Musk aims to quintuple Twitter's revenue to $26.4 bln by 2028
2 years, 7 months ago

Musk aims to quintuple Twitter's revenue to $26.4 bln by 2028

The Hindu  

Elon Musk is aiming to increase Twitter's annual revenue to $26.4 billion by 2028, up from $5 billion last year, the New York Times reported on Friday, citing a pitch deck presented by the world's richest man to investors. The head of electric-vehicle maker Tesla Inc also aims to increase Twitter's cash flow to $3.2 billion in 2025 and $9.4 billion in 2028, the newspaper reported, citing the presentation. Revenue from Twitter Blue, the company's premium subscription service launched last year, is expected to have 69 million users by 2025, the NYT reported. Musk, in a now deleted tweet last month, suggested a raft of changes to the social media giant's Twitter Blue premium subscription service, including slashing its price.

Revenue Musk Billion Twitter 2028  revenue  2028  quintuple  billion  twitters  social  bln  media  aims  tesla  musk  264  users  twitter

History of this topic

Elon Musk's X hikes up price for premium plus plan to boost creator payments
Trending News
23 hours, 57 minutes ago

Elon Musk's X hikes up price for premium plus plan to boost creator payments

Hindustan Times  

Elon Musk-owned social platform X has increased the price of its premium-plus plan in several markets starting December 21, as the company aims to boost creator payments, reported Reuters. X, formerly Twitter, has increased the price of its premium plus subscription Their top-tier plan has increased from $16 to $22 per month in the United States, reported Reuters citing a …

Elon Musk’s wealth jumps by $170bn since election day after he backed Trump with $277m
1 week ago

Elon Musk’s wealth jumps by $170bn since election day after he backed Trump with $277m

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musks’s wealth has …

Bluesky is testing paid subscription features, may introduce paid tier like Elon Musk's X
1 week, 5 days ago

Bluesky is testing paid subscription features, may introduce paid tier like Elon Musk's X

Firstpost  

According to Bluesky’s GitHub page, the team is experimenting with several paid add-ons, which could include a profile badge, enhanced analytics, longer video uploads, and more profile customisation options As the app has grown rapidly—especially in the US, where usage has surged by over 500% in recent months—Bluesky is now looking at paid subscriptions as a potential revenue stream. Image …

Investors who backed Elon Musk's Twitter buy awarded 25% of xAI shares
3 weeks, 5 days ago

Investors who backed Elon Musk's Twitter buy awarded 25% of xAI shares

Hindustan Times  

The investors who backed Elon Musk's takeover of social media platform X will see huge gains after a surge in the valuation of xAI, its artificial intelligence company. Yes or No?” This is because Musk gave 25% of of xAI's shares to those same investors who backed his $44 billion acquisition of Twitter. These investors include Fidelity, Oracle co-founder Larry …

Elon Musk buying MSNBC? A difficult feat, because it isn’t for sale
Trending News
4 weeks ago

Elon Musk buying MSNBC? A difficult feat, because it isn’t for sale

Live Mint  

Can Elon Musk make a run at acquiring MSNBC? Musk, who hasn’t been shy about his criticisms of MSNBC, calling the network “utter scum of the Earth," fueled that story line in an exchange on X, the social-media platform he owns. “We are looking forward to the planned spin of our cable networks, which will create a new company owned …

Richest man in the world now $7 billion richer. Windfall from US election rockets Elon Musk’s worth to $334.3 billion
1 month ago

Richest man in the world now $7 billion richer. Windfall from US election rockets Elon Musk’s worth to $334.3 billion

Live Mint  

The richest man in the world, Elon Musk, has gotten richer by another $80 billion compared to second richest person and Oracle chairman Larry Ellison, according to a Forbes report. Overall, the tech mogul added $7 billion to his net worth to reach $334.3 billion at market close on November 22, 2024 — much of the boost coming from Tesla, …

Elon Musk, world's richest person just got richer; his net worth shoots up $70 billion after Trump's election win
1 month ago

Elon Musk, world's richest person just got richer; his net worth shoots up $70 billion after Trump's election win

Firstpost  

Elon Musk current net worth is $334.2 billion, officially making him the world’s richest person. His wealth grew by about $70 billion since Donald Trump’s win in the 2024 US Presidential election, driven by a 40 per cent surge in Tesla shares Elon Musk has now officially become the wealthiest person in history with a net worth of $334.2 billion. …

