SPORTS

The Game-Changing Pivot of X: Can the Platform Rebound Amid Turmoil?

USATue Sep 17 2024
X, the social media platform formerly known as Twitter, has undergone a significant transformation since Elon Musk took the reins. Despite this, X remains a hub for sports enthusiasts, with many fans still turning to the platform for real-time updates and news. In fact, sports has emerged as the top topic of discussion on X, closely followed by politics, news, and other niches. The connection X has with sports communities sets it apart from other platforms. Its ability to deliver supplementary updates and news has made it a go-to destination for fans. High-profile users can amplify their opinions, making it a valuable tool for those in the sports industry. X has capitalized on this trend by launching its "Trend Genius" ads, which use conversational AI to detect rising topics of discussion and enable brands to amplify their promotions within topically related peaks. This approach allows brands to maximize engagement and connect with relevant conversations in real-time. However, X faces a significant challenge in regaining the trust of advertisers, particularly in light of its updated moderation approach. The platform's ad revenue has declined significantly since Musk took over, and many marketers have scaled back their spending on X. To turn things around, X needs to reshape the broader narrative about the app and address advertiser concerns. While this may be a tough task, X's ability to connect with sports fans and other niches remains a valuable asset. If the platform can realign its moderation approach to incorporate advertiser concerns, there may be a way to get X back on track.

questions

    Is Musk's involvement in the U.S. election a sign that X is being used as a propaganda tool?
    Are the new Trend Genius ads and Grok AI chatbot enough to revitalize X's appeal to advertisers?
    What are the actual implications of X's decline in ad revenue, and how does it affect the platform's overall viability?

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