Elon Musk Unveils New Twitter Verification System That Will Include Color-Coded Checkmarks

Since taking over Twitter in October, CEO Elon Musk has faced quite the wave of grievances and headaches. Yes, some (most) were self-inflicted thanks to his off-the-handle tweets likely made on the porcelain throne, but his promise to rid the platform of bot accounts has thus far been muddled with failed solutions.

After purchasing the platform for a whooping $44 billion, Musk promised to prioritize Twitter’s opaque user verification system. He unveiled a new scheme whereby users could pay $8 per month for a blue checkmark, with the hope of solving two main conundrums: the company’s falling revenues, and surmounting pile of “bot” accounts. However, the strategy didn’t go as planned, after freshly-verified users began impersonating actual verified accounts— including insulin maker Eli Lilly &Co., and even Musk’s own EV company Tesla, posting misleading tweets.

Musk was soon forced to scrap the feature, and instead come up with something more fool-proof. In a tweet posted on Friday, Musk said a newly re-designed verification system for paid users will be “tentatively” unveiled next week. “We’re tentatively launching Verified on Friday next week,” he said, adding that under the new system, subscribers will get a blue checkmark to prove their verified status, while government accounts will receive a grey checkmark, and companies will get a gold tick.

“All verified accounts will be manually authenticated before [the] check activates,” Musk continued, conceding that the move is “painful, but necessary.” He promised to provide additional clarity on the overhauled verification system next week.


Information for this briefing was found via Twitter. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Antimony Resources Drills 4.38% Sb Over 7.05 Metres At Bald Hill In Final Hole Of 2025 Program

Kirkland Lake Drills 121 Metres Of 1.01 g/t Gold At Mirado

Related News

IRS Employees Who Accepted OPM’s “Deferred Resignation” Offer Dismayed With Job Extension

Some IRS employees who accepted the Office of Personnel Management’s (OPM) “deferred resignation” offer are...

Saturday, February 8, 2025, 03:04:00 PM

Tesla to Hike Price of Driver Assistance Software by 25% Come September

Elon Musk is raising the price of Tesla’s (NASDAQ: TSLA) premium driver assistance system once...

Wednesday, August 24, 2022, 11:29:00 AM

What Elon Musk Might Be Missing About “Free Speech”

In the age where information is at everyone’s fingertips, disinformation is fast catching up. The...

Tuesday, November 29, 2022, 02:25:00 PM

Maduro Challenges Musk to Fight After Election Fraud Allegations

Maduro took to national television and labeled the tech entrepreneur as Venezuela's "new archenemy."...
Tuesday, July 30, 2024, 02:11:00 PM

Elon Musk Offers to Sell Tesla Stock if the UN Can Prove $6 Billion Would Solve World Hunger

Tesla (NASDAQ: TSLA) CEO and title holder of the world’s richest person, Elon Musk, has...

Tuesday, November 2, 2021, 09:58:00 AM