Ever since Elon Musk took over Twitter last week, there have been major changes in the social media company.
Lots of senior executives including Parag Agrawal (CEO), Vijaya Gadde (legal affairs and policy chief), Ned Segal, (CFO), and Sean Edgett(General Counsel) left Twitter.
Recently, in a stock market filing, Tesla's founder revealed he will serve as the CEO of Twitter. There is no mention of whether this arrangement is temporary or not.
Speculations were rife that Twitter may charge up to a $19.99(around Rs 1653.46)/month premium for a Blue subscription, almost four times the current tariff of $4.99 (roughly Rs 412.74/month).
Blue subscribers are entitled to access premium features such as a verified blue badge, edit tweet, and undo send options in addition to a bookmark folder, custom theme, interface, and ad-free articles.
But, several users complained the rumoured fee was too high and may forego the blue verification checkmark.
Popular writer Stephen King too joined the chorus and said, Twitter should pay him instead and not the other way around.
To that, Twitter's new boss Elon Musk said the company just can't entirely run on advertisements and how about $8 (approx. Rs 661.72) for the service.
So far, Stephen King has not responded yet. But, others have chimed in suggesting Musk to further lower the subscription and also possibly add ways to pay using Dogecoin cryptocurrency.
"I will explain the rationale in a longer form before this is implemented. It is the only way to defeat the bots & trolls," concluded Musk.
Must read | Key benefits of Twitter Blue service
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