Elon Musk's Twitter now charges a ‘blue tick’ fee.

The world’s richest person prepares for an overhaul of the social media platform.Elon Musk is considering charging Twitter users

According to the tech newsletter Platformer The Tesla chief executive is planning changes to Twitter’s Blue subscription service, including raising the $4.99-a-month fee to $19.99.

Users verified by the platform—who carry a blue tick flagging them as an authentic source—would have 90 days to sign up to Blue or lose their check mark.

Musk  tweeted to his more than 110 million followers on Sunday that “the whole verification process is being revamped right now”.

The Washington Post also reported on Monday that Musk was planning to lay off 25% of Twitter’s 7,500 staff in a first round of job cuts at the San Francisco-based company. 

 Musk associate who is part of a team brought in by the multibillionaire to help run the business since the $44bn takeover.

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