#Elon Musk

#Elon Musk

The government is preparing a series of measures including a social media ban for under-16s, the prime minister, Pedro Sanchez, said, promising to protect children from the digital wild west and hold tech companies responsible for hateful and harmful content. Sanchez said on Tuesday that urgent action was needed because social media was a failed state where laws are ignored and crimes are tolerated.

PayPal ( NASDAQ:PYPL ) shares are falling 18% in morning trading today after the company reported fourth-quarter earnings that missed expectations . Adjusted earnings came in at $1.23 per share, below the $1.29 consensus estimate, while revenue reached $8.68 billion against forecasts of $8.79 billion. The shortfall stemmed from softer consumer spending and slower growth in its branded checkout business, which rose just 1% year-over-year. For 2026, PayPal guided for adjusted profit to decline in the low single digits or be slightly positive, well under the 8% growth analysts expected.

The French offices of Elon Musk's X are being raided by local police, according to the Paris prosecutor's office. The search is being carried out by a cybercrime unit in relation to an investigation opened in January 2025, the Paris Prosecutor's office said in an X post on Tuesday. X has faced investigations and backlash in Europe over sexual images generated by its AI chatbot Grok.

JOE SCARBOROUGH: But, so I'm not gonna Can I just say, though? That's part of the problem. I remember in 2015, 2016, we kept asking on the show, why is this guy right in jail? Be like, what are you talking about? I mean, he got a sweetheart deal in Florida. I mean he was able to He still had the elites around him. Question is, why do people in authority keep protecting You know, all the rich and powerful men that were around him and they keep doing it. And they keep doing it.

The plan approved Tuesday by Prime Minister Pedro Sanchez's leftist government could regularise around 500,000 undocumented workers, in a break with harsher policies seen elsewhere in Europe. Musk posted a link on X - which he owns - to a post by notorious far-right influencer Ian Miles Cheong who called the plan "electoral engineering" along with the comment "Wow".

Last year, the Cybertruck spiraled into market irrelevance while the rest of the EV market found its footing, as the pickup experienced the single biggest sales collapse of any electric vehicle in the United States. Elon Musk's flailing company managed to move only an estimated 20,237 Cybertrucks in 2025. And that's counting the units that Musk reportedly bought for himself through SpaceX and xAI to avoid further ridicule.