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Illustration: Aïda Amer/Axios

Twitter on Thursday announced a slew of new product updates, spanning everything from a creator fund to live audio improvements and even Bitcoin tips.

Why it matters: For years, Twitter made few changes to its product, instead relying mostly on ad innovations to grow its business. Now, it's adding new features faster than it ever has before.

Driving the news: The company, which earlier this year announced it would be doubling down on subscription products, debuted new ways for fans to interact with and pay their favorite tweeters directly.

  • Tips: Twitter rolled out its new tipping feature to every user globally. It will also allow users to tip with Bitcoin via the payment app Strike.
  • Creator fund: The company said it would launch a fund to pay live audio creators on its platform, although it declined to offer many specifics.
  • Live audio: Twitter said it would allow recordings of live audio conversations and events held via its "Spaces" feature.
  • Communities: Twitter noted it would begin testing its new Communities feature, which connects users with likeminded interests.

The bottom line: When Twitter was launched over a decade ago, the idea that people should be able to quickly connect with their favorite creators online was novel. Today, it's table stakes for any social network.

Go deeper

Sep 23, 2021 - Economy & Business

Livestream shopping platform NTWRK raises $50 million

Illustration: Rebecca Zisser/Axios

NTWRK, a livestream shopping platform, has raised $50 million in a new funding round, bringing its total amount raised to $60 million, the company said Thursday.

Why it matters: The pandemic dramatically expedited the shift to e-commerce, further increasing the opportunity for platforms like NTWRK to capitalize on growing trends, like live video shopping.

Biden: "Being a cop today is one hell of a lot harder than it's ever been"

President Biden speaks during the 40th Annual National Peace Officers Memorial Service at the U.S Capitolon Oct. 16. Photo: Brendan Smialowski/AFP via Getty Images

President Biden speaking at the U.S. Capitol on Saturday honored members of law enforcement who died in the line of duty in 2019 and 2021 and saluted those who are currently serving.

Driving the news: "We expect everything of you, and it's beyond the capacity of anyone to meet the total expectations. Being a cop today is one hell of a lot harder than it's ever been," Biden said.

Updated 5 hours ago - World

Islamic State claims responsibility for deadly bombing in southern Afghanistan

The mosque after the explosion in southern Kandahar province on Oct. 15. Photo: Murteza Khaliqi/Anadolu Agency via Getty Images

The Islamic State group claimed responsibility for a massive blast that tore through a crowded Shiite mosque in the southern Afghan city of Kandahar on Friday, killing at least 47 people and injuring dozens more, AP reports.

Why it matters: Friday's attack was the deadliest to strike Afghanistan since the U.S. withdrew its troops from the region and is the second major attack on a Shiite mosque in a week, underscoring the Taliban's growing security threat from other militant groups.