Twitter CEO Musk says user signups at all-time high, touts features of "everything app" - Reuters.com

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Nov 27 (Reuters) - Twitter Inc Chief Executive Elon Musk says caller idiosyncratic signups to the societal media level are astatine an "all-time high", arsenic helium struggles with a wide exodus of advertisers and users fleeing to different platforms implicit concerns astir verification and hatred speech.

Signups were averaging implicit 2 cardinal per time successful the past 7 days arsenic of Nov. 16, up 66% compared to the aforesaid week successful 2021, Musk said successful a tweet precocious connected Saturday.

He besides said that idiosyncratic progressive minutes were astatine a grounds high, averaging astir 8 cardinal progressive minutes per time successful the past 7 days arsenic of Nov. 15, an summation of 30% successful examination to the aforesaid week past year.

Hate code impersonations decreased arsenic of Nov. 13 compared to October of past year.

Reported impersonations connected the level spiked earlier this month, earlier and successful aftermath of the Twitter Blue launch, according to Musk.

Musk, who besides runs rocket institution SpaceX, brain-chip startup Neuralink and tunneling steadfast the Boring Company, has said that buying Twitter would velocity up his ambition to make an "everything app" called X. work much

Musk's "Twitter 2.0 The Everything App" volition person features similar encrypted nonstop messages (DMs), longform tweets and payments, according to the tweet.

In different tweet aboriginal connected Sunday, Musk said helium sees a "path to Twitter exceeding a cardinal monthly users successful 12 to 18 months."

Advertisers connected Twitter, including large companies specified arsenic General Motors, Mondelez International, Volkswagen AG, person paused advertizing connected the platform, arsenic they grapple with the caller boss. work much

Musk has said that Twitter was experiencing a "massive driblet successful revenue" from the advertiser retreat, blaming a conjugation of civilian rights groups that has been pressing the platform's apical advertisers to instrumentality enactment if helium did not support contented moderation. work much

Activists are urging Twitter's advertisers to contented statements astir pulling their ads disconnected the societal media level aft Musk lifted the prohibition connected tweets by erstwhile U.S. president Donald Trump. work much

Hundreds of Twitter employees are believed to person discontinue the beleaguered company, pursuing an ultimatum by Musk that staffers motion up for "long hours astatine precocious intensity," oregon leave. work much

The institution earlier successful November laid disconnected fractional its workforce, with teams liable for communications, contented curation, quality rights and instrumentality learning morals being gutted, arsenic good arsenic immoderate merchandise and engineering teams.

Reporting by Juby Babu successful Bengaluru; Editing by Kim Coghill

Our Standards: The Thomson Reuters Trust Principles.

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