After Hashtags, Elon Musk Introduces Cashtags on Twitter

© AP Photo / Patrick PleulTesla CEO Elon Musk attends the opening of the Tesla factory Berlin Brandenburg in Gruenheide, Germany on March 22, 2022.
Tesla CEO Elon Musk attends the opening of the Tesla factory Berlin Brandenburg in Gruenheide, Germany on March 22, 2022. - Sputnik India, 1920, 22.12.2022
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Elon Musk has been under fire for his sweeping changes at Twitter but it hasn't stopped him from rolling out new features on the platform.
Twitter chief Elon Musk on Thursday introduced "cashtags" on the social network, a unique feature that would cater to the needs of investors, financial experts, and businesses.
Through cashtags, users will get to access charts, infographics, and market trends associated with cryptocurrencies, major stocks, and exchange tarded funds (ETFs), all with the help of a simple tweet.
Besides a cashtag will allow a user to view the latest information related to the share price of a company.
Unveiling the latest product offering on the highly influential messaging app, Musk tweeted this morning: "One of many product improvements coming to financial Twitter! Nice work by Twitter team."
In this file photo taken on October 4, 2022, a phone screen displays a photo of Elon Musk with the Twitter logo shown in the background, in Washington, DC - Sputnik India, 1920, 21.12.2022
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Like a hashtag (#) search on Twitter offers a user all the latest happenings related to it, a cashtag query will give a subscriber the most prominent stock, ETF, or cryptocurrency information with the '$' symbol.
"When you Tweet the symbol of a major stock, ETF, or cryptocurrency with a $ in front of it (like $BTC), people on Twitter see a clickable link that takes them to search results. Starting today, these search results will include the pricing graphs for major symbols," the San Francisco-based organization wrote.
"You can also search for symbols directly, without clicking on a link within a Tweet. Most symbols with and without the $ sign will work in search (QQQ or $QQQ)," the social media behemoth added.
Since acquiring Twitter in a $44 billion deal in October, Musk has brought drastic changes to the microblogging website, including the rollout of an $8 subscription-based plan for verified users named Twitter Blue.
Earlier, Twitter brought out a new service for business account holders.
These offerings at the immensely popular platform come at a time when Musk has confirmed that he will step down as Twitter's CEO after he finds "someone foolish enough" to run it.
"I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams," Musk said on Wednesday.
His decision came after a Twitter poll in which more than 57 percent of users, or 10 million votes, supported Musk's resignation only two months after he took charge of the company.
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