Twitter ends free API access in Elon Musk’s latest monetization push • businessupdates.org

by Ana Lopez

Twitter will stop offering free access to the Twitter API starting Feb. 9 and will launch a paid version, Elon Musk’s microblogging website said as it looks for more ways to monetize the platform.

In a series of tweet, Twitter Developer account said the company will end support for both v1.1 and v2 of its Twitter API. The move follows after Twitter abruptly changed the terms of its API used by many popular Twitter clients such as Tweetbot and Twitterrific in recent weeks. Most third-party Twitter apps have shut down their mobile apps.

Twitter data is among the world’s most powerful data sets. We are committed to enabling fast and comprehensive access so you can continue to build with us,” Twitter Dev account said Thursday.

Dozens of developers use Twitter’s API to interact with the social network. The company has had a strange relationship with developers since its inception. But the relationship worked largely because third-party companies were often the ones providing new products and features for Twitter, and Twitter wasn’t trying to monetize the API.

Under Musk’s helm, Twitter is struggling to control how users around the world access the platform as it broadens its attempts to monetize the service.

Musk acquired Twitter for $44 billion at the end of October. He took a loan of about $12.5 billion to finance the deal. To keep Twitter alive, a service that is not profitable, Musk must pay an additional $1.5 billion a year in interest alone. So naturally, Musk is pushing to make Twitter more self-sufficient.

Twitter has revamped its subscription service — and made it more expensive — and tweaked how tweets appear on a user’s timeline to make the platform more compelling, lucrative, and an attractive destination for an otherwise shrinking advertiser base.

“Over the years, hundreds of millions of people have sent over a trillion Tweets, with billions more each week,” according to Twitter Dev account.


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