Following the 2024 US Presidential election, Taylor Swift’s dedicated fanbase, known as ‘Swifties,’ have reportedly left Elon Musk’s social media platform X in droves, seeking refuge on Bluesky. This exodus is attributed to Musk’s vocal support for Donald Trump and his alignment with a predominantly right-wing audience, which clashed with the Swifties’ values and community spirit. The move underscores the growing trend of user departures from X, highlighting the platform’s shift towards a more politically charged environment.
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Elon Musk has revealed that X, formerly known as Twitter, experienced a dramatic surge in activity during the US elections. The platform saw record mobile usage, highlighting its crucial role in political discourse. Musk’s recent comments on X, emphasizing the platform’s importance and hinting at a potential shift in the political landscape, add intrigue to this surge in engagement.
Elon Musk’s social media platform X, formerly known as Twitter, is reportedly facing another round of layoffs, primarily affecting the engineering department. This comes after a series of controversial decisions by Musk, including mass layoffs in 2022 and the recent valuation of X at significantly lower than its acquisition price. The layoffs follow a request for employees to detail their contributions, raising questions about the impact of these submissions on the job cuts.
Donald Trump’s social media platform, Truth Social, has seen a significant rise in value, surpassing Elon Musk’s X (formerly Twitter) in market capitalization. The surge in shares of Trump Media & Technology Group (TMTG), the parent company of Truth Social, has pushed its valuation above $10 billion, driven by investor optimism linked to Trump’s re-election prospects. This comes as X Holdings, the parent company of X, faces challenges and a decreased valuation from Fidelity Investments.
Elon Musk’s social media platform X (formerly Twitter) has suspended the newly created account of Iran’s Supreme Leader Ayatollah Seyyed Ali Khamenei after only two posts. The suspension comes amidst ongoing tensions between Iran and the West, and has sparked debate about the platform’s content moderation policies.
X, formerly known as Twitter, has made waves in the cannabis industry by becoming the first major social media platform to allow cannabis advertising. This policy shift opens doors for brands to connect with millions of users and encourages open discussions about cannabis. X’s approach, focused on fostering a safe space for information sharing, is shaping the future of digital marketing for cannabis businesses.
Elon Musk’s X, formerly Twitter, is back in Brazil after the Supreme Court lifted its ban, allowing the platform to resume operations. This decision comes after months of conflict regarding censorship issues and legal challenges. X has pledged to uphold free speech within legal boundaries while operating in the country.
Y Combinator partner David Lieb has launched a critique of Elon Musk’s management of Twitter, now X, comparing it unfavorably to Jeff Bezos’ leadership at Amazon. Lieb questions Musk’s ability to transfer his success in industries like electric vehicles and space exploration to the world of social media, arguing that ‘taste is not transferable across domains.’ He specifically targets the platform’s algorithm-driven ‘For You’ feed, suggesting it prioritizes clickbait and controversial content over user experience and quality.
Elon Musk’s X (formerly Twitter) has faced another setback in its bid to resume operations in Brazil after a payment error caused a delay in lifting the suspension imposed in August. The platform mistakenly paid fines to the wrong bank, leading to a new hurdle in its efforts to comply with court orders related to hate speech moderation.
Billionaire entrepreneur Mark Cuban has extended an offer to assist Elon Musk in boosting revenue for X (formerly Twitter), highlighting the platform’s current struggles and the ongoing tension between tech moguls. Cuban’s offer comes amid advertiser boycotts, accusations of antisemitism, and regulatory battles for X, while also acknowledging Musk’s entrepreneurial achievements.