Elon Musk's X to Cover Legal Costs for Individuals 'Unjustly Affected' by Content on Platform
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Elon Musk's X to Cover Legal Costs for Individuals 'Unjustly Affected' by Content on Platform (Image Source: hindustantimes.com) |
In July, Elon Musk rebranded Twitter as "X," revealing a fresh logo alongside the announcement.
Elon Musk recently announced that his X social media platform is committed to supporting individuals who have faced unjust treatment from employers due to their posts or interactions on the platform, formerly referred to as Twitter.
Musk emphasized that X will take responsibility for covering the legal expenses incurred by these individuals, demonstrating his dedication to ensuring a fair and equitable online environment.
In the final weeks of the previous month, Musk announced a significant milestone for X, revealing that its monthly user base had surged to an unprecedented peak. He substantiated this claim by presenting a graph, vividly illustrating the current figure surpassing a staggering 540 million users. (AFP)
In a recent X platform announcement, Elon Musk vowed, 'If you've faced unjust treatment by your employer due to your posts or interactions, we'll cover your legal expenses.' Musk emphasized that there will be no restrictions on the funding provided.
Just towards the end of the previous month, Musk proudly revealed a significant milestone, stating that the monthly user base of X had achieved an all-time peak. He accompanied this announcement with a graphical representation depicting the latest count surpassing 540 million.
These revelations arrive amidst a period of organizational transitions for the company, driven by the necessity to revitalize declining advertising revenue.
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This declaration also stands as the most recent addition to a series of assertive statements by X executives, highlighting the robust momentum in user engagement. Interestingly, this comes shortly after the launch of a direct competitor platform called Threads by Meta Platforms on July 5th.
Completely Transformed
After a span of 17 years sporting a renowned azure avian emblem that came to epitomize the dissemination of concepts globally, magnate Musk rebranded Twitter to X and revealed a fresh insignia in July. This move signifies a dedicated emphasis on constructing a comprehensive "all-in-one application."
In July, Musk had noted that the platform's financial inflow continued to be in the red, citing a significant 50% decline in advertising earnings coupled with a substantial burden of debt. The anticipated resurgence in advertising revenue, initially projected for June, did not come to fruition.
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