Musk announces new Twitter monetization tool ...News

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The platform will not take a cut for the first year under the new system, which launched days after Substack’s Notes Twitter CEO Elon Musk has expanded Twitter’s product offerings in an apparent bid to compete with blogging platform Substack, tweeting on Thursday that users can “apply to offer your followers subscriptions of any material, from longform text to hours long video!” The billionaire explained that “Twitter will keep none of the money” users make during the next 12 months, meaning they can earn 70% of the cost of iOS and Android subscriptions and about 92% for web subscriptions.  After the first year, s

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