Elon Musk is officially the richest he's ever been with a $70 billion jump in net worth post-Trump's win
1 month ago

Elon Musk is officially the richest he's ever been with a $70 billion jump in net worth post-Trump's win

Hindustan Times  

Elon Musk just can’t seem to stop breaking his own records. With a $70 billion boost to his net worth following Donald Trump’s win, Musk is now officially richer than anyone could have predicted—again. FILE - Tesla and SpaceX CEO Elon Musk, left, and President-elect Donald Trump attend a campaign event at the Butler Farm Show on Oct. 5, 2024, …

Elon Musk's Tesla stocks on unstoppable rally after Trump's win, here's why
1 month, 1 week ago

Elon Musk's Tesla stocks on unstoppable rally after Trump's win, here's why

Firstpost  

In the trading days since the 2024 US Presidential election, Tesla stocks, all together, surged past 40 per cent, adding more than $300 billion in market capitalisation An unstoppable rally is seen in Tesla stocks as investors continue to bet big after Donald Trump wins the 2024 US Presidential election as they feel it would bring windfalls to the Elon …

Elon Musk's net worth crosses $300 billion following Trump's victory, a first in three years
1 month, 2 weeks ago

Elon Musk's net worth crosses $300 billion following Trump's victory, a first in three years

Hindustan Times  

American billionaire Elon Musk's net worth on Friday surpassed $300 billion for the first time in three years, aided by the surge in the value of his company, Tesla, since the results of the US presidential election, news agency Reuters reported. Tesla CEO and X owner Elon Musk, who supports Republican presidential nominee former U.S. President Donald Trump, gestures as …

Elon Musk’s net worth crosses $300 billion post Tesla’s 30 percent share surge
1 month, 2 weeks ago

Elon Musk’s net worth crosses $300 billion post Tesla’s 30 percent share surge

Live Mint  

In the past five days after Republican candidate Donald Trump’s victory in the US presidential election, Tesla CEO Elon Musk's net worth crossed the $300 billion mark and his automaker’s shares skyrocketed over 30 per cent, according to Forbes’ Real-Time Billionaires list. Other billionaires and their wealth: According to the Forbes’ Real-Time Billionaires list, after Musk, Oracle’s Larry Ellison is …

Elon Musk's Tesla hits $1 trillion market value after Trump win
1 month, 2 weeks ago

Elon Musk's Tesla hits $1 trillion market value after Trump win

India Today  

Tesla's market value closed above the $1 trillion mark in a sharp rally on Friday, on expectations that CEO Elon Musk's companies will get favourable treatment under President-elect Donald Trump for his extensive support during the poll campaign. "Tesla and CEO Elon Musk are perhaps the biggest winners from the election result, and we believe Trump's victory will help expedite …

Elon Musk’s net worth soars by $26 billion to hit $290 billion after Donald Trump’s presidential win
1 month, 2 weeks ago

Elon Musk’s net worth soars by $26 billion to hit $290 billion after Donald Trump’s presidential win

Live Mint  

Tesla CEO Elon Musk’s wealth surged by $26.5 billion, over 12 per cent, to reach $290 billion shortly after Donald Trump secured a landslide victory in the US presidential election. According to the latest data from the Bloomberg Billionaire Index, Musk’s net worth jumped immediately on Wednesday, November 6, after the electoral victory of the Republican candidate. Elon Musk has …

Elon Musk's net worth rises $26 billion in a day after Donald Trump's election victory
1 month, 2 weeks ago

Elon Musk's net worth rises $26 billion in a day after Donald Trump's election victory

India Today  

Elon Musk’s net worth soared by a staggering $26 billion after Donald Trump’s recent victory in the US presidential election ignited a rally in Tesla shares. Musk, the world's wealthiest individual and an ardent supporter of Donald Trump became a focal point during Trump’s victory rally in Florida. Trump praised Musk in front of a massive crowd, hailing him as …

Trump's victory speech praise for Musk 'makes Elon $15 BILLION': Tesla shares soar after Donald hails 'genius'
Trending News
1 month, 2 weeks ago

