1. Forum
  2. Usenet
  3. MISC.NEWS.INTERNET.DISCUS

  • Elon Musk says Twitter, now X, could charge all users

    From JAB@21:1/5 to All on Tue Sep 19 12:10:38 2023
    Elon Musk says Twitter, now X, could 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
    considering charging 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.
    ...
    ...
    "We're moving to having a small monthly payment for use of the
    system," Musk said.

    Saying that bots cost "a fraction of a penny" to set up, Musk added
    that raising the cost of an account to "a few dollars or something"
    could put off operators of the software. He added: "Plus, every time a
    bot creator wanted to make another bot, they would need another new
    payment method."

    https://www.theguardian.com/technology/2023/sep/19/elon-musk-twitter-x-subscription-fees-users-posts

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Retrograde@21:1/5 to JAB on Wed Sep 20 01:09:43 2023
    On 2023-09-19, JAB <here@is.invalid> wrote:
    Elon Musk says Twitter, now X, could charge all users subscription
    fees

    "We're moving to having a small monthly payment for use of the
    system," Musk said.

    That's good news for him. Because no one wants to pay to advertise there anymore. The subscription model may be the only avenue remaining to him
    to recoup his massive investment and imminent loss.

    I reckon by the time he's done with the place, it will look vaguely like
    Trooth Social or any other echo chamber where people of only one political/social persuasion scream outrage at each other.

    Unlike this place.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From JAB@21:1/5 to fungus@amongus.com.invalid on Tue Sep 19 21:24:04 2023
    On Wed, 20 Sep 2023 01:09:43 -0000 (UTC), Retrograde <fungus@amongus.com.invalid> wrote:

    The subscription model may be the only avenue remaining to him
    to recoup his massive investment and imminent loss.

    He's suggesting this will remove the bots....which I suspect is a
    false rationalization.

    "Musk also said X had 550 million monthly users generating up to 200m
    posts a day. Previously, the platform had measured its user base by a
    different method, monetisable daily active users, which stood at 238
    million before Musk bought the business in October 2022."

    I don't plan on putting money in his pockets....he's gambling that
    people are so addicted, they will cough up the bucks. I would miss
    seeing the funny videos, and those with earnest thoughts, news.

    When these paywalls are erected, I suspect most will not join.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)