4 ms·

Twitter is literally the news breaking platform across the world. How much do you think that’s worth? I think it’s worth more than $100B under competent managem

by lvl102 5y ago

Twitter is literally the news breaking platform across the world. How much do you think that’s worth? I think it’s worth more than $100B under competent management.

Ekaros 5y ago
It might have reach... But does it make money? And can it be made to make money?
- chii 5y ago
  That's what they said about facebook in the beginning. And that's also the exact same thing they said about facebook acquiring whatsapp.
aeyes 5y ago
Around the world? I think you are overestimating Twitter by a large margin. My guess is that in the US Twitter has marketing deals with media outlets which make it a relevant platform to post and consume breaking news in the first place. In other countries I haven't seen a lot of Twitter logos on TV.
- caymanjim 5y ago
  TV has nothing to do with it. I've never seen a Twitter logo on TV in the US either, except when they're reporting on Twitter as a company. GP wasn't talking about a business relationship between TV networks and Twitter.
- derefr 5y ago
  The GP means that the journalists at the TV stations are getting their leads on what to cover from Twitter; not that audiences are watching Twitter in place of breaking news.
  - asdff 5y ago
    They probably have a police scanner running too. Should the public have that running as well to listen to all the latest news? IMO there is place for that and most people don't really need up to the second information on things happening hundreds of miles from anywhere they regularly interact with.
    - derefr 5y ago
      Who said anything about the public? A "breaking news platform" being of relevance to journalists is valuable enough for it to be a large company; whether anyone from "the public" makes direct use of it, they still indirectly depend on its existence. See also: Reuters / Associated Press / etc.
- whimsicalism 5y ago
  Nothing to do with TV, Twitter has been established as a news breaking platform since at least the Arab spring. And it is absolutely an international phenomenon.
throwaway71271 5y ago
who even watches the news? its worth nothing for people < 30, and the people > 30 already watch what they want to watch, so twitter or not doesnt matter.
garbagetime 5y ago
It's certainly a very impactful service.

by lvl102 5y ago

Twitter is literally the news breaking platform across the world. How much do you think that’s worth? I think it’s worth more than $100B under competent management.

Ekaros 5y ago

It might have reach... But does it make money? And can it be made to make money?

chii 5y ago
That's what they said about facebook in the beginning. And that's also the exact same thing they said about facebook acquiring whatsapp.

aeyes 5y ago

Around the world? I think you are overestimating Twitter by a large margin. My guess is that in the US Twitter has marketing deals with media outlets which make it a relevant platform to post and consume breaking news in the first place. In other countries I haven't seen a lot of Twitter logos on TV.

caymanjim 5y ago
TV has nothing to do with it. I've never seen a Twitter logo on TV in the US either, except when they're reporting on Twitter as a company. GP wasn't talking about a business relationship between TV networks and Twitter.
derefr 5y ago
The GP means that the journalists at the TV stations are getting their leads on what to cover from Twitter; not that audiences are watching Twitter in place of breaking news.
- asdff 5y ago
  They probably have a police scanner running too. Should the public have that running as well to listen to all the latest news? IMO there is place for that and most people don't really need up to the second information on things happening hundreds of miles from anywhere they regularly interact with.
  - derefr 5y ago
    Who said anything about the public? A "breaking news platform" being of relevance to journalists is valuable enough for it to be a large company; whether anyone from "the public" makes direct use of it, they still indirectly depend on its existence. See also: Reuters / Associated Press / etc.
whimsicalism 5y ago
Nothing to do with TV, Twitter has been established as a news breaking platform since at least the Arab spring. And it is absolutely an international phenomenon.

throwaway71271 5y ago

who even watches the news? its worth nothing for people < 30, and the people > 30 already watch what they want to watch, so twitter or not doesnt matter.

garbagetime 5y ago

It's certainly a very impactful service.