The New Twitter!

Buying of Twitter!

Elon Musk one of Twitter’s most active users and has more than 109 million followers, began buying shares in the company this year. In April, he struck the deal to buy the company for $44 billion and said he would lift Twitter’s content moderation policies, eliminate spam, add new features and provide more transparency about the algorithms used to promote content.

“Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it,” he said in a statement in April.

And on October 27, 2022, Musk finally bought the twitter and made a history!

The Blue Subscription

The new Twitter Blue has arrived. Priced at $8 per month in the US, the service grants subscribers access to instant account verification and an accompanying blue checkmark that shows up on their profile page and alongside their tweets.

Other countries will soon get this update & prices of the subscription will be according to the purchasing power parity of that country, he said in a tweet.

He is further doing a lot more changes on twitter that will be visible to everyone soon.

Along with this blue tick, Elon is bringing grey verification badge for officials, politicians, celebrities, and many popular peoples. So that their identity can remain safe on this platform.

Twitter for Content Creators!

Looking at Twitter’s upcoming changes through a music industry lens, one of the most interesting updates of all is the news that Musk plans to offer monetization to “content creators” via a new (as-of-yet unspecified) revenue-sharing model.

Musk, in an interview at the Baron Investment Conference on Friday (November 4), said that he’s considering introducing long-form videos on Twitter and allowing creators to monetize their content — in what could prove to be a move to challenge platforms such as YouTube that operate revenue-sharing models for creators.

“We can also start sharing revenue with content creators, which is essential,” Musk told Ron Baron, founder, Chairman and CEO of Baron Capital.

Musk then criticized Twitter’s current inability to host its longer-form videos. He noted that, to date, a lot of posts on the platform link out to YouTube and TikTok because Twitter does not offer users sufficient on-platform video lengths to post their clips. For content creators, that in turn means no way to monetize their videos on Twitter.

“We are going to change that rapidly at Twitter. That’s going to be transformative,” the Tesla and SpaceX founder told Baron.

Musk did not elaborate on his revenue-sharing plans for content creators, but it could pave the way for Twitter to become a serious new revenue source for music rightsholders, artists, and creators.

Long-Form text to Tweets!

In a tweet following his appearance at the conference, Musk confirmed that “Twitter will also soon add [the] ability to attach long-form text to tweets, ending the absurdity of notepad screenshots”.

In a follow-up tweet over the weekend, he noted that this will be “Followed by creator monetization for all forms of content”.

Edit Tweet feature

On October 3rd, 2022 Twitter announced that, after successful testing, Edit Tweet is being rolled out to Twitter Blue subscribers in Canada, Australia, and New Zealand. A US rollout is coming soon.

• Edit Tweet lets users do exactly that, but not without some limits:

• Edits can only be made within 30 minutes from the time of posting

• Tweets can only be edited 5 times in that 30-minute window

The idea is to provide enough time to fix typos, add missing media files, and include hashtags that might have been missed.

A lot more changes are coming on the way, it all will be revealed soon by Elon Musk. Afterall This is the new Twitter that all were waiting for!