Twitter suspends $8 subscription based verification after fake accounts crop up

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Twitter chaos after wave of blue tick impersonations - BBC News

The subscription-based blue tick verification labels were suspended by Musk-led Twitter on Friday because they weren’t working. When the service was first introduced, many phoney “verified” accounts appeared on Twitter, forcing the social media platform to reconsider its decision to charge users $8 for that premium blue tick verification badge.

Before Tesla co-founder Elon Musk acquired the social media giant in a $44 billion takeover deal, blue tick verification was given to well-known figures in a variety of fields, including entertainment, politics, journalism, etc., to prevent impersonation. However, the company decided to change the verification policy and decided to provide blue tick to anyone who is willing to pay $8 for the service. Following the launch of the service, numerous fake accounts—including those of Elon Musk’s own Tesla and SpaceX—appeared with a blue tick. Even a fake account tweeted that “insulin is free,” forcing the world’s largest pharmaceutical company, Eli Lilly & Co., to issue an apology.

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Twitter suspends $8 subscription based verification after fake accounts crop up

Twitter chaos after wave of blue tick impersonations - BBC News

The subscription-based blue tick verification labels were suspended by Musk-led Twitter on Friday because they weren’t working. When the service was first introduced, many phoney “verified” accounts appeared on Twitter, forcing the social media platform to reconsider its decision to charge users $8 for that premium blue tick verification badge.

Before Tesla co-founder Elon Musk acquired the social media giant in a $44 billion takeover deal, blue tick verification was given to well-known figures in a variety of fields, including entertainment, politics, journalism, etc., to prevent impersonation. However, the company decided to change the verification policy and decided to provide blue tick to anyone who is willing to pay $8 for the service. Following the launch of the service, numerous fake accounts—including those of Elon Musk’s own Tesla and SpaceX—appeared with a blue tick. Even a fake account tweeted that “insulin is free,” forcing the world’s largest pharmaceutical company, Eli Lilly & Co., to issue an apology.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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