X Social Media Scouts for Financial-Data Partners

X platform, formerly known as Twitter, is reportedly
searching for a financial data partner to create a trading hub within the social
media platform. X has reportedly sent requests for bids for the proposed
project. According to a report by
the media publication Semafor, the requests were sent in recent weeks.

Thus, the social media
giant is rumored to be looking for big companies to provide financial content,
real-time stock data, among other services. In the proposal, the Elon
Musk-owned company reportedly asked interested bidders to state how much money they
could invest in the project.

Additionally, the social media giant is luring potential bidders, saying that the platform offers access to ‘hundreds of
millions of qualified users’.

However, it remains
unclear which companies have submitted proposals to partner with the X platform. When asked for comments about the project, Musk responded that “no work is being done on this to the best of my knowledge.”
Musk acquired Twitter for USD $44 billion last year and turned the company into
a private entity.

‘Super App’
Plans

Last month, Musk rebranded
the platform, changing the
iconic blue bird logo to an ‘X’ symbol. The changes are part of the
billionaire’s vision to make the platform an ‘everything app’ offering a
variety of services. Musk reportedly envisions X to rival social media
platforms such as WeChat in China in offering consumer services like payments
Payments

One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl

One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl
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ride-hailing, or investments, under one app.