Sources familiar with the plan said the new feature, which is currently being called "Beyond 140," is slated to launch by the end of the first quarter of 2016. The new character limit — which would be the same as Twitter's Direct Messages— could fluctuate by the time it launches, according to Re/code's sources. Last year, Twitter introduced "Moments" and replaced "Favorites" with "Likes" and heart icons.
CEO Jack Dorsey addressed the 10,000 character limit rumors with a screenshot tweet a few hours after the news broke. He said Twitter will not lose its feeling of being brief and fast. However, they company is looking into new ways to expand upon that.

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