Twitter may allow users to receive payments from followers
Reuters | New York
The Daily Tribune – www.newsofbahrain.com
Twitter Chief Executive Jack Dorsey said Wednesday the company is exploring allowing its users to receive tips, or digital payments, from their followers.
“I think the first thing we want to focus on is that economic incentive to people who are contributing to Twitter,” he said at the virtual Goldman Sachs Technology and Internet Conference.
Introducing user tipping and new features like content subscriptions would help the company diversify its revenue, which it currently earns mainly from selling advertising on Twitter.
The company said Tuesday during an earnings call with analysts that he did not expect subscriptions to be meaningful to the company’s revenue until next year.
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