Zürcher Nachrichten - Musk considers charging all X users monthly fee

EUR -
AED 4.356047
AFN 77.098481
ALL 96.578527
AMD 452.626632
ANG 2.123261
AOA 1087.678352
ARS 1715.600908
AUD 1.704695
AWG 2.137993
AZN 1.999161
BAM 1.954172
BBD 2.404706
BDT 145.89842
BGN 1.991946
BHD 0.447184
BIF 3537.212006
BMD 1.186127
BND 1.512065
BOB 8.250125
BRL 6.229061
BSD 1.193769
BTN 109.639559
BWP 15.620206
BYN 3.400581
BYR 23248.08086
BZD 2.401209
CAD 1.617438
CDF 2686.576759
CHF 0.919966
CLF 0.026042
CLP 1028.620629
CNY 8.245655
CNH 8.233
COP 4365.432106
CRC 591.217294
CUC 1.186127
CUP 31.432354
CVE 110.173654
CZK 24.292224
DJF 212.603729
DKK 7.469413
DOP 75.168628
DZD 153.797369
EGP 55.865719
ERN 17.791899
ETB 185.472969
FJD 2.643523
FKP 0.865581
GBP 0.865748
GEL 3.196593
GGP 0.865581
GHS 13.079156
GIP 0.865581
GMD 86.586829
GNF 10476.446395
GTQ 9.157446
GYD 249.783955
HKD 9.263957
HNL 31.513271
HRK 7.530128
HTG 156.252426
HUF 380.977331
IDR 19896.087161
ILS 3.678244
IMP 0.865581
INR 108.546592
IQD 1564.096604
IRR 49965.582138
ISK 145.003895
JEP 0.865581
JMD 187.097242
JOD 0.840975
JPY 183.613613
KES 153.010627
KGS 103.726642
KHR 4801.080108
KMF 492.242217
KPW 1067.513917
KRW 1719.521766
KWD 0.364259
KYD 0.994962
KZT 600.464557
LAK 25693.805403
LBP 106915.75543
LKR 369.223874
LRD 215.202481
LSL 18.957162
LTL 3.502324
LVL 0.717476
LYD 7.491789
MAD 10.829975
MDL 20.081435
MGA 5335.576238
MKD 61.632744
MMK 2490.84975
MNT 4228.096728
MOP 9.600999
MRU 47.638105
MUR 54.146602
MVR 18.337513
MWK 2070.283514
MXN 20.610384
MYR 4.675664
MZN 75.627679
NAD 18.956843
NGN 1655.726718
NIO 43.93413
NOK 11.465076
NPR 175.424773
NZD 1.97085
OMR 0.455869
PAB 1.193905
PEN 3.991774
PGK 5.110849
PHP 69.833205
PKR 333.990265
PLN 4.218222
PYG 7997.369327
QAR 4.352991
RON 5.095554
RSD 117.395701
RUB 90.860355
RWF 1741.992418
SAR 4.448418
SBD 9.550233
SCR 17.126513
SDG 713.488038
SEK 10.583212
SGD 1.506975
SHP 0.889902
SLE 28.852557
SLL 24872.480335
SOS 682.342894
SRD 45.132709
STD 24550.425312
STN 24.480116
SVC 10.446207
SYP 13118.055685
SZL 18.949053
THB 37.482821
TJS 11.145306
TMT 4.151443
TND 3.430356
TOP 2.855908
TRY 51.566909
TTD 8.106279
TWD 37.45728
TZS 3061.380922
UAH 51.171573
UGX 4268.46099
USD 1.186127
UYU 46.331976
UZS 14595.836966
VES 410.330299
VND 30863.013469
VUV 141.334941
WST 3.215329
XAF 655.427395
XAG 0.014439
XAU 0.00025
XCD 3.205566
XCG 2.151707
XDR 0.815124
XOF 655.413592
XPF 119.331742
YER 282.683658
ZAR 18.992887
ZMK 10676.554577
ZMW 23.430574
ZWL 381.932273
  • RBGPF

    1.3800

    83.78

    +1.65%

  • SCS

    0.0200

    16.14

    +0.12%

  • CMSC

    0.0500

    23.76

    +0.21%

  • NGG

    0.2000

    85.27

    +0.23%

  • BCC

    0.5100

    80.81

    +0.63%

  • BCE

    0.3700

    25.86

    +1.43%

  • RELX

    -0.3700

    35.8

    -1.03%

  • RIO

    -4.1000

    91.03

    -4.5%

  • RYCEF

    -0.4300

    16

    -2.69%

  • AZN

    0.1800

    92.77

    +0.19%

  • VOD

    -0.0600

    14.65

    -0.41%

  • GSK

    0.9400

    51.6

    +1.82%

  • CMSD

    -0.0400

    24.05

    -0.17%

  • JRI

    0.1400

    13.08

    +1.07%

  • BP

    -0.1600

    37.88

    -0.42%

  • BTI

    0.4600

    60.68

    +0.76%

Musk considers charging all X users monthly fee
Musk considers charging all X users monthly fee / Photo: Mandel NGAN - AFP

Musk considers charging all X users monthly fee

Elon Musk has sparked outrage among fans of his social media platform X by suggesting he might introduce a monthly fee for all users, in what would be the biggest shake-up since he took over the site then known as Twitter last October.

Text size:

During a talk with Israeli Prime Minister Benjamin Netanyahu on Monday, Musk said that introducing a small monthly payment for X would combat the "armies of bots" on the site.

Musk bought Twitter for $44 billion but has since admitted its value has plunged after he gutted its workforce and allowed right-wing conspiracy theorists back on the site, sending advertisers fleeing.

X users united in dismay at his latest plan, suggesting it could finally put an end to the site, and analysts questioned the logic of a move that would make the platform even less appealing to advertisers.

Musk said in July the platform had lost roughly half its advertising revenue, though he has also claimed that almost all advertisers had returned.

Bots -- accounts run by computer programs rather than humans -- are common on X, where they can be used to amplify political messages or racial hatred.

Netanyahu asked Musk about anti-Semitism, and how X could "prevent the use of bots -- armies of bots -- to replicate and amplify it".

Musk replied that the company was "moving to having a small monthly payment for use of the X system".

"It's the only way I can think of to combat vast armies of bots," he said, explaining that even a small fee would make it expensive to run bots.

- 'Network effect' -

The conversation, which was broadcast on X, came as the Tesla tycoon is mired in a row with the Anti-Defamation League, a US-based Jewish organization.

Musk has threatened to sue the ADL for making unfounded accusations of anti-Semitism that have scared away advertisers and hurt his company's revenue.

Musk has long been accused of promoting anti-Semitic tropes.

Just a day before meeting Netanyahu, Musk responded to a post blaming Jewish billionaire George Soros for encouraging immigration to Europe, saying: "The Soros organization appears to want nothing less than the destruction of western civilization."

His move to make users pay sparked thousands of critical messages and memes on Tuesday.

"RIP X/Twitter! It's been REAL and it's been FUN but since you took over, it ain't been REAL FUN," a user called Jesi T wrote.

James Cooper, director of the Business of Apps agency, said introducing a blanket paywall would crush the "network effect" of having millions of people interacting on the site, one of its biggest appeals for both advertisers and users.

"Universal charging for the service would decimate the user base and therefore destroy the value in the network and the reason to take part in the platform as a contributor," he told AFP.

O.Hofer--NZN