- cross-posted to:
- doingmypart@lemmy.world
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did he post something like this again??? This looks like a thing from years ago.
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 looks like they started development as soon as Musk bought twitter.
According to Adam Mosseri, IG had been working on Threads in various forms since 2021. Apparently they struggled to make it a native part of IG, then started working on the stand-alone version in 2022. So if he is to be believed, Threads development predates Twitter’s sale to Musk.
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.
Indeed, it looks like they hurried the threads launch because Twitter was having outages.
Still exciting to be on the ground floor, when every day out week could bring a new update or feature. Wonder how they’ll improve over the next 3 months
Considering development time, server setup, testing time, etc… They probably did. It probably took several months to develop, deploy, integrate with the rest of their systems, and test. And then it’s simply a matter of waiting on Musk to do something stupid before they announce the launch, so all the freshly spurned users are happy to switch.
“users” - more than 50% are likely to be bots, LOL
Most people I know that use Twitter did leave it because they can no longer use the platform. They used it to promote their work and get new clients, which through a series of changes is basically impossible now.
Threads has like 100 million sign ups. It could replace Twitter.
That saw an overnight 50% drop in activity. People were kinda pissed to find out that Meta created them a Threads handle from their Facebook/Instagram and immediately deactivated their Threads accounts. I don’t know what it means, but I like it
is it possible to deactivate your account without downloading the app?
Dude could have created his own Mastodon insrance for practically nothing. Is he somehow even dumber than Trump?
I think the evidence speaks for itself.
I’m still convinced there is money coming in from an outside influence that is paying him to destroy Twitter, and I wouldn’t be surprised if the same thing is happening to Reddit as well
I think he thought the “Twitter files” were real and wanted them so he could be the saviour of democracy and the right wing.
Let’s be honest Elon doesn’t care about Twitter.
He bought it with money he doesn’t have. He only increased in net worth since the takeover and has successfully done what he wanted to, destroy an organization he thought was problematic and now everyone gives even more data to Facebook.
Everyone of them won.
I think part of it is his own hubris through. His head is so far up his head by now that he though he knew better. It’s the same reason why Super Heavy destroyed itself on first launch. He thought he was smarter than his engineers and forced them to go without a proper launchpad.
The d*ck contest. It’s all about who has the biggest.
He wanted to prove he doesn’t care about money and is fully willing to throw away $44 billion dollars on a shitpost
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
Targeted ads are more expensive. They need to develop an algorithm for it and the advertiser gets possible higher turnover since it’s no longer random people.
plus, twitter could track the impressions and conversion rates, so they could charge even more for that, too.
Why would he tweet about his losses in the first place? I applaud his openness (/s) but I doubt any investors or advertisers will come running to a dying social networking.
If your losses are at 80% and you tell everyone they’re at 50% you can try to spin the story in your favor.
I think it’s either better than 50, or he expects it to be better shortly so when he says it’s 40, he can celebrate how good he did for the +10.
He thinks it gives him an excuse to escalate his erratic decision-making.
The ~ has an error of +/- 50 percentage points.
Indeed. Elon is a pathalogical liar.
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He’s a pathological liar. He doesn’t gain anything from it
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Has Elon musk done a lot recently to earn your trust and support?
- 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.
medium started doing the same shit, sometimes it has interesting articles I’d like to read, but then they started putting in behind registration so I just no longer open medium links.
Hell, medium should be paying me to read them
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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?
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Imagine using Twitter to train AI. “Why is my AI such an asshole!?”
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He doesn’t really care about free speech. Just his opinions. (He is shadowbanning Ukrainian accounts btw)
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- *changes URL to nitter.net*
Didn’t work when they blocked non-registered visitors.
Wait, the white supremacists and Nazis that he caters to aren’t making up the ad revenue? Well I’ll be!
I’d imagine the sort of companies willing to advertise towards their ilk are also the types not willing to pay much for it either. Not like typical ad networks like Google’s pay much to begin with lol
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…
Genius at work coming through!
Or saddled the business with 10 billion in debt? Shit is like an ouroboros…
Please don’t turn this community into another Musk news ticker.
I agree. I don’t really consider social media “technology” anymore. I mean yeah it uses technology but so does everything else. I don’t think technology is the right community for this kind of post. There should be an enshittification community where we can see all the Twitter, reddit, and meta stuff.
In fact a lot of “technology” companies are just regular companies with an app. Netflix is a media company, Uber is a taxi company that somehow skirted regulators, and Airbnb is a hotel company that also skirted regulators.
In tech, “disruption” is another word for “skirting regulation before the law catches up”.
I’m happy to learn about significant updates to the health of the platform but not as literal Musk tweets pls.
Just shy of the pillow salesman “they did a cancel culture on us” routine.
Only 50%? That’s far from his apparent goal of destroying his company.
Of course! It’s because of Threads! Don’t you guys get it? They stole their secrets!! It has absolutely nothing to do with how things are being run on twitter or because Elon Musk is a genius!!!
…
Fuck Musk and fuck twitter and all that goes with it.
Let’s see: Alienate the users. Fire everyone who knows how to keep the place running. Fill the site with bots and white supremacists.
FA complete. FO now underway.
Colour me surprised that Mr Musk and lowering moderating standards would lower advertising revenue.
I am mostly surprised that he actually admits worse numbers
What no government subsidies for social media?
Advertisers don’t want to advertise on Twitter anymore even after Elon fired all the talent and essentially drove the platform into the ground? Noooooo…
I wonder how the revenue would have look liked if he hadn’t gone out of his way to cater to right-wing nutjobs with all his might. Who knows, maybe he would’ve been able to turn a profit through his numerous schemes like the paid verification and such.
