Elon Musk & Linda Yaccarino Reveals X – “Everything App” To Compete With Top Firms
X executives Elon Musk and Linda Yaccarino on Friday revealed plans for the future to employees of X and the community, celebrating one year of Musk’s takeover of the social media giant Twitter.
Musk disclosed that online platforms like YouTube, LinkedIn, and Cision PR Newswire as future competitors of X as the plan to make X, an everything app, moves forward. October 27 marks the one-year anniversary of X under new ownership and management.
Musk And Yaccarino Disclose X’s Upcoming Business
Owner Elon Musk and Chief Executive Officer Linda Yaccarino called out YouTube and LinkedIn as future competitors during an internal meeting, reported Bloomberg on October 27.
Musk and Yaccarino also revealed a plan to have a news wire service called XWire that would rival Cision PR Newswire. X is already known as the platform to develop and discuss news first. The crypto community is mostly available on Twitter, now X.
While it’s unclear what X’s YouTube, LinkedIn, and PR Newswire competitive business will look like and what new features it will encompass, the users are eager to use it.
Yaccarino’s appointment in May this year was also a strategic move to focus on advertising and partnerships. Since then, X has moved forward in advertising and building new partnerships. The move came after advertisers fled the platform as Musk fired most of the social platform’s executives.
Also Read: Binance’s CZ Saw 80% Drop In His Net Worth This Year Despite Market Rally
X’s Recent Features
Amid promoting free expression to welcoming the creator economy to creating brand partnerships, X has introduced several features.
In a latest blog, Linda Yaccarino highlights the growth and developments the platform made in the past one year. Highlighting some products such as Community Notes, Audio and Video calling, and payments, which is coming soon on the platform.
Also Read: Elon Musk Wants X To Take Over The Financial Services Industry
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