Trump's victory speech praise for Musk 'makes Elon $15 BILLION': Tesla shares soar after Donald hails 'genius'

Daily Mail  

Elon Musk's wealth is set to rise by around $15billion as Tesla shares soared amid Donald Trump's election victory. Elon Musk and Donald Trump pictured at a rally together in Butler, Pennsylvania, on October 5 President Donald Trump takes the stage to address supporters at his rally on November 6 Investors welcomed the prospect of a Trump victory as Wall …

Elon Musk’s Twitter Takeover Set Off a Race to the Bottom
54 years, 11 months ago

Elon Musk’s Twitter Takeover Set Off a Race to the Bottom

Wired  

In the final lead-up to the US presidential election, Elon Musk has thrown the full weight of his celebrity and his resources behind former president and Republican nominee Donald Trump. “In a race to the bottom, Elon Musk paved the way for a new, toxic tech basement,” says Nora Benavidez, senior counsel at the nonprofit Free Press. “Yet, as long …

Trump’s Truth Social is now worth more than Elon Musk’s X after recent surge in stock price
1 month, 3 weeks ago

Trump’s Truth Social is now worth more than Elon Musk’s X after recent surge in stock price

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Trump's Truth Social Stock Soars, Outperforming Elon Musk's X in Market Valuation
1 month, 3 weeks ago

Trump's Truth Social Stock Soars, Outperforming Elon Musk's X in Market Valuation

Hindustan Times  

Trump's Truth Social stock market valuation soars past Elon Musk's X, with shares of TMTG surging nearly 9% on Tuesday. This surge is fueled by strong predictions in betting markets about Trump's lead in the upcoming presidential elections. While X boasts a larger user base, TMTG's valuation surpasses that of X after a recent rally. The stock's rise has sparked …

Tesla Soars to New Heights, Surpassing $20 Billion Market Value in a Day
1 month, 4 weeks ago

Tesla Soars to New Heights, Surpassing $20 Billion Market Value in a Day

ABP News  

Elon Musk's net worth skyrocketed by $21 billion on Thursday as Tesla's stock surged by nearly 19%. The company's quarterly earnings report exceeded expectations, with a 17% profit increase and 8% revenue growth. Musk's lead over the second-richest individual has widened by $50 billion thanks to his substantial stake in Tesla. Tesla's focus on profitability and driverless technology is driving …

With $75M gift, Musk joins right-wing billionaires bankrolling Trump campaign
2 months, 1 week ago

With $75M gift, Musk joins right-wing billionaires bankrolling Trump campaign

Raw Story  

Prominent members of the United States' billionaire class have shelled out massive sums in the final stretch of the 2024 campaign to elect one of their own, Republican nominee Donald Trump, to the White House, with Tesla CEO Elon Musk donating nearly $75 million in recent months to a super PAC supporting the former president's bid for a second term. …

Elon Musk ditched by his own employees? Tesla, SpaceX and X workers donate more to Trump's rival Kamala Harris
3 months ago

Elon Musk ditched by his own employees? Tesla, SpaceX and X workers donate more to Trump's rival Kamala Harris

Hindustan Times  

Billionaire Elon Musk has endorsed Republican former President Donald Trump in the race for the White House, but employees at his collection of companies are largely donating to Trump's Democratic rival Kamala Harris. Employees at Elon Musk's rocket company SpaceX have donated $34,526 to Harris versus $7,652 to Donald Trump. Workers at Tesla have contributed $42,824 to Harris' presidential campaign …

Elon Musk Net Worth 2027 Trillionaire World First
3 months ago

Elon Musk Net Worth 2027 Trillionaire World First

ABP News  

Elon Musk, the eccentric billionaire CEO of Tesla, SpaceX, and owner of X, may be on the brink of becoming the world’s first trillionaire. Currently the wealthiest individual globally, with an estimated net worth of around $250 billion, Musk's financial trajectory suggests he could reach this unprecedented milestone by 2027, according to a report by Informa Connect Academy. Musk holds …

Elon Musk sued by former Twitter board member Omid Kordestani over shares
4 months, 1 week ago

Elon Musk sued by former Twitter board member Omid Kordestani over shares

The Hindu  

X owner Elon Musk was sued by a former Twitter board member, Omid Kordestani, who said he was owed more than $20 million in shares that the billionaire had not given him, per The New York Times. In 2022, when billionaire Elon Musk proceeded to buy the social media platform for around $44 billion, Kordestani helped in the process. However, …

