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In addition to Twitter, the company previously operated the Vine short video app and Periscope livestreaming service. In April 2023, Twitter merged with X Holdings [6] and ceased to be an independent company, becoming a part of X Corp. [7] Twitter was created by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams in March 2006 and was ...
A nonfiction book about the acquisition, Breaking Twitter: Elon Musk and the Most Controversial Corporate Takeover in History, was announced by author Ben Mezrich in December 2022 and released in November 2023. [379] [380] Many publications reflected on Twitter's first year under Musk's ownership.
On March 9, 2023, Musk registered X Corp. in Nevada.On the same day, Musk registered the artificial intelligence (AI) company X.AI Corp. [18] Later that month, Musk applied to merge X Holdings with X Holdings Corp. and Twitter, Inc. with X Corp. [9] In the filing, Musk revealed that X Holdings Corp. had $2 million in capital, but X Holdings Corp. would serve as the parent company for X Corp ...
Musk hinted at Twitter’s financial troubles saying, “I acquired the world’s largest non-profit for $44 billion.” (Twitter had, in fact, reported a profit in 2018 and 2019, prior to Musk ...
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The massive stock market gains of the past two years — the S&P gained roughly 20% in 2023 and is set to gain more than that by the end of 2024 — also pose challenges to US companies. Benchmark ...
2023 March 31 Product Twitter's algorithm is made open source [216] 2023 April 3-6 Product Twitter briefly replaces its logo with a Doge logo for 3 days. [217] 2023 April 10 Company operation Twitter, Inc. is merged with X Corp. [218] 2023 April 20 Product Discontinuation of legacy verified checkmarks [215] 2023 May 12 Company operation
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