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CNBC’s Mad Money host Jim Cramer said that Mark Zuckerberg’s newly launched Threads app “killed Twitter” after it received 100 million downloads in just five days. In comparison, it took Twitter nearly 17 years to achieve the 368 million active users milestone. Meta launched Threads, challenging Elon Musk’s Twitter (X) and boasting features from various apps like Facebook, Instagram, and X. Surprisingly, just a few days after Cramer said that Threads “killed Twitter”, Meta’s new app began to decline. Also Read: BRICS: U.S. Dollar Dominance May Be Coming to an End $META's Threads has the potential to be the kinder, gentler Twitter , says @jimcramer. Jim tells @carlquintanilla “game, set, match” in the latest round of Mark Zuckerberg vs. Elon Musk as $META is set to launch a Twitter competitor. pic. Twitter .com/zGJuED6Ty6 — Squawk on the Street (@SquawkStreet) July 5, 2023 Meta: Google Search For Threads ...

Multiple tokens adorned with the label ‘X’ emerged on various decentralized exchanges as Twitter, under the leadership of Elon Musk, initiated a transition from its recognizable blue bird emblem to an ‘X’ insignia. The first indication of this imminent shift was given by Musk in a tweet during the weekend. This was later substantiated on Sunday, July 23, by Twitter’s CEO, Linda Yaccarino. “X represents the boundless potential of a new era of engagement encompassing audio, video, messaging, and even banking transactions, shaping a worldwide forum for the exchange of thoughts, merchandise, services, and opportunities,” stated Yaccarino. “AI will be the driving force behind X, linking us in manners we are just beginning to comprehend.” The transition to X Corp began in April 2023 when Musk integrated Twitter into the newly formed corporation. Around the same period, he registered X.AI Corp., an artificial intelligence startup. Twitt...

This week has proven to be a busy one for social media platforms and their bigwig bosses. Twitter rival Bluesky announced an $8 million seed round on the eve of the launch of Threads, Meta’s own rival to Elon Musk’s bird website, just as Twitter announced it has secured a money transmitter license in several US states. Twitter founder Jack Dorsey’s Bluesky launch ed its beta release in February. On Wednesday, it shared a press release announcing an $8 million funding round , led by Neo, that would allow the firm to expand its team and grow the app. Additionally, Bluesky shared news of its first paid service — custom domains. “Domains have so much potential as a personalized way to customize identities and as a decentralized way to verify reputation that builds off the existing web,” Bluesky’s statement read. The firm pointed out that while many of its users already customise their domains, such as US senators, the process “requires some familiarity with domain registrars and DNS...

Taking to the social media platform to give her very first address since the confirmation of her new appointment, Linda said she is in alignment with Musk’s determination to create a brighter future and that she is excited to help rebrand the business. advertisement Since Elon Musk acquired the company, a lot has changed with respect to the administration and the publicity push for the firm. Besides the regular job cuts and product improvements that have been recorded on Twitter, the billionaire investor has also done a lot to show that there are big plans for Web3.0 and the digital currency ecosystem. In one of the very visible moves, Elon Musk changed the Twitter logo to show that of Dogecoin for a few days earlier this year. The speculations now abound as to whether or not things will change for Dogecoin and the broader industry under the leadership of Linda Yaccarino. Future of Dogecoin in Twitter 2.0 According to Linda, she plans to take ...

Elon Musk’s tenure as the CEO of Twitter has been surrounded by controversy for various reasons. Against this backdrop, Musk recently announced that a new CEO would be taking over the social media giant. Today, he confirmed his plans to step down as Twitter’s chief within the next six weeks. While Musk mentioned that the next CEO would be a “she”, he did not disclose her identity. This led to a flurry of reports speculating on the potential candidate for the role. According to a recent report by the Wall Street Journal, Linda Yaccarino, who currently serves as the head of advertising at NBC Universal, has been identified as a potential candidate for the role of CEO. For starters, Yaccarino’s LinkedIn profile mentioned that she has been a longstanding executive at NBC Universal. She joined the company in 2011. Her current role is Chairperson for Global Advertising and Partnerships, indicating her extensive experience and leadership in the advertising domain within the organization. S...

While Twitter users may be more crypto-native, that doesn’t mean they’re going to win in the NFT arena. The nonfungible token (NFT) industry has experienced some market turbulence over the past few months, but this hasn’t stopped both Twitter and Instagram from making moves into an industry that some estimate could be worth $231 billion by 2030.  This comes off the back of Twitter having recently announced NFT Tweet Tiles and Instagram releasing an array of different NFT-related tools, and many NFT enthusiasts are naturally starting to deliberate which one will come out on top as the go-to social media platform for NFTs. Going by their unique value proposition and recent events, it is evident that Instagram currently has more in its favor than Twitter when it comes to NFT integration. The value of integrating on Instagram One of the key determining factors for upholding Instagram as having more NFT potential than Twitter is its unique value proposition. When looking at Twitter’s core ...