Social Media

OpenAI is shutting down its AI video platform Sora, ending its social app and API while keeping AI image generation in ChatGPT. The move also cancels a planned $1 billion Disney partnership that would have allowed users to make videos with licensed characters.

Meta is offering top creators guaranteed pay and boosted reach to post Reels on Facebook. The programme rewards original content and gives access to monetisation tools.

Three Tennessee teens sued xAI, saying its AI Grok made sexual images from their real photos. They claim the company knew the risks and want damages and a stop to further abuse.

Australia’s financial regulator ASIC warned young investors not to rely solely on social media or AI for financial advice, as these sources can be unreliable and risky. A survey found that 23% of Gen Z own crypto, with many making trades based on influencer content or short-term speculation.

Elon Musk has confirmed that X Money, a new financial service integrated into the X, will begin rolling out to the public in April as part of the billionaire's long-running ambition to transform the platform into an “everything app.”

X has started beta testing X Money, letting users send, receive and earn on deposits. Elon Musk aims to make X a full financial app, with crypto integration possible in the future.

Elon Musk’s X is tightening its grip on AI-generated content — and this time, creators’ wallets are on the line. The platform will suspend users from its revenue-sharing program for 90 days if they post AI-generated videos without clearly disclosing that the footage was created using artificial intelligence.

X will suspend creators from its revenue-sharing programme for 90 days if they post AI-generated videos of armed conflict without marking them as AI-made. Repeat violations will lead to permanent removal, as the platform aims to stop misleading content and protect authentic information during war.

The X account of scrap-metal billionaire and high-profile NFT investor Adam Weitsman was hacked Thursday and used to promote not one — but two — crypto scams, including a bogus forex trading course and a knockoff memecoin dubbed “Clawed Ape Yacht Club.”

X has reopened paid crypto promotions for influencers, but only with clear disclosure labels and strict compliance with local laws. Crypto-sponsored posts must be blocked in the UK, the EU and Australia, leaving creators responsible for where their paid content can be seen.