Twitter could launch a subscription option

Tech News

Twitter may be working on new subscription platform

(CNN) — Twitter may be working on a new subscription-based platform.

The company made a job posting Wednesday, looking for a senior software engineer at a subscription platform called “Gryphon.”

The listing said the job would be with a new team – and described the project as “A first” for the company.

However, a Twitter spokesperson said the listing was not a product announcement.

The company’s shares still jumped eight-percent after the posting was made.

Twitter has so far focused on its free service and made money through ads and data licensing.

A paid subscription could give the company an extra source of revenue.

More from

Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Video Forecast

More Forecast

Don't Miss