Honestly, the only thing keeping X relevant, is news articles at this time.
Value of X has fallen 71% since purchase by Musk and name change from Twitter
Submitted 1 year ago by admin@beehaw.org to technology@beehaw.org
https://www.theguardian.com/technology/2024/jan/02/x-twitter-stock-falls-elon-musk
Comments
Auzy@beehaw.org 1 year ago
tesseract@beehaw.org 1 year ago
It feels like news agencies run this story just to rub it in his face.
crandlecan@mander.xyz 1 year ago
Brilliant business strategy, you just wait!! 😂
agegamon@beehaw.org 1 year ago
Literally only the best strategies here! I mean lets recap:
- Threaten to buy company then double down and agree in writing as a bullying tactic: check
- Roll a nat 1 on your intimidation check: check
- Be forced to follow through when called out on being mentally an 8 yo by the feds: check
- Fire critical employees, like basically all of them: check
- Yoink verification away from public news orgs: check
- Let anyone pay to be “legit,” even if they’re parodying you: check
- Rename to stupidest thing imagined since head-on (apply directly to the forehead): check
- Gut content moderation policies but also stop enforcing regardless: check
- Post own hate content and racism to the platform: check
- "Accidentally" run ads next to hate content: check
- Be told your sign sucks and to take it down by city: check (lol)
- Become a living embodiment of “big yikes” energy while telling aforementioned advertisers to “go fuck yourselves” on live TV: check
- Hallucinate about making company a libertarian wechat alternative: check
- Tank the value of the company while blaming literally anyone else for your failures: mission in progress, #1 priority
10/10 solid buy, gonna grab some long calls rn. The koch boys and rupert murderjock must be holding back a tsunami of jealousy by now 🤣
Thisfox@sopuli.xyz 1 year ago
You left out “throttle diaster information accounts when the disaster is happening” (Japan earthquake).
crandlecan@mander.xyz 1 year ago
See! This guy gets it!! 😍
some_guy@lemmy.sdf.org 1 year ago
He’s a genius playing 8D chess. You just don’t understand. By this time next week, Twitter will be the only website in the world and Lonnie will laugh at you from mars. Just watch!
renard_roux@beehaw.org 1 year ago
Insert Bond Villain Plot™ where he’s secretly buying all the EMP-hardened server parks in the world, and it’s getting ready to orbital-nuke everything except Shitter servers back to the stone age.
And of course he will brick every phone and computer everywhere, so nobody will be able to use Shitter, but God damnit, it will be the only site left!
Powderhorn@beehaw.org 1 year ago
I’m pretty certain I know how Musk would respond to this. It’s inappropriate for Beehaw.
hydroptic@sopuli.xyz 1 year ago
Something something woke mind virus something
belated_frog_pants@beehaw.org 1 year ago
Looool idiot, i cant believe anyone ever thought he was smart
tesseract@beehaw.org 1 year ago
There are still people around who believe that he’s the tech messiah sent to deliver them to Mars.
Titan@beehaw.org 1 year ago
I wouldn’t go anywhere this guy tells me to go, nevermind to fucking Mars
Hyggyldy@sffa.community 1 year ago
wHaT bUsInEsS hAvE yOu StArTeD
t3rmit3@beehaw.org 1 year ago
*follows Musk on LinkedIn*
HalJor@beehaw.org 1 year ago
I’d love to see the investment banks start to call their loans that financed this purchase in the first place.
belated_frog_pants@beehaw.org 1 year ago
They already wrote them off. If i had lost a 100th of that i’d never have credit ever again
tesseract@beehaw.org 1 year ago
You could have such privileges if you just work hard enough! /s
Gormadt@lemmy.blahaj.zone 1 year ago
I’m honestly a bit surprised
Surprised that it’s only 71% that is
vhstape@lemmy.sdf.org 1 year ago
shocked pikachu face
cupcakezealot@lemmy.blahaj.zone 1 year ago
I used to keep a couple of bookmarks of people I liked to follow to view on Nitter; now I don’t even care about that mostly because the most of them left Twitter.
Thisfox@sopuli.xyz 1 year ago
When the Japanese Earthquake information twitter account was throttled a few days ago, after the earthquake, there seemed to be this general realisation that they were not going to be able to use it for disaster communication any more…
RadioRat@beehaw.org 1 year ago
Not sure things would look much different if Twitter was intentionally destroyed.
DuffmanOfTheCosmos@beehaw.org 1 year ago
That’s because it probably was
amju_wolf@pawb.social 1 year ago
As easy as it is to hate what he did to Twitter I wonder how much of that original value was just “VC hype” and now people see it for the failure it has always been like all social media in a way. Turns out it’s pretty hard making money out of non paying users.
ExLisper@linux.community 1 year ago
The original value was based on as revenue which is down now. It has nothing to do with VC hype or non paying users.
DavidGarcia@feddit.nl 1 year ago
I bet he’ll rename it to “SEX” sooner or later
delmain@beehaw.org 1 year ago
He already did that with the Tesla models
S3XY
sqgl@beehaw.org 1 year ago
Are Tesla models the Musk equivalent of Heffner’s Playboy bunnies? /s
autotldr@lemmings.world [bot] 1 year ago
🤖 I’m a bot that provides automatic summaries for articles:
Click here to see the summary
The number of monthly users of X dropped by 15% in the first year since Musk’s takeover amid concerns over a rise in hate speech on the platform. And in September, the European Union issued a warning to Musk after it found that X had the highest ratio of disinformation posts of all large social media platforms. That disclosure would cover the fallout from a number of major companies pulling advertising on X after Musk endorsed an antisemitic conspiracy theory, the New York Times reported. Since the takeover Musk has reinstated a number of people previously banned from the platform, including former president Donald Trump and the rightwing conspiracy theorist Alex Jones. Trump is facing more than 90 criminal charges stemming from subversion of the 2020 election that he lost to Joe Biden, retention of government secrets after his presidency and hush-money payments to porn actor Stormy Daniels. Meanwhile, Jones recently proposed to pay $55m over 10 years to the Sandy Hook families who sued him for spreading lies that the 2012 schoolhouse killings in Newtown, Connecticut, were part of a hoax meant to force the US to accept gun control. — Saved 57% of original text.
ulkesh@beehaw.org 1 year ago
Good.
Kanda@reddthat.com 1 year ago
Why are we still talking about this dead platform?
chemicalwonka@discuss.tchncs.de 1 year ago
MORE!
MyTurtleSwimsUpsideDown@kbin.social 1 year ago
Well, duhh!
All the devs are working on Wayland now.
SketchySeaBeast@lemmy.ca 1 year ago
Who is making Yutani?
LoamImprovement@beehaw.org 1 year ago
I dunno, but they better watch out if they don’t want Seegson eating their lunch.