Re:Twitter has officially changed its logo to ‘X’
by FireBeyond on Monday July 24, 2023 @01:17PM
(#36851288)
> Elon Musk founded X.com before it bought one of its competitors and changed its name to PayPal.
Elon's company merged with Confinity. Confinity was already well underway with PayPal (owned trademarks, patents, and the domain name) at the time of the merger, and notably, had a working MVP.
Notably because when Elon was initially selected as CEO, he spent his tenure trying to throw away this working MVP because it was written in Java on Solaris, which he didn't know, so he wanted it rewritten in Classic ASP so he could better understand the codebase.
A few months (four, IIRC) of stubbornness about that, and the board had had enough, and removed him as the CEO.
Elon's company merged with Confinity. Confinity was already well underway with PayPal (owned trademarks, patents, and the domain name) at the time of the merger, and notably, had a working MVP.
Notably because when Elon was initially selected as CEO, he spent his tenure trying to throw away this working MVP because it was written in Java on Solaris, which he didn't know, so he wanted it rewritten in Classic ASP so he could better understand the codebase.
A few months (four, IIRC) of stubbornness about that, and the board had had enough, and removed him as the CEO.