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Esther Vargas / Flickr cc

During the company's annual shareholder meeting, Twitter CEO Jack Dorsey said that it had considered the idea of a paid version of the service but wasn't moving ahead with the idea. Though he added Twitter is always considering feedback from users and customers so it's not entirely off the table.

"We do believe that there is a real importance that Twitter is accessible to everyone in the world no matter what their economic stature is and where they are in life, so the general case has been to make Twitter free and open," said Dorsey.

In March, Twitter was quietly mulling over the idea of a paid version of Tweetdeck, a tool for power users that juggle multiple accounts, though it's not moved forward with it.

Twitter shareholders also rejected a proposal for the company to explore becoming a user and employee-owned co-operative. Shareholders Jim McRitchie and Steffen Sauerteig suggested that it could help Twitter refocus on its mission of democracy and free speech instead of maximizing profits.

Go deeper

Updated 34 mins ago - Politics & Policy

Inauguration Day dashboard

Screenshot: Fox News

President Trump has delivered a farewell speech and departed Washington for the last time on Air Force One, kicking off the day that will culminate with President-elect Joe Biden taking office.

What's next: The inaugural celebration for young Americans is being livestreamed, starting at 10am.

Updated 50 mins ago - Politics & Policy

Trump departs on final Air Force One flight

President Trump and his family took off on Air Force One at 9 a.m. on Wednesday morning for the final time en route to Florida.

The big picture: Trump's final hours as president were punctuated by his decisions to snub his successor's inauguration and grant pardons to many of his allies who have been swept up in corruption scandals.

Dion Rabouin, author of Markets
2 hours ago - Economy & Business

Janet Yellen said all the right things to reassure the markets

Illustration: Aïda Amer/Axios

Treasury Secretary nominee and former Fed chair Janet Yellen's confirmation hearing before the Senate Finance Committee on Tuesday showed markets just what they can expect from the administration of President-elect Joe Biden: more of what they got under President Trump — at least for now.

What it means: Investors and big companies reaped the benefits of ultralow U.S. interest rates and low taxes for most of Trump's term as well as significant increases in government spending, even before the coronavirus pandemic.

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