Twitter has been in for a wild ride ever since bad boy billionaire Elon Musk took over. The widely popular micro-blogging social site has endured a multitude of challenges & changes within the last few months leaving some users to feel Musk is running the social media platform straight to hell. I digress.
More importantly, since his tenure as CEO, he has cut 80% of the staff. At the time, Musk defended the cuts and other cost-cutting measures, stating the company was losing $4m per day. In laymen’s terms, everything is for sale and everything must go! No refunds!
Per news reports the Tesla king paid $44 billion to purchase the mega giant network. The company is now reportedly worth approximately $20 billion. That’s a $24 BILLION DEFICIT. I’m no rocket scientist but the math is not mathing. I’m pretty sure Elon is willing to sell everything but the kitchen sink in order to recoup those losses. We’re talking billions with a (b).
To counteract his losses, one of the newest modifications coming to Twitterville will be the disappearance of the blue check listed beside verified accounts. As of April 20 aka 420 Day — the price for clout is going up.
According to Baller Alert, celebrities and other official accounts that have been previously verified will lose the check mark in their profile unless they subscribe to Twitter Blue. The service is $8 a month if you sign up via the web and $11 if you sign up on iOS. Businesses and organizations may have to pay $1,000 monthly for their verification badges.
Gold checkmarks will be issued to brands, companies, and nonprofits, while gray checks will be assigned to government agencies under this subscription.
Last month, LeBron James said he was okay with losing his blue check because he would not pay, for the service. Author Stephen King also rejected the idea.
For all the non celebs, here’s a chance to be “famous” (for a small monthly fee)
So…tweeters what’s up? You payin’ for a Twitter blue check?
Take the poll and let me know!
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