Business
Elon Musk will begin charging the cash for the Twitter Blue subscription from the next week
Elon Musk will begin charging for the Twitter Blue subscription by next Monday. A new report has surfaced claiming that the organization intends to present the revamped version of the verification process and the $8 Twitter Blue subscription by next week. In a week under Musk, Twitter has been seeing a large number of changes. Notwithstanding, for clients, this will be the greatest yet.
Twitter Inc. aims to begin selling blue verification badges for user profiles when one week from now, part of a plan by new owner Elon Musk to battle fake accounts and squeeze revenue from the organization he purchased for $44 billion.
The badges will be part of an $8-a-month subscription that could go live as soon as Monday, as indicated by individuals acquainted with the plans. Users who already have a blue verification badge will have a multi-month grace period before they will either have to pay for the badge or lose it, expressed one individual, who requested anonymity discussing plans that aren’t public.
A report by Bloomberg, refering to individuals acquainted with the matter, states that Elon Musk is taking the new Twitter Blue feature live one week from now as part of his plan. He is expecting to fund his battle against bots and fake accounts with this change.
The organization likewise plans to extend access to its edit function. The edit feature, right now accessible to so-called Twitter Blue clients who pay $4.99 every month, will be opened to the rest of the users for free, one of the people said. That change could be implemented when this week, the individual said.
Billionaire Elon Musk and a nearby unit of advisers are thinking about a host of changes to how Twitter is run and makes money, and it’s conceivable that the timing for the subscriptions and edit-button rollout could change, individuals said.
What about existing blue tick verified holders?
Elon Musk confirmed holders will keep on involving it for a beauty period. This beauty period could run into a couple of months. An earlier report proposed that Musk will give existing checked account holders 90 days to move to the new Twitter Blue membership model.
Cost of Twitter Blue
Elon Musk has declared a subscription fee of $8 per month for clients in the US. For different markets, the organization will change the price account to the respective purchasing power parities (PPPs). For India, the pricing could range from Rs 150-Rs 200 (simply by representing PPP).
Elon Musk hasn’t affirmed the date of the rollout. In any case, Twitter representatives are purportedly working full speed to carry out a portion of these features. Earlier reports recommended that Musk has provided the engineers with a deadline of November 7 to roll out every one of the improvements or leave the organization.
One week since Elon Musk’s Twitter Takeover
It has been only one week since Elon Musk’s Twitter takeover. In any case, the platform is seeing a sea of changes ranging from a redid Twitter verification system to a new moderation council that will be founded. The organization has likewise the entirety of its former executives. Musk fired the whole board of directors after the takeover. Presently, he is the sole director as well as the CEO of Twitter. In any case, he claims that the position of CEO is temporary.
Twitter will permit government accounts to remain verified, as well as those in regions where Twitter can’t charge payment, one individual said. White House Press Secretary Karine Jean-Pierre said prior Wednesday that the president and his administration had not yet thought about whether it would pay to hold verification.
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