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I knew the end of the cheap money era would cause some businesses to be exposed but wow. We are basically in the middle of watching someone flush 44 billion dow
by loso 3y ago
I knew the end of the cheap money era would cause some businesses to be exposed but wow. We are basically in the middle of watching someone flush 44 billion down the drain. I could understand if it was a 600 posting limit. But a 600 viewing limit? wow. For example, NBA free agency just started. There are types of trades & signings being talked about. Just looking at that information I'm going past the 600 limit in about 30 minutes just by scrolling to see if anything is new. Twitter was nice to get this information from & they showed me a few ads. Decent transaction. But now I'm just going to refresh ESPN to see the latest signings.
- x86x87 3y agoStop complaining or it's going to be 600 characters or less! Including the headers for your requests! /s
- Kye 3y agoAn account on an ESPN Mastodon instance that comes with and logs in with that Disney+/Hulu/ESPN bundle would probably be popular. Doesn't even have to federate.
- freewizard 3y agoThere will be cost and consequence of moderation, with very limited benefit given its content subscription model.
- Kye 3y agoI was thinking read/boost-only for all but select users, like sports celebrities.
- tomjakubowski 3y agobah gawd that's RSS's music
- Kye 3y agoBased on the post I replied to, it sounds like realtime updates are an important feature. All the accounts would have RSS feeds if someone wanted it in that format.
- slawton3 3y agoIt's even funnier when Elon confirmed that scrolling through a tweet counts as a read.
- oneeyedpigeon 3y agoIsn't that obvious though? What else would count as a read?
- blowski 3y agoYes it's obvious, but it's so bizarre that I assumed the title had to be clickbait or poorly written. But no, it's absolutely correct.
- codezero 3y agohaving worked on products where analytics matter, it's important to be specific about behavior of those who use your products, and a better metric would be related to lingering, did you stop scrolling and if there are many tweets in this feed where you stopped, did you move your mouse towards one of those tweets? was your lingering intentional or related to inattention? It's important to develop an understanding of which in the list is the one you are lingering on (or what even is that list). It's important for behavior monitoring but also to make sure you are serving ads in a way that aligns with attention (assuming you run an ad supported platform, like Twitter) and that you can have accurate measurements for ad impressions (scrolling past an add without even stopping shouldn't cost an advertiser more than the base cost of the ad, and should cost more if someone lingers for even a half second.) Other random ideas for what you would consider counted? you replied, you liked, you clicked a link through the tweet, you expanded a shortened version of a long tweet. There are so many ways to determine "read" and assuming it's always the naive "it was served" is like building a business based off of page views and not actual engagement.
- KnobbleMcKnees 3y agoIt's impossible to know for real if someone has read a tweet -especially on Twitter where several tweets appear on the screen at once - however "dwell time" is a common measurement that is usually enough to appease marketers. In this case it doesn't matter though because the aim is to mitigate cost, so equating an impression with engagement is fine.
- dbish 3y agoIt’s wild. Used to checking it frequently which any social media company would love, but can’t even scroll the feed this morning as I hit the rate limit just drinking coffee and catching up. The good thing is this will make me spend far less time on social media since it was the last one I had on my phone.
- FormerBandmate 3y agoInstagram Threads is going to thrash Twitter. It will be insane, like Snapchat stories but much worse
- pydry 3y agoIf you asked me a year ago I wouldnt have guessed that raising interest rates would be the cure to doomscrolling. But here we are.
- Waterluvian 3y agoWhat’s next? A war in Ukraine that solves the fossil fuel crisis?
- whoevencares 3y ago[flagged]
- dylan604 3y agoWow, so maybe Musk was society's savior we didn't want to need. Although, maybe if Twitter was no more, people would begrudgingly go back to FB for their doom scrolling needs.
- deeviant 3y agoBetween Musk and u/spez, I recovered at least 2 hours a day of normally wasted time. I've read books, like actual paper ones. Spent some time making a simply 2-d space shooter, just for fun. Spent more time engaged with people I care about. Turns out social media is the least social thing ever and basically sucks.
- partiallypro 3y agoI don't think this is because of the "end of cheap money" (I don't think this high interest rate environment will last that long) but just sheer incompetence by Musk and his staff. Elon has become increasingly erratic on the platform, he just tweeted recently a reply to a Tweet saying Islam would take over France. I don't know if he's always been like this or if the stories of his heavy ketamine usage are true and taking a toll on him.
