Jump to content

Musk’s follies


BillStime

Recommended Posts

2 hours ago, ChiGoose said:

Twitter revenue, earnings reportedly fell 40% shortly after Musk buyout

 

Twitter's revenue and adjusted earnings reportedly fell about 40 percent year over year in December 2022 amid an advertiser exodus following Elon Musk's takeover.

 

Twitter ad revenue to plummet 28% in 2023: forecast

 

Twitter's income from advertising will fall by 28 percent in 2023, a closely watched forecast said Tuesday, as the platform struggles under the ownership of Elon Musk.
 

Analysts at Insider Intelligence said they were slashing an earlier worldwide revenue estimate of $4.74 billion by more than a third to $2.98 billion as trust in the platform deteriorates.

 

It will rebound as butthurt libs realize Twitter is still the news platform out there and nothing else comes close.

  • Like (+1) 1
  • Haha (+1) 1
Link to comment
Share on other sites

3 hours ago, ChiGoose said:


Twitter revenue, earnings reportedly fell 40% shortly after Musk buyout

 

Twitter's revenue and adjusted earnings reportedly fell about 40 percent year over year in December 2022 amid an advertiser exodus following Elon Musk's takeover.

 

Twitter ad revenue to plummet 28% in 2023: forecast

 

Twitter's income from advertising will fall by 28 percent in 2023, a closely watched forecast said Tuesday, as the platform struggles under the ownership of Elon Musk.
 

Analysts at Insider Intelligence said they were slashing an earlier worldwide revenue estimate of $4.74 billion by more than a third to $2.98 billion as trust in the platform deteriorates.

 

 

 

Twitter no longer reports earnings publicly since Musk bought the company and took it private in late October. But Twitter reported the December 2022 revenue and earnings declines in an update to investors, according to "people familiar with the matter" cited in a Wall Street Journal report on Friday.

 

More unnamed sources to a story without facts to support it.  IE, blue anon

 

https://www.allsides.com/news-source/insider-media-bias

 

 

  • Thank you (+1) 1
Link to comment
Share on other sites

2 hours ago, Doc said:

 

It will rebound as butthurt libs realize Twitter is still the news platform out there and nothing else comes close.


Doubtful. Given the lack of actual verification, it’s usefulness as a source of news will decrease as the number of imposter accounts rise. 

 

1 hour ago, Chris farley said:

 

 

Twitter no longer reports earnings publicly since Musk bought the company and took it private in late October. But Twitter reported the December 2022 revenue and earnings declines in an update to investors, according to "people familiar with the matter" cited in a Wall Street Journal report on Friday.

 

More unnamed sources to a story without facts to support it.  IE, blue anon

 

https://www.allsides.com/news-source/insider-media-bias

 

 


Got it. So unless there is news that supports what we want to be true, we can just dismiss anything that counters our position as biased and re-assert our own position without any support.

Link to comment
Share on other sites

1 minute ago, ChiGoose said:


Doubtful. Given the lack of actual verification, it’s usefulness as a source of news will decrease as the number of imposter accounts rise. 

 


Got it. So unless there is news that supports what we want to be true, we can just dismiss anything that counters our position as biased and re-assert our own position without any support.

Naming any person " familiar with the matter" would add a little bit of credibility to the story, no?

Link to comment
Share on other sites

22 minutes ago, wnyguy said:

Naming any person " familiar with the matter" would add a little bit of credibility to the story, no?


Absolutely. But anonymous sources or people familiar with the matter quoted in an outlet like WSJ sure the hell beats “Nuh uh!” 

Link to comment
Share on other sites

54 minutes ago, ChiGoose said:

Doubtful. Given the lack of actual verification, it’s usefulness as a source of news will decrease as the number of imposter accounts rise.

 

Again there's nothing even remotely close.  And the imposter account issue will be figured-out.

Link to comment
Share on other sites

2 minutes ago, Doc said:

 

Again there's nothing even remotely close.  And the imposter account issue will be figured-out.


