Elon Musk’s social media platform X (formerly Twitter) is making strides in developing in-app trading services, as revealed by a recent report published by Semafor. The report cites an internal company document and sources familiar with the matter. X is actively seeking a strategic partnership with a “financial-data giant” to establish an internal hub within the app, set to offer users access to “financial content, real-time stock data, and other features.”
Despite the initial buzz, Musk took to social media later that day to refute the rumors. Responding to a post quoting the media report, he stated that “no work is being done on this to the best of my knowledge.”
Looking ahead, Musk has envisioned a promising future for the social media app, drawing parallels to China’s WeChat, known for its messaging system, social media functions, and payment capabilities. In fact, he even speculated that X could potentially reach a user base of one billion, much like WeChat.
With these developments, X’s journey in the social media landscape is poised for exciting possibilities, capturing attention from investors, users, and industry enthusiasts alike.
X Allows Users to Download Videos
In a bid to enhance user experience, X is rolling out an exciting new feature that allows users to download videos directly from the platform. However, for content creators to make their videos downloadable, they must grant permission, and this feature is currently exclusive to verified users.
Elon Musk himself announced this addition recently, explaining that verified users can download content by tapping the ellipsis menu in the top-right corner of the screen while in full-screen mode. X is also actively working on streamlining the video download process for mobile devices.
On the flip side, non-paying users will need to rely on third-party tools for downloading videos from X.
Meanwhile, the social media giant is granting verified users the ability to post content with up to 25,000 characters and videos lasting up to three hours in duration.
Additionally, Blue subscribers now have the option to conceal their blue checkmark, should they prefer not to disclose their subscription status.
These developments showcase X’s commitment to innovation, providing users with enhanced features while catering to various preferences and needs within its diverse community.
