Skip to Content Facebook Feature Image

Thumzup Unveils Planned Strategic Integration with Elon Musk’s X Corp. (formerly Twitter)

News

Thumzup Unveils Planned Strategic Integration with Elon Musk’s X Corp. (formerly Twitter)
News

News

Thumzup Unveils Planned Strategic Integration with Elon Musk’s X Corp. (formerly Twitter)

2024-12-03 21:02 Last Updated At:21:10

LOS ANGELES--(BUSINESS WIRE)--Dec 3, 2024--

Thumzup Media Corporation (“Thumzup” or the “Company”) (Nasdaq: TZUP), an emerging leader in social media branding and programmatic marketing solutions, announced its plans to redefine digital advertising by integrating its disruptive ad tech platform with Elon Musk’s X Corp. (formerly Twitter), a social media giant with over 535 million monthly active users. This expansion aligns with Thumzup's mission to maximize advertiser reach and turn everyday users into brand ambassadors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241203177671/en/

By integrating with X, Thumzup expands its potential reach to a massive and engaged audience, complementing its existing presence on Instagram. This would position Thumzup for continued growth in the booming digital advertising market which is expected to exceed $1 trillion by 2027. ii

Platform Features Include:

"Our planned integration with X Corp. marks a transformative milestone for Thumzup," said Robert Steele, CEO of Thumzup. "Since our inception, Thumzup has aimed to expand to other social media platforms. Having achieved milestones such as paying out over $250,000 to our users for an approximately 25,000 Instagram posts and recently listing our company on Nasdaq, we are now aggressively moving forward to broaden our reach. We expect this integration to occur by the end of January 2025. Once implemented, it should significantly amplify Thumzup’s impact, enabling advertisers to leverage trusted user voices to drive scalable and authentic engagement."

Additionally, X's broader base of posts due to its more open nature presents a unique opportunity for Thumzup to explore new advertising content not currently permitted on Instagram. This expansion will allow Thumzup to tap into a wider variety of content and advertising strategies, fostering innovation and reaching audiences in new and impactful ways.

About Thumzup®

Thumzup Media Corporation (Thumzup) is democratizing the multi-billion dollar social media branding and marketing industry. Its flagship product, the Thumzup platform, utilizes a robust programmatic advertiser dashboard coupled with a consumer-facing App to enable individuals to get paid cash for posting about participating advertisers on major social media outlets through the Thumzup App. The easy-to-use dashboard allows advertisers to programmatically customize their campaigns. Cash payments are made to App users/creators through PayPal and other digital payment systems.

Thumzup was featured on CBS Los Angeles and in KTLA.

Legal Disclaimer

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements about its potential growth, impacts on the advertising industry, plans for potential uplisting, and planned expansion. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in our filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

ihttps://business.x.com/en/advertising (X Business 2024)
iihttps://www.bccresearch.com/pressroom/ift/pioneering-the-path-to-a-12-trillion-digital-ad-market-by-2027 (BCC Research 2024)

Thumzup to integrate with X (Graphic: Business Wire)

Thumzup to integrate with X (Graphic: Business Wire)

Next Article

Trump's defense pick Pete Hegseth faces deepening scrutiny in Senate

2024-12-04 09:08 Last Updated At:09:10

WASHINGTON (AP) — President-elect Donald Trump's pick for Defense Secretary Pete Hegseth spent a second day Tuesday on Capitol Hill, meeting privately with Republican senators amid rising questions about his ability to effectively lead the Pentagon.

Hegseth told reporters he was planning to sit down with senators, even with those potentially skeptical of his nomination.

“We’re gonna meet with every senator that wants to meet with us, across the board,” Hegseth as he went from office to office Tuesday. “And we welcome their advice as we go through the advice and counsel process.”

Trump tapped the Fox News co-host, who had served in the Army National Guard, as his Secretary of Defense, typically among the first Cabinet posts to be considered by the U.S. Senate for confirmation.

But Hegseth is running into questions amid a sexual assault allegation, which he has denied, and other emerging reports about his work conduct and history.

GOP Sen. Lindsey Graham said some of the reports are “disturbing.”

