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Elon Musk admits X 'may fail, as so many have predicted'
(www.businessinsider.com)
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this post was submitted on 20 Aug 2023
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This is the best summary I could come up with:
Meta launched its X rival called Threads on July 5 and quickly amassed more than 100 million signups, Time magazine reported, citing data from Sensor Tower.
Musk's efforts to purge the platform of bots and turn it into a "super-app" don't yet appear to be working.
Activist Monica Lewinsky urged him and CEO Linda Yaccarino to "rethink" the move.
as an anti-bullying activist (and target of harassment) i can assure you it’s a critical tool to keep people safe online.- that woman
as an anti-bullying activist (and target of harassment) i can assure you it's a critical tool to keep people safe online.
In May Fidelity wrote down the value of its stake in the company then still known as Twitter, giving it a value of about $15 billion – or just a third of what Musk paid, The Wall Street Journal Reported.X didn't immediately respond to a request for comment from Insider, made outside normal working hours.
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