12 – 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.

The great scrollback of AlexandriaThe great scrollback of Alexandria
Verge Staff
Richard Lawler
Richard Lawler
Is Threads signing a major free agent away from Elon Musk?

Even as big advertisers exit, sports Twitter has continued going strong. But now the official Threads account announced that sports/NBA Twitter’s newsbreaker Adrian Wojnarowski “has landed” and is doing a Q&A Friday.

If “woj bombs” are on the move, it might be about more than hashtags — Wojnarowski works at ESPN, which is still owned by Disney. Musk singled out Disney CEO Bob Iger with his “go f yourself” comments last week, then followed up with more attacks and accusations today while misspelling Iger’s name and saying “He should be fired immediately.”

Nilay Patel
Nilay Patel
“Welcome to hell, Elon” has now been cited in a Supreme Court brief.

Amicus briefs in the big First Amendment case against the bad Texas and Florida social media laws are getting filed, and Public Knowledge’s submission contains a citation to Welcome to hell, Elon as support for the idea that the real product of any social platform is content moderation. I truly hope Clarence Thomas reads this thing.

A screenshot of a citation in a Supreme Court brief to “Welcome to hell, Elon” by Nilay Patel at The Verge.
Together, we are part of our nation’s history.
Alex Heath
Alex Heath
Here’s why Threads doesn’t have chronological search results

According to Instagram boss Adam Mosseri, doing so would open the app up to “spammers and other bad actors” who would “pummel the view with content by simply adding the relevant words or tags.”

It’s another example of how Threads continues to resist the real-time nature of the platform formerly known as Twitter.

Emma Roth
Emma Roth
X is turning to small to medium-sized businesses to offset the advertising exodus.

After Elon Musk’s endorsement of an antisemitic post led Apple, Disney, IBM, and other major companies to pull advertising from the platform, now an X spokesperson tells the Financial Times it will target smaller businesses instead:

‘Small and medium businesses are a very significant engine that we have definitely underplayed for a long time,’ the company told the Financial Times. ‘It [was] always part of the plan — now we will go even further with it.’

Musk had some choice words for the advertisers who fled the platform during NYT’s DealBook event on Wednesday and said their boycott will “kill” the company.

Kevin Nguyen
Kevin Nguyen
The bird is freed (and the book is available for pre-order).

Verge alum Zoë Schiffer just announced her new book, Extremely Hardcore: Inside Elon Musk’s Twitter, which will expand on her reporting from Platformer, New York Magazine, and of course, this very website. Here’s what Bloomberg’s Matt Levine has to say about it:

Zoë Schiffer has written the definitive book on perhaps the weirdest business story of our time. A fast-paced and riveting account of a hilarious and tragic mess.

The book comes out next February. Pre-order it!

The cover of Zoë Schiffer’s book, Extremely Hardcore
Richard Lawler
Richard Lawler
X CEO responds after X CTO tells departing advertisers to “go fuck yourself.”

On Wednesday, X owner, executive chair, and chief technical officer Elon Musk used his interview at the DealBook Summit 2023 event to antagonize advertisers (singling out Disney CEO Bob Iger, who was present) that paused doing business with the company, as well as clarifying his previous statements in ways that probably made them worse.

Now the company’s CEO Linda Yaccarino has chimed in with... this in a post on X:

Today @elonmusk gave a wide ranging and candid interview at @dealbook 2023. He also offered an apology, an explanation and an explicit point of view about our position. X is enabling an information independence that’s uncomfortable for some people. We’re a platform that allows people to make their own decisions. And here’s my perspective when it comes to advertising: X is standing at a unique and amazing intersection of Free Speech and Main Street — and the X community is powerful and is here to welcome you. To our partners who believe in our meaningful work — Thank You.

Elon Musk tells advertisers: ‘Go fuck yourself’Elon Musk tells advertisers: ‘Go fuck yourself’
Jacob Kastrenakes and Mia Sato
Mia Sato
Mia Sato
No mention of X suing Media Matters.

We’re nearing the end of this interview, but Sorkin hasn’t yet asked Musk about X’s lawsuit against Media Matters, which reported that ads were appearing next to Nazi content.

Mia Sato
Mia Sato
Sorkin asked about X’s throttling of his employer.

This came right in the middle of a discussion around “free speech” on X. Over the summer, Times links on X took longer to load — Musk didn’t directly answer Sorkin’s question on whether he made a choice to punish the Times.

His response: “Free speech is not exactly free. It costs a little bit.” He referenced the Times not being a paying X user.

Mia Sato
Mia Sato
There’s a noticeable difference between this interview and others today.

Sorkin is interjecting and pushing back less, the discussion is meandering, and we’re about 30 minutes over schedule. I’ve lost count of the number of times Sorkin has said, “let me ask you a different question” in order to pivot to something else.

Mia Sato
Mia Sato
Musk on the OpenAI meltdown.

Musk says he hasn’t found anyone who knows why Sam Altman was ousted (and eventually brought back) — but believes a recent AI breakthrough could have caused the power struggle. A recent report suggested that OpenAI may have made progress towards AGI.

Mia Sato
Mia Sato
Behind Musk and Sorkin, balloons read “Let Gaza live.”

