Twitter Inc. Updates Its Corporate Name in Its Terms Of Service

Twitter Inc. Updates Its Corporate Name in Its Terms Of Service

Twitter Inc. is now called X Corp. as per court filing in California and the company has now updated its corporate name in the terms of service to reflect this new development.

“We’re updating our corporate name in our Terms of Service and Privacy Policy,” said the company

The merger was first disclosed in court documents by the social media site’s lawyers in an ongoing lawsuit against the company and its former chief executive, Jack Dorsey filed by far-right activist Laura Loomer.

“Twitter, Inc. has been merged into X Corp. and no longer exists,” the document revealed.

“X Corp. is a privately held corporation. Its parent corporation is X Holdings Corp. No publicly traded corporation owns 10% or more of the stock of X Corp. or X Holdings Corp.”

This development follows Elon Musk’s past suggestion that buying Twitter would be an “accelerant” for creating X — which he called an “everything app.” This proposed app is likely going to be like China’s WeChat, which the billionaire has previously applauded for its convenience and utility.

“And, you know, if I think of, like, WeChat in China, which is actually a great, great app, but there’s no WeChat movement outside of China. And I think that there’s a real opportunity to create that. You basically live on WeChat in China because it’s so useful and so helpful to your daily life. And I think if we could achieve that, or even close to that with Twitter, it would be an immense success.” The billionaire said in his first town hall with Twitter staff in June like year.

However, Musk’s grand plan seems far off given the current state of his Twitter 2.0. which has seen the CEO firing the whole developer platform team and shutting down almost all free access to the Twitter API yet continuing to hint at building a super app.

The new name also links back to X.com, a domain Musk owned in 1999 and bought back in 2017.

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