Twitter plans subscription model after a massive revenue slump
After reporting Q2 earnings that showed a marked dip in ad revenue, Twitter has said its exploring alternatives, dangling the possibility of a subscription option. The social media giant reported ad revenues of $562M, down almost a quarter (23%) on a year ago as the pandemic and “civil unrest” had both contributed to the decline. Twitter CEO Jack Dorsey told investors it’ll likely run subscription “tests” this year
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“You can have an edit button when everyone wears a mask,” says Twitter
San Francisco based microblogging site Twitter has been under pressure for a while now to introduce the edit feature in tweets. Once you publish a tweet, you cannot edit, you have to delete it or roll with it. Twitter has said it will start letting people edit their tweets when there is widespread adoption of face masks in the world, which is still grappling with the coronavirus pandemic
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CNBC
Twitter deletes 170,000 accounts linked to the Chinese Government
Twitter made an announcement on Thursday that it had deleted around 170,000 accounts tied to the Chinese government. Experts working with Twitter who reviewed the accounts said they pushed deceptive narratives around the Hong Kong protests, Covid-19, and other topics. The company said the accounts were "spreading geopolitical narratives favorable to the Communist Party of China" and were removed for violating its platform manipulation policies
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Twitter allows staff to work from home forever if they want to
Twitter has been one of the early adopters of the work-from-home concept amid coronavirus pandemic. Twitter CEO Jack Dorsey sent an email to staff mentioning that they can continue working from home forever if they feel so. “If our employees are in a role and situation that enables them to work from home and they want to continue to do so forever, we will make that happen” he added
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Techcrunch
Apple’s Mission India
Apple’s Mission India
According to the recent reports, Apple is planning to shift almost a fifth of its production capacity from China to India. The tech giant wants to take advantage of the benefits of the Indian government’s new production-linked incentives (PLI) scheme to encourage local production in the country. The company is also expected to benefit from the relaxation given on local sourcing norms by the Indian government
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Livemint