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And More November 3, 2022 2 mins read

Twitter Is at Risk of Losing its “Magic,”, Says Former Executive at the Social Platform

And More ı By Rochdi Rais

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Elon Musk CEO of Tesla (TSLA)

BBC News reported that a former executive said Twitter was at risk of losing its "magic," and he was "curious and worried" about how Elon Musk is planning to strengthen revenues. 

The new ruler of Twitter said this week that the social behemoth could charge users $8 a month for "verified" status and a blue tick. The fee could suggest that subscribers will encounter fewer ads and their replies might receive higher priority. 

Brandon Borrman, the platform's former global communications chief, told BBC News on Thursday that such a policy could "stratify" Twitter.

"If charging for the blue tick was the fairest way to do it, I think Twitter probably would have done it a while ago," he told the outlet.

Musk's plans come the week after completing his $44 billion deal to buy the platform.

"It's great for people who have money and want to spend money on having their voice amplified," Borrman told BBC News. While "$8 might seem like nothing to a lot of people," he added that "it's quite substantial for most people."

The former executive said rival platforms were "not consumer or user friendly" and that Twitter needed to "convince" users of the benefit of subscribing. 

"Elon obviously has a particular way he likes to manage and approach things that's quite different from the way Twitter has been managed in the past," he told BBC News. "There's a lot of people who are in 'wait-and-see' mode."

 

 

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Rochdi Rais

Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.

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