
X marks the spot: Yellen tells Congress US could run out of money to pay all its bills by June 5
Treasury Secretary Janet Yellen has told Congress that the U.S. could default on its debt obligations by June 5 if lawmakers do not act in time to raise the federal debt ceiling
2023-05-27 05:57

EU’s Von der Leyen Pledges to Help Italy Curb Migrant Wave
Ursula von der Leyen, the head of the European Commission, visited Italy’s island of Lampedusa on Sunday after
2023-09-17 20:45

Cathay Unseats Singapore Air as Stock Winner on Travel Revival
A reversal in the fortunes for shares of Cathay Pacific Airways Ltd. and Singapore Airlines Ltd. may extend
2023-08-04 08:21

Lufthansa extends flight stop to Israel until Oct 22
FRANKFURT Lufthansa on Thursday extended its suspension of flights to Israel until Oct. 22 over security concerns, the
2023-10-13 02:55

Vodafone, Hutchison unveil UK mobile merger
LONDON/HONG KONG Vodafone and CK Hutchison will merge their British operations, the two groups said on Wednesday, creating
2023-06-14 18:26

Sweden Holds Grim Warning for the $4 Billion Padel Craze
Padel, the racket sport craze currently sweeping across much of the planet, has turned into a cautionary tale
2023-09-16 14:54

Capital One shares up after billionaire investor Buffett's near $1 billion bet on bank
Shares of Capital One Financial Corp rose in premarket trading on Tuesday after billionaire investor Warren Buffett's holding
2023-05-16 18:56

Sahel Deaths Are Surging, Contradicting Juntas’ Security Claims
The number of people killed in Africa’s central Sahel region is surging this year, contradicting the claims by
2023-08-07 20:22

US job openings at more than two-year low but still elevated
By Lucia Mutikani WASHINGTON U.S. job openings fell to the lowest level in more than two years in
2023-08-02 00:19

Homebuilding bounced back in September
US homebuilding bounced back in September, after dropping in August to the lowest levels since 2020 as mortgage rates climbed.
2023-10-18 21:46

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

Microsoft, Google strategy to test AI search ads irks some brands
By Sheila Dang Alphabet's Google and Microsoft are inserting ads into AI experiments without providing an option to
2023-06-08 18:51
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