Elon mask
Welcome to Elon Musk’s Twitter (now X), where the rules are made up and the check marks don’t matter.
The Tesla and SpaceX CEO first announced his bid to buy Twitter in April 2022, zealously driven to rid the platform of spam bots and protect free speech.
“This is just my strong, intuitive sense that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization,” Musk said at a TED conference on the day he made his offer. “I don’t care about the economics at all.”
Even for one of the richest men in the world, $44 billion is a lot of money to cough up to buy a middling social platform. Despite his fervent declarations about expanding “the scope and scale of consciousness” through public discourse, the billionaire got cold feet. A month later in May, he tried to kill the deal, claiming that Twitter had more bots than its public filings let on. After a truly chaotic legal discovery process, which even included some embarrassing texts, Musk was forced to seal the deal. By October, the platform was his.
Since Musk bought Twitter and took the company private, the news around the microblogging platform has been a whirlwind, rife with verification chaos, API access shakeups, ban reversals, staggering layoffs, and most notably, rebranding to X.
Musk also transitioned from his role as Twitter (X) CEO to serving as its executive chair and CTO. It was announced on May 12 that Linda Yaccarino will step in as the next X CEO. Yaccarino will be leaving her role as chairman of Global Advertising & Partnerships at NBCU.
The company said that creators who have garnered 5 million impressions in the last three months will be eligible for ad revenue sharing. That requirement was previously set to 15 million impressions.
Creators will be able to withdraw as low as $10 instead of $50, X said. Users still need to be verified and must have at least 500 followers to qualify for payouts.
Source : TechCrunch .com 