Elon Musk says his X social media platform will fund the authorized payments of people that have been handled unfairly by employers due to posting or liking one thing on the positioning previously often called Twitter.
“If you were unfairly treated by your employer due to posting or liking something on this platform, we will fund your legal bill,” Musk stated in a put up on X, including that there will likely be no limits to funding the payments.
The announcement comes after Musk final month renamed Twitter as X and unveiled a brand new brand, marking a give attention to constructing an “everything app”.
Late final month, Musk stated month-to-month customers of X reached a “new high” and shared a graph that confirmed the newest depend as over 540 million.
The figures got here as the corporate goes via organisational modifications and is trying to increase dropping promoting income.
It was additionally the newest in a sequence of feedback from X executives claiming sturdy traction in utilization, after Meta Platforms launched a direct competing platform known as Threads on July 5.
After 17 years with an iconic blue chicken brand that got here to symbolise the broadcasting of concepts to the world, billionaire Musk renamed Twitter as X and unveiled a brand new brand in July, marking a give attention to constructing an “everything app.”
Musk earlier in July had stated that the platform’s money movement stays detrimental due to an almost 50 per cent drop in promoting income and a heavy debt load. An upturn in promoting income that had been anticipated in June did not materialise.
Since taking on Twitter final October, Musk has stated he envisions an app that might provide a wide range of companies equivalent to peer-to-peer funds – an concept that mirrors the broadly common WeChat app in China.
Source: www.perthnow.com.au
