ScalziDec 13, 2023

Oh. No.

(Sips tea)

https://arstechnica.com/tech-policy/2023/12/stop-comparing-xs-dismal-ad-sales-to-twitters-past-success-x-exec-says/

Elon Musk’s X ad revenue reportedly fell $1.5B this year amid boycotts

"We are not Twitter any longer," X exec said.

Ars Technica
Show threadKristian
@scalzi Still, if their income is $3.4 billion, why aren't they making a profit? It's just a web site. Their users give them the content for free.
Dec 14, 2023 at 12:14amWeb
Show threadStarkRGDec 14, 2023
@kvaks They supposedly started paying Nazis and fascists to post more.
Show threadPaul SchoeDec 14, 2023

Because of the billions of debt that Musk burdened the company with during the takeover.

@kvaks @scalzi