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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Elon Musk buys a big chunk of Twitter

Elon Musk buys a big chunk of Twitter

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  • taiwan_girlT Offline
    taiwan_girlT Offline
    taiwan_girl
    wrote on last edited by
    #774

    It does seem like it might be a good idea, and get rid of a lot of the fake accounts, etc.

    George KG 1 Reply Last reply
    • taiwan_girlT taiwan_girl

      It does seem like it might be a good idea, and get rid of a lot of the fake accounts, etc.

      George KG Offline
      George KG Offline
      George K
      wrote on last edited by
      #775

      @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

      It does seem like it might be a good idea, and get rid of a lot of the fake accounts, etc.

      That's what I thought as well, but...

      This only applies to NEW accounts. The old bots are still there.

      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

      1 Reply Last reply
      • jon-nycJ Offline
        jon-nycJ Offline
        jon-nyc
        wrote on last edited by
        #776

        Yes but it's a pilot. I assume they'll roll this out. It won't stop ads but it will greatly limit bots. I'd pay without thinking.

        I was always supportive of the idea that sending an email would cost 1 penny or whatever. Trivially unnoticeable by actual humans, catastrophic for spammers.

        Only non-witches get due process.

        • Cotton Mather, Salem Massachusetts, 1692
        AxtremusA 1 Reply Last reply
        • AxtremusA Offline
          AxtremusA Offline
          Axtremus
          wrote on last edited by
          #777

          I like that this bold experiment is being conducted to control/limit the boys. Think Facebook/Instagram or maybe even LinkedIn will follow?

          1 Reply Last reply
          • jon-nycJ jon-nyc

            Yes but it's a pilot. I assume they'll roll this out. It won't stop ads but it will greatly limit bots. I'd pay without thinking.

            I was always supportive of the idea that sending an email would cost 1 penny or whatever. Trivially unnoticeable by actual humans, catastrophic for spammers.

            AxtremusA Offline
            AxtremusA Offline
            Axtremus
            wrote on last edited by
            #778

            @jon-nyc said in Elon Musk buys a big chunk of Twitter:

            Yes but it's a pilot. I assume they'll roll this out. It won't stop ads but it will greatly limit bots. I'd pay without thinking.

            I was always supportive of the idea that sending an email would cost 1 penny or whatever. Trivially unnoticeable by actual humans, catastrophic for spammers.

            Make it like what the telephone used to cost: free within an organization (free PBX calls) but costs money to send email across organizations.

            1 Reply Last reply
            • AxtremusA Offline
              AxtremusA Offline
              Axtremus
              wrote on last edited by
              #779

              https://www.nytimes.com/2023/11/17/technology/elon-musk-twitter-x-advertisers.html

              Advertisers flee X/Twitter again, this time because Elon allegedly endorsed an antisemitic x/tweet.

              1 Reply Last reply
              • jon-nycJ Offline
                jon-nycJ Offline
                jon-nyc
                wrote on last edited by
                #780

                Only non-witches get due process.

                • Cotton Mather, Salem Massachusetts, 1692
                1 Reply Last reply
                • jon-nycJ Offline
                  jon-nycJ Offline
                  jon-nyc
                  wrote on last edited by
                  #781

                  (I think he really means ‘since the Obama Depression’)

                  Only non-witches get due process.

                  • Cotton Mather, Salem Massachusetts, 1692
                  JollyJ 1 Reply Last reply
                  • taiwan_girlT Offline
                    taiwan_girlT Offline
                    taiwan_girl
                    wrote on last edited by
                    #782

                    `https://www.businessinsider.com/elon-musks-x-sued-120-million-worth-of-server-parts-2024-8?op=1

                    Elon Musk's X is facing yet another possible legal battle, this time over $120 million worth of unpaid IT bills.

                    Taiwanese tech firm Wiwynn is suing the social media giant formerly known as Twitter for $61 million over claims it refused to pay for around $120 million in server parts after Musk took over in 2022.

                    and

                    In addition to the Wiwynn lawsuit, Musk is facing lawsuits from several former Twitter executives, including former CEO Parag Agrawal, over $128 million in unpaid severance.

                    X is also being sued by former Twitter chairman Omid Kordestani over $20 million worth of shares and other ex-Twitter staff over unpaid bonuses, with the growing number of legal fights unlikely to help the company's reportedly sagging revenues.

                    1 Reply Last reply
                    • jon-nycJ jon-nyc

                      (I think he really means ‘since the Obama Depression’)

                      JollyJ Offline
                      JollyJ Offline
                      Jolly
                      wrote on last edited by
                      #783

                      @jon-nyc said in Elon Musk buys a big chunk of Twitter:

                      (I think he really means ‘since the Obama Depression’)

                      Works for me.

                      "Own the language", the Demonrats said.

                      “Cry havoc and let slip the DOGE of war!”

                      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                      1 Reply Last reply
                      • taiwan_girlT Offline
                        taiwan_girlT Offline
                        taiwan_girl
                        wrote on last edited by
                        #784

                        https://futurism.com/mistake-elon-musk-begged-twitter-staff-turn-off-new-feature

                        In late 2022, long before multi-hyphenate billionaire Elon Musk renamed Twitter to X, rumors swirled that he was getting ready to shake up the platform's verification system.

                        His proposal: charge each subscriber for the privilege of being verified without ever doing the homework of actually verifying their identity — a short-sighted and ultimately disastrous decision that Musk reportedly regretted almost immediately.

                        and

                        The 2022 US midterm elections took place on November 8, a day before Musk started charging users for a blue checkmark.

