Twitter has confirmed its plans to test a subscription model as it witnessed a 23 percent decrease in ad revenue this quarter due to the ongoing coronavirus pandemic.Twitter is doing this to diversify its revenue.These new revenue products are still in the early stages, as per a tweet on Twitter's official Investor Relations handle.
We do think there is a world where subscription is complementary, where commerce is complementary, where helping people manage paywalls . we think is complementary," said Twitter CEO Jack Dorsey.
Moreover, recently, a news came that Twitter is planning to explore new options for the app icons and splash screen, at least on iOS.
However, it is not confirmed whether the company would replace the current app icon with one of the new icons or offer all of these icons as a collection.