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[Fox Business] Elon Musk says X will end ‘block’ function for users outside private messages
Billionaire Elon Musk said Friday that he plans to end the “block” function on social media platform X.
X, formerly known as Twitter, currently offers a standard block function that allows users to restrict others’ ability to comment on their posts — but that function may come to an end soon.
“Block is going to be deleted as a ‘feature,’ except for [direct messages],” Musk said Friday. “It makes no sense.”
“You will still be able to mute accounts and block users for [direct messages],” Musk clarified via a comment in a separate thread.
Blocking is a nearly universal feature of social media platforms that is intended to allow users to end communication with others whose posts they feel are offensive, threatening or otherwise undesirable.
MUSK’S X SENDING BIRD SIGNS, OFFICE DECOR FROM TWITTER DAYS TO AUCTION FOR $25 STARTING BIDS
Musk’s off-the-cuff comments come amidst a larger campaign to severe the platform’s ties to its Twitter-era aesthetics and interface.
The billionaire owner has already drastically altered key features of the app, such as changing its “verification” services — previously used to ensure the authenticity of accounts bearing a public figure’s likeness or name — to a subscription-based amplifier for users’ posts.
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X has also rolled out new opportunities for users with large audiences to monetize their content based on engagement and view count.
An auction and asset advisory firm will sell hundreds of items from the social media site’s days as Twitter in a mid-September auction.
More than 750 items in the two-day online auction include a variety of pieces, with some more specific to X’s former Twitter branding than others, per Heritage Global Partners’ website. Bidding for them is scheduled to commence the morning of Sept. 12.
Fox News Digital’s Aislinn Murphy contributed to this report.
[Fox Business] Anheuser-Busch heir says offer to buy back company is ‘serious,’ and he could get it for a steal
Anheuser-Busch heir Billy Busch is doubling down on his “serious” offer to buy back his family’s struggling brewing dynasty.
Busch told FOX Business Friday he has met with investment banking companies in hopes of returning the company to the family and reviving the brand following the fallout over Bud Light’s partnership with transgender influencer Dylan Mulvaney.
“It’s absolutely a serious offer,” Busch said during an appearance on “Varney & Co.” “My family worked so hard and dedicated so much to build this company over decades. It’s great American history… to see this iconic brand now going in the direction it’s going, it’s really a sad day.”
Busch’s family sold Anheuser-Busch to InBev in 2008.
In the time since the Mulvaney marketing blunder, the company has lost billions in revenue, seen its market value plummet and become a topic of mockery for many of its former consumer base.
Busch told host Stuart Varney that he has yet to make an exact offer, however he is optimistic that he will be able to buy back the company for a “great price.”
“I haven’t made any offer at this point, but I’m sure that it’s probably worth, at this point, pennies on the dollar. I don’t see InBev making money on it right now. It’s probably costing them money. So, maybe they’d really be able to give me a great price to buy it from them,” he continued.
Busch said investment banking companies he’s spoken to have confirmed they would be “in line” to help develop a potential buyback deal.
BUD LIGHT SALES CONTINUE TO PLUNGE, AS ANHEUSER-BUSCH INSISTS US STILL HAS ‘FAVORABLE’ VIEW OF BRAND
“They have talked to me and they’ve told me that if I needed help with investors, bringing on investors and coming up with the proceeds in order to purchase those brands, the Bud family brands, they’d be right there in line to help me,” Busch said.
If Busch successfully reclaims the brand, he promised to return to the company’s “old way” of advertising to bring consumers back to the values it was tirelessly built on.
“Those values were strength, they were pride, quality, honor — what this country is basically based on. And it was also built on fun and enjoyment and bringing people together. And it was never built on pushing a political agenda down your throat,” he argued.
“Transgender culture is unfortunately a very political issue today,” he continued. “My family knew to stay out of that arena because they didn’t want to alienate anyone.”
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In June, CEO Brendan Whitworth told customers “we hear you” but did not apologize for the partnership.
“We recognize that over the last two months, the discussion surrounding our company and Bud Light has moved away from beer, and this has impacted our consumers, our business partners, and our employees.”
“We are a beer company, and beer is for everyone,” he continued. “As we move forward, we will focus on what we do best — brewing great beer and earning our place in moments that matter to you.”
Anheuser-Busch did not immediately respond to Fox News Digital for comment on Busch’s plan.
Fox News’ Gabriel Hayes and Lawrence Richard contributed to this report.
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