- cross-posted to:
- doingmypart@lemmy.world
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With the way he’s running this, I’m a bit confused as to why he didn’t just buy Truth Social directly. Wouldn’t have cost him nearly as much.
He bought the users. Elon knows that people are lazy and will not change websites.
-50% ad revenue says otherwise
Twitter could have 200% more users, if no one want to show them ads, then ad spots will be dirt cheap. Printing 5 millions of 1cent ads vs 1 million of 10cents ads is not the same. Both on income and expenses…
This, so much this. I also find it rather coincidental that fb cam out with threads soon after the twitter implosion. Opportunistic feasting on a dead carcass perhaps?
Twitter has been on the outs since musk bought it. If Facebook was smart they’d have started right then.
Threads still doesn’t have #hashtag searching IIRC. It’s missing a huge number of features. It’s clear that they only came out as early as they did because they saw an opportunity to eat Twitter’s lunch.
They really needed a few more months of dev time.
Bluesky is the same way. There are a lot of features there that still need to be implemented.
I’m glad Masto at least has hashtags and video and gifs and editing. For me right now it has the best features and the best experience. I’m pretty happy with it.
Remember the 50% number is just what he was comfortable with publishing to the public
We have no reason to believe his public statistics
100% of the ads I see on Twitter today are dropshipping scams, while in the pre-musk era they were highly targeted to my job and interests to the point that if there wasn’t the “ad” tag I couldn’t distinguish that.
They can’t cost the same for the advertiser, a generic dropshipping scam that targets everyone must be cheap
On the other hand, I think the people at Tesla/SpaceX are probably very happy that Elon has his hands full with Twitter right now.
Wait, the white supremacists and Nazis that he caters to aren’t making up the ad revenue? Well I’ll be!
- Your Google search result redirects to Twitter
- you click and open the link
- Twitter asks you to login to see the tweet.
- You close that tab and move on to next search result.
Best way to avoid traffic to your site, then complain about revenue loss from advertisements.
Honestly my wild guess is that he’s trying to make Twitter profitable from subscription based services and not so much from ad revenue.
Can’t really have free speech if platform depends on advertisers and investors.
He doesn’t really care about free speech. Just his opinions. (He is shadowbanning Ukrainian accounts btw)
Perhaps. But a rather large issue arises when your content is generated primarily by users who wouldn’t want to pay for a service.
There is also the issue where if you are having to pay to get around interaction limits is it really free speech? Or just limited to those that can afford to pay?
I think these limits were increased to a point where they are not really bad or they were removed. The point of them was to prevent scraping to train AIs
Imagine using Twitter to train AI. “Why is my AI such an asshole!?”
Maybe… I don’t know, just throwing ideas out there… you shouldn’t have Musked all over Twitter nor fired its core developers? Again, just thinking out loud…
Or saddled the business with 10 billion in debt? Shit is like an ouroboros…
Has he tried not fucking up the platform yet?
I’m not waiting to see Twitter fail. I’m just hoping that the federated alternatives for Twitter and Reddit will get more mainstream. And I must say that I’m happy with the way things are evolving at Mastodon and Lemmy.
Only 50 more percent left to go!
Go Fasc, lose cash!
Fuck you, Musk. Piece of shit.
Translation: “I’m terrible at business, and I’m making it everyone else’s problem”
Not losing money, just having “negative cash flow”.
I had to search the euphemism to see if I was just out of the loop on the economics terminology, and if those legit were different concepts.
On the downside, they’re not. On the upside, Musk is setting a great example for how to stop getting accused of hoarding wealth
And no interest in thinking about why they’re down ~50% in advertising revenue.
It’s impressive how quickly and severely he fucked up what was once a successful tech giant!
Other then a website…what technology does twitter actually do? I do not consider websites to be tech giants.
I disagree. Twitter was already going under even before he took over. In fact, it was doomed from the beginning as one of the uber era “grow valuation, think about revenue later”, hoping to exit someday by selling it to some rich megalomaniac, and actually, they’re the ones who succeeded.
well, it was actually about ready to start breaking even, and even paying off some debt. there was a path to profitability with twitter, but it was tenuous at best.
king of the idiots was forced to by it, saddling it with so much dept that that profitability dream was over the moment he became involved.
I think twitter is artificially ‘failing’ because of meddling by influential special interests. It is being shunned by some advertisers because he won’t bend the knee to the ESG tyrant bankers.
why is this man like this
Rich people are so disconnected from reality. I mean, when I tell you disconnected people really don’t understand. The best way to put it is ths: we have a hard time intuitively understanding the vast distances in the universe. Musk is like that. He is a person with such level of disconnect. He truly lives in his own reality, most likely because a man like him does not understand the concept of poverty or struggling to make ends meet. The narcissism displayed in that interview in which he says that “if speaking his mind means losing money then so be it” should tell you how this man truly lives in an alternative reality. I am so glad most of us realized the kind of scum he is.
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but like, why did it take him tanking Twitter for many to realize that he’s just a manbaby with a diamond-encrusted platinum pacifier
like it’s really weird that it wasn’t clear when he called that one guy who saved those kids in that cave a pedophile because the guy told Musk that his invention wouldn’t be useful for the rescue effort; like people didn’t see how shitty he was after he said that
Seems like buying the media silence to keep him a “pure” image it’s a thing that he cannot contain on Twitter. But people can then correlate history. And the multiplier effect can get devastating
More nazis should fix the revenue issues. Advertisers love associating themselves with hated people. Advertisers hate making a profit. Forever Elone, Musk will need to share sucking dick to turn a profit. If you look on twitter you’ll notice his lips are chapped.
How do you suggest he attract more Ukrainian posters?
What the fuck are you talking about?
Looks like a Twitter escapee managed to find their way here
Oh look, Lemmy’s got “block user” functionality. I think I’ll take it out for a spin on this nitwit.
I can’t believe you would take issue with me getting mad at a guy who was implying that Ukrainians are Nazis. Twitter is full of those kinds of people, and that is what I was making reference to. Why did that make you so mad?
There are Ukrainians that openly declare they are nazis, are we supposed to just not believe them? The ADL came out and said they are cool nazis so that makes it ok?
Eat shit.
