NEW YORK (AP) — X is teaming up with Visa to soon offer a system for real-time payments on the social media platform — signaling some progress in a yearslong vision from billionaire owner Elon Musk to create an “everything app.”
While that office may be ready to go to work, the FAA itself is not fully on the job. That’s because it’s without an administrator. Michael Whitaker, who had led the administration since Oct., 2023, stepped down earlier this month,
Musk once dreamed of making X the “biggest financial institution in the world,” taking the first step of launching a peer-to-peer payments competitor to PayPal’s Venmo, Block’s Cash App and bank-owned Zelle.
Musk didn't ban Pride content. The post quoted an article generated by artificial intelligence, and no credible news reports support the claim.
“In study after study, as well as our lived experiences, X has become a platform that promotes hate, antisemitism, and societal division. Under the leadership of Elon Musk, X has reduced content moderation, promoted white supremacists, and re-platformed purveyors of conspiracy theories.”
X’s deal with Visa, the largest U.S. credit card network, was announced by CEO Linda Yaccarino and will be dubbed X Money Account.
The social media company said it would start a peer-to-peer payments service, moving to expand the app’s abilities.
The tech billionaire and top Trump ally visited the General Services Administration, which appears to be a key part of his crusade to cut the cost of government buildings.
X has inked a partnership with Visa as the Elon Musk-owned social media platform seeks to become an “everything" app that offers peer-to-peer payments and other capabilities.
During Meta's Q4 2024 earnings call, Mark Zuckerberg took some time to heap praise on Elon Musk, a man he hoped to choke out in an MMA cage match not too long ago. Zuckerberg praised X's Community Notes system for fact-checking,
Wall Street banks, finally within striking distance of offloading debt tied to X, have a sweetener on offer for potential buyers: a claim on the social-media platform’s stake in Elon Musk’s artificial intelligence venture.