Eliza Labs sues Musk's X company

ChainCatcher news, according to Reuters, software development company Eliza Labs has filed a lawsuit against Musk's X company, accusing it of stealing its technology and launching imitation products after suspending Eliza's social media accounts.

Eliza Labs claims that X company is using its market dominance to suppress competition and 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 X company has not yet responded to this.