X platform usage hits record high after US presidential debate begins
According to reports, the usage rate of platform X in the United States reached a new historical high after the start of the presidential debate, exceeding the previous record by 5%.
X has obtained payment and remittance service licenses in 18 states in the United States
According to Watcher Guru, X (formerly Twitter) has obtained payment remittance licenses in 18 states in the United States, namely: New Hampshire, South Dakota, Pennsylvania, Rhode Island, Mississippi, Maryland, Arkansas, Wyoming, Michigan, Missouri, Georgia, Nevada, Arizona, Virginia, Kansas, Florida, Utah, and Iowa.
X obtains money transmission license for Nevada payment service
Watcher.Guru has stated on social media platform X that X has obtained a currency transfer license for payment services in Nevada. In December of last year, X (formerly known as Twitter) platform owned by Musk had already obtained currency transfer licenses in 12 states in the United States. These licenses are associated with a company called "X Payments LLC" (formerly "Twitter Payments LLC"), which will operate remittance business on X. The name of the license may vary, but all allow X to process payments or transfer funds in that state.
Musk: X payment function Payments will be launched within 2024
Elon Musk's latest interview revealed that the payment function Payments of the X platform will be launched later in 2024. It was previously reported that the timetable for X to launch in-app payment services is expected to be in mid-2024. Currently, X's payment subsidiary, X Payments LLC, is applying for payment licenses across the United States, but it is not yet certain whether the platform will expand its support for cryptocurrencies.
X Social Network Rolls Out Audio and Video Calls for Android Users
Elon Musk's social network X has introduced the feature of making audio and video calls directly from the app to its Android client. The feature will be available to Android users after an app update. Any user can receive a call, but only paid users can place a call. X has also published its vision for 2024, including launching peer-to-peer payment and new xAI-powered features. However, reports suggest that advertisers are leaving X after Musk's controversial statement at an event in November 2023.
Paradigm researcher: Twitter security vulnerability now fixed
Paradigm researcher Samczsun posted on social media that the security vulnerability reported by Twitter this morning has been fixed. The technical summary is as follows:
Paradigm researcher: X has a critical vulnerability that allows full access to user accounts just by clicking on a link
Paradigm researcher samczsun wrote that the social media platform X (formerly known as Twitter) had a critical vulnerability. This vulnerability allows hackers to gain complete access to user accounts by simply clicking on a link. This means that hackers can tweet, retweet, like, block, and perform other actions, but cannot change the user's password. Until this issue is resolved, users are advised to install the ad blocker uBlock Origin to reduce the risk of such attacks. uBlock Origin is an effective browser extension that can block malicious links and ads, thereby improving user network security when using social platforms such as X.
Elon Musk's X granted additional money transmitter licenses in three US states
Elon Musk's company, formerly known as Twitter and now called X, has been granted three additional money transmitter licenses in South Dakota, Kansas, and Wyoming, bringing the total number of states where the company is allowed to engage in money transfers to twelve. The company plans to turn X into an "everything app" that includes its own payments system, putting it in competition with PayPal. Musk has previously spoken about his plans to morph X into a payments platform, where users can send money to others on the platform, extract their funds to authenticated bank accounts, and perhaps later, a high-yield money market account. However, X's ability to monetize via ads has taken a downturn in recent days due to an advertiser exodus prompted by Musk's endorsement of an antisemitic post on the platform.
Elon Musk: X will be integrated with Grok and related buttons will be added
Elon Musk announced that xAI's artificial intelligence project Grok will be integrated with the X platform in the coming weeks, and will add a "Grok, analysis!" button to X platform tweets.
X will lose $75 million in revenue by year's end due to loss of advertisers
According to The New York Times, due to dozens of major brands suspending their advertising, Musk's X platform may lose up to $75 million (approximately RMB 536 million) in advertising revenue by the end of this year. Musk's previous anti-Semitic remarks have led to many companies, including Walt Disney and Warner Bros., suspending their advertising on X. According to multiple news media reports, Apple has also withdrawn its advertising spending on X.