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Twitter is essentially losing money even with a bare bones staff https://www.theverge.com/2025/1/24/24351317/elon-musk-x-twitter-bank-debt-stagnant-growth http
by adamors 2y ago
Twitter is essentially losing money even with a bare bones staff
https://www.theverge.com/2025/1/24/24351317/elon-musk-x-twitter-bank-debt-stagnant-growth https://www.theverge.com/2025/1/24/24351317/elon-musk-x-twit...
It's being kept online because it's a good propaganda tool, not due to how it performs on the free market.
- Zealotux 2y agoIt's not related to engineering issues but rather the ideological shift and the fact that it became a blatant propaganda machine for its new overlord.
- Macha 2y agoEhh, as a propaganda tool it would be more useful to not have a hard login wall, which was allegedly implemented due to engineering challenges continuing to operate Twitter at its former scale. So the engineering issues are even limiting its new goals.
- bloomingkales 2y agoIt's arguably depreciating in value faster than a new car. One of Elmo's worst judgement calls (and that's saying a lot). Altman jabbed at Elmo and offered 9billion for X, 1/4th the price Elmo paid. It's kind of hilarious watching the piranhas go at each other: https://finance.yahoo.com/news/elon-musk-reportedly-offers-974-billion-for-openai-sam-altman-says-no-thank-you-215634193.html https://finance.yahoo.com/news/elon-musk-reportedly-offers-9...
- gilbetron 2y agoIt arguably got him to be effectively an unelected President (at least for now), the investment has largely paid off scarily. For twitter as a business? Awful.
- hbn 2y ago"Is a good propaganda tool" doesn't keep a website up, engineers do. It's losing money because a bunch of major advertisers pulled out, not because there's not enough engineers to keep it online. I use it daily and can't remember the last outage.