Twitter: The Revolution is called Elon Musk

Elon Musk is generally classified as a supporter of Bictoin. A world-famous entrepreneur with a fortune that ranks him among the richest men in the world, Elon Musk bought the social network Twitter on October 27, 2022. This acquisition is fundamentally linked to the crypto sphere, therefore that Elon Musk has previously used the platform to speak out on digital assets and blockchain. The social network is known to be a platform for more or less peaceful debates, while revealing the tensions of our societies. Two elements suggest that Elon Musk wants to make a 180° change: The new Twitter Blue subscription and the massive layoff plan.

Elon Musk’s new Twitter Blue subscription

The massive changes for the media goliath are unfolding. It is now reported that Twitter is ending ad-free posts for its Blue followers. This subscription service that sought to revolutionize the platform debuted over a year ago. It promised to give users access to exclusive features, headlined by the newly introduced “cancel tweet” option. Among those premium offerings was the ability to access ad-free articles from a variety of publishers. These range from sites like the LA Times to Insider. However, with the arrival of new owner Elon Musk at the helm of Twitter, it looks like that is about to change.

Additionally, verified or blue tick users will have to pay for their verified status in the future. The company’s goal is to set a monthly subscription for these users, which would unlock other features. So current verified users will have 90 days from launch to subscribe to the new feature. The takeaway as of this writing is that Elon Musk’s new Twitter Blue subscription will not require users to provide identity authentication to receive a verification badge. Finally, to have this badge, it takes 8 dollars per month.

Elon Musk fires 50% of Twitter staff

It is indeed the cold shower in the premises of Twitter. As usual in the case of a change of owners, layoffs are massive. After Twitter was acquired for $44 billion, a new management took over. Among the plethora of changes under its new evolution is now the dismissal of a significant portion of Twitter’s employees. Elon Musk pointed to the significant reduction in the number of advertisers as the incident triggering the drop in profits. By contrast, layoffs soon followed, just over a week into the CEO’s term. In a tweet written by Elon Musk, the background to these implemented layoffs is explained. Musk said the company’s actions toward advertisers were ” extremely crappy“. He called them an attack on free speech in America.

Now, former Twitter employees are set to sue the social network. The class action lawsuit was filed in federal court in San Francisco. Additionally, five former employees have led the lawsuit against the social media giant. Indeed, the federal WARN law (Worker Adjustment and Retraining Notification Act) requires 60 days notice for mass layoffs or plant closures.

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