Twitter No Longer Exists As The Everything App Gets Underway
According to a document filed on April 4th in a California court for a lawsuit filed against the social media giant and its former CEO, Jack Dorsey, last year by conservative activist Laura Loomer, Twitter reportedly no longer exists after being merged with X Corp.
Its uncertain what the development means for Twitter, which has undergone major changes since Musk purchased the company for $44 billion last year. Most recently, the Twitter icon was replaced by the Dogecoin logo before eventually being switched back.
The Tesla CEO has previously stated that acquiring Twitter would be an accelerator for the development of X, which he has dubbed as an everything app.
Elon has expressed a desire for X to function similarly to the popular Chinese application WeChat, a super-app owned by Tencent Holdings Ltd that is used for a variety of purposes like payments, messaging, and event ticket booking.
However, he has not clarified how X will fit into his vast business empire, which includes Tesla Inc and Space Exploration Technologies Corp. Musk also owns the domain X.com, which is the name of the online payments company he founded and later sold to PayPal.
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