Tag: Elon Musk X

Not dead! X surpassed Instagram, Facebook in driving traffic via Google? Elon Musk reacts
29Nov By adminNo Comments
Technology

Not dead! X surpassed Instagram, Facebook in driving traffic via Google? Elon Musk reacts

[ad_1] The exodus of major advertisers from X (formerly Twitter), after it was revealed that ads were shown alongside antisemitic posts and other problematic content, resulted in a number of critics claiming that the platform may actually succumb due to a revenue crunch. Despite multiple posts suggesting otherwise by the owner and chief technical officer (CTO) Elon Musk, many have continued to make similar assertions even claiming that the continued political polarization may lead to users leaving in large numbers. Recently, a user posted a screenshot of data that highlighted that X gets more organic traffic through Google than competitors Instagram and Facebook which led to Musk reacting in a hilarious manner.Elon Musk reacts to X surpassing competitors in driving trafficThe original p...
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Elon Musk-owned X can lose up to $75 mn by the end of 2023 due to advertisers fleeing, says report
25Nov By adminNo Comments
Technology

Elon Musk-owned X can lose up to $75 mn by the end of 2023 due to advertisers fleeing, says report

[ad_1] The advertising woes for X (formerly Twitter) are growing by the day. Recently, the platform witnessed major companies pulling out of showing ads including Apple, IBM, and Comcast. Now, a new report claims that the Elon Musk-owned social media platform can lose as much as 75 million dollars by the end of 2023 due to the exodus of companies. It all started after some reports emerged claiming that Musk backed an antisemitic post on the platform last week. On X, Musk could be seen agreeing to a poster that said Jewish communities hate white communities. This has led several companies including Walt Disney and Warner Bros Discovery to pause their advertisements on the site formerly called Twitter. X faces advertising woesX has struck back and sued media watchdog group Media Matters, ...
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Elon Musk does huge U-turn; says will bring back news headlines from link previews on X
24Nov By adminNo Comments
Technology

Elon Musk does huge U-turn; says will bring back news headlines from link previews on X

[ad_1] Elon Musk has announced that news articles shared on X (formerly Twitter) will once again feature headlines, instead of just the image in the URL card. This move has reversed his controversial decision from October 2023, when he removed headlines from news articles shared on the platform to reduce the height of the preview window and improve the aesthetics. At the time, many users complained that it would be difficult to contextualize the content of a URL with just the header image.Musk made the announcement yesterday in a post on X where he said, “In an upcoming release, X will overlay title in the upper portion of the image of a URL card”. Interestingly, the reversal will not put the headline back to its original position but at the top of the link preview window, as per the po...
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Musk’s X sues liberal advocacy group Media Matters over its report on ads next to hate groups’ posts
22Nov By adminNo Comments
Technology

Musk’s X sues liberal advocacy group Media Matters over its report on ads next to hate groups’ posts

[ad_1] Elon Musk's social media company X filed a lawsuit against liberal advocacy group Media Matters for America on Monday, saying it manufactured a report to show advertisers' posts alongside neo-Nazi and white nationalist posts in order to “drive advertisers from the platform and destroy X Corp.” Media Matters, a Washington, D.C.-based non-profit, called the lawsuit “frivolous.” Advertisers have been fleeing the site formerly known as Twitter over concerns about their ads showing up next to pro-Nazi content — and hate speech on the site in general — while billionaire owner Musk has inflamed tensions with his own posts endorsing an antisemitic conspiracy theory. IBM, NBCUniversal and its parent company Comcast said last week that they stopped advertising on X after the Media Matter...
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Backlash Spreads Over Elon Musk’s Endorsement of Antisemitic Post
18Nov By adminNo Comments
Technology

