Doc Posted April 28, 2023 Posted April 28, 2023 2 hours ago, ChiGoose said: Twitter revenue, earnings reportedly fell 40% shortly after Musk buyout Twitter's revenue and adjusted earnings reportedly fell about 40 percent year over year in December 2022 amid an advertiser exodus following Elon Musk's takeover. Twitter ad revenue to plummet 28% in 2023: forecast Twitter's income from advertising will fall by 28 percent in 2023, a closely watched forecast said Tuesday, as the platform struggles under the ownership of Elon Musk. Analysts at Insider Intelligence said they were slashing an earlier worldwide revenue estimate of $4.74 billion by more than a third to $2.98 billion as trust in the platform deteriorates. It will rebound as butthurt libs realize Twitter is still the news platform out there and nothing else comes close. 1 1
Tommy Callahan Posted April 28, 2023 Posted April 28, 2023 3 hours ago, ChiGoose said: Twitter revenue, earnings reportedly fell 40% shortly after Musk buyout Twitter's revenue and adjusted earnings reportedly fell about 40 percent year over year in December 2022 amid an advertiser exodus following Elon Musk's takeover. Twitter ad revenue to plummet 28% in 2023: forecast Twitter's income from advertising will fall by 28 percent in 2023, a closely watched forecast said Tuesday, as the platform struggles under the ownership of Elon Musk. Analysts at Insider Intelligence said they were slashing an earlier worldwide revenue estimate of $4.74 billion by more than a third to $2.98 billion as trust in the platform deteriorates. Twitter no longer reports earnings publicly since Musk bought the company and took it private in late October. But Twitter reported the December 2022 revenue and earnings declines in an update to investors, according to "people familiar with the matter" cited in a Wall Street Journal report on Friday. More unnamed sources to a story without facts to support it. IE, blue anon https://www.allsides.com/news-source/insider-media-bias 1
ChiGoose Posted April 28, 2023 Posted April 28, 2023 2 hours ago, Doc said: It will rebound as butthurt libs realize Twitter is still the news platform out there and nothing else comes close. Doubtful. Given the lack of actual verification, it’s usefulness as a source of news will decrease as the number of imposter accounts rise. 1 hour ago, Chris farley said: Twitter no longer reports earnings publicly since Musk bought the company and took it private in late October. But Twitter reported the December 2022 revenue and earnings declines in an update to investors, according to "people familiar with the matter" cited in a Wall Street Journal report on Friday. More unnamed sources to a story without facts to support it. IE, blue anon https://www.allsides.com/news-source/insider-media-bias Got it. So unless there is news that supports what we want to be true, we can just dismiss anything that counters our position as biased and re-assert our own position without any support.
wnyguy Posted April 28, 2023 Posted April 28, 2023 1 minute ago, ChiGoose said: Doubtful. Given the lack of actual verification, it’s usefulness as a source of news will decrease as the number of imposter accounts rise. Got it. So unless there is news that supports what we want to be true, we can just dismiss anything that counters our position as biased and re-assert our own position without any support. Naming any person " familiar with the matter" would add a little bit of credibility to the story, no?
ChiGoose Posted April 28, 2023 Posted April 28, 2023 22 minutes ago, wnyguy said: Naming any person " familiar with the matter" would add a little bit of credibility to the story, no? Absolutely. But anonymous sources or people familiar with the matter quoted in an outlet like WSJ sure the hell beats “Nuh uh!”
Doc Posted April 28, 2023 Posted April 28, 2023 54 minutes ago, ChiGoose said: Doubtful. Given the lack of actual verification, it’s usefulness as a source of news will decrease as the number of imposter accounts rise. Again there's nothing even remotely close. And the imposter account issue will be figured-out.
ChiGoose Posted April 28, 2023 Posted April 28, 2023 2 minutes ago, Doc said: Again there's nothing even remotely close. And the imposter account issue will be figured-out. If the reason we have so many new imposter accounts is because Twitter did away with the verification system that actually verified people, why are you confident they will fix the problem they just intentionally created?
