9/24/2023 0 Comments Elon musk paypal operating system![]() ![]() On several occasions, the haste in which he pushed these through has caused more integral elements of the platform to break. So far, the changes that Musk has ordered to Twitter have been largely cosmetic, but even these haven’t been easy. “Can he roll out new features with Twitter’s reduced staff? My guess is that he can’t.” But she doesn’t think this will count for much nearly a quarter of a century later. Ingle points out that Musk does have payments experience in the shape of his former company X.com, which merged to form PayPal in 2000. ![]() “It’s a big challenge technically,” says Melissa Ingle, who was a senior data scientist at Twitter from September 2021 through to November 2022, when she lost her job in the mass layoffs that reduced the company from about 8,000 employees to fewer than 1,000 today. But what would a payments-enabled Twitter look like? And crucially, can Musk make it happen in any case? Is the plan achievable, given Twitter’s resources? Musk’s reported aim is to earn revenues of about $1.3bn (£1.1bn) from payments by 2028. Payments look set to be the foundation of his plans to monetise content creation too, as Twitter tries to compete with the likes of YouTube and Instagram, where it’s more common for users to tip creators they follow. The intention is to make users feel more comfortable parting with their money and to start an ecommerce revolution on the site. Musk may soon be handing over the role of CEO to Linda Yaccarino, but he is set to continue working on product development at Twitter, where one of his top priorities is likely to be enabling the platform to broker and handle payments. Twitter, he declared, would become an “accelerant” for building “X, the everything app” – in much the same vein as WeChat, the Chinese messaging, mobile payments and social media platform. That involved turning it into far more than a mere social network. ![]() As soon as he took over Twitter in October 2022, Elon Musk announced that he had big plans for the platform. ![]()
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