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    AI 🤖Business 💼Cryptocurrency 💰Economy 🏛️Politics 🥸Stock Markets 🤑Technology 🛠️
    Posted 9/18/2023, 7:51:00 PM

    Musk Floats Twitter Subscription Fee to Fight Bots and Boost Revenue After Mass Layoffs

    • Elon Musk suggested charging users a fee to use Twitter/X, possibly making it a subscription-only platform.

    • Musk claims this could help eliminate bot problems.

    • Twitter ad revenue has dropped 50% since Musk bought it.

    • Twitter Blue currently costs $8/month for verified checkmarks and other benefits.

    • After buying Twitter, Musk fired top management and cut about 80% of the workforce.

    variety.com
    Relevant topic timeline:
    7/11/2023
    Threads and the Social/Communications Map
    This article discusses the launch of Meta's new social network, Threads, and its potential impact on Twitter. - The author analyzes the meme tweeted by Mark Zuckerberg and its connection to Threads being a Twitter clone. - The article explores the evolution of social media and user-generated content, highlighting the rise of TikTok. - The author presents a new Social/Communications Map that categorizes different social networks based on sorting algorithms and user-generated content. - The article examines the changes made by Twitter and Instagram in their timeline algorithms and the potential consequences of these changes. - The author questions whether Threads will be successful in attracting users and whether Twitter should focus on its core strengths to compete.
    7/11/2023
    Threads and the Social/Communications Map
    The main topic of the article is the competition between Meta's Threads and Twitter, and the potential impact of Threads on Twitter's user growth. Key points: 1. Meta CEO Mark Zuckerberg tweeted a meme that hints at the differences between Threads and Twitter, suggesting that Threads is stealing what Twitter and Elon Musk have always wanted. 2. The article discusses the evolution of social media and user-generated content, highlighting the rise of TikTok and its algorithmic approach to content discovery. 3. The author presents a Social/Communications Map that categorizes different social media platforms based on their sorting algorithms and the type of content they prioritize. 4. The article explores the changes Twitter and Instagram have made to their platforms, with Twitter moving towards algorithmic selection and Instagram focusing on user-generated content. 5. The author speculates on the potential success of Threads and the impact it could have on Twitter, questioning whether users abandoned Twitter because of the platform itself or because it was difficult to get started.
    8/15/2023
    Substack expands further into social networking with a new ‘Follow’ button
    Main topic: Substack introduces a new feature to allow users to follow writers, making the platform more like a social network. Key points: 1. Users can now follow writers on Substack without subscribing to their newsletter. 2. Following helps writers grow their audience and offers a lightweight way to start a relationship. 3. Substack's new feature brings the platform closer to competing with X (formerly known as Twitter). Hint on Elon Musk: Elon Musk took the reins of Substack last year and the company has been working on developing social networking features to compete with X.
    8/15/2023
    X, formerly Twitter, slowed down access to Threads, The New York Times, Bluesky and more
    Main topic: X (formerly known as Twitter) throttling traffic to websites disliked by Elon Musk. Key points: 1. X slowed down access to websites including The New York Times, Instagram, Facebook, Bluesky, Threads, Reuters, and Substack. 2. These websites have been publicly attacked by Musk in the past. 3. The delays potentially affected the traffic and ad revenue of these companies. Hint on Elon Musk: Musk has previously blocked links to competitors, called the New York Times "propaganda," and took away their verification check mark. He has also feuded with Mark Zuckerberg and threatened a cage fight.
    8/16/2023
    X (formerly Twitter) makes X Pro (formerly TweetDeck) a subscriber-only product
