ISLAMABAD: New Twitter CEO and owner of the social media platform has announced $8 per month fee for verified Twitter accounts having blue ticks.
He said the social media entity will charge $8 per month to verify users´ accounts. Elon Musk said that this strategy would solve the platform´s issues with bots and trolls while creating a new source of income for the company.
Elon Musk announced this just five days after acquiring Twitter for $44 billion on Friday.
“Power to the people! Blue for $8/month,” Musk, who has styled himself as a free-speech champion, tweeted, in reference to the platform´s paid subscription service, Twitter Blue.
According to this new business plan, the paid subscribers would receive Twitter´s blue check-mark that signals a verified and authentic account that will eliminate fake account culture.
Nevertheless, this paid facility is being offered only to public figures, an approach Musk described as a “lords & peasants system.” It means for some time, Elon Musk wants to retail all kinds of Twitter accounts whether fake or genuine.
CEO of Twitter further explained that the Blue subscribers would also receive “priority” placement in “replies, mentions & search.”
Among other advances of Twitter Blue will be the expanded video abilities, fewer ads, and the possibility for users to get a “paywall bypass for publishers willing to work with us.”
At present, Twitter Blue is available to users to access certain news sites for free and without ads, such as the Los Angeles Times.
The Twitter Blue service currently offers various other premium features, such as allowing subscribers to edit their tweets.
