The emblem and buying and selling image for Twitter is displayed on a display on the ground of the New York Stock Exchange (NYSE) in New York City, July 11, 2022.
Brendan McDermid | Reuters
Twitter lately launched a brand new characteristic that lets its Blue subscribers tweet as much as 10,000 characters in messages that can even assist daring and italic formatting.
The new options permit for a lot longer-form writing that is extra just like an essay than the quick snippets of textual content that outlined Twitter for years. Twitter had a 140-character restrict for years, earlier than doubling it in 2017 to 280 characters.
Twitter Blue is the corporate’s subscription product that provides extra options than the free model, together with a blue checkmark. It prices $8 per 30 days in the event you join by way of Twitter.
“We’re making improvements to the writing and reading experience on Twitter! Starting today, Twitter now supports Tweets up to 10,000 characters in length, with bold and italic text formatting,” the Thursday announcement learn. “Sign up for Twitter Blue to access these new features, and apply to enable Subscriptions on your account to earn income directly on Twitter.
Twitter is also expanding its monetization options, allowing users to subscribe to their favorite content creators in exchange for subscriber-only content. The subscriber-only model is similar to offerings from services like Substack.
Musk said that creators would receive the lion’s share of subscription income.
“You will obtain no matter cash we obtain, in order that’s 70% for subscriptions on iOS & Android (they cost 30%) and ~92% on net (could possibly be higher, relying on cost processor),” the Twitter, Tesla, and SpaceX CEO tweeted. “After first yr, iOS & Android charges drop to fifteen% and we’ll add a small quantity on high of that, relying on quantity. We can even assist promote your work. Our aim is to maximise creator prosperity.”
Musk additionally launched a subscription product for his personal account, charging customers $4 a month to view his non-public subscription-only Tweets.
Source: www.cnbc.com