Tag: X Elon Musk

On Elon Musk’s X, influencers are minting money from misinformation
Technology

On Elon Musk’s X, influencers are minting money from misinformation

[ad_1] Influencers on X are monetizing misinformation about conflicts in the Middle East, leveraging the platform's contentious policies that researchers say prioritize engagement over accuracy. Since Elon Musk's turbulent 2022 acquisition of X, formerly Twitter, the site has restored thousands of once-banned accounts and introduced a paid verification system that critics say has boosted conspiracy theorists. X also rolled out an ad revenue-sharing program for verified users, who often peddle hateful and false information to profit from the platform. "Cynical pay-for-play controversialists today deliberately induce anger for engagement to game Musk's platform into giving them more visibility, and therefore more revenue for their views," Imran Ahmed, chief executive of the Center for Co...
MrBeast posts first video on X and gets Elon Musk boost! Will it bolster X’s video-first strategy?
Technology

MrBeast posts first video on X and gets Elon Musk boost! Will it bolster X’s video-first strategy?

[ad_1] Ever since he took over X (formerly Twitter), billionaire Elon Musk has implemented a myriad of changes on the microblogging platform. It started with mass layoffs which saw the reduction in over 80 percent of X's workforce. Then, Musk stopped legacy verification and brought out Twitter Blue, following which Larry the Bird was phased out and Twitter was officially rebranded to X. All these changes have been introduced in a bid to make it a super app that can compete with China's WeChat, offering services such as audio, video, messaging, and potentially payments and banking. However, that isn't attracting advertisers on the platform, even though X's latest move involves becoming a “video-first platform”. Know all about it. X video-first platform strategy gets MrBeast boosterX has ...
From AI and inflation to Elon Musk and Taylor Swift, the business stories that dominated 2023
Technology

From AI and inflation to Elon Musk and Taylor Swift, the business stories that dominated 2023

[ad_1] The tide turned against inflation.Artificial intelligence went mainstream — for good or ill. Labor unions capitalized on their growing might to win more generous pay and benefits. Elon Musk renamed and rebranded the social media platform Twitter, removed guardrails against phony or obscene posts and ranted profanely when advertisers fled in droves.The American housing market, straining under the weight of heavy mortgage rates, took a wallop.And Taylor Swift's concert tour scaled such stratospheric heights that she invigorated some regional economies and drew a mention in Federal Reserve proceedings.A look back at 10 top business stories in 2023:RAGING AGAINST INFLATIONThe Fed and most other major central banks spent most of the year deploying their interest-rate weapons against t...
Elon Musk’s X to roll out pinned hashtags in Communities; Check out this exciting benefit
Technology

Elon Musk’s X to roll out pinned hashtags in Communities; Check out this exciting benefit

[ad_1] We recently found out about X owner Elon Musk's plans to turn the social media platform into an “everything app”, after his speech from the all-hands meeting with the employees was leaked. He talked a lot about Communities, highlighting that it is growing at a rapid pace. Perhaps to double down on that growth, X will soon get another new feature in Communities. This new feature, pinned hashtag, will allow group admins to pin certain hashtags at the top and allow users to follow a certain topic within the group.AndroidAuthority found a string of codes with the latest version of X for Android, where this hidden feature was found. The feature not being present at the moment could be due to the developers deactivating it to conduct tests, or to later release with additional lines of ...
Elon Musk pulls plug on paying for X factchecks
Technology

Elon Musk pulls plug on paying for X factchecks

[ad_1] Elon Musk has said that corrections to posts on X would no longer be eligible for payment as the social network comes under mounting criticism as becoming a conduit for misinformation. In the year since taking over Twitter, now rebranded as X, Musk has gutted content moderation, restored accounts of previously banned extremists, and allowed users to purchase account verification, helping them profit from viral -- but often inaccurate -- posts.Musk has instead promoted Community Notes, in which X users police the platform, as a tool to combat misinformation. But on Sunday, Musk tweeted a modification in how Community Notes works. "Making a slight change to creator monetization: Any posts that are corrected by @CommunityNotes become ineligible for revenue share," he wrote."The idea...
X could turn profitable next year, reveals CEO Linda Yaccarino
Technology

X could turn profitable next year, reveals CEO Linda Yaccarino

[ad_1] Over the last 12 months, X (formerly Twitter) has undergone a multitude of changes. Elon Musk's acquisition of the microblogging platform has spurred controversy from day 1, with people calling measures such as the removal of verification, and temporarily limiting tweet views draconian. After managing the company as the CEO for a while, Musk appointed Linda Yaccarino as his successor. This change hasn't really moved people's opinions about the Musk-owned company, as its rival Threads soared in popularity as soon as it was launched by Meta. Despite this, X could turn profitable next year and most of its top advertisers are back, according to the CEO. On profits and advertisersAccording to a report by The Verge, at the Code Conference 2023, CNBC's Senior Media & Tech Correspond...
Elon Musk says X, the new Twitter, will have just the Dark mode soon
Technology

Elon Musk says X, the new Twitter, will have just the Dark mode soon

[ad_1] It has become hard to predict what goes on in the mind of X (formerly known as Twitter) owner Elon Musk ever since he muscled an entire rebranding campaign onto the platform within just 3 days. And the successful maneuvering of the move has perhaps made the billionaire even more 'unhinged', at least that is what social media is insinuating. Yesterday, he announced in a tweet, that going forward, the platform will only support dark mode, bringing an instant worry to all those who do not prefer it since reading light-colored text on a dark background can be difficult sometimes. But Musk said, “It is better in every way”.On July 27, Musk tweeted. replying to an unrelated quote retweet about whether changing the blue tick to the black tick (a fan request) would not make sense in dark...