Advertising revenue in Twitter crashes by 50%

ghariksforge@lemmy.world to Technology@lemmy.world – 2388 points –

nuff said

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I disagree. Twitter was already going under even before he took over. In fact, it was doomed from the beginning as one of the uber era "grow valuation, think about revenue later", hoping to exit someday by selling it to some rich megalomaniac, and actually, they're the ones who succeeded.

well, it was actually about ready to start breaking even, and even paying off some debt. there was a path to profitability with twitter, but it was tenuous at best.

king of the idiots was forced to by it, saddling it with so much dept that that profitability dream was over the moment he became involved.

I think twitter is artificially 'failing' because of meddling by influential special interests. It is being shunned by some advertisers because he won't bend the knee to the ESG tyrant bankers.

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