- tech360.tv
Elon Musk Pledges Legal Funding for X Users Fired Over Posts
The CEO of X, formerly Twitter, says he will pay legal bills and sue employers who unfairly treat users for posting or liking content.
Elon Musk announced on X late Saturday that the platform will cover legal costs for users who lose jobs over posts.
He added X won't limit funding and will target company boards too. Musk's comments followed a user's post about threats of lawsuits quickly changing U.S. company behaviours. This pledge comes amid X's falling ad revenue and organisational changes. However, X's user base reached a new high of over 540 million last month per Musk.
X still faces financial struggles though despite user growth. Ad revenue has dropped nearly 50% while debt remains high.
The platform renamed from Twitter to X in July under Musk. This marked a shift towards becoming an "everything app" after 17 years with the iconic Twitter bird logo.
X will fund legal costs if users fired for posts
Musk said X won't limit funding and will sue company boards
Pledge follows user growth but revenue declines
X faces challenges with ad revenue down 50% and debt
Source: REUTERS