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Twitter to take 10% cut on content subscriptions after 12 months

 Twitter Inc CEO Elon Musk said on Friday that the social media platform will take a 10% cut on content subscriptions after the first year, as the company looks to monetize content on the website in a bid to diversify its revenue sources. Earlier this month , billionaire owner Musk said users of the social media platform will be able to offer their followers subscriptions to content , including long-form text and hours-long video. He had also said that the company will not take a cut for the first 12 months on content subscriptions. Musk has been bringing in changes at Twitter to boost revenue after the platform saw advertising income drop last year in the run up to his $44 billion acquisition that closed in October. He added that the company's cut from subscriptions on iOS and Android platforms will drop to 15% in the second year from 30% in the first. We will keep 10% after 12 months , but iOS/Android subscription fees drop from 30% to 15% in year 2, so...

Apple may be cutting support for key services next month - is your phone affected?

Millions of iPhone owners are being urged to check if they will be affected by rumoured changes to Apple’s support services next month. Rumours are circulating that Apple is cutting support for several online services, such as the App Store, Siri and Maps, on devices running an operating system from iOS 11 to iOS 11.2.6. This means those iPhone owners with a device that can’t upgrade to iOS 11.3 or later could end up with a phone rendered largely defunct as of next month. Watch the latest News on Channel 7 or stream for free on 7plus >> Speculation has been circulating online, with one well-known Apple leaker announcing the news via Twitter. The tweet added that some other Apple products such as Mac computers, Macbook laptops, Apple Watches and Apple TVs may also be affected . Apple often stops providing security updates and bug fixes for old models, however, if these changes to come into play, it will mark the first time Apple has actively reduced the functionality of old devic...

US House panel to vote next month on possible TikTok ban

WASHINGTON: The House Foreign Affairs Committee plans to hold a vote next month on a bill aimed at blocking the use of China's popular social media app TikTok in the United States, the committee confirmed on Friday. The measure, planned by the panel's chair Representative Michael McCaul, a Republican, would aim to give the White House the legal tools to ban TikTok over US national security concerns. "The concern is that this app gives the Chinese government a back door into our phones," McCaul told Bloomberg News, which reported the vote timing earlier. In 2020, then-President Donald Trump attempted to block new users from downloading TikTok and ban other transactions that would have effectively blocked the app's use in the United States, but lost a series of court battles over the measure. The Biden administration in June 2021 formally abandoned that effort. Then in December, Republican Senator Marco Rubio unveiled bipartisan legislation to ban TikTok, wh...