Elon Musk's X Admits 'We Might Be Biased' Amid Accusations Of Slowing Sites Criticised By Its Billionaire Owner
Portfolio Pulse from Ananya Gairola
Elon Musk's social media platform, X, has been accused of deliberately slowing down websites criticized by Musk. The accusations came after users reported slower loading speeds when accessing links from several websites, including the New York Times, Reuters, and Meta Platforms Inc’s Instagram, Facebook, and Threads. X has acknowledged its potential bias. Musk also plans to remove the headline and text from news links, leaving only the lead image.
August 24, 2023 | 7:28 am
News sentiment analysis
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NEGATIVE IMPACT
Users of Elon Musk's platform X have reported slower loading speeds when accessing links from Meta Platforms Inc’s Instagram and Facebook, which could potentially impact user experience and engagement on these platforms.
If users experience slower loading speeds when accessing Instagram and Facebook via X, it could potentially lead to decreased user engagement on these platforms, which could negatively impact Meta's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Elon Musk's platform X has been endorsed by a graphic designer at Dogecoin, which could potentially increase visibility and usage of Dogecoin on the platform.
The endorsement from a Dogecoin graphic designer could potentially increase the visibility and usage of Dogecoin on the platform, which could positively impact the price of Dogecoin in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50