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☆ Elon Musk rebrands Twitter to 'X,' replaces iconic bird logo
▼ + stars: | 2023-07-24 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

Twitter owner Elon Musk officially changed the company's famous bird logo to an "X" on Monday as part of a sweeping rebrand he announced on the social media site over the weekend. The transition from Twitter to X reflects Musk's vision to turn the platform into what he has called an "everything app." Twitter CEO Linda Yaccarino wrote in a post Sunday that X will be "centered in audio, video, messaging, payments/banking." The company first began its transition to X in April, when the name of Twitter Inc. changed to X Corp., according to court filings. He shared a photo of the X logo projected onto the company's headquarters Monday.

Persons: Elon Musk, adieu, Linda Yaccarino, Musk Organizations: Twitter, Twitter Inc, X Corp, SpaceX, Musk's, Confinity, PayPal Locations: Warsaw, Poland

☆ Elon Musk plans to rebrand Twitter as 'X' — an idea that harkens back to the CEO's early days when he was ousted from PayPal
▼ + stars: | 2023-07-24 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Elon Musk announced Saturday that he plans to rebrand Twitter and change the bird logo to 'X.' Musk previously wanted X to be the name of a banking services site now known as PayPal. Musk said a new "interim" X logo will go live Sunday. Elon Musk in Palo Alto, California, on August 7, 2000. According to Ashlee Vance's biography "Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future," almost everyone in the company preferred the name PayPal.

Persons: Elon Musk, Musk, Elon, Pauline Lubens, Julie Anderson Ankenbrandt, Ankenbrandt, x.com, X.com, Peter Thiel, Max Levchin, Musk's, Thiel, Ashlee Vance's Organizations: Twitter, PayPal, MediaNews, Mercury, Getty, Elon, SpaceX, X Corp Locations: Silicon Valley, Palo Alto , California, Palo Alto, Nevada

☆ Twitter's new X.com domain is redirecting some users, including cofounder Jack Dorsey, to a GoDaddy ad
▼ + stars: | 2023-07-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Elon Musk said Sunday that X.com had started redirecting users to Twitter. The website was previously used for PayPal before Musk bought back the domain in 2017. Elon Musk's rebranding of Twitter to X has already suffered its first glitch, as users report the x.com website doesn't work properly. The world's richest person announced Sunday that the domain, which Musk previously used for PayPal, had started redirecting users to Twitter. Some Twitter users said they encountered other glitches with the new domain, like the server IP being unsecure or not located, and even a file being downloaded.

Persons: Elon Musk, X.com, Musk, Elon, Brian Merchant, Ryan Mac, Jack Dorsey, Christopher Stanley, Dorsey, Dorsey doesn't, x.com didn't, Peter Thiel's Confinity Organizations: Twitter, PayPal, Morning, Elon Musk's, Los Angeles Times, New York Times, eBay, eBay Inc

☆ Elon Musk cambia el logotipo de Twitter a una X
▼ + stars: | 2023-07-24 | by ( Noam Scheiber | Ryan Mac | ) www.nytimes.com time to read: +2 min

Ahora enfrenta a un competidor bien financiado en Threads, el servicio similar a Twitter recientemente presentado por Meta, la compañía que es dueña de Facebook. Musk ha tenido una larga afinidad por la letra X. Es el autor de The Escape Artists. Más sobre Noam ScheiberRyan Mac es un reportero de tecnología enfocado en la responsabilidad corporativa en la industria tecnológica mundial. Ganó un premio George Polk en 2020 por su cobertura sobre Facebook y vive en Los Ángeles.

☆ Elon Musk pushed for PayPal's website to be rebranded as X.com more than 20 years ago, but focus groups reportedly thought it sounded like a porn website
▼ + stars: | 2023-07-24 | by ( Gabriel Rivera | ) www.businessinsider.com time to read: +3 min

Elon Musk rebranded Twitter as X over the weekend — a name that has long been one of his favorites. But focus groups thought the name sounded "seedy," according to Musk biographer Walter Isaacson. Musk wanted the company to be rebranded either as X.com or X-PayPal, but his fellow executives disagreed. Several of Musk's brands among his slate of companies include the letter X, including SpaceX and the more recent company xAI. Over the weekend, he changed the company's logo from the iconic blue bird to a white letter X against a black backdrop.

