Elon Musk, who's within the technique of buying Twitter, introduced the newest change he's envisioning for the platform: that some customers should pay to make use of the service.
“Finally, the downfall of the Freemasons was gifting away their stonecutting providers for nothing,” Musk tweeted Tuesday.
“Twitter will all the time be free for informal customers, however perhaps a slight price for industrial/authorities customers,” he continued.
Twitter is free for customers in the meanwhile, but additionally affords a subscription-based product known as Twitter Blue in 4 international locations: the U.S., Canada, Australia and New Zealand. The fee for U.S. customers is $2.99 per thirty days.
In tweets which have since been deleted, Musk known as for modifications to Twitter Blue, together with lowering the associated fee for subscribers and eradicating advertisements, in accordance with The Guardian.
Final month, Twitter’s board accepted Musk’s supply to purchase the corporate for about $44 billion. The settlement features a $1 billion termination charge, which Musk should pay if he walks away from the deal, in accordance with Bloomberg.
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital city sq. the place issues very important to the way forward for humanity are debated,” Musk mentioned in a press launch saying the settlement. He additionally mentioned he'll change algorithms and eliminate spam bots on the social media platform.
Critics of Musk’s free speech absolutism have famous that Twitter is already a platform the place ladies, racial minorities and different marginalized teams are focused for harassment, and his proposed hands-off method might solely make the issue worse.
The billionaire has additionally tweeted in assist of end-to-end encryption on direct messages, and polled his now over 90 million followers on the creation of an edit button.
Musk spoke about his imaginative and prescient for Twitter whereas attending the Met Gala on Monday. His objective for the platform is to “have a service that's as broadly inclusive as doable, the place ideally most of America is on it, and speaking,” Musk advised reporters on the purple carpet.
Regardless of its cultural significance, Twitter is a smaller enterprise in comparison with a few of its well-known rivals.
The corporate is ranked No. 15 by variety of month-to-month lively customers, as of January 2022, in accordance with Statista. By these metrics, Twitter has 436 million month-to-month lively customers, whereas Fb, which is on prime of the listing, reaches over 2 billion customers.
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