Twitter Inc (the company, not the service) is no more. It has been merged into X Corp and no longer exists we learned today through a court filing in the United States District Court Southern District of Florida.
From the filing on the 4th of April, document 123 reads:
Pursuant to Rule 7.1(a)(1) of the Federal Rules of Civil Procedure, the undersigned
counsel for Defendant X Corp., as successor in interest to named Defendant Twitter, Inc., hereby
states that Twitter, Inc. has been merged into X Corp. and no longer exists. X Corp. is a privately
held corporation. Its parent corporation is X Holdings Corp. No publicly traded corporation owns
10% or more of the stock of X Corp. or X Holdings Corp.
These court filings are actually a strange way to discover this information, with the case being a long-running court case between far-right activist Laura Loomer who was banned from many social media platforms when she was found to be in breach of policies set by social media companies, resulting in her being banned from Twitter, Instagram and Facebook, as well as other platforms like PayPal, Venmo and Uber.
Unsurprisingly these bans resulted in legal action which started more than a year ago (Feb 5th, 2022).
Laura Loomer in her capacity as a Candidate for United States Congress filed this complaint against Mark Zuckerberg, in his capacity as CEO of Facebook, Inc., and Jack Dorsey, in his capacity as former CEO of Twitter, Inc., and as an individual, and Twitter, Inc.
So as part of ensuring the court had the right terminology for the list of defendants, Willkie Farr & Gallagher LLP. Attorneys for Defendant X Corp, successor in interest to Twitter, Inc, made the 2 page filing.
Famously Elon Musk owns the rare, single-character domain name x.com and while Twitter the product still resides at Twitter.com for now, Musk took to Twitter to post just a single character ‘X’ in a Tweet this afternoon to mark the occasion.
To the average user, the merging of the two entities and effective decommissioning of the Twitter Inc company name will make no difference.
