Stock

Twitter Moves Sideways On Talk It Could Launch Subscription Services

Stock Markets17 minutes ago (May 17, 2021 10:25AM ET)

Twitter Moves Sideways On Talk It Could Launch Subscription Services

By Dhirendra Tripathi

Investing.com – Twitter (NYSE:TWTR) shares erased their early losses and were trading a tad higher amid talk the social media site could opt for a tiered pricing structure for using its platform.

According to tipster Jane Manchun Wong, Twitter’s upcoming subscription service, likely to be called “Twitter Blue,” would be priced at $2.99 a month for now.

Social media platforms are mostly free, and it’s usually difficult to make users pay for the services.

Twitter CEO Jack Dorsey had last year said the company was exploring a subscription model.

A tiered pricing model envisages higher fees for those who want to use more features.  A paid model will enable an ad-free news reading experience.

Wong said one of the features Twitter is testing something called bookmark collections. This will allow users to save their tweets to access them with greater ease later. Letting users undo their tweets, an option many have been asking for, is also being explored, according to Wong.Twitter Moves Sideways On Talk It Could Launch Subscription ServicesAdd a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s