AGL 38.52 Increased By ▲ 0.95 (2.53%)
AIRLINK 131.01 Decreased By ▼ -1.49 (-1.12%)
BOP 5.60 Decreased By ▼ -0.04 (-0.71%)
CNERGY 3.84 Increased By ▲ 0.07 (1.86%)
DCL 8.78 Decreased By ▼ -0.09 (-1.01%)
DFML 41.30 Increased By ▲ 0.30 (0.73%)
DGKC 88.51 Decreased By ▼ -1.65 (-1.83%)
FCCL 35.30 Increased By ▲ 0.22 (0.63%)
FFBL 66.50 No Change ▼ 0.00 (0%)
FFL 10.65 Increased By ▲ 0.50 (4.93%)
HUBC 109.27 Increased By ▲ 2.87 (2.7%)
HUMNL 14.66 Increased By ▲ 1.26 (9.4%)
KEL 4.74 Decreased By ▼ -0.12 (-2.47%)
KOSM 7.05 Increased By ▲ 0.20 (2.92%)
MLCF 42.42 Increased By ▲ 0.62 (1.48%)
NBP 59.69 Increased By ▲ 1.11 (1.89%)
OGDC 183.90 Increased By ▲ 2.65 (1.46%)
PAEL 25.69 Decreased By ▼ -0.01 (-0.04%)
PIBTL 5.90 Increased By ▲ 0.07 (1.2%)
PPL 147.69 Decreased By ▼ -0.71 (-0.48%)
PRL 23.51 Increased By ▲ 0.29 (1.25%)
PTC 16.45 Increased By ▲ 1.21 (7.94%)
SEARL 69.41 Increased By ▲ 0.62 (0.9%)
TELE 7.21 Decreased By ▼ -0.03 (-0.41%)
TOMCL 35.73 Decreased By ▼ -0.27 (-0.75%)
TPLP 7.85 Increased By ▲ 0.45 (6.08%)
TREET 14.21 Decreased By ▼ -0.03 (-0.21%)
TRG 50.53 Decreased By ▼ -0.32 (-0.63%)
UNITY 26.83 Increased By ▲ 0.43 (1.63%)
WTL 1.22 Increased By ▲ 0.01 (0.83%)
BR100 9,817 Increased By 49 (0.5%)
BR30 29,777 Increased By 377.3 (1.28%)
KSE100 92,329 Increased By 391.1 (0.43%)
KSE30 28,845 Increased By 100.8 (0.35%)

Elon Musk has said his X social media platform will fund the legal bills of people who have been treated unfairly by employers because of posting or liking something on the site formerly known as Twitter.

“If you were unfairly treated by your employer due to posting or liking something on this platform, we will fund your legal bill,” Musk said in a post on X, adding that there will be no limits to funding the bills.

Late last month, Musk said that monthly users of X reached a “new high” and shared a graph that showed the latest count as over 540 million.

The figures came as the company is going through organizational changes and is looking to boost dropping advertising revenue.

It was also the latest in a series of comments from X executives claiming strong traction in usage, after Meta Platforms launched a direct competing platform called Threads on July 5.

After 17 years with an iconic blue bird logo that came to symbolize the broadcasting of ideas to the world, billionaire Musk renamed Twitter as X and unveiled a new logo in July, marking a focus on building an “everything app.”

Musk earlier in July had said that the platform’s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load.

An upturn in advertising revenue that had been expected in June failed to materialise.

Comments

Comments are closed.