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.

United States United States Latest News, United States United States Headlines

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

White House to push private insurance companies to cover mental health careThe new policy is part of a broader push by Biden to improve mental health care in the United States -- an issue he raised during one of his State of the Union speeches.
Source: ABC - 🏆 471. / 51 Read more »

Insurance companies routinely deny NYC buildings with subsidized tenantsInsurance companies regularly ask New York City landlords if they rent to low-income tenants with rental assistance vouchers and deny coverage based on their answers. Insurance regulators say the practice may be illegal.
Source: Gothamist - 🏆 456. / 53 Read more »

8 ways crypto companies can improve their financial compliance in the USThe U.S. presents many obstacles to crypto companies, with a multiplicity of federal and state regulatory agencies having real or potential jurisdiction over the industry.
Source: Cointelegraph - 🏆 562. / 51 Read more »

McCarthy: Biden case will 'rise to impeachment' as 16 Romanian payments allegedly went to 'shell companies'House Speaker Kevin McCarthy of California joined 'Hannity' to sound off on the latest revelations and allegations in the Biden family corruption probe.
Source: FoxNews - 🏆 9. / 87 Read more »