#Instagram is planning to release a text-based app that will compete with #Twitter.

https://www.livemint.com/companies/news/instagram-mulls-plan-to-release-text-based-app-to-compete-with-twitter-11684518135350.html

Former #Twitter CEO Elon Musk has announced that the microblogging platform will get picture-in-picture (PiP) mode next week.

https://www.livemint.com/technology/apps/elon-musk-announces-picture-in-picture-mode-along-with-15-sec-forward-and-back-buttons-for-twitter-11684666878490.html

#Twitter is facing another legal battle as its former public relations firm takes legal action against the social media platform for non-payment of invoices.

Read here: https://www.livemint.com/technology/tech-news/twitter-faces-lawsuit-over-unpaid-bills-by-former-pr-firm-joins-list-of-legal-challenges-heres-what-happened-11685330763737.html

#Twitter is now worth just one-third of what #ElonMusk paid for the social-media platform, according to Fidelity, which recently marked down the value of its equity stake in the company.

Musk has acknowledged he overpaid for Twitter, which he bought for $44 billion, including $33.5 billion in equity.

Read here: https://www.livemint.com/companies/news/twitter-is-now-worth-just-one-third-of-elon-musks-purchase-price-fidelity-report-11685504857472.html

‘Outright lie’ by #JackDorsey: Rajeev Chandrashekhar reacts to claim of India threatening to shut down #Twitter.

Here is his full statement

https://www.livemint.com/news/india/outright-lie-by-jack-dorsey-rajeev-chandrashekhar-reacts-to-claim-of-india-threatening-to-shut-down-twitter-11686626460027.html

The decision to launch #Threads comes in the midst of various controversies surrounding #Twitter, such as user limitations and issues with Bluesky, a competing platform founded by #JackDorsey.

https://www.livemint.com/news/meta-to-launch-a-new-twitter-competitor-threads-this-week-all-you-need-to-know-11688431623110.html

#ElonMusk stumped netizens once again with his move to limit the number of posts on microblogging site #Twitter which he now owns.

https://www.livemint.com/news/india/why-is-musk-angry-and-why-is-openai-being-sued-11688448802931.html

#Threads, the recently introduced microblogging app by #Meta, is the new platform that will enter the market as a direct rival to #Twitter.

https://www.livemint.com/technology/metas-threads-app-sparks-privacy-concerns-with-data-access-permissions-whats-the-buzz-11688531598228.html

#Meta's #Instagram on Wednesday officially launched #Threads, an app designed as a direct rival to #Twitter and most serious threat yet to #ElonMusk owned social-media site.

Read here: https://www.livemint.com/technology/apps/elon-musk-has-a-very-good-competitor-threads-users-say-as-meta-launches-twitter-rival-11688605539002.html

#Twitter has initiated a potential legal battle against #Meta, accusing the company of stealing trade secrets to develop its new microblogging site, #Threads. Legal experts say Twitter would face challenges in pursuing such a lawsuit.

Read here: https://www.livemint.com/technology/twitter-alleges-meta-platforms-stole-trade-secrets-for-threads-potential-legal-battle-looms-11688786303261.html

#Meta's new app #Threads has reached 100 million users in just 5 days since its launch, surpassing #ChatGPT as the fastest-growing consumer product.

The app aims to become a platform with 1 billion users. #Twitter's web traffic has decreased by 11% since Threads' launch.

Read here: https://www.livemint.com/technology/tech-news/twitterkiller-threads-goes-past-chatgpt-becomes-the-fastest-app-to-have-100-million-users-11689037467660.html

After billionaire #ElonMusk acquired #Twitter Inc in 2022, the microblogging site was hit with a lawsuit accusing it of refusing to pay at least $500 million in promised severance to thousands of employees who were sacked in the layoff drive.

https://www.livemint.com/companies/news/elon-musk-accused-of-not-paying-500-million-in-severance-ex-employees-sue-twitter-11689231419543.html

This isn't a prophecy of imminent doom for #Musk's $44 billion gamble. Much would have to go right for #Zuckerberg and wrong for his rival, for #Twitter to fade from the scene.

https://www.livemint.com/companies/news/heres-how-twitter-could-become-irrelevant-11689402456340.html

#ElonMusk, CEO of SpaceX, expressed his vision for #Twitter, stating, "Imagine this, but with an X" while sharing an image of the Twitter bird against a black and white marbled backdrop.

https://www.livemint.com/companies/news/x-twitter-elon-musk-future-unlimited-interactivity-twitter-makeover-twitter-ceo-linda-yaccarino-bird-logo-11690161274427.html

Twitter CEO Linda Yaccarino shared the new #Twitter logo via a post today. There has been much speculation around the rebranding of the Twitter logo from the Blue Bird to X.

Showcasing the new Twitter logo via a post, CEO Linda Yaccarino wrote, “X is here! Let’s do this."

Read here: https://www.livemint.com/technology/tech-news/new-twitter-logo-finalized-ceo-linda-yaccarino-says-let-s-do-this-11690178824593.html

#ElonMusk has rebranded the social media platform #Twitter with his signature "X".

The move which is seen as one of the larger overhauls by Elon Musk has received mixed reactions from the users of the platform.

https://www.livemint.com/technology/tech-news/twitter-rebranding-cops-interrupt-logo-change-process-in-san-francisco-heres-why-11690292544813.html

#Twitter has obtained money-transmitter licenses in four #US states and #Musk's vision includes integrating #banking and payments features into the platform.

https://www.livemint.com/technology/apps/elon-musks-ambitious-move-transforming-twitter-into-a-financial-services-powerhouse-11690348003859.html

Four former #Twitter executives, including former CEO #ParagAgarwal, have sued the company's current chief executive, #ElonMusk, for $128 million in unpaid severance payments.

Read here: https://www.read.ht/SJQz

After billionaire #ElonMusk bought #Twitter for $44 billion in 2022, he sent in loyalists, including ex-boring company exec Steve Davis & cousin James Musk, to “examine whether existing employees were value for money," according to a report.

Read here: https://www.read.ht/SbPW

Jack Dorsey’s new app Bitchat lets you message without internet 🌐

Built as a “weekend project”, it uses Bluetooth for peer-to-peer chats in low or no connectivity zones 📶📳

Here’s all you need to know! 👇
https://www.youtube.com/watch?v=unA8Nl_HZ9o