• LOGIN
  • WEBMAIL
  • CONTACT US
Sunday, May 11, 2025
21st CENTURY CHRONICLE
  • HOME
  • NEWS
    • BREAKING NEWS
    • LEAD OF THE DAY
    • NATIONAL NEWS
    • AROUND NIGERIA
    • INTERVIEWS
    • INTERNATIONAL
  • INVESTIGATIONS
    • EXCLUSIVE
    • INFOGRAPHICS
    • SPECIAL REPORT
    • FACT CHECK
  • BUSINESS
    • AVIATION
    • BANKING
    • CAPITAL MARKET
    • FINANCE
    • MANUFACTURING
    • MARITIME
    • OIL AND GAS
    • POWER
    • TELECOMMUNICATION
  • POLITICS
  • CHRONICLE ROUNDTABLE
  • OUR STAND
  • COLUMNS
  • OTHERS
    • BLAST FROM THE PAST
    • ON THE HOT BURNER
    • FEATURES
    • SPORTS
    • ENTERTAINMENT
      • KANNYWOOD
      • NOLLYWOOD
    • BAZOOKA JOE
    • THIS QUEER WORLD
    • FIGURE OF THE DAY
    • QUOTE OF THE DAY
    • INSURGENCY
    • CRIME
No Result
View All Result
  • HOME
  • NEWS
    • BREAKING NEWS
    • LEAD OF THE DAY
    • NATIONAL NEWS
    • AROUND NIGERIA
    • INTERVIEWS
    • INTERNATIONAL
  • INVESTIGATIONS
    • EXCLUSIVE
    • INFOGRAPHICS
    • SPECIAL REPORT
    • FACT CHECK
  • BUSINESS
    • AVIATION
    • BANKING
    • CAPITAL MARKET
    • FINANCE
    • MANUFACTURING
    • MARITIME
    • OIL AND GAS
    • POWER
    • TELECOMMUNICATION
  • POLITICS
  • CHRONICLE ROUNDTABLE
  • OUR STAND
  • COLUMNS
  • OTHERS
    • BLAST FROM THE PAST
    • ON THE HOT BURNER
    • FEATURES
    • SPORTS
    • ENTERTAINMENT
      • KANNYWOOD
      • NOLLYWOOD
    • BAZOOKA JOE
    • THIS QUEER WORLD
    • FIGURE OF THE DAY
    • QUOTE OF THE DAY
    • INSURGENCY
    • CRIME
No Result
View All Result
21st Century Chronicle
No Result
View All Result
Your ads here Your ads here Your ads here
ADVERTISEMENT

Elon Musk: Social media platform X could go behind paywall

by Bello Musa
September 19, 2023
in Technology
0
Elon Musk: Social media platform X could go behind paywall
Share on FacebookShare on TwitterShare on TelegramShare on WhatsApp

Elon Musk has suggested that all users of X, formerly called Twitter, may have to pay for access to the platform.

In a conversation with Israeli Prime Minister Benjamin Netanyahu, the billionaire said a payment system was the only way to counter bots.

READ ALSO

Tinubu pledges support for Fintech coys

Twitter is most harmful social media in Nigeria – Report

“We’re moving to having a small monthly payment for use of the system,” the Tesla and SpaceX boss said.
The BBC approached X for further details but has not yet received a statement from the company.

It is unclear whether this was just an off-the-cuff comment, or a signal of firmer plans that have yet to be announced.

Mr Musk has long said that his solution for getting rid of bots and fake accounts on the social media platform is charging for verification.

Since taking over Twitter last year he has looked to incentivise users to pay for an enhanced service, which is now called X Premium.

This has been done by giving paid subscribers more features, like longer posts and increased visibility on the platform.

However, users can currently still use X for free.
Although there is a clear financial interest for the company to charge users, Mr Musk insisted that getting people to pay for the service is aimed at tackling bots.

“A bot costs a fraction of a penny” to make he said. “But if somebody even has to pay a few dollars or something, some minor amount, the effective cost to bots is very high”.

X Premium currently costs $8 (£6.50) a month in the US. The price differs depending on which country a subscriber is in.

The world’s richest person said that he was now looking at cheaper options for users.

“We’re actually going to come up with a lower tier pricing. So we just want it to be just a small amount of money,” he said.

“This is a longer discussion, but in my view, this is actually the only defence against vast armies of bots,” Mr Musk added.

However, a risk is that by putting X behind a paywall it may lose a large chunk of its users. That in turn, could drive down advertising revenue, which currently accounts for the vast majority of the company’s income.

Mr Musk’s conversation with the Israeli prime minister also touched on antisemitism on X.

The platform has been accused by the Anti-Defamation League (ADL) campaign group of not doing enough to stop antisemitic content.

In a statement, the organisation said that Mr Musk was “engaging with and elevating” antisemites.

