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Tesla CEO Elon Musk, proven right here in March, proposed a collection of modifications to Twitter’s subscription service, together with value modifications and the choice to pay in dogecoin.
Patrick Pleul | AFP | Getty Photographs
Elon Musk is tweeting about Twitter once more.
This time, he is provide you with a slew of options for Twitter Blue, the social media big’s subscription service. They embody a value lower, the choice to pay in dogecoin and banning advertisements.
The billionaire CEO of Tesla and SpaceX — who now owns 9.2% of Twitter — is a prolific Twitter consumer, typically transferring markets along with his tweets.
He was appointed to Twitter’s board of administrators on Tuesday and mentioned he appears ahead to working with the board to make “important enhancements to Twitter within the coming months.”
Launched in June, Twitter Blue is the social media big’s first subscription service for these keen to pay for unique entry to particular options — comparable to an “Undo Tweet” characteristic, custom-made Twitter app icons and the flexibility so as to add bookmarks.
In a series of tweets on Saturday, Musk instructed there ought to be no advertisements and that the subscription value be lower.
“Everybody who indicators up for Twitter Blue (ie pays $3/month) ought to get an authentication checkmark,” he tweeted.
“Value ought to most likely be ~$2/month, however paid 12 months up entrance & account would not get checkmark for 60 days (look ahead to CC chargebacks) & suspended with no refund if used for rip-off/spam,” he mentioned.
“And no advertisements. The facility of companies to dictate coverage is vastly enhanced if Twitter relies on promoting cash to outlive,” he added.
Musk additionally proposed that the pricing “ought to be proportionate to affordability & in native forex.”
“Possibly even an choice to pay in Doge?” he instructed, referring to the cryptocurrency.
Twitter has but to answer CNBC’s request for remark.
The Twitter Blue service is on the market in solely the U.S., Canada, Australia and New Zealand.
The undo characteristic lets subscribers change their tweet earlier than it goes reside. It’s not an edit characteristic, which Twitter customers have typically requested. “It isn’t an edit button, however an opportunity to preview and revise your Tweet earlier than it is posted for the world to see,” the corporate has mentioned.
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