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ArsTechnica: Musk admits advertisers haven’t returned to Twitter, ad revenue down 50% (arstechnica.com)

submitted 1 year ago by monz@pawb.social to c/tech@pawb.social

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[–] CarpeBumBum@lemmynsfw.com 26 points 1 year ago

It's almost as though Elon Musk has no fucking idea about how to run a company like a real business.

[–] Spitfire@pawb.social 13 points 1 year ago

To the surprise of no one but Elon probably.

But he’ll continue to squeeze as much money from those willing to pay as he can to make up for it.

[–] Mrdab@pawb.social 12 points 1 year ago* (last edited 1 year ago)

Elon Musk can't run a proper ad/ social media company correctly, and he has showed his incompetence. I hope people see what he really wants.

[–] wseda22@lemmy.world 11 points 1 year ago (1 children)

How much longer can Twitter continue to operate with negative cash flow? Makes me wonder if it will still be around a year from now.

[–] SloanTheServal@pawb.social 2 points 1 year ago* (last edited 1 year ago)

Depends on how much he's subsidizing it with other sources of income. Google ran YouTube at a loss for a very long time before they finally managed to make it profitable.

Of course, I doubt that will happen here, seeing as how Twitter used to be profitable before the muskrat got his hands on it.

[–] johannes_silverfox@pawb.social 5 points 1 year ago

Along with funneling money to his cronies just to accelerate the fall..

[–] stefenauris@pawb.social 2 points 1 year ago

Well well well, the consequences of his own actions

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