Musk says Twitter could cost slight payment for business, authorities customers

roughly Musk says Twitter could cost slight payment for business, authorities customers will cowl the most recent and most present counsel practically the world. get into slowly consequently you perceive competently and accurately. will development your data dexterously and reliably

Could 3 (Reuters) – Elon Musk stated on Tuesday Twitter Inc (TWTR.N) would possibly cost a “slight” payment for business and authorities customers, a part of the billionaire entrepreneur’s push to develop income which has lagged behind bigger rivals like Meta Platforms Inc’s (FB.O) Fb.

“Twitter will all the time be free for informal customers, however possibly a slight price for business/authorities customers,” Musk stated in a tweet. “Some income is healthier than none!” he added in one other tweet.

Twitter declined to remark when contacted by Reuters.

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Final week, Reuters reported that Musk instructed banks he would develop new methods to monetize tweets and crack down on government pay to slash prices on the social media platform firm. learn extra

Musk additionally instructed the banks he deliberate to develop options to develop enterprise income, together with new methods to earn a living out of tweets that comprise essential info or go viral, sources instructed Reuters.

On the annual Met Gala in New York on Monday, Musk stated the attain of Twitter was at the moment solely “area of interest,” and he would need a a lot greater share of the nation to be on it. learn extra

Musk, additionally the chief government officer of high electrical automobile maker Tesla Inc (TSLA.O), has been suggesting a raft of adjustments to Twitter since final month.

In tweets which have been subsequently deleted, Musk advised adjustments to Twitter Blue premium subscription service, together with slashing its value, banning promoting and giving an choice to pay within the cryptocurrency dogecoin.

After inking the deal to purchase Twitter for $44 billion final week, Musk stated he needed to boost the platform with new options, make the algorithms open supply to extend belief, defeat spam bots, and authenticate all people. learn extra

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Reporting by Shivani Tanna, Maria Ponnezhath and Shubham Kalia in Bengaluru; modifying by Uttaresh.V and Subhranshu Sahu

Our Requirements: The Thomson Reuters Belief Rules.

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