Elon Musk says Twitter will soon allow users to monetize content and post long-form posts

Twitter will soon allow its users to monetize their own content on the platform in addition to posting long posts beyond the traditional character limit, CEO Elon Musk announced on Saturday.

Musk, who took over Twitter in late October, announced plans for sweeping changes at the company, already laying off several senior executives. However, Musk did not elaborate on how creators could monetize their content.

“Twitter will soon add the ability to attach long text to tweets, ending the nonsense of notepad screenshots,” Musk wrote on Saturday.

“Followed by creator monetization for all forms of content,” he added.

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Elon Musk with the Twitter logo

ANKARA, TURKIYE – OCTOBER 06: In this photo illustration Elon Musk’s image is displayed on a computer screen and twitter logo on a mobile phone in Ankara, Turkiye on October 06, 2022. (Muhammed Selim Korkutata/Anadolu Agency/Getty Images)

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The news came about a day after Twitter revealed plans for a new verification system, allowing users to pay between $4 and $8 to secure the coveted blue check mark. Verification badges traditionally meant a public figure’s authentic account, but Musk says this has resulted in a “lord and peasant” system on the platform.

Musk has fired thousands of Twitter employees since taking over the company. And some Democrats on Capitol Hill have started targeting the billionaire.

Sen. Chris Murphy, D-Conn., set his sights on Musk last week, sending a letter to Treasury Secretary Janet Yellen pointing out that members of the Saudi royal family are prominent investors in Twitter. However, Saudi Prince Alwaleed bin Talal had bought his stake in Twitter long before Musk bought the company.

“I am writing to bring to your attention potential national security concerns arising from the recent takeover of Twitter, Inc. by Elon Musk and a number of private investors,” Murphy wrote to Yellen, according to a copy of the letter obtained by Punchbowl News. . “Apart from the vast stores of data Twitter has collected on American citizens, any possibility that foreign ownership of Twitter will lead to increased censorship, misinformation, or political violence is a serious national security concern.

“Saudi Arabia is one of the most repressive countries in the world, with little or no tolerance for freedom of expression. It is important to note that the Saudi government has demonstrated its willingness to enforce its restrictive approach to dissent outside the Kingdom’s borders, exemplified most tragically by the murder of Washington Post journalist Jamal Khashoggi,” the letter continues.

Ron Baron, Elon Musk

Baron Capital Group Chairman and CEO Ron Baron speaks with Tesla CEO Elon Musk during the 29th annual Baron Investment Conference in New York, Friday, November 4, 2022. (Baron Capital via AP/Fox News)

Elon Musk and Parag Agrawal.

Elon Musk and Parag Agrawal. (Reuters | Twitter / Reuters Pictures)

Critics were outraged when Musk announced the firing of several senior company executives, including CEO Parag Agrawal, chief financial officer Ned Segal and head of legal, trust and safety policy Vijaya Gadde.

Gadde led the company’s effort to censor the Hunter Biden laptop story first published in the New York Post ahead of the 2020 election.

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Musk said goal by buying Twitter was to protect freedom of expression, saying in a statement last week that a public square open to diverse opinions is necessary for the development of democracy.

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