Twitter's Latest Feature 'Communities' Trial Underway - What You Need To Know

Twitter Inc's TWTR latest feature under trial is called 'Communities,' the company mentioned in its blog. Thus far, it will be on Apple Inc's AAPL iOS and the web.
The idea behind Communities is to help users share topics with like-minded people. It will soon test the Reddit subreddit-like feature on Android.
Only members in the same Community can reply and join the conversation. However, the Community pages and timelines are publicly available for reading, quoting, and reporting.
The initial Twitter Communities focuses on dogs, weather, sneakers, skincare, and astrology.
The Community creation will be initially limited and gradually open up to more creators in the future.
Facebook Inc's FB similar feature Facebook Groups faced flak for spreading political and health misinformation and organizing extremist activity, Reuters reports. However, Twitter acknowledged addressing such concerns.
The initiative marks Twitter's strategy to grow its user base to 315 million monetizable daily active users and bring annual revenue to $7.5 billion by the end of 2023, CNBC reports.
Price Action: TWTR shares traded lower by 4.26% at $62.21 on the last check Wednesday.