Platform X
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All Stories for Platform X
Another round of layoffs at X? Elon Musk asks managers to name top performers in their teams
Fp Staff •Elon Musk may be contemplating another round of layoffs at X, his social media platform. Musk has asked the managers in his social media organisation to list out the top performers in their teams
X takes drastic steps to combat Taylor Swift deepfakes, blocks all searches around pop-star
Fp Staff •Elon Musk-owned X has a new way to tackle deepfakes, which has been triggered by a slew of new AI generated videos and photos featuring Taylor Swift. The platform bow blocks all search results on Swift, in a bid to suppress the AI-generated NSFW content
Audit by external firms confirms X is less antisemitic than other platforms, claims Elon Musk
Fp Staff •Elon Musk has announced that external auditors have found that X has far less antisemitic content compared to its competitors. Musk defended the platform's commitment to free speech as a fundamental principle
X is great for creators? MrBeast made over $250,000 on his first video in a week, but there's a catch
Fp Staff •Elon Musk's X seems to be turning out to be a great platform for creators. YouTube's most popular creator, MrBeast raked in over $250,000 on his first video in just a week. However, things are not exactly what they seem
Elon Musk's X one step closer to becoming a bank, receives money transmitter license in Utah
Fp Staff •Elon Musk 's X Corp has received a money transmitter license in Utah, the 15th state in the US to do so. With this, Elon Musk gets one step closer to becoming a bank, and on a larger front, one step closer to rebrand X as the everything app
Following advertiser exodus, Elon Musk wants you to believe X is a video-first platform now
Fp Staff •Elon Musk is trying to pivot X from a text-based social media platform to a video-first one. This comes across a bid to revive its fortunes after a series of setbacks following the most recent advertiser exodus
US SEC's X account gets hacked, falsely posts about crypto, raising concern over fake news on platform
Fp Staff •A piece of fake news posted from the US SEC's X account has caused a furore and sent the value of certain cryptos soaring. The SEC was quick to share that the tweet was false, however, were slow to take it down. This further escalates the tenuous relation the SEC has with Elon Musk
Elon Musk illegally fired SpaceX employees who criticised him for his Twitter/X antics, claims US Labour Board
Fp Staff •US National Labor Relations Board alleges that SpaceX engaged in illegal practices such as interrogation, surveillance, and retaliation against workers who wrote an internal letter for SpaceX workers, speaking against Elon Musk's behaviour on X
Elon Musk’s X does a U-turn, starts showing headlines in news articles posted on platform
Fp Staff •Elon Musk had earlier decided to remove headlines from posts with links to other websites, saying that it would make the platform look and feel more beautiful and aesthetic. However, just months after removing headlines, the platform was forced to reverse its decision
Elon Musk’s X gets devalued again by Fidelity, now worth $12-14 bn as ad sales fall below expectation
Fp Staff •Elon Musk's X may have lost over 71.5% of its value, and may only be worth $12-14 billion, much less than the $44 billion that he had paid for. The drop in valuation comes after Fidelity reduced the valuation of its holding in X by an additional 11 per cent