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Fidelity Slashes Valuation of Musk's X Holdings by 71.5%

Mutual fund giant Fidelity has slashed X Holdings' valuation by a huge 71.5% after the advertiser fiasco. Here's more. ....

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X Holdings faces 71.5% valuation cut by Fidelity following turbulent year

Fidelity significantly reduces its valuation of Musk's X Holdings by 71.5%, reflecting the challenges and controversies faced by the company. ....

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Fidelity marks down X valuation by 71.5%

Mutual fund company Fidelity has marked down its investment in X holdings — the parent company of X (formerly Twitter) owned by Elon Musk — by 71.5% from the original valuation of shares, according to a new disclosure. Fidelity spent $19.2 million to acquire a stake in X back in October 2022. Notably, Fidelity's disclosures are one month behind the current date. ....

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Media execs' 2024 predictions on Disney, X, EPSN and more

Thirteen media executives anonymously offered up what they think will be among the industry's biggest moves in 2024. ....

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Apple Cuts Off Android's iMessage App Within a Day of Launch

Apple Cuts Off Android's iMessage App Within a Day of Launch
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