Twitter Launches Twitter Blue Subscription Service

For the second time in a matter of days, Twitter (NYSE: TWTR) has unveiled an initiative aimed at boosting its revenue. In an official company blog post published on Thursday, it said that it has launched a new paid service, Twitter Blue, that is initially available in Australia and Canada.

Twitter Blue costs 4.49 Australian dollars ($3.46) or 3.49 Canadian dollars ($2.89) per month. For their money, users get a set of features unavailable to people opting for Twitter's free standard service. One is bookmark folders, in which saved tweets can be organized into distinct virtual libraries.

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Source Fool.com