Elon Musk's Twitter valued at a third of its $44 billion price tag
Fidelity, which owns an equity stake in Twitter, previously slashed its valuation by more than 55% at the end of last year — about one month after Musk acquired the platform.
Watch CBS News
Fidelity, which owns an equity stake in Twitter, previously slashed its valuation by more than 55% at the end of last year — about one month after Musk acquired the platform.
Florida Gov. Ron DeSantis held a campaign launch event on Twitter with the site's CEO Elon Musk, but it did not go according to plan.
CBS2's Jessica Moore has more on what parents can do to encourage balance online.
The billionaire said he will transition to executive chairman and chief technology officer of the social network.
The MTA said Twitter agreed not to charge the agency $500,000 per year.
The bill would also require children ages 13 to 17 to receive parental consent to create a social media account.
The agency says the social media platform is no longer reliable.
The MTA will no longer post service alerts and information on Twitter, as of Thursday.
In the video, Carlson made no mention of Fox News or the reasons behind his departure from the network, where he was its most-watched anchor.
The news organization said the social media network is "falsely implying that we are not editorially independent."
The label has only been applied to NPR's primary Twitter account and is not currently on accounts like NPR Politics or NPR Health.
The New York Times' main Twitter account is no longer verified.
Twitter was reacting to a post mentioning the Nashville school shooting, transgender people and "vengeance."
Under Elon Musk, who has accused journalists of bias, Twitter no longer makes an effort to answer journalists' questions.
The actor crouched while donning a white cable-knit sweater, blue jeans and sneakers, mirroring his style in the classic 1989 rom-com.
The Supreme Court is for the first time considering the scope of Section 230, which provides legal immunity to online companies for content posted by third parties.
Two-factor authentication is a tool which requires users to enter a security code or key — in addition to their normal password — in order to gain access to their accounts.
The lawsuit was filed against the social media platform in San Francisco State Court on Thursday.
It was not immediately clear if Musk was serious, and no formal announcement beyond the tweet had been made.
Musk took the stage to mixed reactions from the audience. "Cheers and boos, I see," said Chappelle, who is on tour with Chris Rock.
"It saddens me to see how misinformation is now being used to divide our world," the award-winning artist posted.
West has made a series of antisemitic comments in recent weeks.
The billionaire owner of the social media service said the rapper "again violated our rule against incitement to violence."
Previous plan to offer a blue check to anyone paying $8 a month was scrapped after a rash of impersonators.
Musk made the decision after conducting a Twitter poll.
Some communities in New Jersey that faced flooding earlier this week are on edge with more rain possible Thursday.
Jalen Brunson's jersey that he wore during Game 1 of the NBA Finals sold for more than $1 million at an auction Wednesday.
Police are asking for help finding Anthony Robinson, 42, who allegedly raped two women in the same area in the Bronx.
A man was arrested after police said he threw Molotov cocktails at Iglesia Bautista El Mesias and the Kingdom Hall of Jehovah's Witnesses in Queens.
The new American Express headquarters will become the final commercial office building at the World Trade Center complex by 2031.
Some communities in New Jersey that faced flooding earlier this week are on edge with more rain possible Thursday.
Jalen Brunson's jersey that he wore during Game 1 of the NBA Finals sold for more than $1 million at an auction Wednesday.
Police are asking for help finding Anthony Robinson, 42, who allegedly raped two women in the same area in the Bronx.
A man was arrested after police said he threw Molotov cocktails at Iglesia Bautista El Mesias and the Kingdom Hall of Jehovah's Witnesses in Queens.
The new American Express headquarters will become the final commercial office building at the World Trade Center complex by 2031.
Some communities in New Jersey that faced flooding earlier this week are on edge with more rain possible Thursday.
Severe thunderstorms swept through New York and New Jersey on Saturday night, causing damage amid Fourth of July festivities.
The brutal heat wave caused power problems across New York City on Friday.
New York City Thursday tied the record high temperature of 100 degrees set on this date in 1966.
The New York, New Jersey area is dealing with extreme heat as cooling centers, pools, parks and other resources try to keep residents cool.
Some communities in New Jersey that faced flooding earlier this week are on edge with more rain possible Thursday.
Homes and roads were inundated with floodwaters as strong storms swept through the Tri-State Area on Monday.
A roof partially collapsed Monday morning at a BJ's Wholesale Club amid heavy flooding in Ocean Township, N.J.
