Elon Musk proposes changes to Twitter’s subscription service, including price cut and Dogecoin payment | Science and technology news
Elon Musk, Twitter’s largest shareholder, has proposed a number of changes to the social media giant’s premium subscription service, including lowering the price and allowing users to pay with the cryptocurrency Dogecoin
Launched in July 2021, Twitter Blue is the site’s first subscription service, currently available in the US, Canada, Australia and New Zealand.
The service, which costs $2.99 (£2.30) a month, offers users a 30-second edit feature to revise tweets, the ability to bookmark folders, and a “reader mode” to condense long threads.
But now the Tesla founder, just a few days after him announced a 9.2% stake in Twitterhas proposed several changes, including a price drop and the ability for users to play with Dogecoin and local currency.
Users should also get a tick that resembles a blue confirmation tick, he said.
“The price should be likely [less than] $2/month but prepaid 12 months and account will be unticked for 60 days (watch out for credit card chargebacks) and suspended with no refund if used for fraud/spam,” tweeted Mr. Musk.
“And no ads,” Mr Musk suggested. “Corporate power to dictate policy is greatly enhanced when Twitter depends on advertising money to survive.”
Twitter declined to comment on its proposals.
Mr Musk also launched a poll on his Twitter account – which has more than 81million followers – asking whether the company’s San Francisco headquarters should be converted into a homeless shelter since “no one is showing up (to work there)”.
The poll received more than 300,000 votes in an hour, with 90% answering yes.
Continue reading: Twitter confirms it’s working on an editing feature
After Musk bought his stake, worth nearly $3 billion
Several employees who spoke to Reuters said Musk’s views on moderation could weaken years of efforts to make Twitter a place for healthy discourse and allow trolling and mob attacks to flourish.
After Donald Trump’s ban on Facebook and Twitter, the billionaire tweeted that many people would be unhappy if US tech companies acted “de facto as arbiters of free speech.”