Tesla CEO Elon Musk took over the social media platform, Twitter in October 2022. Because the controversial acquisition, each Musk and Twitter have been over the information for a number of causes together with mass layoffs, Twitter Blue subscriptions and different cost-cutting insurance policies. The social media platform has now introduced that it’ll cease providing free entry to its API (Utility Programming Interface) beginning February 9. As a substitute, Twitter will begin providing a paid model of its API. A collection of tweets shared from the Twitter Developer account introduced that the corporate will discontinue assist for each the legacy model 1.1 and the brand new model 2 of its Twitter APIs.
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Twitter boasts its knowledge set
The social media platform mentioned: “Over time, tons of of thousands and thousands of individuals have despatched over a trillion Tweets, with billions extra each week.” Twitter additionally claimed that its “knowledge are among the many world’s strongest knowledge units.” Twitter talked about that it’s “dedicated to enabling quick and complete entry” in order that customers can proceed to construct with the corporate. The micro-blogging web site has additionally promised to get again with extra particulars on what customers can anticipate subsequent week.
How Twitter customers have reacted to this choice
Twitter customers have additionally reacted to the corporate’s newest choice. A person commented, “charging builders for creating options to your personal product? lol, you need to be paying them.”
One other person added that Twitter’s API did not replace for like 3 months for the reason that takeover. The person even talked about that the corporate additionally suspended a “legit third celebration app” The person continued, “even Fb and YouTube API are free and they’re up to date.”
Beginning February 9, we are going to not assist free entry to the Twitter API, each v2 and v1.1. A paid fundamental tier… https://t.co/6evMxiYAbL
— Twitter Dev (@TwitterDev) 1675317925000
Twitter’s beneath Elon Musk: Upcoming adjustments
Twitter is now engaged on a cost system that can assist accepted currencies. This new cost system will even include crypto performance embedded into it. In response to a report in The Monetary Occasions, the funds characteristic will initially assist fiat currencies.
Fiat cash is a sort of forex that’s declared authorized tender by a authorities. Nonetheless, these currencies don’t have any intrinsic or mounted worth and should not backed by any tangible asset, like gold or silver.
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