A whale that surfaced for air slammed into a New Jersey fire department's boat, capsizing it as it headed back from helping with Fourth of July security near New York City.
While the rain has taken place throughout the day, the possibility of thunderstorms in the New York City area will remain for the rest of the night.
Some communities in New Jersey that faced flooding earlier this week are on edge with more rain possible Thursday.
Three arrests have been made in a large-scale mail-theft scheme that struck over and over again right outside of Long Island post offices.
The CBIZ Workplace Challenge is back. The 3.5 run-walk was formerly known as the Marcum Workplace Challenge. It will be held at Jones Beach on Tuesday, July 28, 2026.
The mother of the little girl who prosecutors say endured months of torture before her death is now accusing Suffolk County and her school district of failing to protect her.
Two Long Island children were burned while trying a viral challenge involving a popular squishy toy, officials say. As a result, the Nassau County fire marshal has issued a warning.
Maine Democratic Senate candidate Graham Platner is suspending his campaign against GOP Sen. Susan Collins, after a woman accused him of sexually assaulting her five years ago.
The former Pfizer building in Midtown is among the largest office-to-residential building conversions in New York City history. The City Council has recently paved the way for similar projects.
Prosecutors revealed that the roommate of the man accused of assassinating Charlie Kirk was given "use immunity" in exchange for providing recorded video statements to investigators about the case.
The damages were awarded to Carroll, a writer, by a 2023 jury in a civil sexual abuse and defamation case.
The mother of the little girl who prosecutors say endured months of torture before her death is now accusing Suffolk County and her school district of failing to protect her.
Cooling tower testing continues on New York City's Upper East Side as the number of Legionnaires' disease cases continues to grow.
Nearly 300 cases of cyclosporiasis have been reported in New York City alone over the past two months, health officials said Wednesday.
A cluster of Legionnaires' disease cases on New York City's Upper East Side is under investigation, health officials say.
Dozens of cyclosporiasis cases were reported across New York state between May 1 and June 16, the CDC says.
Westchester County health officials say people should avoid recreational activities along a stretch of the Hudson River until further notice due to a massive raw sewage discharge.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
Taylor Swift and Travis Kelce were married in a place that generates plenty of garbage, and one man figured out there is a market for it if you package it just right.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
"Dolly: A True Original Musical" will take viewers on a journey of the singer's life at the St. James Theatre on West 44th Street.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Jalen Brunson's jersey that he wore during Game 1 of the NBA Finals sold for more than $1 million at an auction Wednesday.
Jared Young was plunked with the bases loaded in the eighth inning, sparking a five-run rally that lifted the Mets to a 6-2 win over the Royals.
The Tampa Bay Rays beat the New York Yankees 3-0 on Wednesday night to extend their AL East lead to five games.
Phil Regan, who pitched for four major league teams over 13 years before spending five more decades in the game as a coach, manager and scout, has died.
Tyler Tolbert tied an MLB record with hits in 12 consecutive plate appearances, finishing 5-for-6 on Tuesday night and powering the Royals to a 16-12 win over the Mets.
Eddie Palmieri, the East Harlem legend who revolutionized Latin music, now has a street renamed in his honor.
Services for the UnderServed's urban gardens and beehives provide therapeutic opportunities for New Yorkers with intellectual and developmental disabilities and behavioral health challenges
Religious institutions across the country are exploring how their properties can help address the affordable housing crisis, with a Brooklyn development offering a model for blending community needs with faith-based missions.
The Classical Theatre of Harlem's artistic director says Shakespeare's famous tragedy is more relevant today, though audiences can always expect a twist.
Brooklyn residents say loose boards and protruding nails on the Coney Island boardwalk have caused serious injuries.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Iran launched more missiles at U.S. allies Thursday and said at least 14 people were killed in U.S. airstrikes over the last two days of escalating tit-for-tat strikes. CBS News' Jarred Hill reports.
A game worn jersey that carried the Knicks to their NBA Finals win sold for big bucks on Wednesday.
The education department is launching a pilot program for digital student OMNY cards, downloaded onto the students' phones.
Diyorjon Sobirjonov was allegedly driving while intoxicated at the time of the crash that left three people critically injured including 2 NYPD officers.
A 36-year-old man was arrested after he targeted two churches with Molotov cocktails in Queens. Both incidents caused small fires at the buildings, according to police.
