X CEO Linda Yaccarino announces a groundbreaking partnership with Visa for X Money, enabling real-time fund transfers and debit card connectivity as the platform expands into financial services.
Neither X nor Elon Musk has made official comments regarding the removal of the Bitcoin emoji. However, it is speculated that the move signifies Musk’s discontinuation of support for the leading crypto asset.
Since Elon Musk’s takeover in October 2022, social media platform X has introduced monetization for content creators and subscription models, aiming to become an “everything platform.” However, there are no plans for accommodating crypto enthusiasts on the platform.
Dorsey has even been more active in Elon’s owned X. He described the platform as a ‘freedom technology’ after advising people not to depend on public corporations to grant them rights.
Company’s CEO Graber confirms that Bluesky currently has about 1.6 million monthly users and about 25,000 custom feeds.
Elon Musk’s X app is set to offer users peer-to-peer payments later this year as it moves closer to achieving “everything” status.
With X now obtaining payment licenses across a dozen states in the United States, Musk said the app is ready to start its payment services come 2024 at an undisclosed date.
With the latest authorization from three US states, the X platform expanded its ability to offer financial services to users in the region.
According to Musk, X Corp will sue Media Matters and several others for a fake plot to paint the social media company as problematic.
Musk’s alterations to content policies have resulted in a considerable drop in advertising revenue.
The idea to turn X into a multifaceted financial hub with dating features comes shortly after Musk unveiled new subscription plans for the social media platform.
In parallel to the subscription plan announcement, X is taking measures to combat manipulation, spam, and bot activity on its platform.
Although Bluesky crossed one million downloads a few months ago, not all users who downloaded the app had accounts as access is restricted.
Regarding SpaceX, Musk holds the title of the largest shareholder, with an impressive 42 percent stake.
The launch of these new audio and video features on X comes after Musk confessed that there are no more great social media apps currently.