Social Media

Twitter has filed a lawsuit against Texas Attorney General Ken Paxton, claiming the Republican used his office to retaliate against it for banning the account of former President Donald Trump following the riot at the U.S. Capitol.

The tweet is being sold as a non-fungible token, or NFT. An NFT is a unique digital token that can turn any item in the digital world from tweets to Gifs, to videos into a collectible asset. Like Bitcoin and other cryptocurrencies, NFTs are sold and bought via the blockchain. Non-fungible tokens verify authenticity and ownership by encrypting the creator's signature on the blockchain.

Republican state lawmakers are pushing for social media giants to face costly lawsuits for policing content on their websites, taking aim at a federal law that prevents internet companies from being sued for removing posts.

Tesla launched a social hub Friday in a bid to promote dialogue between the brand’s car owners and enthusiasts and the electric car maker’s public policy team.

Reddit on Friday named Andrew "Drew" Vollero as its new chief financial officer as the company reportedly mulls an initial public offering.

YouTube will lift its suspension of former President Donald Trump’s channel once executives determine that “the risk of violence has decreased,” CEO Susan Wojcicki said during an Atlantic Council forum on Thursday.

The fund uses artificial intelligence to track the the top 75 large-cap stocks each month based on positive social media chatter.

Social media company Parler dropped its antitrust lawsuit and filed a separate suit against Amazon and Amazon Web Services this week, alleging breach of contract and defamation.

As the GME frenzy continues, the SEC cracks down on stocks being pumped by social media.