Twitter to raise pricing of Twitter Blue service for iPhone users: report (TWTR) - Seeking Alpha

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Twitter (TWTR) volition rise the terms of its Twitter Blue subscription work for users who motion up via Apple's (NASDAQ:AAPL) iPhone, The Information reported.

The quality outlet, citing a idiosyncratic briefed connected the plans, said Twitter (TWTR) volition complaint $7 per period if a idiosyncratic signs up connected the web, but $11 per period if they bash truthful successful the App Store. Twitter (TWTR) antecedently charged $8 per period for the work and it was lone disposable connected the App Store.

Twitter (TWTR) has told its employees that Twitter Blue, which lets users acquisition a bluish checkmark utilized for verification purposes, would relaunch connected Friday, The Information added. It was plagued with problems erstwhile it launched earlier this year.

Twitter (TWTR) and Apple (AAPL) did not instantly respond to a petition for remark from Seeking Alpha.

The terms hike connected iPhones is apt owed to Apple's (AAPL) 30% committee it takes for services purchased wrong of company's iOS apps. However, the tech elephantine has not had an contented with companies changing terms points to promote users to motion up for services extracurricular of their apps.

Apple (AAPL) has besides struck deals with companies, notably Amazon (AMZN), for little commissions to bring apps to the App Store.

The study comes days aft Twitter (TWTR) CEO Elon Musk met with Apple (AAPL) CEO Tim Cook astatine the tech giant's office successful Cupertino, California.

Musk thanked Cook for showing him astir the Apple campus, conscionable a fewer days aft Musk publically questioned wherefore Apple (AAPL) had slowed its advertizing spending connected Twitter. The 51-year-old Musk besides claimed that Apple (AAPL) had threatened to instrumentality Twitter disconnected the App Store, but that the institution did not springiness a crushed why.

Since then, Musk confirmed that Apple (AAPL) had "fully" resumed advertising connected the societal network, adding it is Twitter's (TWTR) largest advertiser.

On Wednesday, it was reported that bankers for Musk were weighing caller borderline loans backed by Tesla (TSLA) stock to regenerate immoderate of the high-interest indebtedness helium took connected successful the $44B acquisition of Twitter.