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		<title>Ireland Opens Formal Investigation Into X Over Child Access and Parental Controls</title>
		<link>https://journosnews.com/ireland-investigates-x-child-safety/</link>
		
		<dc:creator><![CDATA[The Daily Desk]]></dc:creator>
		<pubDate>Wed, 09 Sep 2026 04:05:41 +0000</pubDate>
				<category><![CDATA[Internet & Digital Platforms]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[#AgeAssurance]]></category>
		<category><![CDATA[#ChildSafety]]></category>
		<category><![CDATA[#DigitalRegulation]]></category>
		<category><![CDATA[#Ireland]]></category>
		<category><![CDATA[#OnlineSafety]]></category>
		<category><![CDATA[#ParentalControls]]></category>
		<category><![CDATA[#SocialMedia]]></category>
		<category><![CDATA[#X]]></category>
		<guid isPermaLink="false">https://journosnews.com/?p=31181</guid>

					<description><![CDATA[<p>DUBLIN, Ireland &#8211; Ireland&#8217;s media regulator has opened a formal investigation into X over concerns that children may be able to access adult-only video content and that the platform&#8217;s parental controls may not meet requirements under the country&#8217;s Online Safety Code. The investigation, announced Sept. 8 by Coimisiún na Meán, is the regulator&#8217;s first formal investigation [&#8230;]</p>
<p>The post <a href="https://journosnews.com/ireland-investigates-x-child-safety/">Ireland Opens Formal Investigation Into X Over Child Access and Parental Controls</a> appeared first on <a href="https://journosnews.com">Journos News - Breaking News, World News, Top Stories, Todays Headlines and Flash Reports</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p class="isSelectedEnd"><strong>DUBLIN, Ireland</strong> &#8211; Ireland&#8217;s media regulator has opened a formal investigation into X over concerns that children may be able to access adult-only video content and that the platform&#8217;s parental controls may not meet requirements under the country&#8217;s Online Safety Code.</p>
<p class="isSelectedEnd">The investigation, announced Sept. 8 by Coimisiún na Meán, is the regulator&#8217;s first formal investigation under Ireland&#8217;s Online Safety Code. The regulator said its Platform Supervision team had raised concerns about the effectiveness of X&#8217;s age-assurance mechanisms.</p>
<p class="isSelectedEnd">The inquiry will also examine whether X&#8217;s parental controls are effective, sufficiently accessible and properly presented to users when they create an account. The investigation does not establish that X has violated the code; the regulator will determine whether the platform is complying with its obligations.</p>
<h3>Regulator questions X&#8217;s age checks</h3>
<p class="isSelectedEnd">Under Ireland&#8217;s Online Safety Code, platforms accessible to children that provide adult-only video content must use effective age-assurance measures to prevent children from normally accessing pornography and extreme or gratuitous violence.</p>
<p class="isSelectedEnd">Coimisiún na Meán said age assurance based solely on users declaring their own age is not considered effective under the code. The investigation will therefore assess whether X has measures capable of meeting the required standard.</p>
<p class="isSelectedEnd">The regulator&#8217;s action is focused specifically on the platform&#8217;s compliance with these child-safety requirements. It is not a finding that individual children have accessed prohibited material on X.</p>
<h3>Parental controls also under scrutiny</h3>
<p class="isSelectedEnd">The investigation will separately assess X&#8217;s parental-control systems.</p>
<p class="isSelectedEnd">Coimisiún na Meán said X allows adult-only content while also allowing children under 16 to use the service. Under the Online Safety Code, platforms in that position must provide parental controls that allow parents and guardians to influence the content their children encounter.</p>
<p class="isSelectedEnd">The regulator identified several areas of concern. It will examine whether X&#8217;s controls are effective, whether they contain the minimum functions required by the code, whether users are adequately directed to them and whether they are offered as an option when new accounts are created.</p>
<p class="isSelectedEnd">The inquiry therefore covers both the technical question of age assurance and the practical ability of parents or guardians to manage children&#8217;s exposure to content.</p>
<h3>First investigation under Ireland&#8217;s Online Safety Code</h3>
<p class="isSelectedEnd">The case marks the first formal investigation launched by Coimisiún na Meán under Ireland&#8217;s Online Safety Code.</p>
