Senators Demand Apple and Google Remove X and Grok Apps Over Explicit Content Issues
- Senatorial Pressure: Senators Ron Wyden and others have demanded that Apple and Google immediately remove the X and Grok apps due to their failure to effectively prevent users from sharing explicit images without consent, which could lead to legal repercussions.
- Content Moderation Warning: The senators warned that inaction would undermine Apple and Google's claims of providing a safer user experience, potentially damaging their reputations in public and legal contexts regarding content moderation practices.
- Deepfake Content Issues: Users have been creating and sharing deepfake sexual content through Grok and X, involving individuals who did not consent to the use of their images, prompting investigations by governments in multiple countries and raising concerns about platform content regulation.
- xAI's Successful Funding: Despite ongoing controversies, xAI announced this week that it secured $20 billion in funding, exceeding its initial $15 billion target, reflecting strong investor demand for its technology and potentially raising its valuation to $230 billion.
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Technical Analysis for XAI
Technical Sentiment Analysis for Xai (XAI) As of , Xai (XAI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XAI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, XAI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Xai (XAI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00403 | 0.00639 | 0.00891 | 0.0113 | 0.0138 | 0.0162 | 0.0187 |
| Fibonacci | 0.00639 | 0.00826 | 0.00941 | 0.0113 | 0.0131 | 0.0143 | 0.0162 |
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