Persons: Walter Isaacson, Elon Musk, Musk, Peter Thiel, Max Levchin, Max Chafkin, Chafkin, Isaacson Organizations: Elon, PayPal, Service, Twitter, musing, SpaceX Locations: Wall, Silicon

☆ Twitter rebrands to 'X' as Elon Musk loses iconic bird logo
▼ + stars: | 2023-07-24 | by ( Chantal Da Silva | ) www.cnbc.com time to read: +2 min

Twitter has officially rebranded to "X" after owner Elon Musk changed its iconic bird logo on Monday, marking the latest major shift since his takeover of the social media platform. Twitter's world-renowned bird logo was transformed into an X, however. Asked if the logo would change in a Twitter Spaces audio chat, he said "yes," telling an unknown speaker: "We're cutting the Twitter logo off the building with blow torches." The shift from bird imagery to an "X" is the latest sweeping change since Musk bought Twitter for $44 billion last year. The latest changes come as the social media giant continues to face competition from Meta's new app, Threads, which launched earlier this month.

Persons: Elon Musk, Porte, Musk, adieu Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de, Sunday, Musk, PayPal, Help Locations: Paris, France

For more than 10 years, Twitter has been recognizable for its blue and white bird logo, which became a symbol of the social network’s unique culture and lexicon. “Tweeps” became the moniker for Twitter employees. Late on Sunday, Elon Musk began getting rid of it all. The tech billionaire, who bought Twitter last year, renamed the social platform X.com on its website and started replacing the bird logo with a stylized version of the 24th letter of the Latin alphabet. Inside Twitter’s headquarters in San Francisco, X logos were projected in the cafeteria, while conference rooms were renamed to words with X in them, including “eXposure,” “eXult” and “s3Xy,” according to photos seen by The New York Times.

Persons: Tweeps ”, Elon Musk, “, Musk, adieu Organizations: Twitter, The New York Times Locations: San Francisco

"Interim X logo goes live later today," Musk said on Twitter adding that "X.com" would now redirect to Twitter's website. Musk's X Corp owns Twitter. The billionaire said in a Sunday post he wanted to change Twitter's logo and polled his millions of followers whether they would favor changing the site's color scheme from blue to black. Twitter logo and a photo of Elon Musk are displayed through magnifier in this illustration taken October 27, 2022. In April, Twitter's legacy blue bird logo was temporarily replaced by Dogecoin's Shiba Inu dog, helping drive a surge in the cryptocurrency's market value.

Persons: Elon Musk, Musk, Dado Ruvic, adieu, Musk's, Dogecoin's Shiba, Mrinmay Dey, Rishabh, William Mallard, Jan Harvey, Cynthia Osterman Organizations: Twitter Inc, Twitter, X Corp, REUTERS, Thomson Locations: Bengaluru

☆ Elon Musk says he plans to boot the Twitter brand and 'bid adieu' to 'all the birds'
▼ + stars: | 2023-07-23 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Elon Musk said he's planning to change Twitter's logo and get rid of its bird character. Musk pinned a tweet with a graphic of a new "X" logo, meaning he may already have a replacement. Elon Musk indicated he's planning to scrap Twitter's logo – and has even started asking users for ideas for his new X app. "And soon we shall bid adieu to the twitter brand and, gradually, all the birds," Musk also tweeted. After Musk asked for suggestions, he continued to post prospective logos on his page, including retweeting the X.com logo Musk used for his online banking venture that was founded in 1999.

