The world’s wealthiest individual intends to overhaul a social media network and will ask users if he should reintroduce Vine.
A fresh story claims that Elon Musk, the newly appointed “CEO of Twitter, is already hard at work optimizing his new holdings.
As stated in the story published on Sunday by the Verge, Musk has asked Twitter staff to increase the price of the Twitter Blue membership plan, making it the only means of maintaining verified-user status.
Based on the article, users who are now authorized by Twitter with the verified account badge – for free – would have 90 days to register for the new $20/month Twitter Blue plan before having their verification deleted.
Following to the Verge, which cited “internal communication” and “anonymous sources,” Musk, who finalized his $44 billion purchases of Twitter on October 27, has given Twitter staff until November 7 to execute the change or face termination.
While he has not provided any direct commentary on the rumored plan, Musk did tweet on Sunday that “The entire verification procedure is being reworked right now.” By Twitter’s current verification standards, “The blue Authenticated badge on Twitter helps users determine that an account of national good is real. If your account meets these criteria, we’ll promote it to blue status.
The latest benefit, enabling users to modify tweets within a half – hour window after sending them, was added to Twitter Blue when it arrived in the middle of 2021.
For increasing Twitter’s income, Musk has already mentioned a number of possibilities. In April, quickly after declaring his original deal to purchase Twitter, Musk hinted that the social media platform would charge “commercial/government users” a fee. Musk said on Twitter on May 3 that the Freemasons” ultimate collapse was due to their free stone-cutting services. “Twitter will remain free for regular users, but there may be a small fee for users in business or government.”
Musk may be testing the market to see how much people are prepared to pay for the blue check mark of Twitter verification by disclosing details about his intentions to charge for verification to the Verge. Jason Calcanis, a software entrepreneur and investor who is partnering with Musk at Twitter to a certain degree, conducted a poll on the topic on Sunday, asking how much users would spend to be confirmed. As of now, 20 percent have said that they would provide anything.
For his part, Dogecoin co-creator Billy Markus, who tweets under the name Shibetoshi Nakamoto, joked about the claim on Sunday: “Sources: The Twitter Account blue verification function will have sixty nine stages, with the highest tier granting you a crown emblem and the right to ban any user.” Musk, who is fond of jokes and memes, informed his Twitter staff that if they wouldn’t completer the project by Monday, he’ll play Nickelback in the workplace.
Soon after closing the sale, Musk made many major shifts at Twitter, including the dismissal of CEO Parag Agrawal and other key executives. In order to avoid paying out ten of millions of dollars in made of gold payouts, Musk is apparently claiming the terminations were “for cause.”
Meanwhile, Musk, who leans to the right, has indicated he wants Twitter to uphold the notion of “free expression,” which some trolls have taken to mean they have carte blanche to indulge in hate speech when the billionaire owns the platform. In the 48 hours following Musk conclude the acquisition, Twitter saw an increase in the usage of N-word and perhaps other insults, which it attributed to a “organized” attempt to violate its dislike and laws against discrimination.
Musk said on Friday that until a new content moderation panel is formed at Twitter with “widely different opinions,” no significant content judgments or account reinstatements would be made. To be quite clear, we have not yet made any modifications to Twitter’s content moderation procedures, Musk said later in the day.
