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X Heralds P2P Payments With @XPayments Account
X Heralds P2P Payments With @XPayments Account
January 21, 2024  |  Payments Innovation

Is X getting closer to adding peer-to-peer (P2P) payments to its platform? Elon Musk’s social media company announced plans to launch such an offering earlier this month....

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Senators Want Better SEC Cybersecurity After EFT-Related Hack
Senators Want Better SEC Cybersecurity After EFT-Related Hack
January 14, 2024  |  Cybersecurity

Two U.S. senators want the Securities and Exchange Commission (SEC) to up its cybersecurity game after a recent hack. Last week, someone breached SEC’s account on...

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Hackers Hijack SEC X Account to Announce Phony ETF Approval
Hackers Hijack SEC X Account to Announce Phony ETF Approval
January 10, 2024  |  Cryptocurrency

Hackers took over the SEC’s X account to falsely trumpet the agency’s bitcoin ETF approval. The breach happened Tuesday (Jan. 9), allowing whoever took over...

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X to Add Peer-to-Peer Payments in 2024, Aims to Be ‘Everything App’
X to Add Peer-to-Peer Payments in 2024, Aims to Be ‘Everything App’
January 09, 2024  |  Mobile Applications

X, the social media platform formerly known as Twitter, plans to launch peer-to-peer payments this year.  Doing so will add more user utility to the...

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X Restores Headlines to News Links Following User Complaints
X Restores Headlines to News Links Following User Complaints
January 02, 2024  |  Social Commerce

Elon Musk’s decision to remove headlines from X’s news links was apparently short-lived. The multibillionaire social media mogul announced in October that the platform — formerly...

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LinkedIn Ad Revenues Surge as Companies Flee X
LinkedIn Ad Revenues Surge as Companies Flee X
December 28, 2023  |  Social Commerce

Elon Musk’s loss in the social media advertising space has apparently been LinkedIn’s gain. The Microsoft-owned professional networking site has seen a jump in ad revenue as companies jump...

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X Sees Quarterly Ad Revenue Drop Amid Content Moderation Concerns
X Sees Quarterly Ad Revenue Drop Amid Content Moderation Concerns
December 12, 2023  |  Social Commerce

X, the social media platform formerly known as Twitter, is reportedly facing a slump in advertising revenue this year. The social media platform has been...

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X’s Money Movement Push Comes as Regulators Warn of Non-Bank Financial Risks
X’s Money Movement Push Comes as Regulators Warn of Non-Bank Financial Risks
December 11, 2023  |  Digital Payments

X, formerly known Twitter, has been laying the groundwork state by state to move further into money movement. In doing so, the social media stalwart...

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Elon Musk’s xAI Aims to Raise $1 Billion
Elon Musk’s xAI Aims to Raise $1 Billion
December 05, 2023  |  artificial intelligence

Elon Musk’s artificial intelligence company, xAI, aims to raise $1 billion in funding from equity investors. Musk has already raised nearly $135 million, Bloomberg reported Tuesday (Dec. 5),...

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