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Elon Musk offers to help finance lawsuits against Disney

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Billionaire entrepreneur Elon Musk has announced his willingness to financially support individuals seeking legal action against Disney for alleged discrimination.

Musk’s offer, made through his platform X, comes as the latest development in an ongoing feud between him and Disney’s CEO, Bob Iger.

Musk took to X to extend his support to those who claim they have faced discrimination at the hands of Disney or its subsidiaries, including ABC, ESPN, and Marvel.

This initiative coincided with actress Gina Carano’s lawsuit against Disney and Lucasfilm, backed by Musk’s financial support, alleging wrongful termination from the television series “The Mandalorian.”

Animosity brewing

The animosity between Musk and Disney has been brewing for several months, marked by public criticisms and strategic maneuvers.

Musk’s recent tweets criticizing Disney further underscore the intensifying nature of the conflict.

Despite queries regarding Musk’s actions, Iger declined to comment in a CNBC interview, leaving the situation open to speculation. Independent tech analyst Debra Aho Williamson views Musk’s actions as a warning to brands associated with X, suggesting potential consequences for those who provoke his ire.

The rift between Musk and Disney traces back to Disney’s decision to pull advertising from X amid controversies surrounding Musk’s posts on the platform.

Musk responded vehemently, accusing Disney and other advertisers of attempting to blackmail him.

Legal battles

Musk’s support for Carano’s lawsuit follows his previous commitment to fund legal battles for individuals alleging unfair dismissal due to their social media activity.

X reaffirmed its dedication to free speech and empowerment in a statement supporting Carano’s lawsuit.

The feud extends beyond social media clashes, with Musk openly advocating for changes within Disney’s management, including the removal of Iger.

He has also aligned himself with activist shareholder Nelson Peltz, criticizing Disney’s board and advocating for strategic shifts within the company.

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President Biden signs TikTok bill – what’s next?

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TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

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Threading the needle: Meta’s new platform finally dethrones X

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Threads, the social media platform owned by Meta, is gaining traction with a surge in daily active users, outpacing X in the U.S.

 

With Threads averaging 28 million daily active users compared to X’s 22 million, Meta’s ambitions to reach a billion users seem within reach despite a slowdown in growth. While X still boasts 550 million monthly active users globally, Threads’ focus on user experience and avoidance of real-time and political content could position it as a formidable competitor moving forward.

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Zendaya is serving in saucy sports drama “Challengers”

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This weekend’s entertainment lineup has something for everyone.

Apple TV+ brings “Sugar,” a drama set in New York City, while “Civil War” offers historical intensity.

“Challengers” with Zendaya brings a saucy sport drama to life, and superhero buffs can catch the trailer for “Deadpool and Wolverine” for action-packed fun.

With options spanning drama, history, reality, and superheroes, there’s excitement in store for all this weekend.

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