Elon Musk's X revenue has officially plummeted, new documents show
Elon Musk's X revenue has officially plummeted, new documents show
Remember when Elon Musk said he wanted X to be more PayPal-like? New docs show this plan is still on.
When did we get away from saying “X - formerly known as Twitter” ? I liked seeing that gentle nudge in every headline.
No we’re past that point. I’d much rather call it X and have the people left on that awful network swallow the jagged X pill instead of kidding themselves into thinking they are still on Twitter.
They are Xers now.
I try to refer to it as Xitter. Posts are xeets.
I call them xcrements
How long do you do that for? He changed it to X who cares how dumb it is that is now the name.
I still get emails from my dormant account, and according to my Gmail, the sender is, "X (formerly Twitter)," so I don't think we're done with that yet.
When the domain name changed
It's still twitter, the place for twits, like Elon.
I genuinely hope this platform burns to the ground.
I already lost all faith in it a long time ago, but kept my account to occasionally respond to a friend, or just look at feeds i don’t follow.
When he publicly reinstated fascists though, that was the last drop in the ocean of issues
The moment Musk fired engineers, I removed my account. Then I watched Twitter integration fail for a few applications Ive worked on, and removed that login/access.
From there, I watched multiple services fail. Ive watched spam bots take over. I watched drama after drama, Musk demanding weird choices like his tweets get priority.
It's such a mess.
Never going to happen. His other companies are highly successful and private so he can always borrow money to from other companies to keep twitter afloat
Schadenfreude intensifies.
The biggest loss here is that I follow a lot of artists on Twitter and when it goes kaput I won't have easy access to follow them.
Quite a few of the artists I follow on Xitter have already prepared backup Bluesky accounts.
My artist friends were actually the ones to introduce me to bluesky! Some of those circles jumped ship pretty early.
I'd rather store my food in Jeffrey Dahmer's fridge than my money with Elon Musk's company.
That's why he needed such a high compensation package from tesla lol.
good
that's a shame.. anyone up for boggle?
According to the article, the revenue is down 40%....But the costs are also way down? So this title is totally misleading, and a bunch of Lemmies are out here celebrating because they didn't put 2 and 2 together.
Well yeah, but means the platform is not growing
How much more growth could Twitter have anyway?
Anyone who was interested either had one or had sworn it off well before Musk got involved.
The only thing that changed for me personally was I could previously see tweets from people without having an account, now I can't, so I don't click on twitter links at all. All of the businesses and public services previously announcing things on Twitter do it elsewhere now anyway for that reason.
Mr/s. financial expert, how much is way down? How does the cost vs revenue compared? Is it a net positive or negative. I'll wait for you to put 2 and 2 together to see if I celebrate or not yet.
X lost half a billion dollars in the first quarter of 2023. Odd that the financial expert didn't mention this even though it is literally in the same sentence as the "40% drop in revenue" statement in the article.
Lemmy is pretty biased and has unrealistic expectations. Like people here still think Reddit going to die, when the fact is we left over the API incident but we’re in the minority and the majority of people don’t care.
I can’t stand X or Elon, but it would be silly to not look at things objectively.
A time for celebration
good riddance, black banana asylum. you won't be missed.
i hope plunging means up, and 75 means 200