Analysis-Canada's immigration creates 'mirage' of economic prosperity - economists
By Steve Scherer and Fergal Smith OTTAWA Canadian Prime Minister Justin Trudeau has fueled economic growth and plugged
2023-07-26 18:21
Will climate change hit Mediterranean tourism?
Destructive fires, temperatures topping 40 degrees Celsius (104 degrees Fahrenheit) and tourists dodging possible catastrophe by staying home. Will climate change end up transforming tourism...
2023-07-26 17:48
TikTok to launch e-commerce program to bring Chinese goods to the US - source
By Josh Ye (Reuters) -TikTok plans to launch a program in August to help Chinese merchants sell goods globally, and
2023-07-26 17:27
Kuwait records first fiscal surplus in nearly a decade: ministry
Kuwait recorded its first surplus in nine years for the 2022-2023 fiscal year which ended in March, the finance ministry said on Wednesday, crediting last...
2023-07-26 17:24
Santander posts record profit despite special tax
Spanish lender Banco Santander reported Wednesday a record profit for the first half of the year despite a windfall tax imposed on banks, as rising...
2023-07-26 16:53
Alphabet rallies as Google Search unfazed by challenge from Microsoft's Bing
Alphabet rallied nearly 7% on Wednesday on signs its dominant Google Search business was faring well in an
2023-07-26 16:48
xQc flaunts branded watch worth 6 figures after $100M Kick deal, Internet says ‘too much money for 1 day of happiness’
xQc said, 'I rarely get myself anything but I’ve been wanting it for a while and finally got it and it makes me really happy so I thought I’d share'
2023-07-26 16:47
UK bank NatWest CEO resigns after Farage 'error'
The chief executive of Britain's NatWest bank, Alison Rose, stepped down Wednesday after admitting a "serious error of judgment" in speaking to a reporter about the...
2023-07-26 16:23
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
What is Chuck Norris' net worth? Martial artist settles lawsuit against CBS and Sony over 'unpaid streaming profits' from 'Walker, Texas Ranger'
American Martial artist Chuck Norris settles $30M lawsuit against CBS and Sony for 'Walker, Texas Ranger' revenues, claiming unpaid streaming earnings
2023-07-26 14:27
Wind of change picks up for German region's energy sector
Residents of the rural Bavarian village of Schnabelwaid have said "yes" to the installation of wind turbines on the hillside next to their community in a rare win for an...
2023-07-26 14:27
US Federal Reserve likely to lift interest rates to 22-year high
The US Federal Reserve is poised to announce a fresh quarter percentage-point hike to its benchmark lending rate on Wednesday to tackle inflation, while keeping the option open for more...
2023-07-26 13:24
You Might Like...
Hyundai and Kia recall nearly 92,000 vehicles and tell owners to park them outside due to fire risk
Futures edge up as focus shifts to Fed meeting minutes
Futures dip as Russia turmoil dampens global mood
EU, Japan talk cooperation on raw materials
Republicans pause debt talks as W.House says 'real differences'
Best Buy just revealed plans for an Oct. savings event to rival Prime Day — here's what you need to know
ChatGPT dragged to US court over AI copyright
No happy dance in the cards as Fed ponders resilient US economy