It’s rare for corporate brands to become verbs. It’s rarer still for the owner of such a brand to announce plans to intentionally destroy it.
Browsing: Social media
Elon Musk unveiled a logo for the social media platform on Monday that ditched the famous “blue bird” icon.
“And soon we shall bid adieu to the twitter brand and, gradually, all the birds,” Elon Musk tweeted on Sunday.
Meta Platforms’ “Twitter killer” Threads got off to a rollicking start, but now engagement appears to be plunging.
Twitter’s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said.
There is essentially zero chance that Twitter, as it exists now, could be reconstituted on another platform.
Elon Musk said he thinks China is interested in a cooperative international framework on AI.
Threads, could generate some serious cash for Meta Platforms in the next couple of years, according to Evercore ISI.
Experts say Twitter would have to clear a high hurdle if it sues Meta Platforms over copycat app Threads.
Mark Zuckerberg has pitched Meta’s Twitter copycat app, Threads, as a “friendly” refuge for public discourse online.