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,...


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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 →

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🛍️ X Product and Pricing News

  • Grok can now access real-time data from X to provide information on current events and trending topics.
  • X announced that it is rolling out labels for parody accounts to increase transparency and prevent user deception.
  • X is considering charging new users $8 to sign up, which includes a free month of X Premium, to boost revenue and reduce reliance on ads.
  • X has introduced a 'Parody account' label to help users identify parody accounts and avoid confusion with authentic accounts.
  • X's CEO Linda Yaccarino confirmed the incorporation of cryptocurrencies like Bitcoin into the platform, although neither she nor Elon Musk have directly mentioned Bitcoin or crypto in relation to payments on X.

  • X is under investigation by EU officials for potentially violating EU rules with its content policies and Elon Musk's political activities.
  • Meta is adopting a crowdsourced fact-checking system similar to X's Community Notes, initially for US users, as announced by CEO Mark Zuckerberg.
  • X is expanding its in-app payment capabilities with 'X Money' expected to launch in 2025, despite withdrawing its application for a New York license due to legal issues.

👔 X CEO, Management and Leadership Team


⚔️ X Alternatives and Competitors

  • twitter.com
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  • linkedin.com
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  • instagram.com
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  • facebook.com
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  • tiktok.com
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  • reddit.com
  • |
  • parler.com
  • |
  • bytedance.com

Monitor your competitors, key accounts, or your own company with RivalSense AI


💼 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.
  • M. Reza Banki has joined X as Chief Financial Officer in the United States, previously serving in the same role at another company.
  • X is currently seeking a Payments Product and Commercial Counsel in the United States.
  • 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.
  • John Stoll has joined X as Director, News Partnerships in the United States, previously serving as Managing Director at Ridgely Walsh, LLC.

  • 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.
  • 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.
  • Natasha C. has left X as Lead Client Partner (Verticals) in the United Kingdom to join Pinterest as Lead Client Partner - Travel.

🤖 X Developer, Integration and Automation News

  • 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.


📈 X Financials, Fundraising and Valuation News

  • 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.
  • Elon Musk reports that X reached record usage during the US presidential election, with a 15.5% surge in new user registrations and 434.1 billion global user seconds.
  • 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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