iWorld
Twitter Blue: A subscription-led future of Twitter?
KOLKATA: Is Twitter gearing up to launch a subscription service? Yes, say reports. The microblogging site is considering the launch of Twitter Blue priced at $2.99 per month, according to an independent researcher.
One of its most interesting features is “undo tweet” which could allow users to prevent a tweet from being sent. Users can even customise time intervals for undoing tweets. The subscription model also includes planned features that would help users to save and organise tweets into collections.
Twitter is working on “Undo Send” timer for tweets pic.twitter.com/nS0kuijPK0
— Jane Manchun Wong (@wongmjane) March 5, 2021
The company has been gradually taking multiple steps in recent times to explore other revenue streams as its advertising-led model is facing several new challenges. For example, Apple’s recently launched App Tracking Transparency for all iPhones with iOS 14 forcing developers to ask users for permission before they can track them. Twitter is now asking users to give consent for tracking to ‘keep ads relevant’.
Earlier this month, it acquired Scroll, a subscription service that removes ads from participating news sites. It “will become a meaningful addition to our subscription work as we build and shape a future subscription service on Twitter,” Twitter product vice president Mike Park wrote in a blog post after the acquisition.
Twitter reported $1.04 billion in revenue for the first quarter of 2021, up 28 per cent year-on-year. It also posted a profit of $68 million, turning back its business from $8.4 million in losses a year ago. Advertising revenue totalled $899 million, an increase of 32 per cent and total ad engagements increased 11 per cent year-over-year. However, monetizable daily active users (mDAU) grew about 20 per cent to 199 million, falling slightly below the analysts’ expectation of 200 million
eNews
Paisabazaar launches Credit Premier League 2.0
Nationwide campaign rewards highest credit scores with Rs 1 lakh top prize.
MUMBAI: When credit scores become a national league, even your CIBIL report starts feeling like it’s playing in the IPL and Paisabazaar has just kicked off the second season. Paisabazaar, India’s leading marketplace for financial products and the country’s largest free credit score platform, has announced the return of the Credit Premier League (CPL) 2.0, a fun, nationwide initiative to recognise and reward individuals with the highest credit scores.
Building on the success of the first edition, CPL 2.0 introduces higher rewards and broader participation. The individual(s) with the highest credit score in the country will win Rs 1 lakh, while state champions will each receive Rs 10,000. Additionally, all participants from the winning state, the one with the highest average credit score will also be rewarded.
All winnings will be credited directly to winners’ PB Wallet, allowing them to pay credit card bills, recharge mobiles, or settle utility bills seamlessly on the Paisabazaar platform.
Paisabazaar CEO Santosh Agarwal said the campaign aims to make credit awareness more engaging and mainstream. “With CPL, we are bringing together engagement, gamification and rewards to make conversations around credit scores more mainstream,” he noted. “Our focus remains on building a financially aware and credit-healthy Bharat.”
The first edition of CPL saw over 5.5 million participants, with the highest individual score touching 861. Delhi recorded the highest average credit score of 746.
Consumers can participate simply by checking their free credit score on the Paisabazaar platform or app. The CPL leaderboard and rankings will be available exclusively on the Paisabazaar App.
In a country where financial dreams are serious business, Paisabazaar has found a smart way to turn credit scores into an exciting game – because when your financial health gets rewarded, everyone wants to play.
