Will Twitter Charge A Subscription Fee Soon?

Last updated on May 5th, 2022 at 04:55 am

As Twitter is getting used to Elon Musk’s business strategies, the new one is that a slight fee maybe levied on those from commercial and government quarters making use of the platform.

Musk has already made it clear that he intends to add some new features to the microblogging platform. The ‘edit’ button is the first one on the line for changes; though it is still to be confirmed. While the current CEO Parag Aggarwal has said to have made a huge amount of money for the brand, Musk has thought otherwise.

Maybe this is one reason why the billionaire entrepreneur is wishing to push for a ‘slight fee’ idea in order to grow revenue which has lagged behind larger rivals like Meta Platforms Inc’s Facebook.

His tweet said, “Some revenue is better than none.” While the microblogging site will remain free for causal users, the ones making use of it for other purposes, might land up paying for its use after all.

Related Posts

Last week, a leading media agency reported how Musk had made a declaration to banks that he intends to develop new ways to monetize tweets and crack down on executive pay to slash costs at the social media platform company. Musk also told the banks he planned to develop features to grow business revenue, including new ways to make money out of tweets that contain important information or go viral, sources told the media agency.

Also Read: Power of Twitter: Is it instrumental in escalating the geopolitical conflicts?

Tweets about changes were subsequently deleted; but are worth the mention. Musk suggested changes to Twitter Blue premium subscription service, including slashing its price, banning advertising and giving an option to pay in the cryptocurrency dogecoin.
In a gala dinner, he said he wanted a bigger population to use Twitter. In his opinion, its use for ‘niche’. After inking the deal to buy Twitter for $44 billion last week, Musk said he wanted to enhance the platform with new features, make the algorithms open source to increase trust, defeat spam bots, and authenticate all humans.

Vishwajeet

Recent Posts

Lebanese Politician Urges Hezbollah to Disarm Amid Rising Regional Tensions

In a recent interview with LBCI news channel of Lebanon former MP Fares Souaid warned about growing military tensions in… Read More

November 8, 2024

UAE Sends 288 Tonnes of Aid to Gaza in Ongoing Operation Chivalrous Knight 3

According to the UAE’s state news agency this week two shipments of aid from the UAE entered Gaza through the… Read More

November 8, 2024

Home Hero Sinner Eyes Glory at ATP Finals in Turin

Current world no. 1, Jannik Sinner is also planning to play in the ATP Finals in Turin between the 10th… Read More

November 8, 2024

‘Brutal’ Year: Prince William Opens Up About Family’s Cancer Battles

USA Today reported that Prince William said that this past year was ‘probably the hardest’ of his life due to… Read More

November 8, 2024

UAE and WHO Unite to Evacuate Critically Injured Palestinians from Gaza

In a collaborative humanitarian mission with the World Health Organization the Gulf nation UAE evacuated 86 critically injured patients from… Read More

November 8, 2024

Power Cut to 70,000 Customers in Southern California Due to Wildfire Risk

Southern California Edison the main electric provider in the region intentionally cut power to nearly 70,000 customers overnight as a… Read More

November 7, 2024

This website uses cookies.

Read More