Elon Musk's X Partners With Paris Hilton for Shopping, Video Push

Twitter has been teasing, testing, and launching different subscription tiers since Elon Musk took over the company last year, but he's not done yet.

For weeks, it has been known that X (formerly Twitter) would introduce multiple tiers as part of its subscription known as X Premium. It is just one of the several changes that the microblogging platform has undergone since Elon Musk's acquisition. Although the majority of Musk's moves have been called draconian by users, the Tesla and SpaceX CEO has not shied away from enforcing them, with the aim of making X a super app that competes with China's WeChat. In the latest announcement, Musk has now revealed that the tiers of the X Premium subscription could be coming soon.

Many experts have criticized X (formerly Twitter) for letting misinformation spread on its platform in the past. But a new low for the platform came on Thursday, October 19, when a fact-checking website found that the owner of the platform, Elon Musk, was spreading misinformation through one of his posts on X. The post in question is a video that had a series of screenshots of news headlines where the efficacy of various COVID-19 vaccines was shown to decline in order of percentage. The fact-checker called it misleading and missing context. Interestingly, Musk has been vocal on the platform against the social and government-based pressure of getting the vaccine.

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Twitter owner Elon Musk has come up with a bold new plan to rid the platform of bots and attract legitimate new users: Charging new subscribers $1 per year for access.

Once you've finished screaming, let me re-emphasise that this story is one of those "according to report" stories. It comes from unnamed sources at Activision-Blizzard, describing a recent all-hands meeting during which CEO Bobby Kotick laid out his vision for the company and gaming at large following Activison's acquisition by Microsoft, which is tipped to finally conclude this week. Amongst other things, Kotick allegedly discussed machine learning, Guitar Hero and the apocalyptic power of Microsoft R&D. Activision hired James Corden to host the meeting, the sources claim. It sounds like a David Lynch fever dream.

Bobby Kotick was reportedly reminiscing during a recent all-hands meeting and also looking to the future.

The Securities and Exchange Commission is investigating how Twitter Inc. managed a 2018 security lapse that exposed personal user information before billionaire Elon Musk bought the social media platform last year. The agency has been scrutinizing whether the former top executives failed to adequately disclose those privacy issues to shareholders or put in place proper controls, according to people familiar with the matter who asked not to be identified discussing a confidential investigation. A bug on the social media platform had let outsiders view user email addresses during password resets, which revealed the identity of users, said one of the people.

X (formerly Twitter) has now added a new feature, which is being deemed controversial by a section of the users. The Elon Musk-owned social media platform now lets users restrict the replies to a post to only those who are verified by X, meaning they have the $7.99 monthly subscription. At the moment, X has not made it the default option, and ‘everyone can reply' is still set as default unless the user changes it. Some users are calling this feature a ‘paywall' to reply to posts, something which is considered a basic feature for social media platforms.

Tesla Inc.'s top-selling electric vehicles now compete directly with gasoline cars on price after the latest round of price reductions. The lower prices could cost the company $1.2 billion a year, according to at least one investor.

Elon Musk was sued by the U.S. securities regulator related to his takeover of Twitter, the latest court battle against the billionaire whose empire spans electric carmaker Tesla, space startup SpaceX and brain-chip startup Neuralink.

X (formerly Twitter) has begun testing three different tiers of its proposed premium subscription. The information came from the company CEO Linda Yaccarino in a meeting with debt holders as she updated the bankers about the finances and revenue of X, as per a report. It was also highlighted that the testing was done to increase the revenue collection from the subscription funnel. Additionally, X also stated during the meeting that the advertisers are returning back to the platform, although with smaller budgets.