Persons: Elon Musk, Musk, adieu, He's, Tencent's Organizations: Morning, Twitter, Fidelity, Bloomberg, X Corp

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Persons: —, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, We're, you've Organizations: Business, American Express, Service, Chase, Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth, Shipping, American, Chase Sapphire Reserve Locations: Hulu

☆ Daniel Penny learned the chokehold that killed Jordan Neely in Marine boot camp. He likely didn't learn when to let go.
▼ + stars: | 2023-06-28 | by ( Laura Italiano | ) www.businessinsider.com time to read: +13 min

Daniel Penny learned the "rear choke" that killed Jordan Neely in boot camp, Marine veterans tell Insider. What Penny learned about chokeholds in his Marine training will be key at that trial, as a Manhattan judge or jury weighs whether Penny was negligent, or reckless, or neither. An illustration of a "figure-four variation" of a rear chokehold from the Marine Corps martial arts program training manual. The chokehold that killed Neely was "sloppy" and "excessive," said Alex Hollings, a former Marine black belt. We call this 'sinking your heels in,' and it provides added control and leverage for the choke," Hollings said.

Persons: Daniel Penny, Jordan Neely, —, Penny, Neely, Brendan McDermid Penny, Maxwell Wiley, chokeholds, Alex Hollings, Karen Friedman Agnifilo, Friedman Agnifilo, he'll, Thomas Kenniff, chokehold, Michael Jackson, Andrew Savulich, Dave Bruce, Bruce, They're, Hollings, Juan Albert Vazquez, Juan Alberto Vázquez, constricting, Jordan, Donte Mills, Lennon Edwards, Andrew Lichtenstein, Neely wasn't Organizations: Marine, Service, Manhattan, Marine Corps, US Marine Corps, Regal, New York Daily News, Tribune, Getty, Marines, Marine Corps Martial Arts Program, Reuters Locations: Manhattan, Square , New York, New, Farmington , Missouri, It's, Neely, Jordan

☆ FTX begins talks to relaunch international cryptocurrency exchange, Wall Street Journal reports
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +1 min

June 28 (Reuters) - Bankrupt FTX is moving ahead with efforts to revive its flagship international cryptocurrency exchange, the Wall Street Journal reported on Wednesday citing CEO John Ray. The company "has begun the process of soliciting interested parties to the reboot of the FTX.com exchange," Ray said, according to the Journal's report. The failed crypto company has been holding talks with investors about backing a potential restart of the FTX.com exchange through structures such as a joint venture, the report added citing people familiar with the discussions. In the days leading up to the failure, customers of Sam Bankman-Fried's crypto exchange withdrew billions of dollars, hobbling the firm's liquidity. A rescue deal with rival exchange Binance also fell through, precipitating crypto's highest-profile collapse in recent years.

Persons: John Ray, Ray, FTX, shivers, Sam Bankman, Binance, Bankman, Manya Saini, Krishna Chandra Organizations: Wall Street, U.S, Thomson Locations: United States, Bengaluru

☆ Fact Check-Talladega track did not hold Pride event, low-attendance claim is satirical
▼ + stars: | 2023-06-23 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

The photograph has been altered to add the Pride banner, and a Dunning-Kruger logo on a balloon-like structure behind the stands. Both Dunning-Kruger Times and Sportal X offer the disclaimer that their websites publish satirical content (dunning-kruger-times.com/29-2/) and (sportalix.com/about/). Reuters has previously fact-checked several claims made by Dunning-Kruger Times (here), (here) and (here). The Talladega Superspeedway did not host a Pride event that set a record for lowest attendance. The claim stems from a satirical website.

Persons: Dunning, Kruger, dunning, kruger, Read Organizations: Talladega, NASCAR, Indianapolis Motor, Kruger, Associated, Indianapolis Motor Speedway, Talladega Superspeedway, Kruger Times, Reuters Locations: Alabama, Indianapolis

Dorsey questioned the value of a Bahamian court ruling during a Thursday court hearing in Wilmington, Delaware, saying that he would retain authority over the $7 billion in assets recovered by the U.S. debtors no matter what the Bahamian court rules. "It doesn't go to FTX Digital until I say it goes to FTX Digital," Dorsey said. The sides offered very different descriptions of how important FTX Digital was to the crypto exchange's operations. A court ruling in their favor could place the Bahamian company, and not the U.S. debtors, in charge of collecting assets and deciding how to distribute them to FTX customers. The case is FTX Trading, U.S. Bankruptcy Court for the District of Delaware, No.

