X’s product director, Nikita Bier, announced this week the update to the social network’s iOS app, with new video editing tools for creators.

One of the goals of this change is to “encourage the creation of original content within the platform” thanks to a “new editor and recorder that aims to prevent creators from republishing material from other platforms.”

In this regard, the multilingual overlay feature stands out, allowing users to add automatic subtitles in several languages ​​directly onto the video. Additionally, users can modify aspects such as “style, typography, and design to adapt them to the type of content they want to publish from their X account.”

Another innovation is “green screen, a feature that allows you to change the video background using images stored on the user’s phone or any X post. This tool makes it easy to create reaction videos, memes, and news commentaries directly from the app.”

Regarding the anticipation of these new features coming to Android, Bier told TechCrunch that “both features are debuting first on iOS because the Android version is undergoing a complete rebuild from the ground up.”

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The implementation of a change to posts from unverified accounts on Social Network X restricts the number of posts to 50 per day. The limitations for these accounts also apply to daily replies, which are capped at 200.

The restrictions published in the Help Center “also affect direct messages, with a maximum of 500 per day, and followers: 400 followers per day and a maximum of 5,000 accounts followed; although these specific limits have not been modified.”

One of the main concerns regarding this change, which has been in effect since mid-May, relates to accounts managed by bots, whose functionality will be restricted.

The platform, owned by Elon Musk, has justified these limits by citing technical reasons, emphasizing that they will alleviate “the workload of internal systems” as well as “reduce downtime and error pages.”

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The consequences of Elon Musk’s political games in the United States are evident in the loss of users on its social network X, particularly in Spain, with 36 % fewer subscribers.

Analysts speak of a decline for X in Spain, “registering a 36 percent drop in its active user base so far this year, compared to 2024,” although it remains in fourth place with 12.9 million users, behind Facebook with 33.2 million, Instagram with 32.9 million, and TikTok with 27.7 million users.

These assessments were recently published in an analysis by GfK DAM, the “official digital consumption measurement organization in Spain,” on the occasion of World Social Media Day, which was celebrated on Monday, June 30.

The firm points out that among the reasons for X’s decline in the country are the changes in its structure since the billionaire’s purchase in October 2022, including the name change. Added to this are “the modifications to its algorithm, content policies, features, and subscription structure.” And, finally, the problems unleashed by its foray into US politics.

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Elon Musk announced the availability of the XChat private messaging service for the social network X, which will include, among other features, audio and video calls, the ability to share all types of files, message encryption, a private messaging service, and ephemeral messages.

The platform has been transforming for several years in its quest to become a “do-it-all app, similar to China’s WeChat.”

With the addition of “encryption, disappearing messages, the ability to send any type of file, and audio and video calls,” X also seeks to compete with services like WhatsApp and Signal.

According to Musk, “XChat is built with the Rust programming language and uses what he calls Bitcoin-style encryption, promising a completely new architecture for greater privacy and security” for a more decentralized and cryptographically secure infrastructure.

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In order to reduce the risk of impersonation and confusion, users of social network X with a parody or fan account must follow new rules.

The company has made it mandatory to use an avatar distinct from that of the entity they represent, in addition to adding certain keywords before their name.

With the new measures, “X seeks to improve transparency with parody, comment, and fan accounts, grouped under the acronym PCF (parody, comment, and fan), and to this end has announced new requirements that will take effect on April 10, according to the X Safety profile.”

Keywords before the username should be “fake,” “fan,” or “comment” to clarify that they are “not affiliated with legitimate entities and thus avoid confusion among platform users. It also seeks to combat identity theft.”

With these measures, the company expresses its concern about an increase in identity theft cases after the elimination of the traditional free verification system (blue ticket) and its replacement with the paid X Premium subscription. Users who do not comply with the new rules risk permanent suspension.

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In order to allow users to make transactions in real time, the social network X signed an alliance with the credit card issuing company Visa for the launch of its own payment platform XMoney.

The CEO of the social network, Linda Yaccarino XMoney, said that the XMoney platform “works like a digital wallet and allows real-time transactions between individuals.”

