The feature, to be rolled out in May, will enable users who do not “sign up for a monthly subscription to pay a higher per article price for when they want to read an occasional article”, billionaire owner Musk tweeted.

On Friday, Musk had said that Twitter will take a 10% cut on content subscriptions after the first year, noting that the company will not take a cut for the first 12 months. These subscriptions include long-form text and hours-long video.

Rolling out next month, this platform will allow media publishers to charge users on a per article basis with one click.

This enables users who would not sign up for a monthly subscription to pay a higher per article price for when they want to read an occasional article.…

— Elon Musk (@elonmusk) April 29, 2023

Daily Dates Nigeria recalls recent changes by Musk to boost revenue at Twitter after the social media platform saw advertising income drop last year in the run-up to his on-again-off-again acquisition that closed.

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Beyoncé, Harry Kane, Richard Osman and Victoria Beckham are among those to have their blue tick back.

Before the platform was bought by Elon Musk, the blue tick was a badge of verification given for free by Twitter.

Twitter badge is a tool of authentication, designed to help stop fake accounts and the spread of misinformation.

Now it is a symbol that an account has subscribed to a premium service called Twitter Blue – and there is a verification process attached with making the payment. There are various prices depending on where the subscription is made but it is around $8 per month.

Those with a blue tick from the original verification process, who decided not to pay the subscription fee, began losing their ticks on 20 April.

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Twitter verification badge is a system intended to communicate the authenticity of a Twitter account.

On buying a blue tick @hadizel?: I have no intention of making a very rich man @elonmusk even richer. No, thanks. You can keep your blue tick. I no go buy am, ma! https://t.co/pdrdUojAs4

— Nasir Ahmad El-Rufai (@elrufai) April 22, 2023

Elon Musk recently struck removing the verified badge on accounts of top personalities and celebrities across the globe.

In his reaction to question asked by a follower on Twitter, Nasir El-Rufai wrote: “On buying a blue tick @hadizel?: I have no intention of making a very rich man @elonmusk even richer. No, thanks. You can keep your blue tick. I no go buy am, ma!”

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Accounts of world leaders, celebrities have been hit by the development.

Pope, Donald Trump and Justin Bieber have lost their blue badge.

Owner Elon Musk, who invested $44 billion in buying Twitter earlier pledged to get rid of what he described as a “lords & peasants system.”

He offered instead to sell the blue badge to anyone who would pay $8 a month, in a move he said last year would “democratize journalism & empower the voice of the people.”

Earlier dates set for the rollback of the ticks — predominately used by celebrities, journalists and politicians — have slipped by without noticeable action.

But on Thursday high-profile accounts, as well as those of many reporters at AFP and other news organizations, appeared to have had the checkmarks removed.

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A company-wide email seen by AFP says Twitter employees will receive word via email at the start of business Friday, California time, as to what their fate is.

It does not give a number but the Washington Post and New York Times reported that about half of Twitter’s 7,500 employees will be let go.

“In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce,” the email said.

Twitter employees have been bracing for this kind of bad news since Musk completed his mammoth $44 billion acquisition late last week and quickly set about dissolving its board and firing its chief executive and top managers.

A workplace and employee review and other projects ordered by Musk were reportedly so exhaustive and grueling that some engineers slept at Twitter headquarters over the weekend.

The email sent Thursday told workers to go home and not report for work on Friday.

“Our offices will be temporarily closed and all badge access will be suspended,” the email said. Those on the way to the office should turn around and return home.”

The email acknowledged that Twitter is going through “an incredibly challenging experience.”

“We recognize that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is, unfortunately, necessary to ensure the company’s success moving forward,” it added.

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Users verified by the platform – who carry a blue tick flagging them as a trustworthy source – would have 90 days to sign up to Blue or lose their check mark.

Musk did not comment directly on the story but tweeted to his more than 110 million followers on Sunday that “the whole verification process is being revamped right now.”

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Elon Musk in a recent post insisted it was a “best and final offer” and that he was the only person capable of unlocking the full potential of the platform.

Musk offered $54.20 a share, which values the social media firm at $43.4 billion, in a filing dated Wednesday, April 13 with the Securities and Exchange Commission.

Twitter’s board said it would carefully review what it termed Musk’s “unsolicited, non-binding” offer and decide on a course of action that was “in the best interest of the Company and all Twitter stockholders.”

Musk’s latest move toward Twitter comes just days after he turned down a seat on the board following his acquisition of a 9.2 percent stake in the microblogging platform.

“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” Musk said in his filing.

“However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form,” he said.

“Twitter needs to be transformed as a private company. As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter.”

Currently the world’s richest man, and with more than 80 million followers on the microblogging platform, Musk last week disclosed the purchase of 73.5 million shares — or 9.2 percent — of Twitter’s common stock. His announcement sent Twitter shares soaring more than 25 percent.

AFP

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