Categories: Business

Elon Musk postpones Twitter Blue relaunch

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Elon Musk has postponed the relaunch of his flagship subscription service, Twitter Blue, within the newest signal of the challenges the billionaire is dealing with as he makes an attempt to overtake the social media platform.

The billionaire entrepreneur, who purchased Twitter for $44bn final month, mentioned in a tweet on Monday night that he was “holding off” from launching the product once more till there was a “excessive confidence of stopping impersonation”.

Musk had deliberate to restart Twitter Blue on November 29 following its botched rollout earlier this month, which noticed its “blue tick” function abused by impersonators on the platform.

Musk mentioned on Twitter on Monday that the subscription service would “in all probability use totally different colour examine for organizations than people”.

It’s the newest growth in a tumultuous few weeks for Twitter beneath Musk’s helm, throughout which he has axed half the corporate’s workforce and prompted the departure of a whole lot extra final week after urging them to commit formally to “hardcore” work circumstances or take three months’ severance pay.

The botched Twitter Blue rollout has exacerbated rising issues amongst manufacturers about whether or not the platform is a protected place to promote or put up, given Musk’s earlier pledges to calm down content material moderation guidelines and his transfer on Sunday to reinstate Donald Trump’s Twitter account.

Trump was banned for all times on the platform quickly after a mob of his supporters stormed the US Capitol on January 6 final yr.

Musk recognized the launch of the subscription service, which allows paid customers to entry further options together with a blue tick, as a precedence when he took over Twitter. He has pitched Twitter Blue as a approach of boosting income by charging customers $7.99 a month for unique advantages.

Paying customers can be given a “blue tick” — at current reserved for verified corporations, politicians, celebrities and journalists — in addition to different advantages together with the flexibility to edit tweets and filter notifications.

However Twitter Blue has been plagued with difficulties, with the primary iteration withdrawn simply days after its launch after customers abused the system to impersonate high-profile people and types.

This included a pretend Eli Lilly account that mentioned the drugmaker was gifting away free insulin. One other person posted a tweet from an account posing as Lockheed Martin that claimed the corporate was halting weapons gross sales to Saudi Arabia, Israel and the US pending an investigation into their human rights information.

In a transfer to reassure advertisers and high-profile customers, Musk beforehand mentioned he was “punting” the relaunch of the service to November 29 “to verify it’s rock strong”.

Even earlier than the botched rollout, high-profile manufacturers, together with Basic Motors, Carlsberg and Basic Mills, had paused promoting spending with Twitter over “model security” issues.

Twitter has additionally suffered an exodus of high executives over the previous two weeks, including to issues from regulators about its knowledge safety and compliance with privateness guidelines.

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