Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative
Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative
Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow.
You're viewing a single thread.
It's the best and worst thing to happen to the internet.
Best because - Twitter is a toxic site, with toxic people and a system that encourages ragebaiting means it breeds it.
Worst because - These negative people need somewhere to go... And it will only force them onto alternatives and fester in new places. Potentially here.
I think Zuck will suck them.
Hopefully, Since thread is the new cool thing I hope it survives long enough to do so
I would rather it be Mastodon. I tried threads and it was a bunch of influencers prostituting themselves for follows and likes.
Honestly, it should have been called “Threads and Thirst Traps"
I'm still not sure whether I'm excited or afraid about the rumours of Threads joining the Fediverse.
thread can be their alternative, but im worried about the outcome
I disagree that the toxic people need somewhere to go. They WANT somewhere to go, but if the internet is built as a place where toxicity is not tolerated, they will have nothing to do but to fume privately, and burn in their little oxygen-less chambers until that flame goes out
sounds like reddit