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Tech
Twitter’s Latest Monetization Plan Makes Its API Fee-Based
(CTN News) – The Twitter API will no longer be accessible to users as of February 9, 2023. According to Twitter, users will no longer be able to access the API for free.
In order to expand its monetization efforts, the company plans to launch a paid version of the application instead of a free version.
During a series of tweets sent out through the Twitter Developer account, an announcement was made.
It was announced by the Twitter APIs company that support for both the legacy version 1.1 as well as the updated version 2 of the APIs will be ended in the near future and a new paid basic tier will be available in its place.
In spite of the fact that it is still unclear how much will charge for the use of its API, if at all.
It comes as no surprise that popular third-party apps such as Tweetbot, Fenix, and Twitterrific have been impacted by a service outage since mid-January due to which users of these apps have been unable to view or send tweets.
Even as Twitter prepares to launch its paid APIs, it is still unclear what the future holds for the popular apps that tap into APIs.
According to the Twitter Developer account, the platform is one of the world’s most powerful data sets. It has claimed to be one of the most powerful data sets in the world, a claim that could easily be mistaken for a tweet from Elon Musk himself.
It is unclear how upcoming paid API will affect researchers and organizations that work to combat misinformation.
This is because the company has not clarified its position regarding the use of free APIs by these organizations. Additionally, Twitter recently announced that it intends to enter the world of payments, with plans to compete with well-established players like PayPal, Venmo, and Apple Pay.
With Elon Musk at the helm, Twitter is making a concerted effort to control access to its platform and monetize its offerings.
Due to all of this, the company has had to change its subscription service, which has already become more expensive. It has also had to modify the appearance of tweets in a user’s timeline.
This is in an effort to make the platform more engaging and appealing to advertisers by making it more engaging.
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