Elon Musk says Twitter, now X, is to charge all users subscription fees
Elon Musk says Twitter, now X, is to charge all users subscription fees
Billionaire also says platform has 550 million monthly users generating up to 200m posts a day
Elon Musk has indicated that X, formerly known as Twitter, is preparing to charge all users for accessing the platform.
The X owner said erecting a paywall around the business would ward off the bots, or automated accounts, that have become a bugbear for Musk.
Speaking in a meeting with Benjamin Netanyahu, the Israeli prime minister, the Tesla CEO and world’s richest person suggested that X was going to charge its user base. Currently, Twitter only charges users for its subscription service X Premium, which offers perks such as a verified account checkmark and costs $11 a month in the US for iPhones and £11 in the UK.
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He's so bad at running Twitter I'm starting to think it's his goal to ruin the brand. Don't know what for but surely he can't be this dumb?
He is. He’s your average internet troll that made a few lucky decisions in the past.
And don’t call me Shirley.
By "lucky decisions" do you mean "born into wealth"?
His best decision to date, yes.
What, you didn't pick "Born to emerald mine magnate" at the character creator? It really is the only logical choice, you know.
Didn't wanna spend 5 hours at the char creation screen so I just clicked "randomise".
I feel so dumb now!
Your username explained! ;-p
Edit: Odd to see an innocuous joke get downvoted. Was the wink not enough?
He was simply born rich.
Twitter gave regular people too much power. The rich moved to destroy that power.
Anyone paying attention would notice this Pattern, they will be trying to fuck over the fediverse as well. Unfiltered social media gives the poors too much opportunity to revolt
they will be trying to fuck over the fediverse as well.
Will be trying? Have you already forgotten Threads?
Threads happened so soon after the fediverse spun up it was like a contingency plan put into motion
I mean, Threads was federated with Mastadon, which has been going for quite a few years now. Threads was more of a response to Musk's takeover of Twitter, I think, trying to catch the Twitter users who had migrated to Mastadon.
Look, if Elon was trying to ruin Twitter, it would be flourishing right now.
His backers maybe wanted to destroy the brand and the service, and they chose the right guy for the job if so, but the only thing Elon does is seek praise and attention.
Not quite related to the conversation, but I think it would be funny if a CEO tried to run a business into the ground but ended up being the most successful and beloved CEO in the company's history.
"I know, if I enact a 4 day workweek, nobody will have time to get anything done"
"Okay so that didn't work... Maybe if I increase staffing, give everyone a raise, the overhead will eat into the company profits and nobody will want to invest!"
"Um... I'll have the dev team drag their heels on product release! Nobody will want to buy our product if we release a month late. Heck, maybe if we wait until the devs say it's ready we won't release anything at all! This plan is sure to work!"
That certainly would be springtime for them.
This person gets the reference!
“If I give everyone unlimited sick days, then they’ll never show up to work!”
This needs to be in c/writingprompts
Why couldn’t he be? There is ample evidence that, yes, he is this dumb and he’d had less press/more handling before. Remember, there was a different story about him. News outlets love their stories. The story was Musk = quiet, nerdy genius billionaire that was gonna save the world and Zuckerberg and Bezos were the quintessential villains in the press. Now that Zuckerberg rebranded with “Meta” and 2016 is in the distant past now, we hear much less about him and Bezos got a huge sympathy injection by getting divorced (and, I’m not even sure I’m remembering this properly, but the last thing I heard about him was his divorce and his ex wife getting half of everything).
Around this time, the pandemic hit and musk became the richest man alive, the really dumb shit he was saying and doing was more visible (and embraced by the right) and boom. All credibility was gone, all the stories from Paypal and SpaceX about his childishness and need to be corralled became common knowledge, and his story changed. The media had a new story, a new target, and it was a profitable one. Put the microscope on him and he kept fucking up. Then he kept doing douchey shit, bought twitter, and from there the dumpster fire of this really public failing became the flash point to display his stupidity.
My point is, he’s always been his dumb, given all the current evidence. It just wasn’t the story for a while. Now it is. So it seems like a new quality.
I haven't heard much about Bezos since he sent Shatner to space and then was a total dick and cut him off during his post flight interview.
His ex, on the other hand, has been taking her half of the divorce settlement and giving hundreds of millions to good causes.
Best thing that man ever did was divorce her.
Excuse me, I think today's Amazon package has arrived.
Yeah, that’s what I’m sayin. There was a time when Bezos was the richest man, he was achieving complete ubiquity and there was serious talk from people being so sick of him and his bullshit that there was anti-Amazon, anti-whole foods talks.