    Main topic: Elon Musk-owned social network X (formerly Twitter) has made TweetDeck a subscriber-only product. Key points: 1. TweetDeck, previously a free tool, is now only accessible to subscribers of X Pro. 2. This move affects social media managers, journalists, and power users who relied on TweetDeck for tracking lists and trends on Twitter/X. 3. Under Musk's ownership, X has introduced various subscription offerings, including verification marks, longer text and video posts, fewer ads, encryption in DMs, and ad revenue sharing. Hint on Elon Musk: Elon Musk is the owner of social network X (formerly Twitter) and has implemented changes such as making TweetDeck a subscriber-only product and introducing various subscription offerings.
    8/16/2023
    X, formerly Twitter, now sorts posts by like count on profiles when signed out
    Main topic: X (formerly Twitter) changes post sorting method and makes X Pro (formerly TweetDeck) a subscriber-only product. Key points: 1. X (formerly Twitter) now sorts posts by like counts when users are logged out, instead of the order in which they were posted. 2. Posts still appear in chronological order on profiles when logged in, but are sorted by performance when logged out. 3. X Pro (formerly TweetDeck) is now only accessible to verified users as a subscriber-only product. Hint on Elon Musk: Elon Musk took over as the head of X (formerly Twitter) last year and has implemented several changes since then.
    8/17/2023
    Musk says X will address shadowbanning ‘soon,’ but former Trust & Safety exec explains why that will be difficult
    Main topic: Elon Musk addressing the lack of transparency around "shadowbanning" on X (formerly known as Twitter). Key points: 1. Musk apologizes for the delay in addressing the issue and explains the challenges faced by X in providing data to users. 2. Shadowbanning has been a concern on Twitter, with users unaware of being penalized for their tweets. 3. Musk insists that users should have the right to know if they've been shadowbanned and mentions a ground-up rewrite of X's codebase to simplify the process. Hint on Elon Musk: Musk took over Twitter and attempted to prove the existence of shadowbanning by releasing information, but it only provided a behind-the-scenes look at social media moderation. He acknowledges the difficulties in tackling the problem and mentions ongoing efforts to simplify the codebase.
    8/17/2023
    Tumblr is rolling out a new web interface, and it looks a lot like X (formerly Twitter)
    Main topic: Tumblr's new web browser look and its attempt to attract new users. Key points: 1. Tumblr has rolled out a new navigation interface that resembles Twitter (formerly known as X) to make it easier for users to understand and explore the platform. 2. The changes were made based on user feedback during the testing phase and include tweaks to settings, messaging windows, and the Account section. 3. Tumblr saw an increase in new users after Elon Musk took over Twitter, and it may be trying to attract more users by making its platform look more like Twitter. Hint on Elon Musk: Elon Musk took over Twitter (formerly known as X), which led to an increase in new users on Tumblr.
    8/18/2023
    Threads app’s latest update gives more prominence to reposts
    Main topic: Updates to the Threads app to prioritize reposts on the social network. Key points: 1. Threads app has introduced a dedicated "Reposts" tab on the profile page. 2. Users can now see reposts in the reverse-chronological "Following" feed. 3. These updates aim to increase engagement on the app. Hint on Elon Musk: Elon Musk is a prominent figure in the tech industry, known for his role as the CEO of companies like Tesla and SpaceX. He is also known for his ambitious goals, such as colonizing Mars and developing sustainable transportation solutions.
    8/18/2023
    Searching for a TweetDeck alternative is a frustrating task
    Main topic: The lack of free or affordable alternatives to TweetDeck. Key points: 1. Elon Musk-owned X (formerly Twitter) has made XPro (formerly TweetDeck) a subscriber-only product. 2. Hootsuite is the closest alternative, but it starts at $99 per month and may have unnecessary features. 3. Mastodon and other social networks offer alternatives with multi-column views and news outlets, but they may require some configuration or paid apps. More hint on Elon Musk: The passage does not provide any additional information about Elon Musk.
    8/18/2023
    Musk says X’s ‘block’ feature is going away
