Twitter Working On Payments Feature: Report

According to Financial Times, Twitter Inc is working to introduce payments on the social media platform.

San Francisco:

Twitter Inc is working to introduce payments on the social media platform and has begun applying for regulatory licenses, the Financial Times reported on Monday, citing people familiar with the matter.

New boss Elon Musk is pushing Twitter to create new streams of revenue as it faces a drop in advertising income, following his $44-billion takeover of the company in October.

The development on the payments feature is being led Esther Crawford, a director of product management at Twitter, according to the report, which added that the executive was emerging to be a key lieutenant to Musk.

Twitter did not immediately respond to a Reuters request for comment.

Musk had previously said that the Twitter acquisition would be part of a master plan to create "the everything app", a service that would offer social networking, peer-to-peer payments and e-commerce shopping.

Prior to Musk's takeover, Twitter in early 2021 was exploring allowing its users to receive tips, or digital payments, from their followers.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Featured Video Of The Day

Shah Rukh Khan's "Alternate Business" Plan And Other Big Quotes

Adblock test (Why?)

from NDTV News- Special https://ift.tt/HekILY6 https://ift.tt/cXtY5eR
via IFTTT

Comments

US Defense Chief Austin To Make 'Full Recovery' From Cancer: Doctors

Austin, a 70-year-old career soldier, initially underwent minor surgery to treat cancer on December 22. Washington: US Defense Secretary Lloyd Austin is likely to make a "full recovery" from prostate cancer and his prognosis is "excellent," two doctors said after he was seen at Walter Reed hospital for a follow-up appointment. Austin controversially kept US President Joe Biden in the dark about the cancer diagnosis for weeks, and did not inform either the commander-in-chief or Congress until days after he was hospitalized on January 1 for complications from his treatment. "Secretary Austin was seen today at Walter Reed National Military Medical Center for a scheduled post-prostatectomy surveillance appointment," the doctors said in a statement released by the Pentagon. "He continues to recover well and is expected to make a full recovery. Secretary Austin's prostate cancer was treated early and effectively, and his prognosis is excellent,...

Republic Day Updates: Macron Chief Guest As Delhi Hosts Parade Amid Dense Fog

Adblock test (Why?) from NDTV News- Special https://ift.tt/yqj8XDV https://ift.tt/zHpGab4 via IFTTT

India, France Agree To Intensify Cooperation In Southwest Indian Ocean

The two countries also welcomed the extension of those interactions in India's maritime neighbourhood. New Delhi: India, France have agreed to intensify cooperation in the Southwest Indian Ocean, building on the joint surveillance missions carried out from the French island territory of La Reunion in 2020 and 2022. The two countries also welcomed the extension of those interactions in India's maritime neighbourhood. These interactions may contribute positively to the securitization of strategic sea lanes of communication, according to the India-France Joint Statement following French President Emmanuel Macron's India visit for the Republic Day celebrations. Prime Minister Modi and French President Macron reiterated their commitment to further deepen the long-standing partnership between the two countries, based on their common vision for the Indo-Pacific region. The leaders emphasised the region's significance for their respective sovereign and strategic interes...

டெக் மந்த்ரா

Search This Blog