nuff said
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.
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.
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.
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
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.
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?
You don’t have an account unless you activate it, but they do hold your Instagram handle if you were to sign up that would be your Threads handle. The 50% drop in activity is because the app is lame as hell, and once people saw it they were done. No chronological sorting option, not even an option to only see threads from the people you follow.
not even an option to only see threads from the people you follow.
lol then what’s the fucking point of following anyone
“users” - more than 50% are likely to be bots, LOL
The d*ck contest. It’s all about who has the biggest.
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.
Simple. He didn’t shit-talk Truth Social in a legally binding way and then have his bluff called by people with enough financial resources to survive the lengthy court battle.
He probably experiences less personal financial loss from running Twitter into bankruptcy now that he has been forced to buy it. He even gets to use it as his personal ego-stroking machine in the meantime.
But he may have experienced significant personal loss had he decided to continue fucking around with the SEC (or was it one of the other agencies?), whom he had previously pissed off.
If you view his words and actions through the lens of what will make him the most money or lose him the least, his actions make sense. Add a significant dash of arrogant impulsive invincibility too. He’s comfortable telling us about Twitter’s financial problems because starving it gets rid of it and let’s him focus on his other vanity projects.
It’s not like they can send him to jail for being a bad manager. It’s not like he’s going to pay his bills. It’s not like he even used all of his own money to buy Twitter in the first place. What does it matter to him?
Thanks to Elon, there will never be another Arab Spring. Most of the money came from investors where that is a big plus. Elon invested a surprisingly small amount of his own money given the 44b total. Even a shattered Twitter will be a bigger soapbox than truth social. 6-8B of his own money, which he may have already extracted from twitter as a loan, is not a big deal to him.
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.
As much Saudi money as he burned though, I’m expecting him to leave an embassy in a half dozen suitcases.
The simpler explanation is he’s a dumbass with a big mouth and he screwed himself over with Twitter. Now he doesn’t have any lifelines left, and he’s failing miserably.
The biggest obstacle to spreading far-right propaganda has always been finding a platform.
Before the internet, when neonazis tried to shove racist leaflets into peoples pockets at punk gigs, they’d be immediately run out of the venue, despite “angry, dissaffected, young people” being exactly the kind of vulnerability they were looking for.
When the internet did come along, initially things weren’t much better. Sure, there were sites like Stormfront, but nobody went there. So instead they’d “raid” other forums to spread their shitty views, getting instantly banned because they hadn’t figured out how to be a Nazi with plausible deniability yet.
When they finally nailed that, it was a big moment for them.
Historically, mainstream media also never gave a fuck what the opinions of Nazis were. But the moment they rebranded to “alt-right”, the psycopathic, for-profit, neoliberal media companies saw a way to make some quick cash without having to openly admit they were functioning as a mouthpiece for people with swastika tattoos.
From there, the “mask on, hide your powerlevel” stategy was codified. 4chan and far-right Discord servers openly stategized about how to do it best, such as presenting their dogshit opinions as popular, moderate beliefs and blaming progressives for their asshole personalities.
By the time Charlottesville’s swastika-waving parade and domestic-terrorism-finale happened, it was too late. Key figures in the far-right funnel had settled into social media like bedbugs at a two-star hotel.
Whenever a platform tried to get rid of them, they’d slip away through cracks in the walls. They would get banned and create new accounts that were slightly toned down, searching for that sweet spot of “as far-right as we can get away with”. They’d move to another major platform (or somewhere else on the same platform), because there was no coordinated effort to remove them for good.
But despite the slow, uncordinated response from social media sites, it was starting to work, especially on Twitter. By the time you’d hidden how far-right you were, you could no longer spread your message. Nobody was fooled by the dog whistles, fake engagement and flowery misrepresentations of “freedom of speech” any more.
Intially, they tried their own mask-off Twitter with Truth Social (who conspiciously aren’t being sued by Musk for being a Twitter clone). But the numbers were dogshit. It had a fraction of the traffic and everybody there was already far-right. You could keep them frothy, but you couldn’t breed more of them.
So Musk bought Twitter. Ideally, he wanted to just hand one of the big three socials back to right-wing reactionaries ane extremists but he also has no problem just killing the platform.
