Credits By: Marca.com
The billionaire owner of a popular social media platform made a promising announcement in a post. He stated that the platform would go live worldwide the following day if an impressive “X” logo were shared on the site that night.
True to his word, Musk later posted an image of a flickering “X” and confirmed in a Twitter Spaces audio chat that the Twitter logo would indeed change. He expressed his belief that this change should have been implemented much earlier.
During Musk’s eventful tenure since acquiring Twitter in October, the company underwent several transformations, including changing its business name to X Corp. This change aligned with Musk’s ambitious goal of creating a “super app” similar to China’s WeChat.
Despite this significant announcement, the company refrained from responding immediately to requests for comment.
Twitter’s blue bird logo is considered its most recognizable asset, and the company takes great care to protect it. However, in April, the bird was temporarily replaced by Dogecoin’s Shiba Inu dog, contributing to a surge in the meme coin’s market value.
Recently, Twitter has faced criticism from users and marketing professionals due to Musk’s announcement of limiting the number of tweets various accounts can read daily. This move inadvertently helped the growth of Threads, a rival service owned by Meta, which attracted over 100 million sign-ups within five days of its launch.
Adding to the company’s challenges, a lawsuit was filed on Tuesday, claiming that Twitter owes at least $500 million in severance pay to former employees. Since Musk’s acquisition, the company has downsized significantly, laying off over half its workforce to reduce costs.