Elon Musk's X revenue has officially plummeted, new documents show
Elon Musk's X revenue has officially plummeted, new documents show
mashable.com
Elon Musk's X revenue has officially plummeted, new documents show
62 comments
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I genuinely hope this platform burns to the ground.
I already lost all faith in it a long time ago, but kept my account to occasionally respond to a friend, or just look at feeds i don’t follow.
When he publicly reinstated fascists though, that was the last drop in the ocean of issues
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The moment Musk fired engineers, I removed my account. Then I watched Twitter integration fail for a few applications Ive worked on, and removed that login/access.
From there, I watched multiple services fail. Ive watched spam bots take over. I watched drama after drama, Musk demanding weird choices like his tweets get priority.
It's such a mess.
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Never going to happen. His other companies are highly successful and private so he can always borrow money to from other companies to keep twitter afloat
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Schadenfreude intensifies.
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The biggest loss here is that I follow a lot of artists on Twitter and when it goes kaput I won't have easy access to follow them.
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Quite a few of the artists I follow on Xitter have already prepared backup Bluesky accounts.
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My artist friends were actually the ones to introduce me to bluesky! Some of those circles jumped ship pretty early.
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I'd rather store my food in Jeffrey Dahmer's fridge than my money with Elon Musk's company.
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That's why he needed such a high compensation package from tesla lol.
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good
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According to the article, the revenue is down 40%....But the costs are also way down? So this title is totally misleading, and a bunch of Lemmies are out here celebrating because they didn't put 2 and 2 together.
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Well yeah, but means the platform is not growing
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How much more growth could Twitter have anyway?
Anyone who was interested either had one or had sworn it off well before Musk got involved.
The only thing that changed for me personally was I could previously see tweets from people without having an account, now I can't, so I don't click on twitter links at all. All of the businesses and public services previously announcing things on Twitter do it elsewhere now anyway for that reason.
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Lemmy is pretty biased and has unrealistic expectations. Like people here still think Reddit going to die, when the fact is we left over the API incident but we’re in the minority and the majority of people don’t care.
I can’t stand X or Elon, but it would be silly to not look at things objectively.
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Mr/s. financial expert, how much is way down? How does the cost vs revenue compared? Is it a net positive or negative. I'll wait for you to put 2 and 2 together to see if I celebrate or not yet.
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X lost half a billion dollars in the first quarter of 2023. Odd that the financial expert didn't mention this even though it is literally in the same sentence as the "40% drop in revenue" statement in the article.
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that's a shame.. anyone up for boggle?
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I didn't even realise until the other day you need an account to use it now at all it seems.
So no surprise. In the past, I recall you could browse without a login.. so of course nobody is going to put ads on it
Also, why would you want those customers?
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A time for celebration
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good riddance, black banana asylum. you won't be missed.
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People complain about twitter but I know of no other social media that's as informative and uncensored on current topics like the American genocide in Gaza or their war in the Ukraine.
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On the one hand that's good and on the other it makes misinformation extremely easy. Misinformation spreads like wildfire on Twitter and the corrections don't. The corrections get buried in "nuh uh, YOU lie" bot spam unless it gets the community notes treatment.
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i hope plunging means up, and 75 means 200
62 comments
When did we get away from saying “X - formerly known as Twitter” ? I liked seeing that gentle nudge in every headline.
EX-twitter.
I still prefer 'Xitter'
No we’re past that point. I’d much rather call it X and have the people left on that awful network swallow the jagged X pill instead of kidding themselves into thinking they are still on Twitter.
They are Xers now.
I try to refer to it as Xitter. Posts are xeets.
I call them xcrements
It's better to call it X and not continue to soil the Twitter name.
Twitter was always shit.
Like all social media.
How long do you do that for? He changed it to X who cares how dumb it is that is now the name.
Forever to make him mad
I still get emails from my dormant account, and according to my Gmail, the sender is, "X (formerly Twitter)," so I don't think we're done with that yet.
When the domain name changed
Strange, it still refers to itself as formally Twitter.
It's still twitter, the place for twits, like Elon.