X | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
X is a software development company that owns the social networking service X (formerly known as Twitter). It provides tools, resources,...
X is a software development company that owns the social networking service X (formerly known as Twitter). It provides tools, resources, and APIs for developers and businesses to integrate and expand their impact through social media. The platform focuses on real-time and historical social data, enabling businesses to monitor trends, engage with users, and utilize AI-powered advertising.
Website
Size
1001-5000 employees
Industry
Software Development
🛍️ X Product and Pricing News →
👔 X CEO, Management and Leadership Team →
⚔️ X Alternatives and Competitors →
💼 X Hiring and Layoffs →
🤖 X Developer, Integration and Automation News →
📈 X Financials, Fundraising and Valuation News →
🛍️ X Product and Pricing News
- X is under criminal investigation in France for potential algorithm violations related to privacy laws and harmful content promotion.
- On February 6, 2025, Zomato announced a name change to Eternal Limited, causing a stir on social media.
- Elon Musk has filed an antitrust lawsuit against several major companies, including Twitch Interactive and Nestle, accusing them of boycotting advertising on X, which allegedly resulted in billions of dollars in lost revenue.
- X, led by Elon Musk, has expanded its lawsuit to include Lego, Nestlé, and other brands, accusing them of participating in an advertising boycott that allegedly cost the company billions in revenue.
- X launched a new Video Tab and X Money, and is hiring for key roles in the agency development partnerships team.
- On January 23, John McAfee's X account, managed by his widow Janice, announced the launch of a new cryptocurrency called 'AIntivirus' claiming to digitally embody his provocative spirit using AI.
- X, previously known as Twitter, faced user and advertiser backlash after Elon Musk's acquisition, leading to a rebranding and changes in its blocking feature.
- The European Union is conducting a stress test on disinformation involving X and other social media platforms ahead of the German national election next month.
👔 X CEO, Management and Leadership Team
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EMEA Director of Brand Strategy and Creative
[email protected] -
Director of Engineering[email protected]
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Director of Product[email protected]
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Director, Brand Creative Strategy for Asia-Pacific[email protected]
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Director of Marketing, EMEA[email protected]
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Managing Director bei X[email protected]
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Chief Financial Officer
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Chief Compliance Officer[email protected]
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President
⚔️ X Alternatives and Competitors
- twitter.com |
- linkedin.com |
- instagram.com |
- facebook.com |
- tiktok.com |
- reddit.com |
- parler.com |
- bytedance.com
💼 X Hiring and Layoffs
- Cody Yanniello has left X, where he held the position of Applications & Strategy in the United States, to join Citadel as Chief Operating Officer - Engineering after previously working at SpaceX.
- Asha Davis has joined X as Senior Director Global Marketing in the United States, previously serving as Senior Vice President, Brand Partnerships & Creative Strategy at Group Black.
- Robert Pietsch has joined X as Head of LCS Sales in the United States, previously holding a position at another company.
- John Stoll has joined X as Director, News Partnerships in the United States, previously serving as Managing Director at Ridgely Walsh, LLC.
- X is currently seeking a Payments Product and Commercial Counsel in the United States.
- Jaak Poldma has left X as Legal Counsel - On Secondment in Greater London, England, United Kingdom to join Bank of America as Director & Assistant General Counsel.
- Romina Khananisho has joined X as Head of Global Government Affairs in the United States, previously serving as Vice President, Government Relations, High Growth Regions & Industrial Automation at Honeywell.
- Tim O'Mahony has joined X as the Director of International Content Sales in the United Kingdom, previously serving as the Manager of Principal Partnerships at Manchester United.
🤖 X Developer, Integration and Automation News
- X has partnered with adtech firm Magnite Inc. to enhance programmatic ad sales and recover from a revenue drop post-2022 acquisition by Elon Musk.
- X Money has the backing of Visa for its first big push.
- X has partnered with Visa to launch its wallet service X Money, enabling real-time payments for US users.
- X has partnered with adtech company PubMatic to expand its advertising reach beyond social media budgets and boost ad revenue.
- Disney, Comcast, Lionsgate Entertainment, and Warner Bros. Discovery have resumed advertising on X, spending a total of $3.3 million this year after a previous boycott.
- Major brands like IBM, Comcast, Warner Bros. Discovery, and Disney have resumed advertising on X, possibly due to Elon Musk's close relationship with President-elect Donald Trump.
- Amazon is increasing its ad spending on X after previously pulling back due to concerns over hate speech and Elon Musk's actions.
- Amazon has increased its advertising on Elon Musk's social media platform X after previously reducing it due to concerns over hate speech.
📈 X Financials, Fundraising and Valuation News
- Wall Street banks plan to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, next week.
- Elon Musk's X is considering a potential merger with TikTok's U.S. operations, which could revolutionize social media by combining X's technology with TikTok's creative features.
- X is financially recovering with Wall Street banks preparing to sell $3 billion of debt, showing $1.2 billion in adjusted EBITDA for 2024, as advertisers like Disney and Amazon return to the platform.
- X CEO Linda Yaccarino reported that users spent 364 billion seconds per day on the app in 2024, equating to 24 minutes per user daily, which is a decline from previous usage levels.
- X reported a 40% year-over-year increase in video views, emphasizing the importance of video content for user engagement in 2025.
- X's ad revenue has dropped by 46.4% since Elon Musk's acquisition in 2022, with forecasts predicting further declines due to minimal content moderation.
- X, recently acquired by Elon Musk, has rapidly grown its user base by championing free speech and transparency, rivaling giants like Facebook and Twitter in daily active users.
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