    Main topic: Elon Musk's statement about the potential removal of the block feature on Twitter. Key points: 1. Elon Musk's comment suggests that the block feature on Twitter, except for direct messages, may be removed. 2. Many Twitter users consider the block feature as a safety feature and expressed concern about its potential removal. 3. The block feature restricts interactions, viewing, and following from other accounts, while the mute feature simply hides posts from the muted account. Additional hint on Elon Musk: Elon Musk is a well-known entrepreneur and the CEO of companies like Tesla and SpaceX. He is known for his controversial and outspoken statements on various topics, as well as his ambitious plans for space exploration and electric vehicles.
    8/23/2023
    Elon Musk Tells His Mother X Is A 'DOGE Friendly Place'
    Tech entrepreneur Elon Musk has once again endorsed the meme cryptocurrency Dogecoin, leading to a surge in its value and fueling excitement surrounding the transformation of Twitter into "X," Musk's multifaceted service integrating social media, messaging, and financial transactions.
    8/23/2023
    Elon Musk shares optimistic outlook for X: $1T market cap "not out of the question"
    Elon Musk believes that X, formerly Twitter, could eventually reach a market cap of $1 trillion, expressing optimism about its future valuation.
    8/23/2023
    Elon Musk shows off production Cybertruck in Texas
    Tesla CEO Elon Musk showcased a production version of the company's long-delayed Cybertruck on social media, as the electric vehicle manufacturer aims to enter the profitable pickup segment and compete with rivals Ford and Rivian.
    8/26/2023
    Leak Reveals Elon Musk, X And Wall Street Could Be About To Cause Bitcoin And Crypto Price Chaos With ‘PayPal Update’
    Elon Musk's potential plan to turn Twitter into an updated version of PayPal could have significant implications for the price of cryptocurrencies like Bitcoin and Ethereum.
    8/27/2023
    Elon Musk's X Introduces Job Listing Feature For Verified Users
    Elon Musk's company, X (formerly Twitter), has introduced a new feature for verified organizations to post job listings on the platform, allowing them to reach millions of candidates and connect them to the organization's website for applications.
    8/29/2023
    X, formerly Twitter, faces 2,200 arbitration cases and filing fees over $3 million
    Elon Musk's social network, formerly known as Twitter and now called X, is facing 2,200 arbitration cases filed by ex-employees after Musk took over the company, leading to potential filing fees of $3.5 million, as revealed in a recent court filing. The cases are part of a lawsuit in a Delaware district court brought by a former senior staff network engineer, Chris Woodfield, who alleges that X failed to pay his severance and delayed the dispute resolution process by not paying the necessary fees.
    8/29/2023
    It’s Elon Musk vs Martin Shkreli in a battle over his X account
    Former pharmaceutical executive and convicted securities fraudster Martin Shkreli claims he has been lobbying Elon Musk through mutual friends to regain access to his original X (formerly Twitter) account, alleging that Musk's actions contradict his stance on free speech; Shkreli believes Musk may be jealous of him and his machismo.
    8/30/2023
    Elon Musk Has Quietly Primed The Crypto Market For An Explosive Bombshell That Could Play Havoc With The Price Of Bitcoin, Ethereum, XRP And Dogecoin
    Elon Musk's Twitter, now rebranded as X, has obtained a currency transmitter license in Rhode Island, indicating a possible move towards crypto payments and turning the platform into an all-in-one app like China's WeChat.
    8/31/2023
    Elon Musk says audio and video calls are coming to Twitter/X
    Twitter/X owner Elon Musk is planning to launch video and audio calls on the social media platform, which will be available on all major platforms and will not require a phone number.
    8/31/2023
    Musk’s X now wants your biometric data, as well as your job and education history
    Elon Musk's social media platform X, formerly known as Twitter, is updating its privacy policy to collect users' biometric and personal data, raising concerns about privacy and the potential for misuse of information.
    9/1/2023
