Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Signal's President Skeptical Of Elon Musk's 'Super App' Ambitions With X

Author: Benzinga Neuro | September 05, 2023 03:29am

The idea that Elon Musk could transform X, formerly known as Twitter, into a ‘super app’ has been met with skepticism by Signal‘s President, Meredith Whittaker, Business Insider reported.

Whittaker, a former Google executive and co-founder of AI Now, doubts the feasibility of Twitter evolving into a platform similar to WeChat, China’s leading messaging app.

Whittaker, who became president of Signal last year, believes the era for such all-encompassing platforms has passed.

“People have been talking about it for years, and we still don’t have a super app,” she told Swiss magazine Schweizer Monat.

See Also: EXCLUSIVE: Cathie Wood Credits AI For Tesla FSD Losing Its Training Wheels

While ‘super apps’ like WeChat, Line and Kakao thrive in Asia, they emerged at a time when there was minimal competition and significant government integration. Whittaker doesn’t see a similar scenario playing out in the U.S..

Despite Whittaker’s skepticism, Musk, who acquired Twitter last year, remains undeterred in his quest to transform it into an ‘everything app’.

Other major tech companies, including Meta Platforms Inc. (NASDAQ:FB) and Uber Technologies Inc. (NYSE:UBER), have also been diversifying their offerings to resemble ‘super apps’.

Read Next: Looking to be a part of the next big thing? Explore the opportunities to invest in early-stage startups and seize the potential for exponential growth. Click here for a list of startups you can invest in today.

Image by Leefuji on Shutterstock


Engineered by Benzinga Neuro, Edited by Pooja Rajkumari


The GPT-4 Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Posted In: FB GOOGL UBER

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist