You may have to pay a fee for the Twitter service. New boss Elon Musk is considering moving Twitter to subscription mode. This has been claimed in a report by the platformer. Musk discussed this idea with employees in a recent meeting.
Musk plans that users get limited-time access for free. After this, you have to buy a subscription to tweet. However, how long this will take and whether Musk is seriously working on it is not yet clear. The report states that the company's team is currently working on a new verification subscription feature.
There are 3 reasons why Musk is thinking of switching to subscription mode.
1. The company is incurring a loss of 32 crores daily.
2. Musk has bought Twitter for $44 billion. For this, shares of electric vehicle company Tesla have been sold for $ 4 billion. They want to make up for it.
3. Want to increase the revenue of Twitter?
We are also making changes to this.... so far 2 major changes have been made.
About half the employees have also been fired for cost-cutting. After the layoff, Musk said, "When the company is losing $ 4 million (Rs 32.77 crore) a day, we have no option but to lay off employees.
Musk recently launched a Twitter Blue subscription for $8 in some countries. If people don't buy it, they will lose their verified checkmark. This subscription to India will be launched within a month. That's why people are assuming that Musk can charge fees for using Twitter.
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