Musk's rebrand of Twitter to X, is an attempt, in my opinion, to make Twitter less polarizing as Meta’s launch on Threads has severely affected Twitter’s market share in this space, notes Tyler Mount. He discusses what Twitter rebranding to X means for social media's future. He talks about how Musk is trying to create an everything app and compares X to Tencent's (TCHEY) WeChat. He talks about the role of Meta Platforms (META) threads in Twitter rebranding to X. X.com now reroutes to twitter.com. Tyler then goes over social media industry trends investors should be watching, highlighting Pinterest (PINS), Snap Inc. (SNAP), and META. He also highlights how Linda Yaccharino, the new Twitter CEO, has always been a fierce advocate for advertisers, and in my opinion, they are focusing on making the organization more palatable for advertisers. Tune in to find out more about the stock market today.
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