Elon Musk, the owner, chairman, and CTO of X, a social media platform formerly known as Twitter, recently issued a statement claiming that the Office of the Attorney General (OAG), Texas, United States, has agreed to open an investigation into the ongoing conflict between X corp and Media Matters.
The aforementioned conflict between X and Media Matters erupted earlier this month, maligning X’s public perception and resulting in the suspension of advertisement-related activities by significant tech giants on the social media platform.
Following the rundown of X’s public image, Elon Musk stated that the firm is setting all guns ablaze to combat fraudulent activities showcased by numerous media groups, undermining X’s value as a platform empowering free speech.
According to a recent statement released by the Office of the Attorney General in Texas, the regulatory body now plans to open an investigation and crack down on Media Matters for America, a non-profit American media group, for potential fraudulent activities.
Furthermore, the OAG is setting its sights on strenuously enforcing the Texas Business Organizations Code, along with the Deceptive Trade Practices Act, on nonprofits committing fraudulent activities within the state of Texas.
Ken Paxton, the attorney general of Texas, was utterly disturbed following the allegations on Media Matters for fraud and data manipulation on X.com.
According to Paxton, the regulatory entity is closely investigating the issue to ensure that the public has not been misled by the tactics of the radical left-wing groups seeking to restrict freedom by diminishing involvement in public discourse.
Also read: Philippines To Use Its CBDC To Sell Sovereign Bonds On Blockchain
Linda Yaccarino, Chief Executive Officer at X, also commented on the aforementioned chronicle between X and Media Matters. Yaccarino stated that her commitment to truth and fairness is an integral part of who she is, proclaiming not a single authentic X user witnessed IBM’s, Comcast’s, or Oracle’s ads next to antisemitic content.
This comes contrary to the claims bolstered by Media Matters. Furthermore, only two users noticed Apple’s ad next to the antisemitic content, with one being Media Matters itself. This concludes that Data wins over false allegations or manipulations, as stated by Yaccarino.
Also read: Judge Signs Order Approving Arguments Of SEC’s Amici Against Binance
Bitwise has followed VanEck and Grayscale in submitting an Avalanche (AVAX) ETF filing to the…
The first spot Dogecoin and XRP ETFs are set to launch this week, according to…
Coinbase’s Base is exploring the possibility of issuing a native network token, marking a major…
U.S. President Donald Trump is making a last-ditch push ahead of the FOMC meeting this…
PayPal has announced that it will integrate cryptocurrency into its new peer-to-peer payment flow. The…
The Ethereum holdings for BitMine Immersion Technologies have surged to $10.8 billion after rapid accumulation.…