HomeBusinessIn Elon Musk's latest monetization push, Twitter will end free API access

In Elon Musk’s latest monetization push, Twitter will end free API access

Starting February 9, Twitter will start charging for API access, as it seeks more ways to monetize the microblogging website.

It has been announced in a series of tweets that Twitter Developer has decided to end support for both the legacy version 1.1 and the new version 2 of its Twitter APIs as of this week. In terms of the price that it plans to charge for API use, the company did not immediately disclose that information.

In recent weeks Twitter abruptly changed the terms of its API, which was used by many popular Twitter clients, including Tweetbot and Twitterrific. This move follows Twitter abruptly changing its terms of its API in recent weeks. Several third-party Twitter apps have shut down their mobile apps as a result of Twitter’s recent changes.

Among the most powerful data sets in the world, Twitter data are among the most important. Twitter Dev account said on Thursday that it is committed to enabling fast & comprehensive access to the Twitter API so that you can continue to develop with us in the future. “Over the years, hundreds of millions of people have sent over a trillion Tweets, with billions more every week.”

Following the recent change that saw Twitter shut down third-party clients, it was inevitable that many other app developers would become cautious about how they developed applications on top of Twitter’s API in the future. As a result of this new move, some developers may find themselves abandoning their products or passing the cost on to their customers in the long run.

In the past few years, Twitter API has been used by thousands of developers for a number of things, including tracking changes among Twitter accounts and offering alerts. There are a lot of fun side projects out there for people who may not be willing to pay fees for something they are not monetizing themselves.

It should also be noted that there is a second specific user base of the Twitter API: Researchers. It is possible that Twitter’s recent announcement will have an impact on research in different fields, including hate speech and online abuse. There are a lot of universities that use Twitter to study the behavior of humans in different regions around the world. There is also the possibility that putting an end to the free API usage could halt companies from finding ways to work around detecting the spread of misinformation on Twitter.

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There has been a strange relationship between Twitter and developers ever since it was founded. Despite the fact that the relationship was inconvenient for both parties, it was beneficial for both of them. The social network does its part by not charging third-party firms for the use of its APIs. This is because third-party firms are often the ones that ship new products and features for Twitter.

It has even been reported that Twitter has tried to repair relationships with developers by launching new programs, like the Twitter toolbox for app discovery, in recent years. Under the new management of the company, several initiatives of this kind have been put on hold.

Currently, Musk is in charge of Twitter, and the company is scrambling to control how users around the globe are able to gain access to the platform as it advances its efforts to monetize the platform.

The acquisition of Twitter by Musk for $44 billion was announced in late October. It is estimated that he took out a loan of about $12.5 billion in order to finance the deal. As a result, Musk has to pay an additional $1.5 billion every year in interest in order to keep Twitter alive, a service that is not profitable. It is only natural that Musk would want Twitter to be as self-sustaining as possible.

In an effort to make the platform more engaging, lucrative, and an attractive destination for users, Twitter has revamped – and made more expensive – its subscription service, as well as tweaked how tweets appear on a user’s timeline, making the platform more appealing to advertisers whose base is otherwise increasingly shrinking.

NetMag Staff
NetMag Staffhttp://www.netmag.pk
We feel pleasure in introducing ourselves as a publishing company and our monthly magazine, “NetMag” as Pakistan's first IT & Telecom magazine. The past 22 years ...


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