ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

White House won't pay for Twitter verification under Elon Musk's new rules: report

The White House will not reimburse staffers for Twitter Blue subscriptions s Twitter begins to end its legacy verification program, requiring users to pay $8 per month to continue to be verified.

The White House will not pay for staffers to have their official Twitter accounts continue to be verified, according to a report. 

Beginning today, Twitter is shutting down its legacy verified program and will remove blue checkmarks from everyone that does not sign up for a Twitter Blue subscription. That means celebrities, journalists, and even White House staff will need to fork over $8 per month to Twitter CEO Elon Musk if they want to keep their verified accounts. 

White House officials have become accustom to having verified accounts to ensure that their messages are received by the public as trustworthy. However, in email guidance reported by Axios on Friday, White House director of digital strategy Rob Flaherty told staffers that the government will not pick up the tab for their Twitter Blue subscriptions. 

"It is our understanding that Twitter Blue does not provide person-level verification as a service. Thus, a blue check mark will now simply serve as a verification that the account is a paid user," Flaherty wrote, according to the report.

TWITTER WILL DO AWAY WITH LEGACY BLUE CHECKS SOON

While this email was sent internally to White House staff, Axios reports that similar guidance to some agencies and departments may follow in the future. 

Musk previously promised to change how Twitter verification works, citing a need for users on the platform to be treated equally. Following his $44 billion takeover of the company, he announced that Twitter would launch an $8 monthly subscription service for account verification that would also come with other features, including the ability to edit tweets, upload high-quality videos and more. 

TWITTER BLUE DEADLINE APPROACHES, WHILE CELEBRITIES SCOFF AT MUSK'S PUSH TO PULL LEGACY CHECK MARKS

Businesses can sign up to be a "Verified Organization" and receive a gold checkmark on their account for a $1,000 monthly subscription fee. 

As for government/multilateral organizations and officials, some accounts will be eligible for a gray checkmark. According to Twitter, accounts that are eligible for the government profile label include heads of state (presidents, monarchs, and prime ministers), deputy heads of state, national-level cabinet officials, official spokespersons for government agencies, executive and administrative offices, individual lawmakers, and other institutional accounts. 

ELON MUSK PASSES BARACK OBAMA TO BECOME MOST FOLLOWED ACCOUNT ON TWITTER

The White House said it will not pay to be a verified organization, and it won't reimburse staff who sign up for Twitter Blue, Axios reported.

"Twitter’s enterprise service, Verification for Organization, does appear to provide organization-association verification. There are ongoing trials for the program that we are monitoring, but we will not enroll in it," Flaherty wrote.

CLICK HERE TO READ MORE ON FOX BUSINESS

"Staff may purchase Twitter Blue on their personal social media accounts using personal funds," he added. 

The White House guidance reportedly included instruction on how staffers may report account impersonations after the loss of their verified status. 

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.