Social media platform X chief executive Elon Musk has said that he is planning to launch a TV app next week for Amazon and Samsung users who will be able to watch long form videos. Last October, X had rolled out an early version of video and audio calling for some users. The billionaire had said he planned to turn it into a super app offering services from messaging to peer-to-peer payments, Reuters reported.ALSO READ: Elon Musk’s X has over a million jobs listings: Check if there’s one for you
Reuters quoted a Fortune report that said the app could look similar to the TV app offered by Google’s YouTube. The report cited an unidentified source as saying Musk was set on competing with YouTube.
The billionaire has sought to turn it into an “everything app” like Tencent’s dominant WeChat app in China, with features beyond social media, including the ability to send money to other X users.
To offer services across the U.S., experts say X will need a money transmitter license in each state, and Musk has previously said that approval in New York and California would be the most consequential. Those populous states are also known for relatively lengthy approval processes.
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