Elon Musk is $29.9 billion poorer, biggest billionaire loser so far in 2024
5 months, 2 weeks ago

Elon Musk is $29.9 billion poorer, biggest billionaire loser so far in 2024

Hindustan Times  

Elon Musk's net worth has fallen more than any other billionaire in the world in the first six months of 2024, as per Forbes’ estimates. The Tesla boss has lost money despite a boom in stock market although the massive salary package cleared by his company's shareholders could raise Elon Musk’s fortunes. From December 31, 2023 to June 28, 2024, …

Elon Musk tries to walk back ‘go f*** yourself’ comments to woo advertisers who fled X
6 months ago

Elon Musk tries to walk back ‘go f*** yourself’ comments to woo advertisers who fled X

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Last year, Elon Musk …

Musk wins pay approval but still faces Tesla's floundering stock and rich valuation
6 months, 1 week ago

Musk wins pay approval but still faces Tesla's floundering stock and rich valuation

Hindustan Times  

* Musk wins pay approval but still faces Tesla's floundering stock and rich valuation Shareholders re-approve controversial pay package * Tesla's stock rises nearly 3% on Thursday, remains down 27% in 2024 * Market cap remains by far the highest among automakers By Noel Randewich June 14 - Tesla shareholders approved CEO Elon Musk's $56 billion pay package in a …

Musk's Tesla to report Q1 earnings: What to expect, points to watch for, experts' predictions
8 months ago

Musk's Tesla to report Q1 earnings: What to expect, points to watch for, experts' predictions

Hindustan Times  

Tesla is set to report its Q1 earnings on Tuesday, April 23. More recently, just a day ahead of the Q1 earnings call, Tesla stock dropped another 3.4%, falling to $142.05 per share. As investors await the latest earnings call, some of the pointers that are likely to be under watch are a potential new strategy, the possibility of the …

Tesla, Starlink entry on agenda when Musk heads to India
8 months ago

Tesla, Starlink entry on agenda when Musk heads to India

New Indian Express  

MUMBAI: Tech billionaire Elon Musk is set to visit India as his businesses seek new markets in the world's most populous nation, with electric carmaker Tesla -- suffering a sales downturn in the United States -- reportedly scouting factory locations. Also likely to be on the agenda for the self-described "free speech absolutist" is the large number of content takedown …

Elon Musk says new X users will have to pay to tweet: ‘Only way to stop bots’
8 months, 1 week ago

Elon Musk says new X users will have to pay to tweet: ‘Only way to stop bots’

Hindustan Times  

Elon Musk is planning to charge new X users a small fee to use the social media platform, a move that he believes could solve the bot problem. In reply to an X account that posted about changes on the microblogging website, Elon Musk said charging a small fee to new accounts was the “only way” to stop the “onslaught …

‘There is nothing I hate more, but it must be done’: Elon Musk to cut 14,000 jobs from Tesla
8 months, 1 week ago

‘There is nothing I hate more, but it must be done’: Elon Musk to cut 14,000 jobs from Tesla

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Electric vehicle powerhouse Tesla …

Sharechat gets $49 million funding from investors, aims to be profitable in…
8 months, 3 weeks ago

Sharechat gets $49 million funding from investors, aims to be profitable in…

Hindustan Times  

Social media unicorn ShareChat raised $48.89 million in a round led by Tencent and Lightspeed. In the last funding round, Sharechat was valued at almost $5 billion while its peers in the social media space- X and Snap- witnessed large drops in valuation. ShareChat Sharechat's troubles in the past one year In December 2023, Sharechat fired 200 employees- almost 15 …

A court rejected Elon Musk's $55.8 billion pay package. What is he worth to Tesla?
10 months, 3 weeks ago

A court rejected Elon Musk's $55.8 billion pay package. What is he worth to Tesla?

