11 – Breaking News & Latest Updates 2026
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Twitter - X

Twitter was never the largest social network, but it remained one of the most influential as a home to celebrities, journalists, and influencers of all sorts and the go-to network for breaking news. Since Elon Musk purchased it, Twitter’s employee count has dropped by more than half, advertisers have tightened budgets, and it’s charging money for access to verified checkmarks and Tweetdeck. Oh, and now it’s called X instead of Twitter.

Why Elon Musk needs MrBeastWhy Elon Musk needs MrBeast
Jacob Kastrenakes
Wes Davis
Wes Davis
Appeals judges denied Twitter’s argument for not turning over Trump records on time.

The company, which had been fined $350,000 for the delay, argued that President Donald Trump should have been notified when prosecutors investigating him for election interference issued a search warrant for his account data, according to The Washington Post.

Twitter, now X, can appeal to the Supreme Court, which recently declined to hear the company’s broader legal challenge arguing that it should be able to publicly share government demands for user data.

Elizabeth Lopatto
Elizabeth Lopatto
Where did the Twitter office decor wind up?

The giant hashtag statue? Jon Ball, a former Twitter engineering manager, owns that. (“I think I got a pretty decent deal on that,” he said. “My wife doesn’t think so.”) Paintings of famous Twitter moments? People bought those, too. What was the experience of the auction like? “It’d be like if somebody you love went bankrupt and then you’re bidding on the remains.”

There are still some mysteries, though — like where the log cabin went.

Emma Roth
Emma Roth
Senators are urging the SEC to investigate how its X account was hacked.

After the SEC’s X account was hijacked to post the agency’s premature approval of Bitcoin ETFs, Senators Ron Wyden (D-OR) and Cynthia Lummis (R-WY) are looking for answers — particularly, whether the SEC had 2FA turned on.

SEC’s failure to follow cybersecurity best practices is inexcusable, particularly given the agency’s new requirements for cybersecurity disclosure... We urge you to investigate the agency’s practices related to the use of MFA, and in particular, phishing-resistant MFA, to identify any remaining security gaps that must be addressed.

Elizabeth Lopatto
Elizabeth Lopatto
What was the point of the Twitter / X hack?

“I kind of don’t understand the trade here?” Bloomberg columnist Matt Levine writes of the hack of the SEC’s Twitter account yesterday, in which a fake approval of Bitcoin ETFs was briefly posted.

Linda Yaccarino was at CES yesterday to try to talk more businesses into using Xitter. If I were a troll, using the opportunity of screwing with one of X’s core constituencies and the feds at that precise moment in time would be too good to pass up. The trade is an epic lol, I believe.

Wes Davis
Wes Davis
X says charges were dropped against a student who posted about free food.

X’s news account claimed responsibility for the University of Illinois at Urbana-Champagne having “rescinded its disciplinary action against Juan David Campolargo,” a student who had gotten in trouble for an account that pointed to events on campus that had free food available.

The low-stakes case was the first apparent instance of the site defending a user in trouble for their posts. The Verge has reached out to the university for confirmation.

Emma Roth
Emma Roth
Even X is giving up on NFTs.

The Elon Musk-owned platform quietly removed the option for Premium subscribers to use NFTs as their profile pictures, as spotted earlier by TechCrunch. X also scrubbed all mention of NFT profile pictures from its support page.

This comes a little less than one year after Meta ended tests that let users share NFTs on Instagram and Facebook.

Richard Lawler
Richard Lawler
X is still promising peer to peer payments in 2024.

X CEO and former award-winning DEI executive Linda Yaccarino is promoting the company’s 2024 plans for AI and Grok, as well as the “video first” experience that included so many unauthorized Super Mario Bros. Movie streams.

Upcoming features mentioned include a “see dissimilar posts” option, as well as payments. The latter is something Elon mentioned when he took over the company, and, as Liz Lopatto explains, has been a pursuit of his for much longer than that.

Jay Peters
Jay Peters
X once again removes headlines from article links.

That sentence may look familiar! Headlines were added back on the web yesterday, but this morning, I noticed they were gone.

X owner Elon Musk said in November that titles would appear over URL cards “in an upcoming release;” hopefully they officially roll out soon.

Jay Peters
Jay Peters
Maybe $1,000 per month was too expensive.

X (formerly Twitter) now has a “basic” tier for Verified Organizations, which gets you a gold checkmark badge (and a few other benefits) for $200 per month instead of $1,000 per month for “full access.”

While X claims this new tier is “designed for smaller businesses,” the more affordable plan is perhaps an admission that not enough businesses are paying for the more expensive plan.

Jon Porter
Jon Porter
X said to be worth less than 29 percent of what Musk paid.

