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Tag Archives: Twitter

Elon Musk Allegedly Has Big Financial Plans for X, aka Twitter

Elon Musk – the South African billionaire behind successful companies like Tesla and SpaceX – has some huge plans for Twitter, which he’s recently renamed “X.” He wants to make the social media platform the ultimate financial giant by allegedly building a crypto and stock trading platform within its walls. Elon Musk is Potentially Turning X into a Financial Powerhouse The news comes after documents were leaked suggesting Musk received financial data from anonymous...

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X Rival Social Networking App Bluesky Now Has 1 Million Users

Although Bluesky crossed one million downloads a few months ago, not all users who downloaded the app had accounts as access is restricted. Social networking service Bluesky has now hit a million users. The app, which originally spun out of Twitter (now known as X), officially hit this milestone, according to a recent post. A strategy and operations personnel at Bluesky, Rose Wang made a post on X announcing the news. According to an image posted by Wang, Bluesky has 1,000,055 users....

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Elon Musk Rebrands Twitter to “X,” Again Plays with the Idea of Doge Payments

Elon Musk is back in the news. First off, he’s rebranding Twitter to “X,” a simple name for what is undoubtedly becoming a very complicated social media platform given all the hype, hoopla, and controversy that has surrounded it since he bought it last year. Elon Musk is Again Touting Dogecoin Second, he’s once again playing with the idea of utilizing Dogecoin as an official payment tool for all users of Twitter turned X, and it appears his sentiment towards the...

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Elon Musk Secured $1B Loan from SpaceX amidst Twitter Acquisition

Regarding SpaceX, Musk holds the title of the largest shareholder, with an impressive 42 percent stake. Elon Musk, the visionary entrepreneur known for pushing the boundaries of space exploration and electric vehicles, has once again captured headlines for his audacious financial moves. A recent report from the Wall Street Journal (WSJ) has revealed that Musk secured a substantial loan of $1 billion from SpaceX, around the same time he was finalizing the acquisition of Twitter Inc, which...

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Elon Musk Teases at Audio and Video Features of X

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. Only a few weeks after Twitter’s former Chief Executive Officer (CEO) Elon Musk renamed the social media platform to X, he has now announced the coming of new features to the app. Some of the expected features are audio and video calls but the specific date of their launch remains unknown to members of the public. According to Musk, these new features...

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X to Collect Users’ Biometric Data after Privacy Policy Update

While on the surface, this may seem like an attempt to provide value to users, it highlights the ongoing tension between personalized experiences and the ethical use of personal data. X, the social media networking giant, formerly known as Twitter, has revised its privacy policy to incorporate the collection and utilization of users’ biometric information. The New Biometric Data Policy With its roots as a microblogging site, X has evolved into a global communications platform that plays a...

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Dogecoin Pumps After Elon Musk Secures Crypto Wallet License For X

Is Elon Musk going to bring crypto payments to X? In a Monday filing, the tech billionaire’s social media platform secured the Rhode Island Currency Transmission License, which is crucial for offering such services within the state. Dogecoin On X? The approval, confirmed by the Nationwide Multistate Licensing System (NMLS), comes after X (formerly Twitter) began applying for money transmitter licenses in every required U.S. state last month. In the United States, money...

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Crypto Scammers Using Gold Verfication on X (Twitter) Are Out of Control, Says ZachXBT

According to cybersecurity researcher ZachXBT, the feature meant to prevent scammers from impersonating legitimate organizations merely created a new black market. Previously, all verified accounts had blue checkmarks. Now, blue checkmarks indicate that the owner of the account has an X Premium subscription and meets the requirements to display the checkmarks. Government officials, multilateral organizations, and individuals acting as government representatives now qualify...

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Coinbase to Explore Adding Bitcoin Lightning Network for Global Crypto Payments

CoinspeakerCoinbase to Explore Adding Bitcoin Lightning Network for Global Crypto Payments While Coinbase is still planning to leverage the Bitcoin Lightning Network, the company's rival Binance already completed the integration of the L2 network last month. Coinbase to Explore Adding Bitcoin Lightning Network for Global Crypto Payments

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