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Musk intends to transform Twitter into dating app and bank

Musk intends to transform Twitter into dating app and bank Illustrative photo (Getty Images)
Author: Maria Kholina

Elon Musk intends to turn Twitter into a dating service and a digital bank, according to Business Insider.

Thus, the billionaire company intends to introduce more paid features to the social network, which will expand the number of subscription rates.

On Thursday, October 26, a meeting was held in the format of a video conference with the participation of Musk and the company's CEO Linda Yaccarino. During the meeting, the businessman said that Twitter would become a full-fledged dating website and a digital bank in 2024.

Musk has not yet disclosed the details of his transformation plan, but commented on the integration of the dating service, emphasizing that its availability will depend on the demand of the app's users.

According to the media, Musk is also working on creating a news service called XWire, which could compete with Cision's PR Newswire.

Twitter innovations

Recently, the social network has introduced many innovations. For example, Twitter decided to remove the ability to block users. It is not yet known when exactly this will happen.

At the same time, Twitter will allow users to hide their likes, but the function will be available to paid users only.

In addition, Twitter has introduced audio and video calls. However, the service is currently available only to some users. In addition, a switch has been added to the application settings to allow audio and video calls and select who the user wants to communicate with.