Twitter Inc. no longer exists. It was taken over by X Corp. Ilona Mask

0
441

It happened last week

X Corp., founded by Elon Musk back in 2006, took over Twitter, Inc. According to Appleinsider, this is the first step towards creating a “universal application” similar to China’s WeChat.

According to information published by the publication, Twitter Inc. merged into a new organization called X Corp. last week, April 4th. This information was revealed in court documents from the ongoing legal battle between Twitter and Laura Loomer. Loomer sued Twitter for violating federal extortion laws when her account was suspended in 2019

Twitter Inc. no longer exists. It was taken over by X Corp. Ilona Mask

Twitter Inc
Twitter Inc

n its latest statement, the company said that “Twitter, Inc. was merged with X Corp. and ceased to exist. As the “successor” of Twitter Inc. after the merger of X Corp. now the defendant in Loomer’s lawsuit. The parent corporation is called X Holdings Corp.

It is not yet clear what will be the consequences of the takeover of Twitter by X Corp. Elon Musk has not made an official statement.

The corresponding social network retains the name Twitter.

RELATED ARTICLESMORE FROM AUTHOR