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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2023\/04\/11\/twitter-inc-is-now-x-corp\/<\/a><\/br> Twitter, Inc. is now called X Corp, according to a court filing<\/a> in California.<\/p>\n Since Twitter is no longer a public company, it does not have to report updates like name changes to the SEC. But in any case, the new name was spotted in an April 4 document related to far-right activist Laura Loomer\u2019s lawsuit<\/a> against Twitter and Facebook.<\/p>\n \u201cTwitter, Inc. has been merged into X Corp. and no longer exists,\u201d the document states.<\/p>\n Elon Musk, who purchased Twitter<\/a> for $44 billion last year, has aspired to build what he calls \u201cX, the everything app<\/a>.\u201d\u00a0This proposed app might look like<\/a> China\u2019s WeChat, which supports messaging, payments, ride-sharing, food delivery and other services all in one app. Musk has applauded WeChat for its convenience and utility, yet its unique dominance could be impossible to replicate<\/a> outside of China. The name also harks back to X.com<\/a>, Musk\u2019s financial services startup that spun into PayPal.<\/p>\n This move could be seen as the next step toward Musk building his super app, but the mogul does not have a great track record<\/a> with following through on his plans. Yet the name change is not unprecedented. As CEO of Tesla, Musk has shown that vertical integration is well-loved page in his playbook \u2014 just look how many subsidiaries<\/a> the car company has.<\/p>\n For now, Twitter is riddled with enough bugs<\/a> to keep its skeleton crew of engineers busy, while the revamped Twitter Blue subscription<\/a> is not pulling in the revenue it needs. Even if Twitter is now part of the X Corp, the proposed X app seems very far off.<\/p>\n<\/p><\/div>\n <\/br><\/br><\/br><\/p>\n
\nTwitter, Inc. is now X Corp<\/br>
\n2023-04-11 21:36:23<\/br><\/p>\n