<p class="isSelectedEnd">The regulator said it has also opened five investigations during the past year under the European Union&#8217;s Digital Services Act involving platforms established in Ireland, while participating in four joint investigations led by the European Commission.</p>
<p class="isSelectedEnd">The distinction is significant because Ireland has become an important regulatory base for major technology companies operating in the European Union.</p>
<p class="isSelectedEnd">Coimisiún na Meán is responsible for enforcing Ireland&#8217;s Online Safety Code, while other regulatory authorities in Ireland and at the EU level have separate responsibilities under data-protection and digital-services laws.</p>
<h3>X could face significant financial penalties</h3>
<p class="isSelectedEnd">If the investigation finds that X violated the Online Safety Code, Coimisiún na Meán can impose an administrative financial sanction.</p>
<p class="isSelectedEnd">The regulator said penalties can include a fine of up to 10% of a platform&#8217;s relevant annual turnover or €20 million, whichever is greater.</p>
<p class="isSelectedEnd">The investigation will first establish whether the platform&#8217;s practices comply with the specific requirements under examination. Any enforcement action would follow that process.</p>
<h3>Wider scrutiny of children&#8217;s online safety</h3>
<p class="isSelectedEnd">The Irish investigation adds to growing regulatory attention on how large social-media platforms verify users&#8217; ages and protect children from harmful content.</p>
<p class="isSelectedEnd">Ireland&#8217;s regulator said its Online Safety Code was designed to require platforms accessible to children to implement safeguards where adult-only content is available. It also said parents and guardians should have effective and accessible tools to shape children&#8217;s online experiences.</p>
<p class="isSelectedEnd">X is facing separate regulatory scrutiny in Europe. Ireland&#8217;s Data Protection Commission opened an inquiry into X Internet Unlimited Company in February over the processing of personal data associated with the platform&#8217;s Grok artificial-intelligence service.</p>
<p class="isSelectedEnd">The new investigation is distinct from that data-protection inquiry and focuses on X&#8217;s compliance with Ireland&#8217;s Online Safety Code.</p>
<p class="isSelectedEnd">For now, Coimisiún na Meán has raised concerns and begun a formal examination. Whether X breached the rules, and whether penalties or other enforcement measures will follow, remains to be determined.</p>
<p class="isSelectedEnd"><em>Reporting Credit: Coimisiún na Meán — Sept. 8, 2026 announcement of the formal investigation, the specific concerns over X&#8217;s age-assurance and parental-control systems, and the enforcement powers available under Ireland&#8217;s Online Safety Code; Ireland&#8217;s Data Protection Commission — February 2026 inquiry into X Internet Unlimited Company concerning data processing associated with X&#8217;s Grok service.</em></p>
<p>The post <a href="https://journosnews.com/ireland-investigates-x-child-safety/">Ireland Opens Formal Investigation Into X Over Child Access and Parental Controls</a> appeared first on <a href="https://journosnews.com">Journos News - Breaking News, World News, Top Stories, Todays Headlines and Flash Reports</a>.</p>
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		<title>X Launchs Invite-Only Money Service With Visa Card and Deposit Rewards</title>
		<link>https://journosnews.com/x-money-payment-launch/</link>
		
		<dc:creator><![CDATA[The Daily Desk]]></dc:creator>
		<pubDate>Wed, 29 Jul 2026 05:47:13 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Corporate]]></category>
		<category><![CDATA[#CrossRiverBank]]></category>
		<category><![CDATA[#DigitalPayments]]></category>
		<category><![CDATA[#ElonMusk]]></category>
		<category><![CDATA[#FinancialTechnology]]></category>
		<category><![CDATA[#Fintech]]></category>
		<category><![CDATA[#PeerToPeerPayments]]></category>
		<category><![CDATA[#Technology]]></category>
		<category><![CDATA[#Visa]]></category>
		<category><![CDATA[#X]]></category>
		<category><![CDATA[#XMoney]]></category>
		<guid isPermaLink="false">https://journosnews.com/?p=30130</guid>

					<description><![CDATA[<p>NEW YORK &#8211; Elon Musk&#8217;s social media platform X has launched X Money, an invite-only financial service that allows users to send money to one another as the company advances its goal of becoming an &#8220;everything app&#8221; offering integrated financial services alongside social networking. X Money is not a bank. Instead, the service relies on [&#8230;]</p>
