Elon Musk Finally Appears To Be Taking Clickbait And Irrelevant Replies On Twitter Seriously: 'X Algorithm Update Coming Soon...'
Tesla and SpaceX CEO Elon Musk has hinted at an upcoming algorithm update for his social media platform, X, formerly known as Twitter. What Happened: On Thursday, Musk took to X and announced the fort
Super Bowl Buzz: Sportsbooks Eye the Taylor Swift Effect; BetMGM's Deal With Elon Musk's X
The number one influencer on YouTube posted a video on the X platform for the first time. The number of views exceeded 10 million in more than two hours. Musk retweeted
Glonghui, January 16 | American social media influencer MrBeast uploaded his latest video work for the first time on the X platform. Musk was excited to retweet it. In just over two hours, the video surpassed 10 million views. Earlier, MrBeast said that the X platform currently gives too little share of advertising revenue, which is not enough for a fraction of the cost of making a video. In his latest post, he said, “I'm curious about how much ad revenue videos on X can generate, so I re-uploaded this to test it out. The ad revenue will be shared next week.”
Musk X platform's appeal against prohibiting disclosure of federal surveillance practices was rejected
GLONGHUI, January 8 | The US Supreme Court on Monday rejected social media giant X's appeal. The cause of this incident is that the US federal government monitors Americans and foreigners using the X service platform and prohibits Company X from disclosing its surveillance practices. Company X's appeal questioned this ban. Platform X, formerly known as Twitter (Twitter), argues that the federal government prohibits the company from disclosing the receipt of user monitoring requests related to national security is unconstitutional. The US Supreme Court did not explain why it refused to accept X's appeal, nor did it reveal which judges and how many judges might want to handle the case.
Agency: LinkedIn ad prices rise as advertisers leave the X platform
Greenway, December 28 | LinkedIn has made new progress in the digital advertising market. As brands reallocate expenses originally spent on the X platform, higher demand is driving up LinkedIn ad prices. According to estimates by research firm Insider Intelligence, LinkedIn's annual advertising revenue rose to nearly 4 billion US dollars in 2023, an increase of 10.1% over the previous year.
Musk says traditional media is in decline and X is on the rise
Glonghui, December 22 | Musk said in an interview on Thursday that his various disputes with the media over contentious issues are understandable. “They (the media) don't have much choice,” Musk said. “Any media that doesn't pay attention to controversy will lose hits in a traditional market that is clearly declining. Desperate moments lead to desperate measures.” But he accuses the media of treating him as a “lawless maverick,” which includes constant headlines about X's decline or death. Musk said, “X's traffic is actually growing. Traditional media is in decline, but X is on the rise. Of course, the media wouldn't write it that way
SEC Vs. Elon: Judge Rules Musk Must Testify Again About $44B Twitter Takeover
Elon Musk will testify in court again as part of the Securities and Exchange Commission's investigation into his $44-billion takeover of Twitter.
Musk's X's advertising revenue is expected to decline to about 2.5 billion US dollars this year
Glonghui, December 13 | Some media quoted people familiar with the matter as revealing that Musk's social networking platform X (formerly Twitter) is expected to generate about 2.5 billion US dollars in advertising revenue in 2023, a sharp decline from previous years. According to people familiar with the matter, X's advertising revenue for each of the first three quarters of this year was slightly above 600 million US dollars, and the current quarterly performance is expected to be similar. In comparison, ad revenue was over $1 billion per quarter last year. Two people familiar with the matter said that advertising revenue currently accounts for 70%-75% of X's total revenue. This means revenue of approximately $3.4 billion in 2023, including from subscription and data licensing deals
Disney also removed ads from X Musk is furious
Glonghui, December 8 | Elon Musk raised the tone of criticism in response to the Walt Disney Company joining the boycott of advertising on X, publicly criticizing the entertainment giant's CEO Bob Iger for the second time in a row. “What Bob did was to make Walt Disney mad,” Musk said on his social media platform X (previously known as Twitter). Musk also said that Iger “should be fired immediately.”
