Meta Chief Mark Zuckerberg Comments on Threads About Cage-Fight Against X’s Head Elon Musk

Meta co-founder and CEO Mark Zuckerberg took to Threads on Monday to post about his ‘cage-fight’ with Elon Musk, the owner of X (formerly Twitter). 

The development comes as Musk on Sunday said that his potential in-person fight with Mark Zuckerberg would be streamed on his social media site X.

Sharing a screenshot of Musk’s X post on Threads, Zuckerberg said, “Shouldn’t we use a more reliable platform that can actually raise money for charity?” On Musk’s post about preparing for the fight, Zuckerberg replied on Threads, saying “I am ready today. I suggested Aug 26 when he first challenged, but he hasn’t confirmed.” “Not holding my breath”, the Meta top boss added.

The two tech billionaires purportedly agreed to a “cage match” face-off in late June.

Zuckerberg is trained in mixed martial arts (MMA) and was recently promoted to blue belt in the Brazilian self martial art and combat sports jiu-jitsu.

Musk posted on X Monday morning that he would choose the World Wrestling Entertainment (WWE) format for the fight.

“Am going with @WWE as my fighting style,” the Tesla chief and richest person on the planet, said.

The banter between Musk and Zuckerberg has gained social media attention, especially after Zuckerberg launched Threads, which is seen as a rival to the Musk-owned Twitter (now X).

It all started when Musk, who owns X, responded to a tweet about Meta preparing to release the purported ‘Twitter-killer’ Threads.

He took a dig about the world becoming “exclusively under Zuck’s thumb with no other options” — but then one Twitter user jokingly warned Musk of Zuckerberg’s jiu-jitsu training.

“I love sport and will continue competing with people who train no matter what happens here,” Zuckerberg posted on Threads Monday. In fact, the Meta top boss has been using Threads extensively for sharing updates, ever since the social media giant launched Twitter’s rival last month.

With Musk’s record of tweeting about action prematurely or without following through, it is yet to be seen whether or not the two social media owners actually make it to the ring in Las Vegas.


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Elon Musk Says Cage Fight With Meta CEO Mark Zuckerberg Will Be Livestreamed on X

Elon Musk said in a social media post that his proposed cage fight with Meta CEO Mark Zuckerberg would be live-streamed on social media platform X, formerly known as Twitter.

The social media moguls have been egging each other into a mixed martial arts cage match in Las Vegas since June.

“Zuck v Musk fight will be live-streamed on X. All proceeds will go to charity for veterans,” Musk said in a post on X early on Sunday morning, without giving any further details.

Earlier on Sunday, Musk had said on X that he was “lifting weights throughout the day, preparing for the fight”, adding that he did not have time to work out so brings the weights to work.

When a user on X asked Musk the point of the fight, Musk responded by saying “It’s a civilized form of war. Men love war”.

Meta did not respond to a Reuters request for comment on Musk’s post.

The brouhaha began when Musk said in a June 20 post that he was “up for a cage match” with Zuckerberg, who is trained in jiujitsu.

A day later, Zuckerberg, 39, who has posted pictures of matches he has won on his company’s Instagram platform, asked Musk, 51, to “send location” for the proposed throwdown, to which Musk replied “Vegas Octagon”, referring to an events centre where mixed martial arts (MMA) championship bouts are held.

Musk then said he would start training if the cage fight took shape.

© Thomson Reuters 2023


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Coinbase Requests US Judge to End Violation Lawsuit Filed by SEC

Coinbase Global on Friday asked a judge to end the US Securities and Exchange Commission’s lawsuit accusing the world’s largest publicly traded cryptocurrency exchange of violating federal securities laws.

In a filing in federal court in Manhattan, Coinbase said the SEC had no authority to pursue its lawsuit because the digital assets and services it objected to did not qualify as securities, and said the agency has overreached.

“Our core argument is simple – we do not offer ‘investment contracts’ as that term has been construed by decades of Supreme Court and other binding precedent,” Coinbase Chief Legal Officer Paul Grewal said in a post on X, formerly Twitter

A spokesperson for the SEC declined to comment beyond their public filings.

Coinbase was sued by the SEC in June, and accused of operating illegally as a national securities exchange, broker, and clearing agency without registering with the regulator.

Growing friction between the crypto sector and the top US markets regulator has escalated amid a series of lawsuits the SEC has filed against the world’s largest crypto platforms.

The SEC has said the platforms needed to register and operate in a manner akin to those dealing in stocks or bonds, while the crypto sector says that new legislation is needed. Firms are closely watching the litigation between the SEC and Coinbase, with some onlookers deeming it an “existential” clash.

In the last month, two federal judges in Manhattan diverged, in SEC lawsuits against crypto firms Ripple Labs and Terraform, over whether the regulator overstepped its authority by trying to regulate the sector.

