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Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue

nytimes.com

41–50 of 93 posts

Re: Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue

#41
post #24

I still blame Jack Dorsey. He seriously has very little to show for what he did at Twitter for a decade.

and he's on the path of obliterating Square, now flippantly renamed to Block.

https://www.marketwatch.com/story/judge-calls-blocks-purchas...

Re: Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue

#42
post #20

Earlier quoted context omitted.

I don't know. With Jack confidently predicting a conspiracy theorist will win the presidency, it tells me Bluesky isn't going to be my destination. In fact I'm at a stage in my life where the idea of social media participation just isn't appealing any more.

Not only predicting the presidency, but explicitly providing endorsement for them!

Delusions of grandeur when tech executives have begun to believe, and pursue that their followers develop them a cult of personality and subvert the Democratic process.

Re: Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue

#43
post #11
post #4

Earlier quoted context omitted.

I think that is far from guaranteed. Most people aren't reading twitter to see what Fox news, or any other media company, thinks the news should be about.

I think you're rather missing the point the parent was making. It doesn't matter what you're there for, if the experience feels Fox-News-like, a lot of people will leave. The people remaining will be those who like Fox News.

Fox news is the biggest news organization in the US by viewership, which seems to be a positive shift then? This does not reflect in the numbers

Re: Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue

#44
post #20
post #2

When the Bluesky and the Facebook competitors launch I can see a lot of big firms moving across to those and leaving Twitter behind. Twitter is going to become the Fox news of social media I think. Lots of hardcore maga, funded by ads from the same people that advertise on Fox News.

I don't know. With Jack confidently predicting a conspiracy theorist will win the presidency, it tells me Bluesky isn't going to be my destination. In fact I'm at a stage in my life where the idea of social media participation just isn't appealing any more.

Maybe, but Dorsey's political opinions didn't influence Twitter's operations that much, at least compared to current owner's ones.

Re: Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue

#45
Ignoring the political drama twitter has just fallen so much in quality the last 6 months it will soon be useless if not fixed.

It's like the feed is becoming an addiction machine, just like youtube has already done before Tiktok perfected this "you can't control shit, just watch endless streams of our garbage."

Re: Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue

#46

Earlier quoted context omitted.

Then your issue isn't bias but trust. The article is written in a very straightforward manner, if these facts are in fact true. According to this alleged document. This isn't an anonymous source. This is a leaked document from Twitter management. Presumably NYTimes can eventually release more details if pushed on this issue and offer more solid proof.

It seems that it is literally an anonymous (not named) source.

News outlets peddle trust. And given their history, I'm inclined to trust the NYT over Twitter executive today

Re: Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue

#47
post #22

Earlier quoted context omitted.

What a shortsighted view! Do you think Twitter operates out of the goodness of their hearts and will continue to let you keep up on Ai and new space in the face of losing money? Do you think what’s there will just do to help working without active maintenance? Do you think the servers that make all this possible are running for free?

Their revenue is massively larger than the cost to run their servers (I used to run 3000 physical servers with a small team, it doesn't cost much) > advertising revenue for the five weeks from April 1 to the first week of May was $88 million

[deleted]

Re: Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue

#48
post #29
post #23

Earlier quoted context omitted.

Did you maybe reply to the wrong comment? I'm agreeing down 60% is unusual.

It's the right comment - it looked like you took the negative viewpoint that down 60% is bad. I'm saying that down 60% looks good against the backdrop of the dramatic cost-cutting that they have done.

It would seem they accounted for that drop, however still weren't able to meet forecasts that they set for themselves. That would posit a failure

Re: Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue

#49
post #11

Earlier quoted context omitted.

I think you're rather missing the point the parent was making. It doesn't matter what you're there for, if the experience feels Fox-News-like, a lot of people will leave. The people remaining will be those who like Fox News.

Fox news is the biggest news organization in the US by viewership, which seems to be a positive shift then? This does not reflect in the numbers

The highest rated cable news program is still a drop in the bucket. It's just not that many people. It's up there with large niche YouTube channels: popular in their space like a Linus Tech Tips or Contrapoints, but most people have never heard of them. More people watch Stephen Colbert poke fun at Fox News than watch Fox News.

Almost no one gets their news from Fox News, or cable news in general. People who do are less informed.

Re: Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue

#50
post #20
post #2

When the Bluesky and the Facebook competitors launch I can see a lot of big firms moving across to those and leaving Twitter behind. Twitter is going to become the Fox news of social media I think. Lots of hardcore maga, funded by ads from the same people that advertise on Fox News.

I don't know. With Jack confidently predicting a conspiracy theorist will win the presidency, it tells me Bluesky isn't going to be my destination. In fact I'm at a stage in my life where the idea of social media participation just isn't appealing any more.

What candidate is Dorsey endorsing and what conspiracies does this candidate believe in?
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