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What is Elon Musk’s ‘everything app’ X?
What is Elon Musk’s ‘everything app’ X?
Elon Musk’s plan to build an “everything app” is underway. After rebranding Twitter to X, the tech billionaire encouraged users to rethink the “whole concept” of what the platform is. Before he even purchased Twitter in October 2022, Mr Musk said that buying the site was an “accelerant” to creating a super app akin to China’s WeChat, India’s PayTM and Indonesia’s GoJek. These apps offer users the ability to not just make posts, but also send and receive payments, watch and listen to content, and even access services like booking taxis or ordering food deliveries. Earlier this month, Mr Musk reportedly secured money-transmitting licenses in three US states, suggesting it is already preparing to become a payments business. Linda Yaccarino, who took over as the chief executive of Twitter last month, gave more details about what the new X app will become, tweeting on Sunday that the rebranding was part of the company’s goal to “transform the global town square” beyond a social network. “X is the future state of unlimited interactivity – centred in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services, and opportunities. Powered by AI, X will connect us all in ways we’re just beginning to imagine,” she tweeted. “For years, fans and critics alike have pushed Twitter to dream bigger, to innovate faster, and to fulfil our great potential. X will do that and more. We’ve already started to see X take shape over the past 8 months through our rapid feature launches, but we’re just getting started.” X did not respond to a request for further information from The Independent about when such changes might take place. Shortly before his takeover of Twitter was complete, Mr Musk tweeted: “Twitter probably accelerates X by three to five years, but I could be wrong.” Mr Musk has had access to the X.com domain since 2000, during which time he was working on PayPal. Before rebranding Twitter, the website simply showed the letter ‘X’, but now redirects to Twitter.com. Earlier this year, Twitter changed its business name to X Corp to align with Mr Musk’s “everything app” vision, but social media experts have questioned whether such a concept could ever work outside of Asia. “I’ll believe it when I see it,” industry commentator Matt Navarra said at the time of Mr Musk’s takeover. “Super apps, as they are known in the industry, are not a new thing. They’ve been hugely successful in Asia, but have not really caught on elsewhere. Could Twitter form part of a super app that lets you buy goods, chat to friends, get news updates, book a taxi etc.? Sure. Can Elon Musk make it work? Possibly. Will Elon actually do it? Who knows. He seems to have commitment issues.” Others have raised concerns about whether ditching the Twitter brand and associated bird logo could further damage the platform’s reputation, which has been under heavy scrutiny since Mr Musk’s takeover last year. “By changing Twitter’s app name, Elon Musk will have single handedly wiped out over fifteen years of a brand name that has secured its place in our cultural lexicon,” Mike Proulx, a research director at advisory firm Forrester, told The Independent. “This is an extremely risky move because with ‘X,’ Musk is essentially starting over while its competition is afoot.” Read More Twitter rebrands to X as part of Elon Musk’s plan to create an ‘everything app’ Twitter no longer exists as a company What is Elon Musk’s ‘everything app’ X? Elon Musk’s ‘X’ is already trademarked by Mark Zuckerberg Elon Musk red-faced as police halt Twitter sign removal leaving firm called ‘ER’
2023-07-26 16:17
Norway angers climate activists with fossil fuel projects
Norway angers climate activists with fossil fuel projects
Norway's government gave the green light Wednesday to 19 oil and gas projects worth more than 200 billion kroner ($18.6 billion), a...
2023-06-28 19:57
UK borrowers brace for more expensive loans as inflation fails to fall as anticipated
UK borrowers brace for more expensive loans as inflation fails to fall as anticipated
Official figures show that consumer price inflation across the U.K. is unchanged at 8.7% in the year to May against expectations for a modest decline, a development that is likely to see the Bank of England raise the cost of borrowing again
2023-06-21 15:51
Argentina president, protesters slam IMF debt, austerity as economy creaks
Argentina president, protesters slam IMF debt, austerity as economy creaks
By Horacio Soria and Claudia Martini BUENOS AIRES Argentine President Alberto Fernandez and protesters in Buenos Aires pushed
2023-05-19 06:22
Pacific Prime Releases the State of Health Insurance Report 2023
Pacific Prime Releases the State of Health Insurance Report 2023
HONG KONG--(BUSINESS WIRE)--Oct 30, 2023--
2023-10-31 10:29
HSBC CEO Says Bonuses Should Remain ‘Sensible’ Even Without Cap
HSBC CEO Says Bonuses Should Remain ‘Sensible’ Even Without Cap
HSBC Holdings Plc Chief Executive Officer Noel Quinn said the UK’s move to scrap the cap on bankers’
2023-11-29 18:58
HealthTrust Executives, Experts to Participate in HSCA Leadership Summit
HealthTrust Executives, Experts to Participate in HSCA Leadership Summit
NASHVILLE, Tenn.--(BUSINESS WIRE)--Sep 19, 2023--
2023-09-19 19:20
VW completes sale of Kaluga plant in Russia
VW completes sale of Kaluga plant in Russia
BERLIN Volkswagen has completed the sale of its Kaluga production plant in Russia and its local subsidiaries, the
2023-05-19 17:56
Sunak Hints at UK Benefits Cut After ‘Huge’ Rise in Payments
Sunak Hints at UK Benefits Cut After ‘Huge’ Rise in Payments
Prime Minister Rishi Sunak said British welfare claimants saw a “huge” rise in their benefits this year, and
2023-09-10 10:29
Hot Temperatures to Return to Europe in July Amid Drought Alert
Hot Temperatures to Return to Europe in July Amid Drought Alert
Hot temperatures are set to return to northwest Europe in July, at a time when some parts of
2023-06-30 17:46
Mayo Clinic announces $5 billion expansion of Minnesota campus
Mayo Clinic announces $5 billion expansion of Minnesota campus
The Mayo Clinic has announced a $5 billion expansion plan that includes new buildings designed so they can evolve and expand as patient needs change over the coming decades
2023-11-29 01:23
GM withdraws 2023 guidance as UAW strike costs soar
GM withdraws 2023 guidance as UAW strike costs soar
By Joseph White DETROIT (Reuters) -General Motors on Tuesday withdrew its previous guidance for 2023 profits and near-term electric vehicle
2023-10-24 19:22