The Hindu  

Even when compared with other CEOs, who routinely get paid roughly 200 times more than their typical employees, Elon Musk’s pay package was eye-opening. A judge in Delaware on Tuesday struck down the package that Tesla established for Musk in 2018, ruling that the process was “flawed” and the price “unfair.” Chancellor Kathaleen St. Jude McCormick called the package “the …

Elon Musk dismisses reports about AI company’s $500 mn funding as ‘fake news’
11 months ago

Elon Musk dismisses reports about AI company’s $500 mn funding as ‘fake news’

Live Mint  

Tech billionaire Elon Musk has dismissed reports on the $500 million worth of funding plans for his artificial intelligence start-up xAI through posts on social media site X. Replying separately to two users on the site, Musk told one user the information was "simply not accurate" and called the original Bloomberg report "fake news" in reply to another. Contradictory Reports …

Elon Musk Is Realizing He Should Have Bought TikTok
11 months, 1 week ago

Elon Musk Is Realizing He Should Have Bought TikTok

Slate  

Elon Musk’s original sin with Twitter is that he forgot how expensive an ideological conquest can be. Ever since Twitter’s old board of directors forced him to close that fall, Musk has been in a push-and-pull between two areas of his brain: One part has told him to save Twitter from the woke mind virus and protect free speech for …

Elon Musk said something very rude and mean to advertisers. It’s because he wants Twitter to die.
1 year ago

Elon Musk said something very rude and mean to advertisers. It’s because he wants Twitter to die.

Slate  

What does Elon Musk want with Twitter? Yes, Musk had said he didn’t “care about the economics at all” and that buying Twitter was a matter of his ideological commitment to free speech. Antagonizing his old advertisers points in the exact same direction that Musk’s boring endorsement of antisemitism pointed: He is no longer interested in salvaging Twitter as a …

X now valued at $19bn – less than half of what Elon Musk paid for it
1 year, 1 month ago

X now valued at $19bn – less than half of what Elon Musk paid for it

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk’s X is now valued at about $19bn or less than half …

Twitter takeover: 1 year later, X struggles with misinformation, advertising and usage decline
1 year, 1 month ago

Twitter takeover: 1 year later, X struggles with misinformation, advertising and usage decline

The Hindu  

One year ago, billionaire and new owner Elon Musk walked into Twitter's San Francisco headquarters with a white bathroom sink and a grin, fired its CEO and other top executives and began transforming the social media platform into what is now known as X. X looks and feels something like Twitter, but the more time you spend on it the …

Elon Musk bought Twitter one year ago. Here’s everything he broke there.
1 year, 1 month ago

Elon Musk bought Twitter one year ago. Here’s everything he broke there.

Slate  

He didn’t want to, but Elon Musk closed his purchase of Twitter one year ago. The lawyers representing Twitter’s outgoing board of directors were better than Musk’s—or, maybe more accurately, had a close-to-ironclad case against a reputably brilliant billionaire who tried to call “backsies!” on a contract he’d inked. Related From Slate The Elon Effect Is Real: Twitter Users Are …

Twitter takeover: 1 year later, X struggles with advertising, usage
1 year, 1 month ago

Twitter takeover: 1 year later, X struggles with advertising, usage

Associated Press  

SAN FRANCISCO — One year ago, billionaire and new owner Elon Musk walked into Twitter’s San Francisco headquarters with a white bathroom sink and a grin, fired its CEO and other top executives and began transforming the social media platform into what is now known as X. X looks and feels something like Twitter, but the more time you spend …

One Year On, Twitter Continues to Burn a Hole Through Bank Balance Sheets
1 year, 1 month ago

One Year On, Twitter Continues to Burn a Hole Through Bank Balance Sheets

Live Mint  

The banks that financed Elon Musk’s $44 billion purchase of Twitter are still struggling a year later to contain the damage to their balance sheets. Seven banks including Morgan Stanley, Bank of America and Barclays lent Musk around $13 billion to buy Twitter a year ago this coming Friday. But investor appetite for Twitter, which Musk has since renamed X, …

Twitter really is losing users under Elon Musk.
54 years, 11 months ago

Twitter really is losing users under Elon Musk.

