Twitter becomes X Corp as Elon Musk advances ‘everything app’ hopes

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X marks the spot where Twitter once was.

Twitter “no longer exists” after being merged with X Corp, according to an April 4 document submitted in a California court for a lawsuit filed against the company and its former chief executive officer, Jack Dorsey, last year by conservative activist Laura Loomer.

The world’s second-richest man has professed his desire to make X similar to China’s WeChat, a super-app owned by Tencent Holdings Ltd used for everything from payments and booking event tickets to messaging. But he’s been vague about how it will fit in with his sprawling business empire, ranging from the electric car giant Tesla Inc to Space Exploration Technologies Corp. Musk also owns the domain “X.com” – the name of the online payments company he started and eventually merged with PayPal.

Source: News Formal (newsformal.com)

 

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