Twitter Blue will likely return before the end of the next week
Elon Musk, an investor and billionaire, and the company’s newly appointed Chief Tweet stated on Saturday in a tweet that Twitter Blue will probably “come back end of next week.” Twitter temporarily stopped rolling out its $8-a-month “blue check” subscription program on Friday because there were too many fake accounts pretending to be big businesses.
The illustrious “blue check” verification used to be reserved exclusively for the verified accounts of well-known public figures, journalists, politicians, and other prominent persons in the public eye. However, since its monetization, which is open to anyone who pays for it monthly and was rolled out at the beginning of this week to enable Twitter revenue to boost while Musk fights to retain advertisers, who have been wary of the new Twitter regulations since Musk’s $44 billion takeover last month, Twitter revenue has been able to boost while Musk fights to retain advertisers.
On Friday, a large number of users reported that the new subscription option for the blue verification check mark had disappeared. However, a source informed Reuters that the offer has been temporarily deleted and would be revisited in the future with any required adjustments. On Friday, the Twitter support account, which is labeled “official,” posted the following: “To prevent impersonation, we’ve introduced an “Official” badge to some accounts.” [citation needed]
The brand was shown to the public for the first time on Wednesday, but just a few hours after its debut, the CEO decided to “kill” it. Musk issued a warning to the Twitter staff in his first email to the entire organization on Thursday. He stated that the company would not be able to “survive the upcoming economic downturn” if it was unable to successfully increase subscription revenue to compensate for the decline in advertising revenue. Three people who were able to see the transmission told Reuters about this information.
The acquisition of the company by Musk has removed Twitter from the scrutiny of public markets; however, Musk has saddled the company with a debt of almost $13 billion, which is now held by seven Wall Street banks that have been unable to discharge it to investors. Despite this, Musk has removed Twitter from the scrutiny of public markets.