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Twitter

Twitter is rolling out the first iteration of its new subscription offering, "Twitter Blue," in Australia and Canada, the tech giant said Thursday. The subscription will cost users in Canada $2.88 monthly and users in Australia $3.44.

Why it matters: Twitter said in February that it's rolling out subscription products to help double its revenue by 2023.

Details: The new "Twitter Blue" subscription offering will include several new features and perks, designed based on feedback from Twitter users about what they want most. The initial set of new features include:

  1. Bookmark Folders: These folders let users manage content and organize content so it's easy to find later.
  2. Undo Tweet: This long-awaited feature lets users review and revise Tweets before they goes live. Users can set a customizable timer of up to 30 seconds to click "undo" before a Tweet, reply, or thread actually posts. This allows users to correct mistakes, like typos or broken tags, before they go live.
  3. Reader Mode: This feature makes it easier for users to consumer long Tweet threads by turning them into easy-to-read text.
  4. Customized app: Subscribers will be able to customize the Twitter app icon on their smartphone home screens and unlock new color themes. They will also have access to dedicated subscription customer support.

The big picture: Twitter's core product will remain free so that users around the world can access the app seamlessly. The subscription offering is catered to hyper-engaged users, likely those who use the app daily or professionally.

Go deeper: Twitter debuts subscription products to help double revenue by 2023

Go deeper

South Korea will be first country to curb Google, Apple app-store payments

Apple iPads at a store in Seoul, South Korea, in February 2021. Photo: Jean Chung/Bloomberg via Getty Images

South Korean lawmakers passed a bill Tuesday that will prevent Google and Apple from forcing software developers to use their payment systems for in-app purchases, according to the Wall Street Journal.

Why it matters: The bill, which will become the first law of its kind after it's signed by President Moon Jae-in, threatens to reduce Google and Apple's dominance over app developers and their access to commissions from in-app sales.

Ina Fried, author of Login
Sep 1, 2021 - Technology

South Korea's new App Store law makes global waves

Photo: Chris Delmas/AFP via Getty Images

Lawmakers in South Korea have passed legislation to force Apple and Google to allow rival in-app payment mechanisms within their mobile operating systems.

Why it matters: While the legislation is limited to South Korea, lawmakers and regulators around the globe have also been weighing action on mobile app stores and could seek to force a similar move in other regions.

Mike Allen, author of AM
1 hour ago - Economy & Business

Charted: GOP surged as Biden slumped

Expand chart
Reproduced from Gallup. (Independents were asked their party leaning.) Chart: Axios Visuals

Gallup polling found a huge shift in party preference over the course of 2021, from a 9-point Democratic advantage in the first quarter to a 5-point Republican edge in the fourth quarter.

Why it matters: It's the biggest swing in one calendar year for Gallup's 30 years of tracking.

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