<p>The post <a href="https://journosnews.com/x-money-payment-launch/">X Launchs Invite-Only Money Service With Visa Card and Deposit Rewards</a> appeared first on <a href="https://journosnews.com">Journos News - Breaking News, World News, Top Stories, Todays Headlines and Flash Reports</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div class="" data-turn-id-container="6975bc79-8f71-43fc-ae3a-34a8188cefcd" data-is-intersecting="true"><strong>NEW YORK</strong> &#8211; Elon Musk&#8217;s social media platform X has launched <strong data-start="266" data-end="277">X Money</strong>, an invite-only financial service that allows users to send money to one another as the company advances its goal of becoming an &#8220;everything app&#8221; offering integrated financial services alongside social networking.</div>
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<p data-start="493" data-end="693">X Money is not a bank. Instead, the service relies on financial technology infrastructure provided by Cross River Bank, enabling X to offer payment services without operating as a banking institution.</p>
<p data-start="695" data-end="873">Invited users receive an X-branded Visa debit card that can be used for purchases and ATM withdrawals, while the platform also supports real-time money transfers between X users.</p>
<h3 data-section-id="g00736" data-start="875" data-end="915">X Money Offers Banking-Like Features</h3>
<p data-start="917" data-end="1075">To attract early adopters, X Money is offering incentives that include a <strong data-start="990" data-end="1009">6% annual yield</strong> on qualifying deposits and <strong data-start="1037" data-end="1052">3% cashback</strong> on eligible purchases.</p>
<p data-start="1077" data-end="1269">According to the company, customers must deposit at least <strong data-start="1135" data-end="1145">$1,000</strong> and subscribe to one of X&#8217;s premium membership plans, which start at <strong data-start="1215" data-end="1231">$8 per month</strong>, to qualify for the advertised yield.</p>
<p data-start="1271" data-end="1573">Based on the stated terms, users would need to maintain approximately <strong data-start="1341" data-end="1351">$1,600</strong> in deposits for the annual interest alone to offset the cost of the lowest-priced premium subscription. Additional details regarding eligibility, promotional periods and other conditions have not yet been fully disclosed.</p>
<p data-start="1575" data-end="1722">The launch represents another step in Musk&#8217;s long-term effort to expand X beyond social media into digital payments and broader financial services.</p>
<h3 data-section-id="giavow" data-start="1724" data-end="1778">Service Enters Competitive Digital Payments Market</h3>
<p data-start="1780" data-end="1905">X Money enters a market already dominated by established peer-to-peer payment platforms, including Venmo, Zelle and Cash App.</p>
<p data-start="1907" data-end="2167">The rollout also reflects Musk&#8217;s longstanding interest in financial technology. Before leading Tesla, SpaceX and X, Musk helped establish <strong data-start="2045" data-end="2054">X.com</strong>, an online financial services company that later merged with another firm and became part of what is now PayPal.</p>
<p data-start="2169" data-end="2258">Initially, X Money is available only to invited users who subscribe to X&#8217;s paid services.</p>
<h3 data-section-id="pe5j8z" data-start="2260" data-end="2300">Success Will Depend on User Adoption</h3>
<p data-start="2302" data-end="2391">The limited rollout allows X to test its financial platform before any broader expansion.</p>
<p data-start="2393" data-end="2669">Analysts say the company&#8217;s long-term success in digital payments will depend on its ability to attract users beyond its existing social media audience, establish trust in handling financial transactions and compete with payment services that already have large customer bases.</p>
<p data-start="2671" data-end="2844">As X continues pursuing Musk&#8217;s vision of an integrated digital platform, X Money represents one of the company&#8217;s most significant moves yet into consumer financial services.</p>
<p data-start="2851" data-end="2913"><em>This report is based on reporting by The Associated Press.</em></p>
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<p>The post <a href="https://journosnews.com/x-money-payment-launch/">X Launchs Invite-Only Money Service With Visa Card and Deposit Rewards</a> appeared first on <a href="https://journosnews.com">Journos News - Breaking News, World News, Top Stories, Todays Headlines and Flash Reports</a>.</p>