The DealBook stage sits in front of floor-to-ceiling windows overlooking Manhattan. The balloon letters are floating in and out of view behind the background screen outside. It’s unclear who’s behind them.

Mia Sato
Mia Sato
The Musk interview has taken a turn.

In a strange turn, we’re now watching Sorkin and Musk talk about the interior “storm” in Musk’s mind.

“Is it a happy storm?” No, says Musk. I’m not sure how we got here.

Jacob Kastrenakes
Jacob Kastrenakes
Musk says the antisemitic post was a “mistake.”

Here’s Musk responding onstage at DealBook:

I should in retrospect not have replied to that one person and should have written in greater length what i meant. But those clarifications were ignored by the media and essentially I handed a loaded gun to those who hate me and arguably to those who are antisemitic. And for that I’m quite sorry, that was not my intention.

He later called it, “One of the most foolish — if not the most foolish — thing I’ve done on the platform.”

Of course, when it comes to how Musk feels about the advertiser boycott in response, he isn’t so willing to acknowledge his role in the matter.

Mia Sato
Mia Sato
“Go fuck yourself.”

That’s Musk’s on-stage message to advertisers who he says are “blackmailing” him — i.e. the companies like Disney, Apple, IBM, and many more that are pulling ads from the platform after his antisemitic posts.

Mia Sato
Mia Sato
The first question is about Musk’s recent antisemitic posts on X.

“[The trip to Israel] wasn’t in response to that at all,” Musk says of his post — it wasn’t an “apology tour.”

“I have no problem being hated.”

Musk tells Sorkin the only reason he’s here is because he’s a friend. Musk keeps laughing. The vibe is chaotic.

Mia Sato
Mia Sato
We’re waiting on Elon Musk.

The room here at DealBook is packed for the last session of the day — and perhaps the most anticipated one. Nobody has come up in more sessions throughout the day than Musk. X CEO Linda Yaccarino is here, too.

Mia Sato
Mia Sato
On Disney pulling ads from X.

Disney is one on a growing list of companies that have stopped advertising on X, formerly known as Twitter, following antisemitic posts from Elon Musk.

During his interview at the DealBook 2023 event, Bob Iger didn’t comment on whether Disney would ever go back to advertising on X, but he had this to say about the decision:

By him taking the position he took, we felt that the association with that position, and Elon Musk and X, was not a positive one for us.

David Pierce
David Pierce
This is why I hate five-star ratings!

Tobias van Schneider has it exactly right: a five-star rating is actually four options that all mean “this sucks,” varying levels of “it’s good” between 4.1 and 4.9, and then 5 stars just means you’re a liar. This is... not a good system, and it’s the same confusing mess everywhere on the internet!

Mia Sato
Mia Sato
Checking in from DealBook.

I’m here in New York at The New York Times’ DealBook Summit, an annual gathering of some of the most powerful people in the world.

Over the course of the day we’ll be hearing from people like Bob Iger, David Zaslav, Nvidia CEO Jensen Huang, and FTC chair Lina Khan — and we’ll close out the day with an interview with Elon Musk. Check back in for news as the day goes on.

Thomas Ricker
Thomas Ricker
Paris Hilton pulls Twitter ads, but the NFL is staying.

Hilton’s entertainment company has pulled an advertising campaign from Elon Musk’s X over concerns about antisemitism and pro-Nazi content on the site previously known as Twitter, but the NFL is sticking around because its “fans are clearly there.” Guess we know who has more integrity.

Wes Davis
Wes Davis
Congress subpoenaed Linda Yaccarino and other social media CEOs after they refused to cooperate.

The Washington Post reports that the Senate Judiciary Committee dispatched subpoena-armed US Marshals to CEOs Linda Yaccarino of X (formerly Twitter) and Jason Citron of Discord for December 6th testimony about online child sexual exploitation. Snap CEO Evan Spiegel was also subpoenaed but without the use of Marshals.

Lawmakers expect Meta’s Mark Zuckerberg and TikTok’s Shou Zi Chew to testify voluntarily as Congress continues to try to child-proof the internet with regulation.

Wes Davis
Wes Davis
X, formerly Twitter, turns to political ads to shore up its ads business.

Company CEO Linda Yaccarino has tasked her son, Matt Madrazo, with getting the ads. Semafor’s sources say he’s been quietly probing Republican political ad firms ahead of the 2024 elections, while former Pandora veteran Jonathan Phelps tries for Democrat spenders.

The play comes as money from Apple, Disney, and others dries up.

Jay Peters
Jay Peters
X is backing one of the smallest-stakes legal fights imaginable.

The Financial Times reports that X is representing a university student who got in trouble for claiming on X that an event was open and had free food. The event was actually a closed conference.

X owner Elon Musk claimed in August that the company would “fund your legal bill” for users that feel they “were unfairly treated by your employer due to posting or liking something on this platform,” so it seems the company is starting to do so in one of the dumbest possible cases.

Alex Heath
Alex Heath
Sam Altman has thoughts on Grok.

The CEO of OpenAI has weighed in on the new chatbot from Elon Musk— on Musk’s own social platform, no less!

For those who don’t know the backstory here, Musk was instrumental in the creation of OpenAI but walked away from it and is now trying to compete with ChatGPT. (And GPTs are custom AI bots that OpenAI just started letting ChatGPT subscribers create.)