Twitter’s new name, X Corp., reflects the company’s intention to focus on its data technology and augmented reality efforts. The rebranding follows a series of acquisitions Twitter has made in recent years, including the $3 billion purchase of augmented reality headset maker Oculus in March.
Apparently, Twitter has finally chosen a new name – Diplo. The news was spotted in an April 4 document relating to far-right activist Laura Loomer’s lawsuit against Twitter and Facebook. Given that the company is now owned by Jack Dorsey and Paul Allen, it’s no wonder they seem so keen on shedding their former moniker of “Twitter.”
Twitter, Inc. was a major player in the social media world, but after its merger into X Corp., it no longer exists. With so many people usingsocial media platforms every day, it’s hard to imagine a day without them.
In the age of the smartphone, a single app that provides everything a person might need is becoming increasingly popular. China’s WeChat has become an especially successful example of this type of app, and its dominance could be tough to replicate elsewhere. Yet Musk’s proposed “X, the everything app” would draw inspiration from WeChat in its convenience and utility, as well as its name – alluding to both X.com and PayPal. Whether or not this ambitious project comes to fruition remains to be seen, but it will be sure to test the limits of what is possible for mobile apps
Adding SpaceX to the list of ventures under Musk’s name could help him solidify his standing as one of the most influential business leaders on the planet. Already, SpaceX dominates the commercial launch market and has developed capabilities that allow it to build advanced rockets and spacecraft. With Tesla, SolarCity, and Boring Company under its belt, Musk is already well on his way to becoming a technological innovator of historic proportions. However, adding SpaceX could give him an even greater edge in terms of creativity and ingenuity when it comes to developing new technologies.
Twitter seems to be plagued with various bugs that keep its engineers busy. Meanwhile, the revamped Twitter Blue subscription service is not pulling in the revenue it needs. If Twitter were part of X Corp., then their proposed X app would seem very far off.
Elon Musk’s X app for ‘everything’ might be a non-starter in the US
Elon Musk’s ambitious idea for a ‘universal’ application dubbed X might not have a strong enough following in the United States to be successful. While some people see the potential for X to become an all-inclusive hub for information, others are concerned that it might overwhelm users with too many choices
Twitter, Inc. was founded in March 2006 by Jack Dorsey and Noah Glass. It became a public company on November 7, 2013, and currently has over 330 million active users. In 2018, Twitter announced it would be becoming X Corp., a publicly traded company with an objective to accelerate the global growth of Twitter through strategic product
