Musk’s X to Fund Bills of Unfair Treatment due to Posts – Elon Musk announced that his X social media platform will cover the legal expenses of individuals who face unfair treatment by employers due to their posts or likes on the platform, formerly known as Twitter. This news came shortly after Musk’s recent rebranding and renaming of Twitter to X.
“If you were unfairly treated by your employer due to posting or liking something on this platform, we will fund your legal bill,” Musk said in a post on X, adding that there will be no limits to funding the bills. In the past month, Musk revealed that X’s monthly user count reached a “new high” of over 540 million, as shown in a graph he shared.
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These numbers come at a time when the company is undergoing organizational changes and striving to increase declining advertising revenue. In addition to being the latest in a series of comments from X executives about strong usage, this milestone came shortly after Meta Platforms launched Threads, a direct competitor.
After being associated with an iconic blue bird logo for 17 years, Twitter, now renamed X by billionaire Musk, revealed a new logo in July, signaling a shift towards creating an “everything app.” Musk previously mentioned in July that X’s financial situation remained challenging due to a significant drop in advertising revenue by almost 50% and a substantial debt burden. Despite expectations of an advertising revenue upturn in June, it didn’t materialize.
Since assuming control of Twitter in October of the previous year, Musk has envisioned transforming the platform into an app that offers various services, including peer-to-peer payments, taking inspiration from the immensely popular WeChat app in China. His vision reflects the ambition to create a multi-functional and versatile platform for X users.
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