Twitter, one of the largest social media platforms in the world, has been undergoing a great change recently. Elon Musk’s sensational acquisition process caused the company to come up with non-platform issues many times. The business person is literally rebuilding the platform.
Twitter switches to banking services
Elon Musk explained the plans he wanted to realize within the platform at his meeting with the staff. The desire of the business person to make money on Twitter was already known. Now, Musk conveyed to his employees that the necessary work should be started for Twitter banking services.
With Twitter banking services, users will be able to pay their in-platform payments with the money they deposit into their accounts. Musk also wants to pave the way for shopping on the platform. With this service, a user will be able to instantly send money to a user in another part of the world. The businessman expressed his plan in these words:
There isn’t a huge difference between sending a direct message and sending a payment. These are basically the same thing. In principle, you can use a direct messaging stack for payments. And that’s definitely one direction we’re going in, making sure people on Twitter can send money instantly and in real time to anywhere in the world.
Chaos on Twitter! Fake accounts got blue ticks
Some fake accounts with Twitter Blue subscriptions caused chaos by impersonating celebrities by getting blue ticks.
On the other hand, one of the most hot topics specific to the platform is blue tick it happened. Blue teak, which was first used in a few countries including the USA, started to take place in Turkey as well. Twitter users who pay $8 a month now get a blue tick that indicates they have a verified account. Twitter Blue subscribers who pay 110 TL in Turkey will have a blue tick.
Twitter was against radical change, except for minor changes, in order not to deviate from its main purpose, especially when Jack Dorsey was CEO. The management that came after his departure applied some innovations to increase the in-platform experience. It seems that with Elon Musk, the platform will evolve in a completely different direction.
What do you think of Elon Musk’s Twitter plans? How do you think the changes affect the platform? Please share your views with us in the comments section.