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Elon Musk has acknowledged that his $44 billion takeover of X may fail — a stark admission that came as he faced fresh public outrage over a decision to eliminate the social media sites block feature.

Musk commented on Xs uncertain future came even as Threads, the rival text-based social media platform launched by Mark Zuckerbergs Meta last month, prepared to roll out a web version in its latest effort to lure users.

The sad truth is that there are no great social networks right now, Musk said. We may fail, as so many have predicted, but we will try our best to make there be at least one.

The X owner, who is worth an estimated $225.5 billion, infuriated users last Friday by revealing they would no longer be allowed to block accounts, except in the case of direct messages.

Musk argued that the block feature makes no sense and said users would have to make do with simply muting accounts from appearing on their timeline.

The move triggered immediate pushback, with Monica Lewinsky among those who urged Musk and X CEO Linda Yaccarino to reconsider nixing the feature.

The sad truth is that there are no great social networks right now.

We may fail, as so many have predicted, but we will try our best to make there be at least one.

Please rethink removing the block feature. as an anti-bullying activist (and target of harassment) i can assure you its a critical tool to keep people safe online, Lewinsky said.

Despite his apparent doubts about Xs future success, Musk poked fun at users who had raised a stink about his decision to get rid of the block function.

Pretty fun blocking people who complain that blocking is going away. How does the medicine taste? Musk wrote on Sunday.

The criticism was one of the multiple headaches that emerged for X over the weekend.

On Saturday, a glitch on Xs platform caused pictures and videos that were uploaded to Twitter prior to 2015 to disappear from the site.

One of the pictures to be temporarily erased was comedians Ellen DeGeneres famous selfie from the 2014 Oscars alongside Jennifer Lawrence, Bradley Cooper and Meryl Steep. That image was later restored, though the glitch appeared to persist for other media.

“More vandalism from @elonmusk,” said user Tom Coates, who was among the first to flag the issue. “Twitter has now removed all media posted before 2014. Thats – so far – almost a decade of pictures and videos from the early 2000s removed from the service.”

Separately, a report from Mashable revealed that 42% of Musks roughly 153 million followers had zero followers of their own. More than 100 million accounts that follow Musk have tweeted fewer than 10 times.

More vandalism from @elonmusk. Twitter has now removed all media posted before 2014. Thats – so far – almost a decade of pictures and videos from the early 2000s removed from the service.

For example, heres a search of my media tweets from before 2014. https://t.co/FU6K34oqmA

The data suggests that many of Musks followers have inactive accounts — and raised the possibility that some could be bots. The billionaire famously vowed to eliminate all bots from Twitter as part of his plans to rejuvenate the site.

Meanwhile, Zuckerbergs plan to roll out a web version of Threads added additional pressure on X. While Threads has lost more than half of its user base since its debut, it is still considered the most significant challenge to date for Musks platform.

Instagram chief Adam Mosseri confirmed on Friday that Threads web version was close to a debut.

Its a little bit buggy right now, you dont want it just yet, Mosseri said. As soon as it is ready, we will share it with everybody else.

If X were to fail at some point, it would mark one of the costliest business disasters in history. Musk was forced to sell off a significant chunk of Tesla stock to fund the $44 billion deal.

Earlier this month, Yaccarino claimed that X is close to breaking even from a revenue perspective following Musks extensive cost-cutting measures, including mass layoffs.

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Politics

NAYG lawsuit against Galaxy was ‘lawfare, pure and simple’ — Scaramucci

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<div>NAYG lawsuit against Galaxy was ‘lawfare, pure and simple' — Scaramucci</div>

<div>NAYG lawsuit against Galaxy was ‘lawfare, pure and simple' — Scaramucci</div>

The New York State Attorney General’s (NAYG) recent legal action against Galaxy Digital over its promotional ties to the now-collapsed cryptocurrency Terra (LUNA) was unfair and an abuse of the legal system, says SkyBridge Capital and founder Anthony Scaramucci.

“It’s LAWFARE, pure and simple due to an obscure but dangerously powerful New York law known as the Martin Act,” Scaramucci said in a March 28 X post.

