51
Elon Musk says Twitter, now X, could charge all users subscription fees
(www.theguardian.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 19 Sep 2023
51 points (75.8% liked)
Technology
34867 readers
78 users here now
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
founded 5 years ago
MODERATORS
This is the best summary I could come up with:
Speaking in a meeting with Benjamin Netanyahu, the Israeli prime minister, the Tesla CEO and world’s richest person suggested that X was going to charge its user base.
Currently, Twitter only charges users for its subscription service X Premium, which offers perks such as a verified account checkmark and costs $11 a month in the US for iPhones and £11 in the UK.
Musk, who has a history of making impromptu statements, did not confirm whether X would definitely push ahead with a charging policy.
Musk has raised the prospect of a paywall as the platform battles an entrenched decline in advertising, its main source of income.
Musk has said an advertiser boycott, spurred by concerns over his leadership of the platform and its management of inappropriate or hateful content, has caused ad revenue to decline by 60%.
Netanyahu said he hoped Musk would find ways within the confines of the first amendment to clamp down on antisemitism and other forms of hatred on X.
The original article contains 405 words, the summary contains 165 words. Saved 59%. I'm a bot and I'm open source!