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TheEntrepreneurPost > Technology > Elon Musk to find new source of revenue for Twitter
Technology

Elon Musk to find new source of revenue for Twitter

Jennifer Wells
Last updated: 2023/10/07 at 10:15 AM
By Jennifer Wells
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Elon Musk to find new source of revenue for Twitter
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Elon Musk has made important adjustments to the favored social media platform Twitter since shopping for the corporate final week.

Contents
Twitter BlueAdjustmentsAdvantages of the service

After eradicating prime executives from the corporate, Musk is now specializing in income from the platform.

Twitter Blue

As Twitter’s new CEO, Musk shared his intention to make the social media platform much less reliant on promoting for income.

Specifically, he’s considering of Twitter’s premium service, Twitter Blue.

Twitter Blue is at present accessible in 4 international locations for $4.99 month-to-month.

In keeping with Musk, he plans to extend the value to $8.

Probably the most important change, nevertheless, is that Twitter Blue could have a blue tick subsequent to the person’s deal with.

The blue checkmark is commonly seen on verified profiles, most of which belong to organizations, athletes, celebrities and web celebrities.

Elon Musk’s plan serves to reply claims that the service would value $20.

Adjustments

Tesla’s founder and CEO revealed his financial plan in tweets.

Elon Musk talked in regards to the present system, describing it as “bull****.”

He plans to supply the verification service to customers who’re prepared to spend cash each month.

The subscription service prioritizes interactions, feedback and mentions for payers.

It additionally doubles as a way to fight spam.

Advantages of the service

Customers who pay for the service can submit longer movies and audio.

Moreover, Elon Musk says the change will see half of the adverts that different customers see.

In the meantime, publishers who need to work with the social media platform will get a paywall bypass.

One other key function that customers who pay for Twitter Blue get is the flexibility to edit their very own tweets lastly.

For now, it is just enabled for Blue customers.

Nevertheless, based on Casey Newton of Platform, it’ll quickly be free for everybody.

The arrival of the brand new replace is a query of if and when, and upon arrival, customers can write a secondary tag.

Secondary tags are at present unique to high-profile politicians.

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By Jennifer Wells
Jennifer Wells, a renowned name in business journalism, leverages over a year of experience to provide top-notch news coverage and analysis.
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