Elon Musk: Twitter to start charging $8 monthly for verification

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Elon Musk: Twitter to start charging $8 monthly for verification
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Mr Musk in a tweet said, 'Twitter’s current lords and peasants system for who has or doesn’t have a blue checkmark is bullshit.'

had on Monday reported that Mr Musk’s company plans to raise its optional $4.99-a-month premium subscription called Twitter Blue to $19.99 a month.

Verified users would now be given 90 days to subscribe by paying the new rate or face losing their blue tick, it reports. Mr Musk wants subscriptions to increase to account for half of the business’s total income, according to The Verge.Last Thursday Mr Musk acquired Twitter after finalising his $44 billion deal to buy the company.Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and policy chief Vijaya Gadde were reportedly removed from their posts.Mr Agrawal and Mr Segal were escorted out of Twitter’s San Francisco headquarters after the deal closed, Reuters reported.

“There is currently great danger that social media will splinter into far-right wing and far left-wing echo chambers that generate more hate and divide our society,” Mr Musk said in the message.Earlier, Mr Musk changed his Twitter profile to refer to himself as “Chief Twit” and his location as Twitter headquarters.released on Monday, Mr Musk dissolved the company’s board and named himself the sole director of the company.

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