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		<title>Elon Musk Sells X to His AI Company xAI in $33 Billion Deal</title>
		<link>https://journosnews.com/elon-musk-sells-x-to-his-ai-company-xai-in-33-billion-deal/</link>
		
		<dc:creator><![CDATA[The Daily Desk]]></dc:creator>
		<pubDate>Sat, 29 Mar 2025 01:48:21 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[#AI]]></category>
		<category><![CDATA[#AIinSocialMedia]]></category>
		<category><![CDATA[#AIIntegration]]></category>
		<category><![CDATA[#AIRevolution]]></category>
		<category><![CDATA[#ArtificialIntelligence]]></category>
		<category><![CDATA[#BigTech]]></category>
		<category><![CDATA[#MuskMoves]]></category>
		<category><![CDATA[#MuskTech]]></category>
		<category><![CDATA[#MuskVision]]></category>
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		<category><![CDATA[#X]]></category>
		<category><![CDATA[#XAcquisition]]></category>
		<category><![CDATA[#xAI]]></category>
		<category><![CDATA[#XAITransformation]]></category>
		<category><![CDATA[#XMerger]]></category>
		<category><![CDATA[#XNews]]></category>
		<category><![CDATA[#XUpdate]]></category>
		<guid isPermaLink="false">https://journosnews.com/?p=10605</guid>

					<description><![CDATA[<p>Elon Musk Sells Social Media Platform X to His AI Company xAI in $33 Billion Deal Elon Musk has made another bold move in the tech industry, selling his social media platform, X, to his artificial intelligence company, xAI, in an all-stock deal valued at $33 billion. The billionaire entrepreneur announced the transaction on Friday, [&#8230;]</p>
<p>The post <a href="https://journosnews.com/elon-musk-sells-x-to-his-ai-company-xai-in-33-billion-deal/">Elon Musk Sells X to His AI Company xAI in $33 Billion Deal</a> appeared first on <a href="https://journosnews.com">Journos News - Breaking News, World News, Top Stories, Todays Headlines and Flash Reports</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2><strong>Elon Musk Sells Social Media Platform X to His AI Company xAI in $33 Billion Deal</strong></h2>
<p>Elon Musk has made another bold move in the tech industry, selling his social media platform, X, to his artificial intelligence company, xAI, in an all-stock deal valued at $33 billion. The billionaire entrepreneur announced the transaction on Friday, describing it as a strategic step to integrate AI-driven advancements with X’s extensive user base.</p>
<p>Both X and xAI are privately held companies, meaning they are not obligated to disclose their financial details publicly. However, Musk emphasized the potential benefits of the deal, stating that it will &#8220;unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.&#8221;</p>
<p>The deal values xAI at $80 billion and X at $33 billion. Musk originally acquired the platform—then known as Twitter—for $44 billion in 2022. Since then, he has significantly reshaped the company, cutting staff, altering content moderation policies, and rebranding it as X.</p>
<p>Musk launched xAI in 2023, focusing on artificial intelligence development. With this latest merger, he aims to integrate AI more deeply into X, leveraging the platform’s vast data and user interactions to enhance AI capabilities.</p>
<p>“xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution, and talent,” Musk posted on X. “This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach. The combined company will deliver smarter, more meaningful experiences to billions of people while staying true to our core mission of seeking truth and advancing knowledge.”</p>
<p>It remains unclear how this deal will impact everyday X users. xAI already utilizes data from X posts to train its AI models, and premium X subscribers have access to its AI chatbot, Grok. Whether this merger will introduce new AI-driven features or alter user experiences significantly is yet to be seen.</p>
<p>Musk’s latest move reinforces his long-term vision of integrating artificial intelligence into digital communication platforms, potentially reshaping the future of online interactions.</p>
<p><em>Source: AP News &#8211; <a href="https://apnews.com/article/x-musk-sale-xai-b245f463076ac9b72c41f92160dc77eb">Elon Musk sells X to his own xAI for $33 billion in all-stock deal</a></em></p>
<p>The post <a href="https://journosnews.com/elon-musk-sells-x-to-his-ai-company-xai-in-33-billion-deal/">Elon Musk Sells X to His AI Company xAI in $33 Billion Deal</a> appeared first on <a href="https://journosnews.com">Journos News - Breaking News, World News, Top Stories, Todays Headlines and Flash Reports</a>.</p>
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