7 votes

Megathread for news/updates/discussion about Twitter

Not sure it will be worth a full megathread, but there is some news.

4 comments

  1. skybrian
    Link
    Twitter isn’t a company anymore (Slate) […]

    Twitter isn’t a company anymore (Slate)

    […] in its most recent filing, the company provided notice that “Twitter, Inc. has been merged into X Corp. and no longer exists.” As the “successor in interest” to Twitter Inc.—that is, the survivor of the merger—X Corp. is now the defendant in Loomer’s suit. Its parent corporation is identified as X Holdings Corp.

    […]

    According to the Nevada secretary of state’s online business portal, Elon Musk registered two new businesses in the state on March 9: X Holdings Corp., and X Corp. Then, on March 15, Musk applied to merge those Nevada businesses with two of his existing companies: X Holdings I with X Holdings Corp., and Twitter Inc. with X Corp. In the latter’s case, the articles of the merger mandate that X Corp. fully acquire Twitter—meaning that, for all intents and purposes, “Twitter Inc.” no longer exists as a Delaware-based company.

    6 votes
  2. skybrian
    Link
    NPR quits Twitter after being falsely labeled as 'state-affiliated media' (NPR) […]

    NPR quits Twitter after being falsely labeled as 'state-affiliated media' (NPR)

    NPR will no longer post fresh content to its 52 official Twitter feeds, becoming the first major news organization to go silent on the social media platform. In explaining its decision, NPR cited Twitter's decision to first label the network "state-affiliated media," the same term it uses for propaganda outlets in Russia, China and other autocratic countries.

    The decision by Twitter last week took the public radio network off guard. When queried by NPR tech reporter Bobby Allyn, Twitter owner Elon Musk asked how NPR functioned. Musk allowed that he might have gotten it wrong.

    Twitter then revised its label on NPR's account to "government-funded media." The news organization says that is inaccurate and misleading, given that NPR is a private, nonprofit company with editorial independence. It receives less than 1 percent of its $300 million annual budget from the federally funded Corporation for Public Broadcasting.

    […]

    In a BBC interview posted online Wednesday, Musk suggested he may further change the label to "publicly funded." His words did not sway NPR's decision makers. Even if Twitter were to drop the designation altogether, Lansing says the network will not immediately return to the platform.

    6 votes
  3. skybrian
    Link
    Row between Twitter and Substack ends with uneasy truce (The Guardian)

    Row between Twitter and Substack ends with uneasy truce (The Guardian)

    A six-day row between Twitter and Substack has come to an uneasy truce after the social media site stopped censoring links and searches for the newsletter platform following the latter’s decision to launch a rival microblogging service.

    However, the spat appears to have put an end to Elon Musk’s “Twitter Files” project, after he tweeted then deleted screenshots of a conversation between himself and one of its writers, Matt Taibbi, in which the pair sparred over the censorship.

    4 votes
  4. skybrian
    Link
    Twitter partners with eToro to let users trade stocks, crypto as Musk pushes app into finance (CNBC) [...]

    Twitter partners with eToro to let users trade stocks, crypto as Musk pushes app into finance (CNBC)

    Currently, it’s already possible to view real-time trading data from TradingView on index funds like the S&P 500 and shares of some companies such as Tesla. That can be done using Twitter’s “cashtags” feature — you search for a ticker symbol and insert dollar sign in front of it, after which the app will show you price information from TradingView using an API (application programming interface).

    With the eToro partnership, Twitter cashtags will be expanded to cover far more instruments and asset classes, an eToro spokesperson told CNBC.

    You’ll also be able to click a button that says “view on eToro,” which takes you through to eToro’s site, and then buy and sell assets on its platform. EToro uses TradingView as its market data partner.

    [...]

    Twitter added pricing data for $Cashtags in December 2022. Since the start of 2023, there have been more than 420 million searches for Cashtags, with the number of searches averaging about 4.7 million a day.

    Musk has made it his mission to turn Twitter into a so-called “super app.” Such apps tend to offer users a range of services such as instant messaging, banking and travel.

    2 votes