Coinbase leaned on the recent Ripple matter in Friday’s filing, noting the SEC’s lawsuit hinges on the type of transactions that the judge deemed outside of the regulator’s jurisdiction.

Shares of Coinbase fell 3.8 percent on Friday. 

© Thomson Reuters 2023  


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X to Now Let Users Stream Live Videos, Elon Musk Announces New Feature

Elon Musk, who recently rebranded Twitter as X, has teased people with a new feature on the microblogging site. On Friday, the billionaire posted a live video, also featuring some employees from X, raking 4.9 million users. In another tweet, he shared about the live video feature being live. Users can stream live clips using the blue coloured, camera logo. A day before, Musk announced another feature that now allows verified users to download videos from the platform, if the content creators who post them allows to do so.

“Live video now works reasonably well,” Musk posted on X along with the image of the camera icon.

The announcement generated over 3.5 million views and over 40,000 engagements within the first two hours of Musk posting it.

The development comes after Musk went live for 53 seconds on X last night, along with his office team. At the time, the billionaire had not disclosed any information of this upcoming feature.

Replying on one of the comments, Musk also said that the feature will require further refinement.

A day earlier, Musk announced another new feature for X that lets users download videos. However, only verified users will be able to download these videos from content creators who allow the videos to be downloaded.

As part of his ongoing Twitter revamping, Musk has taken up the role of product and engineering chief at X.

On July 23, the billionaire posted about changing Twitter’s blue bird logo to a minimal X, along with its name and domain address. The change was quick to reflect on X’s iOS, Android, as well web versions.

From monetising verification ticks on X to introducing more features almost every week, Musk is accelerating efforts to make X ‘the everything app’.

In July, Musk announced that the monthly users on the platform have spiked to a ‘new high’ to reach the mark of 540 million.


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X Now Allows Users to Hide Their Blue Check Marks After Paying Monthly $8 Subscription Fee: How It Work

After the implementation of paid subscription service which charges $8 (roughly Rs. 660) for a blue verification badge on the microblogging site, X CEO Elon Musk has introduced a new feature to hide the Blue tick.

According to the Help page of the micro-blogging site, one of the features reads, “Hide your checkmark: As a subscriber, you can choose to hide your checkmark on your account. The check mark will be hidden on your profile and posts. The checkmark may still appear in some places and some features could still reveal you have an active subscription. Some features may not be available while your checkmark is hidden. We will continue to evolve this feature to make it better for you.”

As per a Mashable report, for subscribers to Twitter Blue, the “Hide your blue checkmark” option is visible in the “Profile customisation” page in your Account Settings.

Twitter first introduced the blue check mark system in 2009 to help users identify celebrities, politicians, companies, brands, news organizations, and other accounts “of public interest” as genuine and not impostors or parody accounts. The company didn’t previously charge for verification.

Musk launched Twitter Blue with the check-mark badge as one of the premium perks within two weeks of the company’s takeover last year.

On April 1, Twitter removed blue ticks from verified accounts, following the implementation of paid subscription service which charges USD 8 for a blue verification badge on the microblogging site.

B-town celebrities including Amitabh Bachchan, Shah Rukh Khan, and Alia Bhatt, politicians CM Yogi Adityanath, Rahul Gandhi and Priyanka Gandhi, and cricketers Virat Kohli and Rohit Sharma are among those who lost their verified blue ticks from their Twitter accounts. But, others got the badge back after a few days.

Notably, on July 24, Twitter replaced its recognisable bird logo with the letter “X” as its new official mark.

Earlier, Musk, also the CEO of Tesla, said after certain organisational changes, the number of monthly users of social media site X, formerly known as Twitter, had hit a “new high.”

He posted a graph of user statistics that indicated the most recent count to be above 540 million.

In the post, Musk also referred to this design as an “interim” one, suggesting that there may be other logo changes in the future.

According to a report by US-based tech portal TechCrunch, it’s possible that the social network won’t stop changing the logo. According to Musk, the business would eventually “bid adieu to the Twitter brand and, gradually, all the birds.” 


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Elon Musk Takes Product and Engineering Chief Role at X, Yaccarino to Lead All Other Divisions

X owner Elon Musk and Chief Executive Linda Yaccarino will both oversee the trust and safety team at the company formerly known as Twitter, the social media concern said on Monday.

X’s product and engineering team will report to Musk, while Yaccarino will oversee all other divisions, including human resources, legal, finance, sales and operations, X said.

The trust and safety team, which is responsible for content moderation, has been the focus of some criticism of the platform after Musk acquired the company last October. Researchers have accused X of relaxing content guard rails, leading to a spike in harmful posts. The company has said the majority of content views are of “healthy” posts.

In an email to X employees on Monday, which was shared with Reuters, Yaccarino said the company is searching for a new leader for brand safety and suitability.

