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1 big thing

Finding the truth on Twitter could get much harder

1 big thing

Axios

News

4.02K Ratings

🗓️ 1 November 2022

⏱️ 11 minutes

🧾️ Download transcript

Summary

Less than a week after Elon Musk officially became the owner of Twitter, there are reports that the company may start charging up to $20 a month for the subscription that will allow users to keep the blue verification checkmark which confirms that world leaders, celebrities, journalists, local politicians and many others are who they say they are. Making that a paid feature could risk opening Twitter up to lots more mis- and disinformation. Plus, salaries get more transparent in some states. And, affirmative action is in peril at the Supreme Court. Guest: Axios' Sara Fischer and Emily Peck, and The National Constitution Center's Jeffrey Rosen. Credits: Axios Today is produced by Erica Pandey, Niala Boodhoo, Sara Kehaulani Goo, Alexandra Botti, Fonda Mwangi and Alex Sugiura. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893. Go Deeper: Scoop: Musk team working to reboot Vine this year NYC law forces more companies to disclose salary information Affirmative action is at death's door at the Supreme Court Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Good morning. Welcome to Axios today. It's Tuesday, November 1st. I'm Eric

0:08.9

Pandy in Ferniala, Boudou. Here's what we're covering, salaries get more

0:13.7

transparent in some states. Plus, affirmative action is in peril at the Supreme

0:19.2

Court. But first, why could soon be harder to tell truth from fiction on Twitter?

0:24.4

That's today's one big thing.

0:30.0

Less than a week after Elon Musk officially became the owner of Twitter, we're

0:36.9

starting to learn more about what might change under his leadership. One

0:41.4

possibility is a Twitter will start charging up to $20 a month for the

0:45.9

subscription that'll allow users to keep that blue verification checkmark. That

0:50.6

confirms that world leaders, celebrities, journalists, local politicians, and

0:55.3

many others are who they say they are. Making that a paid feature, though, could

1:00.4

risk opening Twitter up to lots more missing disinformation. Axios and Sarah

1:05.1

Fisher's got more on this. So, Sarah, do we know why Musk is even suggesting this?

1:10.0

Erica sources tell Axios that Musk is interested in weaning Twitter off of

1:15.6

its reliance on advertising and pushing it further into subscriptions. And the

1:20.2

reason being is subscription revenue tends to be more reliable. It's

1:23.8

something that users will pay on a recurrent basis. And it's something that

1:27.5

users pay for instead of brands or advertisers. And then the other thing to

1:31.7

note is Twitter has tried to engage in subscription revenue. Last year, they

1:35.8

launched Twitter Blue, which gives users access to further features. They've

1:39.6

launched super follows, which allows users to pay to get additional tweets from

1:44.0

their favorite Twitter follows. And they've launched tweet tech subscriptions.

...

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