X reserves the right without notice to remove your blue checkmark at any time in its sole discretion without offering you a refund, including if you violate our Terms of Service or if your account is suspended. Tech entrepreneur Elon Musk announced his intention to withdraw from his widely publicized $44 billion takeover attempt of social media platform Twitter, a deal he signed off on in April. Verified Organizations is a subscription for businesses, governments and nonprofits on X which comes with a gold or grey checkmark, affiliation badges, premium support, impersonation defense and more features for organizations. New subscriptions to Premium are available globally on web, iOS, or Android. We may also impose waiting periods for new accounts in the future at our discretion, and without notice.

While the broader markets and growth stocks in particular have been impacted by hawkish comments by the Fed, Tesla has been weighed down by CEO Elon Musk’s recent acquisition of the social media app T… Musk claimed the changes to Twitter Blue would also give the company a way to support content creators. On Monday, the owner of Nibellion, one of Twitter’s most prolific and popular gaming news accounts, said he was abandoning the platform, citing Musk’s takeover of the company and the difficulty he encountered monetizing his work. Twitter's current lords & peasants system for who has or doesn't have a blue checkmark is bullshit. Through Verified Organizations, organizations can affiliate other accounts with their account.

Twitter job cuts: What are digital layoffs and what do they mean for employees and companies?

Accounts that receive the blue checkmark as part of a X Premium subscription will not undergo review to confirm that they meet the active, notable and authentic criteria that was used in the previous process. Previously, the blue checkmark indicated active, notable, and authentic accounts of public interest that were independently verified based on certain requirements. X reserves the right https://www.forexbox.info/ without notice to remove your blue checkmark at any time in its sole discretion without offering you a refund, including if you violate our Terms of Service or your account is suspended. An active Premium subscription offers additional features to improve your experience on X. The features included in Premium are subject to change at any time as we continue to improve the service.

The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of lon… This is one important step we're taking to improve the quality of conversations on X. These changes are designed to reduce fake, untrustworthy accounts, and promote a higher quality platform where people can join and engage safely on our platform. Twitter's stock could fall to the $25 to $30 range this week as the chances of a deal being salvaged grow dim, Wedbush analyst Daniel Ives wrote in an investor note on Friday. Twitter's stock price fall showed few signs of abating when markets reopened this week.

Upgrading your subscription on the same day will not affect your ads revenue share. As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work https://www.topforexnews.org/ done with the power of AI. Unfortunately for Twitter--and possibly for Musk--the prospect of a drawn-out court battle means that there is a high chance the price could continue to be volatile. Last week, Musk admitted that Twitter has seen a "massive drop in revenue" due to lost ads.

Should I Buy Twitter Stock? TWTR Pros and Cons Explained

Affiliated accounts receive a label with the image from the organization’s profile picture. Los Angeles, California–(Newsfile Corp. – November 14, 2022) – The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Twitter, Inc. (“… "I have miscalculated the value of my Twitter activity and realize that it is nothing worth supporting by itself for the vast majority of people,” Nibel said. “It is not me who is popular, but it is that work that is useful. It is not valuable by itself, but a comfortable timesaver, and I get that now." Accounts like Nibel are the lifeblood of Twitter. While they only represent about 25 percent of the user base, they account for more than 97 percent of tweets you see on the platform.

New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company’s weighted average against that of other companies. It’s less than two weeks since Elon Musk completed his acquisition of Twitter and already there are concerns that the https://www.dowjonesanalysis.com/ company is choosing to ignore key risks in its biggest international growth market… Designation confers authenticity on the account and differs from the for-purchase blue check mark. Elon Musk is progressing plans to slim down Twitter since he bought the 396 million-member platform for US$44 billion (£38 billion) on October 27.

1. Twitter will mark the accounts of government officials, media outlets, and other public figures with an “official” label once changes to the platform’s blue checkmarks come into force.
2. On Monday, the owner of Nibellion, one of Twitter’s most prolific and popular gaming news accounts, said he was abandoning the platform, citing Musk’s takeover of the company and the difficulty he encountered monetizing his work.
3. According to The New York Times, Musk has ordered company-wide layoffs that could affect as much as 50 percent of Twitter’s 7,500-person workforce.
4. This is one important step we're taking to improve the quality of conversations on X.

