Twitter Leads Tech Stocks Higher on Subscription Platform Speculation

By Christine Zosche 

Twitter shares were up nearly 9 percent in a flat market as reports, sparked by a job posting, circulated that the social media platform is contemplating some type of subscription platform. (Deadline)

“We are building a subscription platform, one that can be reused by other teams in the future,” reads the job listing. “This is a first for Twitter! [The new team] Gryphon is a team of web engineers who are closely collaborating with the Payments team and the Twitter.com team.” (Mashable)

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