If the reason we have so many new imposter accounts is because Twitter did away with the verification system that actually verified people, why are you confident they will fix the problem they just intentionally created?

Link to comment
Share on other sites

8 minutes ago, ChiGoose said:

If the reason we have so many new imposter accounts is because Twitter did away with the verification system that actually verified people, why are you confident they will fix the problem they just intentionally created?

 

It's not the first time Musk has been doubted and/or hit a snafu.

Link to comment
Share on other sites

2 minutes ago, Doc said:

 

It's not the first time Musk has been doubted and/or hit a snafu.


I understand that. What I don’t understand is why we would be confident that Twitter will fix a problem it intentionally created. 

Link to comment
Share on other sites

10 minutes ago, ChiGoose said:

I understand that. What I don’t understand is why we would be confident that Twitter will fix a problem it intentionally created. 

 

They can/will just go back to the old system.

  • Haha (+1) 1
Link to comment
Share on other sites

2 hours ago, ChiGoose said:


Doubtful. Given the lack of actual verification, it’s usefulness as a source of news will decrease as the number of imposter accounts rise. 

 


Got it. So unless there is news that supports what we want to be true, we can just dismiss anything that counters our position as biased and re-assert our own position without any support.

So unless it's reputable and sourced, no.  It's nothing but a story.  

Link to comment
Share on other sites

Old Twitter censoring a story from the NY Post and locking their account in a brazen act of election interference?

 

Commies: No problem.

 

Musk's Twitter removing elites exclusive blue checks?

 

Commies: Huge problem.

Edited by BillsFanNC
Link to comment
Share on other sites

2 hours ago, Doc said:

 

They can/will just go back to the old system.


Destroy the old system, predictably causing a rise of fraudulent accounts and fix it by restoring the old system. 
 

Truly, a genius move. We mere mortals simply cannot comprehend it. 

Link to comment
Share on other sites

3 minutes ago, ChiGoose said:

Destroy the old system, predictably causing a rise of fraudulent accounts and fix it by restoring the old system. 
 

Truly, a genius move. We mere mortals simply cannot comprehend it. 

 

Yeah, he dumb. :lol:

Link to comment
Share on other sites

5 minutes ago, Doc said:

 

Yeah, he dumb. :lol:


I didn’t say he’s dumb. I said that the move to end verification on Twitter is dumb. It’s possible for smart people to dumb things. Like Elon buying Twitter to set a new world record for most money lost by a single individual. 

Link to comment
Share on other sites

14 minutes ago, ChiGoose said:

I didn’t say he’s dumb. I said that the move to end verification on Twitter is dumb. It’s possible for smart people to dumb things. Like Elon buying Twitter to set a new world record for most money lost by a single individual. 

 

He didn't end verification: he tried to get people to pay for it and people revolted.  There's a difference.  The fix is easy.  Unlike what, say, AB InBev has done to their BL brand.  Now that was dumb.

 

As for losing the most money, LOL!  Who GAF?  He's still close to the richest man in the world.  After a billion, it's all funny money anyway that he'll never be able to spend.

Edited by Doc
Link to comment
Share on other sites

40 minutes ago, Doc said:

 

He didn't end verification: he tried to get people to pay for it and people revolted.  There's a difference.  The fix is easy.  Unlike what, say, AB InBev has done to their BL brand.  Now that was dumb.

 

As for losing the most money, LOL!  Who GAF?  He's still close to the richest man in the world.  After a billion, it's all funny money anyway that he'll never be able to spend.


image.jpeg.7121a7c1f9ce8a9d9c1b4785bdc4ab62.jpeg

  • Haha (+1) 1
Link to comment
Share on other sites

21 minutes ago, ChiGoose said:


image.jpeg.7121a7c1f9ce8a9d9c1b4785bdc4ab62.jpeg

 

That's funny.  I think that laughing at a guy going from $300B to $150B is "weird nerd" territory.

 

As for the "valid criticism," I said he was trying to make extra revenue and obviously it didn't work.  So he'll go back to the old model.    

Link to comment
Share on other sites

×
×
  • Create New...