SUMMARY
- X updates privacy policy, eyeing biometric data and employment histories.
- Potential rival to LinkedIn? X's new job recommendation features.
- eToro partnership hints at X's growing interest in finance.
The social media giant, once known as Twitter, now going by the name X, made waves with a recent announcement. Soon, they might be peeking into your job history and even capturing your biometric details. They've slated these changes for September 29th, but details remain a bit foggy.
Why do they need this information, you ask? For one, biometrics – think your face scans and fingerprints – offer top-notch security. Many platforms already use them for verifying identities, especially during secure transactions. X, though, hasn't fully spilled the beans on how they plan to gather this. Perhaps, asking users to flip on their camera or by analyzing photos?
But there’s more! X seems to be setting its sights on the job market. The new policy suggests the platform might be diving into job recommendations. Using users' employment histories and preferences, it could soon rival platforms like LinkedIn. Musk’s recent move to buy Laskie, a job recruitment tool, certainly hints at that direction.
Interestingly, X's ambitions don't stop at job recommendations. Last year, they made an exciting alliance with eToro, the Israeli stock trading app. This partnership allows X users to dabble in stock trading. With Musk's history as the brains behind PayPal, it’s clear that the financial domain attracts him. So, don't be surprised if X soon rolls out its own payment methods, echoing Musk’s past triumphs with online banking.
In the recent corporate shuffle, Musk has handed over X's reins to Linda Yaccarino. Yet, the magnate's legacy remains unmistakable, as X looks to conquer realms beyond social media.
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