Yaccarino added that Visa is its “first partner for the @XMoney account, which will launch later this year” and detailed that users will have the opportunity to “transfer money from their bank account to the XMoney digital wallet and connect their debit card to make real-time peer-to-peer payments (working like Venmo or, in Spain, Bizum) through Visa Direct, a company service for making instant transactions.”

Likewise, the platform’s customers will be able to deposit funds from their digital wallet to their bank account.

With this negotiation, the social network owned by Elon Musk advances in its purpose of offering users solutions to make payments and store funds without external intermediaries.

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Elon Musk, owner of the companies Tesla, SpaceX and the social network X, has doubled his fortune in two months, to exceed $ 400,000 million. This places him as the richest person in the world today.

Surrounded by controversies, criticism and litigation, Musk has managed to overcome the risks and challenges, particularly in the year 2024, to increase his fortune quickly.

He has benefited from the return of Donald Trump to the presidency of the United States, since the billionaire already has a position in his cabinet. Since his appointment, alongside Vivek Ramaswamy, to head the Department of Government Efficiency, his wealth has increased by $70 billion.

Analysts point out that Musk’s wealth is currently valued at $439.2 billion, “about 418.5 billion euros at the current exchange rate. The calculation has taken into account the value of the shares listed on the Stock Exchange and the latest financing round transactions for those that are not sold on the stock market.”

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The social network X was reactivated in Brazil, by order of Magistrate Alexandre de Moraes, after the company owned by Elon Musk paid a fine of $5.2 million.

The Supreme Court of Brazil authorized on Tuesday, October 8, the “immediate” unblocking of the platform on the condition that it complies with Brazilian court rulings and regulations.

Judge Alexandre de Moraes made the request to reinstate the social network X to the National Telecommunications Agency, and pointed out the condition imposed on the company to comply with internal Brazilian regulations, in addition to complying with “judicial decisions on the elimination of profiles accused of spreading fake news.”

It is important to remember that for weeks, after the suspension of X in August, Musk “refused to comply with orders to delete profiles and, after receiving an ultimatum from De Moraes, announced that he was closing the social network’s office in Brazil and that he was relinquishing legal representation in the country, despite the requirements of Brazilian law.”

In September, Musk adopted a more flexible attitude, backing off his provocations. In this sense, “he again appointed legal representatives in the country and agreed to comply with court orders on the elimination of profiles.”

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La entrada Brazil’s Supreme Court authorizes unblocking of social network X apareció primero en Bitfinance.

The bank accounts of Starlink and social network X, owned by Elon Musk, were unblocked in Brazil after paying a fine of 18.35 million reais; that is, about $3.3 million.

The fine that Musk has had to pay stems from the litigation for the social network’s failure to comply with the order issued by Judge Alexandre de Moraes to block accounts in the country that, according to the authority, promoted disinformation and spread hate messages.

However, the Bar Association challenged the decision of the Supreme Court. The Brazilian Attorney General’s Office argued on September 12 that the ban on social network X in Brazil does not violate the right to freedom of expression.

The PGR also declared that the lawsuits against the ban on X in Brazil lack legal grounds, so the suspension remains in place in the country.

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The social network X began internal testing of video calls at the end of August. A feature that had been delayed and that could allow it to compete with its rivals: Google Meet and Microsoft Teams.

The scandals that currently besiege Elon Musk have not diminished his desire to offer users new features in terms of communication and interaction. Although with the incorporation of video calls they have not invented anything new, the function has been a long time coming among users.

Elon Musk is determined to continue innovating and wants to compete with platforms like Zoom, Google Meet and Microsoft Teams.

The tests began on August 23, when “an X employee named Chris Park announced that he had participated in the first video call between employees at X.” They obtained good results, but there are details to improve, such as an indicator to identify who is speaking or notifications about who joins and who leaves the meeting.

According to the participating employees, “there will be the option to generate a code for the video call, and only people who enter this code will be able to enter. It will also be possible to create a video call and choose participants directly from the X app, or schedule it for a certain time.”

It will be necessary to wait for the launch of the function for video calls to know the quality in video conferences, since it has been leaked that for now the video quality of the social network is quite bad.

Another important aspect about this innovation is whether it will have a cost or will be free, as is the case in WhatsApp or Google Meet. Likewise, users would be waiting for its open availability or only for subscribers.

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