Latest news with #XApp
TechCrunch
19 hours ago
- Business
- TechCrunch
X app code points to a physical card coming to X Money
X's plans for a payments service may extend beyond the digital realm, new data suggests. According to findings from mobile app intelligence firm App Sensa, the X app has been updated over the past few weeks with several references related to a physical debit card, which can be customized with your X username. Dozens of new strings of code in the X app reference various actions you can take with the new debit card, including checking its shipping status, activating your card after it arrives, reporting your card lost or stolen, locking the card, setting a PIN, and more. Multiple strings also include the terms 'physical_card_option' as well as just 'physical,' the data indicates. Image Credits:App Sensa The news follows X CEO Linda Yaccarino's January announcement that Visa would be the company's first partner for the X Money service, which will allow users to instantly fund their X Wallet accounts via Visa Direct. She explained that the new service would enable peer-to-peer (P2P) payments by connecting with users' debit cards and would offer the option to instantly transfer funds to your bank account. Yaccarino also noted that this would be the 'first of many' big announcements about X Money arriving this year. This suggests that X is on a path that will see it more broadly competing with other digital banks and payment services in the near future. Image Credits:App Sensa To support its venture into payments, X has been registering for money transmitter licenses across the U.S. for over a year. As of December 2023, the company was licensed for payment processing in a dozen states. It has since increased its registrations to include 40 states, plus Washington, D.C. There are other references in the X app's code that tell us more about how this new payment card may work. For instance, some strings refer to 'cashback' and others to 'deferred debit.' It also appears you may be able to cancel your virtual card independently of the physical card and vice versa. Techcrunch event Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW Plus, the code suggests X could be pursuing relationships with other partners, as both MasterCard and Amex are listed as supported payment card brands. Image Credits:App Sensa X owner Elon Musk has long envisioned the app formerly known as Twitter as more than a social network. In November 2022, he shared his plans to turn X into an 'everything app' that would include things like payments and banking, as well as better support for videos and creator content. Last year, X was spotted working on the addition of a Payments button that would be added to the site's main navigation bar. X has not shared when specifically it plans to announce X Money besides sometime 'later this year,' per Yaccarino's earlier post. X did not respond to a request for comment.
Finextra
21 hours ago
- Business
- Finextra
X to offer trading services soon, claims CEO
Social media app X will roll out investing and trading services "soon" and is also pondering its own debit or credit card, claims CEO Linda Yaccarino. 1 Speaking to the Financial Times, Yaccarino echoed a claim long made by Elon Musk, saying: 'You'll be able to come to X and be able to transact your whole financial life on the platform.' She adds: 'And that's whether I can pay you for the pizza that we shared last night or make an investment or a trade. So that's the future.' Musk has a long-held ambition to transform X into an "everything app" along the lines of Chinese giant WeChat, where users can conduct their "entire financial life". In October 2023, at an all hands call with employees, he said: 'When I say payments, I actually mean someone's entire financial life. If it involves money. It'll be on our platform. Money or securities or whatever. So, it's not just like send $20 to my friend. I'm talking about, like, you won't need a bank account.' In January, the platform struck a deal with Visa ahead of the launch of a digital wallet and peer-to-peer payments service that is slated to launch later this year. The account, Yaccarino said at the time, will allow for instant X Wallet funding via Visa Direct, enable users to connect their debit cards for P2P payments, and have the option to instantly transfer funds to bank accounts. Now, the CEO has also floated the possibility of an X credit or debit card, which could also arrive this year.
TechCrunch
06-06-2025
- Business
- TechCrunch
The Trump-Musk feud has been great for X, which jumped up the App Store charts
The feud between Elon Musk and President Donald Trump may be bad for the MAGA camp, but it's proven to be beneficial for X, which has seen engagement soaring over the past 24 hours. According to new data from Sensor Tower, the app formerly known as Twitter skyrocketed up the U.S. App Store's top charts, landing at the 23rd overall spot on June 5 — up from an average rank of 68 over the last 30 days. X also saw an average rank of number 58 over the past six months. The ranking changes could be influenced by increased downloads and engagements with the X application. Meanwhile, X's ranking on Google Play in the U.S. climbed as well, up around 20 spots from the prior seven-day average and up 16 spots from the average over the past 30 days. Sensor Tower estimates that total U.S. mobile app active users on X on June 5 increased by 6%, likely as a result of the Trump-Musk breakup, which captured the internet's interest. Specifically, the firm found that U.S. mobile app active users on X between 2 p.m. and 6 p.m. Eastern time on June 5 were up by 54% compared to the last seven days. Trump's own social network, Truth Social, benefited from the feud as well, as the president shared his thoughts about Musk with his followers. Compared with the last seven days, U.S. mobile app active users on Truth Social increased by more than 400%, Sensor Tower's proprietary panel indicates. Techcrunch event Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW However, X is still much larger than Truth Social, Sensor Tower notes, as it has 100x more U.S. mobile app users than Trump's social network. Across both apps, the number of U.S. mobile app active users between 2 p.m. and 6 p.m. Eastern reached a 90-day high. X is continuing to grow its rank in the wake of the Trump-Musk breakup. As of the time of writing, the app is the 19th top free iPhone app on the U.S. App Store. Truth Social is number 14 in the Social Networking category, but is ranked below number 150 overall on the free iPhone apps chart on the U.S. App Store.
TechCrunch
30-05-2025
- Business
- TechCrunch
Yep, X was down again
Elon Musk's X experienced an outage on Friday, according to user reports and crowdsourced data from sites like Downdetector. From what TechCrunch staff has witnessed first-hand, the X website and app still loaded, but various features were not functioning properly, and entire feeds — like X's algorithmic For You feed — didn't load any content. Others reported that photos weren't loading, X's banking service XMoney wasn't working, the timeline was bare, and search wasn't returning results, among other things. X: the nothing app — Jane Manchun Wong (@wongmjane) May 30, 2025 Based on the timing of the user reports, the outage and errors seem to have begun just before 4 p.m. ET on Friday and seem to be resolved as of the time of writing. This was the second outage for X in just over a week, as the service also failed on May 22, when X experienced a number of issues over a 24-hour period. During that time, messages wouldn't load, timelines wouldn't update, and some posts couldn't be seen without refreshing the webpage. The current outage may be short-lived. We noticed that some features seemed to either be intermittently working, or worked on X's mobile app but not on the desktop, for instance. Then, people began reporting that the service seemed to have come back up. The X Developer API v2 is still showing degraded status, however. Just ahead of the outage, X began rolling out its new DM feature, XChat, into beta after pausing encrypted DMs as it worked to make improvements. It's not clear if any of these changes impacted X's stability, and the company no longer responds to press inquiries since Musk took ownership.
Forbes
24-05-2025
- Forbes
Is X Down? Outage Reports Spike After Platform Reports Data Center Issues
Elon Musk's X is experiencing a host of issues with its app and desktop website Saturday, marking what appears to be the latest outage of services after the platform said it was still being impacted by a data center outage from earlier in the week. Outage reports spike around 9 a.m. EDT. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket ... More via Getty Images) Outage reports on spiked at 9 a.m. EDT, reaching nearly 26,000. Nearly three quarters of the reported problems were based on the X app, while 23% were based on the platform's desktop website. X's engineering team said in a statement Friday evening the platform was still experiencing issues from Thursday's data center outage, noting login and signup services were unavailable for some users. This is a developing story. Check back for updates.