Persons: John Dorsey, Dorsey, Chris Shore, Sam Bankman, Bankman, Fried's, Andy Dietderich, Brian Glueckstein, James Bromley of Sullivan, Cromwell, Chris Shore of, FTX, Dietrich Knauth Organizations: U.S, FTX's U.S, FTX Digital, FTX, Bahamian, Bankruptcy, District of, Chris Shore of White, Thomson, & & $ Locations: Delaware, Bahamas, Wilmington , Delaware, U.S, Hong Kong, District of Delaware

☆ Fact Check-Photo shows special effects makeup, not result of lightning strike
▼ + stars: | 2023-06-07 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

An old photograph of special effects makeup showing bruising on a man’s back is being misinterpreted by some social media users as being caused by a lightning strike. Some comments on the posts suggest that users know the image shows special effects makeup, while others appear to believe it shows the effect of being struck by lightning. xD.”Photographs showing other special effects makeup on the Deviantart page (here) are also featured on the website irealmakeupfx, which was formerly called Gorka Aguirre (here). The studio told fact checker AFP (here) in May 2019 that the photograph showed special effects work and that it was being shared without permission. The photograph shows special effects makeup, not the result of being struck by lightning.

Persons: “ gorkafx, xD, Gorka Aguirre, Read Organizations: Reuters

☆ Website creator Wix.com Q1 profit beats estimates, raises 2023 outlook
▼ + stars: | 2023-05-17 | by ( ) www.reuters.com time to read: +1 min

JERUSALEM, May 17 (Reuters) - Wix.com (WIX.O), which helps small businesses build and operate websites, on Wednesday said it swung to a net profit in the first quarter, boosted by growth in subscription revenue. The Israeli company said it had earned 91 cents per share excluding one-time items, compared with a loss of 72 cents per share a year earlier. Wix was forecast to earn 14 cents excluding one-time items, on revenue of $369 million, according to Refinitiv I/B/E/S data. It projects second-quarter revenue of $380 million to $385 million for annual growth of as much as 12%. Citing an "outperformance in Q1," Wix raised its full year 2023 revenue estimate to $1.522 billion to $1.543 billion - growth of 10-11% - from $1.51 billion to $1.535 billion.

☆ Here are Thursday's biggest analyst calls: Apple, Western Alliance, Berkshire Hathaway, Wix & more
▼ + stars: | 2023-05-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

"We are initiating coverage of ZI with a BUY rating and a $30 target as a rare value investment within software. Citi upgrades Deutsche Bank to buy from neutral Citi said the global investment bank is at an "attractive entry point." " Deutsche Bank is one of the most de-rated banks YTD, yet the 1Q23 results demonstrated potential for further consensus earnings upgrades." Rosenblatt reiterates Apple as buy Rosenblatt said it's standing by its buy rating heading into earnings on Thursday after the bell. " CFRA reiterates Berkshire Hathaway as hold CFRA said it's standing by its "fairly valued" hold rating heading into Berkshire earnings on Saturday.

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Persons: —, you'd, you'll, you've, Read, Chase, I've, El Al, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Eric Rosenberg Organizations: Service, Chase, Target, Walmart, Sapphire, FDIC, Chase Sapphire, TSA, United, United Club, ℠, American Airlines, AAA, Express, American Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Global, Saks Fifth, Shipping, Mastercard Locations: Israel, New York, Miami, Hulu, Ventura , California

In the test mission, SpaceX’s Starship launched toward space atop a Super Heavy rocket booster. That could be the determining factor in how long it takes the company to get a new Starship on the launch pad. Such investigations are routine and have taken place after previous — but smaller-scale — Starship test launches in South Texas. Joe Skipper/ReutersSpaceX is not permitted to make another launch attempt of a Starship vehicle until that review is complete. NASAThe US space agency was not directly involved in the Starship flight test, but it has a major stake in Starship’s overall success.

