New York Times

President-elect Donald J. Trump and his allies have vowed to squash an online “censorship cartel” of social media firms that they say targets conservatives. Already, the president-elect’s newly chosen regulators at the Federal Communications Commission and the Federal Trade Commission have outlined plans to stop social media platforms like Facebook and YouTube from removing content the companies deem offensive — and punish advertisers that leave less restrictive platforms like X in protest of the lack of moderation. In Europe, social media companies face the opposite problem.

President-elect Donald J. Trump transferred all of his shares in the social media company that bears his name to a trust controlled by his eldest son, according to a regulatory filing. The filing with the Securities and Exchange Commission said Mr. Trump had moved his roughly 115 million shares in Trump Media & Technology Group, the parent company of Truth Social, to the trust.

The Supreme Court agreed to hear TikTok’s challenge to a law that could ban its U.S. operations, putting the case on an exceptionally fast track, culminating in oral arguments at a special session on Jan. 10. In setting aside two hours for the argument, the justices signaled that they viewed the case as presenting questions of exceptional importance. The move came only two days after TikTok and its Chinese parent company filed an emergency application.

Elon Musk and his rocket company, SpaceX, have repeatedly failed to comply with federal reporting protocols aimed at protecting state secrets, including by not providing some details of his meetings with foreign leaders. Concerns about the reporting practices—and particularly about Mr. Musk, who is SpaceX’s chief executive—have triggered at least three federal reviews. The Air Force also recently denied Mr. Musk a high-level security access, citing potential security risks associated with the billionaire.