Tech
TOPSHOT-US-TWITTER-MUSK-INTERNET-JUSTICE
Elon Musk on October 26, 2022, carrying a sink as he enters X headquarters (Elon Musk/Getty Images)

Users are finally remembering that it’s called X now, not Twitter

Almost two years later, the name might just be starting to stick.

Whether it’s a baby, a company, a pope, or a product, naming things is hard.

When Mark Zuckerberg wanted to change Facebook’s name to better reflect his aspirations in the metaverse, a marketing team was likely drafted in for mountains of moolah to come up with... Meta. Aberdeen Asset Management, a steward of more than $670 billion, disemvoweled itself in 2021, becoming “abrdn” for reasons best known to themselves, before adding the letters back this year. Netflix got screamed at for trying “Qwikster” as the name of its DVD business, Radio Shack hoped calling itself the Shack would revive its fortunes, and Pizza Hut has toyed with a few names — all of which the public hated.

Some companies just give up altogether and start using common first names for their brands and ideas. There’s Dave, the insurance company; Jasper, which can help you write marketing copy; Claude, the AI chatbot; and Alexa, Amazon’s robot assistant — a product that’s sent the name’s popularity plummeting after its release in 2015.

In 2019, I wanted to start a media company that made a lot of charts, and the best I could muster up was Chartr. It is hard.

X marks the spot

So, once you finally have a name that billions of people around the world recognize, changing it overnight would seem like a very high-risk experiment to run. Still, that’s exactly what Elon Musk did one Sunday in July 2023 when he announced that he’d be completely rebranding Twitter — which he dropped $44 billion on less than a year earlier — to X.

If data from Google is anything to go by, people are just now remembering its new name more often than not, with searches for “X login” finally outweighing those for “Twitter login” in recent weeks.

More people are remembering to search for “X login” than “Twitter login”
Sherwood News

Based, then, on this very unscientific analysis, it seems like 18 to 24 months is a rough ballpark for how long it takes to reshape the name of a product in the wider public psyche. But of course, these are just the users looking to log in to the platform via Google; for many others, it’ll likely always be Twitter... or at least “X, formerly known as Twitter.”

More Tech

See all Tech
tech

Report: SpaceX planning for IPO late next year

SpaceX has told investors that it is planning for an IPO in late 2026, according to a report from The Information.

Elon Musk’s rocket company is in talks for a share sale for employees and investors that would put the company’s valuation at $800 billion, making it the world’s most valuable private company, recapturing that crown from OpenAI.

Per the report, all of SpaceX including Starlink would be listed as one company, rather than spinning off Starlink, which Musk had discussed a few years ago.

Per the report, all of SpaceX including Starlink would be listed as one company, rather than spinning off Starlink, which Musk had discussed a few years ago.

tech
Rani Molla

Meta reignites on-again, off-again relationship with news organizations with multiple AI content licensing deals

Meta has a long and tumultuous relationship with news organizations: first flooding them with traffic, then cutting it off; declaring news a priority, then deprioritizing it in people’s feeds; even hiring its own team to curate breaking news before abruptly disbanding it.

Now it seems media companies are back in Meta’s good graces. The social media company has struck a number of content licensing deals with publishers — including USA Today, People, CNN, Fox News, and The Daily Caller — in order to use information from their articles in Meta’s AI tools, Axios reports. The company first inked an AI news deal with Reuters last year.

Meta has been integrating its AI chatbots across its suite of products, and these licensing deals, which the company reportedly plans to expand to more news organizations, will give users better access to real-time information.

Now it seems media companies are back in Meta’s good graces. The social media company has struck a number of content licensing deals with publishers — including USA Today, People, CNN, Fox News, and The Daily Caller — in order to use information from their articles in Meta’s AI tools, Axios reports. The company first inked an AI news deal with Reuters last year.

Meta has been integrating its AI chatbots across its suite of products, and these licensing deals, which the company reportedly plans to expand to more news organizations, will give users better access to real-time information.

tech

Cloudflare just went down again, but apparently only for 20 minutes this time

Another day, another massive network outage taking down huge sections of the internet... and, once again, the cause of the hiccup was Cloudflare.

On Friday morning, the American IT giant reported that a change made to “how Cloudflares Web Application Firewall parses requests” caused its network to “be unavailable for several minutes.”

Roughly 20 minutes later, the company said that “a fix has been implemented,” helping to soothe the stock’s losses after falling as much as 6% in premarket trading, according to Bloomberg. Shares of Cloudflare are trading about 2% lower at the time of writing.

Users reported that sites including LinkedIn, Zoom, Fortnite, Shopify, and Coinbase were all made unavailable by the outage — or at least they would’ve reported that, if Downdetector weren’t also down, per The Verge. Even so, some are still seeing issues as the service supposedly gets back on its feet.

Cloudflare went down only last month, though that time the network was down for roughly three hours and took OpenAI, X, and League of Legends with it — and that incident followed in the digitally disruptive footsteps of Amazon Web Services, which saw a major outage in October lasting some 15 hours.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.