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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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US

Luigi Mangione pleads not guilty to murder of healthcare boss – as death penalty bid confirmed

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Luigi Mangione pleads not guilty to murder of healthcare boss - as death penalty bid confirmed

Luigi Mangione has pleaded not guilty to murdering a US healthcare chief executive – as prosecutors formally confirmed they plan to seek the death penalty for him.

The 26-year-old defendant appeared in a Manhattan federal court for an arraignment over the killing of Brian Thompson in New York last year.

Mangione has previously pleaded not guilty to a separate New York state indictment he faces over the murder of Mr Thompson, the boss of UnitedHealth’s insurance division.

While public officials condemned the killing, some Americans – and people elsewhere across the world – have lauded Mangione, saying he drew attention to steep US healthcare costs and the power of health insurers to refuse payment for some treatments.

A pedestrian walks past a mural of Luigi Mangione in east London, the UK. Pic: Reuters
Image:
A pedestrian walks past a mural of Luigi Mangione in east London. Pic: Reuters

In justifying their decision to seek the death penalty, prosecutors wrote in their filing that Mangione “presents a future danger because he expressed an intent to target an entire industry, and rally political and social opposition to that industry, by engaging in an act of lethal violence”.

US attorney general Pam Bondi earlier this month announced that the Justice Department would seek the death penalty for Mangione.

Mangione’s lawyers did not immediately respond to a request for comment on Thursday.

More on Luigi Mangione

They have said Ms Bondi’s announcement on 1 April was “unapologetically political” and breached government protocols for death penalty decisions.

Read more:
Dozens turn out in support of Luigi Mangione at court appearance
US prosecutors directed to seek death penalty for Mangione

UnitedHealthcare chief executive officer Brian Thompson.
Pic: UnitedHealth Group/AP
Image:
UnitedHealthcare chief executive officer Brian Thompson. Pic: UnitedHealth Group/AP

If Mangione is convicted in the federal case, the jury would determine in a separate phase of the trial whether to recommend the death penalty.

Any such recommendation must be unanimous, and the judge would be required to impose it.

Mr Thompson was shot dead on 4 December outside a hotel in Midtown Manhattan, where an investor conference for the company was planned.

The killing sparked a five-day manhunt that captivated Americans.

Police officers in Altoona, Pennsylvania, found Mangione with a 9mm pistol and silencer, clothing that matched the apparel worn by Thompson’s gunman in surveillance footage, and a notebook describing an intent to “wack” an insurance company CEO, according to a court filing.

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Environment

Drive Electric Earth Month, continues this weekend, get your EV Qs answered

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Drive Electric Earth Month, continues this weekend, get your EV Qs answered

It’s that time of year again, time for events across the country to show off electric vehicles at Drive Electric Earth Month.

Drive Electric Earth Month is an offshoot of Drive Electric Week, a long-running annual tradition hosting meetups mostly in the US, but also occasionally in other countries. It started as Drive Electric Earth Day, but since not every event can happen on the same day, they went ahead and extended it to encompass “Earth Month” events that happen across the month of April. It’s all organized by Plug In America, the Sierra Club, the Electric Vehicle Association, EV Hybrid Noire, and Drive Electric USA.

Events consist of general Earth Day-style community celebrations, EV Ride & Drives where you can test drive several EVs in one place, and opportunities to talk to EV owners and ask them questions about what it’s like to live with an EV, away from the pressure of a dealership.

This month, there are 158 events registered across the US and 1 in Mexico (including one online webinar about things to consider when purchasing an EV).

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Events have been happening all month, but the biggest weekend is this upcoming one, APril 26-27.

One really neat event was the Asheville event, which showcased the resiliency of EVs in an area devastated by Hurricane Helene, which was made more severe by climate change. That event was attended by the Rivian R1T which famously got dragged 100 feet submerged in mud and came out running fine.

But the bulk of the events happened on the weekends surrounding Earth Day, April 22, so there were several last weekend and will be even more this upcoming weekend.