- valval 3y ago[flagged]
- Tempat 3y agoI didn’t read the parent comment as making any particular judgement apart from the one that Islam in France is an unusual and unnecessary topic for Elon to be getting himself publicly involved in.
- valval 3y agoUnnecessary and unusual defined by whom? It’s okay to talk about anything on social media. It’s an important topic that he is shedding light on.
- hmmokidk 3y agoI don’t know how to tell you this…but you’re delusional.
- phpisthebest 3y ago>>I don't think this is because of the "end of cheap money" Explain just about all platforms doing revenue adjusting user hostile actions then? Examples include Reddit with the API fees, YT with the Ad Blocking blocking. etc This is all a reaction to the end of cheap money, aka the cost of capital is going up, so companies need to actually make revenue instead of chasing free capital >>I don't think this high interest rate environment will last that long There is no indication this true, most likely the "new normal" is going to be on the order of rates before the 2008 housing crash, not going back to the insanity of 0-1% fed rates...
- seydor 3y agoTesla keeps going up
- revscat 3y agoAnd what is Musk’s attention primarily directed at these days?
- ismokedoinks 3y agoI've just been googling "Damian Lillard" every 5 minutes I don't know what to do with myself
- esskay 3y agoI managed to hit the limit during the F1 sprint race as theres a ton of threaded comments for that. Genius level move on how to screw up your own business.
- sp332 3y agohttps://www.espn.com/nba/story/_/id/37852244/nba-free-agency-2023-latest-deals-news-buzz-reports https://www.espn.com/nba/story/_/id/37852244/nba-free-agency... has very rapid updates.
- fotta 3y agoFWIW I turned on notifications for Woj and Shams and I’m still getting them even though I’m rated limited too.
- william- 3y ago'Likes' tab on a profile also appears to be unaffected by rate-limit as well.
- mrtksn 3y agoWhat I wonder is, how people who paid for verified account feel about it? First you pay for the reach(more features and priority to display) and then your followers or those who are supposed to reached need to pay to read your content. Some people are actually paying non trivial amounts for business accounts. Normally I'm inclined to think that Musk is a great product person but this one move seems like a jerk reaction to some numbers not meeting expectations and designing a product to improve numbers without thinking about how the product actually works.
- rsync 3y agorsync.net has a verified (gold star ?) account which we neither asked for nor paid for. I think it comes with having an advertising balance ? Interestingly, we have had (for the first time in years) decent advertising traction on Twitter in the first half of 2023 and I was planning on expanding that. Advertising a product like ours has been very difficult because the venn diagram of "people who understand rsync.net" and "people who don't use an adblocker* has a very tiny overlap. So between suspending our reddit promotions due to the dysfunction there and seeing some (very marginal) success with Twitter ads called into question I suspect we're headed back to square one ...
- timwis 3y agoHi! I’m one of the people who fall in the middle of the Venn diagram, and just wanted to let you know I was reading your website and the menu hamburger button doesn’t seem to work on my iPhone 14 on Safari or Firefox, so I couldn’t get to the pricing page etc. I’ll take a note to read it when I’m on my desktop but just wanted to pass it along.
- kxrm 3y ago> iPhone 14 on Safari or Firefox Rendering engine is all Safari on iPhone, so trying another brand of browser won't help with rendering issues.
- phpisthebest 3y ago>>We are basically in the middle of watching someone flush 44 billion down the drain. Odd statement given that Fidelity just cut its valuation of reddit, but increased it valuation of Twitter.
- WJW 3y ago> The Fidelity Blue Chip Growth Fund has reduced the market value of its equity stake in Twitter for a third time, now putting it at $6.55 million. That’s down from the nearly $20 million the Fidelity fund valued its stake at in October. From today, according to https://apnews.com/article/twitter-fidelity-musk-value-08c64f3bda6c3070fef0d33f247501a3 https://apnews.com/article/twitter-fidelity-musk-value-08c64.... It doesn't sound like it increased its valuation of twitter in any way tbh.
- phpisthebest 3y agoTIL that June 1st is "today" July 1st... In reality that was a month ago, and on June 30th they increased the value https://techcrunch.com/2023/06/30/fidelity-deepens-valuation-cut-for-reddit-and-discord/ https://techcrunch.com/2023/06/30/fidelity-deepens-valuation...
- tyrust 3y ago> The financial giant also readjusted the value of its holding in Twitter to $6.86 million, up from $6.55 million from a month prior, but still down 65% since the original investment. Still significantly down.
- phpisthebest 3y ago[flagged]