SK Hynix Shares Surge on Hopes for Upcoming ADR Issuance 
US Charges Two Men in Alleged Nvidia Chip Smuggling Scheme to China 
International Outcry Grows Over Re-Arrest of Nobel Laureate Narges Mohammadi in Iran 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
DOJ Sues Loudoun County School Board Over Transgender Locker Room Policy 
SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation 
U.S. Special Forces Intercept Ship Carrying Military Components Bound for Iran 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
California, 18 States Sue to Block Trump’s $100,000 H-1B Visa Fee 
Supreme Court to Weigh Trump’s Power to Remove FTC Commissioner 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
Malaysia Airlines Ordered to Compensate Families of MH370 Passengers 
Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market 
Trump Signals Two Final Candidates for Fed Chair, Calls for Presidential Input on Interest Rates 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
Federal Judge Orders Restoration of SEVIS Status for Tufts PhD Student Rumeysa Ozturk 
X Settles Trump Lawsuit for $10M Amid Social Media Legal Battles
Elon Musk’s social media platform, X, has agreed to a $10 million settlement with U.S. President Donald Trump, according to the Wall Street Journal. This follows Trump’s legal action against major platforms over his account bans after the January 2021 Capitol riot.
Last month, Meta (NASDAQ:META) settled a similar lawsuit for $25 million. Trump initially sued Twitter (now X), Facebook, and Alphabet (NASDAQ:GOOGL) in July 2021, alleging bias against conservative voices. While Trump’s team considered dropping the X lawsuit due to Musk’s $250 million campaign donation, they ultimately pursued a settlement.
Musk, who also leads Tesla (NASDAQ:TSLA), now heads the Department of Government Efficiency, a White House initiative focused on streamlining federal bureaucracy. Trump’s legal team is reportedly seeking a settlement with Google, which banned him from YouTube following the Capitol riot.
Neither X, its former CEO Jack Dorsey, Alphabet, nor the White House have responded to media requests for comment.