The only thing that mattered was that the deplatforming stopped, before people realised that it works and makes sites 1000x better.
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
Please don’t turn this community into another Musk news ticker.
With RIF is just straight blocked posts containing Musk, Rowling etc, plenty of specific subreddits and managed to make my /all experience a great one. I’m hoping I can do that down the line with Lemmy too!
I’m happy to learn about significant updates to the health of the platform but not as literal Musk tweets pls.
Agree, I don’t really care about that platform
I also don’t care but I’m really enjoying the schadenfreude
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”.
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.
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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?
Indeed. Elon is a pathalogical liar.
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.
He thinks it gives him an excuse to escalate his erratic decision-making.
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.
If your losses are at 80% and you tell everyone they’re at 50% you can try to spin the story in your favor.
The ~ has an error of +/- 50 percentage points.
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…
Genius at work coming through!
Let that sink in!
Not even just that… Alienates all potential leftwing/brand friendly advertiser’s through changes and being the spokesperson for the platform.
“We’re down 50% how could this have happened???” - Elon Musk
Dude needs to stfu, make an alt account. He has chosen to be the spokesperson for the platform. Spouting off conspiracies and controversial takes. You can’t be surprised nobody wants to associate with him.
He is a liability and a brand risk. Sure he can have his opinions but here is the problem…
He has chosen to be extremely public and force those opinions onto the average consumer feed due to his narcissistic tendencies and it is biting him in the ass.
No sympathy. He wanted free speech, (albeit it isn’t because he is okay as long as it doesn’t criticise him or his affiliates.) now he has his free speech platform but in the same way advertisers can chose not to engage with it.
make an alt account
But then nobody would know it’s him and the tweets would get no attention
That’s why I am here. Well never used Twitter
Guys! Guys! Don’t you get it? He’s “Winning”! /s
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You made an account 6 hours ago and have so far made just the worst arguments. Your either a troll,bot or just sad
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You just got cancelled XD
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Go Fasc, lose cash!
Fuck you, Musk. Piece of shit.
OK ill have to steal this one
Go fac die back.Mock woke go broke. Insist on heros retain zeros.
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*go woke, go broke. ftfy
A spokesperson for everyone who isn’t a sociopathic spoiled rich kid in adult pants was quoted as saying, “Gee, that’s too bad.”
🤣
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.
I’m just worried this marks then end of the glory days of free speech and the internet and the world will never be the same again.
Musk got a lot to answer for but I also respect him in a lot of ways.
Free speech is an ideal I would die for and I hate seeing it disappearing.
(Also pre preempting any American acktually reply. Let’s me make myself clear. I do not give a shit in anyway what your government has to say on free speech in this context. Free speech exists as a concept out there in the world it wasn’t invented and isolated to some sheet of paper some “Gods” wrote down 100 years ago, they don’t control what I think)
Considering Musk bans a lot of people, how Twitter part of the ‘glory days of free speech?’ Or is the plane tracker allowed to post on Twitter again?
As long as I have been on the internet the ideals of the internet have been declining.
Which as I seen it were people working together to solve a common goal. Accessibility. Exchange of information. Discussion based where ideas are exchanged, dissected and people learn and grow.
Now this isn’t about twitter exactly because I have never been one for twitter. I’m much more interested in seeing ideas and views being valued for what they are, not for valuing the person and following their views. But the absolute disgust the common man has over a space where anyone can say what they want scares me. People only want to hear what they want to hear, they want to be controlled and those they disagree with silenced.
That’s why this marks the end of the glory days because one else is going to run a big site of free speech ever again. This was what I believe to be the last attempt. Maybe the fediverse will do something being less centralised but who knows?
Free speech the way you describe ended with internet 2.0. There is nothing about Musk’s Twitter that is free speech. He banned the word cis as a fucking slur.
Also if you would die for free speech why are you just sitting on your ass then?
Oh no…!
anyway…
Nobody is talking about it, but does that advertising exec that Musk hired for CEO take a massive hit to her career for any of this?
It seems surreal to have a ghost CEO who isn’t responsible for anything such a large company does. But that’s exactly what’s happening here.
Good
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