Technology

It's well on it's way

I don't give a shit.

It was morally bankrupt shortly after Seth McFarlane left too long under a heat lamp took over. In addition to all his other failings, Elon looks like McFarlane jerky.

I think Twitter is going down, may or may not go bankrupt but I think it will lose relevance. Wonder if it will be replaced. Lots of people (myself included) kinda assume that bluesky, mastodon or some other twitter-like service will take over. But Twitter is not really necessary, so I don't think it's a given that something will take its place.

As a time sink, more multimedia-oriented platforms like Reddit/Lemmy, Instagram, Tiktok or Youtube, seem more attractive.

Of course it can. And it probably will. But that's what the plan was since the get.

couldn't he just step down as CEO or sell the company? he could also delete his account. I imagine all of these things would make advertisers happy.

Let's hope it doesn't, I don't want those racist idiots joining any of the other social networks. Let it become the acceptable 4chan.... to siphon off the scum of the internet so that we don't have to deal with them.

If he doesn't do something about the blatant racism on Twitter, I could see this happening. If he does do this, all the shit stains like Tim Pool will start spouting off about how the platform doesn't support "free speech."

Meelon Husk

Now even Betteridge's law is dead.

This is the best summary I could come up with:

The companies paused adverts after an investigation by a US organisation, Media Matters for America, flagged ads appearing next to pro-Nazi posts.

In a fiery interview on Wednesday, Musk also used the "b" word - bankruptcy, in a sign of just how much the ad boycott is damaging the company's bottom line.

Mark Gay, chief client officer at marketing consultancy at Ebiquity, which works with hundreds of companies, says there is no sign anyone is returning.

When Musk puts chief executives "in his crosshairs" like this they will be even more reticent to be involved with X, says Lou Paskalis, of marketing consultancy AJL Advisory.

Jasmine Enberg, principal analyst at Insider Intelligence, adds: "It doesn't take a social media expert to understand and to know that publicly and personally attacking advertisers and companies that pay X's bills is not going to be good for business."

According to the New York Times, which got hold of the pitch deck Musk was giving to investors last year, X was supposed to bring in $15m from a payments business in 2023, growing to about $1.3bn by 2028.

The original article contains 1,032 words, the summary contains 184 words. Saved 82%. I'm a bot and I'm open source!

No. Whoever wrote this doesn't understand bankruptcy.

If things got really bad creditors would take control and sell the business to shareholders who would install a clean CEO who would entice advertisers back.

No one would utter the b-word.