News for hackers. Stuff that matters.
Re:X/Twitter will begin charging new users $1 a year to acce... by spondylosaurus on Tuesday October 17, 2023 @08:00PM (#37923203)
For sure. There's no way they'd break even at $1/year per user, let alone turn a profit, unless they're also running ads for those users.
Re:X/Twitter will begin charging new users $1 a year to acce... by inversetelecine on Wednesday October 18, 2023 @08:57AM (#37927943)
I wonder how much of that $1 they get after payment processing fees and such.
Re:X/Twitter will begin charging new users $1 a year to acce... by jjudge on Wednesday October 18, 2023 @11:37AM (#37930215)
~$0.67 cents without negotiated processing fees (ex: Stripe's rack rate is 2.9% processing fee + 30 cents per transaction)
Re:X/Twitter will begin charging new users $1 a year to acce... by bazmattaz on Wednesday October 18, 2023 @04:12PM (#37934145)
There is no way they would hide ads for users who pay $1 a year. That would be a bargain.

My guess is that they’re starting with $1/year to test the waters and see who would pay. Maybe they want users to get hooked on those extra features so they can up the price.