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Economist opening line: "Elon musk’s two months running Twitter has been an unhappy experiment". Latest publicly available usage report from twitter (as you al
by recuter 4y ago
Economist opening line: "Elon musk’s two months running Twitter has been an unhappy experiment".
Latest publicly available usage report from twitter (as you all remember widely and frantically predicted to crash and disappear from the internet):
Conversation impressions surpassed all previous quadrennial events.
There were a whopping 147B impressions of the #WC2022 conversation globally, easily surpassing #WC2018 and more than doubling the number of impressions of the #Tokyo2020 Olympics.
Whether the crowd was reacting to a big goal, watching highlights, predicting the outcome of the next match, or celebrating the star players, fans came to Twitter to discuss all aspects of the game.
"24,400 tweets per second for France’s goal, highest ever for World Cup!"
-- https://blog.twitter.com/en_us/topics/events/2022/2022-World-Cup-Insights https://blog.twitter.com/en_us/topics/events/2022/2022-World...
Edit: Brave down voters, use your words ;)
- Sebb767 4y agoOn the other hand, advertisers have been turning away (at least for some time) and Twitter now has to pay a lot of interest. It will really be interesting to see how this turns out.
- oblio 4y agoThe internet is still growing :-) For a while, the fact that Major Event in YEAR + 4 has more views than Major Event in YEAR is not impressive on its own. For all we know Twitter could be sitting still and be carried away by the current. The trick question is: how are their financials, and especially what's their growth rate compared to their competitors? (Google, Facebook/WhatsApp/Instagram, TikTok, Snapchat, Telegram etc).
- Lyngbakr 4y agoThe numbers that really matter, though, are given later in the opening paragraph: > Twitter, which lost $221m in 2021, is now on track to lose $4bn a year, by one estimate. The challenge is turning those new engagement statistics into dollars.
- defrost 4y agoThose "new engagements" are gone already .. they were the watering hole chatter of the World Cup, and they happened on Twitter as Twitter hasn't yet cratered. The question of interest here is what will be the global water cooler come the next World Cup?
- pocketarc 4y agoTwitter. I'd bet on that. I imagine that someone else will be running the show, and it will possibly still be owned by Elon Musk, but it 100% will still be Twitter. There is no real replacement. It's not gonna be some alternative that calls retweets "retruths", nor will it be a decentralised alternative, no matter how much we want it to be, the UX is simply not there (yet?). Even if an alternative pops up, it will take more than 4 years for it to dethrone Twitter. Put your faith in inertia. It is a powerful (lack of) force.
- orwin 4y agoIdk. In the last week, half the infosec blogs i followed stopped posting on twitter (or writing about stuff they saw on twitter) so at least for me, i only went on twitter thrice last week? compared to probably an average of ten times a week in the last two month. I'm not even actively boycotting (i don't believe in boycott, it's just a nice story to make you believe you have power)
- willcipriano 4y agoThey have a run rate > 4 billion a year even after all those layoffs? What will it look like after they are done paying out severance packages?
- bkor 4y ago> They have a run rate > 4 billion a year even after all those layoffs? I highly recommend reading the following article: https://www.npr.org/2022/11/30/1139964806/how-elon-bought-twitter-with-other-peoples-money https://www.npr.org/2022/11/30/1139964806/how-elon-bought-tw... Elon Musk bought Twitter with "loans". The interest of those loans are now a responsibility for Twitter. Meaning did NOT have a huge run rate. The leveraged buyout caused this. There have been an insane amount of focus that the huge predicted losses are a result of lazy overpaid developers. This while ignoring that Elon Mush did a leveraged buyout. The number of employees wasn't the issue, making Twitter responsible for billions in loans while the interest rate of those loans went up is the problem. Elon Musk keeps complaining about the federal reserve and the interest rate. He's complaining for a reason. He gambled and couldn't back out.
- pjc50 4y agoIt's notable that there haven't been technical difficulties as a result of the world cup traffic. The worst I've seen reported is that 2FA codes on certain mobile carriers no longer work. But Twitter can't claim its policies on content have been a success because the World Cup was popular, the two are unrelated.
- recuter 4y agoSince we can now concede that no notable technical difficulties have occurred (despite predictions) and the World Cup was the most popular heretofore (despite predictions) nobody can reasonably claim that twitter policies about staffing, content, or otherwise have as of yet materially hampered anything other than the moods of the doomsayers. Aforementioned doomsayers, here, and in the press like the posted opinion piece, are really the only ones making substantial claims. And when those prognostications don't manifest they seem to seethe and double down. Curios behavior.
- jasonlotito 4y agoI down vote anyone that whines about down voting. It’s worthless and makes the comment worthless and deserving of no respect. Zero tolerance. You whined about down votes. Your comment is worthless and deserves no respect. That I’m telling you this is more than it deserves. There, used my words
- recuter 4y agoI actually welcome these particular downvotes. Not whining about anything, I simply would like people to additionally use their words (if they are capable of doing so).
- jasonlotito 4y agoNo. Any comment or series of comments that includes whining about down votes (which is what you did) deserves down votes and deserves little to no additional explanation. I include my own comment in this. I debated even writing it. Maybe you should try to use your adult voice and try and engage people in a way that they would want to have a worthwhile conversation. Instead, your attitude is pretty insulting at best. You want people to engage in civil conversation? Check yourself first.
- recuter 4y agoUnder normal circumstances I would agree with this sentiment but in this instance we will have to agree to disagree. It is of course your right to feel insulted but I will simply point out that my post had no content other than directly relevant quotes from the posted article and the twitter blog. Least I risk sounding as if I am speaking to toddlers, quoting does not even necessarily imply agreement. Relevant information, however many conniptions it might trigger, is still relevant information. Hence, downvotes are fine, brigading is not. Be well. :)
- gadders 4y agoSince Elon bought twitter, you can't say anything even mildly positive about him or his companies now without immediate downvotes.
- recuter 4y agoStrangely enough, I have not actually said anything positive about him or his companies.
- shapefrog 4y ago> Latest publicly available usage report from twitter My mum says I am super smart.