Social Media Platforms

Twitter, the social media platform now known as X, is valued less than Elon Musk’s original purchase price of $44 billion. However, one of the key backers of the deal continues to raise X's value. What Happened: Musk funded a portion of the Twtitter acquisition by selling a portion of his...

X (formerly Twitter) is bringing back political ads and expanding its team ahead of the 2024 presidential election.  What To Know: In a new blog post from the X Safety team, the social platform company said it's looking to add people to its safety and elections team ahead of the...

Former President Donald Trump tweeted over 59,000 times from his official Twitter account prior to getting banned in early 2021. Now, he's back on the platform, which has been rebranded as X. His first post featured what will perhaps be known as one of the most recognizable images in history....

Billionaire Elon Musk completed a $44 billion buyout of social media platform Twitter in 2022, a move that was done to help him get closer to creating an everything app. If Musk should choose to take Twitter public again in the future, he may be closer to securing his likely preferred stock ticker...

Many changes have been made to social media platform Twitter since Elon Musk acquired the company for $44 billion in 2022. Recently, Twitter, now rebranded as X, has been offloading various items from its main office. Here’s a look at what’s up for sale and how you can snag a piece of...

Billionaire Elon Musk acquired social media platform Twitter, which he has since rebranded to X, for $44 billion in 2022. With the acquisition, Musk now controls the platform and has the power to make changes and, in some cases, snatch away usernames that people have been using for decades. What...

One of the biggest headlines of 2022 was the acquisition of the social media platform Twitter for $44 billion by Elon Musk. Since the acquisition, the valuation of Twitter has been cut by several investors. One of those investors has raised the valuation of the platform for two straight months....

Mark Hamill, best known for his role as Luke Skywalker in the Star Wars movie franchise, is not only increasing his involvement in aid initiatives for the Ukrainian wartime crisis, but he's now also fighting a new battle on social media. After decades of confronting Darth Vader and the evil...

Analysts are sizing up the second quarter financial results reported by Meta Platforms (NASDAQ: META) after market close Wednesday, including the impact of artificial intelligence initiatives and the recent launch of Threads. The Meta Platforms Analysts: Morgan Stanley analyst Brian Nowak has an...

The rebranding of Twitter to X has been met with mixed reactions from users of the platform and analysts. The new name for the Elon Musk-owned company and its X logo could also face challenges in the future due to several trademarks held by other companies. In a look at what lies ahead, a...

Technology company Meta Platforms (NASDAQ: META) reported second-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Meta Platforms reported second quarter revenue of $32 billion, which was up 11% year-over-year. The revenue total came...

Analysts are sizing up the long-term opportunity for Snap Inc (NYSE: SNAP) and whether the company can compete with other social media platforms after the company reported second-quarter financial results Tuesday.  The Snap Analysts: Benchmark analyst Mark Zgutowicz has a Hold rating...

Social media platform company Meta Platforms (NASDAQ: META) is set to report second-quarter financial results after market close Wednesday. Here’s a look at the earnings estimates, what analysts are saying, and key points to watch. Earnings Estimates: Analysts expect Meta Platforms to report...

Social media company Snap Inc (NYSE: SNAP) reported second-quarter financial results after market close Tuesday. Here are the key highlights. What Happened: Snap reported second-quarter revenue of $1.07 billion, which was down 4% year-over-year. The revenue total came in ahead of a Street consensus...

In its first seven hours, the social media app Threads from Meta Platforms (NASDAQ: META) passed 10 million users. As the platform grows, more users are asking questions about the goals of Threads and how it compares and competes with Elon Musk's Twitter. What Happened: Adam Mosseri, the head...