Twitter to Launch New 'Blue' Paid Service
Technology
Asharq Al-AwsatTwitter will soon roll out its new subscription service "Twitter Blue." Two weeks ago, researcher Jane Manchun Wong first reported that Twitter's new subscription service is in the works. But on Thursday, Twitter's iOS App Store updated its list to add Twitter Blue as an in-app purchase. The subscription of the new service is set to cost $2.99 monthly. Though users can't yet subscribe to Twitter Blue – even after downloading the app update – Wong dug up details about the service, signaling that its launch could be imminent, reported the Techcrunch website. Wong also uncovered that this service will allow users to use different colors, customized symbols, and a reader mode, which turns tweet threads into "easy-to-read text." Currently, Twitter ads make up 80% of the company's revenue. Twitter told Bloomberg in February that it plans to "research and experiment" with new ways to monetize the platform, especially as its user growth has slowed.
from Asharq AL-awsat https://english.aawsat.com/home/article/3003001/twitter-launch-new-blue-paid-service
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