Tag: X payout

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...
X paid nearly $20 million to content creators on its platform, reveals CEO
Technology

X paid nearly $20 million to content creators on its platform, reveals CEO

[ad_1] Elon Musk completed his purchase of X (formerly Twitter) in October last year and his term began with brutal efficiency as he laid off a sizeable chunk of the staff, preferring quality of work over quantity of workers. Announcing his purchase, Musk declared “bird is freed”. However, that bird was given the boot recently as the Tesla CEO rebranded Twitter to X, aiming to develop it into a super app, much like China's WeChat. In the last few months, X has been also trying to push content creators to make content on its platform by offering payouts and has handed millions of dollars so far. X paying content creatorsIn an X post on September 29, X CEO Linda Yaccarino announced that the platform has paid nearly $20 million to content creators on its platform. The post said, “Create. C...