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An attempt was made to re-brand PayPal to X before this Twitter situation (biz.crast.net)

submitted 1 year ago by KrisND@lemmy.world to c/therewasanattempt@lemmy.world

15 comments fedilink hide all child comments

Elon Musk has tried to re-brand PayPal as "X" years ago and was shot down due to focus groups stating it reminded them of adult websites.

Thiel and PayPal co-founder Max Levchin plotted a coup against Musk while he was on his first vacation in years. The board fired Musk as CEO in September 2000 and replaced him with Thiel. Thiel formally changed the name of the combined company to PayPal in 2001.

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[-] b000urns@lemmy.world 29 points 1 year ago

Not idiots apparently. Still dislike PayPal however

[-] objectionist@lemmy.world 24 points 1 year ago

paypal sucks, but at least it sucks with dignity!

[-] Junkers_Klunker@lemmy.world 5 points 1 year ago

The best kind of sucking

[-] DragonTypeWyvern@literature.cafe 1 points 1 year ago

Jokes aside, no.

No it is not.

[-] HeyThisIsntTheYMCA@lemmy.world 1 points 1 year ago

I dunno I'd rather a monocle be involved somewhere

[-] b000urns@lemmy.world 1 points 1 year ago

😂

[-] fluckx@lemmy.world 4 points 1 year ago

Same. Registered for an account once and tried to pay on several sites and it just failed becaused the account was too new ( probably ).

Eventually I transferred the funds to steam and deleted the account. What a feckin pile of rubbish.

[-] runblack@reddthat.com 2 points 1 year ago

At least it supports 2FA with hardware keys. Something that seemingly no bank is able to support after years and years have passed...

[-] DragonTypeWyvern@literature.cafe 17 points 1 year ago

Reminder that Musk became a mega millionaire by riding the .com bubble and scamming Compaq.

This is what made him a billionaire, Peter Thiel forcing him out of leadership.

[-] Poggervania@kbin.social 11 points 1 year ago

Can Elongated Muskrat just rename himself to X at this point?

[-] GombeenSysadmin@feddit.uk 10 points 1 year ago

There’s a GREAT Twitter thread explaining everything that went on with this. Although I think you need an account there these days to read it all.

[-] Odo@lemmy.world 10 points 1 year ago

Nitter still works. No login needed.

[-] GombeenSysadmin@feddit.uk 5 points 1 year ago

Excellent, thanks for that

[-] yoz@aussie.zone 3 points 1 year ago

When you have billion dollars I doubt he cares what imUS regulars really think. Also, we , regulars keep complaining no matter what

this post was submitted on 22 Aug 2023

187 points (100.0% liked)

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