Elon Musk’s X may launch a news distribution service

X’s owner, Elon Musk and CEO Linda Yaccarino recently addressed an all-hands meeting with employees. In the meeting the duo reportedly talked about what changes the platform, which was previously known as Twitter, has undergone in the last year, as well as the vision that Musk has for the company. One of the things was plans to launch a news distribution service.

The news distribution service, which may be called XWire, is said to rival existing platforms that would rival Cision’s PR Newswire for disseminating company news and press releases. Bloomberg, however, reported that Musk and Yaccarino did not divulge much on how the company would better compete with platforms.