Twitter announced that it would implement new rules to prevent companies from placing ads on Twitter after it was acquired in October by billionaire Elon Musk . The platform was acquired by Musk in October .
In an email on Thursday, Twitter Inc announced that it would implement new rules as soon as next week to prevent companies from placing ads on Twitter after it was acquired in October by billionaire Elon Musk, and that it has continued to lure advertisers back, following reports by civil rights organisations that hate speech has risen since the merger and after many banned or suspended accounts were reinstated.According to a person familiar with Musk's remarks, a Twitter spokesperson said the platform was considering building its content moderators in-house, many of whom are contracted by third-party suppliers, according to a source familiar with the remarks.Irwin said that Twitter's recent layoffs, which cost the company 50%, did not affect its moderation staff and those working on issues such as child welfare.A new version of Twitters subscription service, called Twitter Blue, will begin rolling out on Friday.
According to a tweet, accounts for individuals will get a blue check, while gold and gray check marks will denote government and business accounts, according to the email.Snap Inc, the owner of Snapchat's photo messaging app, also informed advertisers that it will stop advertising on Twitter while it investigates the issue.