Twitter Warns Companies Could Lose Verification If They Don’t Buy Ads: Report

... [+]X, the social media platform formerly known as Twitter, has warned companies on the site that failure to buy more than $1,000 in ads could result in losing their “verification” badges, according to a new report from the. The check mark badge system has become a point of controversy since Elon Musk purchased the website back in October 2022 and allowed anyone to buy a check mark for just $8 per month.

The removal of a yellow check mark, which were handed out free under Musk to some of the biggest brands on the platform after significant issues arose, will apparently happen to any company that hasn’t spent at least $1,000 on ads over the past month or at least $6,000 in the preceding 180 days, according to the Journal. The check marks will reportedly disappear starting August 7.filed a lawsuit against the company because he was upset about an impersonator account.

But all of that went out the window when Musk bought the site. Musk stripped most “legacy” check marks away by April, though he did seem to give them back to users who didn’t want them in the first place. Comedy account Dril is just one example of a user who’s been given therepeatedly, but is constantly changing his user name in an effort to make it go away.

Today, anyone can buy a blue “verification” badge on Twitter for $8 per month, though a gold verification badge used for companies and media organizations reportedly costs $1,000. Twitter, or X as Musk recently rebranded the site, still derives the majority of its revenue from advertising, though the billionaire recently admitted it’s down about 50% since he purchased the company. With X, Musk hopes to reinvent the site, making it the “everything app,” that can handle things like payments. Many people have compared Musk’s plans to China’s WeChat, which is a messaging platform that also allows payments.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Twitter, Facebook, Google: See the Companies That Rebranded ThemselvesElon Musk has added Twitter to the long list of companies that cast aside their original branding in an attempt to reinvent themselves
Source: WSJ - 🏆 98. / 63 Read more »

Theaters In Crisis: Layoffs, Cost-Cuts Imperil Nonprofit Stage Companies Across U.S.Unlike Broadway, which has seen a rebound, theater attendance as a whole has not returned to pre-pandemic levels while costs of producing are rising due to inflation as well as labor shortages.
Source: THR - 🏆 411. / 53 Read more »

Will Biden’s Meetings with A.I. Companies Make Any Difference?On Friday, the Biden Administration announced that seven leading American A.I. companies had agreed to put some voluntary guardrails around their products. Is it a ploy by Big Tech to avoid governmental regulation of real consequence?
Source: NewYorker - 🏆 90. / 67 Read more »