• About
  • Advertise
  • Careers
  • Contact Us
Saturday, June 21, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
ADVERTISEMENT
Home News

Twitter Risks Losing Users As Elon Musk Announces Plans To Monetize Tweets

by Justice Godfrey Okamgba
May 4, 2022
in News
0
UBA
Advertisements

When billionaire entrepreneur, Elon Musk finalized deals to buy Twitter for $44billion, there were fears that the microblogging platform could turn out to profiteering venture. 

Barely two weeks after the official takeover, the African-born business magnate sent out a tweet on Wednesday that generated many reactions.

Musk tweeted, “Twitter will always be free for casual users, but maybe a slight cost for commercial/government users”.

Advertisements
MTN ADS
Elon Musk tweeted on Wednesday, 4th May 2022

Should Twitter’s pay-to-post policy be implemented, it would be the first social media platform to do so. 

Critics are questioning why they should be on Twitter when there are other free platforms like Facebook and Instagram. 

Twitter has 1.3 billion accounts, but only 330 million are active users. While Facebook currently has 2.93 billion monthly active users as of the first quarter of 2022. 

Facebook could have its number of active users increased, in the long run, should Musk go ahead to start monetizing tweets. 

Musk on several occasions has shown to be a strong advocate of free speech. During the takeover, in a statement, he mentioned that free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated. 

Before taking over from Twitter, he said his goal was to make Twitter as inclusive as possible and restore it to a free platform to exchange ideas. 

However, Musk only revealed the potential for monetizing tweets. However, never gave proper insights on those classified as casual users, commercial/government. 

Techeconomy understands that Musk has plans to take Twitter Inc public in the next 3 years. 

Musk, the world’s richest man is worth $225 billion – over 90 percent of that wealth is tied up to his stock at Tesla. Reportedly, Musk only has $3 billion in cash, according to Bloomberg. 

Loading

Author

  • Justice Godfrey Okamgba
    Justice Godfrey Okamgba

    View all posts
0Shares
Justice Godfrey Okamgba

Justice Godfrey Okamgba

Next Post

MTN Nigeria to Spend Over N300m on Media Innovation Programme

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

What Flutterwave Said over Alleged N2.9bn Hacking Claims

What Flutterwave Said over N2.9bn Hacking Claims

2 years ago
side hustle in Nigeria

Side Hustles that Work in Nigeria

2 weeks ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

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