Will people pay $8 a month for Twitter?

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Will people pay $8 a month for Twitter?
France Dernières Nouvelles,France Actualités
  • 📰 TheEconomist
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Elon Musk said he was buying Twitter to protect free speech in “the de facto public town square”. Yet the focus of his first week in charge was not content moderation but money

Save time by listening to our audio articles as you multitaskMr Musk, who said he was buying Twitter to protect free speech in “the de facto public town square”, tweeted on his first full day in charge that the company would set up a “content moderation council”. Outsourcing moderation dilemmas to an independent board, as Facebook has since 2020, would be no bad thing.

To cut costs Mr Musk appears to have started a round of lay-offs, which is probably overdue. Last year Twitter had 1.5 employees for every $1m in revenue, compared with 0.6 at Meta, Facebook’s owner. At the same time he hopes to bring in more users with features including the resurrection of Vine, a decade-old app that beat TikTok to the short-video craze but which Twitter allowed to wither.

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TheEconomist /  🏆 6. in UK

France Dernières Nouvelles, France Actualités

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