X Video Views Up 465% In Last 10 Days, Says CEO Yaccarino In The Run Up To NY Fashion Week
Portfolio Pulse from Rounak Jain
X, formerly known as Twitter, has seen a 465% increase in video views in the last ten days, according to CEO Linda Yaccarino. This surge is attributed to changes in the video player interface and other improvements. The platform is also preparing to capitalize on the upcoming New York Fashion Week. Elon Musk, who has taken control of X, has been making efforts to transform it into an 'everything app', including enhancements to video consumption. Musk's initiatives are aimed at giving X an edge over Meta Platforms Inc.'s Facebook and Instagram.
September 06, 2023 | 1:24 pm
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Elon Musk's efforts to enhance X's video consumption capabilities are aimed at giving it an edge over Meta Platforms Inc.'s Facebook and Instagram.
The improvements to X's video consumption capabilities, if successful, could potentially draw users away from Meta's platforms, thereby negatively impacting Meta's user engagement and potentially its stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50