Martin Law can “open the door for abuse”

“The law has no need to prove intent, creating a low standard of proof that can open the door for abuse like this. It shouldn’t exist,” he said.

New York’s Martin Act is one of the US’s strictest anti-fraud and securities laws, allowing prosecutors the power to pursue financial fraud cases without needing to prove intent. The NAYG alleged that Galaxy Digital violated the Martin Act over its alleged promotion of Terra, with Galaxy Digital agreeing to a $200 million settlement.

According to NAYG documents filed on March 24, Galaxy Digital acquired 18.5 million LUNA tokens at a 30% discount in October 2020, then promoted them before selling them without abiding by disclosure rules. 

Scaramucci reiterated that Galaxy CEO Michael Novogratz was under the impression everything he was saying about Luna was true, as he had been deceived by Terraform Labs and its former CEO, Do Kwon.

Law, New York, United States, Terra

Source: Amanda Fischer

Meanwhile, MoonPay president of enterprise, Keith Grossman, said he had never heard of the Martin Act and had to look it up using AI chatbot ChatGPT.

“It is so broad and essentially is the essence of lawfare,” Grossman said. “Sorry you got caught in the crosshairs of it, Mike,” he added.

Related: Sonic unveils high-yield algorithmic stablecoin, reigniting Terra-Luna ‘PTSD’

The filing alleged that Galaxy helped a “little-known” token, referring to LUNA, increase its market price from $0.31 in October 2020 to $119.18 in April 2022 while “profiting in the hundreds of millions of dollars.”

Asset manager and investor Anthony Pompliano said he isn’t familiar with the details of the lawsuit but vouched for Novogratz, calling him a “good man” who has devoted a lot of time and money to helping others.

The Terra collapse is one of the crypto industry’s most infamous failures. In March 2024, SEC attorney Devon Staren said in the US District Court for the Southern District of New York that Terra was a “house of cards” that collapsed for investors in 2022.

Magazine: Arbitrum co-founder skeptical of move to based and native rollups: Steven Goldfeder

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Sports

Betts revels in walk-off HR after emotional week

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Betts revels in walk-off HR after emotional week

LOS ANGELES — Mookie Betts watched his drive sail over Dodger Stadium’s left-field fence late Friday night, and the emotions spilled out of him as if he had delivered a walk-off in October, not March. An emphatic raised finger was followed by a forceful fist bump, then an emphatic toss of his helmet and a deafening roar as he pranced toward his teammates at home plate.

Betts hadn’t just sent the Los Angeles Dodgers to an 8-5, come-from-behind victory over the Detroit Tigers on the same day their World Series rings were distributed. He hadn’t just given the Dodgers their first 4-0 start to a season since 1981. He had done so in the wake of a debilitating illness that caused him to shed almost 20 pounds and often made him wonder if he could muster the energy to provide moments like this.

“That was super special,” Betts said. “I know it sounds super selfish, but more for me. I was really proud of myself for coming in and playing underweight. Not that it’s a big deal playing underweight, but just the fight that I’ve kind of been through — the ups and downs, and the nights I’m just crying because I’m sick, and my wife’s there holding me. That’s where the emotion comes from.”

As the Dodgers prepared to fly to Japan and begin their season last week, Betts, who had spent the past four months pouring himself into the arduous task of becoming an everyday shortstop, struggled to keep food down.

He didn’t play in either of the team’s first two regular-season games against the Chicago Cubs from Tokyo Dome and was instead sent home early. He was supposed to play in the Dodgers’ exhibition opener against the Los Angeles Angels the ensuing Sunday, but he was a late scratch. Vomiting persisted. By that point, Betts’ weight had dropped from 175 pounds to 157.

But a day later, Betts started to turn a corner. He played five-and-a-half innings in the Dodgers’ exhibition finale Tuesday, then faced live pitching during the off day Wednesday. By the time the home opener came around roughly 24 hours later, Betts was back to feeling like his normal self. And on Friday, he made his presence felt.

