SEC Probes Twitter Security Lapse Before Elon Musk Took Over

In yet another roll out of a massive change on X platform that can have far-reaching consequences for users and, as usual, without warning, X owner Elon Musk says he is, "Making a slight change to creator monetization." By now that is familiar territory for Musk who has made it a habit of springing surprises on X users that they are not really expecting or have not been informed about beforehand.

Last night, X (formerly Twitter) finally launched two more subscription tiers to the paid version of its platform, known as the X Premium subscription. The Elon Musk-owned social media platform now has a Basic, Premium, and Premium Plus tier for those who want to access features such as editing a post, posting longer posts, and background video playing. Every tier unlocks some tier-specific benefits, and the most expensive plan, Premium Plus, unlocks all the features, and on top of that removes all ads and gives the user the “largest boost for your replies”. Let us take a look at the tiers, their price, and what they offer.

X (formerly Twitter) is going to get financial features in 2024, and they will include payment-related features too. And the company owner Elon Musk believes that they are so powerful that no one willeven require a bank account anymore. He made this big revelation at the company's first joint all-hands meeting alongside CEO Linda Yaccarino. This comes after Yaccarino openly shared the vision of turning X into a super app. The financial features might be the first real step towards that, as the platform moves away from the social media space.

Executives at X, the social media site formerly known as Twitter, said they see YouTube and LinkedIn as future competitors while pursuing new business lines in video and hiring.

Not content with trashing one treasured website this year, Elon Musk has turned his sights on another: Wikipedia, the crowdsourced encyclopedia founded in 1999 that has come to represent the very best of what the internet has to offer.

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.

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.

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.

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.