☆ Elon Musk's potential plan for turning Twitter into a super app is an uphill battle. These are the 3 biggest things holding the strategy back, according to experts.
▼ + stars: | 2023-04-27 | by ( Paige Hagy | ) www.businessinsider.com time to read: +8 min

And while he's never publically detailed specific plans for a super app, recent changes at Twitter offer some clues. He first teased his intentions to transform Twitter into a super app called "X" prior to acquiring it in October 2022. It 'makes no sense' to build on TwitterFor starters, Twitter is a peculiar place to build a super app, some experts said. A super app in the US is difficultPerhaps a bigger issue not specific to Musk's plans for Twitter is whether a super app in the US is even possible. So if anyone can build a super app in the US, it would be him.

☆ Elon Musk's everything app could include Twitter. But industry experts can't make sense of the strategy.
▼ + stars: | 2023-04-26 | by ( Paige Hagy | ) www.businessinsider.com time to read: +8 min

Elon Musk wants to create a US super app, but industry experts have some concerns. And while he's never publically detailed specific plans for a super app, recent changes at Twitter offer some clues. He first teased his intentions to transform Twitter into a super app called "X" prior to acquiring it in October 2022. It 'makes no sense' to build on TwitterFor starters, Twitter is a peculiar place to build a super app, some experts said. A super app in the US is difficultPerhaps a bigger issue not specific to Musk's plans for Twitter is whether a super app in the US is even possible.

☆ Elon Musk edges closer to his 'everything app' dream as Twitter enables trading via eToro
▼ + stars: | 2023-04-13 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Twitter has partnered with brokerage firm eToro to give users more financial data. The collaboration is a step toward Musk's plans to create an "everything app." The new feature will begin appearing in the app on Thursday, eToro disclosed to CNBC. Twitter's new trading feature comes after Musk merged Twitter under the X Corp this week and filed for regulatory licenses that would facilitate in-app payments. Musk has plans to create a go-to app for a variety of services, and in October, he tweeted, "Buying Twitter is an accelerant to creating X, the everything app."

☆ Fact Check-Altered video does not show MMA fighter Fallon Fox fracturing opponent’s skull
▼ + stars: | 2023-04-11 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

A 2013 video of Mixed Martial Arts (MMA) fighter Fallon Fox has been shared with altered audio of her voice. The video shows an MMA fight between Fox and fighter Ericka Newsome on March 2, 2013. The clip, including the camera angle, fighter outfits and commentator’s narration, match the video shared online (7:01 timestamp). Some users online have also shared side by side photos of Fox and MMA fighter Kay Hansen to claim Fox broke Hansen’s skull (here), (here). Fallon Fox’s voice has been altered in a video on social media, and she did not fracture the opponent’s skull during the fight, Fox told Reuters.

☆ Elon Musk further teased his ambition to turn Twitter into an 'everything app' with a cryptic tweet a week after the company merged into X Corp
▼ + stars: | 2023-04-11 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Elon Musk simply tweeted "X" a week after Twitter Inc merged into his X Corp Holdings. Musk has said X will be an "everything app," and has applied for financial licenses for Twitter. "Buying Twitter is an accelerant to creating X, the everything app," the billionaire tweeted three weeks before his acquisition went through last October. The Twitter chief developed an affinity for the letter back in the 1990s, founding the company "X.com" which later became PayPal. That seems to include a payment service, as Twitter applied for regulatory licenses after his takeover, per the Financial Times.

☆ Key US bond yields drop to their lowest in 6 months as global banking worries boost bets the Fed is heading toward a rate cut
▼ + stars: | 2023-03-24 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Odds of a pause in rate hikes in May soared to 90% and investors are pricing in potential for a June rate cut. The 2-year yield dropped to 3.59% and sharp moves of 20 basis points have "become the norm," said one investment firm. The 2-year Treasury yield, which is highly sensitive to views on US monetary policy, sank 22 basis points to 3.598%, hitting levels not seen since mid-September. Bets that the Fed will pause rate hikes then turn to cutting rates this summer jumped Friday. It opted to raise rates by 25 basis points to signal its commitment to lowering inflation to its 2% target.

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