Key Points:
- Twitter is now reported to introduce a new subscription program.
- The company wants to generate more revenue.
- There is no official confirmation about the same.
The microblogging website Twitter is one of the very popular social media out in the market and the same has 300 million users according to a report which was released in 2019. Twitter enables users to share their thoughts and the company offered 140 characters earlier but it is doubled now.
It also depends on advertisements to generate revenue and now we got a new piece of information which reveals that the company is planning to double-up its revenue and for that, it will bring a new subscription program.
According to the latest information, the company is planning to bring a service which will allow users to pay for exclusive content for some accounts which they follow.
In related news, Twitter started to expand testing its new feature called Spaces and it is an audio chat program which is powered by Periscope and that is also a video streaming platform that Twitter acquired in 2015. Spaces testing in the market of India and it is currently in the beta version and the company is gathering feedback from the users of the country before the wide roll out.
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