Elon Musk And Tim Cook To Discuss X Revenue Sharing — Dogecoin Co-Creator Says, 'Apple CEO Has Enough Money'
Portfolio Pulse from Ananya Gairola
Elon Musk plans to discuss with Apple CEO Tim Cook about the tech giant's 30% revenue-sharing policy with the microblogging site, now rebranded as 'X'. Musk suggests adjusting the fee to 30% of what 'X' keeps, aiming to maximize what creators receive on the platform. Dogecoin co-creator Billy Markus also urged Cook to share more wealth with creators. Musk revealed a new feature allowing creators to adjust the price of paid subscriptions is coming soon.
August 04, 2023 | 12:33 pm
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NEUTRAL IMPACT
Apple's revenue-sharing policy is under scrutiny by Elon Musk, which could lead to changes benefiting creators. A new feature allowing creators to adjust the price of paid subscriptions is also expected.
The news is relevant as it directly involves Apple's revenue-sharing policy. However, it's uncertain how this will impact Apple's stock in the short term as it depends on the outcome of the discussion between Musk and Cook and the potential changes to the policy.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Dogecoin co-creator Billy Markus urged Apple to share more wealth with creators, aligning with Elon Musk's stance.
The news is somewhat relevant to Dogecoin as it involves its co-creator. However, it's uncertain how this will impact Dogecoin's price in the short term as it doesn't directly involve the cryptocurrency.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50