Hollywood

Elon Musk’s X plans To Launch News Distribution Service Named XWire

Elon Musk, the owner of X, and Linda Yaccarino, the CEO, recently spoke to the staff during an all-hands meeting. The pair allegedly discussed in the meeting the changes that the once-named Twitter platform has undergone in the last year as well as Musk’s goals for the business. Plans to start a news distribution service was one on the list.

The news distribution service, which may go by the name XWire, is rumoured to compete with current newswire and press release distribution platforms like Cision’s PR Newswire.

Indeed, Musk is placing a significant wager on X becoming a reliable news source. According to his statement from last week, X is a “open source news” platform that already offers content from legacy media that is relevant.

Last month, Musk motivated his followers to do citizen journalism on X. “Please encourage more citizen journalism! You can do live video easily from your phone. More on-the-ground reporting from regular citizens will change the world,” he posted.

While X intends to develop into a news-friendly platform and encourage journalists to publish original content, Instagram Threads, the platform’s direct rival, is shifting away from the news. Last month, Adam Mosseri, the platform’s CEO, declared that the company had no intention of “amplifying” news on its platform.

Also Read: BSF Jawan Commits Suicide By Own Service Gun In Chhattisgarh

Shivanshi Srivastava

Recent Posts

GeM Empowers Women-Led MSMEs & Startups, Says Minister Piyush Goyal

Piyush Goyal announced that over 1.85 lakh women-led MSMEs & more than 31,000 DPIIT-recognised startups…

7 mins ago

President Droupadi Murmu Presents 58th Jnanpith Award To Sanskrit Scholar Jagadguru Rambhadracharya

President Droupadi Murmu presented the 58th Jnanpith Award to Sanskrit scholar Jagadguru Rambhadracharya at a…

39 mins ago

AMU Vice Chancellor Under Fire Over Alleged Nepotism; Court Ruling Expected Today

The Aligarh Muslim University Vice Chancellor faces conflict of interest allegations for allegedly chairing a…

1 hour ago

All-Party Delegation To Travel Abroad With India’s Anti-Terror Message

A all-party delegation will visit key global capitals to convey India’s united stance against terrorism…

1 hour ago

Roston Chase Appointed West Indies Test Captain For New WTC Cycle

Cricket West Indies has appointed Roston Chase as the new Test captain ahead of the…

2 hours ago

Pakistan PM Confirms Indian Strike On Key Air Base During ‘Operation Sindoor’

In a stunning admission, Pakistan PM Shehbaz Sharif confirmed that India’s Operation Sindoor struck the…

3 hours ago