                        When the switch was made, all hell broke loose, with countless newly verified accounts masquerading as politicians, celebrities, and companies. One account parading as Nintendo shared a viral image of Super Mario giving the finger.

                        Advertisers, who had gotten wind of the mayhem, started reaching out to Twitter's sales teams, threatening to pull their ads. According to Mac and Conger's sources, Nike executives threatened to never advertise on the platform again.

                        And Musk was terrified of the prospect of losing hundreds of millions of dollars in advertising revenue.

                        "Turn it off," he reportedly told an engineer. "Turn it off!"

                        1 Reply Last reply
                        • George KG Offline
                          George KG Offline
                          George K
                          wrote on last edited by
                          #785

                          To his credit, he changed his mind after realizing it was a mistake.

                          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                          jon-nycJ 1 Reply Last reply
                          • AxtremusA Offline
                            AxtremusA Offline
                            Axtremus
                            wrote on last edited by
                            #786

                            Good thing nothing really important happens on Twitter; it’s not like he was messing with the nation’s critical infrastructures like, banking, utilities, or transportation.

                            George KG 1 Reply Last reply
                            • AxtremusA Axtremus

                              Good thing nothing really important happens on Twitter; it’s not like he was messing with the nation’s critical infrastructures like, banking, utilities, or transportation.

                              George KG Offline
                              George KG Offline
                              George K
                              wrote on last edited by
                              #787

                              @Axtremus said in Elon Musk buys a big chunk of Twitter:

                              Good thing nothing really important happens on Twitter

                              Is there a social media platform on which something important does happen?

                              "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                              The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                              1 Reply Last reply
                              • George KG George K

                                To his credit, he changed his mind after realizing it was a mistake.

                                jon-nycJ Offline
                                jon-nycJ Offline
                                jon-nyc
                                wrote on last edited by
                                #788

                                @George-K said in Elon Musk buys a big chunk of Twitter:

                                To his credit, he changed his mind after realizing it was a mistake.

                                Yes but his best lawyers couldn’t get him out of the contract so he had to buy the company after all.

                                Only non-witches get due process.

                                • Cotton Mather, Salem Massachusetts, 1692
                                1 Reply Last reply
                                • jon-nycJ Offline
                                  jon-nycJ Offline
                                  jon-nyc
                                  wrote on last edited by
                                  #789

                                  Only non-witches get due process.

                                  • Cotton Mather, Salem Massachusetts, 1692
                                  1 Reply Last reply
                                  • taiwan_girlT Offline
                                    taiwan_girlT Offline
                                    taiwan_girl
                                    wrote on last edited by
                                    #790

                                    https://mashable.com/article/elon-musk-x-more-advertisers-pull-back-in-2025

                                    As Elon Musk struggled to rebuild X's ability to generate revenue, the site suffered a mass advertiser exodus late last year, and at least some of those departures were evidently due to pro-nazi content. A few months later, Musk told advertisers "go fuck yourself."

                                    And this was all right before Musk shared that the former Twitter's revenue was already down by 60 percent from before his acquisition.

                                    It looks like 2025 isn't going to be any better for X. A new report from UK market research firm Kantar found that 26 percent of marketers are planning to reduce their ad spend on Musk's platform next year.
                                    According to Kantar's research, this was the "biggest recorded pullback" from any of the major global advertising platforms.

                                    Doctor PhibesD 1 Reply Last reply
                                    • taiwan_girlT taiwan_girl

                                      https://mashable.com/article/elon-musk-x-more-advertisers-pull-back-in-2025

                                      As Elon Musk struggled to rebuild X's ability to generate revenue, the site suffered a mass advertiser exodus late last year, and at least some of those departures were evidently due to pro-nazi content. A few months later, Musk told advertisers "go fuck yourself."

                                      And this was all right before Musk shared that the former Twitter's revenue was already down by 60 percent from before his acquisition.

                                      It looks like 2025 isn't going to be any better for X. A new report from UK market research firm Kantar found that 26 percent of marketers are planning to reduce their ad spend on Musk's platform next year.
                                      According to Kantar's research, this was the "biggest recorded pullback" from any of the major global advertising platforms.

                                      Doctor PhibesD Offline
                                      Doctor PhibesD Offline
                                      Doctor Phibes
                                      wrote on last edited by
                                      #791

                                      @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                                      https://mashable.com/article/elon-musk-x-more-advertisers-pull-back-in-2025

                                      As Elon Musk struggled to rebuild X's ability to generate revenue, the site suffered a mass advertiser exodus late last year, and at least some of those departures were evidently due to pro-nazi content. A few months later, Musk told advertisers "go fuck yourself."

                                      And this was all right before Musk shared that the former Twitter's revenue was already down by 60 percent from before his acquisition.

                                      It looks like 2025 isn't going to be any better for X. A new report from UK market research firm Kantar found that 26 percent of marketers are planning to reduce their ad spend on Musk's platform next year.
                                      According to Kantar's research, this was the "biggest recorded pullback" from any of the major global advertising platforms.

                                      Didn't he sue some companies a while back for not advertising on X?

                                      Because obviously that's going to bring them running back!

                                      I was only joking

                                      1 Reply Last reply
                                      • jon-nycJ Offline
                                        jon-nycJ Offline
                                        jon-nyc
                                        wrote on last edited by
                                        #792

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        1 Reply Last reply
                                        • KlausK Offline
                                          KlausK Offline
                                          Klaus
                                          wrote on last edited by
                                          #793

                                          That data doesn't necessarily mean anything.

                                          It doesn't include people using the X app.

                                          It doesn't account for potential bot purges.

                                          SimilarWeb does not have access to the actual data. They need to estimate it from various other data points, and that estimation can easily be off by a factor of 2.

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