| Twitter will always remain free for “casual users” but government and commercial users may see a “slight cost” to stay on the social media platform, the company’s would-be owner Elon Musk said in a tweet Tuesday .for $US44 billion and take the company private was accepted by Twitter’s board last week, pitched bankers on the idea of new business models for the service during conversations last month to line up financing for the deal.
But Twitter Blue is targeted toward the service’s most dedicated users and not business or government accounts, though some aspects of the Twitter Blue service - like the ability to post longer videos - might appeal primarily to commercial accounts. Twitter already sells other products targeted at commercial users, including access to the Twitter API for businesses interested in marketing or brand analysis.
The world’s richest man said he plans to stage an initial public offering to return Twitter to public markets, according to report said.
Source: News Formal (newsformal.com)
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