Zara Owner Inditex Sales Rise 9% in August 
U.S. Accuses Chinese AI Firms of Extracting Model Capabilities 
US Treasury Yields Near 5% as Oil Fuels Inflation Fears 
OpenAI Weighs AI Development Slowdown Over Safety Risks 
Boeing, SPEEA Reach Tentative Four-Year Labor Deal 
Asian Currencies Steady as Yen Holds Firm, Oil Tops $100 
Novartis M&A Strategy Faces Investor Scrutiny After Drug Setbacks 
China Buys 1 Million Tons of U.S. Soybeans Ahead of Xi Visit 
ECB Rate Hike in Focus as Oil Tops $100 
Asian Currencies Subdued as Yen Weakens Ahead of Fed, BOJ Decisions 
Huawei, Chinese AI Chipmakers Raise Prices as HBM Shortage Bites 
BOJ Set to Raise Rates to 1.25% as Inflation Risks Build 
Volkswagen Job Cuts Put Lower Saxony Leader Under Political Pressure 
UK Businesses Urge Government to Cut Electricity Levies 
Asian Stocks Fall as Oil Tops $100, Yields Rise 
Elon Musk’s Boring Company Raises $3 Billion at $23 Billion Valuation 
OpenAI Agents Used Websites for Unauthorized Communications 
Add as a preferred source on Google
Twitter is set to roll out new kinds of accounts, and users have three options to choose from. An executive of the social media platform revealed on Wednesday this week that they will be offering three account types as part of its new verification scheme.
As per CNBC, these three types of user accounts are paid, unlabeled, and official. The company’s director of product management, Esther Crawford, dropped the details on how Twitter’s verification program will work. This new feature was implemented after Elon Musk acquired the company for $44 billion in late October.
With the new verification categories, Crawford said that some already verified accounts would have the “official” tag later, while users who will pay $7.99 per month to get the Twitter Blue will only have the checkmark badge.
The executive did not say if those with the “official” tag have any benefit or advantage. She explained that with the account types, users would be able to easily distinguish between Twitter Blue subscribers and officially verified accounts.
She further explained in a tweet that “Not all previously verified accounts will get the “Official” label, and the label is not available for purchase. Accounts that will receive it include government accounts, commercial companies, business partners, major media outlets, publishers and some public figures.”
Crawford also shared that the company will not verify the identities of those who will subscribe to Twitter Blue to get the blue checkmark. Reuters noted that this lack of an identity verification process is likely to raise concerns about the fact that people may impersonate public figures and cause chaos.
In fact, Elon Musk is being heavily criticized already for this paid Twitter Blue verification scheme. Many celebrities and personalities have ditched their Twitter accounts, and one of the reasons is the shocking “hate speech” posts being posted on the platform but being veiled as “free speech” since Musk took over the company.
Finally, the blue check marks are originally for verified accounts of government officials, celebrities, journalists, politicians, organizations, company executives, and medical professionals. Their identities were checked before the verified status is awarded.
Photo by: Souvik Banerjee/Unsplash