Fidelity, an investor that put over $300 million into Elon Musk’s takeover of Twitter, now believes the company is worth 71.5 percent less than the $44 billion paid for it, Axios reports. That implies a total valuation of between $12 and $13 billion and includes a drop of 10.7 percent in the month of November alone when Musk told advertisers to “go fuck” themselves.

Jacob Kastrenakes
Jacob Kastrenakes
MrBeast to Elon: X is not a good video platform for creators.

Musk keeps asking creators to post their videos to X. Turns out there’s a very obvious reason why they’re not.

The Verge’s 2023 in reviewThe Verge’s 2023 in review
Dan Seifert
Richard Lawler
Richard Lawler
Elon Musk’s X can’t shake off a lawsuit over millions of dollars in unpaid Twitter bonuses.

In this entry into the list of lawsuits over unpaid Twitter bills, Courthouse News reports Mark Schobinger’s class action lawsuit is over unpaid 2022 annual bonuses. Schobinger, notably, is Twitter’s former senior director of compensation.

He says execs’ promises of a 50 percent payout for those who remained through Q1 of 2023 kept employees around during Elon’s “hardcoretakeover, but now the company argues its oral promise wasn’t enforceable. The judge didn’t buy that, writing that “Twitter’s contrary arguments all fail,” so the case will proceed.

X was downX was down
Richard Lawler
Wes Davis
Wes Davis
Crypto scammers are impersonating accounts by manipulating X links.

X (formerly Twitter) will let you replace the username in a post’s URL with... really, whatever you want, and it will still go to the original post. It’s been that way since at least 2019.

Bleeping Computer reported that scammers have been using the trick to direct people to fake crypto giveaways from Binance, Ethereum, and the like. If someone falls for it and connects a wallet, the scammers drain it.

Screenshot of two posts with links that appear to be to Ethereum posts, urging people to buy “DOXcoin.”
A screenshot of two posts that appear to be linking to Ethereum posts, but definitely aren’t.
Screenshot: Wes Davis / The Verge
Wes Davis
Wes Davis
X verified accounts seemed to get away with more misinformation, a new study found.

ProPublica and Columbia University identified over 2,200 false or misleading posts from more than 1,300 verified accounts in the month following the Israel-Hamas war’s beginning, garnering half a billion impressions.

About 80% of the 2,000 debunked [image or video] posts we reviewed had no Community Note. Of the 200 debunked claims, more than 80 were never clarified with a note.

The study follows similar reports from NewsGuard in October and November. Many of the posts shown in ProPublica came after Community Notes improvements X announced in October.

Elizabeth Lopatto
Elizabeth Lopatto
Pop quiz, hotshot: who do you think the sources on this story are?

It’s about Elon Musk bragging to the banks that backed his Twitter takeover that he never lost money for his investors.

Meanwhile:

One multibillion-dollar firm that specialises in distressed debt called X’s debt “uninvestable”.

My guesses are: juniors at the banks angling to make more-senior employees look dumb in order to take their jobs or employees who cautioned against the Musk debt doing a public “I told you so.”

David Pierce
David Pierce
Today on The Vergecast: a 60-year-old Mac, and Twitter In Memoriam.

I have spent an alarming amount of time in the last 24 hours reading thousands of the best tweets anyone ever tweeted. We talked about those tweets, our brushes with main-character-ness, and more. Plus, Will Poor resurrects his extremely old Macintosh, and wonders: how can I make this thing last another three decades?

Kevin Nguyen
Kevin Nguyen
“I got magical raccoon dog testicles on CNN.”

If you missed Sarah Jeong’s piece about the right wing’s coordinated harassment campaign against her (part of our very special Twitter series), you can enjoy it as a TikTok.

Richard Lawler
Richard Lawler
Ad sales on X are reportedly about about a half billion lower than anticipated for 2023.

Bloomberg cites unnamed sources in this report about how much ad revenue has dropped for the platform formerly known as Twitter as its CTO continues to drive advertisers away, saying it’s on track for $2.5 billion this year despite internal targets for $3 billion.

X generated a little more than $600 million in advertising revenue in each of the first three quarters of the year, and is anticipating a similar performance in the current period, according to a person familiar with the numbers. That compares to more than $1 billion per quarter in 2022.

The X head of business operations, Joe Benarroch, is quoted disputing the figures, claiming the sources “are not providing accurate and comprehensive details... We are not Twitter any longer and not measuring ourselves by old Twitter metrics — both in revenue and user metrics.”

Goodbye to all that harassmentGoodbye to all that harassment
Sarah Jeong
Extremely softcoreExtremely softcore
Zoë Schiffer
How Twitter broke the newsHow Twitter broke the news
Nilay Patel