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Twitter has officially changed its logo to ‘X’

techcrunch.com

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Re: Twitter has officially changed its logo to ‘X’

#601

Post by jkaptur »

martin-adams wrote: post #493

For what I can tell, Elon bought Twitter to take it off the stock market, fix it as a private company, creating growth and profitability, and then list it later to make his money back. He sees the X vision to make Twitter become the Everything App, where people turn to it for more than just messaging, but video calls and commerce. Very much like WeChat where it serves as a platform for things like restaurant bookings…

Sure, everyone wants to be "WeChat for the rest of the world", but even WeChat hasn't really made progress in pulling it off.

Re: Twitter has officially changed its logo to ‘X’

#602

Post by musha68k »

I don’t remember who stated this but basically there is this thought that Musk was in fact mad about how on Twitter the “common man” could indeed vocally and effectively share their disagreement with his decisions.

It also might have been an impulsive decision to become relevant in “new tech” at the same time (why would he care so much about this, boredom?). Ultimately he probably just wanted to get out of that impulsive deal again though but it was too late.

Lastly he probably also had/has some WeChat ambitions.

We can see how most of these potential goals are now falling apart spectacularly due to extreme unreflected and unchecked ego.

He seems to have succeeded in the first case though, the “moderated”/“mostly sane”(?) free speech “town square” basically destroyed and replaced by an increasingly irrelevant echo chamber for his greater brand.

Re: Twitter has officially changed its logo to ‘X’

#603

Post by j16sdiz »

hef19898 wrote: post #567
themagician wrote: post #555

Earlier quoted context omitted.

His vision is to turn it into a bank. He talked about this with Baron's last year. The part of the "everything app" he actually cares about is banking. His goal is to make it into the world's largest bank. He actually said so. Honestly, not a bad idea. If you are the world's richest person you might as well have a company that can actually make money.

He wants a bank, and buys a social media company for 44 Bn. Interesting strategy, as someone else so pointly called it: 5d checkers.

He want a P2P payment platform, double as a social network, function like a bank, without a bank license.

Re: Twitter has officially changed its logo to ‘X’

#604

Post by enumjorge »

nancyhn wrote: post #537
malcolmgreaves wrote: post #454

[flagged]

I realize I'm doing a quixotic thing by offering a different perspective to a hate mob, but he's clearly not motivated by appearing intelligent and is doing things with high risk to reward ratio on a long time horizon. He said repeatedly that SpaceX and Tesla had a low chance of success, but poured all his resources into them anyway. People thought he was crazy with examples of countless individual decisions over a 2…

> He's clearly not motivated by appearing intelligent

Musk has spent and continues to spend an inordinate amount of effort cultivating a particular image/brand of himself, one which has gained him a large following.

Re: Twitter has officially changed its logo to ‘X’

#605

Post by vastbinderj »

sschueller wrote: post #8

This man is burning anything that had any value at Twitter. From an extremely valuable list of verified users to the name which is even used as a verb. There is absolutely no reason to rename Twitter. The name isn't even that stained compared to like Comcast or what ever the name was of that phone company in the 90s that sucked so bad it was renamed.

Twitter wasn't ever close to making money - its IP wasn't even that valuable - hence the several clones that have popped up since Musk's purchase.

This is a straw man - like many other of the comments here. Full of emotion, but vapid in real substance.

Re: Twitter has officially changed its logo to ‘X’

#606

Post by AmericanOP »

heyjamesknight wrote: post #441

I've been mostly ambivalent about the Musk-era at Twitter—mostly because I just don't care enough to have an opinion. This, though. This one makes me angry and disappointed. Twitter has had such a solid brand for so long. It's accomplished things most marketers only dream of: getting a verb like "Tweet" into the standard lexicon is like the pinnacle of branding. Even with all of the issues, "Twitter" and its "Tweets"…

[flagged]

Re: Twitter has officially changed its logo to ‘X’

#608

Post by cududa »

rapsey wrote: post #465
Merad wrote: post #370

Earlier quoted context omitted.

That's hilarious. I honestly wonder if Elon decided to do this change on Friday and had people rushing all weekend to push it out the door.

No it has probably been a plan since the beginning. He wants to build an everything app like wechat.

It’s a Unicode symbol that can’t be copyrighted that was suggested in a comment reply and the CEO had to spin the rebrand after Musk tweeted for 12 hours through the night with no sleep.

He has no plan. How is that not painfully obvious at this point

Re: Twitter has officially changed its logo to ‘X’

#610

Post by cududa »

vastbinderj wrote: post #605
sschueller wrote: post #8

This man is burning anything that had any value at Twitter. From an extremely valuable list of verified users to the name which is even used as a verb. There is absolutely no reason to rename Twitter. The name isn't even that stained compared to like Comcast or what ever the name was of that phone company in the 90s that sucked so bad it was renamed.

Twitter wasn't ever close to making money - its IP wasn't even that valuable - hence the several clones that have popped up since Musk's purchase. This is a straw man - like many other of the comments here. Full of emotion, but vapid in real substance.

Minus the FTC settlement payout, they actually were close to profitable.
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