What Elon Musk has said publicly – and in private – on his ideas for Twitter and X, an 'everything app' | Business Insider

  • 📰 BISouthAfrica
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The billionaire has drawn inspiration for the idea from the popular Chinese super-app WeChat.

"I have an idea for a blockchain social media system that does both payments and short text messages/links like Twitter," Musk texted."You have to pay a tiny amount to register your message on the chain, which will cut out the vest majority of spam and bots."

Musk said the site would have a"massive real-time database" that would keep permanent copies of messages and followers and a"Twitter-like app on your phone" that can access the database in the cloud.on Monday that the billionaire plans to add crypto functionality to Twitter after the site is approved for payments.Musk's idea for a blockchain-based platform feed into some of his discussions around Twitter's revenue model.

making money from Twitter via alternative methods, including charging some users to be on the site. Shortly after buying Twitter, Musk began charging Twitter users for the app's blue check mark. The billionaire has also noted the app could help foster payments directly to users, though Twitter launched a"It's important for content creators to have a revenue share," Musk

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 34. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk's reported payments plan for Twitter sends dogecoin skyrocketing 10% | Business InsiderThe prospect of dogecoin being a part of a Twitter payments ecosystem has ramped up the meme coin's gain for January.
Source: BISouthAfrica - 🏆 34. / 51 Read more »

Former Twitter employees confused over the company's failure to collect their work laptops, report says | Business InsiderMultiple laid-off Twitter employees said the company has yet to collect their work laptops, prompting confusion and fear of legal problems. BISouthAfrica Hahahaha then go and hand in the things! How difficult is that? Oh I forgot, they were all 'fact checkers'. BISouthAfrica Ever heard of sending it back, with all that fear and all. Hi news24 any update in the Twitter files. I guess not BISouthAfrica elonmusk you see this lol?
Source: BISouthAfrica - 🏆 34. / 51 Read more »

Elon Musk says it's easy for him to get investment support because he has an 'extremely good' track record | Business InsiderElon Musk was described as 'the Michael Jordan of fundraising' by a former Tesla director who was testifying in court, AP reported.
Source: BISouthAfrica - 🏆 34. / 51 Read more »