Elon Musk claims that Twitter's blue tick will be updated.

Monday, October 31, 2022 | Chimniii Desk

The process of gaining a prestigious "blue tick" will be revised, amid reports that the firm could start charging $20 per month to be verified. The verification process was being changed days after Mr Musk took over. A blue tick is currently free and a way of signalling an account is authentic. Mr Musk's with twitter deal total was $44 billion. He renamed himself as Chief twit after the 9 billion takeover on Friday. During months of legal wrangling leading up to the acquisition, the billionaire repeatedly expressed concerns about the verification process and the number of bot accounts he believes litter the site. On Sunday, Mr Musk did not give any more information about what might change.

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There is no change to the moderation policy at this time. Their blue tick verification status is kept at 99 per month. The plan involves making verification one of its features and quadrupling the price of the service. Users who are verified would be given 90 days to subscribe or lose their blue tick. Employees were told of the project on Sunday and have been told they need to launch the scheme by November 7 if they want to keep their jobs. Subscribers to the service get access to a number of premium features, including the option to untread a tweet.

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It costs $4.99 per month currently optional. While there has been no official confirmation of the plan, Mr Musk appeared to acknowledge the speculation on Monday, saying: "On no, all our diabolical plans have been revealed!!" The exit of the firm's top bosses, including its chief executive, chairman and finance chief, occurred last week. The New York Times reported over the weekend that Mr Musk had ordered major job cuts. Workers were due to receive grants of shares in the company as part of their pay deals, so the layoffs would take place before 1 November, according to the newspaper. He said that the report was false. The takeover has prompted discussion on what the platform will look like under Mr Musk's ownership. People banned for hate speech may be allowed back to the platform if the free speech policies are loosened.

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Mr Musk said last week that he doesn't want the platform to become an echo chamber for hate. He said that it cannot become a free-for-all hell-scape where anything can be said with no consequences. After denying the New York Times job cuts report, Mr Musk posted a screen shot of a New York Times headline that said, "site known to publish false news." The New York Times headline referred to a reply Mr Musk had posted, and then deleted, at the weekend. The link to the conspiracy theory was contained in his reply. Mr Musk asked his more than 112 million followers if he should bring back the app. The service that allowed users to share six-second-long looping clips was bought by Twitter. By the end of 2015, it had more than 200m active users. There have been polls on whether or not Mr Musk should sell 10% of his stake in the electric car maker.

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