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X, formerly and colloquially known as Twitter, is a social media website based in the United States. With over 500 million users, it is one of the world's largest social networks. Users can share and post text messages, images, and videos known historically as "tweets". X also includes direct messaging, video and audio calling, bookmarks, lists and communities, and Spaces, a social audio feature. Users can vote on context added by approved users using the Community Notes feature. Although the service is now called X, the primary domain name 'twitter.com' remains in place as of February 2024, with the 'x.com' URL redirecting to that address.
The service is owned by the American company X Corp., the successor of Twitter, Inc. Twitter was created in March 2006 by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams. It was launched in July of that year. Twitter, Inc., was based in San Francisco, California, and had more than 25 offices around the world. A signature characteristic of the service was that message posts were required to be brief (originally 140 characters, later expanded to 280 in 2017). By 2012, more than 100 million users produced 340 million tweets per day. By the start of 2019, Twitter had more than 330 million monthly active users. The majority of tweets is produced by a minority of users. In 2020, it was estimated that approximately 48 million accounts (15% of all accounts) were not genuine people. As of February 2024, X is the sixth most-visited website in the world.In October 2022, billionaire Elon Musk acquired Twitter for US$44 billion, gaining control of the platform and becoming the chief executive officer (CEO). Since the acquisition, the platform has been criticized for increasing the spread of disinformation, hate speech, antisemitism, homophobia, and transphobia and child pornography. Linda Yaccarino succeeded Musk as CEO on June 5, 2023, with Musk remaining as the chairman and the chief technology officer. In July 2023, Musk announced that Twitter would be rebranded to X and that the bird logo would be retired. In October 2023, the company estimated its value at about $19 billion, down about 55 percent from the purchase price one year earlier. Fidelity at about the same time estimated the value to be down 65 percent from its purchase price. In December 2023, Fidelity further estimated the value to be down 71.5 percent from its purchase price.
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The service is owned by the American company X Corp., the successor of Twitter, Inc. Twitter was created in March 2006 by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams. It was launched in July of that year. Twitter, Inc., was based in San Francisco, California, and had more than 25 offices around the world. A signature characteristic of the service was that message posts were required to be brief (originally 140 characters, later expanded to 280 in 2017). By 2012, more than 100 million users produced 340 million tweets per day. By the start of 2019, Twitter had more than 330 million monthly active users. The majority of tweets is produced by a minority of users. In 2020, it was estimated that approximately 48 million accounts (15% of all accounts) were not genuine people. As of February 2024, X is the sixth most-visited website in the world.In October 2022, billionaire Elon Musk acquired Twitter for US$44 billion, gaining control of the platform and becoming the chief executive officer (CEO). Since the acquisition, the platform has been criticized for increasing the spread of disinformation, hate speech, antisemitism, homophobia, and transphobia and child pornography. Linda Yaccarino succeeded Musk as CEO on June 5, 2023, with Musk remaining as the chairman and the chief technology officer. In July 2023, Musk announced that Twitter would be rebranded to X and that the bird logo would be retired. In October 2023, the company estimated its value at about $19 billion, down about 55 percent from the purchase price one year earlier. Fidelity at about the same time estimated the value to be down 65 percent from its purchase price. In December 2023, Fidelity further estimated the value to be down 71.5 percent from its purchase price.
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