As Twitter’s newest board member and largest shareholder, Elon Musk is already making suggestions for changes he’d like to see on the social media platform.
As Twitter’s newest board member and largest shareholder, Elon Musk is already making suggestions for changes he’d like to see on the social media platform.
As Twitter’s newest board member And the largest shareholder, Elon Musk, is already making suggestions for changes he’d like to see on the social media platform.
In a series of tweets late Saturday, the Tesla and SpaceX CEO said the company should include an “authentication checkmark” as a feature of its Twitter Blue premium subscription service, which costs $2.99 a month.
When the account is verified as “Authentic, Notable and Active,” Twitter adds a checkmark logo next to the username.
Mr Musk also suggested that the authentication checkmark of Twitter Premium customer accounts makes official accounts related to public figures different from those given, for example.
Such a move, Mr Musk said, would “massively expand” the pool of verified user accounts and discourage the spread of spam “bot” accounts, making them too expensive to maintain.
Mr Musk also shared views on how Twitter should charge for its membership subscriptions, saying the fee should be “proportionate to capacity and in the local currency,” adding: “Maybe it’s worth paying in Doge. Even an option?” Referring to the Dogecoin cryptocurrency,
“No more ads,” tweeted Mr Musk. “If Twitter depends on advertising money to survive, the policy-making power of corporations is greatly increased.”
About 90% of Twitter’s revenue in 2021 came from advertising.
Mr. Musk’s latest tweets about TwitterThat includes asking his 81 million followers whether Twitter is “dying” and whether the company’s San Francisco headquarters should be converted into a homeless shelter “because no one shows up,” following a tweet from earlier in the week. asked if they should add an edit button to the stage.
Last week, Twitter revealed in a regulatory filing that it had struck a settlement with Mr. Musk. a seat on the board of the billionaire company, whose term expires at the 2024 Annual Shareholders’ Meeting. This step has been taken a day after it was revealed Musk took 9% stake in the company,
Twitter declined to comment on Sunday.