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Twitter is an online service that lets users send and read short messages called “tweets”. The site is used by celebrities, brands and journalists to distribute news directly to their fans. The site was launched in July 2006 by Jack Dorsey, Evan Williams, Biz Stone and Noah Glass. The company was listed on the New York Stock Exchange on November 7, 2013. The company was purchased by Elon Musk, for $44 billion, in September 2022.

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7 Feb, 2023

Report: Twitter has 180,000 US subscribers

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According to The Information, only 180,000 people in the US have paid for a Twitter Blue subscription, 0.2% of the website’s monthly active users. The publication said it saw the information on a document that also revealed that 62% company’s paying users reside in the US, meaning Twitter has approximately 290,000 subscribers worldwide. Musk told Twitter employees last year that he wants half of the website’s revenue to come from subscriptions. One avenue the company is considering to earn more from its subscription services is to offer a higher-priced membership tier that allows users to browse the website with zero ads.