San Francisco, October 25: Twitter (now called X) alternative Pebble has become the first casualty among X rivals who are trying hard to beat Elon Musk-run platform. The micro-blogging startup Pebble (formerly T2), is shutting down and the company said they have run out of time to make Pebble happen, reports TechCrunch. The app reached 3,000 daily active users, out of 20,000 registered users.

The daily user figure dropped to 1,000 following its rebranding from T2. 슬롯사이트I think the competitive landscape evolved faster than we had thought. I didn슬롯사이트t think that quite as many people -- established organisations and newcomers -- would try to do the same thing that we were doing and in very similar ways,슬롯사이트� said Pebble Co-founder and CEO, Gabor Cselle.슬롯 머신 사이트 추천Apple Event on October 30: American Tech Giant Announces 슬롯사이트Scary Fast슬롯사이트� Product Launch Just Before Halloween.

Today, the market for X alternatives is crowded with platforms like Instagram슬롯사이트s Threads, open source-based platform Mastodon, Jack Dorsey-backed Bluesky and more. 슬롯사이트We weren슬롯사이트t growing fast enough to convince investors of a breakout,슬롯사이트� Cselle wrote in a Pebble post. 슬롯사이트With many alternatives in space, the challenge was even greater. We needed more investment and time to fully realize Pebble,슬롯사이트� he added.

As Pebble shuts down, early adopters will have the option of exporting their Pebble posts as a zip file. Pebble won슬롯사이트t direct users back to X or any other social network. Pebble is also returning a small amount of the funds left over to its investors, the report mentioned. Meanwhile, X under Musk is witnessing around 500 million posts per day.슬롯 머신 사이트 추천Lenovo, Nvidia Announce Hybrid AI Solutions to Help Enterprises Quickly Adopt Generative AI.

In a bid to retain users on its platform, X has paid nearly $20 million (more than Rs 166 crore) to creators so far, according to its CEO Linda Yaccarino. According to her, the company will be profitable by early 2024, adding that the platform may now have 200-250 million daily active users.

(The above story first appeared on LatestLY on Oct 25, 2023 10:35 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).