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    WAEC Appoints Suleiman Kum as Head of Nigeria National Office

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    Bank of Industry launches MyBOI to simplify credit application

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    NNPC Records 33% Profit Growth, Raises Dividend 35% to N5.8 Trillion in 2025 FY

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    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

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    WAEC Appoints Suleiman Kum as Head of Nigeria National Office

    WAEC Appoints Suleiman Kum as Head of Nigeria National Office

    NJC sacks two heads of court, suspends two judges, sets up panel

    Court restricts Osun govt bank accounts over $13.9m arbitration award

    Nigerian Navy Opens Recruitment Portal, Deadline, Requirements and How to Apply

    Nigerian Navy Opens Recruitment Portal, Deadline, Requirements and How to Apply

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    President Tinubu’s 2026 Independence day address to the nation

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    Cost of Living, Jobs Now Top Priority, Tinubu Says at Nigeria at 66

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    Ebola outbreak: Nigeria introduces health declaration forms for travellers

    Police Officers who ran over handcuffed man in Ekpoma arrested

    Osun State House of Assembly becomes first to approve state police

    US deficit grows to US$291 billion in July – Reports

    President Trump proposes US$10 billion to rebuild Gulf energy infrastructure

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    • Nigeria
    • Africa
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    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

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    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

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    • Economic Data
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    • Companies
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    VFD Group Plc gives notification of the meeting of the Board of Directors

    VFD Group appoints Mrs Emezie-Ezigbo as Deputy Managing Director

    Bank of Industry launches MyBOI to simplify credit application

    Bank of Industry launches MyBOI to simplify credit application

    Airtel Africa announces IPO offer price for Airtel Money

    Airtel Africa announces IPO offer price for Airtel Money

    Cutix Plc founder sells additional 1.8 million shares of the company

    UAC of Nigeria Plc to sell its 73.29% stake in Livestock Feeds Plc for ₦19.5 billion

    Stanbic IBTC Holdings Plc announces N1.50 interim dividend for half-year 2023

    Stanbic IBTC Holdings Plc announces N4.50 interim dividend for H1 2026

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    Tony Elumelu’s Heirs Energy Ltd acquires 6 million shares of Seplat Energy Plc

    UAC of Nigeria Proposes ₦1.00 Final Dividend

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    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

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    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

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    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

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    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

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    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

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    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

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Twitter to change its iconic bird logo – Elon Musk announces

Sunday, 23 July 2023, 8:37 pm
in Business, Companies
0
Twitter to change its iconic bird logo – Elon Musk announces
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Social media giant Twitter will soon discard its iconic bird logo as soon as Monday, the platform’s CEO Elon Musk announced on Sunday.

Also read; FBN Holdings Plc posts 231.07% growth in Profit for half year 2023

Musk confirmed the plan in a Twitter Spaces audio chat, where he argued that the logo change “should have been done a long time ago.”

Musk continued to discuss the logo change in a series of tweets.

And soon we shall bid adieu to the twitter brand and, gradually, all the birds

— Elon Musk (@elonmusk) July 23, 2023

In a follow up tweet, Elon Musk hinted that the new X logo will go live worldwide by Monday.

If a good enough X logo is posted tonight, we’ll make go live worldwide tomorrow

— Elon Musk (@elonmusk) July 23, 2023

The new logo is expected to reflect the new X Corp brand. X Corp is an American technology company established by Elon Musk in 2023 as the successor to Twitter Inc.

In April 2022, filings to the Securities and Exchange Commission (SEC) revealed Musk had formed three corporate entities in Delaware, all under the name of X Holdings. According to the filings, one of the entities was to merge with Twitter, Inc.

In March 2023, Musk registered X Corp. in Nevada. On the same day, Musk registered the artificial intelligence (AI) company X.AI. Later that month, Musk applied to merge X Holdings I with X Holdings Corp. and Twitter, Inc. with X Corp.

In the filing, Musk revealed that X Holdings Corp. has $2 million in capital; X Holdings Corp. will also serve as the parent company for X Corp. In a company-wide email that month, Musk announced that Twitter employees will receive stock in X Corp.

In an April 2023 court filing for an ongoing lawsuit filed by right wing political activist Laura Loomer against Twitter and its former CEO Jack Dorsey, Twitter, Inc. notified the court that it had been consolidated into X Corp., a Nevada corporation based in Carson City.

With the merger in April, Twitter ceased to exist as a company on paper, even as Musk continued to use the Twitter name and bird logo.

The billionaire has explained that he purchased Twitter with the goal of turning it into an “everything app” along the lines of China’s WeChat within three to five years. ‘X’ would offer banking, shopping, texting and calling, travel booking, stock trading, and various other services.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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