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Why Musk wants Twitter X to be like WeChat

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Elon Musk made a significant move earlier this week by rebranding Twitter as “X,” a strategic step towards transforming the social media platform into an all-encompassing super-app.

Musk is drawing inspiration from the immensely popular Chinese mega app, WeChat. Musk acquired Twitter for a staggering $44 billion last year and has since expressed his ambition to expand the platform into something much larger.

WeChat, launched in 2011 by Chinese tech giant Tencent, has become an integral part of China’s digital landscape, with nearly all of its 1.4 billion people using it.

WeChat is far more than just a messaging app; it can be best described as a “super-app” as it offers a diverse array of services, including messaging, voice and video calling, social media, food delivery, mobile payments, gaming, news, and even dating.

Ultimate connectivity

The app seamlessly combines the functionalities of WhatsApp, Facebook, Apple Pay, Uber, Amazon, Tinder, and much more, making it indispensable in the daily lives of Chinese citizens.

Mr. Musk has expressed admiration for WeChat’s comprehensive approach and aspires to achieve similar success by expanding Twitter’s capabilities.

In his recent post on “X,” Musk outlined plans to integrate comprehensive communication features and enable users to manage their entire financial world through the platform. This move is expected to boost revenue for Twitter, which has experienced a significant drop in advertising revenue since Musk’s acquisition, leaving the company burdened with substantial debt.

The transformation of Twitter into “X” aims to emulate WeChat’s seamless integration of various services, creating a one-stop destination for users’ communication and financial needs.

By offering a wide range of features, X aims to become an indispensable part of users’ lives, much like WeChat has become in China. The ultimate goal for Musk is to replicate WeChat’s immense popularity and intertwine “X” into the fabric of society, making it an indispensable and ubiquitous platform for people around the world.

 

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Helicopter carrying Iran’s President Raisi crashes

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A helicopter carrying Iranian President Ebrahim Raisi and his foreign minister crashed on Sunday as it was crossing mountain terrain in heavy fog.

The official said the lives of Raisi and Foreign Minister Hossein Amirabdollahian were “at risk following the helicopter crash”, which happened on the way back from a visit to the border with Azerbaijan in Iran’s northwest.

“We are still hopeful but information coming from the crash site is very concerning,” the official told Reuters, speaking on condition of anonymity.

A helicopter carrying President Ebrahim Raisi takes off, May 19, 2024. Ali Hamed Haghdoust/IRNA/WANA via REUTERS

State TV quoted an official as saying at least one passenger and one crew member had been in contact with rescuers. It also said the helicopter had been found, though Iran’s Red Crescent denied this report.

Iranian Supreme Leader Ayatollah Ali Khamenei, who holds ultimate power with a final say on foreign policy and Iran’s nuclear programme, sought to reassure Iranians, saying there would be no disruption to state affairs. #iran #trending

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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