Since Elon Musk’s purchase of Twitter was finalized, there has been a lot of talk about the social media network. So far, it appears that every announcement made by the firm pushes users further away.
Elon Musk recently revealed that the price of the Twitter Blue membership service will increase to $8 per month from its existing $5 per month cost, an increase of around 60% or $3. Additionally, he stated that the prices would be changed to reflect the buying power parity of other nations.
There is a proposal to expand the subscription options along with the price rise. The company has already tested longer movies and music before selling the platform, and it is said that consumers will see fewer ads and have access to these features.
Elon Musk claims that giving subscribers priority in answers, mentions, and searches is necessary to cut down on spam on the network. The way the verification checkmark functions, though, is where the biggest difference occurs.
The profile verification will be linked to a Twitter Blue subscription and will only be accessible to individuals who have paid for the subscription, Musk announced in a tweet. Additionally, it is said that in order to maintain the verified blue checkmark, the current verified will also need to purchase the membership.
Earlier, there were several circulating stories suggesting that the monthly subscription fee may rise to $20. Musk proposed a reduced price of $8 a month when renowned author Stephen King questioned the decision and the tweet went viral, and the price now appears to have been set.
According to sources, Elon Musk has mandated company-wide layoffs that might affect up to 50% of the company’s existing staff of roughly 7,500 people. Although the precise timing of the layoffs is not yet known, given how quickly things are moving along, we anticipate hearing some news soon.