Musk announced a more expensive ad-free Twitter subscription

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Twitter boss Elon Musk announced in a series of tweets Saturday that the company’s subscription service would show less advertising to users, including an ad-free tier.

The announcement comes as the social network has faced significant economic uncertainty since Musk’s October takeover. In addition, “there will be a higher priced subscription that allows zero ads,” Musk added. That would represent a significant shift in Twitter’s business model, which had previously relied on targeted advertising to generate revenue before launching a paid subscription service in mid-December. However, advertising has recently become a source of concern for Twitter, following Musk’s firing of roughly half of the company’s 7,500-person workforce late last year. The move raised concerns that the company was understaffed to handle content moderation and spook governments and advertisers.

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Musk announced a more expensive ad-free Twitter subscription

Twitter boss Elon Musk announced in a series of tweets Saturday that the company’s subscription service would show less advertising to users, including an ad-free tier.

The announcement comes as the social network has faced significant economic uncertainty since Musk’s October takeover. In addition, “there will be a higher priced subscription that allows zero ads,” Musk added. That would represent a significant shift in Twitter’s business model, which had previously relied on targeted advertising to generate revenue before launching a paid subscription service in mid-December. However, advertising has recently become a source of concern for Twitter, following Musk’s firing of roughly half of the company’s 7,500-person workforce late last year. The move raised concerns that the company was understaffed to handle content moderation and spook governments and advertisers.

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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