Billionaire Elon Musk has confirmed that X, formerly known as Twitter, has become the number-one news app on Apple's AppStore in India. Musk acquired X for a whopping $44 billion in October 2022. This news comes after user 'DogeDesigner' shared a post about X's success on the AppStore. Stay updated on the latest Business news, stock market updates, and financial tips through Zee Business's Twitter, Facebook, and YouTube channels.
X, Formerly Twitter, Surges to Become Apple's Top News App in India
In a recent announcement, billionaire Elon Musk confirmed that X, formerly known as Twitter, has emerged as the leading news app on Apple's AppStore in India. This milestone follows Musk's acquisition of X for a staggering $44 billion in October 2022.
Background:
Twitter, a social media platform founded in 2006, has long been a popular platform for news dissemination and sharing. However, in recent years, the company faced challenges in monetizing its platform and attracting new users.
Under Musk's ownership, X has undergone significant changes, including a new focus on subscription services, content moderation, and user experience. These changes appear to have resonated with users in India, a country with a rapidly growing internet user base and a high demand for news content.
Top 5 FAQs
1. How did X become the number-one news app in India?
2. What changes has Musk made to X since acquiring it?
3. What are the implications of X's success in India?
4. How has X's performance since Musk acquired it?
5. What is the future of news consumption on social media?
Conclusion:
X's rise to prominence as the top news app in India underscores the company's potential under Elon Musk's leadership. The platform's focus on user-generated content, local news, and new features has resonated with users in a rapidly growing market. As social media continues to evolve, X's performance will be closely watched as it navigates the complex landscape of news consumption in the digital age.
As India's Test coach, Gautam Gambhir faces a crucial test in the upcoming Border-Gavaskar Trophy series against Australia, as his position could be at risk if the team fails to perform well. There have been reports that the BCCI is considering making a change in the coaching position if India disappoints once again. Gambhir has recently faced criticism for Team India's poor performance in Tests against New Zealand and there have been discussions about potential replacements, including VVS Laxman. These issues were discussed in a 6-hour long meeting between Gambhir, Ajit Agarkar, and Rohit Sharma. However, the presence of disagreements between Gambhir and the team's think-tank raises concerns ahead of the crucial Test series.
With IBDF's current president, K Madhawan, departing after the merger of Disney Star and Viacom18, all eyes are on who will take his place. Industry experts are predicting JioStar, the powerhouse created by the merger of Disney Star and Reliance's media businesses, to be the obvious choice for leading the industry body. JioStar currently holds a dominant position in the industry and its representative taking over as IBDF president would not be a surprise.
Elon Musk's platform, formerly known as Twitter, surged in popularity on Apple's App store in India, claiming the top spots on both iPhone and iPad rankings. This growth occurred amidst heightened user engagement during the US presidential election, which Musk actively contributed to by posting updates and engaging with users. Despite controversies and policy shifts, Musk's vision for X as an "everything app" continues to attract a large user base, further supported by the introduction of premium features and a streamlined design.
In response to the high demand for holiday travel to Madagascar, Emirates has announced a fifth weekly flight on its Dubai – Antananarivo route. The additional frequency will run from December 13, 2024 to January 10, 2025 and will provide more capacity on the route, allowing for over 1,800 seats per week. This temporary increase in capacity, which will utilize Emirates' Boeing 777-300ER aircraft, will also boost connectivity to the Seychelles and other popular destinations in Emirates' network. With an ethnically diverse population, the increased capacity is expected to cater to the demand from travellers flying to countries such as Sri Lanka, France, and China.
The Institute of Banking Personnel Selection (IBPS) has declared the results for the Probationary Officer (PO) preliminary examination held on October 19 and 20, 2024. Candidates can now check their results and download the scorecard from the official IBPS website. Those who qualify for the prelims will appear for the mains exam on November 30, 2024, and the final merit list will be based on the marks obtained in both exams.
Zomato CEO Deepinder Goyal has reversed his decision to charge a Rs 20 lakh fee for the position of Chief of Staff after facing severe backlash on social media. In a recent update, he clarified that the fee was only a filter to find candidates who were passionate about a fast-track career. This is not the first time Goyal has backtracked on a controversial decision, as Zomato previously retracted a service for delivering only vegetarian food after public criticism.
Billionaire Gautam Adani's conglomerate, the Adani Group, is facing allegations of a $250 million bribery scheme involving solar energy contracts and Indian officials. This comes just after the group's recovery from accusations of stock manipulation and fraud by Hindenburg Research. The controversy surrounds a deal announced in June 2020, where Adani Green Energy Limited (AGEL) won a $6 billion "manufacturing-linked solar agreement" from the Solar Energy Corporation of India (SECI), expected to generate over $2 billion in profits and reduce carbon emissions. The company has emphasized the investment's alignment with India's Atma Nirbhar Bharat Abhiyan and climate commitments.
Spright Agro, a leading player in the sector, has announced the launch of an expert investment program on Whatsapp to provide valuable and timely advice to industry players. This program aims to assist individuals and organizations in making wise investments and staying updated on the latest market trends. By partnering with Spright Agro for investment advice, players can stay ahead of the competition and achieve financial success in the sector.
On Sunday, KLE Society Chairman Prabhakar Kore inaugurated the Kore Prabhakar Sahukar Co-operative Credit Society at Ankali near Chikkodi in Belagavi district. During the event, Jagadguru Channasiddarama Panditaradhya Swamiji of Yadur and Srishaila Peetha urged leaders of cooperative societies to provide selfless service to society for the benefit of the economically and socially backward, farmers, and the poor. Other prominent figures, such as Rani Channamma Urban Bank chairperson Asha Kore and CB Kore Co-operative Sugar Factory president Mallikarjuna Kore, were also present at the event.