Anthony Noto, CEO of SoFi Technologies, discusses “The Claman Countdown” via Twitter, interest rates and his fintech company’s powerful third quarter earnings report.
Tail. Alexandria Ocasio-Cortez hits back on Elon Musk’s plan to charge Twitter users a monthly fee to keep their accounts verified.
“Lmao at a billionaire who is seriously trying to sell people the idea that ‘free speech’ is actually an $8 a month subscription plan,” the New York Democrat tweeted Tuesday night.
Twitter was reportedly discussing plans to charge a $20 per month verification fee. However, Musk announced the change wrote in a thread earlier in the day that Twitter Blue would bring “power to the people” for $8 a month.
“Twitter’s Current Lords [and} peasants system for who has or doesn’t have a blue checkmark is bulls—,” Musk said, noting that price would be adjusted by country.
Rep. Alexandria Ocasio-Cortez, D-N.Y., attends a ceremony at the National September 11 Memorial Museum in New York on Sept. 11, 2022. (Bonnie Cash/UPI/Bloomberg via Getty Images / Getty Images)
Those who pay will also get priority in replies, mentions and search, the ability to post long videos and audio and see half as many ads.
Publishers “willing to work with [Twitter]’ will get ‘paywall bypass’, and Musk has said there will be a ‘secondary tag under the name for someone who is a public figure’.
Twitter users who pay a monthly fee to verify their accounts also get priority for replies, mentions, and searches, as well as the ability to post long videosWith and audio and see half as many ads, that’s Elon Musk’s plan. (Jakub Porzycki/NurPhoto via Getty Images/Getty Images)
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“This will also provide Twitter with a revenue stream to reward content creators,” he said.
Elon Musk attends Heidi Klum’s 2022 Halloween Party at Sake No Hana at the Moxy LES in New York City on Monday. (Taylor Hill/Getty Images/Getty Images)
The announcement drew criticism from those with and without blue checks.
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Some said they would just scan the blue checks on their profiles instead of spitting out the money the new Twitter boss.
Earlier on Tuesday, author Stephen King blasted the idea a $20 verification fee.
“$20 a month to keep my blue check? F— you should pay me that. If that rolls out I’ll be gone like Enron,” King tweeted.
“We’ve got to pay the bills somehow!” replied Musk. “Twitter cannot rely entirely on advertisers. How about $8?”