Doc Posted April 28, 2023 Posted April 28, 2023 8 minutes ago, ChiGoose said: If the reason we have so many new imposter accounts is because Twitter did away with the verification system that actually verified people, why are you confident they will fix the problem they just intentionally created? It's not the first time Musk has been doubted and/or hit a snafu.
ChiGoose Posted April 28, 2023 Posted April 28, 2023 2 minutes ago, Doc said: It's not the first time Musk has been doubted and/or hit a snafu. I understand that. What I don’t understand is why we would be confident that Twitter will fix a problem it intentionally created.
BillStime Posted April 28, 2023 Author Posted April 28, 2023 22 minutes ago, Doc said: Again there's nothing even remotely close. And the imposter account issue will be figured-out. What happened to MySpace?
Doc Posted April 28, 2023 Posted April 28, 2023 10 minutes ago, ChiGoose said: I understand that. What I don’t understand is why we would be confident that Twitter will fix a problem it intentionally created. They can/will just go back to the old system. 1
Tommy Callahan Posted April 28, 2023 Posted April 28, 2023 2 hours ago, ChiGoose said: Doubtful. Given the lack of actual verification, it’s usefulness as a source of news will decrease as the number of imposter accounts rise. Got it. So unless there is news that supports what we want to be true, we can just dismiss anything that counters our position as biased and re-assert our own position without any support. So unless it's reputable and sourced, no. It's nothing but a story.
BillsFanNC Posted April 28, 2023 Posted April 28, 2023 (edited) Old Twitter censoring a story from the NY Post and locking their account in a brazen act of election interference? Commies: No problem. Musk's Twitter removing elites exclusive blue checks? Commies: Huge problem. Edited April 28, 2023 by BillsFanNC
ChiGoose Posted April 28, 2023 Posted April 28, 2023 2 hours ago, Doc said: They can/will just go back to the old system. Destroy the old system, predictably causing a rise of fraudulent accounts and fix it by restoring the old system. Truly, a genius move. We mere mortals simply cannot comprehend it.
Doc Posted April 28, 2023 Posted April 28, 2023 3 minutes ago, ChiGoose said: Destroy the old system, predictably causing a rise of fraudulent accounts and fix it by restoring the old system. Truly, a genius move. We mere mortals simply cannot comprehend it. Yeah, he dumb.
ChiGoose Posted April 28, 2023 Posted April 28, 2023 5 minutes ago, Doc said: Yeah, he dumb. I didn’t say he’s dumb. I said that the move to end verification on Twitter is dumb. It’s possible for smart people to dumb things. Like Elon buying Twitter to set a new world record for most money lost by a single individual.
Doc Posted April 29, 2023 Posted April 29, 2023 (edited) 14 minutes ago, ChiGoose said: I didn’t say he’s dumb. I said that the move to end verification on Twitter is dumb. It’s possible for smart people to dumb things. Like Elon buying Twitter to set a new world record for most money lost by a single individual. He didn't end verification: he tried to get people to pay for it and people revolted. There's a difference. The fix is easy. Unlike what, say, AB InBev has done to their BL brand. Now that was dumb. As for losing the most money, LOL! Who GAF? He's still close to the richest man in the world. After a billion, it's all funny money anyway that he'll never be able to spend. Edited April 29, 2023 by Doc
ChiGoose Posted April 29, 2023 Posted April 29, 2023 40 minutes ago, Doc said: He didn't end verification: he tried to get people to pay for it and people revolted. There's a difference. The fix is easy. Unlike what, say, AB InBev has done to their BL brand. Now that was dumb. As for losing the most money, LOL! Who GAF? He's still close to the richest man in the world. After a billion, it's all funny money anyway that he'll never be able to spend. 1
Doc Posted April 29, 2023 Posted April 29, 2023 21 minutes ago, ChiGoose said: That's funny. I think that laughing at a guy going from $300B to $150B is "weird nerd" territory. As for the "valid criticism," I said he was trying to make extra revenue and obviously it didn't work. So he'll go back to the old model.
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