It has been one year since Elon Musk bought X (formerly Twitter) for a whopping $44 billion. And since then, the micro-blogging platform has undergone a plethora of changes—both big and small—to overhaul the overall experience. Be it the removal of the legacy checkmarks in favour of X Premium (formerly Twitter Blue), which allows you to purchase a blue checkmark for money, or the more recent rebranding to being ‘X’—the “everything” app with features like video and audio calling.
Now, the platform, under the leadership of CEO Linda Yaccarino and Elon Musk, could be on the verge of bringing news publishing to the platform. Notably, this has been one of Elon Musk’s top priorities ever since he bought the platform in October last year, and now, the plan could take shape.
According to a report by Bloomberg, X’s new wire service is to be called XWire, and it will directly compete with PR and news wire services like Cision PR Newswire. The same was revealed during X’s all-hands meeting internally, which both Musk and Yaccarino attended.
With that said, Musk himself is a big advocate of ‘citizen journalism’ and is a skeptic when it comes to the mainstream media and the ‘media elite.’ “As Twitter pursues the goal of elevating citizen journalism, the media elite will try everything to stop that from happening,” Musk had said in November 2022, a few days after acquiring X.
And more recently, Musk posted another message on X, and said, “Citizen journalism is the path to a better future! I strongly encourage people around the world to post news about events as they’re happening, in both text & video.”
It remains to be seen what direction X takes with this move, and when it will be released.
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