According to The Verge:
Twitter appears to be working on a subscription platform for its social networking service. A new job listing reveals that Twitter has a new internal team, codenamed “Gryphon,” that is “building a subscription platform.” Twitter is currently recruiting engineers to join this subscription team, with employees collaborating closely with the company’s payments team.
The job posting notes potential Twitter subscriptions would be “a first” for the company, but it’s not clear exactly how Twitter plans to implement a subscription service
The question now is, will the subscription model be for the social network itself, or is it a new product? If the former, what happens to ad revenue (which honestly hasn’t been that great, comparatively speaking)? And how will that impact usage and the current toxic nature of conversations there?
Whatever Twitter is planning, shareholders seem to like it.