There are plenty of events in the big cities where you’d expect, but Plug In America wanted to highlight a few of the events in smaller places around the country. Here’s a sampling of upcoming events:

  • Big Island EV – Cruise and Picnic in Waimea, HI on April 26, 10am-1pm – EV drivers will congregate in various places around the Big Island (Kona, Waimea, Waikoloa and Hilo), then drive up Saddle Road to the Gil Kahele Recreation Area on Mauna Kea for a potluck and a chance to talk about the experience of owning EVs on the Big Island.
  • Santa Barbara Earth Day 2025 and Green Car Show in Santa Barbara, CA on April 26-27, 11am-8pm – This is part of Santa Barbara’s Earth Day celebration, which routinely attracts 30,000 participants and is one of the longest-running Earth Day celebrations on the planet. The Green Car Show includes ride & drives and an “Owners Corner” where owners can showcase their EVs and attendees can check them out and ask questions.
  • Earth Day’25 – EV’s role in a sustainable future in Queretaro City, Mexico on April 26, 9am-4pm – The sole Mexican event, this is a combined in-person/online seminar at the Querétaro Institute of Technology.
  • Norman Earth Day Festival in Norman, OK on April 27, 12-5pm – Another municipal Earth Day festival, with hands-on activities for kids to learn about the environment. A portion of the parking lot reserved for an EV car show for EV owners who pre-register to show off their vehicles.
  • Oregon Electric Vehicle Association Test Drive & Information Expo in Portland, OR on April 27, 10am-4pm – This one is at Daimler Truck’s North American HQ, and will have several EVs for test drives, owner displays (including DIY gas-to-EV conversions), and keynote presentations by EV experts. They’ll even have a 1914 Detroit Electric EV available for test rides!
  • And, we at Electrek want to give a shoutout to Rove’s EV Drive Days in Santa Ana 10am-3pm April 28 – ROVE is the company behind the “full-service” EV charging concept that we’ve talked about several times here on Electrek, and we like what they’re doing for EV charging. They’ve hosted a few community events, and this is their contribution to Earth Month.

Each event has a different assortment of activities (e.g. test drives won’t be available at every event, generally just the larger ones attended by local dealerships), so be sure to check the events page to see what the plan is for your local event.

These events have offered a great way to connect with owners and see the newest electric vehicle tech, and even get a chance to do test rides and drives in person. Attendees got to hear unfiltered information from actual owners about the benefits and trials of owning EVs, allowing for longer and more genuine (and often more knowledgeable) conversations than one might normally encounter at a dealership.

And if you’re an owner – you can show off your car and answer those questions for interested onlookers.

To view all the events and see what’s happening in your area, you can check out the list of events or the events map. You can also sign up to volunteer at your local events, and if you plan to show off your electric car, you can RSVP on each event page and list the vehicle that you plan to show (or see what other vehicles have already registered).


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Politics

SEC chair suggests ‘huge benefits’ in agency’s third crypto roundtable

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<div>SEC chair suggests 'huge benefits' in agency's third crypto roundtable</div>

<div>SEC chair suggests 'huge benefits' in agency's third crypto roundtable</div>

In one of his first appearances as the recently sworn-in chair of the US Securities and Exchange Commission, Paul Atkins delivered remarks to the agency’s third roundtable discussion of crypto regulation. 

In the “Know Your Custodian” roundtable event on April 25, Atkins said he expected “huge benefits” from blockchain technology through efficiency, risk mitigation, transparency, and cutting costs. He reiterated that among his goals at the SEC would be to facilitate “clear regulatory rules of the road” for digital assets, hinting that the agency under former chair Gary Gensler had contributed to market and regulatory uncertainty. 

“I look forward to engaging with market participants and working with colleagues in President Trump’s administration and Congress to establish a rational fit-for-purpose framework for crypto assets,” said Atkins.

SEC chair suggests 'huge benefits' in agency's third crypto roundtable
SEC chair Paul Atkins addressing the April 25 crypto roundtable. Source: SEC

Some critics of US President Donald Trump see Atkins’ nomination to lead the SEC as a nod to the crypto industry, acting on campaign promises to remove Gensler — the former chair resigned the day Trump took office — and cut back on regulation. Democratic lawmakers on the Senate Banking Committee questioned Atkins on his ties to the industry, potentially presenting conflicts of interest in his role regulating crypto.

Related: Atkins SEC era sparks massive industry optimism, crypto execs speak out

The direction of the SEC under new leadership

“We’ve noticed that we don’t have to be as concerned […] about being accused of things that we’re not doing, like being broker-dealers for securities,” Exodus chief legal officer Veronica McGregor, who participated in the roundtable, told Cointelegraph on April 24.”It’s just a less scary regulatory environment in general. It is, however, still unclear what the ultimate regs are going to look like for crypto.” 

The SEC crypto task force is scheduled to hold two more roundtables in May and June to discuss tokenization and decentralized finance, respectively. Commissioner Hester Peirce, who leads the task force, told Cointelegraph in March that she welcomed the opportunity to work with Atkins to “reorient the agency,” hinting at an SEC with regulations more favorable to the crypto industry.

In addition to the roundtables, the crypto task force has reported several meetings with digital asset firms to discuss various policies and considerations in developing a regulatory framework.

Magazine: SEC’s U-turn on crypto leaves key questions unanswered

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