Elon Musk is reportedly planning to launch his own news distribution service called XWire which will rival existing platforms for disseminating company PR news and press releases.

In an all-hands meeting with employees addressed by both Musk and

X CEO Linda Yaccarino, the news wire initiative was discussed, reports Bloomberg.

“The duo also referenced ambitions to create a news wire service called XWire, which would rival Cision’s PR Newswire,” the report mentioned, citing sources.
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