October 4, 2023 12:28 pm

Musk reveals Twitter logo modification in RT World News

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Twitter CEO Elon Musk has announced that the platform’s iconic logo may soon be discarded in favor of one that reflects the new X Corp brand. In a tweet on Sunday, Musk stated, “And soon we shall bid adieu to the twitter brand and, gradually, all the birds.” He added that if a suitable X logo is posted that night, it would be implemented worldwide the next day.

During an audio chat on Twitter Spaces, Musk confirmed the plan, emphasizing that the logo change should have been implemented long ago. However, it remains unclear whether Musk has a specific design in mind for the X Corp logo or if he expects Twitter users to contribute their ideas. As of Sunday afternoon, thousands of users had offered potential logos, many incorporating the Twitter bird in some way. However, some questioned the wisdom of the move, as Twitter’s website acknowledges that its logo is “our most recognizable asset.”

The merger between Twitter and Musk’s X Corp took place in April, resulting in the dissolution of Twitter as a company on paper. Nevertheless, Musk continued to use the Twitter name and bird logo. The billionaire has previously stated that he acquired Twitter with the intention of transforming it into an “everything app” similar to China’s WeChat within three to five years. The X Corp platform would offer various services including banking, shopping, texting and calling, travel booking, and stock trading.

Despite Musk’s ambitious plans, he has faced challenges in convincing Twitter users to pay for the platform’s existing perks. As of April, fewer than 200,000 people had signed up for Twitter Blue subscriptions. In an attempt to entice more users, Musk recently announced that Twitter Blue users could receive a share of the ad revenue from their posts. The first round of checks was distributed earlier this month, with notable users such as Brian Krassenstein reportedly earning close to $25,000.

However, Twitter has been experiencing a decline in user engagement. The recent announcement that free users would be restricted to viewing 1,000 tweets per day has been viewed by many as an effort to push users towards Twitter Blue. Consequently, an increasing number of users have been leaving the platform. In response to this trend, Facebook’s parent company, Meta, launched its own Twitter competitor called Threads, which promises stricter content moderation rules. Although nearly 50 million people have signed up for Threads, half of them have not returned, according to a study by data tracker SimilarWeb.

In addition to grappling with user retention issues, Musk has also addressed legal challenges. He has threatened to sue Meta for allegedly using Twitter’s trade secrets, intellectual property, and former employees to develop a copycat “Twitter-killer” platform. The battle between these tech giants intensifies as they compete for user attention and dominance in the social media landscape.

In conclusion, Twitter may soon bid farewell to its iconic logo, with Elon Musk announcing plans for a new logo that reflects the X Corp brand. The merger between Twitter and X Corp in April signaled the platform’s transformation into an all-encompassing app for various services. However, Twitter has struggled to retain users and generate revenue, leading Musk to explore new strategies such as revenue sharing for Twitter Blue users. Meanwhile, Meta’s launch of its own Twitter competitor, Threads, has introduced further competition in the social media industry. As the battle unfolds, the future of Twitter and its brand identity hang in the balance.

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Original Source: Musk reveals Twitter logo modification in RT World News

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