“I want to make sure that every young woman that joins the military feels respected and welcomed,” Graham told CBS News.

The South Carolina lawmaker told the AP later that he doesn’t know whether to believe the allegations, and Hegseth “has a chance to say that’s true or not true.”

Sen. Josh Hawley, R-Mo., said he's seen the reports. “I’ll get the chance to talk to him, and I’m sure he’ll address them," he said. "But my view is, have the hearing.”

Trump is drawing from the ranks of loyalists to fill his administration and to Cabinet positions, often stunning Washington with unusual choices that are provocative and testing the senators who will be asked to confirm them under the chamber's advise and consent role.

An early pick, Matt Gaetz, the former congressman from Florida, abruptly withdrew from consideration when it became clear that Senate support was crumbling. Gaetz, who had been investigated but never charged in a federal sex trafficking probe, faced a House Ethics investigation over sexual misconduct.

Trump's choices can only afford to lose a few detractors in the Senate, where it takes majority approval to be confirmed. Republicans will have a 53-seat majority in the new year, meaning four GOP votes could sink a nominee, if all Democrats are opposed.

Republican senators have been weighing their options. There have been private discussions among senators about the allegations and how to approach the situation, according to one person granted anonymity to discuss the private conversations.

During a closed-door meeting with about a dozen senators late Monday evening, none asked Hegseth about the allegations against him.

“You know what? The American people care about restoring our military,” said Sen. Ted Cruz, R-Texas, after the meeting. He decried as “shameful” the criticism of Hegseth.

While Republican senators are reluctant to raise questions publicly — and several dismissed the reports outright — many of them indicated he could face tough questions in a confirmation hearing.

“That’s what the process is for,” said Utah Rep. John Curtis, an incoming freshman senator.

Questions about Hegseth and other nominees are “why a background check is important, why a committee investigation is critical,” said Maine Sen. Susan Collins.

Alabama Sen. Tommy Tuberville said after meeting Monday with Hegseth that he is very supportive of the nomination.

But Tuberville said of the allegations: “If it’s to a certain degree, people aren’t going to vote to confirm him.“

Hegseth, 44, was a co-host of Fox News Channel’s “Fox and Friends Weekend” and had been a contributor with the network since 2014. He developed a friendship with Trump, who made regular appearances on the show.

Hegseth served in the Army National Guard from 2002 to 2021, deploying to Iraq in 2005 and Afghanistan in 2011 and earning two Bronze Stars. He lacks senior military and national security experience and would oversee global crises ranging from Europe to the Middle East.

A woman told police that she was sexually assaulted in 2017 by Hegseth after he took her phone, blocked the door to a California hotel room and refused to let her leave, according to a detailed investigative report recently made public.

Hegseth told police at the time that the encounter had been consensual and has denied any wrongdoing.

Pete Hegseth, President-elect Donald Trump's nominee to be defense secretary, is joined by his wife Jennifer Rauchet, left, as they arrive to meet with Sen. Ted Budd, R-N.C., a member of the Senate Armed Services Committee, at the Capitol in Washington, Tuesday, Dec. 3, 2024. (AP Photo/J. Scott Applewhite)

Pete Hegseth, President-elect Donald Trump's nominee to be defense secretary, is joined by his wife Jennifer Rauchet, left, as they arrive to meet with Sen. Ted Budd, R-N.C., a member of the Senate Armed Services Committee, at the Capitol in Washington, Tuesday, Dec. 3, 2024. (AP Photo/J. Scott Applewhite)

Pete Hegseth, President-elect Donald Trump's nominee to be defense secretary, is joined by his wife Jennifer Rauchet, left, as they arrive to meet with Sen. Ted Budd, R-N.C., a member of the Senate Armed Services Committee, at the Capitol in Washington, Tuesday, Dec. 3, 2024. (AP Photo/J. Scott Applewhite)

Pete Hegseth, President-elect Donald Trump's nominee to be defense secretary, is joined by his wife Jennifer Rauchet, left, as they arrive to meet with Sen. Ted Budd, R-N.C., a member of the Senate Armed Services Committee, at the Capitol in Washington, Tuesday, Dec. 3, 2024. (AP Photo/J. Scott Applewhite)

Recommended Articles