Elon Musk Monetises Twitter After Takeover

The world’s richest man and Twitter’s new owner, Elon Musk, has disclosed that the newly-acquired social media platform will be monetised.

Musk warned that any Twitter handle engaging in impersonation without clearly specifying parody would be permanently suspended.

Twitter issues a warning before the suspension, but it has now declared that there will be no warning while rolling out widespread verification.

This will be clearly identified as a condition for signing up to Twitter Blue.

“Also, any name change at all will cause temporary loss of verified checkmark.” He added.

The platform has also created a feature called “Photos, Videos and GIFs in one tweet”, this feature allows users to add multiple types of media to a single tweet.

What Users Think

Monetising Twitter is not widely accepted by users. While public figures see this as another source of income, others frown at it.

A Twitter user, Amy said ” Twitter has literally been about fleeting thoughts, posted as minimally as possible. Are we leaving this concept and going towards a microblogging approach? I feel like this takes away the whole point of Twitter for the average person and just benefit businesses and public figures.”

Another Twitter user, @DadRevenue tweeted ” the following tweets are essential to the purpose of Twitter and how it works. By looking at a number of examples, we can see that Short-Form tweets are by and large the 1/1272.”

Elon Musk Faces Criticism

After Elon Musk successfully acquired Twitter, he faced different criticism from notable public figures, among which is a former executive of Twitter. Bruce Daisley, Twitter’s vice president for Europe, the Middle East and Africa from 2015 to 2020, said he was devastated by the undemocratic changes at Twitter and would leave the platform with “no hesitation” if there was a good alternative.

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Bruce told the media:

“I think Elon thought he was going to come in and solve everything and very quickly he’s going to work out that it’s far more complicated, It’s pretty evident from every public action that he’s taken with this whole acquisition, he doesn’t know what he’s doing.”

Elon Musk sacked four of the company’s most senior executives and began layoff of employees.

The four senior executives were replaced by his personal lawyer, his chief of staff, a couple investor and a former Twitter executive who left the company some years ago.

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