Twitter Acquires Newsletter Startup Revue, Say Will Make Its Premium Features Free For All Users

by deepika

Between October 2020 and December 2021, the Board obtained greater than 1,000,000 person appeals. The overwhelming majority of appeals had been to restore content on Facebook or Instagram concerning posts that supposedly violated Meta’s guidelines on bullying, hate speech, violence, and incitement. It pondered a stock swap with local companies or even a pullout before a worldwide equity market rout upended plans, the individuals added. A stock deal was favored in exploratory talks as that might allow Uber to retain a foothold in India, added the report. Revue sometimes takes a 6% cut of user income, but according to Twitter it will be bumped all the way down to 5% shifting forward.

Revue, a publication platform startup based mostly within the Netherlands, was simply acquired by Twitter. The firm has plans to continue making Revue higher and, consequently, will retain the present staff and rent more folks in critical roles throughout engineering, design, research last ibm linux settled, and knowledge science. Revue is an end to finish publication publication software as a service app. It supplies a touchdown page, analytics and a full suite of e-newsletter tools from publication to record administration, in addition to monetization.

The company currently has a 280-character limit on tweets, a function it started testing nearly five years ago. The adoption of artificial intelligence and information utilisation technique can add $500 billion to India’s GDP by 2025, a new Nasscom report showed. Earlier this 12 months, Aggarwal called a senior auto journalist “Petrol Media”, and mockingly shared footage of Burnol in response to the criticism he faced on Twitter.

This deal comes as e-newsletter platforms like Substack have witnessed elevated traction and attracted several high-profile writers and columnists, lots of whom at the moment are running their own subscription-based publications. Twitter chief govt Jack Dorsey had first acknowledged plans to discover different revenue streams together with a subscription mannequin through the company’s earnings conference call in July final year. This transfer came because the microblogging big confronted a sharp dip in its core promoting business in the course of the pandemic-hit 2020. In Twitter’s view the acquisition would supply writers and long-form content material curators a new way to connect with their audience and to add one other income stream by bringing Revue to a wider viewers and taking a reduce from each sign-up. – Twitter Inc mentioned on Tuesday it had acquired e mail newsletter startup, Revue, because the microblogging platform seeks to attract customers who want to generate income from their followers.

This initiative will embrace one-on-one and group interventions by skilled psychologists on points corresponding to sleep, ache administration, stress relief, and psychological well-being. Patients and caregivers will also be provided with on-line sources to help and understand their wellness journey, as per an announcement. Mental and emotional wellness company Lissun has collaborated with NephroPlus to provide options to its dialysis friends and caregivers for their mental and emotional well-being wants. The chosen startups embrace Qudrat, Imaga, Sunbird Straws, Cupable, Embuer Health, Refillable, and Biogreen biotech. Seven startups have been selected by Climate Angels for the ZeSUP- Zero Single-Use Plastic Challenge to deploy their solutions with the incubators’ F&B companions which embody Rebel Foods, Burger Singh, and The Beer Café. This extra allocation comes at a time when this sector, which accounts for 27 p.c of GDP and is essential to the functioning of the economy, is observing an acute credit score hole of about $380 billion.

Its prospects embody some famend media like Vox Media and The Markup. As a first step, Twitter has determined to make the previously paid Pro model of the service obtainable at no charge. Revue Pro, which will now turn out to be the service’s free tier, allows writers to ship e-mail newsletters from their own website domains and customise components of the default publication template. Twitter has on the event also lowered the charge the service expenses on subscription sales to 5%, from 6% before. Twitter mentioned the acquisition would offer writers and long-form content material curators a model new method to join with their viewers.

If you wish to cost people for entry to your newsletter, you’ll only lose 5 percent in fee fees, too. The latter has attracted many high-profile journalists together with Casey Newton and Anne Helen Petersen. Under the deal introduced right now, Revue will continue to operate as an unbiased enterprise in the intervening time. Its staff, which at present has six individuals, might be expanded to support product development efforts. Twitter Inc.’s acquisition spree continues with the acquisition of Revue, a e-newsletter platform. Revue helps anybody begin publishing on the internet and create an email-based following by way of newsletters that could be monetized, like Substack.

Tesla plans to droop most manufacturing at its Shanghai plant within the first two weeks of July to work on an improve of the site to spice up output, based on an inner memo seen by Reuters. Musk mentioned Tesla’s Texas manufacturing unit produces a “tiny” number of vehicles due to challenges in boosting production of its new “4680” batteries and as tools to make its conventional 2170 batteries are “stuck in port in China.” According to the company, its concentrate on sustainability and robust unit economics have been its defining culture throughout the organisation. With its latest merger with Ameyo, acquisition of CognoAI, and a new virtual telecom operator licence, Exotel is now aiming to attain an ARR of $200 million in the next four years.

“This version offers options like totally customized designs and tools to assist them manage their viewers, cross-promote newsletters and embrace subscription offers,” de Kuijper detailed. Newsletter subscription charges have also been slashed – to five % – letting writers hold more of the income to themselves. The large commission reduce is a half of the company’s incentives to remain aggressive in the booming paid newsletter market.

The remaining 43 p.c of the demand arises from Tier 2 and 3 cities with Nasik, Guwahati, Coimbatore, Vadodara, and Bhopal leading the demand. KredX said it has disbursed a further Rs 554 crore in working capital over a interval of 3 months to about 450 MSME gamers. According to a research carried out by KredX, of the 63.05 million estimated MSMEs in India, about seventy one p.c expertise a significant increase in gross sales through the festive season, with forty two percent comprising on-line companies.

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