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Twitter says it could turn first-ever profit

reuters.com

51–60 of 252 posts

Re: Twitter says it could turn first-ever profit

#51
post #14

"may become profitable for the first time next quarter after ... ramping up deals to sell its data to other companies" Cool, so any indication on who is buying all my data?

I wonder if FBI/Secret Service swoop in to prevent the President's data from being sold in these cases. Or if they restrict its use/sale by other platforms as well.

Re: Twitter says it could turn first-ever profit

#52
I predict some headlines:

"Twitter is in funding crisis now making revenue as a remedy"

"The tables have turned, Twitter now making money, what's next?"

"Twitter demonstrated first profit, VC-s are in shock"

"Twitter in decline, first profit is below expected after 11 years"

"A profitable Twitter is considered harmful"

Re: Twitter says it could turn first-ever profit

#53

More and more these social media platforms feel like scheme's. Round after round of funding without ever reaching profitablity

There's always the option to simply not invest. For those platforms still in a pre-IPO state, you probably can't invest, even if you want to. For Twitter, it's easy enough to not buy the stock, and, indeed, if you bought in Jan 2014, you probably wish you hadn't. But if you bought yesterday, you're probably happy enough right now.

There are ways for investing in companies Pre-IPO such as EquityZen (https://equityzen.com). Often, shareholders want to get liquidity before IPO and sell their shares via the secondary market.

Disclosure: I am an engineer at EquityZen

Re: Twitter says it could turn first-ever profit

#54

More and more these social media platforms feel like scheme's. Round after round of funding without ever reaching profitablity

The next big scheme is allready in the making - virtual customers: You order a shoebox appartment, create a home-maker NN that can fake basic human occupancy, register it online as a new citizen and put it on basic income, and set it up to order stuff from company A. Now those NN trade among one another, sending the stuff in a circle until its scrap or they are broke and its impounded. Finally, the limiting part for…

Could you elaborate? Who's doing something like that?

Re: Twitter says it could turn first-ever profit

#55
post #14

"may become profitable for the first time next quarter after ... ramping up deals to sell its data to other companies" Cool, so any indication on who is buying all my data?

Why trust their answer anyway? If this concerns you, you should switch to Mastodon.

Re: Twitter says it could turn first-ever profit

#56
post #43

Earlier quoted context omitted.

Monthly actives is generally the primary metric and it's not so easy to calculate.

Do you mean it’s not easy to define ? It shouldn’t be difficult to calculate any particular metric going forward, but it’s inportant to define what it means to be “active.”

Calculating these metrics at scale is not trivial.

Re: Twitter says it could turn first-ever profit

#57
post #3

They would be profitable in an instant if they'd get rid of half their employees? Im not sure why they need SO many people for Twitter. I believe they have over 4000, they could easily get by with 1000

And you came up with that number, how? Do you have in-depth knowledge of what their staff makeup looks like? If you don't, how do you even begin to think about making such an absurd statement. You are saying that Twitter can continue to do what they do if they fired 3 out of 4 employees. You know what, you should propose this to their leadership, I'm sure they haven't thought of this great idea.

Re: Twitter says it could turn first-ever profit

#58
post #35

>San Francisco-based Twitter also disclosed that it had discovered an error in how it had measured its user base since 2014 and revised its estimates downward How is this possible? They can't just do like fetch_all_users, filtered by "not banned?"

Monthly actives is generally the primary metric and it's not so easy to calculate.

Quote from http://money.cnn.com/2017/10/26/technology/business/twitter-...

"These third-party applications used Digits, a software development kit of our now-divested Fabric platform, that allowed third-party applications to send authentication messages via SMS through our systems, which did not relate to activity on the Twitter platform," the company explained in its earnings report.

Really seems like something they should have caught earlier.

Re: Twitter says it could turn first-ever profit

#59
post #47
post #3

They would be profitable in an instant if they'd get rid of half their employees? Im not sure why they need SO many people for Twitter. I believe they have over 4000, they could easily get by with 1000

Oh boy, another Hacker News commenter with zero experience running a large corporation telling experienced folks how they should run a large corporation. Better yet, with no explanation for why. The sheer arrogance.

[deleted]

Re: Twitter says it could turn first-ever profit

#60
post #5

It's not mentioned in the article, but I really think President Trump has been a savior for Twitter. Without those controversial tweets, Twitter would rarely be in much of the public's mind, and the company would have continued its slow slide into irrelevance. As it is, barely a day goes by without "Twitter" being mentioned in national news.

Also, we know that twitter maintains "celebrity handlers" --- who is on the Trump handler team?

Someone did a linguistic analysis and demonstrated that there are two writers of Trump's tweets. Trump's were all the crazy ones, his handler's were all of the moderate ones and the ones that walked back what was said previously.
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