    Elon Musk reportedly helped Larry Ellison reset his Twitter password after the billionaire said he'd invest $1 billion in the company, despite not tweeting in 10 years
    Elon Musk reportedly helped Larry Ellison reset his Twitter password after the billionaire forgot it, in exchange for Ellison's pledge to invest in Musk's Twitter takeover.
    9/4/2023
    Elon Musk to sue ADL for accusing him, X of antisemitism
    Elon Musk says Twitter will file a defamation lawsuit against the Anti-Defamation League, accusing them of falsely accusing him and the platform of being antisemitic and blaming them for Twitter's falling U.S. advertising revenue.
    9/7/2023
    Elon Musk borrowed $1 billion from SpaceX right after Twitter acquisition: report
    Elon Musk reportedly paid back a $1 billion loan to SpaceX, with interest, after using the loan to acquire the social media company formerly known as Twitter.
    9/7/2023
    Guess how many of Elon Musk’s 155 million followers are willing to pay for his exclusive content?
    Elon Musk's Subscriptions feature on X (formerly Twitter) is not gaining significant traction, with Musk having only 40,000 subscribers out of his 155 million followers, suggesting that it is not a successful tool in the creator economy.
    9/12/2023
    Twitter Under Investigation By FTC For Policy Violations After Musk Takeover, According To Employee Testimony
    Elon Musk's takeover of Twitter led to multiple business decisions that violated the company's internal policies and likely ran afoul of a government order on data security and privacy, according to depositions from former employees published by the Justice Department in a court filing.
    9/13/2023
    DOJ: Musk May Have Violated 2011 Twitter Privacy Order Amid 'Chaotic' Changes
    Elon Musk's leadership at X (formerly Twitter) is being questioned by the U.S. Department of Justice regarding the company's compliance with the Federal Trade Commission's consent order on data privacy and security, as investigations reveal a chaotic environment and potential violations.
    9/14/2023
    Elon Musk's 'Intensity Addiction' Drives Him to Take Big Risks and Work Nonstop, Says Biographer
    Elon Musk, known for his leadership at Tesla and SpaceX, has a relentless drive for intensity and risk-taking, leading him to acquire Twitter and run multiple companies simultaneously.
    9/15/2023
    Elon Musk: The Complex Legacy of an Innovator and Provocateur
    Elon Musk is known for his disruptive innovation in the electric vehicle industry, space exploration, and his controversial use of Twitter, but his historical significance and impact on social media may not be seen as a net force for good in the long run.
    9/18/2023
    Elon Musk Floats Small Fee to Combat Twitter Bot Armies
    Elon Musk suggests that Twitter may no longer be free and is considering implementing a small monthly payment to combat bots on the platform.
    9/19/2023
    Elon Musk Floats Idea of Charging Users Fee To Combat Bots and Fake Accounts on X
    Elon Musk suggests that users of X (formerly Twitter) may have to pay for access to the platform in order to counter bots, with a small monthly payment being considered as a defense against fake accounts.
    9/19/2023
    Elon Musk Floats Idea of Charging Twitter Users Small Fee to Combat Bots
    Tech leaders, including Elon Musk, joined senators to discuss AI regulation, with Musk suggesting that Twitter users may have to pay a monthly fee to combat bots on the platform.
    9/20/2023
    Musk's Actions Continue to Shake Up Bitcoin - From Tesla Payments to Twitter Takeover Rumors
    Elon Musk's recent investment in Twitter and potential plans to expand its capabilities have sparked speculation about his next move, as the bitcoin price continues to fluctuate following his previous involvement in the cryptocurrency.
    9/22/2023
    Musk's Twitter Takeover Quickly Spirals into Regret and Chaos
    Main Topic: Elon Musk's involvement with Twitter and its impact Key Points: 1. Musk's impulsive decision to buy Twitter and subsequent regret. 2. Musk's motivation for increasing Twitter Blue subscriptions as part of his broader financial-services and payments platform plans. 3. Musk's controversial actions regarding the ADL and activists, his flip-flopping on restoring Donald Trump's account, and the creation of the "hardcore Twitter" pledge.
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