AUSTIN, Texas--(BUSINESS WIRE)--Sep 19, 2023--

Twitch streamers are leaving the platform in their droves in favour of rival website Kick which is offering far more lucrative financial opportunities to their competitors. Kick, which is owned by online gambler Tyler ‘Trainwreck’ Niknam, who previously made his name on Twitch, is very similar in style and content that you would find on other streaming sites with gaming being a major source of entertainment on the website. However, unlike Twitch, gambling and more adult-themed content are more widely accepted on Kick, which was only launched in January 2023. Last month, two big streaming stars Kai Cenat and iShowSpeed both announced that they would be leaving Twitch to join Rumble, another streaming platform that is popular with political commentators. Sign up to our free Indy100 weekly newsletter Now the exodus of streamers from Twitch has continued with reportedly more than one million people joining Kick after the New York Times reported that the website had signed Félix 'xQc' Lengyel, one of the world's most popular streamers, for a $100 million deal. However, xQc, has confirmed that he'll still use Twitch for his streams. In addition to xQc, Twitch's top female streamer Amouranth has also ditched Twitch for Kick in what is thought to be a non-exclusive deal with the site. In an announcement video where she is reading about xQc's deal with Kick, Amouranth says: "So, 100 million dollar deals have started… Can I get one of those?" Numerous other streamers, including Mizkif, have also spoken out against Twitch, claiming that the streaming site is 'done.' Interestingly, MrBeast, who is more of a YouTube content creator than a streamer has floated the idea of streaming on Kick in a form of protest against Twitch's new guidelines which are likely to put in place major restrictions on branded content come July 1st. In a now-deleted tweet, MrBeast, real name Jimmy Donaldson, wrote: "I’m not even a Twitch streamer and now I want to stream on a competitor just to spite them for you guys. If YouTube pulled this sh*t, I’d lose my mind." Other notable steamers who have left Twitch for Kick, include Adin Ross, Destiny, CorinnaKopf and GMHikaru. Speaking to Sportskeeda in May, Kick co-founder Ed Craven confirmed that the company plans to host in-person events in the future as well as gambling streams.

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Elon Musk’s plan to build an “everything app” is underway. After rebranding Twitter to X, the tech billionaire encouraged users to rethink the “whole concept” of what the platform is. Before he even purchased Twitter in October 2022, Mr Musk said that buying the site was an “accelerant” to creating a super app akin to China’s WeChat, India’s PayTM and Indonesia’s GoJek. These apps offer users the ability to not just make posts, but also send and receive payments, watch and listen to content, and even access services like booking taxis or ordering food deliveries. Earlier this month, Mr Musk reportedly secured money-transmitting licenses in three US states, suggesting it is already preparing to become a payments business. Linda Yaccarino, who took over as the chief executive of Twitter last month, gave more details about what the new X app will become, tweeting on Sunday that the rebranding was part of the company’s goal to “transform the global town square” beyond a social network. “X is the future state of unlimited interactivity – centred in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services, and opportunities. Powered by AI, X will connect us all in ways we’re just beginning to imagine,” she tweeted. “For years, fans and critics alike have pushed Twitter to dream bigger, to innovate faster, and to fulfil our great potential. X will do that and more. We’ve already started to see X take shape over the past 8 months through our rapid feature launches, but we’re just getting started.” X did not respond to a request for further information from The Independent about when such changes might take place. Shortly before his takeover of Twitter was complete, Mr Musk tweeted: “Twitter probably accelerates X by three to five years, but I could be wrong.” Mr Musk has had access to the X.com domain since 2000, during which time he was working on PayPal. Before rebranding Twitter, the website simply showed the letter ‘X’, but now redirects to Twitter.com. Earlier this year, Twitter changed its business name to X Corp to align with Mr Musk’s “everything app” vision, but social media experts have questioned whether such a concept could ever work outside of Asia. “I’ll believe it when I see it,” industry commentator Matt Navarra said at the time of Mr Musk’s takeover. “Super apps, as they are known in the industry, are not a new thing. They’ve been hugely successful in Asia, but have not really caught on elsewhere. Could Twitter form part of a super app that lets you buy goods, chat to friends, get news updates, book a taxi etc.? Sure. Can Elon Musk make it work? Possibly. Will Elon actually do it? Who knows. He seems to have commitment issues.” Others have raised concerns about whether ditching the Twitter brand and associated bird logo could further damage the platform’s reputation, which has been under heavy scrutiny since Mr Musk’s takeover last year. “By changing Twitter’s app name, Elon Musk will have single handedly wiped out over fifteen years of a brand name that has secured its place in our cultural lexicon,” Mike Proulx, a research director at advisory firm Forrester, told The Independent. “This is an extremely risky move because with ‘X,’ Musk is essentially starting over while its competition is afoot.” Read More Twitter rebrands to X as part of Elon Musk’s plan to create an ‘everything app’ Twitter no longer exists as a company Twitter rebrands to X as part of Elon Musk’s plan to create an ‘everything app’ DMs may come to Threads soon as app’s user base grows to one-fifth of Twitter’s Twitter in negative cash flow due to 50% drop in advertising revenue, says Elon Musk

BELMONT, Calif.--(BUSINESS WIRE)--Aug 7, 2023--

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By David Shepardson WASHINGTON The National Highway Traffic Safety Administration (NHTSA) will resolve its two-year investigation into Tesla