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Welcome To IANS Live - SCIENCE - Twitter to take 20% cut of your sales via Ticketed Spaces

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New Delhi, May 22 (IANS) After launching a Clubhouse rival called Spaces, Twitter is now out to make some money via â€˜Ticketed Spaces and the micro-blogging platform will take a 20 per cent cut of your sales, beginning with the users in the US.
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Update: 22-May-2021 ....

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Twitter to take 20% cut of sales via Ticketed Spaces starting from US

After launching a Clubhouse rival called Spaces, Twitter is now out to make some money via Ticketed Spaces and the micro-blogging platform will take a 20 per cent cut of your sales, beginning with the users in the US.
Twitter said that the 20 per cent cut will cover the cost of transaction fees of online payments processing company Stripes (hosts will also need a Stripe account), reports The Verge.
To begin with, the users in the US will be able to apply to host paid live audio rooms starting in the next couple of weeks.
Anyone who wants to charge has to have 1,000 followers, have hosted three spaces in the past 30 days, and be at least 18 years old, the report said on Friday. ....

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This Week in Apps: Google I/O hits and misses, Snap goes shopping, Parler returns to App Store – TechCrunch

This Week in Apps: Google I/O hits and misses, Snap goes shopping, Parler returns to App Store
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy.
The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American watches 3.7 hours of live TV per day, but now spends four hours per day on their mobile devices. ....

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Twitter to take 20% cut of your sales via Ticketed Spaces

Twitter to take 20% cut of your sales via Ticketed Spaces
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Twitter previews Ticketed Spaces, says it'll take a 20 percent cut of sales

Twitter previews Ticketed Spaces, says it’ll take a 20 percent cut of sales
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Image: Twitter
Twitter’s getting ready for the launch of its Ticketed Spaces feature, and today, it’s previewing what users can expect when they go to host their first one. US users will be able to apply to host paid live audio rooms starting in the next couple weeks. Anyone who wants to charge has to have 1,000 followers, have hosted three spaces in the past 30 days, and be at least 18 years old.
The company is partnering with Stripe to handle payments, and it says users will receive 80 percent of revenue after Apple and Google’s in-app purchase fees are taken. So if you sell a $10 ticket, Apple would presumably take a 30 percent cut, leaving you and Twitter to split the remaining $7. Eighty percent would go to you, and 20 percent would go to Twitter. The company says it’ll cover the cost of Stripe’s transaction fees. (Hosts will also need a Stripe account.) ....

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