Elon Musk says Twitter will soon allow users to monetize content, publish long posts
Twitter will soon allow its users to monetize their own content on the platform, publishing long-form posts beyond the traditional character limit, CEO Elon Musk announced on Saturday.
Musk, who taken over by Twitter at the end of October, announced plans for radical changes in the company, already firing several top executives. Musk, however, did not specify how creators will be able to monetize their content.
“Twitter will soon add the ability to add long text to tweets, ending the absurdity of notepad screenshots,” Musk wrote on Saturday.
“Next is creator monetization for all forms of content,” he added.
The news comes about a day after Twitter revealed plans to new verification system, allowing users to pay between $4 and $8 to secure the coveted blue tick. Verification badges traditionally denoted the authentic account of a public figure, but Musk claims this has resulted in a “lord and peasant” system on the platform.
Musk has fired thousands of Twitter workers in the days since he took over the company. And some Democrats on Capitol Hill began targeting the billionaire.
Sen. Chris Murphy, D-Conn., took aim at Musk last week, sending a letter Treasury Secretary Janet Yellen noting that members of the Saudi royal family are prominent investors in Twitter. However, Saudi Prince Alwaleed bin Talal bought his stake in Twitter long before Musk bought the company.
“I am writing to bring to your attention the potential national security issues arising from the recently completed takeover of Twitter, Inc. by Elon Musk and a number of private equity investors,” Murphy wrote Yellen, according to a copy of the letter obtained by Punchbowl News. “Putting aside the vast troves of data that Twitter has gathered about American citizens, any possibility that Twitter’s foreign ownership will result in increased censorship, misinformation, or political violence is a serious national security concern.”
“Saudi Arabia is one of the most repressive countries in the world, with little or no tolerance for free expression. Importantly, the Saudi government has shown a willingness to enforce its restrictive approach to dissent outside the Kingdom’s borders – most tragically illustrated by the murder of Washington Post journalist Jamal Khashoggi.” the letter states.
Critics were outraged when Musk announced the firing of several top executives at the company, including CEO Parag Agrawal, CFO Ned Segal and head of legal policy, trust and security Vijay Gadde.
Gadde led the company’s efforts to censor the Hunter Biden laptop story that was first published in the New York Post before the 2020 election.
Musk stated target in buying Twitter has protected free speech, saying in a statement last week that a public square open to differing opinions is necessary for democracy to thrive.
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