In big blow, Twitter Blue records only $11 million in revenue on Mobile in 3 months
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One of the biggest bets made by Twitter CEO Elon Musk after he took the reins of the company was to relaunch Twitter Blue, a subscription service which gives users premium features, in order to increase the company's revenue stream and to decrease the reliance on advertisers. One of the most lucrative features included in the subscription is blue tick verification, which earlier was reserved for notable people and organizations. But after an uproar over the verification process, the company relaunched the new Twitter Blue on December 12 with a better verification process to keep trolls away. However, three months after its launch, it has been revealed that the subscription service has only managed to get a revenue of $11 million from mobile devices.The information around the fina...