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Daily chat gets a dose of X-factor

Financial Express Chandigarh

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June 30, 2025

TAKING ON META COULD PROVE A TALL ORDER FOR ELON MUSK'S MESSAGING APP

- CHRISTINA MONIZ

WHATSAPP MIGHT BE the most popular chat platform, but it's not exactly synonymous with privacy. While the Meta platform has added many layers of protection over the years, competing apps like Signal and Telegram have taken advantage of this to nibble away at its market share. Now Elon Musk has thrown his hat into the ring with the launch of XChat, a messaging feature unveiled earlier this month to push X into the territory of "private and secure communication".

While X had a DM feature earlier, XChat is a complete overhaul of the existing system. According to Musk, XChat is built on a "whole new architecture" that incorporates what he describes as "Bitcoin-style encryption" to enhance privacy. He has also announced that his ambition is to transform X into an "everything" app that offers messaging, media and even dating. XChat is currently available to some paid X subscribers, as per TechCrunch.

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Financial Express Chandigarh

Apple tops 2025 smartphone mkt

GLOBAL SMARTPHONE SHIPMENTS rose 2% year- on-year in 2025, lifted by stronger demand and eco- nomic momentum in emerging markets, Counter- point Research said on Mon- day. Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone 17 series, said Counterpoint analyst Varun Mishra.

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1 min

January 13, 2026

Financial Express Chandigarh

Dollar drops most in three weeks

THE DOLLAR DECLINED the most in almost three weeks as the Federal Reserve faced grand jury subpoenas from the Justice Department, reviving concerns over political interference in monetary policy.

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1 min

January 13, 2026

Financial Express Chandigarh

PSLV mission fails again, second since May 2025

MISSION WAS CARRYING 1 EARTH OBSERVATION SATELLITE, 14 PAYLOADS

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2 mins

January 13, 2026

Financial Express Chandigarh

Trump weighing very strong options in Iran

IRAN SAID ON Monday it is keeping communications open with the US as President Donald Trump weighed responses to a deadly crackdown on nationwide protests, which pose one of the stiffest challenges to clerical rule since the 1979 Islamic Revolution.

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1 min

January 13, 2026

Financial Express Chandigarh

After AGR relief, ARPU growth is Vi's top priority

Analysts flag ₹340 target as spectrum payments kick in

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2 mins

January 13, 2026

Financial Express Chandigarh

Deutsche's India biz gets Kotak, Federal bids

DEUTSCHE BANK'S INDIA retail assets and wealth management have drawn binding bids from Kotak Mahindra Bank and Federal Bank, according to people familiar with the matter, as the local lenders pounce on opportunities from foreign players seeking to exit the crowded banking market.

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1 min

January 13, 2026

Financial Express Chandigarh

PLI push planned for small aircraft manufacturing

· Announcement likely in Budget for FY27

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2 mins

January 13, 2026

Financial Express Chandigarh

Direct tax receipts increase 9% to ₹18.4 lakh cr on slower refunds

THE DIRECT TAX collection after refunds till January 11 of the current financial year recorded a growth of 8.82% on-year, compared with a budgeted growth target of 13.2% over FY25 actuals.

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1 min

January 13, 2026

Financial Express Chandigarh

Anup Saha joins Kotak Bank as whole time director

KOTAK MAHINDRA BANK on Monday announced that Bajaj Finance's former MD Anup Kumar Saha will oversee its consumer banking vertical.

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1 min

January 13, 2026

Financial Express Chandigarh

UK investigates X over Grok deepfake concerns

UK REGULATORS HAVE opened a probe into Elon Musk's X as backlash mounts worldwide over the thousands of sexually suggestive images generated by the artificial intelligence tool Grok on the social media platform.

time to read

1 min

January 13, 2026

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