{"id":25506,"date":"2023-04-13T17:33:56","date_gmt":"2023-04-13T17:33:56","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/?p=25506"},"modified":"2023-04-14T06:32:14","modified_gmt":"2023-04-14T06:32:14","slug":"twitter-loses-its-name-in-a-new-merger","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/twitter-loses-its-name-in-a-new-merger","title":{"rendered":"Twitter Loses Its Name in a New Merger"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>Twitter has ceased to be an independent company after merging with a newly formed shell firm called X Corp, driving speculation about what Elon Musk intends for the social media platform.<\/b><\/p>\n

Twitter \u201cno longer exists\u201d after being merged with X Corp, according to a 4 April document submitted in a California court for a lawsuit filed against the company and its former CEO, Jack Dorsey, last year by conservative activist Laura Loomer.<\/p>\n

It\u2019s unclear what the change means for Twitter, which has seen a sweeping overhaul since Musk bought the company for US$44-billion last year. The billionaire owner has in the past suggested that buying Twitter would be an \u201caccelerant\u201d for creating X \u2014 which he dubbed an \u201ceverything app\u201d. Musk tweeted about the move on Tuesday with the single character \u201cX\u201d.<\/p>\n

The world\u2019s second richest man has professed his desire to make X similar to China\u2019s WeChat, a super app owned by Tencent Holdings used for everything from payments and booking event tickets to messaging. But he\u2019s been vague about how it will fit in with his sprawling business empire, ranging from the electric car giant Tesla to SpaceX. Musk also owns the domain X.com \u2014 the name of the online payments company he started and eventually merged with PayPal.<\/p>\n

Musk first set up a trio of holding companies in Delaware with a variation of the name \u201cX Holdings\u201d in April last year as part of his takeover bid for Twitter. But X Corp was set up on 9 March in Nevada with its merger with Twitter submitted on 15 March, according to records filed in the state. Musk is president of the firm and its parent, X Holdings, which was also set up last month and has an authorised capital of $2-million, filings show.<\/p>\n

Twitter, which no longer has a team handling media queries, did not immediately comment. Lawyers for the law firm representing Twitter in the case, Willkie Farr & Gallagher, also did not immediately respond to a request for comment.<\/p>\n

The move sparked intense speculation on Twitter about what it meant, with Musk\u2019s tweet attracting more than 13 million views within hours. In Japan, the topic \u201cTwitter Gone\u201d started trending, with users joking that Twitter\u2019s new name will resemble that of a local rock band, X Japan.<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. Twitter has ceased to be an independent company after merging with a newly formed shell firm called X Corp, driving speculation about what Elon Musk intends for the social media platform. Twitter \u201cno longer exists\u201d after being merged with X Corp, according to a 4 April document submitted in a California court […]<\/p>\n","protected":false},"author":84,"featured_media":25505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,237,234],"class_list":["post-25506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\nTwitter Loses Its Name in a New Merger - Botswana<\/title>\n<meta name=\"description\" content=\"Twitter has ceased to be an independent company after merging with a newly formed shell firm called X Corp, driving s ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/twitter-loses-its-name-in-a-new-merger\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Twitter Loses Its Name in a New Merger\" \/>\n<meta property=\"og:description\" content=\"Twitter has ceased to be an independent company after merging with a newly formed shell firm called X Corp, driving s ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/twitter-loses-its-name-in-a-new-merger\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-13T17:33:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-14T06:32:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/04\/postQueueImg_1681379812.80.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"546\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/twitter-loses-its-name-in-a-new-merger#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/twitter-loses-its-name-in-a-new-merger\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Twitter Loses Its Name in a New Merger\",\"datePublished\":\"2023-04-13T17:33:56+00:00\",\"dateModified\":\"2023-04-14T06:32:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/twitter-loses-its-name-in-a-new-merger\"},\"wordCount\":403,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/twitter-loses-its-name-in-a-new-merger#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/04\/postQueueImg_1681379812.80.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/twitter-loses-its-name-in-a-new-merger#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/twitter-loses-its-name-in-a-new-merger\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/twitter-loses-its-name-in-a-new-merger\",\"name\":\"Twitter Loses Its Name in a New Merger - 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