Technology

– They should pay me. If it comes in, I’ll disappear like Enron.

Author Stephen King tweeted his outrage on Sunday at being able to pay $ 20 a month for verification on the social media platform, a new policy that Musk is pushing for. Kim Chapin

Twitter’s new owner and CEO, Elon Musk, appeared to confirm reports that the platform is considering charging people $ 20 to maintain a coveted blue verification tag on their account in an exchange with horror writer Stephen King.

King dismissed these reports, tweeting to his nearly 7 million followers on Monday: “They should pay me. If this is introduced, I will disappear like Enron, ”he said, referring to an energy company that collapsed as a result of the scandal and went bankrupt.

In response, Musk suggested that the verification fee would help the site make a profit and a trade with King ensued, tweeting, “We have to pay the bills somehow! Twitter cannot rely solely on advertisers. How about $ 8? “

“I will explain the rationale in longer form before it is implemented. It’s the only way to defeat bots and trolls, Musk added. King didn’t answer.

Tesla billionaire and SpaceX owner has finished purchase of Twitter for $ 44 billion last week after several months of negotiations and legal disputes.

In the run-up to the Twitter takeover, Musk raised the issue of fake Twitter accounts run by “bots”, including the main point of contention because it has requested more internal data from the company in order to assess the number of fraudulent users on the site.

Since then, he said that “the entire verification process is being reworked” with no more details, although he has yet to confirm if any payment will be requested for verification.

A blue verification badge means the account is “authentic, noteworthy, and active” according to Twitterand is generally owned by public figures in government, news and entertainment, and other restricted areas.

Tech investor and longtime Musk associate Jason Calacanis, who has appeared on Twitter’s business directory since Musk’s acquisition, also solicited interest in the various blue check payment amounts on Monday, managing a survey ranging from $ 5 to $ 15 a month. Although the poll remains open, as much as 82 percent. of respondents indicated that they would not pay. Musk responded to Calcanis’s poll by saying, “Interesting.”

Citing Musk’s justification, Calacanis tweeted that “verifying a lot of people on Twitter while removing the bot army is the fastest way to make the platform safer and more useful for everyone.”

Twitter Hijacking – Similar to public online square for debate and dialogue across the political spectrum – can pressure Musk to show signs of appreciation for the demands and responsibilities of owning a social networking platform. Late Monday, Musk changed his Twitter biography from Chief Twit to “Twitter Complaint Hotline Operator.”

Musk formally took over as Twitter CEO after several longtime Twitter executives, including a former CEO Parag Agrawalthey were fired after purchasing the San Francisco-based company.

Over the weekend Washington Post reported that members of Musk’s inner circle, along with other Twitter executives, had in-depth discussions on the site’s approach to content and spam moderation, as well as its first round plans layoffs for about 25 percent of the workforce.

Also on Monday, financial documentation showed that Twitter co-founder Jack Dorsey transferred his Twitter stake to the company, making him one of Musk’s investors.

Since taking over the platform, Musk has also said it plans to create a “content moderation board” composed of experts with “widely differing points of view.” He added that no major content decisions or account restoration would be made prior to the board meeting.

He comes up in speculation whether Musk will re-host former President Donald Trump, a prolific tweeter, back to the site. Trump was Prohibited after January 6 the att*ck on the Capitol, with Twitter citing “the risk of further incitement to violence.” The reprimand also meant that Trump’s tweets largely disappeared from the site, removing the catalog of his thoughts.

“If I had a dollar every time someone asked me if Trump was returning to this platform, Twitter would be making money!” Musk tweeted this week.

Meanwhile, Trump told Fox News last week that for now it prefers its own platform, Truth Social, to its public news.

“I don’t think Twitter will be successful without me,” said Trump. “I stay with the Truth. I like it better, I like the way it works, I like Elon, but I stay on the Truth, ‘he added.

Elizabeth Dwoskin of the Washington Post and Faiz Siddiqui contributed to this report.

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#Musk #Twitter #verification #fee #Stephen #King #barter #fee

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