Backlash Spreads Over Elon Musk’s Endorsement of Antisemitic Post

[ad_1] Outcry over unchecked antisemitic content and commentary on social media site X, some of it endorsed by the platform's owner Elon Musk, reached a tipping point on Friday, with large advertisers such as Apple Inc. pulling ads and the White House chastising the billionaire. Musk, who regularly engages with antisemitic users on X, agreed with a post that said Jewish people hold a “dialectical hatred” of white people. “You have said the actual truth,” Musk responded.  The White House called Musk's reply an “unacceptable” act that endangers Jewish communities. Meanwhile, several Tesla Inc. shareholders also spoke out against Musk, who is the chief executive officer of the electric car maker, with some saying he should be suspended from his post. Americans have “an obligation to speak ...
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Elon Musk’s son named after S Chandrasekhar, Union IT minister discovers at UK AI Summit
2Nov By adminNo Comments
Technology

Elon Musk’s son named after S Chandrasekhar, Union IT minister discovers at UK AI Summit

[ad_1] While attending the AI Safety Summit in the UK as India's representative, Union IT Minister Rajeev Chandrasekhar unexpectedly encountered Tesla CEO Elon Musk. The series of surprises did not stop there as the IT minister struck up a conversation with the billionaire and found out that Musk's son's middle name was the same as his last name - Chandrasekhar. The Union minister shared this strange coincidence online in a post on X (formerly Twitter).Posting on Musk's social media platform X, the Minister of State for Entrepreneurship, Skill Development, Electronics, and Technology posted that the tech billionaire shared that his son with tech venture capitalist Shivon Zilis has the middle name “Chandrasekhar”, after Nobel laureate Professor Subrahmanyan Chandrasekhar. Rajeev Chandras...
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The ‘Everything app’ plan: Elon Musk reveals more new features for X – Know what he said
1Nov By adminNo Comments
Technology

The ‘Everything app’ plan: Elon Musk reveals more new features for X – Know what he said

[ad_1] Twitter was transformed into X earlier this year, and while the change was essentially a logo, name, and domain shift, company owner Elon Musk has much grander plans for his platform. From a simple messaging platform, in his own words, Musk wants to turn X into an ‘everything app', similar to China's WeChat, where people can do a bunch of different things outside of typical social media activities on the app itself. This can include even checking your bank account balance, applying for a job, watching a live stream, shopping for clothes, and even finding a date. Even if it sounds ridiculous, Musk is pretty serious about it and mentioned it all during the company's first all-hands employee meeting.According to a report by The Verge, which published the full transcript of the meeti...
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After banking features, what else is Elon Musk planning to bring to X? Know them all
31Oct By adminNo Comments
Technology

After banking features, what else is Elon Musk planning to bring to X? Know them all

[ad_1] X (formerly Twitter) is going to get quite a few banking and finance features in 2024, and they will include payment-related features too. That is the intent Elon Musk has expressed often. As such, those who are wondering about the connection between financial services and social media should not be surprised, as company owner Musk has said that he plans to turn X into an “everything app”, much like China's WeChat and Alipay. But an everything app does not just have payments, it is also required to have a lot of other services as well. So, what exactly is Musk planning to bring to X? Let us take a look.New services and features that can soon come to XAmong the first could be a news distribution service. According to a report by Bloomberg, the service will be called XWire, and it ...
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Elon Musk’s X Is Worth Less Than Half of Price He Paid for Twitter
31Oct By adminNo Comments
Technology

Elon Musk’s X Is Worth Less Than Half of Price He Paid for Twitter

[ad_1] X, the platform formerly known as Twitter, is worth less than half of what Elon Musk paid for it a year ago. Restricted stock units awarded to employees value the company at $19 billion, or $45 a share, according to a person familiar with the matter. A year ago, Musk bought Twitter Inc. for $44 billion.  Since the takeover, most of Twitter's staff was laid off or resigned. Musk renamed the company X, changed some of its content rules and lost more than half of its advertising revenue. Fortune earlier reported on the valuation, citing an internal memo.  The company has struggled financially under Musk's ownership. At the time of the takeover, Twitter was valued at $44 billion, based on a mix of debt and equity. Musk's purchase saddled the company with $13 billion in debt and ove...
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