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Twitter struggling to bring in subscription revenue 💰

Twitter has 290k paying subscribers for Twitter Blue.

Meanwhile Snapchat’s subscription service, Snapchat+, has 2 million+ subscribers.

Source: Document viewed by The Information  

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TikTok tests reducing music options 🎶

TikTok is conducting a trial with selected Australian users, limiting their ability to incorporate specific music into their videos. The purpose of the experiment is to gauge the importance users place on music in their clips.

It appears that TikTok is exploring the potential to monetize music usage.

 

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