Twitter may be working on a paid product. A job listing seeks a senior software engineer in New York to join Gryphon, described as a 'new team' that's 'building a subscription platform' that can be 'reused by other teams in the future.'
Shares of Twitter rose 8% Wednesday afternoon following a job posting that said the company is building a subscription platform codenamed"Gryphon."The job listing seeks a senior software engineer in New York to join Gryphon, described as a"new team" that's"building a subscription platform" that can be"reused by other teams in the future." The posting notes that"this is a first" for the company.
A paid subscription offering could help the company find a source of revenue beyond advertising and data licensing. Read MoreThis isn't the first time Twitter has weighed paid offerings. In 2017, Twitter sent out a survey to users and a preview of what a premium offering of its TweetDeck app might look like, including breaking news alerts and more analytics, according to the Verge.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Twitter stock jumps on potential subscription platformShares of Twitter jumped more than 8% in morning trading Wednesday after the company posted a job listing saying it was launching a subscription platform under the code name 'Gryphon.'
Read more »
Twitter jumps 12% after posting a job listing citing a potential subscription platform (TWTR) | Markets InsiderTwitter on Wednesday posted a job listing saying that it is building a subscription platform codenamed 'Gryhpon.' Shares of the company surged ...
Read more »
Twitter Leads Tech Stocks Higher On Subscription Platform SpeculationTwitter shares were up nearly 9% in a flat market as reports, sparked by a job posting, circulated that the social media platform, is contemplating some type of subscription platform. The posting w…
Read more »
Walmart Reportedly Launching Subscription Service To Compete With Amazon PrimeWalmart+ will be made available in July and cost $98 a year, Recode reports.
Read more »
BMW launching subscription model for features like heated steering wheel - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »