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Twitter has ceased to be an unbiased firm after merging with a newly fashioned shell agency known as X Corp., driving hypothesis about what Elon Musk intends for the social media platform.
Twitter “not exists” after being merged with X Corp., in line with an April 4 doc submitted in a California courtroom for a lawsuit filed towards the corporate and its former chief govt officer, Jack Dorsey, final yr by conservative activist Laura Loomer.
It’s unclear what the change means for Twitter, which has seen a sweeping overhaul since Musk purchased the corporate for $44 billion final yr. The billionaire proprietor has prior to now recommended that purchasing Twitter can be an “accelerant” for creating X — which he dubbed an “the whole lot app.” Musk tweeted in regards to the transfer Tuesday with the only character “X.”
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