Starting August 7th, advertisers that haven’t reached certain spending thresholds will lose their official brand account verification. According to emails obtained by the WSJ, brands need to have spent at least $1,000 on ads within the prior 30 days or $6,000 in the previous 180 days to retain the gold checkmark identifying that the account belongs to a verified brand.

Threatening to remove verified checkmarks is a risky move given how many ‘Twitter alternative’ services like Threads and Bluesky are cropping up and how willing consumers appear to be to jump ship, with Threads rocketing to 100 million registrations in just five days. That said, it’s not like other efforts to drum up some additional cash, like increasing API pricing, have gone down especially well, either. It’s a bold strategy, Cotton — let’s see if it pays off for him.

  • theTrainMan932
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    1 year ago

    I wasn’t really involved with social media back then sadly, but yes I did get that general impression. Before all the toxicity really overtook it around 2020 it did seem quite pleasant.

    Shame really, corporate greed taking something quite nice and milking it so hard it’s absolutely ruined. Then again, it gives way to things like bluesky so i guess it has its upsides!

    • glimse@lemmy.world
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      1 year ago

      See that’s the thing …toxicity DIDN’T take over, you just heard about it more.

      This internet hate machine loves to pretend that the angry tweet screenshots they see reposted over and over are representative of the site as a whole while all the funny tweet screenshots they’ve laughed at are one in a million. But if you look at the usernames on the political ones it’s usually the same handful of people…like that guy who starts every other tweet with “Holy fucking shit, Trump just…” Or the Brooklyn dad guy

      • theTrainMan932
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        1 year ago

        I mean you know better than me (I’m not even on twitter so everything i see is just the internet perspective of it). I’ll take your word for it as you’re probably right!