Elon Musk, CEO of Twitter, claims that signups are at an all-time high and highlights the benefits of the “everything app.”

Additionally, he stated that user active minutes had reached a record high, averaging nearly 8 billion minutes per day over the previous seven days as of November 15u2014a 30% increase over the same week in 2016.
Impersonations of hate speech have decreased as of November 13 compared to October of last year.Musk says that the number of fake accounts on the site went up earlier this month, both before and after Twitter Blue came out.With the purchase of Twitter, Musk, who also owns the rocket business SpaceX, brain-chip startup Neuralink, and tunneling company the Boring Company, hopes to move closer to realizing his vision of an everything app, dubbed X.According to the tweet, Musk’s Twitter 2.0: The Everything App would offer functions including encrypted direct messaging (DMs), longform tweets, and payments.Musk stated in a subsequent tweet sent out early on Sunday that he believes Twitter will surpass one billion monthly users in 12 to 18 months.Large advertisers on Twitter, including General Motors, Mondelez International, and Volkswagen AG, have stopped their campaigns as they deal with the new boss.Musk blamed a coalition of human rights organizations for pressuring the platform’s major advertisers to take action if he did not safeguard content moderation and said that Twitter was seeing a huge decrease in income as a result of the advertiser withdrawal.After Musk lifted the ban on tweets by former U.S. president Donald Trump, activists are urging Twitter’s advertisers to make public statements about removing their advertisements from the social media platform.Following Elon Musk’s threat that employees would have to sign up for long hours at high intensity or leave the struggling firm, hundreds of Twitter employees are rumored to have left the struggling enterprise.The company cut half of its staff earlier in November, eliminating teams in charge of communications, content curation, human rights, and machine learning ethics, s well as some product and engineering teams.