Elon Musk has been implementing various changes after buying the Twitter company. The first thing he did was fire all the senior executives of Twitter. He fired Indian-origin CEO Barak Agarwal, Chief Financial Officer Ned Segal, the company’s policy chief Vijaya Khade and others from the company. He is continuously downsizing.
Elon Musk responded to Twitter’s layoffs today, saying the company had no choice but to lose $4 million a day. Elon Musk also said that the laid-off employees have been paid 50 percent more than the statutory compensation benefits. Also, Elon Musk has said that a fee will be charged to get a blue tick on Twitter.
Elon Musk-owned Twitter has implemented a $7.99 monthly subscription fee for verified users since November 5. This subscription fee is initially implemented in the US, UK, Australia, New Zealand and Canada. This subscription fee has been launched only for iOS users with iOS update version 9.34.3. Not yet notified for Android users.
Read more | There’s no other way… Losing $4 million a day: Elon Musk on layoffs!
“Starting today, we’re adding great new features to Twitter Blue Tick, with more special features coming soon. Sign up now to get Twitter Blue Tick with a subscription fee of $7.99/month.” Twitter said in an App Store update.
Blue Tick users will see ads cut in half. BlueTick users can post longer videos. And their posts, content answers will get priority ranking in searches. It also “helps reduce the visibility of scams, spam and bots,” Twitter said.
Someone on Twitter asked Elon Musk when he can expect the BlueTick tolls to come into effect in India. Elon Musk, who responded to that, said that he believed that the Blue Tick fee would be implemented within a month. The iOS Twitter app shows a blue tick charge of Rs 469 in India. However, as the subscription details are yet to be released in the country, it is not clear whether this is the correct price or not.
Read more | Elon Musk’s right-hand man ‘Sreeram Krishnan’… who is he!
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