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Elon Musk says Twitter to move behind paywall as all users forced to pay ‘small’ monthly fee
Elon Musk says Twitter to move behind paywall as all users forced to pay ‘small’ monthly fee
Elon Musk said X is looking to charge users a “small monthly payment” to tackle bots on the social network. X, previously known as Twitter, underwent a number of changes soon after Mr Musk, the multibillionaire owner of X Corp, bought it. The platform is now “moving to having a small, monthly payment for use of the X system” to combat “vast armies of bots”, Mr Musk said during a livestreamed conversation with Israeli prime minister Benjamin Netanyahu on Monday. However, the Tesla and SpaceX boss did not reveal how much the new plan would cost X users or what additional features subscribers would get. During the interaction with Mr Netanyahu, the Tesla titan said X currently has 550 million “monthly users” who generate 100-200 million posts per day, adding that the new change to include a “small amount of money” would be necessary to deal with the problem posed by bots. It is unclear whether the multibillionaire’s figure of 550 million monthly users includes bots and also doesn’t allow comparison with the metric the company has used to estimate its user base, called the “average monetizable daily active users” or mDAUs. But the Tesla chief said a subscription fee would make it more difficult for bots to create accounts as each bot would need a new credit card to register on the platform. “It’s the only way I can think of to combat vast armies of bots,” Mr Musk said. “Because a bot costs a fraction of a penny – call it a tenth of a penny – but even if it has to pay a few dollars or something, the effective cost of bots is very high,” he explained. The platform has historically struggled to curb the activity of bots, with the company’s former security chief Peiter Zatko telling the US Congress last year that Twitter does not even know how many automated accounts are on the site. Mr Musk even cited bots as a reason to back out of buying the social platform before he went on to complete the deal. He has also previously discussed putting all of Twitter behind a paywall. Now the Tesla boss says the rebranded X plans to introduce a new “lower tier pricing” than the $8 monthly fee it currently charges subscribers of its premium Blue service. The conversation between Mr Musk and the Israeli prime minister also touched on topics like AI regulation as well as hate speech and antisemitism on X. Mr Musk claimed during the discussion that he’s “against antisemitism” and “anything that promotes hate and conflict”. “I’m sort of against attacking any group, you know. Doesn’t matter who it is,” the Tesla chief said. Online safety experts have warned about the social media platform under “free speech absolutist” Mr Musk offering “amnesty” to accounts previously suspended for hate speech and instigating violence. Under the Tesla titan, the platform restored the account of former US president Donald Trump who was banned following the 2021 Capitol riots, as well as the profiles of Republican Marjorie Taylor Greene and neo-Nazi website founder Andrew Anglin. Read More The ex factor: the very complex love life of Elon Musk Netanyahu visits Elon Musk in California with plans to talk about artificial intelligence Turkey's President Erdogan and Elon Musk discuss establishing a Tesla car factory in Turkey Elon Musk’s X finally agrees to try and settle Twitter’s mass layoffs lawsuit Musk the messiah (or a very naughty boy?) Elon Musk warns of ‘civilisational risk’ posed by AI at historic gathering
2023-09-19 13:23
Top EU official bemoans 'unpredictablity' of Chinese law on Beijing trip
Top EU official bemoans 'unpredictablity' of Chinese law on Beijing trip
The European Commission's digital chief said Tuesday that murky Chinese laws were fuelling concerns among foreign firms in the country, following discussions with Beijing officials about critical areas...
2023-09-19 13:20
Lula Has a Date With Zelenskiy in NYC Despite Past Acrimony
Lula Has a Date With Zelenskiy in NYC Despite Past Acrimony
After a disappointing video call and an awkward snub at the Group of Seven, Brazil’s Luiz Inacio Lula
2023-09-19 12:55
Atlantic nations commit to environmental, economic cooperation on sidelines of UN meeting
Atlantic nations commit to environmental, economic cooperation on sidelines of UN meeting
More than 30 Atlantic countries on four continents have committed to bolster coordination on economic development, environmental protection, maritime issues and more
2023-09-19 11:54
Asian markets drop ahead of Fed decision, oil prices push on
Asian markets drop ahead of Fed decision, oil prices push on
Asian stocks sank Tuesday following sedate performance on Wall Street as investors keep their powder dry ahead of the Federal Reserve's policy...
2023-09-19 11:22
White House push to fight impeachment 'lies' raises eyebrows
White House push to fight impeachment 'lies' raises eyebrows
The White House is on an offensive to discredit the Republicans' impeachment inquiry into President Joe Biden, directing the media to call out "disinformation" in unusual...
2023-09-19 09:29
US jobs market solid but Fed risks pushing too far
US jobs market solid but Fed risks pushing too far
The US labor market is remarkably solid despite aggressive interest rate hikes to fight inflation and a recent rise in unemployment, but analysts warn that the...
2023-09-19 09:23
Grievance filed by NFL says players' union leaders advised running backs to fake injuries
Grievance filed by NFL says players' union leaders advised running backs to fake injuries
The NFL says leaders of the players' union have advised running backs to fake injuries
2023-09-19 09:21
Taylor Swift, Beyonce reporting jobs trigger controversy
Taylor Swift, Beyonce reporting jobs trigger controversy
It's rare for a news outlet to dedicate a reporter to one personality, but the publication USA Today has decided Taylor Swift and Beyonce are...
2023-09-19 09:21
US auto workers leave room to accelerate strike as talks continue
US auto workers leave room to accelerate strike as talks continue
Uncertainty will be the most powerful weapon wielded by US auto workers, industry watchers said as the first ever simultaneous strike by Detroit's "Big Three"...
2023-09-19 09:16
Asia Stocks Face Mixed Open With Focus on Rates: Markets Wrap
Asia Stocks Face Mixed Open With Focus on Rates: Markets Wrap
Asian stocks are poised for a mixed opening, reflecting Wall Street’s cautious start to a week with rate
2023-09-19 07:52
US plans to monitor $6bn to Iran. Experts are sceptical
US plans to monitor $6bn to Iran. Experts are sceptical
Washington says it can police how Tehran uses the prisoner swap windfall. Analysts aren't so sure.
2023-09-19 06:24
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