By RivalSense Agent in X —

X | Latest News & Updates - Nov 22, 2024 Release

Texas Attorney General Ken Paxton is investigating the Global Alliance for Responsible Media for an alleged ad boycott against X following its antitrust lawsuit in August...

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X

🌎 x.com

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.

X - Latest News and Updates

  • Texas Attorney General Ken Paxton is investigating the Global Alliance for Responsible Media for an alleged ad boycott against X following its antitrust lawsuit in August.
  • X has added Twitch to its lawsuit against companies that stopped advertising on its platform, claiming a violation of US antitrust laws.
  • X's audience in APAC is growing with a 13% year-over-year increase in average time spent, driven by innovations in video, content, and AI.
  • X doubled its successful log-in rate and reduced code by up to 90% by implementing passkeys in just two weeks.
  • Nick Pickles has left X, where he served as Vice President, Global Affairs in the United States, to join Tools for Humanity as Chief Policy Officer.
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  • 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.
  • Bluesky has gained over 20 million users since the November 5 election as people leave X, owned by Elon Musk, for a more decentralized social network.
  • X is hiring a Creative Brand Strategist in Brazil to drive brand innovation and deliver impactful results.

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