Elon Musk Says Twitter Will Add Encrypted DMs 104z1r Payments; Claims s at All-Time High as rs Leave

Elon Musk said he sees a "path to Twitter exceeding a billion monthly s in 12 to 18 months." 6n96a

By Reuters | Updated: 28 November 2022 09:59 IST

Elon Musk Says Twitter Will Add Encrypted DMs, Payments; Claims s at All-Time High as rs Leave

Twitter earlier in November laid off half its workforce 2c5j51

Highlights

Twitter s were averaging over two million per day
He also said that active minutes were at a record high
Hate speech impressions decreased as of November 13

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Twitter Chief Executive Elon Musk says new s to the social media platform are at an "all-time high", as he struggles with a mass exodus of rs and s fleeing to other platforms over concerns about verification and hate speech.

s were averaging over two million per day in the last seven days as of November 16, up 66 percent compared to the same week in 2021, Musk said in a tweet late on Saturday.

He also said that active minutes were at a record high, averaging nearly 8 billion active minutes per day in the last seven days as of November 15, an increase of 30 percent in comparison to the same week last year.

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Hate speech impressions decreased as of November 13 compared to October of last year.

Reported impersonations on the platform spiked earlier this month, before and in wake of the Twitter Blue launch, according to Musk.

Musk, who also runs rocket company Neuralink and tunneling firm the Boring Company, has said that buying Twitter would speed up his ambition to create an "everything app" called X.

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Musk's "Twitter 2.0 The Everything App" will have features like encrypted direct messages (DMs), longform tweets and payments, according to the tweet.

Slides from my Twitter company talk pic.twitter.com/8LLXrwylta
— Elon Musk (@elonmusk) November 27, 2022

In another tweet early on Sunday, Musk said he sees a "path to Twitter exceeding a billion monthly s in 12 to 18 months."

rs on Twitter, including big companies such as General Motors, Mondelez International, Volkswagen AG, have paused advertising on the platform, as they grapple with the new boss.

Musk has said that Twitter was experiencing a "massive drop in revenue" from the r retreat, blaming a coalition of civil rights groups that has been pressing the platform's top rs to take action if he did not protect content moderation.

Activists are urging Twitter's rs to issue statements about pulling their ads off the social media platform after Musk lifted the ban on tweets by former US president Donald Trump.

Hundreds of Twitter employees are believed to have quit the beleaguered company, following an ultimatum by Musk that staffers sign up for "long hours at high intensity," or leave.

The company earlier in November laid off half its workforce, with teams responsible for communications, content curation, human rights and machine learning ethics being gutted, as well as some product and engineering teams.

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