Elon Musk’s idea for a subscription model to pay for Twitter’s sought-after blue check is “completely flawed,” Europe’s competition chief told CNBC Wednesday. Twitter’s value has reportedly dropped to about $15 billion, slightly more than one-third of the $44 billion that Elon Musk paid for it in late October 2022. The $15 billion valuation is based on Fidelity’s latest analysis of its stake in the company.

TWTR LAWSUIT ALERT: Levi & Korsinsky Notifies Twitter, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

He is also reportedly considering bringing back Vine, the company’s long-defunct short-form video service. In the meantime, Musk did not say when the changes to Twitter Blue would begin rolling out. In a March 24 email that called Twitter an “inverse startup,” Musk told employees that its value had dropped to $20 billion. Musk also told staff that he “see[s] a clear but difficult path” to a future valuation of more than $250 billion. Musk acknowledged that he was “obviously overpaying” for Twitter shortly before the deal closed.

Layoffs could weaken Twitter in its biggest global growth markets

We've also launched a new service called Verified Organizations, which is a service for businesses, governments and nonprofits on X that comes with a gold or grey checkmark, affiliate badges, premium support, impersonation defense and more features for organizations. But since then, like many other tech companies', Twitter's stock has been on a near-constant slide. Twitter's stock has declined nearly 20% between Musk first made the offer to buy the company in April, and July 8, when he formally announced he was pulling out of the deal. Part of this decline was fueled by a larger downturn in the market over the past few months, which has included a massive selloff in tech stocks that began in May.

Elon Musk will host a town hall with Twitter’s advertisers on Wednesday at 10 a.m. Pacific (1800 GMT), according to an email reviewed by Reuters, in an effort to assuage brands and advertising agencie… In 2021, Twitter’s revenue was $5.08 billion, an increase of 36.63% compared to the previous year’s $3.72 billion. Tweaks to Twitter Blue are likely only the start of the changes Musk has planned for Twitter. According to The New York Times, Musk has ordered company-wide layoffs that could affect as much as 50 percent of Twitter’s 7,500-person workforce.

That includes subscriptions linked to X accounts that have been suspended, or that you have lost access to for any other reason. This also includes situations where certain subscription features are temporarily or permanently unavailable. Twitter will mark the accounts of government officials, media outlets, and other public figures with an “official” label once changes to the platform’s blue checkmarks come into force. Now the blue checkmark means the account has an active subscription to X Premium.

Earnings and Valuation

Moving forward, Twitter Blue will cost $8 per month in the US, with pricing in other countries adjusted for the purchasing power of consumers in those markets, Twitter owner and CEO Elon Musk announced today. The $3 jump from Blue’s current $5 per month fee amounts to a 60 percent price increase. Lingering confusion over the takeover, and Musk's constant threats that he would terminate the agreement if Twitter's board did not satisfy his requests, have left investors uncertain about the future of the company from the very moment the deal was first signed. But aside from possible bot accounts, a deal struck for $54.20 per share is also significantly more than what Twitter's stock is worth now. Election misinformation is spreading across social media platforms like Twitter and Meta Platform’s Facebook, as the vote count for the U.S. midterm elections continued on Wednesday in key battlegroun… On Wednesday, new Twitter CEO Elon Musk abruptly ended a new project on his social media platform.

To avoid further charges, cancel your Premium subscription at least 24 hours before the auto-renewal period. All Verified Organizations and their affiliates now receive Premium+ included with their main subscription. First Trust S-Network E-Commerce ETF holds 5,244 shares of TWTR stock, representing 1.70% of its portfolio.

Twitter, Inc. operates as a platform for public self-expression and conversation in real-time. The company’s primary product is Twitter, a platform that allows users to consume, create, distribute, and discover content. Its promoted products consist of promoted ads and Twitter Amplify, Follower Ads, and Twitter takeover. Twitter, Inc. was founded in 2006 and is based in San Francisco, California.