Twitter Tech – 9 hours ago

Jakarta, CNBC Indonesia – Elon Musk’s obsession with turning X (formerly Twitter) into ‘superapps’, he is slowly making it happen. Recently, Musk announced that he was testing phone and video calling features on the X.

Most recently, the billionaire also has the ambition to make X a financial service (fintech).

According to leaked audio notes collected The VergeMusk wants X to not only be able to carry out simple transactions such as money transfers.


More than that, Musk wants That way, X will replace the role of traditional banks.

“When I proposed payment, I meant accommodating all users’ financial needs,” Musk said in the audio notes, quoted from Android Headlines, Wednesday (1/11/2023).

X’s transition into financial services seems to continue Musk’s dream that was built when he was still running

The owner of X’s plans are quite ambitious, because X is currently known as a social media platform. However, experts see this transition as very possible.

In China, WeChat, which previously acted as a short message service, has finally turned into a superapp that serves social media and accommodates online payments.

X CEO Linda Yaccarino is also optimistic about this transformation. According to him, there is huge business potential if X switches to financial services. Moreover, X’s current business performance is not very ‘hot’.

Since being acquired by Musk, Twitter’s value has fallen by almost 66 percent. It should be noted that X still has big homework to do to get a license from the local authority.

“We want money on

[Gambas:Video CNBC]

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Originally posted 2023-11-02 13:40:00.