Searching all morning for news on $TWTR, I found this gem. Soon Twitter will start paying users to attract hearts to their channel. This is a big push to compete with the likes of Google’s YouTube & Snapchat. Here are the details:
SAN FRANCISCO (Reuters) – Twitter Inc (N:TWTR) plans on Wednesday to launch a system for people to earn money by streaming live on its Periscope service, a first for Twitter and a way for the company to try to compete with YouTube and others in the search for internet talent.
People watching Periscope will be able to send performers and broadcasters they like a gratuity using a variety of heart shapes that are, in effect, a virtual currency they can purchase, the company said.
Broadcasters who receive the equivalent of about $175 in “super hearts” will be designated “super broadcasters” and be able to cash out the money as earnings, the company said. READ MORE