2499
Advertising revenue in Twitter crashes by 50%
(lemmy.world)
nuff said
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 15 Jul 2023
2499 points (97.9% liked)
Technology
59081 readers
3169 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
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.
and now he's doing the same grift with bluesky
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.