Twitter has recently announced a significant development, where it has merged with 'X'- the Everything app which is owned by Elon Musk. The news surfaced when Musk tweeted 'X'.
In a court filing in the US, Twitter quietly disclosed that it no longer exists.
"Twitter Inc. has been merged into X Corp. and no longer exists. X Corp. is a privately held corporation, incorporated in Nevada, and with its principal place of business in San Francisco, California," the filing mentioned.
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In October last year, when he was in the process of finalising the purchase of Twitter, he restated that X remains his long-term plan for the business.
"Buying Twitter is an accelerant to creating X, the everything app," Musk tweeted.
"Twitter probably accelerates X by 3 to 5 years, but I could be wrong," he added.
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Earlier, Musk had expressed interest in creating an application that could offer comprehensive features comparable to China's WeChat.
During a podcast, he said that the US needs a super app.
"It's either convert Twitter to that or start something new. It does need to happen somehow," he said.
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During the podcast last year, Musk told the listeners, "If you're in China, you kind of live on WeChat. It does everything. It's sort of like Twitter, plus PayPal, plus a whole bunch of things all rolled into one, with a great interface. It's really an excellent app, and we don't have anything like that outside of China."
In 1999, Musk co-founded an online bank called X.com, which was later merged to form PayPal.
Inputs from IANS
