Twitter and Musk

Discussion in 'Politics' started by VicBee, Oct 31, 2022.

  1. gwb-trading

    gwb-trading

    #2411     Oct 23, 2023
  2. ids

    ids

    He is certainly capable of clearly expressing his point and making it memorable like meme. D*ickipedia it is. Now many people will remember it together with a billion dollars pledge.
     
    #2412     Oct 23, 2023
  3. gwb-trading

    gwb-trading

    Why is Elon Musk attacking Wikipedia? Because its very existence offends him
    The X owner has no time for a democratic experiment dedicated to knowledge. He would rather yell puerile ‘jokes’ into the ether
    https://www.theguardian.com/comment...ipedia-because-its-very-existence-offends-him

    Maybe Musk needs to focus on addressing his many business problems rather than spewing crap on Twitter.


    Elon Musk’s Tesla subpoenaed over its FSD self-driving feature, admitting there is ‘the possibility of a material adverse impact on our business’
    https://fortune.com/2023/10/23/elon...autopilot-justice-department-law-enforcement/

    Elon Musk says feds issued subpoenas over Tesla Autopilot crash probe
    https://nypost.com/2023/10/23/busin...-issued-subpoenas-over-tesla-autopilot-probe/

    Tesla's stock just had its worst week of 2023, plunging 16% on Elon Musk's earnings-call nightmare
    https://markets.businessinsider.com...rket-outlook-cybertruck-earnings-call-2023-10

    Elon Musk acted like a 'little baby' and was 'almost in tears' on Tesla's 'terrible' earnings call, analyst says
    https://www.msn.com/en-us/money/com...rrible-earnings-call-analyst-says/ar-AA1iEMns
     
    Last edited: Oct 23, 2023
    #2413     Oct 23, 2023
  4. Cuddles

    Cuddles

    #2414     Oct 23, 2023
  5. Cuddles

    Cuddles

    It's easy to push fake "popular" misinfo bullshit viewcount w/bots, much harder to have said bots friend others to then retweet at.
     
    #2415     Oct 23, 2023
  6. gwb-trading

    gwb-trading

    It appears that it is time to start a pool on when X/Twitter fails to make loan payments in 2024 and the creditors take over.

    It Looks Like Twitter Is in Even Deeper Trouble Than We Thought
    "This is a drop we have not seen before for any major advertising platform."
    https://futurism.com/twitter-deeper-trouble-advertisers

    X-formerly-Twitter is still bleeding advertisers under Elon Musk's characteristically unpredictable leadership — and the situation may be even more dire than we'd thought.

    As Insider reports, marketing consultancy Ebiquityfound that the vast majority of the biggest spenders have stopped advertising on X following Musk's ill-fated takeover last year.

    That seems to contradict Musk's and CEO Linda Yaccarino's recent promises that all is well and that most of the advertisers have since returned.

    According to the marketing firm's data, only two of Ebiquity's clients bought ads on X last month, a massive drop from 31 brands in September 2022. The consultancy works with 70 out of 100 top-spending advertisers, per Insider, including the likes of Google, Walmart, and General Motors.

    "This is a drop we have not seen before for any major advertising platform," Ruben Schreurs, Ebiquity's chief strategy officer, told the publication.

    The news highlights X's ongoing financial struggles — advertising has historically been Twitter's main source of revenue — and the possibility that Musk and Yaccarino may not be being entirely truthful about the site's dismal situation.

    During a chaotic conversation at Vox's Code Conference last month, Yaccarino claimed that 90 percent of the platform's top 100 advertisers had returned over the "last 12 weeks" and that the company would be "turning a profit" next year.

    Musk also promised in April that "almost all" X's advertisers had either come back or said they were planning to. Yet in September, he admitted that US ad revenue was down a whopping 60 percent, without giving a time frame.

    So what is it? Is X really turning things around, or is it still a massive money pit for Musk, who famously took on tens of billions of dollars in debt to buy the company?

    For one, we clearly should take claims being made by X's leadership with a hefty grain of salt. Schreurs told Insider that Ebiquity's investigation has led to "serious concerns about the trustworthiness of public statements made by Musk and Yaccarino."

    While Musk may seriously be struggling to get advertisers back on the platform, he's resorted to other questionable measures to stop the company from hemorrhaging money.

    Musk recently hinted at charging users $1 to tweet, for instance, in an alleged attempt to "reduce spam, manipulation of our platform and bot activity" — which sounds a bit like a desperate revenue play as well.

    Whether that will stop the platform from quickly turning into an unmoderated misinformation free-for-all remains to be seen.

    Given what we've seen so far, it's not exactly looking promising, which is almost certainly what's driving advertisers away in the first place. A recent investigation by news trustworthiness organization NewsGuard found that the majority of viral misinformation about the Israel-Hamas war on X is coming from blue-check verified users, suggesting X may be directly contributing to the problem by algorithmically boosting bad info.

    An analysis by digital marketing firm Similarweb last week also showed that traffic on the platform has also fallen significantly, suggesting users are going elsewhere as X stews in self-inflicted chaos.
     
    #2416     Oct 24, 2023
  7. gwb-trading

    gwb-trading


    What is the name of the porcelain bathroom fixture that rhymes with Xitter which best describes where the company's ad revenue went since Elon reduced the company to a steaming turd?


    Almost all major advertisers have fled Elon Musk's Twitter, new data shows
    https://boingboing.net/2023/10/24/a...-elon-musks-twitter-new-data-shows.html?fk_bb
     
    #2417     Oct 24, 2023
  8. gwb-trading

    gwb-trading

    #2418     Oct 26, 2023
  9. gwb-trading

    gwb-trading

    Threads is rapidly growing and will hit one billion users within two years. In the meanwhile, X/Twitter is quickly shrinking. Great job, Elon.

    Meta’s Threads has nearly 100 million monthly active users: CEO Mark Zuckerberg
    Threads has a good chance to become the next billion-user social network in Meta's suite of apps, that includes Facebook, Instagram, WhatsApp, and Messenger, Zuckerberg said.
    https://www.moneycontrol.com/news/b...ctive-users-ceo-mark-zuckerberg-11604131.html
     
    #2419     Oct 26, 2023
  10. gwb-trading

    gwb-trading

    X Lost 15% of Users in First Year of Elon Musk’s Ownership
    The social media platform’s monthly active users plummeted globally year-over-year for September
    https://www.thewrap.com/x-lost-users-down-musk-first-year/
     
    #2420     Oct 26, 2023