannot be tolerated
Upgrades are part of a wave of new large language models being released this year
Current and former employees of video app’s Chinese parent ByteDance in outcry over stock award liabilities
X owner calls for impeachment of Supreme Court judge over order banning certain profiles on platform
YouTubers and TikTokkers are being turned into deepfake doppelgängers to promote products and spread disinformation
Auditor warns of ‘substantial doubt’ about future of business as it reports less than $1mn in quarterly revenue
Social media doesn’t have to be so polarising but the options to dissent are limited
Monetising messaging apps is not easy, and listing changes the power structure and forces greater disclosure
Heavy trading in company behind Truth Social fuels talk of a new cycle of ‘meme stock mania’
And so is justifying the Trump Spac at $60 a share
Plus, the heat rises on Sullivan Cromwell’s FTX fees and Adam Neumann begins to put together a WeWork bid
Shares of company behind former president’s Truth Social platform rise 16% in first day of trading
TMTG looks like a rightwing meme stock combined with the classic pathologies of the blank cheque bubble
Also in this newsletter: UN Security Council calls for ceasefire in Gaza, UK accuses China of cyber attacks, neurodiversity in the workplace
US judge says case appeared to be directed at ‘punishing’ non-profit Center for Countering Digital Hate
Big Tech groups are the first to face full investigations under bloc’s Digital Markets Act
Europe’s creator economy is growing rapidly as more consumers and brands turn from traditional media to online platforms
Shanghai-based unicorn known as ‘little red book’ brought in $500mn in net profit last year
Having all the products of human civilisation at your fingertips can feel overwhelming
Bosses sell hundreds of millions of dollars in company shares this quarter in sign that markets may be peaking
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