He originally wanted to rebrand PayPal as 'x' but the other board members said no.
As I understand it he wants to create some kind of walled app which you can use for everything (banking, shopping, social, etc etc etc). I am not sure anyone sensible would trust a penny of their money banking...
I'm not in the social media game (deleted my Facebook account 10 years ago and never looked back) but will be interesting how it shakes out.
Meta already has a massive install base through Facebook/Instagram so can see a lot of celebs and companies moving over (although if EU has no presence on...
He tried to get out of buying it by going on about the number of bots. Then Twitter called his bluff, took him to court for reneging on the deal, forcing him to complete, in order to avoid having to go to court for deposition.
I doubt he wanted to bring it down, he just has a massive ego and...