Billionaire Elon Musk-owned Twitter is currently planning to charge $19.99 for the new Twitter Blue subscription, according to a report by The Verge. Under the current plan, verified users would have 90 days to subscribe or lose their blue checkmark.
Employees working on the project were told on Sunday that they need to meet a deadline of November 7 to launch the feature or they will be fired, as per the report.
Elon Musk said in a tweet on Sunday that Twitter will revise its verification process, just days after he took over one of the world's most influential social media platforms, according to Reuters.
The CEO of Tesla Inc has not made a final decision and the project could still be scrapped but according to technology newsletter Platformer it is likely that verification will become a part of Twitter Blue.
Twitter Blue was launched in June last year as the platform's first subscription service which offers "exclusive access to premium features" on monthly subscription basis including a feature to edit tweets.
The feature to edit tweets was also made available earlier this month after Musk's insistence using a Twitter poll in April asking his millions of followers whether they wanted an edit button. Over 70 per cent had said yes.
The billionaire has also requested that logged out users visiting Twitter's site be redirected to Explore page which shows trending tweets, The Verge reported on Sunday citing employees who were familiar with the matter.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.