The previous head of brand safety, A.J. Brown, who worked on efforts to prevent advertisements from appearing next to unsuitable content, left the company last month.

Yaccarino said in the email that three X leaders will oversee different responsibilities within trust and safety, including law enforcement operations and threat disruptions.

The changes to trust and safety come after Ella Irwin resigned as head of the team in June.

© Thomson Reuters 2023


Samsung launched the Galaxy Z Fold 5 and Galaxy Z Flip 5 alongside the Galaxy Tab S9 series and Galaxy Watch 6 series at its first Galaxy Unpacked event in South Korea. We discuss the company’s new devices and more on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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Twitter Now ‘X’ on Both Android and iOS Platforms; Tweets Relabeled as ‘Posts’

Twitter was recently rebranded as X by owner Elon Musk. On Friday, Musk claimed that the social media platform reached “new heights” with more than 540 million monthly users as compared to the reported 229 million monthly active users in May 2022. Musk took over the site in November 2022, and has since made several changes including laying off almost 50 percent of the firm’s workforce and appointing Linda Yaccarino as the CEO. This rebrand is the latest among all of Musk’s changes and riptides, as Twitter continues to struggle with its advertisement revenue.

Between talks of the patent rights of the letter X, the mobile application icon for Twitter on both Android and iOS platforms has changed to ‘X’ with an update. Now, the content shared by users, previously known as tweets, are now called posts. The Twitter 10.1.0-beta.1 version now appears on some Android devices at ‘X Beta,’ although the apk file is still called com.twitter.android. Even on Apple’s iOS handsets, the update appears with the new logo but the old name.

X for Android has also changed the “Tweet” option on the bottom right corner of the homepage to “Post,” which suggests that Musk’s idea of rebranding is to do away with all things old and essential of Twitter. Each step is closer to achieving his dreams of building “the Everything App.”

It is likely that Musk’s rebrand train may face a few legal roadblocks. The alphabet or the symbol X is very widely used and it could be a potential legal point of conflict. Case in point, its rival social media platform Facebook-parent Meta Platforms owns a 2019-registered federal trademark registered which covers a blue-and-white letter “X” for fields including software and social media. Even Microsoft has owned an X trademark since 2003 with regard to communications about its Xbox video-game system.

Experts say that the companies are likely to not sue unless they feel threatened that Twitter’s X “encroaches on brand equity they built in the letter.” Notably, even Meta faced legal backlash from investment firm Metacapital and virtual-reality company MetaX when they changed their name from Facebook to Meta and later settled over its infinity-symbol logo.


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Meta Plans to Work on Boosting Retention on Threads After App Loses More Than Half of Its Users

Meta Platforms executives are heavily focused on boosting retention on their new Twitter rival Threads, after the app lost more than half of its users in the weeks following its buzzy launch, CEO Mark Zuckerberg told employees on Thursday.

Retention of users on the text-based app was better than executives had expected, though it was “not perfect,” said Zuckerberg, speaking at an internal company town hall, the audio of which was heard by Reuters.

“Obviously, if you have more than 100 million people sign up, ideally it would be awesome if all of them or even half of them stuck around. We’re not there yet,” he said.

Zuckerberg said he considered the drop-off “normal” and expected retention to grow as the company adds more features to the app, including a desktop version and search functionality.

Meta is looking at adding more “retention-driving hooks” to entice users to return to the app, like “making sure people who are on the Instagram app can see important Threads,” said Chief Product Officer Chris Cox.

A company spokesperson declined to comment on the meeting.

The executives’ comments came a day after Meta wowed investors with a rosy revenue growth forecast, a sign of a comeback for a company that faced deep scepticism over its hefty spending on the metaverse last year as ad sales plummeted.

The disclosure sent Meta’s shares surging 8 percent on Thursday.

Zuckerberg told employees on the call that he believed the company’s work on the augmented and virtual reality technology that would power the metaverse was “not massively ahead of schedule, but on track.”

Meta, he added, needed to get started investing in that work ahead of rivals such as Apple, Google and Microsoft, given their years of experience building operating systems for existing products.

“That way, we have all the tools ready for when this is ready for prime time,” he said, predicting that mass adoption of metaverse technologies would take place in the 2030s.

Zuckerberg and Cox also highlighted the company’s release of an artificial intelligence model called Llama 2 this month, which it made freely available for commercial use to any developer whose services had fewer than 700 million users.

The model has received more than 150,000 download requests in the week since its release, Cox said.

Responding to a question on the proposed “cage match” against Elon Musk, Zuckerberg said he was “not sure if it’s going to come together.”

© Thomson Reuters 2023


Is the iQoo Neo 7 Pro the best smartphone you can buy under Rs. 40,000 in India? We discuss the company’s recently launched handset and what it has to offer on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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