Elon Musk has announced plans to introduce a subscription model for users of social media platform X, formerly known as Twitter, in a bid to tackle "vast armies of bots".
During a live-streamed discussion with Israeli Prime Minister Benjamin Netanyahu around the risks of artificial intelligence, Musk said a paywall would help the social media platform counteract the proliferation of bots.
While he did not disclose details about the subscription cost, he did reveal that the platform boasts 550 million "monthly users" who generate between 100 million to 200 million daily posts.
Musk, who also owns Tesla and SpaceX, acquired Twitter for around $44 billion in late October.
He introduced an $8 monthly subscription fee for users for a verified blue tick, a 50% reduction in adverts, prioritised post rankings and the ability to post longer text and video messages.
US automaker Tesla has warned that it and other major American exporters are exposed to retaliatory tariffs that could be leveled in response to President Donald Trump's aggressive use of tariffs.
The Abu Dhabi Fund for Development (ADFD) has announced the launch of the “Sofitel Legend Pyramids Giza” project, a luxury five-star hotel intended to be a landmark addition to the hospitality and tourism sector in Egypt.
The value of transactions conducted in the banking sector within the country through the UAE Funds Transfer System (UAEFTS) rose to AED 19.898 trillion during 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE).
Dubai Electricity and Water Authority (DEWA) announced a contribution of AED 20 million to the Fathers' Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai.