Twitter announces plans to start charging developers to access its application ... trends now
Twitter has announced it will no longer offer developers free access to public data starting on February 9.
Twitter's Development Team announced the move at 1.05am EST on Thursday, stating: 'We will no longer support free access to the Twitter API, both v2 and v1.1. A paid basic tier will be available instead.'
Application Programming Interfaces (API) 'provide companies, developers, and users with programmatic access to Twitter data,' according to Twitter's website. APIs allow developers to view public information stored in Twitter's data, which users can control how much is available.
Starting next Thursday, developers and companies seeking this information will no longer be able to just submit a free application, but will have to pay an undisclosed amount.
The Development Team said more information regarding the change will be available before the change takes place.
Twitter has announced it will no longer offer developers free access to public data starting on February 9. Twitter's Development Team announced the move at 1.05am EST on Thursday, stating: 'We will no longer support free access to the Twitter API, both v2 and v1.1. A paid basic tier will be available instead'
'Over the years, hundreds of millions of people have sent over a trillion Tweets, with billions more every week,' the team wrote in the late-night tweet. 'Twitter data are among the world’s most powerful data sets. We’re committed to enabling fast & 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 paused spending since Tesla CEO Elon Musk took over as Chief Twit.
Musk's $44billion takeover of Twitter last October has been mired in controversy after the entrepreneur sacked thousands of staff without notice.
Now, insiders have told technology newsletter Platformer that the site's daily revenue on Tuesday January 17 was 40 percent lower than the same day a year ago.
In the first quarter of 2022, Twitter generated $1.2billion in revenue - or the equivalent of $13.3million a day. If its revenue is now running 40 percent below that, it would currently be making $8million a day.
Meanwhile, more than 500 advertisers have paused
