Twitter Shares Take Wing On Plan For Subscription Platform

In this file photo taken on May 2, 2019 logos of US social network Twitter are displayed on the screen of smartphones, in Nantes, western France. Twitter shares closed the formal trading day up more than 7 percent after word spread of a team codenamed “Gryphon” working on a subscription platform.

The free one-to-many messaging service has become a seemingly indispensable online venue for the latest news or commentary, with US President Donald Trump among those who post frequently.A Twitter job posting said the San Francisco-based company is looking for a senior software engineer to lead payment and subscription work as part of a new “Gryphon” team.“We are building a subscription platform, one that can be reused by other teams in the future.

Chief executive Jack Dorsey during an earnings call that the platform was working to be a useful resource for people during the pandemic.

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