According to the New York Times, Twitter is considering auctioning off usernames to generate new revenue after Elon Musk's $44 billion takeover, with a demand for so-called "OG" user names.
According to reports, Twitter is considering ways to generate new revenue by auctioning off user names.
The idea of a user name auction has been discussed internally at Twitter since at least December, the New York Times reported on Wednesday, citing two people with knowledge of the situation.
Elon Musk, the company's new owner, has been constantly looking for new revenue opportunities since acquiring Twitter for $44 billion in October. One such idea is his revised plan for the Twitter Blue membership service.
Musk took on $13 billion in debt as part of the transaction, raising the need to increase cash flow for debt service. As a result, Twitter's yearly interest expenses have increased from approximately $50 million to nearly $1 billion.
Since his $44 billion purchase of Twitte...
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