Apple suspends advertising on Musk's X platform
Gelonghui, November 18 | According to Axios, sources revealed that Apple has suspended all ads on Musk's social networking platform X. Apple has always been the main advertiser on this social media site, and IBM has taken similar initiatives before.
According to the news, the X platform has begun selling abandoned usernames at a price of 50,000 US dollars each
Gelonghui, November 4 | According to people familiar with the matter, Musk's X platform has begun selling abandoned usernames, with prices as high as 50,000 US dollars per username. The company launched a marketplace to obtain the names of the original users' idle accounts, and a team called the “Handle Team” within the company is responsible for the project. The team has contacted potential buyers via email. Musk hinted at such plans as early as November of last year and expressed concern about “robots and sprayers” taking up a large number of usernames. Selling unused accounts may be Musk's strategic move to revive interest and value in the platform.
Social media platform “X” announces Premium+ plan
Greenway, October 28 | Social media platform “X” announced the launch of the Premium+ plan, which includes access to a full suite of creator tools; a new basic package, which costs $3 per month (registration via website), provides access to the most basic advanced features.
Musk's Trouble: Most Top Advertisers Have Exited Platform X
Since Musk took over, X's advertising revenue in the US has declined by at least 55% every month.
The media claims that the actual controller is considering withdrawing the social media X service from Europe, Musk refutes the rumor]
GLONGHUI, October 19 | On October 19, local time, foreign media INSIDER reported that people familiar with the matter revealed that Musk is increasingly frustrated that his X platform (formerly Twitter) must comply with the EU's “Digital Services Act”. Musk is considering withdrawing the social networking platform X Service from Europe. Although Musk has yet to withdraw the X platform from any country, there are currently almost no employees in Europe — because offices in Paris, Madrid, and Berlin have been closed. However, the Dublin and London offices are still open. Currently, the UK is no longer a member of the European Union, and has proposed large-scale platforms to assume “alone”
X was fined over 600,000 Australian dollars by Australia for not cooperating with anti-child abuse investigations
GLONGHUI, Oct. 16 | The Australian regulator, the Electronic Safety Commission announced that some tech giants did not perform well in resolving anti-child abuse practices, and X (former Twitter) did not respond to some key issues, so it issued an infringement notice of 610,500 Australian dollars to X. X had 28 days to withdraw the notice of infringement or pay a fine.
The US Securities and Exchange is suing Musk, seeking to compel him to attend the hearing
The U.S. Securities and Exchange (SEC) sued Musk in San Francisco federal court to force him to testify in the agency's investigation into its 2022 takeover of Twitter.
Hedge fund giant Ackman says he will consider a SPAC acquisition of Musk's Company X
US hedge fund mogul Bill Ackman said in an interview on Sunday that he would “definitely” consider using his newly approved investment tool to conduct a merger transaction with Musk's social networking platform X (formerly Twitter).
Express News | Musk considers charging all Twitter users
The number of downloads of Musk's X app was the lowest in more than 10 years, falling nearly 30% in two months
GLONGHUI, September 10 | According to Business Insider, the number of downloads of this social app is at its lowest level in more than 10 years after Musk changed Twitter's name to X sparked huge controversy. According to data from the app performance tracking agency Apptopia, since the beginning of July, the number of downloads of this app has dropped by nearly 30% compared to the previous two months. On July 23, local time, Musk announced that he would change Twitter's name to X. Compared to the same period last year, the month before Musk bought Twitter, the number of downloads of this app dropped 18%. According to Apptopia data, in almost all
After social networking platform X adjusts advertising policies, it will be more troublesome to promote accounts
GLONGHUB, August 16 | Social media company X (Twitter) sent an email to advertisers saying that they will no longer place Promoted Accounts (Promotion Account) ads in the timeline in the future, and advertisers often use these ads to attract new fans.
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