The cosy relationship between Elon Musk's Tesla Inc. and China was on display again on Wednesday when President Xi Jinping expressed support for the US electric carmaker in China and Musk in turn expressed his gratitude for that warm reception.
01.11.2023 - 07:53 / tech.hindustantimes.com / Elon Musk / New
Twitter was transformed into X earlier this year, and while the change was essentially a logo, name, and domain shift, company owner Elon Musk has much grander plans for his platform. From a simple messaging platform, in his own words, Musk wants to turn X into an ‘everything app', similar to China's WeChat, where people can do a bunch of different things outside of typical social media activities on the app itself. This can include even checking your bank account balance, applying for a job, watching a live stream, shopping for clothes, and even finding a date. Even if it sounds ridiculous, Musk is pretty serious about it and mentioned it all during the company's first all-hands employee meeting.
According to a report by The Verge, which published the full transcript of the meeting, Musk said, “We're rapidly transforming the company from what it was, Twitter 1.0, to the everything app. [An] all-inclusive feature set that you can basically do anything you want on our system. Obviously, that's not to the exclusion of other apps, but I think the fundamental thing that's missing that would be incredibly useful is a single application that encompasses everything."
And what would that include? Musk simply said, "You can do payments, messages, video, calling, whatever you'd like, from one single, convenient place”.
He added, “They have this in China, to some degree, with WeChat. We just don't have that. It doesn't exist outside of China. This doesn't mean that we just want to copy WeChat. I think we can actually create something ultimately that exceeds WeChat. We can do some pretty incredible stuff here”.
So, what are all the “incredible stuff” Musk is planning to do at X? Let us take a quick look.
During the meeting, Musk ran through all the achievements that the company had accomplished this year. This included several features that are presently in beta or alpha testing, and the company wants to release it over a period of time.
The first on the list is the audio/video calling feature on X, which, while an upgrade, still comes under the ambit of social media. Platforms like Facebook, Instagram, Telegram, and Signal already offer them. With or without the ‘everything app', this is a feature that will be appreciated by the users.
Musk also highlights the improvements done in video streaming. Vertical scrolling, long video uploading, and an improved algorithm are some of the changes the company has made in the last few months, and it has improved the platform.
Mentioning ad revenue share for creators, Musk said, “This has made a big difference to the lives of many people. We've paid over $20 million to creators, and we expect that number to rise significantly. Our number of creators has increased by more than an
The cosy relationship between Elon Musk's Tesla Inc. and China was on display again on Wednesday when President Xi Jinping expressed support for the US electric carmaker in China and Musk in turn expressed his gratitude for that warm reception.
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