![]() ![]() December 2023 Musk says X is bringing video to Spaces soon ![]() Fidelity spent $19.2 million to acquire a stake in X back in October 2022 and made a valuation cut of 65% a year later. Mutual fund company Fidelity marked down its investment in X holdings by 71.5% from the original valuation of shares. Fidelity marks down X’s valuation by 71.5% The basic tier comes after X launched the $1,000 per month offering for businesses on the platform. X’s “Verified Organizations” program now has a $200 per month tier intended for small businesses. X launches “Verified Organizations” feature for small businesses The company seemingly pulled the new format hours later, but it’s now back. Multiple users reported that they could see titles on link cards on the web, with some titles being cut off due to character limits. X started showing headlines at the bottom of link preview cards again using a small font. X brought back, then removed, then brought back again, headlines to link previews The impacted accounts were reinstated a few hours later. X temporarily suspended the accounts of multiple journalists, commentators and podcasters who have been critical of Elon Musk, including The Texas Observer’s Steven Monacelli, The Intercept’s Ken Klippenstein, MintPress News’ Alan MacLeod and The TrueAnon podcast. Journalists critical of Elon Musk had their X accounts temporarily suspended In a blog post, the company claims it will launch peer-to-peer payments this year, to unlock “more user utility and new opportunities for commerce.” X also said that AI would be used to “increasingly power the X user and advertising experience” in search, ads and a forthcoming “See Dissimilar Posts” feature. X promises peer-to-peer payments, AI advances in 2024 Those who had NFT profile pictures still have hexagonal avatars, though it’s unclear if X will remove those as well. The feature, which allowed Twitter Blue subscribers to set NFTs minted on Ethereum as custom hexagonal profile pictures, was originally launched by previous management in January 2022. X quietly removed a feature for paid subscribers: the ability to set an NFT as their profile picture. Here’s a complete timeline of what’s going down at X, starting with the most recent news: January 2024 X removes support for NFT profile pictures Yaccarino left her role as chairman of Global Advertising & Partnerships at NBCU.Īs X enters year two of Musk’s ownership, here’s a comprehensive timeline of everything that’s happened since Elon let that sink in. It was announced on May 12 that Linda Yaccarino will step in as the next X CEO. Musk also transitioned from his role as Twitter/X CEO to serving as its executive chair and CTO. Since Musk bought Twitter and took the company private, the news around the microblogging platform has been a whirlwind, rife with verification chaos, API access shakeups, ban reversals, staggering layoffs, and most notably, rebranding to X. After a truly chaotic legal discovery process, which even included some embarrassing texts, Musk was forced to seal the deal. A month later in May, he tried to kill the deal, claiming that Twitter had more bots than its public filings let on. Despite his fervent declarations about expanding “the scope and scale of consciousness” through public discourse, the billionaire got cold feet. “I don’t care about the economics at all.”Įven for one of the richest men in the world, $44 billion is a lot of money to cough up to buy a middling social platform. “This is just my strong, intuitive sense that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization,” Musk said at a TED conference on the day he made his offer. The Tesla and SpaceX CEO announced his bid to buy Twitter in April 2022, zealously driven to rid the platform of spam bots and protect free speech now, it’s the one-year anniversary since he made his dramatic entrance to the company in October 2022, and the platform has changed so much that even its name is different. ![]() Welcome to Elon Musk’s Twitter ( now X), where the rules are made up and the check marks don’t matter. ![]()
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