Billionaire Elon Musk introduced Friday that social media platform X, previously often called Twitter, will quickly launch two new tiers of premium subscriptions.
“One is lower cost with all features, but no reduction in ads, and the other is more expensive, but has no ads,” Musk stated in a publish on X.
Musk didn’t present extra element on the subscription plans.
Earlier this week, the corporate began charging new customers $1 in New Zealand and the Philippines as a take a look at case for accessing the platform.
New customers who opted out of subscribing will solely be capable to take “read-only” actions, resembling studying posts, watching movies and following accounts, the corporate stated on its web site.
Its “Not A Bot” subscription methodology goals to scale back spam, manipulation of the platform and bot exercise.
Since taking on the platform in October 2022, Musk’s speedy adjustments, together with mass layoffs and disbanding content material moderation groups, have led to advertisers halting advertisements on the service.
Musk has acknowledged that the platform has taken successful on income and has blamed activists for pressuring advertisers.
To generate income, Musk began charging $8 per 30 days for the blue verify subscription service and tried to woo advertisers again to X with low cost presents.
Source: www.dailysabah.com