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☆ Ark's Cathie Wood is betting Elon Musk will turn Twitter into a 'super app'
  + stars: | 2022-11-02 | by ( Ryan Browne | ) www.cnbc.com   time to read: +1 min
LISBON, Portugal — Ark Invest founder Cathie Wood thinks Elon Musk might be onto something with his vision for Twitter. "He's thinking about a super app like WeChat Pay," Wood said at the Web Summit technology conference in Lisbon, Portugal, Wednesday. Wood was referring to the digital payments service of Chinese messaging app WeChat. Tesla CEO Musk has already hinted at plans to make Twitter a super app. "He and [Twitter co-founder] Jack Dorsey working together, I think, could turn this into a super app."
☆ Binance CEO was in the dark about Musk's Twitter U-turn: 'It's very hard to predict what Elon will do next'
  + stars: | 2022-11-02 | by ( Ryan Browne | ) www.cnbc.com   time to read: +3 min
Co-founder and CEO of Binance, Changpeng Zhao, speaks on stage during the opening night of Web Summit 2022. "It's very hard to predict what Elon will do next," Zhao, who goes by "CZ" online, told the audience on the opening night of Web Summit Tuesday. Binance, the world's largest crypto exchange, is now one of Twitter's equity backers, kicking in $500 million to help Musk buy the company. LISBON, Portugal — The boss of crypto exchange Binance says he wasn't privy to Elon Musk's thinking when the billionaire backed away from, and then revived, his takeover of Twitter. The protracted saga over Musk's purchase of Twitter drew to a close last month when Musk agreed to a final deal with the company.
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