Comments
A few days after Elon Musk won his $44 billion Twitter deal and dissolved the entire Board of Directors, he announced a charge of $8 for blue ticks on every Twitter account.
The tweet over the $8 charge faced online rage from prominent faces. Among them was Dilip Asbe, Managing Director of the National Payment of Corporation (NPCI). He recently replied to Musk’s tweet saying UPI autopay is ready to take care of monthly payments of Indian Twitter users. He also mentioned Twitter on his tweet.
Related Stories
Here’s what Indian founders think of Twitter charging $8 for blue ticks
Twitter has become an important tool for entrepreneurs to share company updates and develop a direct relationship with customersMusk explained the reason for the charge for blue ticks. He said the amount gained from blue tick charges would give Twitter a revenue stream so they can reward content creators.
Musk also said the paywall could be bypassed for publishers who are willing to work with Twitter.
Related Stories
Elon Musk plans to eliminate half of Twitter jobs to cut costs
Musk is under pressure to find ways to slash costs of a business for which he says he overpaid
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.