X Outage: Users Report Issues with App and Website Access Users across India reported significant disruptions on Tuesday evening as the X platform, formerly known as Twitter, experienced a widespread outage. According to outage-tracking service Downdetector, over 3,836 reports were logged during the incident, with a sharp increase in complaints around 8:24 PM IST. The technical difficulties prevented users from accessing the app, website, and feed, making it impossible to post or share content. The outage affected both individual users and businesses reliant on the platform for communication and updates. The exact cause of the disruption remains unclear, and X has not yet released an official statement or explanation. The company, which is currently led by Elon Musk, has faced several technical challenges in recent months, including previous outages and ongoing issues with its platform’s performance. While some users speculated that the problem could be related to server maintenance or software updates, no confirmation has been provided. The incident highlights the growing reliance on X as a primary communication tool, particularly in regions like India where the platform has a massive user base. The outage disrupted real-time interactions, affecting social media activity, customer engagement, and even news dissemination. Analysts noted that such incidents can have ripple effects on businesses and public discourse, emphasizing the need for robust infrastructure and contingency plans. Downdetector, which tracks service outages globally, confirmed that the outage was among the most significant in the platform’s history. The spike in reports during the evening hours suggests that the issue may have coincided with peak usage times, exacerbating the impact on users.#india #elon_musk #x #downdetector #twitter
Elon Musk and the Securities and Exchange Commission are in discussions to resolve a civil lawsuit over allegations that he violated securities laws during his acquisition of Twitter. The SEC accused Musk of failing to disclose his significant stake in the social media company in a timely manner, which the regulator claims allowed him to purchase shares at unfairly low prices. According to a court filing released on Tuesday, the SEC stated it is engaged in talks to reach a potential resolution that could avoid further legal proceedings. The lawsuit, filed by the SEC in January 2025, is being handled in a federal court in Washington, D.C. Separately, a class-action lawsuit brought by former Twitter investors is progressing in a San Francisco federal court, with a jury set to deliberate soon. Musk, who serves as CEO of Tesla and SpaceX, acquired Twitter for $44 billion in late 2022 and rebranded it as X the following year. Before the purchase, he had accumulated a stake exceeding 5%, a threshold requiring public disclosure within 10 days. However, Musk delayed filing the required disclosure, prompting the SEC’s legal action. The regulator argued that his failure to disclose the stake created an unfair advantage, enabling him to buy shares at artificially low prices and disadvantaging other investors. The SEC’s complaint highlighted the potential harm caused by Musk’s actions, emphasizing the impact on market fairness. Musk’s legal team has not yet commented on the matter, and the SEC has also declined to provide further details. This case follows a previous settlement involving Musk and the SEC over securities fraud charges at Tesla, where Musk and the company paid $20 million in fines and Musk temporarily stepped down as chairman of Tesla’s board.#securities_and_exchange_commission #tesla #elon_musk #x #twitter
Musk's motives are debated as Twitter shareholder trial nears end A federal jury in San Francisco is deliberating whether Elon Musk defrauded former Twitter shareholders by publicly questioning the company’s bot problem in 2022, which allegedly drove down its stock price. The trial, which began on March 2, centers on whether Musk’s statements about the platform’s fake accounts constituted securities fraud. Lawyers for the plaintiffs argue that Musk’s repeated claims about the scale of bots—saying the percentage could be 20% or more—were designed to pressure Twitter’s executives and undermine investor confidence. Mark Molumphy, the lawyer representing the shareholders, told the jury that Musk’s actions were deliberate. He cited three instances where Musk publicly raised concerns about the number of bots on Twitter, claiming the figure could be four or five times higher than the 5% disclosed by the company. Molumphy argued that Musk knew Twitter had understated the bot count by April 2022, when he signed the merger agreement to acquire the company for $44 billion. “He trashed the company. Trashed the executives. And tanked the stock,” Molumphy said during his closing argument. Musk’s defense, led by attorney Michael Lifrak, countered that the billionaire had genuine concerns about the bot problem and was focused on assessing its severity, not on manipulating the stock price. Lifrak dismissed the plaintiffs’ claims, stating that two tweets and a podcast did not constitute securities fraud. He emphasized that the plaintiffs had not provided evidence of intentional deception, only speculation that Musk’s silence would have prevented the stock decline. “The only thing the plaintiffs have told you is that if Mr. Musk hadn’t said anything, the stock wouldn’t have gone down,” Lifrak said. “But they didn’t prove fraud.#san_francisco #elon_musk #mark_molumphy #michael_lifrak #twitter