With one out in the sixth, Betts recorded just the second hit off former Dodgers starter Jack Flaherty, then came around to score on Freddie Freeman‘s tying two-run homer. In the bottom of the eighth, he hit what would have been the game-winning home run had the Tigers not come back to tie the score in the top of the ninth.

In the 10th, Betts capped a five-run inning by coming up with runners on second and third and the score tied, working the count full against Beau Brieske, then turning on a low changeup and sending it 376 feet.

“Just given what he’s been under the last couple weeks, and still to go out there and be ready, and not be 100 percent, and still give us everything he has, coming up huge — I can’t say enough about Mookie,” Dodgers manager Dave Roberts said.

Betts is just the second player to hit multiple go-ahead homers in the eighth inning or later since the franchise moved to L.A. 67 years ago, according to ESPN Research. The other was Andre Ethier, who did the same on Aug. 2, 2015 — at about four inches taller and roughly 50 pounds heavier.

“I didn’t lose much strength, relative for my weight,” said Betts, who has since regained eight pounds but would still like to add another eight more. “I’m still pretty strong. But obviously as you add on more weight you can add on more strength. Right now I’m just having fun hitting 160-pound homers.”

Betts’ homer capped an epic two-day stretch for a Dodgers team that opened its season more than 5,000 miles away and is still coming off the high of its first full-season championship since 1988.

On Thursday, iconic rapper Ice Cube drove a Dodger Blue Chevy Bel-Air along Dodger Stadium’s foul territory with the World Series trophy strapped to the passenger seat, then brought it onto the field with the team lined up along the third-base line. On Friday, each of the Dodgers’ coaches and players walked onto a makeshift stage by the pitcher’s mound to receive gaudy championship rings decorated with 343 diamonds and 129 sapphires.

Amid all the pomp and circumstance, the 2025 Dodgers, seen as one of the most talented teams ever assembled, continued to win. They breezed past the Cubs in Japan without Betts and Freeman, then came back to the United States and snuck past the Tigers thanks in large part to a pitching staff that stranded 11 baserunners. On Friday, they fell behind twice and kept coming back.

“It kind of feels like we’re just picking up where we left off last year,” Dodgers third baseman Max Muncy said. “There’s still a whole lot of fight on this team. There’s no give up.”

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Science

NASA to Launch Three Rockets in Alaska to Study Auroral Substorms’ Impact

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NASA to Launch Three Rockets in Alaska to Study Auroral Substorms’ Impact

An important mission is set to take place in Alaska. It aims to understand how auroral substorms impact the Earth’s upper atmosphere. Three rockets will be launched within a short window to observe the movement of air and changes in composition at high altitudes. Scientists seek to determine whether the heat from auroras causes vertical movement or if waves spread the energy across a wider area. The findings could improve space weather forecasting, which is crucial for satellites and communication systems.

Study Objective and Launch Plan

According to the reports from the experiment titled Auroral Waves Excited by Substorm Onset Magnetic Events (AWESOME), the rockets will be launched from Poker Flat Research Range. The facility, located 20 miles north of Fairbanks, is managed by the University of Alaska Fairbanks under a NASA contract. The launch window is open from 24 March to April 6.

A four-stage rocket and two two-stage rockets will be used. The first two will release tracers at specific altitudes to study wind movement. The third rocket will release vapour tracers at five different altitudes. The tracers, in pink, blue and white, should be visible for up to 20 minutes. Ground cameras will capture the data under specific lighting conditions.

Scientific Goals and Observations

Mark Conde, a space physics professor at the University of Alaska Fairbanks, leads the project. The experiment aims to determine how auroras affect air movement. One theory suggests vertical convection plays a key role, while another proposes that acoustic-buoyancy waves cause a broader atmospheric impact. The research could reshape current understanding and refine space weather models.

A team of graduate researchers will monitor the launches from various sites in Alaska, including Utqiagvik, Kaktovik, and Toolik Lake. The results may provide better insights into how auroral events alter atmospheric conditions and influence satellite-dependent technology.

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