Twitter Inc. has recently ceased to exist as it merged with Elon Musk‘s X Corp. This information came to light through a court filing related to a lawsuit filed by right-wing provocateur Laura Loomer against Twitter. Despite the corporate restructuring, Twitter will not escape its numerous lawsuits, as liability transfers to the new company.
As Twitter continues to evolve under Musk’s leadership, a messy battle has erupted between Musk and subscription newsletter platform Substack. Substack recently announced a new Twitter-like product called “Notes,” which may have contributed to the tension between the two companies. Twitter started restricting tweets with Substack URLs, significantly limiting how many Substack writers can promote their work on the platform.
Musk accused Matt Taibbi, a writer given access to Twitter information, of being an employee of Substack, which is not true. He also claimed that Substack was attempting to download a massive portion of Twitter’s database to bootstrap their Twitter clone, a claim denied by Substack’s CEO.
Twitter’s Circle feature, which allows users to share content with selected users, has also experienced a bug, making private Circle tweets visible to random users on the platform. While Twitter Inc. no longer exists, the platform continues to face challenges as it merges with X Corp and navigates its ongoing conflict with Substack.
Elon Musk’s vision for X Corp is to create an “everything app” similar to China’s WeChat, encompassing social media, payment platforms, and video sharing. However, as the feud with Substack and the departure of influential users like Matt Taibbi unfold, Musk needs to tread carefully to avoid turning his ambitious project into a ghost town.
