Nov 22, 2024 01:50 PM IST
Nonetheless, the identical does not apply to the Google Play Retailer the place X does not function on the highest charts listing for Information & Magazines
Elon Musk, the richest particular person on the earth and proprietor of social media platform X (Previously Twitter) introduced that it has now turn into the primary information app on Apple’s App Retailer in India
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He additionally dramatically diminished the scale of its workforce, together with slicing the scale of the protection groups, together with introducing new premium subscriptions to permit the platform to not simply depend on promoting alone for earnings.
Musk additionally used the platform to brazenly assist and endorse Republican candidate Donald Trump who ended up profitable the US elections this yr.
The long-term imaginative and prescient for X as seen by Musk is for it to turn into an “everything app” with a variety of providers. Nonetheless, it has additionally seen a number of challenges since his acquisition, particularly with many massive advertisers in addition to some customers initially leaving the platform, decreasing its valuation from the $44 billion he paid for it to only $19 billion, in response to a BBC report.
Musk is presently the richest particular person on the earth with a web value of $331 billion, in response to the Bloomberg Billionaires Index which additionally confirmed his wealth rose by a staggering $102 billion year-to-date.
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