PYMNTS-MonitorEdge-May-2024

super app

Super App Companies Scale Back Plans Amid Funding Drought
Super App Companies Scale Back Plans Amid Funding Drought
July 18, 2023  |  Investments

While consumers are excited about super apps, some investors apparently aren’t as sure. As the Financial Times (FT) noted in a report Tuesday (July 18),...

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Millennials Say Yes to Super Apps, Baby Boomers Not So Sure
Millennials Say Yes to Super Apps, Baby Boomers Not So Sure
July 10, 2023  |  Connected Economy

Many tech providers around the world are looking to unify disparate digital activities into all-in-one mobile platforms, and millennials are eager to get on board....

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ByteDance Chasing WeChat in the Super-App Race With Douyin
ByteDance Chasing WeChat in the Super-App Race With Douyin
June 14, 2023  |  Connected Economy

ByteDance, the parent company of popular social media app TikTok, is on a mission to become China’s next “everything app” to rival the success of WeChat by Tencent. ...

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New Twitter CEO’s Goal: Turning Platform to ‘Twitter 2.0’
New Twitter CEO’s Goal: Turning Platform to ‘Twitter 2.0’
May 14, 2023  |  Social Commerce

Twitter’s new CEO says she’s excited to “transform” the social media platform. Linda Yaccarino, named chief executive last week by Twitter owner Elon Musk, tweeted on Saturday (May...

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Elon Musk Hires CEO for X, Will Focus on Product
Elon Musk Hires CEO for X, Will Focus on Product
May 11, 2023  |  Personnel

Elon Musk has hired a new CEO for X, the company formerly known as Twitter. The new, unidentified CEO will start in six weeks, and...

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Twitter to Add Encrypted Direct Messages and Voice and Video Chat
Twitter to Add Encrypted Direct Messages and Voice and Video Chat
May 10, 2023  |  Mobile Applications

Twitter will be adding encrypted direct messages (DMs) and voice and video chat to its app. The encrypted DMs “should happen” Wednesday (May 10) and...

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Twitter’s X Everything App Needs Consumer Trust to Succeed 
Twitter’s X Everything App Needs Consumer Trust to Succeed 
April 17, 2023  |  Connected Economy

The tech guru’s newest venture aims to be everything to everyone. But is it possible? Months of rumblings kicked off in November with Twitter reportedly...

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Twitter Rebrands as X in Move Toward Becoming ‘Everything App’
Twitter Rebrands as X in Move Toward Becoming ‘Everything App’
April 11, 2023  |  Connected Economy

Twitter is no more, at least on paper. The social media platform has apparently merged with a shell company called X, the same name as CEO...

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Elon Musk Envisions Twitter as a $250 Billion PayPal Rival
Elon Musk Envisions Twitter as a $250 Billion PayPal Rival
April 02, 2023  |  Payments Innovation

Elon Musk has reportedly outlined his vision for Twitter: a $250 billion payments company. As The Wall Street Journal (WSJ) reported Saturday (April 1), Musk...

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