Earlier this month, he said that the company would sue the ADL to “clear our platform’s name”.

In the conversation with Mr Netanyahu, Mr Musk reiterated that he was “against antisemitism”.

Mr Netanyahu accepted the balance between free speech and content moderation was a challenge but urged Mr Musk to get the balance right.

“I hope you find within the confines of the First Amendment, the ability to stop not only antisemitism… but any collective hatred of people that antisemitism represents,” he said.

“I know you’re committed to that”, Mr Netanyahu added.

Related Posts

Tinubu pledges support for Fintech coys

Tinubu pledges support for Fintech coys

February 23, 2025
Musk’s X aims to hire 100 content moderators

Twitter is most harmful social media in Nigeria – Report

February 14, 2025
Partnership with Google will turn Nigeria to global tech hub – FG

Partnership with Google will turn Nigeria to global tech hub – FG

February 14, 2025
Ex-Google boss warns of extreme risk of terrorists using AI

Ex-Google boss warns of extreme risk of terrorists using AI

February 13, 2025
Top ex-Google AI researchers raise funding from Thrive Capital – Sources

AI can replace 70% of tasks in computer-based jobs – Study

February 7, 2025
Facebook plans to sack employees – Report

Zuckerberg: Meta to invest up to $65 billion in 2025 to drive AI ambitions

January 25, 2025
No Result
View All Result

Recent Posts

  • You also have a cause to smile
  • Too many parties spoil governance – Ganduje
  • New Nigerian pensioner
  • Dangote donates N15 billion to Kano varsity
  • Insecurity: Northern governors urge NASS to expedite action on state police

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021

Categories

  • A Nigerian elder reflects
  • Agriculture
  • Analysis
  • Around Nigeria
  • Arts
  • Automobile
  • Aviation
  • Banking
  • Bazooka Joe
  • Blast from the past
  • Books
  • Breaking News
  • Business Scene
  • Capital Market
  • Cartoons
  • Chronicle Roundtable
  • Column
  • Crime
  • Culture
  • Defence
  • Development
  • Diplomacy
  • Economy
  • Education
  • Entertainment
  • Environment
  • Exclusive
  • Extra
  • Fact Check
  • Features
  • Figure of the day
  • Finance
  • For the record
  • Fragments
  • Gender
  • Health
  • Housing
  • Human rights
  • Humanitarian
  • ICT
  • Infographics
  • Insecurity
  • Insurance
  • Insurgency
  • Interesting
  • Interviews
  • Investigations
  • Judiciary
  • Kannywood
  • Labour
  • Lead of the Day
  • Legal
  • Letters
  • Lifestyle
  • Literature
  • Live Updates
  • Manufacturing
  • Maritime
  • Media
  • Metro News
  • Mining
  • My honest feeling
  • National news
  • National News
  • News
  • News International
  • Nollywood
  • Obituaries
  • Oil and Gas
  • On the hot burner
  • On The One Hand
  • On the one hand
  • Opinion
  • Our Stand
  • Pension
  • People, Politics & Policy
  • Philosofaith
  • Photos of the day
  • Politics
  • Power
  • Profile
  • Property
  • Quote of the day
  • Railway
  • Religion
  • Rights
  • Science
  • Security
  • Special Report
  • Sports
  • Technology
  • Telecommunication
  • The Plumb Line
  • The way I see it
  • The write might
  • This queer world
  • Tourism
  • Transport
  • Tributes
  • Uncategorized
  • Video
  • View from the gallery
  • Women

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
  • PRIVACY POLICY
  • CONTACT US
  • ABOUT US

© 2020 21st Century Chronicle

No Result
View All Result
  • HOME
  • NEWS
    • BREAKING NEWS
    • LEAD OF THE DAY
    • NATIONAL NEWS
    • AROUND NIGERIA
    • INTERVIEWS
    • INTERNATIONAL
  • INVESTIGATIONS
    • EXCLUSIVE
    • INFOGRAPHICS
    • SPECIAL REPORT
    • FACT CHECK
  • BUSINESS
    • AVIATION
    • BANKING
    • CAPITAL MARKET
    • FINANCE
    • MANUFACTURING
    • MARITIME
    • OIL AND GAS
    • POWER
    • TELECOMMUNICATION
  • POLITICS
  • CHRONICLE ROUNDTABLE
  • OUR STAND
  • COLUMNS
  • OTHERS
    • BLAST FROM THE PAST
    • ON THE HOT BURNER
    • FEATURES
    • SPORTS
    • ENTERTAINMENT
      • KANNYWOOD
      • NOLLYWOOD
    • BAZOOKA JOE
    • THIS QUEER WORLD
    • FIGURE OF THE DAY
    • QUOTE OF THE DAY
    • INSURGENCY
    • CRIME

© 2020 21st Century Chronicle

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.