He fades into the background, people guiltlessly keep ordering from Amazon, shopping at Whole Foods, and Bezos keeps raking in the money. I mean, shit, I literally just read an article about Whole Foods fighting to keep BLM pins/hats out of their stores (on employees, that is) using the ANTI-GAY CAKE/WEBSITE ruling and…crickets.
It’s not just the news that loves their stories, we people do as well. They keep things nice and tidy for us, letting us know exactly what to be upset about and what to let go. Keeps capitalism working nicely (as, I’m sure, a fringe benefit).
I am still not ordering anything from Amazon. We do exist. Dozens of us even.
He was quieter before. If you look back to the beginnings of his Twitter account you can watch him develop an addiction, and he got more obnoxious as he craved the dopamine and developed a platform. That doesn’t mean he was super smart before but there wasn’t much of a place where he was speaking to the public outside of the media, and in those stories the Howard Hughes dreamer genius style was common. When people are quiet you tend not to think about them much otherwise. If he had stayed off of twitter the opinions about him would likely continue to be pretty positive.
People do talk about Zuckerberg, it’s just in relation to fighting Musk or about Threads. Facebook is increasingly irrelevant to young people and Instagram has never had the same level of controversy. What are people going to say about him that hasn’t been said? It doesn’t mean they don’t still think it and now think he’s some good guy.
Same for Bezos. His space stuff is what people talk about now and make fun of him for because he stepped down from most Amazon stuff in 2021. He’s always been quiet otherwise, what was talked about mostly was the crappy work culture he created at Amazon and the villainy was driving out local businesses. You might think people think Amazon is a great company now, but my experience is that people still aren’t super fans it is just a matter of selection, price, and convenience. People don’t suddenly think he’s a good guy.
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I think the same. The original goal was probably to fire most of the workers, change the politics to match theirs, and just sit back and let the profits roll in.
But that failed, so now they're killing the platform off with an intent of using the lost investment as a massive tax write off.
I've been convinced for at least a couple of months that this is exactly what he's doing. Once having that realization, I felt it should actually have been really obvious the moment he decided to lay off huge chunks of the technical staff and was openly hostile to key software engineering folks who spoke out.
He put in some, financed more, and got backers for the rest.
Some of his backers were involved with competing projects.
In addition, he and they will eventually be able to take a loss, which they can carry forward to reduce their future tax liability.
And while all that plays out, he gets to use it to empower fascism, which also will probably be used to make him more money via government contracts.
If ever the government tries to stop him, he can now claim free speech violations.
I was just thinking the same. How much is too much before Hanlon's razor becomes dull?
His intention isn't to run Twitter, it's to transform Twitter into something else and hope that he can drag enough of the old userbase with him.
Fir example, it has been suggested he might be turning it into a "totalitarian social credit app".
Did you honestly just link to the Epoch Times? Calling it trash would be too complimentary.
In this case, what they're reporting on has been suggested by Musk himself on more than one occassion. It's basically been his lifelong dream to create a one stop shop X app, similar to WeChat in China. That's what he was aiming for back in the Paypal days.
It will be a crypto platform, and he'll sell XCoin to investors.
It won't matter if XCoin crashes because he'll make billions rugpulling and off the crypto trading fees, which he'll then use to build another wheelbarrow shaped car.
But he needs payment details for a smooth transition and ID (KYC) for legal reasons.
Oh indeed, crypto will be in their so Musk and co can grift the gullible but it seems to be heading towards being an "everything app".
That said, the subscription seems to go against these ends (as you'd want the maximum audience) but it does have the effect of making it more difficult for outside observers to monitor what a dystopian hellscape he has built there.
I think this is really merely the latest in a continued assault against Twitter and free mainstream social media. They tried to make their own services that directly competed (eg Parler), they failed, so now they've bought Twitter with a leveraged buyout. Either Twitter becomes what they want it to be, and they invest further to cover the $13bn debt, or Twitter dies from the debt (which would not have existed without the buyout). With the current value of Twitter being estimated at less than this debt, the latter seems much more likely now.
He paid over 11 billion in taxes last year. He paid 44 billion for Twitter. Pretty obvious he's trying to tank it to off set his tax implications. He will report a giant loss every year. If he can do that for more than four years, it's a technical profit.
The fact everyone is oblivious to his intentions being running it into the ground as a tax write off astounds me. He didn't want to buy it. He was forced. Make it lose billions and write it off.
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Anyone following GME knows exactly why he is doing it.
you think? it's been his goal from day one. he's an attention seeker and not much else