Slate  

This article is from Big Technology, a newsletter by Alex Kantrowitz. Since Musk bought Twitter in October 2022, it’s lost approximately 13 percent of its app’s daily active users, according to new data from mobile research firm Apptopia, and its rebrand as X only accelerated the decline. Under his stewardship, X’s daily user base has declined from an estimated 140 …

Elon Musk's X to launch premium subscriptions soon
1 year, 2 months ago

Elon Musk's X to launch premium subscriptions soon

The Hindu  

Elon Musk said on Friday social media platform X, formerly known as Twitter, will soon launch two new tiers of premium subscriptions. Earlier this week, the company started charging new users $1 in New Zealand and the Philippines as a test case for accessing the platform. Since taking over the platform in October 2022, Musk's rapid changes, including mass layoffs …

Elon Musk says X is fighting bots and spam, and the solution is: $1 subscriptions
1 year, 2 months ago

Elon Musk says X is fighting bots and spam, and the solution is: $1 subscriptions

LA Times  

The social media platform formerly known as Twitter announced its “Not a Bot” program, saying $1 subscriptions were “the main solution” to bots. The social media platform formerly known as Twitter posted an announcement of the “Not a Bot” program Tuesday evening, saying it was being piloted in New Zealand and the Philippines. Twitter already offers paid subscriptions of $8 …

Linda Yaccarino said X/Twitter is cash-flow positive minus debt payments. Let’s talk about those!
54 years, 11 months ago

Linda Yaccarino said X/Twitter is cash-flow positive minus debt payments. Let’s talk about those!

Slate  

Elon Musk has all the money in the world, but most of it is tied up in stock he’s not really supposed to get rid of. Interest rates have gone up, and Musk has behaved in ways that make Twitter look like a bad business bet, so the banks have had a hard time selling Musk’s debt to investors who …

Commentary: Elon Musk bought Twitter just to break it. With a new war, we’re paying the price
1 year, 2 months ago

Commentary: Elon Musk bought Twitter just to break it. With a new war, we’re paying the price

LA Times  

It’s been nearly a year since Elon Musk acquired Twitter, and more than the average landlord, he’s made some changes to the storefront: replacing the social media platform’s cheerful winged mascot with an ominous “X,” stripping all but paying subscribers of verified status, and turning it from a frenetic crossroads of breaking news and opinion to a playground for falsehoods …

X's three-tiered subscription system set to launch soon: Check new plans here
1 year, 2 months ago

X's three-tiered subscription system set to launch soon: Check new plans here

India TV News  

Elon Musk's social media platform, formerly known as Twitter and now called X, is gearing up to introduce new subscription plans, as confirmed by CEO Linda Yaccarino during a meeting with debt holders. According to a report from Bloomberg, this multi-tiered approach is aimed at increasing revenue by attracting users who might not have considered the full-priced premium subscription. Elon …

U.S. ad revenue at Elon Musk's X declined each month since takeover: Report
1 year, 2 months ago

U.S. ad revenue at Elon Musk's X declined each month since takeover: Report

The Hindu  

Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought the company formerly known as Twitter in October 2022, according to third-party data provided to Reuters. X's chief executive, Linda Yaccarino, is expected to meet on Thursday with bank lenders who helped finance Musk's acquisition to outline the …

Elon Musk's X paid almost $20 million to creators, says CEO Linda Yaccarino
1 year, 2 months ago

Elon Musk's X paid almost $20 million to creators, says CEO Linda Yaccarino

Live Mint  

Elon Musk-owned social media platform X has doled out nearly $20 million in payments to the content creators on the app, CEO Linda Yaccarino informed in a post on Friday. X's ads revenue program offers eligible creators the opportunity to directly earn money from the platform by receiving a portion of the ad revenue generated through their content. In order …

Elon Musk-owned X will be ‘turning a profit’ in early 2024, says CEO Linda Yaccarino
1 year, 2 months ago

Elon Musk-owned X will be ‘turning a profit’ in early 2024, says CEO Linda Yaccarino

Live Mint  

Social media giant X could become profitable by the start of 2024, CEO Linda Yaccarino has confirmed in an appearance at Vox Media's Code conference. Speaking about the roadmap of profitability for X, Yaccarino said, "Now that I have immersed myself in the business, and we have a good set of eyes on what is predictable, what's coming is that …

Elon Musk says Twitter moving to ‘small’ monthly subscription to get rid of ‘vast armies of bots’
1 year, 3 months ago

Elon Musk says Twitter moving to ‘small’ monthly subscription to get rid of ‘vast armies of bots’

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk said X is looking to charge users a “small monthly payment” …

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