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Elon Musk puts X’s TweetDeck behind paywall to prop up revenues

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1 year ago

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TweetDeck, rebranding to X Pro has been put behind a paywall by the platform X, formerly known as Twitter, with the site’s users redirected to a page to sign up for a premium subscription.

Users attempting to access the service, now rebranded as X Pro, were required to pay for X’s blue checkmark verification for an annual fee of $84.

The move is an attempt to make the X platform more profitable as confirmed by its CEO Elon Musk.

TweetDeck lets users watch several accounts and lists of users simultaneously and was made available to “verified” account holders in August, as per an announcement by X in July.

The social network company, which billionaire Musk purchased last year, has been scrambling to find methods to turn a profit, slashing jobs and increasing paid memberships.

The company was “close” to breaking even, said CEO Linda Yaccarino, who also promised to increase the number of app users that had been reduced by Musk.

The majority of X’s verified users are those that paid to get the blue checkmark, while Musk has given the verification symbol to some users as a gift.

The search and posting features of TweetDeck, which was introduced more than ten years ago, differ from those of the website and the app. TweetDeck displays messages in columns.

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With a loss of 32 paisas, the US dollar is now trading at 277 rupees on the interbank market.

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4 hours ago

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In the Interbank market, the United States dollar is currently trading at 277 rupees and 63 paise, indicating a depreciation of 32 paise. Yesterday, it reached a closing price of 277 rupees and 95 paise on the Interbank market.

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The price of gold has skyrocketed in Pakistan.

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4 hours ago

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Pakistan’s gold price recovered on Friday following a sharp drop the day before, mirroring worldwide market patterns.

According to data released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola rose by Rs2,000 in the local market, ending at Rs278,800.

Likewise, the cost of 10 grams of 24-karat gold increased by Rs1,715 to Rs239,026.

With an extra $20 premium, the price of gold increased by $21 on Friday to $2,683 per ounce on the global market as well.

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The PSX-100 index reaches a record high and surpasses 93,000 points.

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4 hours ago

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Historically, the Pakistan Stock Exchange (PSX) exceeded the 93,000-point threshold for the first time, with the KSE-100 index increasing by 480 points to attain a record high of 93,001 points.

A significant milestone was reached on the final business day of the week, establishing a new record for the nation’s stock market.

Economists ascribe the market’s expansion to expectations of an enhanced economic rating for Pakistan and a favorable perspective on economic reforms. The session commenced positively, with the 100 index initially increasing by 250 points, reaching 92,770 points prior to the day’s zenith. The market concluded the prior day at 92,520 points.

Simultaneously, the Pakistani rupee appreciated as the dollar decreased by 20 paisa in the interbank market, now valued at 277.75 rupees. Economists attribute this enhancement to heightened remittances and a current account surplus, which have strengthened the rupee’s status.

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