Connect with us

Hi, what are you looking for?

TheFinanceMemories.comTheFinanceMemories.com

Tech News

Elon Musk gives X employees one year to replace your bank

An image showing the X logo
Illustration: The Verge

Elon Musk wants X to be the center of your financial world, handling anything in your life that deals with money. He expects those features to launch by the end of 2024, he told X employees during an all hands call on Thursday, saying that people will be surprised with “just how powerful it is.”

“When I say payments, I actually mean someone’s entire financial life,” Musk said, according to audio of the meeting obtained by The Verge. “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.”

X CEO Linda Yaccarino said the company sees this becoming a “full opportunity” in 2024. “It would blow my mind if we don’t…

Continue reading…

You May Also Like

Tech News

Image: OceanGate It’s only been months since the implosion of OceanGate’s Titan tourist submersible, but Hollywood producers are already working on a film based...

Tech News

Amazon’s latest Echo Show 8 is one of many discounted Alexa smart home devices. | Photo by Alex Cranz / The Verge Amazon’s fall...

Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...

Editor's Pick

While the UAW strike continues, and the debate on how much it matters in the scheme of things rages on, other wage trends are...