4 ms·
> Just two more weeks and it's gonna collapse this time I swear!
by colpabar 3y ago
> Just two more weeks and it's gonna collapse this time I swear!
- runesofdoom 3y agoIt's going to collapse when the lawsuits from the former employees (from the C-suite down to janitors) catch up, and when the fines from the FCC and EU hit. That could be 3 months or 18, but it's going to happen unless there's a complete about face at Twitter.
- nomel 3y agoWhich lawsuits, specifically?
- runesofdoom 3y agoAll the fired employees Musk didn't treat as he was obligated to. From the former CEO [1], to the rank and file [2], down to the contracted out janitors [3]. 1.https://www.google.com/amp/s/fortune.com/2023/04/11/twitter-former-managers-sue-elon-musk-for-not-paying-legal-fees/amp/ https://www.google.com/amp/s/fortune.com/2023/04/11/twitter-... 2.https://news.bloomberglaw.com/daily-labor-report/musks-twitter-layoffs-generate-thousands-of-legal-headaches https://news.bloomberglaw.com/daily-labor-report/musks-twitt... 3.https://www.kqed.org/news/11935439/fired-twitter-janitors-demand-jobs-back-as-union-files-unfair-labor-charges-threatens-to-sue https://www.kqed.org/news/11935439/fired-twitter-janitors-de...
- Culonavirus 3y agoLet's see: - $$$ from the blue (new thing) - $$$ from subscriptions (new thing) - $$$ from almost all advertisers returning - effective $$$ from cutting the workforce by a small stadium worth of people - ad revenue sharing in development - long form video in development - streaming video/podcasts in development - encrypted dms being tested And that's all there or coming in hot over the next few months. Pretty damn good for a company that apparently just barely operates if you listen to its detractors. Over a couple of years it will morph into #1 news and media site on the planet (it's not really a social network).
- colpabar 3y agoWe'll see. I honestly hope that happens just so I can read all the hate comments.
- jeromegv 3y agoBy all metrics the blue revenue are much smaller than the drop in advertising dollar they experienced. You live in an echo chamber if you think advertising has returned to the same level, it’s been well reported through various sources. Anyway it’s all private so we can only argue against imaginary number. If you think that Elon is getting rich from this 44 billion purchase, only time will tell.
- smcl 3y agoYeah whenever I visit twitter now the adverts are really frequent, so maybe they just think "oh lots of ads, I guess the advertising revenue is normal". Like for every 5 normal tweets I see one "promoted" tweet, and about a third of the time it's some scammy product or service. I just went to twitter.com now and scrolled to check "normal tweets" (tweets or RTs from people I follow) and which were adverts: - 3 x normal tweets - advert (alza.cz) - 3 x normal tweets - advert (some scammy weight loss program called "mad muscles") - 4 x normal tweets - advert (t-mobile) - 4 x normal tweets - advert (some rubber feet product for washing machines so they don't jump around or fall over? is this a problem people have?)
- DoesntMatter22 3y agoYou also live in an echo chamber. Twitter has put out more features in 6 months than in the previous 10 years. Reduced headcount drastically and it's still working very well. The biggest TV hosts are now moving to Twitter.