Integrity Score 684
No Records Found
No Records Found
The World of Twitter has been full of twists and turns since Elon Musk took over the micro-blogging platform.
According to the recent report by the New York Times, Twitter is considering selling username as a way to generate new revenue for the company.
People will sometimes take to a social media network early and make an account with a certain handle so they can hassle brands or other large entities for thousands to obtain the coveted username. Handles are also sometimes bought and sold on black markets, the NYT reported.
The company's New York City Headquarter reportedly did not even have toilet paper last week. Twitter has also seen a decline in advertising revenue.
Ninety-two percent of the company's revenue came from advertising in Q1 2022, per an April quarterly filing
The report also said engineers at the company have considered organising online auctions where people can bid for user names, also known as handles. The potential new revenue stream has been discussed since at least December.
The contours of this idea are still sketchy and remains to be seen if it will affect all user names or only some of them.
Though Musk previously raged about fake and "bot" accounts before buying the company, and in December Tweeted, "Twitter will soon start freeing the name space of 1.5 billion accounts."
"These are obvious account deletions with no tweets & no log in for years," he added.
https://twitter.com/elonmusk/status/1601124219009409024?s=20&t=wxJ_BU66SZ87cKHVT5IkoQ
Source: BusinessToday and Entrepreneur.com