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Futures
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Simple Earn
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New
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Eliza Labs sues Musk's X company
According to ChainCatcher news and a report by Reuters, software development company Eliza Labs has filed a lawsuit against Musk's X company, accusing it of stealing its technology and launching a copycat product after suspending Eliza's social media account. Eliza Labs claims that Company X is using its market dominance to suppress competition and is forcing developers to pay high fees to continue using the platform. The case has been filed in the Northern District Federal Court of California, and Company X has not yet responded to this.