Twitter announces plans to start charging developers for access to its application programming interface

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Twitter has announced that it will stop offering developers free access to public data starting February 9.

Twitter’s development team announced the move at 1:05 am EST on Thursday, stating: “We will no longer support free access to the Twitter API, both v2 and v1.1. Instead, a basic paid level will be available.’

Application programming interfaces (APIs) ‘provide enterprises, developers, and users with programmatic access to Twitter data,’ according to Twitter’s website. The APIs allow developers to view public information stored in Twitter data, which users can control how much is available.

Starting next Thursday, developers and companies looking for this information will no longer be able to simply submit a free app, but will instead have to pay an undisclosed amount.

The development team said that more information on the change will be available before it goes live.

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Twitter has announced that it will no longer offer developers free access to public data starting February 9.  Twitter's development team announced the move at 1:05 AM.  v1.1.  Instead, a basic paid tier will be available.

Twitter has announced that it will no longer offer developers free access to public data starting February 9. Twitter’s development team announced the move at 1:05 AM. v1.1. Instead, a basic paid tier will be available.

“Over the years, hundreds of millions of people have sent over a trillion tweets, and billions more every week,” the team wrote in the late-night tweet. “Twitter data is among the most powerful data sets in the world. We are committed to enabling fast and comprehensive access so you can continue to build with us.’

The move comes after it was revealed the social media company’s revenue was down 40 percent compared to last year and many advertisers have halted spending since Tesla CEO Elon Musk took over. position of Chief Twit.

Twitter’s $44 billion acquisition of Musk last October has been mired in controversy after the businessman laid off thousands of employees without warning.

Now, experts told the Platformer technology newsletter that the site’s daily revenue on Tuesday, January 17, was 40 percent lower than on the same day a year ago.

In the first quarter of 2022, Twitter generated $1.2 billion in revenue, or the equivalent of $13.3 million per day. If your income is now 40 percent below that, you would currently be earning $8 million per day.

Meanwhile, more than 500 advertisers have stopped spending on the site since the Musk acquisition, reports The Information.

The move comes after it was revealed the social media company's revenue was down 40 percent compared to last year and many advertisers have halted spending since Tesla CEO Elon Musk took over. position of Chief Twit.

The move comes after it was revealed the social media company’s revenue was down 40 percent compared to last year and many advertisers have halted spending since Tesla CEO Elon Musk took over. position of Chief Twit.

Engineering manager Siddharth Rao is said to have informed employees about the fall in a presentation to staff last month.

Advertisers have been spooked by the company’s mass layoffs and Musk’s rush to implement a paid verification feature that resulted in scammers impersonating companies on Twitter.

The social media platform also recently reversed its 2019 ban on political ads, saying it would relax ad policy for “cause-based ads” in the United States and align its ad policy with television and other media outlets.

In November, Musk admitted there had been issues with ad revenue, telling his followers: “Twitter has had a massive drop in revenue as activist groups put pressure on advertisers, though nothing has changed with content moderation. , and we did everything we could to appease the activists.’

He added: ‘Extremely messy! They are trying to destroy free speech in America.

The company has yet to post its fourth-quarter earnings, which will be released in February.

More than 500 advertisers have stopped spending on the site since Musk took over.

More than 500 advertisers have stopped spending on the site since Musk took over.

Musk had planned to diversify Twitter’s revenue away from ads for the long term. However, the sudden drop in spending is likely to hurt the company in the medium term.

Musk has already laid off 75 percent of his 7,500-strong workforce, prompting dozens of now laid off workers to try to sue the company for firing them without notice.

And the firm is also facing a lawsuit from the owner of one of its San Francisco offices for non-payment of rent.

Court records show the social media giant failed to pay the $136,260 rent for its office at 650 California Street.

The building is not the official headquarters of Twitter, which is located near Market Street.

Twitter's revenue is down 40 percent, experts say, meaning daily revenue is estimated to be around $8 million, based on figures for the first quarter of 2022.

Twitter’s revenue is down 40 percent, experts say, meaning daily revenue is estimated to be around $8 million, based on figures for the first quarter of 2022.

Similar problems have cropped up at his other offices, including one in Seattle, where he is facing eviction for non-payment of rent.

Staff at the Seattle location have been told they must now work from home.

The loss report comes as supplies from Twitter headquarters are now listed on the Heritage Global Partners auction website.

Chairs in the company’s offices sold for more than $1,000.

Musk first announced in December that he was putting company items up for sale, claiming he wanted to clear its headquarters of its “awakened” supplies.

This included a massive Twitter bird statue and valuable luxury items, such as a $20,000 espresso machine, a $10,000 vegetable dryer, and a $17,000 braising pan.