Twitter is considering alternative revenue streams, including some kind of subscription offering, according to a person familiar with the company’s plans. — Dreamstime/TNS
Twitter Inc shares rose as much as 12% on July 8 amid speculation that the social media company is building a paid subscription-based service.
Twitter is considering alternative revenue streams, including some kind of subscription offering, according to a person familiar with the company’s plans. A new group called Gryphon is still being assembled, and it’s possible that a subscription product never launches, the person added, asking not to be named discussing information that is not yet public.
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