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After banking features, what else is Elon Musk planning to bring to X? Know them all

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X (previously Twitter) goes to get fairly a number of banking and finance options in 2024, and they’ll embrace payment-related options too. That’s the intent Elon Musk has expressed typically. As such, those that are questioning in regards to the connection between monetary providers and social media shouldn’t be stunned, as firm proprietor Musk has mentioned that he plans to show X into an “the whole lot app”, very similar to China’s WeChat and Alipay. However an the whole lot app doesn’t simply have funds, it is usually required to have plenty of different providers as nicely. So, what precisely is Musk planning to carry to X? Allow us to have a look.

New providers and options that may quickly come to X

Among the many first could possibly be a information distribution service. In accordance with a report by Bloomberg, the service shall be known as XWire, and it was revealed on the identical all-hands assembly the place the fee information got here from.

“The duo additionally referenced ambitions to create a information wire service known as XWire, which might rival Cision’s PR Newswire,” Bloomberg quoted sources as saying.

A report by The Data additionally highlights the plans of Musk and X CEO Linda Yaccarino so as to add procuring and sports activities options to the platform as nicely. Purchasing makes plenty of sense and it’s the logical successor to fee options since individuals want one thing to really transact on the app as nicely.

Nevertheless, it isn’t clear what the sports activities options may very well be. It could possibly be reside streaming of sports activities, sports activities protection, commentary, and even fantasy-related options. Not a lot is thought about this.

Additional, gaming could possibly be one other function, as Musk himself has talked about it throughout certainly one of his Diablo IV recreation streams. He mentioned that he would need to carry streamers who stream video games on Twitch, YouTube, or Kick, completely to X.

One other space the place the corporate is engaged on is the vertical video-scrolling. Proper now, you possibly can open a video on X, after which simply scroll all the way down to see associated movies one after the other, much like TikTok or Instagram Reels. Nevertheless, you will notice that the video lengths usually are not constant and the algorithm is just not too good proper now.

Musk has additionally seemingly set a goal for 2024 for X to have a banking system in place. He says he desires X to interchange banks.

Musk and Yaccarino each have mentioned that they’re engaged on bettering these options. As soon as performed, Musk may combine commercials, and permit customers to make purchases from them with out ever having to go away the app. However, these are all on X’s bucket listing, and we’re but to see any of those options materialize on the platform.

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