Twitter Blue Members To Lose Access To Ad-Free Articles As Musk Revamps Business Model Post Takeover


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


  • Twitter Inc (NYSE:TWTR) terminated the ability of subscribers of its paid Twitter Blue product to access ad-free articles from publishers, the Wall Street Journal reported.
  • Twitter Blue is a roughly year-old monthly subscription with premium features, like the "undo tweet" option and access to ad-free articles from hundreds of publishers.
  • Twitter's new owner, Tesla Inc (NASDAQ:TSLA) CEO Elon Musk, made sweeping changes from high-profile firings to product updates since closing the $44 billion deal. 
  • Also Read: Vitalik Buterin Skeptical Of Elon Musk's Twitter 'Blue Check' Plan: 'How Well This Works Depends On...'
  • Musk had tweeted that the revamping process was underway.
  • Tuesday morning, Sarah Personette, Twitter's chief customer officer, tweeted that she resigned on Friday.
  • Twitter planned additional changes to its Blue subscriber offering, including raising the price four-fold to $19.99 from $4.99.
  • Users wishing to remain verified by Twitter via a blue check on their account must subscribe to the upgraded program within 90 days.
  • Twitter looks to launch the changes by November 7. 
  • Musk told investors of a plan for improving the platform, bolstering its subscription offerings to become less reliant on advertisers.
  • Twitter had described the ad-free feature as a way for publishers to earn more per reader than they would from advertising.
  • Publishers have long criticized comprehensive technology platforms, especially Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google and Meta Platforms Inc's (NASDAQ: META) Facebook, for not paying for news content.
  • Photo by Gerd Altmann from Pixabay

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsTechMediaBriefs