Italy's Guardia di Finanza fiscal police has opened a tax probe into Elon Musk’s social network X in a move that could have a broader impact on the ongoing regulatory battle brewing between the European Union and U.

While the value-added tax claim is a trifling sum for X, the case is significant as it hinges on the way social networks provide access to their services.

Italy is claiming 12.5 million euros ($13 million) from Elon Musk's social network X following a tax probe running parallel to one into Meta, four sources with direct knowledge of the matter said, the latest move in a potential test case for the tech sector in Europe.

Meta, AI entrepreneurs, academics, and other charities and activists are criticizing the startup's plan to shed its ties to its non-profit parent.

Delaware built its identity on being home to the world’s largest companies. But after Elon Musk’s Tesla took off for Texas, it’s scrambling to change its laws.

The company’s executives could now earn a bonus representing 200% of their base salary, up from 75%, according to the filing.

Elon Musk was responding to a report claiming that Meta was in talks regarding a new data centre for its AI technology offerings.

X has previously convinced a federal appeals court that forcing social media companies to disclose their content moderation and other policies was unconstitutional.

Grok's Android beta app lacks key features such as voice mode, which is currently garnering significant attention, as well as reasoning capabilities like the Think and DeepSearch features for now.

DeepSeek's rise has not only erased the wealth of tech leaders but has also reshaped the competitive dynamics of the AI industry.

Elon Musk lost $52 billion in net worth since the year began, but he’s still the richest person in the world by a long shot.

Just over half of U.S. adults (54%) say they have an unfavorable view of Musk, and two-thirds of Americans have an unfavorable view of Zuckerberg.